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1  Bitcoin / Legal / Re: What, specifically, does "engaged as a business" mean? on: September 17, 2013, 02:34:44 PM
Thanks for all the replies.

I'm not a business, nor do I intend to become one. It was more of an academic question for something that I've written and is being questioned by an editor. My statement, effectively, is that FinCEN left ambiguity for Bitcoin (and analogous e-currencies) by not defining "engaged as a business." Essentially, where would we draw the line for small and/or infrequent transfers, and where might that trend go toward.

My research tended to support the fact that there was no exact definition of "engaged as a business"; however, my editor thought that someone, somewhere, must have assigned a definition, or at least a factor test, to "engaged as a business" or at least "business" generally. Your replies, at least, seem to validate my research and opinion.

A few other interesting notes, although not quite on point:
"A natural person who engages in an activity identified in paragraphs (ff)(1) through (ff)(5) of this section on an infrequent basis and not for gain or profit." 31 C.F.R. 1010.100.

"Trade or business. The term trade or business has the same meaning as under section 162 of title 26, United States Code." 31 C.F.R. § 1010.330.

"For purposes of paragraph (f)(1)(iv) of this section, a person is not “engaged in the business” of a dealer in foreign exchange or a money transmitter if such transactions are merely incidental to the person's business." 31 C.F.R. § 1010.605.

"“financial institution” means—
(Y) any business or agency which engages in any activity which the Secretary of the Treasury determines, by regulation, to be an activity which is similar to, related to, or a substitute for any activity in which any business described in this paragraph is authorized to engage; or
(Z) any other business designated by the Secretary whose cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters." 31 U.S.C. § 5312.
2  Bitcoin / Legal / What, specifically, does "engaged as a business" mean? on: September 12, 2013, 07:58:05 PM
Hello all,

I've been trying in vain to figure out what the recent FinCEN ruling specifically means by the phrase "engaged as a business." See the definitions section for user/exchanger/administrator at http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html. Patrick Murch of the Bitcoin Foundation notes this lack of explanation in his critique of the FinCEN guidance ("Left unsaid are any specifics around the facts and circumstances that would constitute 'engaging as a business.'") See https://bitcoinfoundation.org/blog/?p=152.

I'm trying to specifically figure out what the guidance means with this clause. I've tried to find reference in past guidance and rulings, along with statutory materials, but I've come up blank. I even went through a decent amount of treasury regulations to see if I could find anything, also yielding nothing. I then tried to find a definition of "business" in general, and the closest I could find was a Hawaii state statute effectively saying "any exchange of value, except for casual transactions." Obviously, however, this is only a state statute, and what constitutes a "casual transaction" is rather grey as well.

Can anyone give me some idea of where FinCEN is pulling this clause from? They manage to define other terms, but completely fail to define this. I can't tell if they think "business" is just an obvious term (perhaps FinCEN is using Stewart's obscenity standard of "I know it when I see it...") or if they actually have a source term.

Thanks in advance!

TL;DR -- What does FinCEN mean by "engaged as a business"?
3  Other / Beginners & Help / Re: Just got a 7770, how to downclock video memory in windows? on: July 17, 2012, 02:11:38 PM
Try, with CGMiner, --gpu-engine XXX --gpu-memclock XXX flags to set your Core clock and RAM clock (change the XXX's to your respective clocks obviously). Set your memory at 150MHz less than your Core clock.

Alternatively, --gpu-memdiff -150 will set the RAM clock 150MHz lower than the Core clock.

I prefer the first method because I can set exactly where I want the Core to be at. Also, to get a good CGMiner.conf file, set you flags in the command line to start CGMiner and then press "s" for settings, then "w" to write out the file, and press "enter" to confirm writing. That will give you a clean and correct format .conf file to use with command "CGMiner.exe -c cgminer.conf"

On the GUI front, I find MSI Afterburner will work sometimes when Sapphire Trixx is not working right.
4  Other / Beginners & Help / Re: Miner Help on: July 17, 2012, 02:03:37 PM
*bump*
Seriously? No one has mixed 6 and 7 series AMD cards?
5  Other / Beginners & Help / Miner Help on: July 14, 2012, 12:06:09 AM
Well, this is probably better for a miner discussion, but as I'm locked into this forum...

Setup:
Win7 x64 machine with 2x6950 and 1x7970 on a Intel DQ67SW
-6950 in the x16 slot. 930core,805ram.
-6950 in the x4 slot via a x16-x1 connector. 930core,805ram.
-7970 to the x1 slot via x16-x1 connector. 1150core,1000ram.
Everything is stable as far as electrical.

I've successfully run several miners (CGminer, Diablo, Bitminter, etc.) and keep getting different hash rates. My highest right now is with DiabloMiner @ 1439MH/s. I can get around 1400MH/s on Bitminter, and my highest in CGminer was 1430 from phatk,phatk,diablo. My current SDK is 2.6 due to the 7970, but I was getting upwards of 400MH/s from the 6950s (only around 360 now) before upgrading to 2.6.

I understand finding the correct miner is all trial and error, but I feel like I'm doing something wrong here. I assume I have to use 2.6 for the 7970, but can I somehow get those 6950 to give me back those 80MH/s? If so, is there a guide to install them in parallel (I've searched but can't find one)?

Basically, anyone who's mixed 6- and 7-series AMD cards, what've you found to be the best setup?

Thanks in advance!
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