13 May '13, 7pm

The Bitcoin network outperforms the top 500 supercomputers combined

The Bitcoin network outperforms the top 500 supercomputers combined

A Bitcoin-centric site called The Genesis Block recently broke down the data that shows just how powerful the Bitcoin mining network actually is . The processing power estimates passed one exaflops (1018 floating-point operations per second) recently, and that is no small feat. Sequoia , one of the world’s fastest supercomputers, is capable of 16.32 petaflops, but that’s only 1.6% of the estimated power of the Bitcoin mining network. As it turns out, the processing power of these computers dedicated to mining for Bitcoins is somewhere between six and eight times greater than all of the top 500 supercomputers combined.

Full article: http://www.extremetech.com/extreme/155636-the-bitcoin-net...

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