Earlier quoted context omitted.
I'll keep trying to explain it to you: you cannot take the square of a price. If my Yuan exchange rate example didn't convince you, let's have a few thoughts experiments: - let say you can do can do some amount of work for less than $1 (maybe even factoring a 512 bits number) let's call that amount of work X, and you do it for say $0.9. Do you think you can do X² work for price^2, which is $0.81 ? Yes, much more work…
every time you double the number of bits, you increase the search space by the square of what came before 2^16 = 65536 2^32 = 4294967296 4294967296/65536 = 65536 so if a search space of 65536 costs you $8, then a search space of 4294967296 = 65536 x 65536 = 8 x 8 = 8^2 = $64 2^64 = 1.844674e+19 1.844674e+19/4294967296 = 4294967296 so a search space of 1.844674e+19 = 4294967296 x 4294967296 = 65536 x 65536 x 65536 x 6…
So close, yet so far: the correct answer here is “65536 x 8 = $525k”, not “8x8 = $64”. If a $8 worth of hard drive can store 65536, then to store 4294967296 you need 65536 of such drives, not 8…
Man this is really embarrassing.