GeForce GPUs (Graphics Processing Units) designed by Nvidia are intended for the high-margin PC gaming market. GeForce GPUs are highly dominant in the general-purpose graphics processor unit (GPGPU) market due to their exclusive CUDA architecture. CUDA (Compute Unified Device Architecture) is a parallel computing platform created by Nvidia.
The CUDA platform is a software layer that gives direct access to the GPU’s virtual instruction set and the parallel computational elements for the execution of compute kernels. With their cutting-edge technologies, GeForce GPUs deliver amazing visuals and performance to gamers and creators. Moreover, GeForce GPUs are programmable which means users can use them for a variety of applications like simulations, deep learning, robotics, and mining cryptocurrency.
Nvidia announced in February that all GeForce RTX 3060 graphics cards shipped with a reduced Ethereum hash rate.
On May 18, Nvidia stated on their blog,
“Today, we’re taking additional measures by applying a reduced ETH hash rate to newly manufactured GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards. These cards will start shipping in late May.”
This step was taken to ensure that GeForce GPUs are used for their intended purpose which is gaming. For Ethereum mining, they have announced the new Nvidia CMP (Cryptocurrency Miner Processor) intended for professional mining.
As Nvidia puts it,
“That only makes sense. Our GeForce RTX GPUs introduce cutting-edge technologies — such as RTX real-time ray-tracing, DLSS AI-accelerated image upscaling technology, Reflex super-fast response rendering for the best system latency, and many more — tailored to meet the needs of gamers and those who create digital experiences.” They further added “CMP products — which don’t do graphics — are sold through authorized partners and optimized for the best mining performance and efficiency. They don’t meet the specifications required of a GeForce GPU and, thus, don’t impact the availability of GeForce GPUs to gamers.”