13 May '13, 2pm

The World's Most Powerful Computer Network Is Being Wasted on Bitcoin

The World's Most Powerful Computer Network Is Being Wasted on Bitcoin

According to Bitcoin Watch, the whole Bitcoin network hit a record-breaking high of 1 exaFLOPS this weekend. When you're talking about FLOPS, you're really talking about the number of F loating-point O perations a computer can do P er S econd, or more simply, how fast it can tear through math problems. It's a pretty common standard for measuring computer power. An exaFLOPS is 1018 , or 1,000,000,000,000,000,000 math problems per second. The most powerful supercomputer in the world, Sequoia , can manage a mere 16 petaFLOPS, or just 1.6 percent of the power geeks around the world have brought to bear on mining Bitcoin. The world's top 10 supercomputers can muster 5 percent of that total, and even the top 500 can only muster a mere 12.8 percent.

Full article: http://gizmodo.com/the-worlds-most-powerful-computer-netw...

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