Intel Xeon E5 2692 v3 's Advantages
Higher specification of memory (2133 vs 4)
Larger L3 cache size (30MB vs 8MB)
Intel Xeon E 2124 's Advantages
Released 3 years and 8 months late
Higher base frequency (3.4GHz vs 3GHz)
More modern manufacturing process (14nm vs 22nm)
Lower TDP (72W vs 165W)