As for taxes, the commercial invoice from Ciaratech states each unit costs $608.8 so FedEx in Europe will send you a VAT invoice for that after customs has done their job. It does list "Engineering Samples" but that won't stop customs from googling and finding out the declared value does not match what you paid.
Woops, that seems to be a case of fraud.They had better call customers and customs quick to resolve the issue. This fact surprised me as well, but maybe they just split the value up with this and the following mpp shipments. I would not jump to conclusions. A large company the exports all the time is not going to put the wrong value on a shipment and risk their business. Agreed. We agree on at least this much. I highly doubt this error was from CiaraTech. 1. It could be that Ciara (sp?) is clearing customs in the EU as the importer and in that case using their COST would be correct. If they hired CiaraTech then why would they create their own company for importing their own products to end users? They also signified it was an "Engineering Sample". Plain and simple, it is neither a sample nor a prototype. It is "Merchandise". The email on payment of VAT would be incorrect though, Agreed. it should be on the price paid (but not a big deal, they may not know and the govt will tell you I am sure). I disagree, it is a big deal. VAT in EU countries is usually 20 to 30% of the value of a product. Couple this with the "Engineering Sample" and you pretty much have a clear indication that these packages are trying to avoid tax. CiaraTech placing packages in transit for the EU with a value of 10% to an end user...hmm...not good. That means there is about a 90% VAT left to be paid. On your second point, HF is a new company with a new product. It's not exactly like they are well known. It's not a iPhone. 2. It could be that the amount paid is now divided over all the units you are receiving and you are the importer. In that case, it would be correct. Is there any evidence that they have registered an EU importers license?  3. Or it could just be an error. I see 1 and 2 as more likely. No ongoing concern in business will put false prices on invoices to benefit someone else. It is not worth it.
Agreed. |
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Is it fraud to declare the actual cost of the goods?  Like, if you pay be 1 BTC, I feed half of it into /dev/null and tend the other half to Alice. Alice sends you a product with a declaration of $500. Is that kosher? Are you declaring the commercial value or the BOM [Bill Of Materials] of the product? Which do you think the customs form intends for you to put down? http://en.wikipedia.org/wiki/Bill_of_materialsEdit: And this is all a moot point. Consider for a moment that Ciaratech are experts at shipping. They should DO know better. |
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Are you sure you didn't receive a KNC order? Cause:eh, you are no KNC.....
 That's true... Funny how HashFast_CL is actively reading the forums, but not posting. Last Active: Today at 10:33:03 AM Last Post: December 31, 2013, 08:10:00 PM Since HashFast_CL is regularly online, no doubt he will catch the customs issue and immediately seek to fix the declarations after contacting customs/customers about the error. https://apps.cbp.gov/eallegations/http://www.fedex.com/us/security/prevent-fraud/index.html |
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The only reason I even put money down on BFL was because for nearly a year they were the only bitcoin ASIC manufacturer with anything public you could put money down on. BFL's ASIC was announced summer 2012. Avalon's ASIC September 2012. Am i wrong? But as far as the put money down thing, Avalon didn't take 1st batch orders until Jan 2013. Which filled up damn quick as did batch 2 in Feb (?) and then the full crazy happened by the third. If I recall correctly, Avalon started Batch 1 in September 2012. They hoped to ship first on Feb/March, 2013. Then they were optimistic and changed to Jan, 2013. Then they shipped mostly on their original schedule of Jan through March, 2013. BFL took in orders sometime in June/August 2012. BFL hoped to deliver sometime in October 2012. BFL actually delivered in bulk sometime in July, 2013 through Now, 2014. But as far as the put money down thing, Avalon didn't take 1st batch orders until Jan 2013. Which filled up damn quick as did batch 2 in Feb (?) and then the full crazy happened by the third.
