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NVIDIA Launches Ethereum Mining Tools

NVIDIA will be launching a processor tailor-made only for Ethereum mining.

NVIDIA is also planning to address graphics card shortages by making them less desirable for professional crypto miners.

The computer company that is known for its chips and graphics cards, NVIDIA has recently announced a new GPU particularly created toward mining Ethereum cryptocurrency.

The NVIDIA CMP or cryptocurrency mining processor is mainly focused on computing power, and it isn’t built to handle graphics. A lack of display outputs is meant to improve the airflow and lower the core voltages that will probably increase efficiency.

The company also lowers the computing power of its RTX 3060 graphics drivers, making them less efficient for mining, something that could annoy the gamers who are looking for top-of-the-line components, although the company states that the GPUs which make use of these sort of drivers will be “tailored” for gamers.

Graphics cards like NVIDIA’s are really difficult to get a hold of, a part of it is because they are very in demand for professional crypto miners. By purposely lowering the computing power of the RTX 3060, and launching the new processor designed particularly for pro miners, NVIDIA is now hoping to address those kinds of shortages.

A press release stated that the new CMP products are built to satisfy the “specific needs of Ethereum mining” and “don’t meet the specifications required of a GeForce GPU and, thus, don’t impact the availability of GeForce GPUs to the gamers.”

The lower-end CMPs will be available sometime in Q!, and then the higher-end models will be released in Q2.

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