Bitcoin Forum
December 10, 2016, 10:36:22 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: am i reading this correctly  (Read 1429 times)
jhansen858
Sr. Member
****
Offline Offline

Activity: 336


View Profile
June 17, 2011, 08:49:50 AM
 #1

it seems that bitcoin network is far more powerful then all the top 500 supercomputers combined...

http://www.top500.org/list/2010/11/100
about 5,500

vs

Network Hashrate TeraFLOP/s    53,763
http://bitcoinwatch.com/

Thought that was interesting to put it in perspective.



Hi forum: 1DDpiEt36VTJsiJunyBc3XtG6CcSAnsQ4p
1481409382
Hero Member
*
Offline Offline

Posts: 1481409382

View Profile Personal Message (Offline)

Ignore
1481409382
Reply with quote  #2

1481409382
Report to moderator
1481409382
Hero Member
*
Offline Offline

Posts: 1481409382

View Profile Personal Message (Offline)

Ignore
1481409382
Reply with quote  #2

1481409382
Report to moderator
1481409382
Hero Member
*
Offline Offline

Posts: 1481409382

View Profile Personal Message (Offline)

Ignore
1481409382
Reply with quote  #2

1481409382
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481409382
Hero Member
*
Offline Offline

Posts: 1481409382

View Profile Personal Message (Offline)

Ignore
1481409382
Reply with quote  #2

1481409382
Report to moderator
1481409382
Hero Member
*
Offline Offline

Posts: 1481409382

View Profile Personal Message (Offline)

Ignore
1481409382
Reply with quote  #2

1481409382
Report to moderator
unk
Member
**
Offline Offline

Activity: 84


View Profile
June 17, 2011, 08:54:26 AM
 #2

this statistic is spouted a lot, but it's a misleading perspective. if we're willing to call all distributed systems 'supercomputers', many such supercomputers around the world use many more cycles than bitcoin mining. for example, many massively multiplayer graphical games would qualify (in exactly the way bitcoin does - via gpus), as would likely the domain name system, sendmail, the bgp, and so on.
BombaUcigasa
Legendary
*
Offline Offline

Activity: 1414



View Profile
June 17, 2011, 05:13:52 PM
 #3

This is correct. In terms of bitcoin mining or other similar hashing performance, the bitcoin network is more powerful than the top 500 computers designed to be the most powerful computers in the world.
giszmo
Legendary
*
Offline Offline

Activity: 1568


¡ɥɔʇɐʍ ʇsnɾ &#7


View Profile WWW
June 17, 2011, 06:09:32 PM
 #4

urgs ... according to my estimations, the top 20-50 would be able to hash faster than the bitcoin network but i only looked at #1's and at #22's hardware specs with rough estimates based on the limited infos they put online.

myrkul
Hero Member
*****
Offline Offline

Activity: 532


FIAT LIBERTAS RVAT CAELVM


View Profile WWW
June 17, 2011, 06:13:41 PM
 #5

This is a misleading perspective as well. Computers playing MMOs are independent from each other in the sense that they are not all working on the same problem.

Not quite true, either. Every miner is working on a slightly different problem.

Compare to seti or folding @home.

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
Need Dispute resolution? Public Key ID: 0x11D341CF
No person has the right to initiate force, threat of force, or fraud against another person or their property. VIM VI REPELLERE LICET
myrkul
Hero Member
*****
Offline Offline

Activity: 532


FIAT LIBERTAS RVAT CAELVM


View Profile WWW
June 17, 2011, 06:32:53 PM
 #6

Not quite true, either. Every miner is working on a slightly different problem.

By problem I meant the next block. Not the same shares...

Much like SETI@home are all searching for radio signals, and Folding@home are all searching for the cure for cancer. They're all working on different pieces of the puzzle. Their puzzles are just much much harder.

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
Need Dispute resolution? Public Key ID: 0x11D341CF
No person has the right to initiate force, threat of force, or fraud against another person or their property. VIM VI REPELLERE LICET
DamienBlack
Jr. Member
*
Offline Offline

Activity: 56


View Profile
June 17, 2011, 06:43:01 PM
 #7

All of the super computers on that list are multicore, so they also have to work in parallel. So in the end, they too are just networks working on slightly different problems.

I trade bitcoin options at https://bitoption.org/ ... Join me.
I play poker at https://betco.in/ ... Join me.
Support the bitcoin economy, what do you do?
Tips: 1NfXhiTFEdKQTdLy49s6DYAP1K7MeFWyao
myrkul
Hero Member
*****
Offline Offline

Activity: 532


FIAT LIBERTAS RVAT CAELVM


View Profile WWW
June 17, 2011, 07:17:40 PM
 #8

If you took a screencap of every single WoW player, right now, you could build a pretty accurate model of Azeroth.

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
Need Dispute resolution? Public Key ID: 0x11D341CF
No person has the right to initiate force, threat of force, or fraud against another person or their property. VIM VI REPELLERE LICET
myrkul
Hero Member
*****
Offline Offline

Activity: 532


FIAT LIBERTAS RVAT CAELVM


View Profile WWW
June 17, 2011, 07:29:28 PM
 #9

Actually, I'd put it more like WoW, and Bitcoin are both like (and significantly more powerful than) a supercomputer.

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
Need Dispute resolution? Public Key ID: 0x11D341CF
No person has the right to initiate force, threat of force, or fraud against another person or their property. VIM VI REPELLERE LICET
kokojie
Legendary
*
Offline Offline

Activity: 1498



View Profile WWW
June 17, 2011, 07:35:53 PM
 #10

I think it's because all these super computers with thousands of GPUs are all using NVIDIA GPUs, if they had used AMD/ATI GPUs, they'd probably easily beat the bitcoin network's computing power.

If my post has been helpful, send me some love -> BTC: 1kokojUapmWqCqPw3Ch2rjcVh57tJEzka | PPC: PDyXAgA8eH47gokVW6zVZPSuu15aao5nZF | Bitshares: kokojie
My reputation
Synaptic
Member
**
Offline Offline

Activity: 84


View Profile
June 17, 2011, 08:16:46 PM
 #11

I think it's because all these super computers with thousands of GPUs are all using NVIDIA GPUs, if they had used AMD/ATI GPUs, they'd probably easily beat the bitcoin network's computing power.

...for a very specific use case, of course.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!