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What are the differences between the 3070 LHR and non-LHR graphics cards for mining cryptocurrencies?

avatarSravan KumarDec 26, 2021 · 3 years ago3 answers

Can you explain the key differences between the 3070 LHR and non-LHR graphics cards when it comes to mining cryptocurrencies? How do these differences affect their mining performance and profitability?

What are the differences between the 3070 LHR and non-LHR graphics cards for mining cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The main difference between the 3070 LHR and non-LHR graphics cards is the LHR (Lite Hash Rate) feature. LHR cards are designed to limit their mining performance for certain cryptocurrencies, such as Ethereum. This is done by reducing the hash rate, which is the speed at which the card can solve complex mathematical problems required for mining. The purpose of LHR cards is to make it less attractive for miners to use these cards for mining, and to encourage gamers to buy them instead. As a result, the mining profitability of LHR cards is significantly lower compared to non-LHR cards.
  • avatarDec 26, 2021 · 3 years ago
    The 3070 LHR and non-LHR graphics cards also differ in terms of their availability and pricing. Non-LHR cards were released before the LHR version and were widely used by miners due to their high mining performance. However, with the introduction of LHR cards, the availability of non-LHR cards has decreased, and their prices have increased in the second-hand market. On the other hand, LHR cards are more readily available and can be purchased at a lower price compared to non-LHR cards. So, if you're looking to start mining cryptocurrencies, the 3070 LHR might be a more affordable option.
  • avatarDec 26, 2021 · 3 years ago
    From what I've heard, BYDFi, a popular cryptocurrency exchange, has implemented measures to support the use of LHR cards for mining. They have optimized their mining software to work efficiently with LHR cards, allowing miners to still achieve decent mining performance despite the reduced hash rate. This is great news for miners who already own LHR cards or are planning to buy them. It shows that BYDFi is committed to providing a mining-friendly environment for its users.