Great Power Industry: You're a private company building an aircraft carrier?

"In display chips, we can already fit 1536 cores into the most advanced chips, with a base frequency of around 1GHz and a theoretical computing power of 3.2 TFLOPs..."

Qin Chuan's eyes lit up immediately: "These data are pretty good!"

If compared to graphics cards of later generations, it should be able to reach the level of a GTX 770 graphics card. It certainly can't compare to those 4090s, but for the early 21st century, it was an absolutely incredible existence!

"Yes, this graphics card can achieve 4K display and run all current games at full settings at over 150 frames per second... Therefore, many people think that our graphics card is too advanced and probably won't have a large market. Also, its power consumption is over 200 watts, which is not something that ordinary gamers can handle..."

After continuous experimentation and development, Loongson Technology has suddenly discovered that hardware performance is already excessive!

The processor is powerful, and the graphics card is powerful too. Except for a few show-offs, ordinary gamers don't need it at all!

Moreover, these high-end products are very expensive. Based on cost estimates, this most advanced graphics card chip would probably sell for four thousand yuan a piece. Downstream companies would then manufacture the boards and add a certain profit, bringing the price of a graphics card to six thousand yuan a piece.

At such a high price, who would buy it?

Qin Chuan naturally knew that one day, computer hardware performance would be excessive, but he didn't expect it to happen so soon. In later years, when the 4090 graphics card was released, many gamers still only had a regular GTX 730 in their computer cases. Gamers really didn't deserve good graphics cards; they cost tens of thousands of yuan each, which they couldn't afford!

He just didn't expect that hardware surplus would arrive so soon; it's all because we've developed too fast!

“Yes, Mr. Ni, hardware will never be outdated,” Qin Chuan said. “The stronger the hardware performance, the greater the demand for software will be! Now, our display chip has many uses. For example, we can use thousands or even tens of thousands of these chips to assemble supercomputers for artificial intelligence learning and training. The computing power must reach at least the EFLOPS level.”

Adding an "E" before FLOPS means it has a capacity of 100 quadrillion floating-point operations per second!

Everyone was stunned.

"President Qin, with such powerful computing capabilities, what are you calculating?"

"Artificial intelligence and autonomous learning are directions for our future development," Qin Chuan said. "Our hardware and software departments need to cooperate to complete the hardware matching and software computing, and strive to develop this industry as soon as possible."

Old Ni looked at Qin Chuan, seemingly wanting to say something but then stopping himself.

"What's wrong, Mr. Ni? Is there anything else you want to say?"

"President Qin, if we develop it ourselves, we'll just be producing and selling it ourselves. That way, we can't generate any profit."

Mr. Ni is also very realistic. The company needs to make money. If he solves the hardware requirement problem, how will he make money next?

Qin Chuan nodded. It's very good that Mr. Ni considered the need for monetization!

"Artificial intelligence is a major trend that will affect all aspects of our society in the future. Many companies will need to build their own AI servers, which will create a huge demand for computing power. Other developed countries in the world will also need this demand if they want to catch up with us. This market is huge."

Mr. Ni frowned: "President Qin, do you mean that the software we develop will be open source in the future?"

If we don't open source, we won't be able to generate this buzz. But if we do open source, wouldn't our research results just be given to others?

Old Ni didn't want his efforts to be in vain.

Qin Chuan smiled, and was just about to explain when a voice spoke up below.

"President Qin, I have an idea."

This is the sound of English!

There was a professional translator in the conference room who was responsible for translating the meeting content into English for the foreigners present. However, Qin Chuan could communicate directly with the other party in English.

So Qin Chuan looked at the person who spoke and asked directly in English, "Max, what are your thoughts?"

This was Starship's first time attending the group's annual meeting. Max had originally only planned to be a listener, but he was a restless person who would shine wherever he went.

Now that he heard that Loongson's computing power had become abundant, he immediately thought of something. When he heard that Mr. Ni did not want to open source, he became even more determined in his idea.

"Mr. Qin, are you familiar with electronic currency?"

Bitcoin?

Qin Chuan's gaze immediately hardened: "Go on!"

“Currently, all currencies in the world are issued by a certain country or organization. This method has many drawbacks, such as the over-issuance of currency. When any government needs money, its first thought is to print money, which leads to currency devaluation. The US dollar is no exception. We need decentralization to change the way currency is issued.”

Most of the people in the audience couldn't understand it.

When the government issues currency, it backs it. But who backs your electronic currency? What value can it possibly have?

"We can build a distributed system on top of the underlying P2P network, based on the TCP/IP communication protocol and cryptographic algorithms. The core layer consists of the PoW consensus mechanism, incentive mechanism, hash function, timestamp, etc..."

Halfway through the conversation, almost everyone present was completely bewildered. Even Yang Xue frowned. It was too complicated; they couldn't understand it!

“Yes, Max, I understand what you’re saying. Let me summarize it for everyone.” Qin Chuan said, “Simply put, this is about introducing a completely new concept that precisely addresses a current shortcoming in the international financial market, namely decentralization, allowing users to produce their own currency.”

"Perhaps not many people will believe it at the beginning, but through capital operations, some people can be convinced that this currency has value, just like stamps a few years ago, which were heavily speculated on. Simply put, this is..."

"A scam?" Old Ni only said two words, but he hit the nail on the head!

In fact, just like many other methods before, they announce that there is a mine in a certain place, but they don't have the money to mine it. So everyone raises money, and once they get the money, they run away. Essentially, it's all a scam, just with different levels of sophistication in the fraudulent methods.

This project is much more sophisticated, requiring certain algorithms to calculate this ethereal currency, which in turn requires massive computing power!

Driven by profit, many people purchase computers with high computing power, and can then sell high-end graphics cards.

A lot of resources and a lot of electricity were wasted, and in the end all we got was a bunch of code on the internet. It can be valuable or worthless depending on what you say it is!

From Mr. Ni's perspective, he didn't want to waste precious computer resources on this kind of project!