China ready to dominate the CryptoCurrency markets of the future using supercomputer power superiority
globinfo freexchange Max Keiser and Stacy Herbert discuss China's superiority in supercomputer power field and the possible impact on China's domination in the CryptoCurrency markets of the future. As Herbert describes based on a related article from Technology Review : If you want to crunch the world’s biggest problems, head east. According to a newly published ranking, not only is China home to the world’s two fastest supercomputers, it also has 202 of the world’s fastest 500 such devices—more than any other nation. Meanwhile, America’s fastest device limps into fifth place in the charts, and the nation occupies just 144 of the top 500 slots, making it second according to that metric. The world’s fastest supercomputer is still TaihuLight, housed at the National Supercomputing Center in Wuxi, China. Capable of performing 93 quadrillion calculations per second, it’s almost three times faster than the second-place Tianhe-2. The Department of Energy’s fifth-pla...