Intel's 80GB X25-M has 80GB of NAND flash on it. That's 85,899,345,920 bytes or 80 x 1024^3 bytes (1024 bytes in a kilobyte x 1024 kilobytes in a megabyte x 1024 megabytes in a gigabyte x 80 gigabytes).
Hard drive makers however assume that 80GB means 80,000,000,000 bytes, since they use the definition of 1GB = 1,000,000,000 bytes. SSD vendors thus use the same definition. Now 80,000,000,000 bytes actually equals 74.5GB, so that's all the space you get to use on the drive.

How much space is there really on the drive? 80GB. How much space does Windows let you use? 74.5GB. What happens to the remaining 5.5GB? It's used by the drive's controller as spare area.
Intel’s controller is dynamic, it uses the entire drive as spare area until you’ve written every LBA once. Then it relies on the remaining 7.5% of non-user-space as its scratch pad. That’s why its new, out of box, performance is so good.
Other controllers may not be quite as dynamic, but they may also take a smaller performance hit when fully used. Why would Intel work so hard to make its out of box performance so high, even when it’ll be short lived? Because of TRIM.
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