26
Feb
2021

The brand new Nvidia GeForce RTX 3060 video playing cards are right here and we managed to purchase one rapidly whereas there was some inventory left to do some mining benchmarks and checks. We already know that mining efficiency for the RTX 3060 is proscribed for Ethereum, however what else are you able to mine with the total efficiency is one thing that we additionally wished to search out out for positive. As we’ve predicted availability and pricing of the RTX 3060 is off the charts as folks anticipated these GPUs to be the candy spot for mining Ethereum – excessive hashrate and low value. Neither of those did change into true nevertheless and inventory availability is low, so shopping for even simply one among these new GPUs was fairly laborious and we needed to pre-order it and purchase it bundled with a motherboard simply to get our fingers on it for testing.

Specs sensible – nothing sudden. We already knew what to anticipate from the RTX 3060 GPUs by way of {hardware} and GPU and VRAM specs. We additionally although we knew what to anticipate from them by way of efficiency, however then Nvidia all of a sudden stunned us with their plans a few days in the past. And though they’re saying that they need to have the RTX 3060 obtainable for avid gamers, what they’re that means is that they need to promote their new Nvidia CMP HX Devoted Crypto Mining GPUs to miners as a substitute of RTX 3060. In the long run they are going to in all probability not succeed very properly with both for various causes…

After we run Phoenixminer on the ASUS RTX 3060 GPU with 70% TDP and +1000 MHz video reminiscence in MSI Afterburner we’re getting virtually 46 MH/s hashrate for Ethereum, nevertheless the protecting mechanism rapidly kicks in and drops that to about 23-24 MH/s. Mining Ehtereum with 46 MH/s at nearly 120W of energy utilization might be some miner’s moist dream for a mining GPU, however sadly that isn’t going to occur not less than for the second. And it’s not solely affecting Ethereum mining, Ethereum Basic additionally will get the half hashrate discount (it is rather comparable by way of algorithm), even Vertcoin’s VertHash algorithm is affected and probably different memory-intensive algorithms as properly.

Affected Algorithms Efficiency:
– Ethereum – Ethash algorithm – 45 -> 23 MH/s
– VertCoin – Verthash algorithm – 850 -> 370 KH/s
– Ethereum Basic – Etchash algorithm – 47 -> 25 MH/s

All just isn’t misplaced nevertheless as there are some worthwhile crypto algorithms that aren’t affected by the compelled half hashrate for mining from Nvidia, so the RTX 3060 remains to be usable and performing fairly properly in another well-liked algorithms…

Unaffected Algorithms Efficiency:
– Ravencoin – KAWPOW algorithm – 22 MH/s
– Veil – ProgPoW algorithm – 20.8 MH/s
– BitCash – X25X algorithm – 4.2 MH/s
– Conflux – Octopus algorithm – 42 MH/s
– Beam – BeamHashIII algorithm – 22.5 MH/s
– Aeternity – CuckooCycle algorithm – 6.6 G/s
– Grin – Cuckatoo32 algorithm – 0.39 G/s
– ZEL – Zelhash algorithm – 33.6 Sol/s
– Firo (XZC) – MTP algorithm – 2.4 MH/s

So, whereas the RTX 3060 might not be the best choice for Ethereum mining, it may possibly nonetheless carry out fairly properly in another mining algorithms, so not a complete waste of cash so far as crypto mining is worried. In case you are solely specializing in Ethereum mining nevertheless, then you definately may need to suppose twice and depart the RTX 3060 to different miners or avid gamers as a substitute.

What efficiency different Nvidia RTX 30 Sequence GPU ship for Ethereum…

Verify Some Extra Comparable Crypto Associated Publications:



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