http://www.searchenginejournal.com/new-google-grant-awards-researchers-with-cpu-power/29122/"This program, dubbed the “Exacycle for Visiting Faculty Grant Program,” will distribute a billion core-hours to researchers around the globe. Exactly what “core-hours” mean in technical specifications is actually difficult to pinpoint, as core-hours isn’t one of the standard tracking units for CPU work (“bitcoins” being the more commonly used computation tracking unit). However, Google assures applicants that the amount granted represents a “magnitude larger than the computational resources most scientists normally have access to.”
I thought it was funny that some reporter did a quick google and decided that a "bitcoin" was a unit of measure of computational work.
....Not exactly wrong, but far from right