| Make a circuit "digital" does not automagically make it more accurate, and you cannot "add bits" to a datatype to make your measurement more accurate. Before a digital circuit can process a signal, it must first be quantized, an inherently analog process. Your digital data is only as good as your analog signal, plus inherent quantization noise[1]. In addition, any mixed-signal IC represents a design compromise between digital and analog constraints. Any signal processing system is inherently limited by the SNR of its source signal. There is no point in building a more accurate converter than the noisiest component of your input data. In fact, when metrologists are trying achieve the maximum accuracy in their measurements, it is not uncommon to leave a test circuit on for days at a time, in order to reach a thermal equilibrium to minimize the seebeck effect[2]. And when engineers to need to make the most accurate of measurements, what do they turn to? Analog circuits. The world's most accurate voltage reference, the Kelvin-Varley Divider, dates back to the late 19th century[3]. For a modern example of a precision reference, see Jim William's excellent white paper, "Quantifying Silence"[4]. [1] http://en.wikipedia.org/wiki/Quantization_(signal_processing... [2] http://www.keithley.com/knowledgecenter/knowledgecenter_pdf/... [3] http://en.wikipedia.org/wiki/Kelvin%E2%80%93Varley_divider [4] http://cds.linear.com/docs/en/application-note/an124f.pdf |
Yes, you are limited by your measurement, but you are so limited when operating entirely within the analog domain as well. Therefore it makes sense to make your measurements as accurate as possible, quantize once, and be done with it. Keeping it in the analog domain merely allows more points for noise to enter the picture.