Digital Currency Mining Is Stopping Us From Finding Aliens

Through the years, digital currency critics have unleashed a barrage of assaults at the nascent technology. Nowadays, it seems that they’re achieving the lowest of the barrel. This modern assault comes from researchers at the Search for Extraterrestrial Intelligence Institute and different comparable establishments, who complain that they’re having trouble acquiring the sources they need to expand operations at their observatories. The culprit is a computer chip shortage due to soaring demand amongst digital currency miners.

The Search for Extraterrestrial Intelligence Institute researcher Dan Werthimer stated:

“We’d like to use the modern graphics processing devices and we can’t get them. This is a new issue, it’s just occurred on orders we’ve been seeking to make within the remaining couple of months.”

Alien

Even though Bitcoin and different digital currencies that run on ASIC-compatible hashing algorithms cannot be mined profitably with GPUs, many networks stay ASIC-resistant and are consequently most successfully mined with the same chips, which are used for gaming and different general-motive programs.

However, digital currency mining-associated GPU demand has soared in latest months and does not appear to have been substantively tormented by the current marketplace correction. The resulting GPU shortage has incurred the wrath of gamers, and chip producers AMD and Nvidia have seen their share expenses soar while they warfare to hold up with demand.

All in all, it appears, game enthusiasts aren’t the GPU growth’s handiest sufferers. The look for Extraterrestrial Intelligence Institute, in addition to different observatories attempting to find alien existence, depend upon GPUs to experiment data from listening arrays in an try and intercept extraterrestrial communications.

Dan Werthimer, chief scientist at the Berkeley Search for Extraterrestrial Intelligence Institute Research Center, said:

“At the Search for Extraterrestrial Intelligence Institute we need to observe as many frequency channels as we probably can as we don’t understand what frequency ET will be broadcasting on and we want to search for plenty of various signal sorts, what verbal exchange are they using?”

Cryptocurrency Mining

Currently, these radio astronomers have been forced to pay exorbitant premiums to gather new chips, if they can find them at all.

Dan Werthimer said:

“That’s limiting our look for more-terrestrials, to attempt to answer the question, ‘Are we alone? Is there anyone obtainable?’”

However, demand for GPUs will probably decrease as Bitmain and different digital currency mining hardware producers create ASICs for more proof of work hashing algorithms and Ethereum starts its transition to proof of Stake. For now, evidently the look for alien existence has hit a wall, a buy wall.

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