Cool news, Article about Coinlab on HPCwire

[xFund]

http://www.hpcwire.com/hpcwire/2012-10-09/digital_gold_rush_powered_by_gpus.html?featured=top

Vessenes and Koss, aware of this shift in the mining culture, have started to look into new applications for their crowd-sourced supercomputer. The company has more than 500 GPUs at their disposal and looks to keep that number growing. Their hope is to have HPC users kick the tires on their cluster. If everything works out, they could eventually rent cycles out to researchers and former GPU miners would be able to keep their equipment running.

[corvaxmuzzy]

Koss chuckled when asked to name the poorest performing GPU he's seen on the network. "I saw a Radeon X1600, which I think came out in 2002," he told HPCwire. "We round to the nearest 1/10th of a megahash per second, which is the unit used for Bitcoin mining, and it scored a 0.0. It produced nothing…." At the other end is the AMD Radeon HD7970, which generates the highest revenue; "I think that one makes $3.15 a day right now," he said.

X1600:  Hah!

HD7970:  $3.15/day....gross or profit?

[CoinLab]

Hey!  This is us  

Koss chuckled when asked to name the poorest performing GPU he's seen on the network. "I saw a Radeon X1600, which I think came out in 2002," he told HPCwire. "We round to the nearest 1/10th of a megahash per second, which is the unit used for Bitcoin mining, and it scored a 0.0. It produced nothing…." At the other end is the AMD Radeon HD7970, which generates the highest revenue; "I think that one makes $3.15 a day right now," he said.

X1600:  Hah!

HD7970:  $3.15/day....gross or profit?

Gross. Difficulty has gone up since we did the interview last month, they now earn ~$2.7 /day gross.