rpm -q pigzPigz does NOT help with uncompressing.
Computer Tips - Make gzip compress faster
Date: 2012apr10
OS: Linux
Q. Make gzip compress faster
A. You can use the --fast flag for gzip.
That may make the output file compression less small.
If your computer has multiple cores try pigz...
http://zlib.net/pigz/
And since pigz supports all the command line options of gzip
you can use the --fast option for pigz!
On RedHat/Fedora/CentOS you probably already have it installed. Try: