NiceHash Cracks 90% Of NVIDIA’s Anti-Crypto Algorithm For RTX 3050/3080 

NVIDIA had announced new software changes to limit cryptocurrency mining as the GPUs faced a sudden increase in demand by miners, leading to several awaiting gamers missing out on getting their hands on the models. 

However, recently the developers at NiceHash, the global cryptocurrency mining platform, confirmed that they had thoroughly grasped the concept of the Lite Hash Rate(LHR) algorithm implemented by NVIDIA in the GeForce RTX 30-series GPUs. 

The LHRv1 and LHRv2 devices had already been fully utilized, sans any extra hardware.   

Two unresolved GPUs remained; the RTX 3050 and RTX 3080– 8 GB and 12 GB, respectively. These featured an updated LHRv3 algorithm, which could only be cracked up to a 90% level.  

NiceHash QuickMiner v0.5.4.2 RC requires NVIDIA 512.15 drivers or newer for efficient operation. 

Here’s how much time the 30-series GPUs take to mine 30 Ethereum: 

Even though a pretty significant update on its own, this LHRv3 algorithm is late to the party.  

Most of the cryptocurrencies related to GPU mining have faced losses compared to their initial value. Hence, mining right now is not practical as it won’t be profitable, and the payback period will be significantly longer.  

Solely investing in the RTX 3050/3080 cards for the LHRv3 feature is not advised. While NVIDIA figures out a cleaner layout, you should probably sit this one out.  

About Nvidia

NVIDIA Corporation is an American multinational technology company incorporated in Delaware, based in Santa Clara, California. They design graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market.

Best known for the “GeForce” lines of GPUs, they are a direct competitor to AMD’s “Radeon” series. NVIDIA has also expanded its offerings with its handheld game consoles Shield Portable, Shield Tablet, and Shield Android TV and its cloud gaming service GeForce Now.