NVIDIA RTX 3090, New Record in Mining Ethereum with a Single GPU



NVIDIA's fastest GeForce mining performance to date, the RTX 3090, has been leaked and the numbers are in line with its impressive computing power. The power of the card has been measured through a mining algorithm for the cryptocurrency Ethereum, which has given a very good result. However, not everything is pretty, and with the NVIDIA RTX 30 series, we may enter a new mining boom that could exacerbate stock problems.

With a capacity of 122 MH / s, the RTX 3090 is theoretically the fastest domestic GPU when it comes to mining the cryptocurrency Ethereum. This figure is so extremely high that it is more than likely that hundreds or thousands of miners with farms will go looking for the largest possible stock of GPUs even knowing their price.

RTX 3090 - Impressive mining capability, but nuanced

As you can see in the image above, the RTX 3090 has a mining rate of 122 MH / s on Ethereum. These figures have been obtained by running the card at standard speeds, which gives it a 49% greater performance than its little sister, the RTX 3080, which reaches from 82-84 MH / s to 92-93 MH / depending on the clock speed,

Actually, we do not know which algorithm for mining Ethereum has been used in the benchmark of the RTX 3090, so the comparison could not be valid as it did not occur under the same conditions, since they would have been obtained through an algorithm different.

However, this is not good news for those who want to use the RTX 3090 for mining since the cost per MH / s of the RTX 3090 is much more expensive for its price than that of using 2 RTX 3080s for the same purpose. . Which causes all eyes to be completely focused on the RTX 3080 right now.

The increased computing capacity of the RTX 3000 thanks to the new Tensor Cores and doubling the floating point capacity of the GPU makes them a very juicy product for most miners, since NVIDIA has almost doubled the FLOPS ratio / $ (the RTX 2080 Ti reached 57 MH / s on Ethereum and was the most powerful card on the market until a few weeks ago).

It could negatively affect the stock available in the domestic market

This situation could be a problem for the ordinary user who wants to buy an RTX 3080, either to play games or to use it professionally, since this can trigger prices in the market due to the high demand from miners who would completely wipe out the card stock.

NVIDIA is currently having very serious stock issues with the RTX 3080 right after speculators swept all the orders in its online store, which has led to the anger of those who wanted to buy a card, which has led to NVIDIA to announce measures and have to force the production of chips.

NVIDIA claims it has been able to avoid shipping to speculators, but we don't know what will happen in the event of another mining boom, which like a black hole could absorb all of the initial demand for the RTX 3000 series, leaving at two candles to users, it would raise prices immediately and delay the implementation of higher performance in DLSS 2.0 and Ray Tracing.

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