NVIDIA GeForce RTX 3060 To Silently Get New GA106-302 GPU, Will Once Again Limit Hash Rate In Cryptocurrency Mining Algorithms
 
In a report by HKEPC (via Igor's Lab), it is reported that NVIDIA is already working on a brand new version of the GA106 GPU. This new GPU will be known as GA106-302 and will replace the existing GA106-300 GPU featured on the GeForce RTX 3060 graphics card. The primary reason to produce this brand new GPU is to restrict cryptocurrency miners from unlocking the full mining hash-rate capabilities of the graphics card.
 
https://wccftech.com/nvidia-geforce-rtx-3060-ga106-302-gpu-once-again-limit-hash-rate-cryptocurrency-mining-algorithms/
 
 
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again this won't work ETH is able to bypass the limiter with a new Algorithm coming soon they were gong to introduce it very soon but now may wait - seeing their are bypasses already
 
second - you can't pick what coins you don't gimp and only 1 you do
this would be a SEC violation - using your power as a monopoly to effective lyundermine someone else's business - you can't pick winners and losers..ie who can run software on your product when you openly sourced the cuda for anyone to use
to develop software to use the cards whatever way you want - their are more sinister things that  can be done with the cards like breaking crypto, spying, media tampering (which involve altering pics,audio,video for criminal means)
yet Nvidia does nothing here because you are not the police force and cannot police what you can do with your hardware
 
so why pic on only 1 business model and not anyone else - and only 1 E coin (ETH)when their are various ETH coins
 
that includes business and scientific research
if your saying apple does this - not they limit whats on apple store - - so some software you have to get other ways other websites - yes you can get apps from somewhere else....you can install whatever you like on a apple phone including switch to android
 
once you own your product you can do whatever you want with it 
 
nvidia is changing this mantra
 
imagine if they made a too broad limiter that now limited legitimate research software - encoding software, or cryptography software use to product documents, HD's - communications
so other businesses and universities and now gimped - class action suit coming
 
 
as far as im concerned they are breaking SEC rules and the law doing this
 
look the way to solve this is to make a 4th type of chip from Nvidia - basically a mining asic
 
its a gpu without tensor or RTX cores, video compression or playback - - - a basic GPU with monitor ports so you can resell later to gamers - since they don't have all the extras stuff - not a great resell later on when they get put back into the regular gaming market
but its better than ewaste
 
make it so it mines better than your GPU's at lower cost and power consumption this will alleviate demand on gaming cards
 
however with silicon shortages - any card worth mining on is gonna be bought - so this is not gonna be fixed for gamers til the silcon shortage ends 
and that won't happen til we have 2x the fab space we have now - and that takes time to build.... not anytime soon
 
this is what happens when monopolies scale back fabs to cut costs and  keep prices high
just like opec does for oil - cut supply to make oil price rise and make more $$ while trimming fat off your bottom line
 
this is what happens when you let the number of fab companies shrink as well and don't use your power to control monopolistic behavior
 
 
and addin covid and trade wars with china who supplies most of the raw materials for Silicon - let alone how much silicon production they have and bar them
 
trade wars and hostilities between nations is not gonna help things
 
you wanna fix this issue we have to fix the behavior at home in our own markets
start planning and making it policy to do things at home and to use the power of the SEC to monitor and control monopolies
 
we got here by being complacent at home and offshoring manufacturing elsewhere as well as offshoring of resources
 
china holds a lot of power and a lot of US debt - till you wean yourself from debt  you will be in a pickle
 

The bubble will pop eventually and a lot of people will lose a pile
 

veganfanatic
The bubble will pop eventually and a lot of people will lose a pile
 

I thought that about 2017 but it got to about $20K went burst and went down to $5K but if you held onto Bitcoin then a couple years later it’s up to $61,000. Normally when you have a bubble burst that is the end of it.

I always assumed that it would crash and die out but so far it hasn’t. Guess we will have to see what happens in the future.

Personally I think NVIDIA's monetary resources could be better spent. 

Brad_Hawthorne
We live in a crazy time where a company will market that they're willfully crippling their products in an attempt to virtue signal why someone should buy something that there is no stock of.

It is more than Nvidia wants to make money on a miners with their dedicated mining cards that become useless e-waste than Nvidia wanting to do anything for gamers.

why buy cmp when you can buy 3060 with gimp and have 3yr Warranty vs 3months - it's more efficient than the turing cmp - so less power usage and there is better resale value later vs none
and the cmp card is more expensive
 
at least there is a chance to unlock the 3000series - at minimum you have the same hash rate with a cheaper and better card with warranty
 
it's been a bad/terrible rollout from the get go
 
you only buy CMP cards because "YOU CAN"T GET REGULAR 3000 SERIES CARDS" (At least they are hard to come by)
because you need to mine on something

Artax Nighteven

Xavier Zepherious
why buy cmp when you can buy 3060 with gimp and have 3yr Warranty vs 3months - it's more efficient than the turing cmp - so less power usage and there is better resale value later vs none
and the cmp card is more expensive
 
at least there is a chance to unlock the 3000series - at minimum you have the same hash rate with a cheaper and better card with warranty
 
it's been a bad/terrible rollout from the get go
 
you only buy CMP cards because "YOU CAN"T GET REGULAR 3000 SERIES CARDS" (At least they are hard to come by)
because you need to mine on something

that's why they are putting hardware limits on the new 30xx

Which will get cracked again quick.

A friend of mine actually mines, nothing crazy. I was against them until I actually talked to someone that mines and learned more about crypto, cool stuff! Cryptocurrency is finite, you can not just keep on printing more and more devaluing them like paper money, thus crypto can hold value by only having a set amount of keys in the wild (from what I have gathered with some research). 
 
Let people use the hardware to mine 100% with out a limiter, because more than likely you are only going to hinder the "little" guy that wants to do it as a hobby with a few cards not the mega farms that can afford to get around it (after killing a few cards modifying, or let Nvidia release a beta driver lol...)

I don't like the fact they are apparently borking the GPU so it doesn't mine which I understand the frustrations in the room for months now but will this affect other things other than gaming say for rendering, folding@home, science, etc?  People will be paying top dollar and won't be able to do what they used to do with their GPUs it feels or at least I hope not.  Hell, if a actual gamer wants to mine on the side, let them.

At the end of the day, it's a supply issue and I'm sure the big boys knew and saw this coming from miles away.  We all knew the auto industry was going all EV/Hybrid, more generation of gamers entering the field which I feel hasn't stopped growing and for decades to come, all age groups using some type of silicon whether it's for phones, tablets, school, work, cars, senior living, etc.  Saw a GM plant with a parking lot filled with what looked like finished production vehicles but were unfinished waiting for their silicon on back order.  What happens if those vehicles don't sell in time?  Az fab enough?  I think not.  It's a global shortage.  Ah yes, queue raising price cause of supply and demand scheme.  It takes 5 years to build a state of the art fab facility.  How many start ups will suffer from this that could have been revolutionary while the competitive big boys wave passing by? 

The one thing that this tells us is that this is a more serious effort than just a PR campaign (as I saw a lot of people saying in the past). Nvidia is trying. Sure, it is failing as well, but revamping existing product lines? That costs money to do. And more importantly, its something they don't have to do.
 
Sure, the ultimate goal is market segmentation and to prevent what happened with Turing and have people refusing to buy their next gen card due to oversupply of cheap, used cards from the last mining bust.
 
But they could have gone like AMD and not care.