Crypto-craze Hinders Alien Life Search, SETI Says

Due to GPU mining popularity, scientists had faced with issues trying to buy videocards
15 February 2018   64

The scientist of the Institute for the Search for Extraterrestrial Intelligence (SETI) said that the "crypto-currency craze" and popularity of mining negatively affect the activities of the organization. In particular, researchers have faced a shortage of video cards, which are necessary for complex calculations, BBC reports.

We'd like to use the latest GPUs [graphics processing units]... and we can't get 'em. That's limiting our search for extra-terrestrials, to try to answer the question, 'Are we alone? Is there anybody out there?' This is a new problem, it's only happened on orders we've been trying to make in the last couple of months. At Seti we want to look at as many frequency channels as we possibly can because we don't know what frequency ET will be broadcasting on and we want to look for lots of different signal types - is it AM or FM, what communication are they using?
 

Dan Werthimer
SETI

According to him, some telescopes can use up to 100 video cards to process data from satellites that can catch sounds and echoes throughout the solar system - for example, echoes of natural phenomena like exploding stars.

Currently, SETI scientists are trying to update the equipment in two large observatories: Green Bank in West Virginia and Parkes in Australia. However, the shortage of video cards on the market is a serious problem.

Mining Companies Approached Quebec

Miners are hoping to take advantage of Canadian electric utility Hydro-Quebec cheap rates
17 February 2018   137

During an interview with CTV News Montreal, spokesman Marc-Antoine Pouliot told that more than 100 crypto mining companies approached Hydro-Quebec. Few of them have already settled there.

According to Pouliot, some farms would consume more than 20x the power required for Montreal's sports and entertainment complex, The Bell Centre.

One project like that isn't a problem, but now we're talking hundreds.

Marc-Antoine Pouliot

Spokesman

Hydro-Quebec is attracting mining companies to the province with its low rates, but the cheap energy and cold weather - ideal for keeping mining machines cool.

Pouliot stated that Hydro-Quebec has a surplus of energy, which makes miners interesting clients. Taking this into account, Hydro-Quebec may raise energy rates for crypto businesses.