Amazon Offers Cloud Supercomputing Service

Amazon's powerful Cluster Compute, released Tuesday, is Amazon's most powerful cloud server yet. The system will run Linux, according to Ars Technica. Amazon states that each node will consist of a pair of Intel Xeon X5570s with 2.93 GHz and 8MB of on-chip cache memory so that the customer can design for that specific hardware. Also, for improved performance, the nodes will have 10 Gigabyte-per-second Ethernet interfaces connecting them. .
If that's not enough for you then take notice: It costs only $1.60 per hour per instance for on-demand usage. And if you are a really savvy user then you can reserve an instance for a whole year for $4,290 or $6,590 for three years, and $0.56/hour of usage.
While the average individual might not be able to afford to pay for a whole year, the on-demand service does open up short-term opportunities for individuals. The service can be used for anything from genome research to running tedious financing programs and from any field in academia to small or large businesses.
[Via CNET]
