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Nvidia limiting its graphics cards’ ability to mine Ethereum cryptocurrency

This is rather interesting.

Graphics card-maker Nvidia says it will deliberately reduce the efficiency of its latest card by 50% when it is used to mine the crypto-currency Ethereum.

Crypto-currency enthusiasts have contributed to a shortage of graphics cards by snapping up supplies to use for non-gaming purposes… Nvidia said it had intervened to make sure its products “end up in the hands of gamers”.

But it will also sell a bespoke crypto-currency mining processor.

– Nvidia limits crypto-mining on new graphics card

Nvidia’s stock has had a great run in the past year. It’s not only produced extremely popular gaming cards, but its hardware has also found use in the artificial intelligence/deep learning and cryptocurrency spaces:

I’m still reading about this, and I may update this post or add a new one about my thoughts. I thought the act of deliberately modifying one’s hardware to cripple a specific function was interesting enough to document. No value judgements yet.

A part of my reading queue:

NVIDIA’s own announcement

Nvidia is nerfing its RTX 3060 GPU to stop crypto miners from buying them all – Polygon

Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient – Coindesk

I’m also looking forward to this being discussed on Nvidia’s earnings call for last quarter, scheduled for 24th Feb 2021.