Fw: [rc5] New competitor (Taxes)

Paul Leskinen paul at csfi.com
Tue Jul 1 16:21:39 EDT 1997

Hmm, I don't think my first post took.  If so, my apologies!  Here's a

Alright, I'll jump in here. Technically, your chances of finding the key
are basically your key rate divided by the overall key rate, or in your
case, let's say 200 KKeys/sec divided by (roughly) 1,000,000 KKeys per sec,
which works out to a pretty nice probability of 1/5000.

At my office, we're doing about 1 MKeys per second, so my odds are a very
attainable 1/1000.

Of course this varies as the overall key rate goes up and down, but if you
think about it, if you had the only machine (on the planet) working on it,
you'd have a probability of 1, even though it could take up to 714 years to
find it (at 200 KKeys/s).

Keep trying ;)

  -- Paul

From: Matt Steinhoff <mls at audiosports.net>
To: rc5 at llamas.net
Subject: Re: [rc5] New competitor (Taxes)
Date: Tuesday, July 01, 1997 2:06 PM

> From: "Arvin Meyer" <onsite at esinet.net>
> Of course a US winner would be subject to US taxes, including all state
> and local taxes. I was pointing out that if the effort in Finland were
> to result in the prize being sent there first, a US winner might be
> subject to taxes in BOTH countries!

    Either way, it's not something I'm going to lose sleep over. There is
only one winning key in 72,057,594,037,927,936 possible keys. If my
finds the key, then I'll think about Uncle Sam. Heck, the chances of
the lottery in my state (Florida, USA) is just one in +/-14,000,000. (If my
computer does find the RC5 key, I may start playing the lottery.)


| Matt Steinhoff          mls at audiosports.net            561-820-2021 |
| http://www.audiosports.net/              http://matt.steinhoff.net/ |
| Systems Administrator    Florida Call 511       West Palm Beach, FL |
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