Since the number of bacteria doubles every 500 hours, after 500 hours, there will be 30 * 2 = <<30*2=60>>60 bacteria in the colony.
After 1,000 hours, which is 500 * 2, the number of bacteria will double to 60 * 2 = <<60*2=120>>120 bacteria. Answer: \boxed{120}.
There is a population of 30 bacteria in a colony. If the number of bacteria doubles every 500 hours, what will the population be 1,000 hours from now?
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