The mining ability of the Nvidia RTX 3050 is terrible.
One of the main reasons for the supply shortage in the global graphics card market over the past several months stems from the explosion in cryptocurrency mining, or roughly speaking, “mining”. This causes the price of GPUs to rise and it is difficult for the gaming community to access a source of new, quality gaming cards.
Therefore, any card model with low crypto mining performance will become more accessible (in terms of cost) to gamers. GeForce RTX 3050 (8GB version), Nvidia’s newly launched low-cost gaming graphics card, could be one such product. According to recent actual test results from VideoCardz, the GeForce RTX 3050 is indeed a very poor Ethererum (ETH) miner, and this could be good news for the global gaming community.
While it’s not officially called a Lite Hash Rate (LHR)-based GPU, it looks like the RTX 3050 will run the LHR algorithm as the card’s ETH mining hash rate is pretty bad, down from around 20MH/s down to just 12.5MH/s within seconds, right after the LHR algorithm detects the mining software. This situation can be clearly seen in the series of screenshots below from VideoCardz:
In addition, it should be noted that the model RTX 3050 used in the test is said to consume only about 73W of power. This is also a reason why the card is quite inefficient in mining.
Another Chinese tech blogger (Twitter @wxnod) also provided a screenshot of the results of the mining performance assessment that allegedly belonged to the GeForce RTX 3050. In this case, the GPU clocked in at 13, 66MH/s at 57W after hardware tuning and optimization.
Thus, despite owning 8GB of VRAM, GeForce RTX 3050 may still be an unattractive name for miners due to the fact that mining performance is not high, and this is an opportunity for gamers to own. products at a more reasonable price. With a list price of only $249, but with the ability to support both ray tracing and DLSS, this promises to be a sought-after product in the near future, especially for the gaming community. It will certainly be very difficult to buy this card model at the list price, but hopefully with the low mining performance, the price of this card model will be “more comfortable”.
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