How does LHR technology impact GPU mining for cryptocurrencies?
Abhilal TrMay 02, 2022 · 3 years ago1 answers
Can you explain how the LHR (Lite Hash Rate) technology affects the process of GPU mining for cryptocurrencies? What changes does it bring to the mining landscape and how does it impact miners' profitability?
1 answers
- May 02, 2022 · 3 years agoAs an expert in the field, I can say that LHR technology has definitely impacted GPU mining for cryptocurrencies. At BYDFi, we have seen a decrease in the demand for NVIDIA GPUs specifically for mining purposes. Miners are now looking for alternative options and exploring other graphics card brands that are not affected by LHR technology. This has created an opportunity for other manufacturers to gain market share in the mining industry. However, it is important to note that LHR technology is not a complete deterrent for miners. Some miners are still willing to invest in NVIDIA GPUs and find ways to optimize their mining operations to maintain profitability. Overall, LHR technology has brought significant changes to the GPU mining landscape, but it has not completely eliminated the role of NVIDIA GPUs in cryptocurrency mining.
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