Up For Debate - Will the RTX 30 LHR crypto mining refresh series actually help gamers?

Written by Chad Norton on Sat, May 22, 2021 5:00 PM

Nvidia’s recently announced RTX 30 LHR (Lite Hash Rate) series is touted as another step for getting graphics cards in the hands of actual gamers after cryptocurrency miners have continually put strain on the market thanks to the recent crypto boom. But will it actually help PC gamers get their hands on one?

On the one hand, the LHR series seems like a great idea: significantly limit the crypto mining speeds of the recent RTX 30 series GPUs in order to make them less desirable to miners. After all, the global chip shortage has resulted in limited availability for graphics cards, and on top of that crypto miners have been buying up as many as there are available, further decreasing stock and driving up GPU prices once again.

On the other hand, the crypto mining limiter only affects the Ethereum cryptocurrency, which to be fair is the most popular cryptocurrency among miners at the moment. But with Ethereum moving over to a proof-of-stake model - which will negate the need for a GPU in order to mine it - miners will switch over to any one of the other countless cryptocurrencies out there.

So there is a very real chance that the RTX 30 LHR series will indeed help to make more GPUs available to gamers who actually need them, but equally as much of a chance that it simply won’t do anything.

For example, when Ethereum moves over to a proof-of-stake model, miners will have 2 options: sell the GPU second-hand for some sort of profit (since most of them will have already paid off the GPU’s price from mining alone), or continue using them to mine another altcoin.

Chances are most miners will keep their GPU and find another crypto to mine instead, since graphics cards are seen mostly as an investment these days. So instead they’ll move onto another cryptocurrency, at which point buying more cards will be a given since Nvidia won’t be limiting the mining performance for any other cryptocurrency.

Maybe we’re just being pessimistic here, and we like to be optimistic instead. Hopefully the LHR series will help make more GPUs available for those that need them, even if only for a brief time. Afterwards, we’ll just have to wait until the global chip shortage is under wraps, which according to some big tech giants won’t begin until at least 2023.

What do you think? Will the RTX 30 LHR series actually help gamers? Will it help improve stock and reduce inflated prices? Or will it make no difference whatsoever? Let’s debate!

Do you think the RTX 30 LHR series will help improve stock?

Do you think the RTX 30 LHR series will help reduce inflated prices?

Will miners still buy GPUs for other cryptocurrencies? Or sell them?

Would you buy a second-hand mining GPU?

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01:02 May-23-2021

What will help is bitcoin dropping under 10k once the mining cards are going to flood the used market it will relieve a big portion of demand and vice verse bring down new gpu prices.

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12:38 May-23-2021

People are not mining BTC with GPUs. They may get paid in BTC if they're on some weirdp lace (like nicehash), but they mine something else (ETH, RVN, etc)

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19:18 May-23-2021

and etherium is tied with bitcoin price so it matters

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02:11 May-24-2021

When BTC went up - ETH didn't, when ETH doubled in price recently - BTC didn't. Not really tied.

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02:27 May-24-2021

If bitcoins faith is tied to most cryptos its the one people point to. Having the biggest market cap/influence should it fail most cryptos will follow. When BTC fell off ethereum wasnt far behind.

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00:10 May-23-2021

This doesn't help anyone.

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21:20 May-22-2021

I doubt limiter will work long term, it might be short term solution till it gets cracked or bypassed. And miners definitely aren't yet at the point of mass selling. Despite recent drops. So at best, stock will remain low due to gamers swarming stores and buying overpriced, as I am hearing they do for a while now from retailers. Then limit will get cracked and cat and mouse game will continue.

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21:22 May-22-2021

As for buying gaming cards from ex-miners, if price is right, I would buy it. Mining isn't all that different than gaming workload and as long as miner took good care of cards and did undervolting, there will be no issues. So I see no reason why not get chap ex-mining card. By the time that will effect me significantly, I will replace my card probably at least twice before.

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21:23 May-22-2021

Basically, I am not buying card for 6+ years, I replace them in about 3 years. Unless miner abused the card a lot, it will be fine.

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19:31 May-22-2021

I'm just going to be extremely blunt here...


I don't care what anyone says or what Nvidia or AMD do, no limiter is ever going to work. They will find a way to get around the limiter, either bypassing it or removing it completely.


When there's a will, there's a way.

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18:09 May-22-2021

If it was Nvidias second take at this again with only software based limiter then it wouldn't be good, but now as they implemented hardware based limited it gives me hope somewhat

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18:01 May-22-2021

You would not be able to pay me to buy a mining GPU that was run 27/7 100% load for several months! It is not the GPU that will be hurt but rather the memory/ memory controller will be effected.

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21:22 May-22-2021

Yeah, i wouldnt buy any mining gpus

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11:36 May-23-2021

If seller allows to test GPU before buying I do not see any reason to completely avoid buying a GPU that was mined on, even more so if owner was underclocking and undervolting the GPU to improve efficiency and longevity.


And even if memory was effected usually it is enough to underclock the memory a bit to make it stable again and that problem can be used to bargain the price even further to get GPU for cheaper.

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