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T-Rex becomes the latest mining software to restore up to 70% mining performance on NVIDIA’s GeForce RTX 30-series LHR GPUs

Nivedita Bangari by Nivedita Bangari
October 9, 2021
in News, Technology
0
Cryptocurrency Bill 2021: Can you legally invest in virtual currency or not?

After the breakthrough achieved by NBMiner, T-Rex has now become yet another cryptocurrency mining software to have restored up to 70% mining performance on GeForce RTX 30-series (Ampere) LHR graphics cards. But, T-Rex offers more than just that as it comes with a pretty nifty feature that allows users to mine up to two different cryptocurrencies simultaneously. This allows users to use the remaining 30% of power to mine something else.

As we know, it is still a hard task to completely beat Nvidia’s new and improved anti-mining algorithm, however, both the NBMiner and T-Rex are still a while away from letting you dedicate 100% power to one specific coin. But in the case of T-Rex, the functionalities offered by the software is something which we can term as the closest thing to exploiting complete performance on GeForce LHR graphics cards that we’ve seen until now.

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After enabling the T-Rex’s new dual mining option, users can devote up to 30% of the card’s performance to Ethereum (ETH) and the remaining 70% to another cryptocurrency such as Ergo (ERG), Ravencoin (RVN), or Cornflux (CFX). However, the weird part is that you cannot have this the other way around with 70% going to Ethereum and the rest to another cryptocurrency.

Nvidia’s anti-mining limiter still has some defenses left to crack, and though it remains completely unbreakable for now, it’s only a matter of time before the card’s limit is broken. Ethereum will soon be shifting from a Proof-of-Work (POW) to a Proof-of-Stake (POS) protocol which will help eliminate the graphics card mining boom.

So, by this shift, we can expect that the day of graphics card miners are numbered at least in the case of Ethereum which as it happens is one of the market’s most popular cryptocurrencies. Many will probably sell their equipment, while others may just move on from Ethereum to focus on another cryptocurrency.

source

Tags: CryptocurrencyEthereum
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