On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards by 100%.
Nicehash claims the software is the first to fully crack Nvidia’s Lite Hash Rate technology
According to digital currency mining platform Nicehash, the company has developed software that fully unlocks Nvidia’s Lite Hash Rate branded GPUs. “Nicehash has successfully unleashed locked down computing power for millions of people around the world,” the company said. mentioned the Saturday. “We are the first to fully unlock Nvidia’s LHR.”
Nvidia revealed the Lite Hash Rate (LHR) GPU cards in mid-May 2021 after the semiconductor giant said it wanted to put these chips back into the hands of gamers. “We believe this additional step will get more Geforce cards at better prices into the hands of gamers everywhere,” a Nvidia spokesperson said at the time.
GPU maker competitor AMD also introduced the first GPU dedicated to cryptocurrency mining called AMD Navi 12. When Nvidia introduced LHR technology, it applied the protocol to three of its proprietary GPU cards.
Cracking Nvidia’s LHR Tech Started Months Ago
Nicehash is not the only person to be able to remove Nvidia’s LHR tech. Last January, Bitcoin.com News reported on solo miners that had overcome the mining reducing technology. The report further explained that Nicehash told pcmag.com that month that Nvidia’s LHR technology “did not discourage miners at all.”
However, at that time, reports noted that miners were bypassing LHR technology by a fraction. Nicehash’s announcement on Saturday claims that Quickminer mining software removes LHR reducers by 100%.
“We are very excited to tell you that Nicehash Quickminer (Excavator) is the first mining software to fully (100%) unlock LHR cards,” a blog post published by Nicehash says. “Now you can earn more profits than any other mining software on the market if you are using LHR graphics cards with Nicehash Quickminer.”
Nicehash’s new software that unlocks Nvidia’s LHR GPU cards follows recent charges brought against Nvidia by the United States Securities and Exchange Commission (SEC). According to the SEC, Nvidia has not disclosed that crypto mining has increased its revenue. The semiconductor company agreed to pay a $5.5 million fine for the lack of disclosure.
