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NVIDIA Doesn't Want Cryptocurrency Miners to Buy Its Gaming GPUs

NVIDIA Doesn't Want Cryptocurrency Miners to Buy Its Gaming GPUs

NVIDIA (NASDAQ: NVDA) recently announced it would make its new RTX 3060 gaming GPU "less desirable" to cryptocurrency miners by cutting its hash rate -- which gauges its mining efficiency -- in half. NVIDIA will implement the change via the GPU's software drivers, which will detect and throttle the mining algorithm for Ethereum (CRYPTO: ETH) and other cryptocurrencies. Ethereum is one of the few cryptocurrencies that can still be easily mined for a profit with mainstream gaming GPUs.