Is Nvidia's RTX 3060 bad for Ethereum mining?

Nvidia made a big deal about reducing the hash rate of Ethereum mining on its new RTX 3060 graphics card last month. A special system was supposed to make the RTX 3060 undesirable for cryptominers, but Nvidia has now confirmed that it has accidentally unlocked those restrictions with a new driver.

Why is Ethereum mining so difficult?

With a focus on decentralization and security, Ethereum blockchain produces blocks within a given period that fix the computational power needed to mine automatically. However, many people consider these features as bugs to be fixed in future updates because these features make mining less profitable.

Will everyone know about Ethereum's massive overhaul?

But some Ethereum developers and others in the overall crypto space are worried that not everyone knows about the massive overhaul, and some people could still be buying thousands of dollars worth of mining equipment to invest in a strategy that will soon be obsolete.

Is Ethereum a scam?

Cryptocurrency is a relatively young and misunderstood technology. A common scam that takes advantage of this is the support scam, where scammers will impersonate support personnel for popular wallets, exchanges, or blockchains. Much of the discussion about Ethereum happens on Discord.