Crypto mining is still not over, but it is significantly less crucial than it was two months ago when Ethereum switched to Proof of Stake. Reddit user Timbers007 has confirmed that the LHR restriction no longer applies to the GeForce RTX 3080 Ti (which was released together with LHR). This is on a Windows operating system that uses Ethminer, crypto mining software that has never been unlocked. The screenshots indicate a mining speed of 112 MH/s, which is similar to what unlocked miners like NiceHash/NBMiner were delivered before.
Rapid Mining on YouTube shows an RTX 3060 v2 (model with LHR) hitting 47 MH/s with the latest driver, proving that LHR has already been deactivated.
NVIDIA launched LHR models in May 2021; however, the algorithm was quickly bypassed by resourceful mining tool developers. LHR was eventually fully unlocked, impacting GPU costs, albeit only for a short time. The LHR algorithm was a simple solution that impacted all memory-intensive crypto mining workloads. NVIDIA had to re-release several graphics cards, although it was eventually included in all RTX 30 series GPUs except the flagship RTX 3090.
According to Redditor, the LHR has been removed from Windows and Linux drivers, meaning it is no longer necessary to use miners with privileged user accounts for Ergo or Ethereum Classic mining.