re:
http://www.garlic.com/~lynn/2014m.html#161 Slushware
http://www.garlic.com/~lynn/2014m.html#163 Slushware
http://www.garlic.com/~lynn/2014m.html#164 Slushware

as an aside ... the hardware layer from i86 instructions to risc
micro-ops for execution ... isn't serialized ...  it is pipelined
operation ... simple version starts with overlapping instruction fetch &
decode with instruction execution
http://en.wikipedia.org/wiki/Instruction_pipeline

the above mentions that pentium4/pentuimD had 31-stage pipeline ...
longest in mainstream consumer computing

longer pipeline affects the latency for any specific instruction getting
executed ... but isn't (necessarily) limiting in the aggregate
instruction execution rate (since the operations are overlapped in
parallel).

there was recent claim (in ibm linkedin discussion) that there is
approx. mainframe aggregate 18-20 milllion MIPS in the world today ...
or the equivalent of around 270 max. configured EC12s (@75BIPS) ...  or
about 15 e5-2699v3 blades (@1.3TIPS). A typically cloud megadatacenter
can have several hundred thousand blades ...  and a standardized
virtualization/container facility goes a long way to simplifying the
operation.
http://www.networkcomputing.com/cloud-infrastructure/virtual-machines-vs-containers-a-matter-of-scope/a/d-id/1269190

-- 
virtualization experience starting Jan1968, online at home since Mar1970

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