NVIDIA GeForce RTX 3050 is an extremely poor performer in Mining

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Videocardz has revealed performance data for the GeForce RTX 3050 in both gaming and mining in a series of leaks. The Lite Hash Rate technique, or LHR, is used on the graphics card, and it can dip as low as 12.5 MH/s in a matter of seconds. In addition, the graphics card consumes 73 watts of power.

On Twitter (@wxnod), another leaker verifies this information by publishing equivalent results using different crypto-mining software. According to the leaker, the NVIDIA GeForce RTX 3050 is capable of 13.66 MH/s with a power consumption of 57W, which was achieved by tweaking the card’s power limit and memory/core clock improvements.

With NVIDIA’s pricing and the current price of Ethereum, a crypto miner would only see a return on investment of the GeForce RTX 3050 at a retail price of $250 after 500 days. If the card is sold for $100 higher ($350), the return on investment duration will be closer to 700 days.

Because the value of digital currencies is now declining, and Ethereum is changing to a proof-of-stake protocol in June 2022, NVIDIA GeForce RTX 3050 graphic cards have been determined to be a poor choice for crypto mining. This new information should help gamers looking for low-cost graphics cards in 2022 find them.

The insider also disclosed the 3DMark TimeSpy and Firestrike benchmarks, in addition to mining performance. In TimeSpy, the NVIDIA GeForce RTX 3050 provides a 19 percent performance improvement over the Radeon RX 6500 XT, while the difference in Firestrike is only 4 percent. The graphics card is comparable to the GeForce GTX 1660 Ti, but the RTX 3060, which uses the same GA106 GPU (with 40% more cores and 60% more bandwidth), provides a performance boost of up to 47%.

In FireStrike, though, the disparity is reduced to merely 30%. The NVIDIA GeForce RTX 3050 is expected to be released next week, on January 27th.

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