Topic: [XPM] Working on a GPU miner for Primecoin - page 14. (Read 102805 times)

I'm now working on getting the Fermat primality test done on the GPU. Everything but the bignum modulo operation is already done, but there's a problem: The OpenCL compiler crashes when I try to compile with optimizations turned on. Without optimizations the code compiles, but that's obviously not a good solution. I will try updating my graphics drivers.

I haven't forgotten about testing on a slow CPU + overkill GPU rig, but I still have some problems using multiple GPUs.

Now lets go back to the main topic...

Any updates on the results of the testing?

What is the possible ETA for the beta testing distribution?


Thank you very much.

 

While I agree with you about developers salaries, it's not the point of the discussion. In your jobs, there is a level of accountability which isn't present here.

Thank you... I was about to jump on that comment as well. If you're a programmer making $6,000 or less every few months, you're doing it wrong. Should make a minimum of $6,000 for ONE month... and that's entry/JR. level in my experience. Programming is not by any means easy work... they deserve what they make.

Common now, we all know that software devs mostly just play around in excel cheats and spend a lot of time filling in the timereport (actually the later is true when you have to deal with sap  )

HAHA HHAHAHAHA HAH AHAAHAH AHA HAHAHAH AH AHA.

"a few months"

Mid-level C/C++ developers, particularly in a niche space like OpenCL/CUDA development, don't work for less than $4000/month. That does not include additional costs an employer would incur - equipment, unemployment insurance, consumables, administrative costs, office space, furniture for that developer, heat/lighting/water/electricity, and so on. Even amortised over many developers, those costs can easily add $1500 to the raw cost of a developer's salary.

Thus, you can understand why freelancers who are worth their salt don't work for under $50/hour (they have to cover those overheads on their own). In the initial intense phases of a new project like this, a developer can EASILY spend 10 hours a day on it - many days they can clock 16 hour work days. Even at 10 hours a day, the $6000 would only pay for 12 work days - that's a little over 2 weeks not including weekends (ie. quite a bit under 2 weeks if we factor in long work days and the occasional piece of weekend work). $6000 is a pittance, a bit of piss in a bucket for the level of work that the (sole!) developer will have to put in now and the amount of effort he'll have to put in on an on-going basis to support this. Do you think people will donate any substantial amount once they're using it and raking in tens of thousands of Dollars? Not a chance. People are greedy as fuck.

So no, we would not be able to pay "a professional programmers salary for a few months". We would possibly get a mid-level engineer for two solid weeks, or a senior dev for a bit less time.

Also, if there's any doubt as to my credentials on this subject: not only have I been a developer (professionally) for just over 14 years, but for the last 6 years I've moved beyond a team leader role and have been the senior manager of a major (local) dev house until I quit my job last year October to do my own thing. I know a thing or two about the financial implications of building or extending software.

From what I experienced with the difficulty and the price development, I dare to say that huge difficulty increases can be originated by people throwing lots of calculation power to a network, gaining lots of coins in a short time frame and when they sell those coins, prices may drop. In the end, if the difficulty stays high (because others gain interest in those coins and start to mine some on their own), the price starts to rise because it becomes more attractive to buy them than to mine them.
But I think there are a lot more aspects that have to be taken into account.
Its just a try to explain the early price drop and late price rise in case of a raising difficulty.

Sure, if you assume people would rather risk an complete loss rather than take a small loss.

But difficulty does set the minimum price you can afford to sell a coin you mined, due to the cost of power consumption.

for PPC and XPC increase difficulty means decrease block reward. not so for BTC or LTC.

Difficulty != price

Time and time again we are shown that a higher difficulty does not equal a higher price.

Well then, I am working on some primecoin ASICs, so you can donate here: 1Cxub82PuuVRR2fTXwPup2e8WJUaj4e6HH

You guys... pro coders costs 50 an hour if you want quality.

I donated 12BTC to this project, and i dont care much about the ROI. I made my money already

That is a nice chunk of change!

I was right

About $6000.  56.6 BTC @ $105/BTC

https://blockchain.info/address/1FKfgFQeZCpjGDn7ocgj26nk4K2TNiVJyD

Everyone that payed 1 BTC for a early access to the miner is going to lose money IMO. Once news of the miner gets out the price is going to drop by ~40-60%.

I personally believe it will bottom out at 0.002 - 0.003.

How much has everyone paid in all together?

If its as high as I'm thinking we could have paid a professional programmers salary for a few months at least.

No one knows at this point. It's your gamble. You can buy a lot of time on a VPS for $100, to me a week of early access isn't worth it.

What speeds would 2 7870s get combined with an i3 3225 and is it worth it to pay 1BTC for early access?