[RC5] Value of CPU time?

harris harrisc1 at rcn.com
Mon Mar 6 19:11:13 EST 2000

I did a detailed project on this for my IT class in business school which I
would be happy to share with anyone.  It was a hypothetical business plan for
how this might work in reality.  On the same note, I see processtree seems to
be signing up users, but their pyramid scheme disgusts me.

"Justin T. Fanning" wrote:

> Could I pose a question to the list, how much would people be willing
> to sell their CPU time for?
> I started doing some calculations today, if you price a basic P400
> system at USD$1,000.00 and give it a life of three years, the machine
> would owe you 3.8c/Hr, but this would equate to the buyer of CPU buying
> the machine at 100% face value, if you discounted the price to say 2c
> per (CPU) hour, this is roughly the equivalent of ~ 2c per 2^32 block.
> This means if you offered 50% of your CPU time, commercial distributed
> networking would subsidize 1/4 of the machine cost, not bad for nothing
> and its good for the buyer, they get access to a month of CPU time for
> ~~ USD$15  (USD$175.20/yr).  Obviously if you have a more or less
> powerful CPU sweeten or dilute the figures to taste.
> I've processed ~ 200,000 RC5 blocks, I wouldn't object to receiving a
> cheque for USD$250.00 tomorrow.
> This post doesn't constitute an offer, I am just enquiring as to costs
> as I could be a CPU buyer soon.
> Thanks,
> Justin T. Fanning
> Justin at futurecorp.co.uk
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Harris H. Hall, CFA
(212) 784-9210

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