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    You are at:Home»Cryptocurrency»Nvidia Launches ‘Nvidia CMP’ New Mining Chip for Cryptocurrency Miners

    Nvidia Launches ‘Nvidia CMP’ New Mining Chip for Cryptocurrency Miners

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    By Tapiwa Matthew Mutisi on February 18, 2021 Cryptocurrency, Games, Gaming, Hardware, Products

    We are gamers, through and through. We obsess about new gaming features, new architectures, new games and tech. Nvidia inventor of the GPU, which creates interactive graphics on laptops, workstations, mobile devices, notebooks, PCs, and more designed GeForce GPUs for gamers, and gamers are clamoring for more. The company has launched a new processor designed specifically for mining cryptocurrency.

    This is in response to the company’s gaming GPUs becoming extremely popular among cryptocurrency miners for their hash rates. There is currently no specific release date or recommended retail pricing for the Nvidia CMP. Nvidia said it wants to ensure its graphics cards end up in the hands of gamers, and to this end, so address the specific needs of Ethereum mining, it has launched a dedicated mining chip – the Nvidia CMP – for miners of Ethereum and other digital currencies.

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    “With the launch of GeForce RTX 3060 on 25 February, we’re taking an important step to help ensure GeForce GPUs end up in the hands of gamers. RTX 3060 software drivers are designed to detect specific attributes of the Ethereum cryptocurrency mining algorithm, and limit the hash rate, or cryptocurrency mining efficiency, by around 50%.”

    In conjunction with the neutering of its RTX graphics cards’ mining capabilities, the company has also launched the Nvidia CMP (Cryptocurrency Mining Processor).
    CMP built for miners

    Nvidia said the CMP will address the specific needs of Ethereum mining, ensuring its gaming graphics cards aren’t all bought up by crypto miners before gamers can get their hands on them. CMP products are sold through authorised partners and optimised for the best mining performance and efficiency.

    Nvidia said they do not meet the specifications required of a GeForce GPU and do not impact the availability of GeForce GPUs to gamers. “For instance, CMP lacks display outputs, enabling improved airflow while mining so they can be more densely packed. CMPs also have a lower peak core voltage and frequency, which improves mining power efficiency.”

    Related

    Bitcoin Cryptocurrency Miners Digital currency Etherium GeForce GPUs Hardware Nvidia Nvidia CMP PC Gaming Processsors
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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