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Palit May Be Resurrecting the GeForce GTX 1060 for Crypto Miners

Palit P106-100
Palit P106-100 (Image credit: pikabu)

The cryptocurrency mining business is booming again and, according to a PC Gamer report, Palit may be getting ready to ride the wave. The company has registered multiple P106 graphics cards with the Eurasian Economics Commission (EEC). As always, these registered models may or may not make it to the market.

Palit, like many other brands, launched the P106-100 back in 2017. The graphics card was based on the GP106 Pascal silicon, which is the same die that powers the highly successful GeForce GTX 1060. In effect, the P106-100 and GeForce GTX 1060 were literally the same graphics card, aside from the removal of the video outputs on the first.

As PC Gamer noted, the new part numbers sport a different nomenclature in comparison to the original part numbers. The registered part numbers fall in line with Palit's last-generation GTX 16-series graphics cards. However, it isn't likely that the manufacturer will update graphics card to the TU116 Turing silicon. Given the recent revitalization of the cryptocurrency mining business, Palit may just be dumping leftover inventory that it may have in its warehouse.

Palit P106-100 (Image credit: EEC)

Nvidia has recycled Turing to launch its latest Cryptocurrency Mining Processor (CMP) lineup of graphics cards. The 30HX is Nvidia's entry-level crypto-mining SKU. And as we've seen, it's likely based around the TU116 silicon, the die inside the GeForce GTX 1660 Super. Nvidia rates its 30HX with an Ethereum hash rate up to 26 MH/s. According to Minerstat, the P106-100 is still good for a hash rate of 21 MH/s, which isn't bad for a four-year-old graphics card.

The 30HX and 40HX are scheduled to launch in the first quarter of the year.  But Nvidia hasn't revealed the pricing for any of its CMP devices yet. However, we've already seen mentions of the 30HX and 40HX in the latest GeForce Game Ready 461.72 WHQL driver, so they should be right around the corner. If Palit prices the new P106-100 just right, the manufacturer could definitely steal some of the cryptocurrency profit pie from Nvidia's CMP.

  • exploding_psu
    21 MH/s? I'm not in the mining game but if a 1060 is actually capable of churning out that number it's quite impressive

    By the way, I have a 1060 with the exact shroud, it has a DA branding on it though
    Reply
  • Zarax
    All we need now is someone releasing a RX 590 card again and we're back to 2019.
    Reply
  • Krotow
    Palit may just be dumping leftover inventory that it may have in its warehouse.

    Yep, that is the real reason. Why not clean some containers from stale stuff when people are desperate to purchase even something below GTX980 and RX460? Craigslist prices for used GPUs almost tripled in January.

    Zarax said:
    All we need now is someone releasing a RX 590 card again and we're back to 2019.

    Imagine for how much that someone will sell it :p
    Reply
  • spentshells
    exploding_psu said:
    21 MH/s? I'm not in the mining game but if a 1060 is actually capable of churning out that number it's quite impressive

    By the way, I have a 1060 with the exact shroud, it has a DA branding on it though
    Sell it!

    I saw one sell for 570 cdn 3 days ago.... a month after I sold my 1070ti for 410
    Reply
  • exploding_psu
    spentshells said:
    Sell it!

    I saw one sell for 570 cdn 3 days ago.... a month after I sold my 1070ti for 410

    Yeah, I've been thinking of doing so. The GPU just sits there somewhere under my table, along with a 970. But I don't know, sentimental value is a powerful thing
    Reply