If you're being told that the left can beat the right in price-per-performance, you're being lied to

If you're being told that the left can beat the right in price-per-performance, you're being lied to.

There is no step in computation that's made more efficient by using iExec, and therefore the price has the be worse than traditional solutions.

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>tfw your coin went from being unnoticed for months to being shilled/fudded constantly

I believe I am going to make it boys

Snake oil

we're truly going to make it

It's an easy market to rent out overcapacity instead of letting the hardware idle. It provides highly flexible supply instead of the tiered subscription plans of today.
Mildly tech savvy normies will rent out their gaming gpus while not gaming, considerng the cost to be at electricity, or not even that if they need to heat their house. Server hardware is expensive to acquire.

Overall the world will need less hardware because it can be more effectively shared via a decentralized semi automatic market.

Its complementary to traditional cloud services, and cloud services themselves will both use it to sell when they have low demand, and when they have too much demand that they see as temporary, instead of buying more hardware, they will outsource some workload via iexec.

The iexec marketplace itself is what makes the sector more efficient through higher automation and lower barrier to entry for sellers and buyers.

>It's an easy market to rent out overcapacity instead of letting the hardware idle. It provides highly flexible supply instead of the tiered subscription plans of today.
>Mildly tech savvy normies will rent out their gaming gpus while not gaming, considerng the cost to be at electricity, or not even that if they need to heat their house. Server hardware is expensive to acquire.
>Overall the world will need less hardware because it can be more effectively shared via a decentralized semi automatic market.
>Its complementary to traditional cloud services, and cloud services themselves will both use it to sell when they have low demand, and when they have too much demand that they see as temporary, instead of buying more hardware, they will outsource some workload via iexec.
>The iexec marketplace itself is what makes the sector more efficient through higher automation and lower barrier to entry for sellers and buyers.

OP BTFO'D

we all gonna make it frens.

fair point to be honest, but who exactly is the target audience?
People who need large amounts high performance computing are going to use whatever is cheapest - e.g. the overengineered clusters at google, amazon, and whatnot.

So you need some kind of "needs distributed high performance computing, but not really, or not as urgently" customer. Who exactly is that?

anybody with free server space.

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if they can save 90% on costs for the potential of a semi-slower operation they'll choose it EVERY single time.

And that's saying if it is even slower in 2020 when they get their HPC update going.

>if it is even slower
purely from an engineering standpoint it's impossible for it to be faster.

Technically you can scale the network to be faster than any specific cluster, sure, but assuming you have a static workload, and want to be done in time X, iExec will have either have to be more expensive, or take more time than X.

This is an unavoidable consequence of specialized hardware vs general purpose hardware. It's not at all unlike a GPU vs ASIC comparison and saying "but I can get enough GPUs to be faster than an ASIC" - that's simply not the point. The point is price and efficiency.

Ok maybe it'll never be 100% as fast but even if it's 50% as fast or 30% as fast and still saves them 90-99% on costs they'll still pick it every time if the process isn't required to be instant.

I mean, I get it, there's a lot of hardware out there that does nothing all day, and I'm all for using it in a sensible way, but where exactly do you come up with a >90% price/performance gain?

I can see a lot of potential for maybe scientific applications and simulations, but then I have to start doubting the financial force behind the target market. So, eh, we'll see I guess.

Decentralization generally leads to lower prices

Business overhead (cooling, maintaining warehouses) completely negated by distributing it.
>iexec wins here
Fibre channel between servers is only good when you absolutely need data flow between server a and b. With iexec you completely cut this out. I guess you could make the case that the oracle would be slower than fibre interconnects.
You have to remember that there also are traditional cloud providers connecred to iexec, so if you needed a massive parrelized job done you could specify you want hpc style data centers to execute the contract.

>You have to remember that there also are traditional cloud providers connecred to iexec, so if you needed a massive parrelized job done you could specify you want hpc style data centers to execute the contract.
this

>there also are traditional cloud providers connecred to iexec
who precisely would that be? That all sounds dandy and all, but is it actually real

the team has shit tons of experience in cloud computing and are extremely successful in their respective fields. i'm assuming they are all very comfy and could find employment anywhere they choose for the highest of salaries. i'm using my brainlet logic here, but i think they saw some deficiencies in the market and realized that a decentralized solution could be disruptive and started off on this venture. am i crazy to believe that these guys have this shit figured out more so than the anons on a surinamese jackalope enthusiast forum. but in all honesty i'm going partially on instincts with this one because i'm a brainlet when it comes to tech.

Didn't SETI have a program where they utilized a screen-saver for PCs to process their data for free? This seems like it's just a monetization of the same concept.
Sure the centralized solution is cheaper to run, but you have to consider the cost of doing business (employees, equipment, real estate), whereas using someone's idle PC just needs to bring in more than the power costs.

announcement this week

They have stimerygy right now. Genesis mining and another cloud provider coming online with v2 release ( no name released yet)

maybe these guys. someone else's autism

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Wait this week, a chinese cloud provider incoming

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