[SOLVED] what is this switch on my gpu?

Oct 1, 2020
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So I took my PC out to clean it a bit and as I was putting the components back in one by one, and I noticed this switch on the gpu while cleaning the backplate.
I have to mention that it is in its initial state now, I haven't moved it but it makes me curious.

I tried to google about it a bit and some people say that is a 2nd bios for mining and other say is a "BIOS clearer" just like the CMOS jumper on the motherboard (but I doubt that).
the gpu is an XFX RX 580 XXX GTS 8GB (quite a couple of X's I know).
What is the best position to have it on? Left or right (I'm asking performance wise)?

 

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