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The 8-bit floating point is even easier to understand, since you can list them all in a single page, and even visualize the entire addition and multiplication tables.

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Also a great format to count how many representation are wasted with redundant representation (ZeroS, NaN, +inf, -inf).

What is redundant about that? It "wastes" a completely negligible part of the representation space, and the consistency gains are enormous.

When talking about tiny 8-bit floats, it does waste a lot: if your exponent is only 3 bits, you've "wasted" 1/8 of all 256 possible values, which is a lot. With normal-sized floats, it's much less of an issue: 1/256 of the billions of possible 32-bit values, and 1/2048 of all possible 64-bit values.

(Also, the real "waste" is only on the multiple NaN values, since the zeros always "waste" only a single value for the "negative zero", and the infinities always "waste" only two values; AFAIK, both negative zero and the infinities are necessary for stability of some calculations.)

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