I don't think it is 100% the same. There must be something different somewhere. On BFGMiner with the current driver the current hash rate is show at half the speed it is running at. On the same hand the effective speed shows up properly. I have tried it on 2 different systems with the same results. On cgminer it for the most part shows up properly but drops the pool connections frequently. I will keep you posted as I finish my tests. The unit itself runs nice and cool as well as fast. It has been a great miner so far. Once the driver situations are cleared up the skies the limit with this little beast. I really like it. I apologize if I missed it, but did you say if it would be supported by cgminer? Where did you see the pricing? I must have looked over it.
The protocol is exactly the same as for the bi*fury devices (and also the same for the One String Miner), so cgminer already supports them. First post has been updated with prices, by the way.
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It is good to see they are going again.
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Does this have anything to do with the hack you experienced? Some of the Bot's are great at keylogging. My investment company has just partnered with a amazing trading bot and here it is free for everyone. Let us know what you think, we might make a premium bot later, also you can win coins daily by using the free trading bot on top of the profits!
malware link removed
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I enjoyed it very much. Thanks again. I wish I lived in Finland and could go. Hopefully someone will step up and go. It's not often you can get to see testing live. Thank you for the interview and kind words Scott.
In other issues, is there anyone interested in checking out our beta miners in Helsinki? If a hero or senior member from bitcointalk lives in Finland, it would be very nice if you could come by and check our miners. We will have cookies and coffee for you! PM us for details, thanks in advance.
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Any news on when you will be back up?
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Great Job Cablez!!
So far I have purchased 3 rocker ATX switches and one custom ATX to Jalapeno cord. All are working great and the build quality is excellent.
Thanks again Cablez.
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Have you found any evidence of this on the Dragon Miners?? I have been hearing rumors that it is true and even one vendor is looking into it because they are worried the factory was doing just that. The IP should be displayed on lcd on the front of the miner. Enter the ip address in your browser. This should bring up the web interface. Change the network information and click the green button. Change the pool information and click the red button. I had to clicked the buttons a couple of times to get it to take. I would not trust any pre-installed software. decoding compiled code could yield the discovery that every 1 out of 100th has went to some strange stratum you did not enter.... hmmmm. it's why I'd run an ip sniffer in front of it or just a firewall that only permits connections to know sources. I found a bunch of odd connections even on my gridseeds that I blocked.
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I see now. Could be worse remember at least you are able to make sales still in the meantime. Are you able to use Coinbase? They have a simple a quick cart setup for BTC payments on websites. I hope it helps. Hi Guys, Review units have been delivered. Independent reviews will follow soon Also I'm going to update the webstore at the weekend with some special offers so please check the thread for update. I still can't take BTC payments through my webstore so if you want to pay in BTC then please PM me with your order and I will send you payment details. It will get automated as soon as I find a solution. Cheers, LordTheron Yes I've looked at it and have merchant account but it doesn't integrate with my cart software, and that is the problem. I can send payment requests directly from Coinbase but all has to be processes manually. The cart I'm using now is very nice but no one is making BTC plugins so best option is to move my store to a new cart. I got one couple days ago and rebuilding my store as I write this. Old webstore is working as it was and will be until new store is fully setup and domain repointed. All account will be migrated and all users will be notified. I hope to have it fully up and running by the end of next week.
