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881  Bitcoin / Bitcoin Discussion / The Chinese could generate 1.87 peta H/s and effectively take control of Bitcoin on: June 11, 2011, 08:55:22 PM
http://blogs.nvidia.com/2011/06/chinas-investment-in-gpu-supercomputing-begins-to-pay-off-big-time/

Quote
When the National Supercomputing Center in Tianjin, China, announced that they built Tianhe-1A — the world’s fastest supercomputer based on NVIDIA Tesla GPUs — there were a lot of folks who questioned whether this system was just a stunt machine or a true deep investment in science and technology.
Well, it looks like GPU supercomputers, like the Tianhe-1A, are just a small part of the investments that China is making in science and technology sectors – especially the high-performance computing (HPC) space. Tianhe-1A has proven today that it’s more than just a record-breaking machine – it’s a true scientific tool.
Scientists at the Institute of Process Engineering (IPE) at the Chinese Academy of Sciences (CAS) today announced a record-breaking scientific simulation on the Tianhe-1A GPU supercomputer that furthers their research in solar energy. CAS-IPE scientists ran a complex molecular dynamics (MD) simulation on all 7,168 NVIDIA Tesla GPUs to achieve a performance of 1.87 petaflops per second – that’s about the same performance as 130,000 laptops. These scientists are simulating the structure of crystalline silicon which is used in solar panels and also in the semiconductor industry.   And they were able to accomplish this world’s fastest MD simulation by writing just 2,000 lines of CUDA code.
 

The Tianhe-1A supercomputer. Powered by NVIDIA Tesla GPUs.
Some technical facts for the scientists among you (everyone else can safely skip this paragraph):
The researchers used a multi-body, bond-order potential (BOP) application that they developed at CAS-IPE.
The simulation was run using single precision floating point calculation since it was sufficient for their problem. CAS-IPE researchers verified this by calculating various physical quantities from the end result and found them out to be physically correct against actual materials.
They simulated a system with 110.1 billion atoms and the simulation ran for about 500,000 time steps to simulate a physical time of 0.116 nanoseconds of the system evolution (it seems this is a meaningful time span for the physical problem at hand).  Each step takes 25 microseconds to compute, so the whole simulation takes about 3 hours on the Tianhe-1A system.
China wants to expand their economy from being manufacturing-based to also focusing on product design. Supercomputing enables better science and engineering, which in turn leads to higher quality product design along with faster manufacturing, and reduced costs. Policy makers in China realize that supercomputing is a fundamental tool in the global competition for economic growth, and are pursuing GPU-based supercomputers to realize their goals.
This record-breaking simulation of the materials used in solar panels is just a first step. We’ll keep you posted on the next giant leaps in GPU supercomputing.

I'm scared. When do you guys think this will happen?  Huh
882  Bitcoin / Bitcoin Discussion / Re: So when will the drop in price stop? on: June 11, 2011, 08:45:39 PM
It will stop dropping June 31st. I guarantee it.
883  Bitcoin / Bitcoin Discussion / Re: Almost one per cent of the bigcoins in circulation were released today! on: June 11, 2011, 08:43:45 PM
It's percentage so you have to multiply by 0.01, so he meant 1.1BTC drop.
884  Bitcoin / Bitcoin Discussion / AMD releases next-gen card - 6 GPUs bundled in one. on: June 11, 2011, 06:47:25 PM


It's called the ATI-Mach64 GX. It can put out a total of 9 teraflops, which translates to 5 or 6 Gh/s. They will be in stores in September. I am accepting donations for further details on where to pre-order.
885  Bitcoin / Bitcoin Discussion / Introducing new currency: Bytecoin on: June 11, 2011, 06:20:56 PM
Same concept as Bitcoins but they are worth 8 times more, so they are 8 times better. Discuss.
886  Bitcoin / Bitcoin Discussion / Re: Speculators have bailed, good, PLEASE start building bitcoin businesses now on: June 11, 2011, 06:14:18 PM
Jesus freakin Christ... is every other thread here started by a troll? Seriously.
887  Economy / Speculation / Re: The Price is crashing people!! get out while you can!! on: June 11, 2011, 05:54:21 PM
At this rate, we will be seeing negative values in approximately 28.5 hours! Sell everything!!
888  Bitcoin / Bitcoin Discussion / Re: How come 60% of 15_year_old_blonde's posts start with "How Come"? on: June 11, 2011, 05:53:21 AM
I think gabriella made a new account.
889  Economy / Speculation / Re: The Price is crashing people!! get out while you can!! on: June 10, 2011, 09:43:07 PM
I want it to go down to $5 and stay there for a few weeks.
890  Economy / Speculation / Re: Bitcoin to rally to $50+ on: June 10, 2011, 06:42:32 PM
Doublings with Bitcoins come once a month, based on historical data. It will happen but not 3 or 4 days.
891  Economy / Economics / Re: It looks like the Bitcoin's value is about to see a major retrace on: June 10, 2011, 06:31:28 PM
My theory:

Bitcoins will drop to 10-15. The price will stabilize there. The stability will encourage many more people to trade more in Bitcoins, like actually using them for goods, rather than just the crazy speculation currently going on, and economic activity will increase a lot. After enough stability the value of Bitcoins will shoot up again, when there is enough real economic activity to support it.
892  Bitcoin / Bitcoin Discussion / Re: Market Tumbles down to 18.00. Mtgox seem to be shut down. on: June 10, 2011, 02:35:59 PM
Guys, it's happening. Plummeting quickly.
893  Economy / Economics / Re: Poll: Confidence / Loyalty to bitcoins on: June 10, 2011, 01:05:35 PM
I like the idea behind Bitcoins, and I like having them regardless of what the price happens to be.
894  Bitcoin / Bitcoin Discussion / Re: embedded bitcoin mining on: June 10, 2011, 04:51:10 AM
Bitcoin mining will not always be so profitable.
895  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be easier on: June 10, 2011, 04:24:29 AM
I'll confess: the bitcoin GUI is not a high development priority for me because I think downloading and running software on your computer will soon be almost extinct.

I expect pretty soon most people will be using bitcoin through web applications (like mybitcoin or instawallet) or as apps running on their mobile phones.

I'll also confess that I like the bittorrent model-- create a great technology, a "good enough" interface for it, and encourage the creation of compatible applications that have great user interfaces.


This.

+++1
896  Economy / Trading Discussion / Re: Explain Mt gox to me ? on: June 10, 2011, 04:19:03 AM
Could someone please explain the transaction limits of $1000? Where does it apply, where does it not?
897  Economy / Economics / Re: Over 9000? on: June 10, 2011, 03:25:20 AM



If it happens I will not be too surprised. It's been following a rough but consistent exponential trajectory since the very beginning.
898  Economy / Economics / Re: Over 9000? on: June 10, 2011, 03:06:07 AM
ln(9000 / 29.2) / 0.0221775241 = 258.406264

So 258 days from now... that would be February 22nd, 2012.
899  Bitcoin / Bitcoin Discussion / Re: - This system USED to be controlled by the public network. - on: June 10, 2011, 02:52:12 AM
If people are rioting and throwing bricks into windows and starting fires, random bystanders often join in without even knowing the reason. It's herd mentality, extremely common, engrained in our most basic behaviors. If a closed client became slightly popular, tons of people would join in even if it feels like it's maybe not the best idea.
900  Bitcoin / Bitcoin Discussion / Re: if i was ati or nvidia on: June 10, 2011, 02:48:28 AM
Only 128MB? Would that be good?
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