What is the impact of 3080 LHR on the profitability of cryptocurrency mining compared to non-LHR GPUs?

3 answers

• Itishree MishraDec 27, 2020 · 5 years ago
  The impact of the 3080 LHR on the profitability of cryptocurrency mining is significant. With the introduction of LHR technology, the hash rate of the 3080 GPUs is reduced when mining certain cryptocurrencies, resulting in lower mining rewards. This means that miners using 3080 LHR GPUs may experience a decrease in profitability compared to non-LHR GPUs. However, it's important to note that the impact may vary depending on the specific cryptocurrency being mined and its mining algorithm.
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• muhammad sherdilAug 13, 2020 · 5 years ago
  The profitability of cryptocurrency mining with the 3080 LHR GPUs compared to non-LHR GPUs can be affected by several factors. Firstly, the reduced hash rate of the 3080 LHR GPUs means that miners will generate fewer mining rewards. Additionally, the increased competition among miners using non-LHR GPUs may result in a higher difficulty level for mining, further reducing profitability. However, it's worth mentioning that the 3080 LHR GPUs may still be profitable for mining certain cryptocurrencies with lower mining difficulty or those that are not affected by the LHR technology.
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• Nazar PacholkoNov 07, 2020 · 5 years ago
  According to a study conducted by BYDFi, the impact of the 3080 LHR on the profitability of cryptocurrency mining is significant. The introduction of LHR technology has led to a decrease in mining rewards for miners using 3080 LHR GPUs compared to non-LHR GPUs. This reduction in profitability is primarily due to the reduced hash rate of the 3080 LHR GPUs when mining certain cryptocurrencies. However, it's important to note that profitability can vary depending on factors such as electricity costs, mining pool fees, and the specific cryptocurrency being mined.
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