Nicehash Manages to Fully Unlock Nvidia’s LHR Technology

Nicehash, a digital currency mining platform, managed to produce software that can unlock NVIDIA’s Lite Hash Rate-brand GPU. The company, in an official statement, said that “Nicehash has successfully unleashed the locked computing power for millions of people worldwide”. “We are the first to fully unlock Nvidia’s LHR.”

Nvidia first introduced the Lite Hash Rate GPU cards in mid-May last year. The move was aimed to make the GPUs available for the games. As miners were buying every GPU they can get their hand on for cryptocurrency mining. While introducing the tech, the company said that “We believe this additional step will get more Geforce cards at better prices into the hands of gamers everywhere”.

Moreover, AMD, a competitor of Nvidia, introduced the first dedicated cryptocurrency mining GPU called AMD Navi 12. Plus, Nvidia applied the LHR tech on three of its proprietary GPU cards, to begin with.

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Nvidia’s LHR tech was first cracked months ago

However, Nicehash is not the only platform that has managed to unlock Nvidia’s LHR technology. In 2021, Bitcoin.com reported that two miners managed to overcome Nvidia’s mining power limiting tech. The report further added that Nicehash has stated that Nvidia’s LHR technology is not a cause of worry for the miners. That said, miners were not able to make big inroads; they bypassed the LHR tech by a fraction. However, the new software named Quickminer can remove LHR reducers by 100%.

In a blog post, the platform stated that “We are very excited to tell you that Nicehash Quickminer (Excavator) is the first mining software to fully (100%) unlock LHR cards”. “Now you can earn more profits than any other mining software on the market if you are using LHR graphics cards with Nicehash Quickminer.”

Furthermore, the recent development comes at a time when Nvidia is facing charging by the U.S. Securities and Exchange Commission (SEC). As per the SEC, the company didn’t reveal that crypto mining has increased revenue for the company. As a result, Nvidia was asked to pay a penalty and the company has agreed to $5.5 million as a penalty for the lack of disclosure.

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