New exclusive Nvidia cryptocurrency mining processor

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Cryptocurrencies are living a truly golden age. Bitcoin and other coins are breaking historical records and reaching new heights in their values. Cryptocurrency miners have a preference to use Nvidia GPUs over CPUs to get an edge in terms of profitability. The company is now branching their line of graphic processors with a new Nvidia cryptocurrency mining processor product line.

The Nvidia’s RTX 3000 line is the most powerful and precious for this mining processes. In fact, the demand has long been spectacular not only by gamers, but also by the miners who get a lot of juice from these cards. To take advantage of both markets he company has introduced a very special product: it is called Nvidia CMP HX, designed exclusively for the purpose of mining cryptocurrencies.

What is the new Nvidia CMP all about?

Nvidia’s idea is simple: miners don’t want graphics to play with, so why not create a product specifically for them? That is the Nvidia CMP (Nvidia Cryptocurrency Mining Processor), which basically benefits from the architecture and performance of the GeForce RTX, but without all the elements that made them gaming oriented.

Nvidia CMP does not have support for graphics. Hence it does not have video outputs. Not having to deal with graphics, according to Nvidia, improves the working temperature of the unit. Additionally, it allows the card to be more compact, and with this, the possibility to stack them in larger quantities. Also, these processors work with lower frequencies and voltages, which allows improved efficiency and reduces energy consumption during mining. This translates into less expenses to the equation.

The new Nvidia CMP HX is the name of the whole product family. However it has a few versions with different features that impacts directly the mining rate and consumption. They will offer four versions ranging from the Nvidia CMP 30HX, with 26MH/s, to the CMP 90X, with 86MH/s. The consumption of the is more, of course.

How powerful are these mining cards?

To establish a reference, the GeForce RTX 3090 are around 100-130 MH/s. Although the exact figure depends on the model, the algorithm used and the frequency of the GPU.

Ethereum Hash Rate(1)26 MH/s36 MH/s45 MH/s86 MH/s
Rated Power(2)125 W185 W250 W320 W
Power Connectors(2)1x 8-pin1x 8-pin2x 8-pin2x 8-pin
Memory Size6GB8GB10GB10GB
Starting AvailabilityQ1Q1Q2Q2

1 Ethereum hash rate applied to DAG. Algorithm used: Epoch 394
2 Rated Power and Power specified by reference configuration
Source: Nvidia

The rational behind the introduction of the Nvidia cryptocurrency mining processor was precisely the idea of ​​preventing miners from pursuing the same graphics cards that gamers are trying to acquire. This should help to gradually reduce the problem of graphic cards shortages.

The imminent launch of the GeForce RTX 3060 on February 25 will be a good way to test the waters on the effect of this decision. This manages to propose a very interesting solution and fulfilling the needs of a new market niche. All this, providing cryptocurrencies continue to generate the growing interest that we are currently seeing.

Price and availability

At the moment there are no prices for these mining cards, which will appear in the first and second quarters of 2021. Now it remains to be seen if indeed the Nvidia CMP HX will achieve its objective get a privileged position among cryptocurrency miners.

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