Amazon announces Cluster GPU Instances for Amazon EC2

[jgarzik]

Quoting from the marketing email I received...

We are excited to announce the immediate availability of Cluster GPU Instances for Amazon EC2, a new instance type designed to deliver the power of GPU processing in the cloud. GPUs are increasingly being used to accelerate the performance of many general purpose computing problems.  However, for many organizations, GPU processing has been out of reach due to the unique infrastructural challenges and high cost of the technology.  Amazon Cluster GPU Instances remove this barrier by providing developers and businesses immediate access to the highly tuned compute performance of GPUs with no upfront investment or long-term commitment.

Amazon Cluster GPU Instances provide 22 GB of memory, 33.5 EC2 Compute Units, and utilize the Amazon EC2 Cluster network, which provides high throughput and low latency for High Performance Computing (HPC) and data intensive applications.  Each GPU instance features two NVIDIA Tesla® M2050 GPUs, delivering peak performance of more than one trillion double-precision FLOPS.
[...]

URL: http://aws.amazon.com/ec2/hpc-applications/

[jgarzik]

Whoops, missed the post on another forum...

[bit-numismatist]

Very interesting, can you find out how much does it cost, so that we can estimate if it would be profitable to collaboratively invest in it?

[hacim]

It looks like they are $2.10/hr and you get two teslas at 90Mh/s each, plus some number of 'cpu compute units' say another 10Mh/sec, bringing you up to 190Mh/sec total. The average time to generate a block at 190000 Khps, given current difficulty of 16307.48285682 , is 4 days, 6 hours, 23 minutes, and 52 seconds. So at $2.10/hr thats that means $201.6 for four days of work to get 1 block. A block nets you about $20usd at the current exchange rate... so not very worth it.

[0x6763]

It looks like they are $2.10/hr and you get two teslas at 90Mh/s each, plus some number of 'cpu compute units' say another 10Mh/sec, bringing you up to 190Mh/sec total. The average time to generate a block at 190000 Khps, given current difficulty of 16307.48285682 , is 4 days, 6 hours, 23 minutes, and 52 seconds. So at $2.10/hr thats that means $201.6 for four days of work to get 1 block. A block nets you about $20usd at the current exchange rate... so not very worth it.

At today's difficulty of 55590, the average time to generate a block at 190000 Khps is 2 weeks, 0 days, 13 hours.  Assuming the same rate of $2.10/hour that's about $730 to generate 1 block.

The difficulty is expected to change in about 1 day and 8 hours from now, and it's estimated that the new difficulty may be over 77700.  The average amount of time to generate a block at 190000 Khps would then be 2 weeks, 6 days, 8 hours, which would bring the average block generate cost to $1025 per block.

At the current market price, 50 BTC trades at about $45.

[Littleshop]

Maybe someone can make software so we can rent out OUR hash capacity to Amazon customers.  At that 1/10 the Amazon price we can make more money then we are making now doing bitcoin.