Adam Back writes:

> Strikes me 12TH/sec is not actually very much computation?
> http://bitcoinwatch.com/ also gives network hashrate at 12.4 TH/sec.
> 
> But a single normally clocked (925Mhz) AMD 7970 based graphics card which
> has 2048 cores is claimed to provide 555MH/sec. [...]
> 
> But that means the entire bitcoin network compute is only equivalent to 23
> AMD 7970 GPUs?  That seems wrong by orders of magnitude, there are youtube
> videos of private individuals with mining rigs in that range in their
> garage.

It's wrong by three orders of magnitude because 1 TH/sec = 1000000 MH/sec.

-- 
Seth David Schoen <sch...@loyalty.org>      |  No haiku patents
     http://www.loyalty.org/~schoen/        |  means I've no incentive to
  FD9A6AA28193A9F03D4BF4ADC11B36DC9C7DD150  |        -- Don Marti
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