Tags / 2 quotes from 2 sources
#billions
Man Buys $27 Of Bitcoin, Forgets About Them, Finds They're Now Worth $886k | Technology | Theguardian.com
Mining bitcoin gets exponentially harder
To start it took 1000 calculations to reward a bitcoin, something easily achieved by one computer that was doing 100 calculations per second. However there were a few other computers/miners all mining the SAME bitcoin. After 999 calculations were made the computer that (by…
Why Big Data Is Now Such A Big Deal | Technology | The Observer
Big data outruns our tools
To call what's happening a torrent or an avalanche of data is to use entirely inadequate metaphors. This is a development on an astronomical scale. And it's presenting us with a predictable but very hard problem: our capacity to collect digital data has outrun our capacity to…