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Ethereum Mining Farm With Nvidia RTX

New Nvidia RTX LHR Unlocker Claiming 100% Ethereum Hashrate Is A Scam

Keshav Verma
by Keshav Verma
3 years ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Info about an upcoming LHR unlocker for the Nvidia RTX 30 series claims that the software unlocks 100% of the Ethereum mining hashrate.

Update: Do Not Download The Ethereum Hashrate Unlocker, It Contains Malware

A new hashrate unlocker for mining Ethereum and other coins on Nvidia’s RTX 30 series has surfaced up, and it makes some interesting claims.

As per its GitHub, the “Nvidia RTX LHR v2 Unlocker” by Sergey can fully unlock the mining performance of the Ampere cards.

The “Lite Hash Rate,” or LHR in short, versions of the Nvidia graphics cards come packed with a limiter that prevents miners from being able to use the full computing power of the GPU for mining Ethereum or any other crypto.

With the default LHR series cards, it’s only possible to extract 50% of the performance for mining. Last year, some miners were able to come up with some solutions that help circumvent this limit.

However, even with the latest version of NBMiner, the software that unlocks the additional hashrate, only 70% of the power can be used for Ethereum mining.

Now this new unlocker supposedly removes the complete limit, and lets miners make use of all the available power.

Nvidia Ethereum Mining Unlocker

Unlocked performance of the various Nvidia RTX GPUs | Source: GitHub

“The first fully automated BIOS modifier for RTX cards with LHR v2 lock. Using it is simple, intuitive and requires no advanced knowledge,” reads the GitHub page.

Related Reading | Intel’s 1st Gen Bitcoin Miner Offers Just 1/3 Hashrate Of Bitmain’s Best Model

The software claims that before modifying and flashing the BIOS file, it also creates a backup. This means the process would be reversible in theory if things go wrong.

To actually unlock the entire hashrate, modified drivers for the Nvidia RTX cards also need to be installed, which the software also automatically handles if the user is on Windows.

It should be noted that while the developer claims this process is safe, you should still proceed at your own caution as modified BIOS and driver files may mean that your card could become incompatible with tasks other than mining, like gaming.

Related Reading | Ethereum Dominance Will Go Down As Competitors Emerge, Says Morgan Stanley

The intent behind Nvidia releasing these LHR cards was to discourage miners from buying their GPUs amidst a shortage that persists to this day.

However, it seems that didn’t quite pan out as Nvidia may have wanted since even with 50% hashrate, miners still found Ethereum mining quite profitable. And now, if what this software claims is true, all limitation efforts by the GPU company have been completely worked around.

Ethereum Price

At the time of writing, ETH’s price floats around $2.6k, down 16% in the last seven days.

Ethereum Price Chart

Ethereum's price seems to have plunged down over the last few days | Source: ETHUSD on TradingView
Featured image from Pixabay.com, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Keshav Verma

Keshav Verma

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Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about.

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