I think you are mixing up your dates: Avalon Batch 1 orders had to be paid either in USD for > 30 unit orders or in BTC in September 2012, when there was not even a chip designed. The actual BTC payment I can see here for my Batch 1 units is 20120924 Further batches were only payable in BTC Batch 2 Wave 1: 20130204 Batch 2 Wave 2: 20130218/19 There are 2 people who did twist Yifu's arm and paid with a wire transfer in January 2013 (he forgot to cancel their standing order) but they only got their machines delivered in May or later, completely screwing them over. A nice bit of Soup Nazi there. That is somewhat false, people were able to pay with USD without having to order 30+ units. Some paid with wiretransfers. Also there was no MPP boards with this shipment. And I have not to pay any taxes, the BJ comes with Fedex
Today I received my units in Brussels shipped out on the 28th of Jan 2014 from Canada. A whole bunch of loose screws, some were missing. Furthermore, there are extra screws like:  I don't know what the washers are for but the black long screw is used for mounting the water cooling fans to the top. In this unit all 8 screws are present so this is a mistake that happened during the assembly. All in all I'm not impressed by the quality of what Ciaratech delivered... As for taxes, the commercial invoice from Ciaratech states each unit costs $608.8 so FedEx in Europe will send you a VAT invoice for that after customs has done their job. It does list "Engineering Samples" but that won't stop customs from googling and finding out the declared value does not match what you paid. They had better call customers and customs quick to resolve the issue. |
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HashFast Update:
We are pleased to announce that due to Black Arrow pushing back their shipping date several months, our customers who ordered Baby Jets and Sierras WILL recognize a higher ROI on their investments.
Our PR firm, LD Johnson & Skropenis, is in constant contact with Taco-Taco on BitcoinTalk, of which we loathe.
Meanwhile, Simon and his lovely wife, Amy, are taking a well-deserved vacation now that most of the miners sold have been delivered.
Not to let the cat outta the bag, but the 14nm chip is almost taped-out, readying for silicon and will act as the core of the Latinum Nonce ASIC for our next generation miners.
Stay tuned.
HashFast Support
lol I'll wait for the Gold Pressed Latinum Nonce chip. |
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Here we are getting ready to tie off another month which is when I make my bi-weekly recordings to track profit and loss on my investments...
So my question to the general public is... (for those of you that have been "consistently" running your bots for measurable periods)... what was your profit for the month of January.
My profit so far for January has been 26.77%.
Butter Bot profits only? Or is that from Alt-Coin Trading as well? |
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Just got back from setting up my 12 Baby Jets. I have Scrypt rigs running in the back. 95Mh/s. I got tired of waiting for HashFast.  Nice setup indeed, but are you sure the mpp units. Which protects you against the evil combo (difficulty raise+late shipping). Will fit in there? I keep asking folks the same question but no one answers this. Even the ones who have received the hardware. |
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Can i ask someone something,
I am a batch 3 customer, order arround 15 november 2013.
They always have promis me that i get the miner mid-late january.
Now they have already changes TOS long way ago , but does this means i can only my refunds back after 31 march? Because at the time i order it, i never read about 31 march as a garanteed delivery?
Have i the rigth to ask my refunds back after 30-31 January like batch 2 customers?
Did batch 2 customers arround here ever tried to get their refunds back in usd after None-delivery after November?
Let me know.
Why don't you serve them a notification that there has been a revision to their TOS? If they can change it willy nilly, perhaps you can too? Edit: If they notify you that you cannot modify the TOS, then you shoot back that under the same reason, neither can they. If they notify you that they otherwise reject your modification of the terms, return their notice to indicate that you likewise reject their revision of the TOS. Lets see how they react to that. |
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And thank you for bringing your stellar contribution to the discussion  . Hey, you're free to waste your time arguing idiotic semantics if you want. But by the same token, the rest of us are free to point and laugh at you for being pedantic dipshits. BCP, please stop creating extra accounts at BitCoinTalk. Thanks. |
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I have been away for a few days... and I come back and find a preview for a custom date range in backtesting! Holy $*iT!!
I can't love that enough...
and then my heart just sinks because I have been reading all these posts here and while I am not going to call out any names... I am gonna suggest that if you really don't know what you're doing... save yourself the lost money, heartache and just forward your coins to my addresses... thanks! I will look after them for you.
BTW... I have had some decent results perfecting my TSL only strategy but then I got totally sidetracked by dogecoin trading on cryptsy! And I must say... I can see some REAL potential for butter-bot upgrades to incorporate alt-coin arbitrage with BTC...
