So as the GPU market became overly absurd during this past year, company's like Nvidia are starting to do something about it. Nvidia decided to release a addition to the current line of 30-Series Graphics Cards, they called it LHR Cards and are made to make miners steer clear of these cards so more cards will go to the Gamers! But why are the miners still buying the LHR cards and why? Today we will be looking at the performance of mining on my Zotac 3060 TI LHR, and seeing if it is actually profitable even though its LHR. (Low Hash Rate)
Is it Profitable?
So this card is in a pc where it is in the best possible conditions for heat dissipation. Just to give you a idea of the mining conditions its in a PC Case with 8 fans evenly pushing and pulling air out of the case. So even though Nvidia decided to lower the hash rate of there cards they didn't fully eliminate it. Which being the "LHR" of the cards is software limited that means that many miners how found a lot of ways to either decrease the LHR limiter by making the cards squeeze out as much profitability without crashing. While others how figured out how to eliminate it! I will be testing the normal performance of a 3060 TI LHR on Nicehash which is the most common mining software to use for the average consumer. Then I will be testing the current best LHR profitability settings. This other software eliminates LHR and makes your graphics card mine as well as non-LHR cards. Both of these tests will be on stock non overclocked settings with the Graphics Card fans at 100%. With these settings on NiceHash I'm getting about 3.05$/Day before electric. The next test is the T-Rex miner dual mining LHR remover. These are not my profitability with them but here is the average. Mining ergo it makes around 74 mega hash, with dual mining eth you would get 15 Mega Hash with in total mining 2 coins at the same time is equal to 89 Mega hash. So is it profitable? YES & NO Why? Well if you have the average electric rate of $0.11 per kilowatt then it is very profitable and you should go for it! But if you electric bill is higher than $0.15 then you should consider getting cheaper power or switching to renewable energy like solar panels.
Conclusion:
Mining on LHR cards are definitely profitable as long as your electric costs are not over average. Which makes it very worth it to mine on LHR Graphics cards. But if you are thinking about getting them make sure you don't pay 100$ over msrp and make sure that your ROI (Return On Investment) is under 6 months or about 200 days. Also when you mine these cryptos make sure to store all the crypto you earn in a safe place so you don't lose all your money!
