CryptoSupers Smash Moore’s Law

A Hundred Exahashes

Stephen Perrenod
The Dark Side
Published in
5 min readNov 19, 2019

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Hashes in crypto mining are the metric that parallels flop in the supercomputing world.

Crypto miners compete via Proof of Work consensus algorithms in order to win a block reward and commit a group of transactions to the blockchain. Cryptocurrency mining via Proof of Work continues to represent the most effective class of consensus algorithm to maximize security in a decentralized manner and to allow coins to accrue significant value.

In our CryptoSuper 500 race, we only look at the top mined coins that use Proof of Work, since these are the only supercomputer class workloads in the cryptocurrency world. Other consensus algorithms are much less costly, but as the marketplace has consistently demonstrated, impart much less value and security to a cryptocurrency. This is a trade-off between store of value and utility attributes.

Our third CryptoSuper 500 list is scheduled for release on November 20, 2019, at OrionX.net.

Crypto mining entered the Exascale era in 2016; three years ago, the global hash rate for bitcoin was already exceeding an ExaHash per second. As of this writing, Bitcoin’s total computational power is nearing 100 Exahashes per second; that is a billion billion hashes each second. (As of today the seven-day average is 95 Exahashes/sec.)…

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Stephen Perrenod
The Dark Side

supercomputing expert, astrophysicist, technology analyst, orionx.net, author of DarkMatter, DarkEnergy, DarkGravity