Can LHR cards be used for mining cryptocurrencies?
Kamran AlakbarliDec 17, 2021 · 3 years ago3 answers
Is it possible to use LHR (Lite Hash Rate) cards for mining cryptocurrencies? I've heard that these cards have limitations on their mining capabilities, but I'm not sure if they can still be used for mining. Can someone provide some insights on this?
3 answers
- Dec 17, 2021 · 3 years agoYes, LHR cards can still be used for mining cryptocurrencies, but their mining performance is significantly reduced compared to non-LHR cards. The LHR feature was introduced by NVIDIA to limit the mining efficiency of their GPUs and prioritize gamers. However, with the right settings and optimizations, you can still mine cryptocurrencies with LHR cards, although the profitability might be lower.
- Dec 17, 2021 · 3 years agoAbsolutely! LHR cards can be used for mining cryptocurrencies, but keep in mind that their mining hashrate is intentionally reduced by the manufacturer. This means that you won't be able to achieve the same mining performance as non-LHR cards. However, if you're looking to mine as a hobby or experiment with mining, LHR cards can still be a viable option.
- Dec 17, 2021 · 3 years agoYes, LHR cards can be used for mining cryptocurrencies. At BYDFi, we have seen users successfully mine with LHR cards. Although the hashrate is limited, it can still generate some profits depending on the cryptocurrency being mined and the current market conditions. It's important to note that mining with LHR cards might not be as profitable as using non-LHR cards, so it's crucial to consider the cost of electricity and the potential return on investment.
Related Tags
Hot Questions
- 95
How does cryptocurrency affect my tax return?
- 91
How can I minimize my tax liability when dealing with cryptocurrencies?
- 91
What are the best digital currencies to invest in right now?
- 91
How can I buy Bitcoin with a credit card?
- 61
What are the advantages of using cryptocurrency for online transactions?
- 37
What are the best practices for reporting cryptocurrency on my taxes?
- 21
What is the future of blockchain technology?
- 20
Are there any special tax rules for crypto investors?