Million Instructions Per Second DEFINITION: The number of MIPS (million instructions per second) is a general measure of computing performance and, by implication, the amount of work a larger computer can do. For large servers or mainframes, MIPS is a way to measure the cost of computing: the more MIPS delivered for the money, the better the value. Historically, the cost of computing measured in the number of MIPS has been reduced by half
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