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Let's Build a Chip with Math

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Re: Let's Build a Chip with Math

#2
It might be interesting to compare with the math for some of the earlier working bitcoin ASIC miner chips. Those are obviously much, much, simpler, but could represent a realistic low end.

Re: Let's Build a Chip with Math

#5
post #3

I’m surprised by the level of comp, is that correct $300k+? I assume that’s not all salary?

From my experience in budgeting, the cost of an employee for this kind of technical enterprise is about double their salary. That includes employment taxes, benefits, and employee-specific overhead (laptops, office space, licenses, etc.).

Re: Let's Build a Chip with Math

#6
post #3

I’m surprised by the level of comp, is that correct $300k+? I assume that’s not all salary?

I’ve been an asic designer for a very long time, I’ve never seen anyone make close to those numbers in salary.

Does that mean they don’t exist? Are the FAANG chip makers paying a lot more for engineering than in the asics space? Genuine questions, I have a growing interest in this (vast) space.

Re: Let's Build a Chip with Math

#7
post #3

I’m surprised by the level of comp, is that correct $300k+? I assume that’s not all salary?

I’ve been an asic designer for a very long time, I’ve never seen anyone make close to those numbers in salary.

Salary != fully loaded cost to the company. Just the company paid portion of income taxes can add another 15% alone easily. Then you have health insurance, office space, perks, etc and you can easily get in the range of 1.5 - 2x the salary.

Re: Let's Build a Chip with Math

#8
post #7

Earlier quoted context omitted.

I’ve been an asic designer for a very long time, I’ve never seen anyone make close to those numbers in salary.

Salary != fully loaded cost to the company. Just the company paid portion of income taxes can add another 15% alone easily. Then you have health insurance, office space, perks, etc and you can easily get in the range of 1.5 - 2x the salary.

What you're saying isn't wrong, but my impression is that software devs make more than hardware designers.

Re: Let's Build a Chip with Math

#9
post #6

Earlier quoted context omitted.

I’ve been an asic designer for a very long time, I’ve never seen anyone make close to those numbers in salary.

Does that mean they don’t exist? Are the FAANG chip makers paying a lot more for engineering than in the asics space? Genuine questions, I have a growing interest in this (vast) space.

Yes. They are wealthy companies and pay well.

Re: Let's Build a Chip with Math

#10
post #6

Earlier quoted context omitted.

I’ve been an asic designer for a very long time, I’ve never seen anyone make close to those numbers in salary.

Does that mean they don’t exist? Are the FAANG chip makers paying a lot more for engineering than in the asics space? Genuine questions, I have a growing interest in this (vast) space.

Definitely more than Apple and Intel, Google hires and pays for superior intellect. Only place that might pay better is specialized telco hardware engineers in finance (but that’s not of the same magnitude as modems or TPUs)
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