no sure where or how you work... but if you work 15days for 10% of your monthly paycheck then it means you are getting screwed. 
(but yes for someone who makes quote based on last year btc price, or make up numbers... I am not entirely surprised you find that attractive)
As you say development isn't linear, meaning to get to the first 10% hashrate increase it will cost you a lot more time and effort and this won't be rewarded...
and also we don't know if the target for the full reward is realistic either... (that's why I was saying in the example I was giving, asking for 300GH/s sha256 of a 750ti... )
(but yes for someone who makes quote based on last year btc price, or make up numbers... I am not entirely surprised you find that attractive
)As you say development isn't linear, meaning to get to the first 10% hashrate increase it will cost you a lot more time and effort and this won't be rewarded...
and also we don't know if the target for the full reward is realistic either... (that's why I was saying in the example I was giving, asking for 300GH/s sha256 of a 750ti... )
I don't think you understand how commissions work. You get paid for 10% of the job. The first 10% for instance will be the easiest as often times optimizing has diminishing returns when it comes to software(more time you put in, less you get back). That aside, you are essentially responsible for your own time. No one is forcing you to take the commission nor do you need to double the hashrate of the miner, you just need to enhance it by a certain percentage and it's pretty easy to do that without doing a full rewrite. If you were aiming for the full bounty and you thunk 'I can do it better' then maybe you'd have to go in balls deep, but at that point you'll get the whole reward anyway if you reach the goal.
You're essentially working 10% for 10% of 'your paycheck' because you never worked for the full paycheck, you just worked for a portion of it. It's a percentage, and the easiest percentage is at the beginning (which they didn't take into account).
I was short on sleep, I used 500 as a baseline instead of 200 on accident, I already explained this. You can eat a dick if you don't believe that, you don't even understand percentages so I don't expect you to understand that either. This is like explaining business to a teen. A clerical error in a rant on BCT isn't the same thing as not being able to understand the fundamentals of business.
Quote
So yes this isn't a pretty good model and not worth my time (unless I had some time to lose which isn't the case at the moment).
Good for you, apparently $1500 isn't worth a 40 hour work week, probably not even that if you're as good as you make yourself out to be. There are plenty of programmers that get paid less, especially in other countries outside the US. Also why I mentioned kernel development here needs more competition. Some of you are pretty laid back... in a multitude of areas and want to get paid premium dollars for that. Meanwhile SP releases his work open source and you just build on top of it.
This is exactly why you guys don't advertise your services. You wouldn't want anyone to catch on just how lucrative this work is and there is plenty of programmers that are qualified in C++/Cuda/OCL, just not familiar with BCT or mining.
Then what is a good model? I kind of understand the downside of the bounty model - made up target numbers by peeps (like me) that have no idea wtf goes into the work. But the "hiring a dev" also has its potential problem of the dev not being able to deliver (for whatever reason). The Monero community is still working through one such instance. And this all, of course, is wrapped up in the fact that the cryptonight bounty proposed is for an improved open source GPU miner, because Monero people want to bump the hashrate in order to secure the network.... pocketing more coin for themselves is not the goal, because optimized mining software that is publicly released won't provide any financial advantage to the miners. OK, perhaps for a week.
I was trying to make the 2X-hashrate-increase-on-existing-hardware bounty model such that lots of individuals would put into the bounty, creating a ridiculous bounty for the 2X target. Something crazy, like 15,000 XMR. Because I figure at some bounty level, it does become an attractive incentive, no matter how flawed the funding model. But, unfortunately, we're not there yet.
I mean, should we just contact tsiv and try hiring him? He seems to have working knowledge of cryptonight and maxwell architecture.
I was trying to make the 2X-hashrate-increase-on-existing-hardware bounty model such that lots of individuals would put into the bounty, creating a ridiculous bounty for the 2X target. Something crazy, like 15,000 XMR. Because I figure at some bounty level, it does become an attractive incentive, no matter how flawed the funding model. But, unfortunately, we're not there yet.
I mean, should we just contact tsiv and try hiring him? He seems to have working knowledge of cryptonight and maxwell architecture.
Their model is 'I work on whatever I feel like it, whenever I feel like it, then I sell it to the highest bidder behind the scenes when no one is looking. If you don't have enough money or I don't like you enough (which go hand in hand), tough shit and I'll run you out of town cause you can't compete'.
Someone really needs to make a company for this. This is very comparable to what happened with ASICs only using software as hardware so there aren't any startup costs. Literally no one would need to spend seed money on this besides hiring some devs for maybe a month till they can spit out a product that can be sold or leased. Since a lot of the backend work is already done (working miners, lots of open sources, good examples and documentation, infrastructure is there), it could roll out in probably two weeks with a 10 person staff structured around a couple high rolling algorithms. Probably targeting for x11, Cryptonote, and Quark based on popularity would get the biggest amount of miners on board. Add a 5% variable fee which could be walked down. A lot of basic DRM could be done that's a no brainer to keep people on board, regular releases and features would keep people on board anyway.
There IS NO COMPETITION here! Literally anyone could come in and swipe this out, but most people don't even know this is a fundamental part of mining yet. They just download whatever miner pops up and think they're set because these guys don't advertise. There is a ton of potential hashrate sitting there to be used for profit. The risk is quite minimal as well compared to getting into mining. There will always be people mining, regardless of what they're mining on and what BTC is at. So you basically need CUDA and OCL programmers, then someone to write a front end for it (or you simply ask someone like Nwolls on that already has one done).
Honestly it shouldn't matter who 'reaps the most from this'. DJM seems to be stuck on this note of people profiting off his work, even though he's selling it. It's two different things. Do gas stations get pissed off because oil tycoons or truck companies make so much money? No. They're a gas station, that's not their MO. If they had the resources to be a oil tycoon they probably wouldn't be a gas station anymore... or the oil tycoons simply buy up the gas stations.