Most US technology maker Nvidia is set to launch GeForce RTX 3060, the company’s latest and most powerful graphics processing unit, later this month.
It is designed primarily to provide the best gaming experience for gaming and professional work, but the GPU can also be used for other high-power tasks, including gene sequencing, weather simulations, and cryptocurrency extraction.
Given that Bitcoin, Etherium and other digital currencies are gaining a lot of value, there is a growing interest among technology enthusiasts to exploit the cryptocurrency and this has led to a high demand for strong graphics cards.
Apparently, Nvidia is struggling to meet the demand for its GPUs in the market and expects the new GeForce RTX 3060 series not to reach pro-gamers. It is worrying that cryptocurrency miners could create a lack of computer peripherals.
“We’ve designed GeForce GPUs for gamers, and gamers are demanding more. However, NVIDIA GPUs are programmable. And users are constantly discovering new applications for themselves, from weather simulation and gene sequencing to deep and robotic learning. “Mining cryptocurrency is one of them. With the launch of GeForce RTX 3060 on February 25, we are taking an important step to ensure that GeForce GPUs reach the hands of gamers,” said Matt Wuebbling, Nvidia’s Vice President of Global GeForce Marketing.
In the coming days, Nvidia will launch RTX 3060 software drivers. It is designed to detect attributes specific to the Ethereum cryptocurrency extraction algorithm and to limit the hash rate or mining efficiency of cryptocurrencies by up to 50% on PCs.
In terms of brightness, Nvidia brings a new line of processors specifically designed for professional operation of Ethereum, called NVIDIA CMP (cryptocurrency processor).
The company says CMP products will not be able to process any graphics, but offer the best mining performance and efficiency.
You must read Bitcoin violates $ 56,000, ether up 12%
What is cryptocurrency extraction?
In simple terms, cryptocurrency extraction is a transactional procedure that involves the use of computers and cryptographic algorithms to solve complex operations and record data in a blockchain (a decentralized distributed registry). For work, a developer is rewarded with a bitcoin or any other cryptocurrency.
Get the latest news about new releases, gadget reviews, apps, cybersecurity, and more about personal technology on DH Tech only.