20091018, 19:56  #1 
Oct 2008
n00bville
5^{2}·29 Posts 
Odditities in the 100 Million Digit Prime Award
For the 10 Million Digit Prime Award the prime number finder got half of the price with the new 100 Million Digit Prime Award he/she will only get one third of the money
It's not really logical that for an effort which costs the mprime user more than 45 times the time/money/.... gets less (in percent) than with the 10 M Digit Prime Awards.
I'm not primarily in for the money but at least half of it should go to the person who invested money/time/hardware on the client side ... Last fiddled with by joblack on 20091018 at 19:57 
20091018, 20:33  #2 
Sep 2006
Brussels, Belgium
3·19·29 Posts 
The actual finder of the exponent which will yield a 100M prime will not be the only one having put a lot of effort in the search. All other GIMPS participants will have contributed to the effort as well. According to your logic the money should be distributed among all participants, one could use the GHz days scores for that (and most of it would be spent in bank fees, a good thing since banks seem to have some cash problems of late ;)
Jacob 
20091018, 20:41  #3  
Oct 2008
n00bville
5^{2}×29 Posts 
Quote:
No GIMPS is more of a lottery and as a lottery player you don't get your invested money back if you don't 'win' ... it's also only theoretical nature because after that 12 years double checking you will get only a pizza and two cokes (or alternatively 13,80 Euro) for the 50.000 USD ... *hehe* ... Last fiddled with by joblack on 20091018 at 20:46 

20091018, 22:54  #4 
Account Deleted
"Tim Sorbera"
Aug 2006
San Antonio, TX USA
17×251 Posts 
Just to shed some light on the decrease...
I noticed that in GIMPS history, the discoverer has always won $50,000. For 1M digits, this meant 100%, for 10M digits 50%, and for 100M digits 33.33...%. 
20091019, 01:43  #5  
Jul 2006
Calgary
5^{2}·17 Posts 
Quote:
Anyway, I like pizza and coke. Last fiddled with by lfm on 20091019 at 01:44 

20091019, 03:10  #6 
"Phil"
Sep 2002
Tracktown, U.S.A.
2×13×43 Posts 
You are right  it is only fair that the winner of the 100M Digit prime should receive $2,250,000. We should demand that GIMPS put up the remaining $2,100,000 and award it all to the lucky winner.

20091019, 15:13  #7  
Oct 2008
n00bville
5^{2}·29 Posts 
Quote:
I'm proposing that every participant (GIMPS, prime finders, ...) gets a fair share and if the fraction from the price money goes down for the user it's not very motivating to assign 100M digit prime numbers ... Last fiddled with by joblack on 20091019 at 15:18 

20091019, 15:27  #8 
Oct 2008
n00bville
2D5_{16} Posts 
... and for the 1.000M it's only 20 % (or even less because of inflation) ...

20091019, 16:07  #9  
Bamboozled!
"πΊππ·π·π"
May 2003
Down not across
2960_{16} Posts 
Quote:
Prize money is almost always a PITA, partly because of the hassles of sharing it "fairly", whatever that means, and partly because it encourages participants to attempt to optimize their expected winnings rather than to optimize the aims of the project. Paul 

20091020, 02:55  #10  
Oct 2008
n00bville
1011010101_{2} Posts 
Quote:


20091020, 04:07  #11 
Jul 2006
Calgary
651_{8} Posts 
Well perhaps you forget that this is run by volunteers. They might not welcome too big an inrush of participants at their expense. You think the database server is slow now? If the nonprofit can use some of those funds to upgrade the servers I think all, present and future, contributors will benefit.

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