Economy

Scientists struggle over the demand for GPUs

Scientists struggle over the demand for GPUs

Researchers at the Search for Extraterrestrial Intelligence (SETI) have recently set out to expand operations at two observatories.

However, it has found that key computer chips are in short supply. According to Werthimer, this is because of the demand for GPUs rising over cryptocurrency mining.

"That's limiting our search for extra-terrestrials, to try to answer the question, "Are we alone? Is there anybody out there?'", Dr Werthimer told the BBC".

Miners receive rewards in the form of cryptocurrency by solving complex computation puzzles and, in doing so, verifying transactions. Solving the equations gives the miners payment in the cryptocurrency that they are mining.

Because of those capabilities, GPUs used by scientists searching for signs of alien life to handle data crunching tasks like processing broadcast signals and powering telescopes. At Seti, radio astronomers want to process as many frequency channels as possible, because we can't know which ones a distant civilization might use to send a signal to other worlds. Dr. Werthimer added. "That takes a lot of computing power". It needs GPUs to scan radio frequencies in the hope of understanding how the first stars and galaxies formed.

Seti scientists are now trying to improve their capacity by analysing Green Bank in West Virginia and Parkes in Australia's data.

But the institute has been hit by the GPU shortage.

'Cars Are to Us What Books Are to Amazon,' Uber CEO Says
The company shared the numbers with technology news site the Information after the call and confirmed them to Bloomberg . Khosrowshahi has grand visions for the future, stating that he hopes Uber will get people to stop buying cars.

We've got the money, we've contacted the vendors, and they say, 'We just don't have them'. Do you believe we're not alone in the universe? Like SETI, it's listening to radio waves from distant parts of space.

Scientists use GPUs due to its enormous computing capability especially when working with large amounts of data.

The cost of high-end GPUs purchased by the group has doubled in the midst of cryptocurrency fever, from $1,000 to $2,000, Werthimer told RT.

According to Professor Parsons - who manages the HERA telescope -, it will be able to weather the storm, but the expansion will end up costing around $32,000 more than initially planned.

He also said he was concerned that future work could even be stopped in its tracks, should the GPU shortage worsen.

The profitability of mining has, however, come under pressure in recent months after the price of Bitcoin dropped from its all-time high of around $20,000 to $9,700. This is because GPUs are also used to mine for cryptocurrencies such as Bitcoin, Ethereum and ZCash.

"We'd like to use the latest GPUs, and we can't get 'em". As a result, SETI has as many as 100 GPUs at some telescopes.


  • Kepler Capital Markets Reiterates "Buy" Rating for Greencore Group (GNC)

    The stock of Admiral Group plc (LON:ADM) has "Underweight" rating given on Monday, February 6 by Barclays Capital. Berenberg Bank's target would indicate a potential downside of -8.52% from the company's last stock close price.

    IShares MSCI China (MCHI) Rises 1.57% for Feb 14

    The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.
    GM to close plant in South Korea in restructuring

    GM to close plant in South Korea in restructuring

    GM owns 77 percent of the operations while GM's main Chinese partner, SAIC Motor Corp ., controls 6 percent. GM Korea's combined sales plunged 12 percent on-year to 524,547 vehicles from 597,165 for the whole of 2017.
  • Philip Morris International Inc. (PM) Shares Bought by Cibc Bank USA

    It is flat, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. If a buyer buys one share of stock from a seller, then that one share is added to the total volume of that particular stock.

    Quarterly EPS Forecast Review: Brandywine Realty Trust (BDN)

    Tower Research Ltd (Trc) stated it has 155 shares or 0% of all its holdings. 59 funds opened positions while 125 raised stakes. Analyst research firms are expressing bullish stance on Physicians Realty Trust (NYSE:DOC)'s near-term growth potential.
    Update on The Walt Disney Company (NYSE:DIS)

    Update on The Walt Disney Company (NYSE:DIS)

    It worsened, as 33 investors sold LKQ shares while 175 reduced holdings. 25 funds opened positions while 74 raised stakes. ADT (NYSE:ADT) coverage was started with a key '"Buy"' rating as well as a $16 target price per share at Bank of America.
  • Nokia 1 Images Leaked with Single Camera and Big Bezels

    Nokia 1 Images Leaked with Single Camera and Big Bezels

    HMD Global has been doing quite well in selling Nokia Android phones and the company is showing no signs of stopping. The images show that the smartphone is coming with a single camera and meant to be an entry level smartphone.
    Analyze The Analyst's Considerable Ratings: Applied Materials, Inc. (AMAT), Ambev SA (ABEV)

    Analyze The Analyst's Considerable Ratings: Applied Materials, Inc. (AMAT), Ambev SA (ABEV)

    LeJeune Puetz Investment Counsel LLC bought a new position in shares of Applied Materials in the third quarter valued at $105,000. Companies with higher future earnings are usually expected to issue higher dividends or have appreciating stock in the future.
    Lena Dunham Reveals She Had Full Hysterectomy After Long Battle With Endometriosis

    Lena Dunham Reveals She Had Full Hysterectomy After Long Battle With Endometriosis

    When she awoke from the surgery, Dunham said she was told her inner organs were in a worse condition than she had imagined. That's a hard thing to do, but I'm trying, because all I want is to make season 6 of Girls the best one yet.
  • South Africa opposition EFF says will boycott election of new president

    South Africa opposition EFF says will boycott election of new president

    I pray that you have the courage to do the right thing even if it is not popular...even if the comrade say let us go left but you know the right is the way to go".
    Trump's import tax is said to be off table despite his promises

    Trump's import tax is said to be off table despite his promises

    There would be draconian cuts directed against the jobs, living standards and benefits of federal government workers. Some critics say the tax is regressive because lower-income people pay a larger share of their income on the levy.
    Yesterday Trading Recap Wells Fargo & Company (WFC) Stock Price trades 7.05%

    Yesterday Trading Recap Wells Fargo & Company (WFC) Stock Price trades 7.05%

    Delpha Capital Management LLC bought a new stake in shares of Wells Fargo & Co during the fourth quarter worth about $103,000. The fund owned 5,324 shares of the financial services provider's stock after selling 1,275 shares during the quarter.