I just took my first baby step today into real scientific computing today when I was shown a data set where the smallest file is 48000 fields by 1600 rows (haplotypes for severa
The main assumptions are about the amount of cpu/cache/ram/storage/bandwidth you can have in a single machine at an acceptable price. There are lots of answers here at stackoverflow still based on the old assumptions of a 32 bit machine with 4G ram and about a terabyte of storage and 1Gb network. With 16GB DDR-3 ram modules at 220 Eur, 512 GB ram, 48 core machines can be build at reasonable prices. The switch from hard disks to SSD is another important change.