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Excellent find. Thanks for the info. It really is a moving target right now as to what it the right or wrong way to go. Once added benefit would be huge farms may shut down or move for a while spreading the wealth to the smaller miners who do not get much as they cannot compete with the large farms. Interesting article here: http://www.coindesk.com/irs-bitcoin-tax-guidelines-mean/Excerpts: "Dave Carlson, a US entrepreneur who runs a mining operation that earned almost $8m a month in revenue when bitcoin was at its peak, says that this could spell trouble for miners. 'The implications of the new IRS tax guidance will be a major factor for those US miners who didn’t anticipate it and are already on the edge of profit. A capital gains tax on all coins mined could drive mining revenue below cost of power for many, forcing them to shut down,' he says. ”Pool operators will have to issue 1099s to all their US contributors, which will drive pool fees higher."Above is somewhat a different angle on what my concern is. I'm mostly concerned with the projected losses for 2014, having no clue if BTC is headed higher or lower my profit or loss is entirely related to the market price of BTC, and showing a big loss has risks that I'd rather avoid. "At least one miner has a strategy to get around the taxing of bitcoin when mined, though. Yana Kesler, a certified public accountant from Philadelphia, purchased a $7,200 mining rig last year, and had it hosted in Europe. 'When you mine yourself you are the producer. When you ask someone else to mine for you, that’s your investment,' Kesler says. She calculates the basis value of her coins as zero, but says that she does declare capital gains when she sells the coins."This is similar to what my CPA had mentioned, I think... But as I said before we aren't done figuring it all out, but I did mention the pool I mine through is in Europe, which might have something to do with this approach. The rules establish a playing field, but there might be creative ways to handle some finer points related to expenses and revenue recognition without going out of bounds. The IRS guidance makes a lot of sense for solo-mining operations, but for a guy mining out of his apartment with a pool it seems a bit like a broken set of rules.
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Yes I do. https://bitcointalk.org/index.php?topic=86854.0This is the main one and any other links are contained in it as well. I hope it helps. Happy Mining. AJ you should also add Nasty Mining's Nasty Pool to the list of P2Pools. It is a P2Pool and has Nasty Mining and OgNasty behind it as well as nonnakip. Very solid and they are doing alot with it.
added, got links to their threads?
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Yes I am always. Freedom and helping others is worth fighting for. Do yo think others are ready to work and fight for these things? You know your "I know nothing" only makes them more interested in you right? I know too much already. Do you think I might be in danger? EDIT: Dear Gov. "I know nothing"....I'm just having fun. Them wasting time on me gives you more freedom to fight the good fight. Are you dedicated and ready?
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It is a good way to bring attention to the issue though. Once it has then real progress can be made as the community as a whole can get behind it. I guess this is worth trying.
Not sure what will come of it. Petitions are not the way to affect change.
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You are correct on that point for sure. It will drag Bitcoin a bit more into the mainstream. I just hope it can be made a less nightmarish mess of paperwork than it is set to be now. It is good for Bitcoin, but maybe will be more troublesome in operation.
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AJ you should also add Nasty Mining's Nasty Pool to the list of P2Pools. It is a P2Pool and has Nasty Mining and OgNasty behind it as well as nonnakip. Very solid and they are doing alot with it.
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You know your "I know nothing" only makes them more interested in you right? I know too much already. Do you think I might be in danger? EDIT: Dear Gov. "I know nothing"....I'm just having fun.
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They choose the way that suit their lies the best. Didn't you know this already? The USD value is already low. Will it go a lot lower?
Do politicians usually chose the easy way or the hard way?
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With miner hardware and electricity costs some people make big losses they can deduct that is for sure. When you pool mine BTC for profit you should have your coins transferred to an exchange where they can be traded for USD. You have never owned those coins, the blockchain will confirm that they were never in your possession, and a reasonable argument could be made to eliminate capital gains tax because of the ownership.
Don't send coins to your private address from the mining pool; trade them for USD, then buy BTC with USD and spend the newest hashes first... Capital gains on miners is greater than regular income. This should be sufficient to claim it was regular income.
You are still misunderstanding the process. Without your documentation of your mining operation, the government see that you had unexplained funds transferred to your bank account. They will want to tax all of it at the regular income tax rate. If you want to lessen your tax liability, you would document your expenses in your mining operation to deduct it from gross income, and if you held onto the profits for more than a year, you would document the gains from your holdings at a lower capital gains rate, which is how Warren Buffet and Mitt Romney pay lower tax rates than the average American. If you hypothetically wanted to evade taxes and break the law, you would find methods that don't trigger a report to the IRS.
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