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cycle crunch

cycle crunch: n. A situation wherein the number of people trying
   to use a computer simultaneously has reached the point where no one
   can get enough cycles because they are spread too thin and the
   system has probably begun to thrash.  This scenario is an
   inevitable result of Parkinson's Law applied to timesharing.
   Usually the only solution is to buy more computer.  Happily, this
   has rapidly become easier since the mid-1980s, so much so that the
   very term `cycle crunch' now has a faintly archaic flavor; most
   hackers now use workstations or personal computers as opposed to
   traditional timesharing systems.