Bitcoin Network is 8x „faster“ than the Top 500 Supercomputers combined

[mangox]

Die Rechnung ist ein bisschen Bullshit, da Bitcoins mit Grafikkarten gemined werden und die keine FLOPS generieren, in denen die Leistung von Prozessoren beschrieben wird. Der Umkehrschluss, den sie dort allerdings ziehen, ist immer noch ziemlich beeindruckend. Und der ganze Rechenwahn alleine für die Gier.

The bitcoin network hashrate estimate on bitcoinwatch.com passed 1 exaFLOPS (1,000 petaFLOPS) this week – over 8 times the combined speed of the top 500 supercomputers. […]

The fastest computer, Sequoia, would measure at about 1.6% of the bitcoin network. Their combined speed is 48 petaFLOPS, roughly equivalent to 5% of the bitcoin network. In fact, the top 500 supercomputers have a combined speed of 12% of the bitcoin network.

http://www.crackajack.de/2013/05/13/bitcoin-network-is-8x-faster-than-the-top-500-supercomputers-combined/

[Financisto]

Very impressive!

That's what I call "Wiki Leverage Power" working in a real (and virtual) situation...

[Light]

It certainly is a testimony to the power of the Bitcoin network. Now the next thing is whether we'll ever be able to use this kind of hashing power for medical and scientific projects.

[rigel]

Comparison doesn't make much sense.

Most of bitcoin network power is in ASICs that can just compute hashes, nothing else.

[udet4food]

And the difficulty shows no signs of slowing down 
Next year everybody will be impressed with Bitcoin security

[b!z]

Supercomputers do many things, BTC ASICs only mine BTC. I think there is a difference.

[marcovaldo]

Comparison doesn't make much sense.

Most of bitcoin network power is in ASICs that can just compute hashes, nothing else.

Yes, and also 500 computers vs thousands or millions does not make sense

[sturle]

The bitcoin network hashrate estimate on bitcoinwatch.com passed 1 exaFLOPS (1,000 petaFLOPS) this week – over 8 times the combined speed of the top 500 supercomputers. […]

Complete and utter BS.  The Bitcoin network isn't doing a single FLOP.  It only does integer operations.  I don't know how or why bitcoinwatch.com cooks up his number, but it makes no sense whatsoever.

[pedrog]

And this is outdated info, bitcoin network has grown a lot since May...

[zengryT]

Supercomputers do many things, BTC ASICs only mine BTC. I think there is a difference.

You right of course, but if top 500 supercomputers try hashing they will have only small share - that is the point