I have made some nice profits the last few days in this suck ass sideways market!
hopefully we will see some good things in these upcoming updates.
You too, heh?  |
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So is this the company that put in the million dollar order a couple months back?
Ah, if so, then they will make their money back by selling shares (Gh/s) to utter suckers. Brilliant...in a retard sort of way. |
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40$ a Gigahash? That is crazy expensive. All other companies are selling Hashing power at around 3 to 7 dollars per GH/s. Why would anyone buy into this? NimbusMiner hardware is provided from either off the shelf 65nm products or from NimbusMiner's own 28nm hardware as it comes into service from it's own pre-ordered purchases of Monarch chip production. Ah, they are still using 65nm gen 1 products....no wonder it is so expensive. Definitely not worth the money. Not by a longshot. |
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Hi there ,  Today lost my Fan Helder (JALAPENO) , I tried to tight it (It was abit loose) , And I was panicking that time And used the electric Screw Driver... Result? Pop! Is there anyways I can return / Get a repair? Also I bought this on Ebay , So I can't do RMA? (Its was 12Gh/s too )  If you can't get an RMA via BFL then it means all BFL hardware sold on Ebay is effectively without warranty. |
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In that first pic I thought it was half bong pipe and half GPU. lulz. I need more coffee!
Give them time and it will be. Since bongs are now legal in some areas I suppose the excess heat by those ASIC's (in theory) will be powering your latest bong hit. |
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Man WTF. I paid for the most expensive shipping when I bought the BJ's.. I think it was UPS Overnight AM. Wtf.. 4 days.
I bet they're not even gonna refund me the extra shipping I paid for..
They will, just bring it up. UPS Overnight AM is next day. Not in 4 days. There is definetly an error. Make sure to get a bit of coin back. |
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400 GH will probably only earn around 5 BTC mining nonstop from now until it is no longer viable.
That assumes a perpetual exponential rise in difficulty of about 80%, which isn't sustainable. E.g. by the end of the year, ASIC companies would have to ship 5000ph of mining power per month, or the equivalent of 4 million KNC Neptunes. There isn't another leapfrog in technology available like there was from GPU to ASIC. Never doubt that the mining community will find a way. I would suggest the future is going to be hosted mining farms. With end users having to pay for pre-purchased slots for computing power. The next gold rush are miners who have colocation contracts that can handle at least 25 miners. The pre-purchased slots (like version 2 of Pre-Order schemes) will pay for the entire farm long before it pays for the slot. |
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I don't think 'sponsor' is the correct term. They are resellers of BFL products. If BFL can't deliver to TigerDirect than the store will only show 'out of stock' ... big deal. My guess tigerdirect gets their devices slightly less delayed than normal bfl customers. Either way the only outcome will be many people ripped off (tiger direct and its customers) and a shitload of return/refunds. Ripped off? How? TigerDirect will make an order for BFL products. When they arrive it gets put into the store. If they don't ever arrive, they never make it to the store to sell in the first place. And if there are returns from customers, TigerDirect will just return the item to BFL. Do you honestly think TigerDirect takes the hit for all the products returned? really? One does not simply return an item to BFL. no, YOU don't simply return an item to BFL. Ok so you are telling me tigerdirect is going to order a bunch of monarchs and should they not be able to sell them, get a refund? BFL's business model does not allow for this. Tigerdirect will end up with a bunch of useless paperweights like everyone else while supporting a company that has scammed like half the bitcoin community. Exactly,  Let Inaba experience the panic for you. Just watch this old tiger and the leopard who can't change his ole spots. |
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Now you will just have someone to complain to if they don't ship immediately. What? No refunds? Call TigerDirect. Delist. End of Story. |
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i find it a joke that these are still going to be used for PCI-e ports. they will be far too massive, and it makes no sense in comparison to just using USB and having them external like the previous gear
They don't look much bigger to me than the ATI reference design for the R9 two slot video cards are quite common. Have your eyes checked. Specifically, before you go out on the road today with a 1 ton vehicle hurtling at 50mph+. |
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we’ve delivered on our promise Some balls... Did they hire Inaba?Aha 'Additional Resources'! |
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is it good for BTC or will it bring TigerDirect down to the ground!
