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Intel sacrificing lifetime for short-term gigahertz is a relatively recent phenomenon.
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This is among the "real" differences between workstation/server CPUs and commodity chips for laptops/desktops/handhelds.

Even then, if a commodity chip isn't pushed full tilt at all times, and assuming that the venting and dissipation are adequate, a commodity chip can last a long time.

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A quick search on Xeon production yields that it goes through a rather rigorous testing. I wouldn't be surprised that server cpu's in a desktop pc works longer. I can't overclock it either, and that probably helps with its lifespan as well. But yeah, the fact that it actually powers on when i click the button and isn't a limiting factor after 10 years is quite something.
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You raise two very good points that I didn't think about: (1) better binning/testing, (2) no overclocking. Keep rockin' that elderly Xeon!
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>I can't overclock it either

Except you can overclock v3 :)

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Back from my old overclocking days - its heat that kills life. And if you keep that under control (what ages is the heatpaste, replace it ever so often) i very much doubt you'll have any life issues from the cpu itself.

Bearings in fans, caps etc. are also stuff that you need to keep an eye on.

I just replaced a i5-660 thats been powered on since 2010 24/7, heatpaste was fucked so it crashed during heavy loads :)

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Not my experience.
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