Might also want to say where your pool is located... (Mining in a pool in China or Europe, from the USA will result in blocks not being "found" and then "distributed/accepted", fast enough. Just for example. Though shares will be accepted all the same.)

It is always best to mine on a node that is close to you, for that faster response and better chance that your block is accepted by other close nodes, faster than submitting to a place with 1-5 seconds of buffered connection throughput, going through multiple network hubs and trunk-line intersections.

Bonus if you have multiple nodes in multiple locations. (Countries) Not just multiple IP's (access points pointing back to your other country)... Actual connected hardware.

P.S. Nice growth-spurt again... from 150K Diff to 244K Diff (3.72314453125 difficulty)

Thieves/Crooks/Launderers won't call... (Unless they are dumb) Also helps narrow-down the potential thieves.

Dead people won't call...

Forgotten accounts won't call...

Fake/duplicate accounts only call once...

Calling is for verifying-claims, and most-likely being handled by the "bankruptcy investigation department", not Gox themselves. This is part of the investigation to determine "actual losses". Plus, for those who had funds and BTC added "after" losses had stopped. (You essentially just get an instant return.)

Nice steady growth again...

Hash-rate difficulty-adjustment jumped-up to 177K (2.7008056640625 Diff)

Still worthy to solo-mine with 3MHs or higher, but getting harder by the day.

Block 10292, Time 8:35PM (GMT -5), 18 nodes connected.
(Roughly only 16% rejects with a 64-workload size. Might be less for those with 256-workloads)

We gotta coin that term... UBF (Ugly but functional)... Not to be confused with BUF (Butt-ugly and functional)

New rating standard...
MINT, OK, UBF, BUF, WTF (Wanted To Function)

And where-else would the refund have come from.. since the money they wanted back was already spent on the hardware they asked them to build? (It would have come from the next person ordering a unit anyways. That is the same thing.)

However, a better business-plan, usually done by a larger company, would have gone as follows...
1: Place pre-orders (About 10% of expected hardware costs, not MSRP price.)
2: Collect pre-order money in a designated account, untouched. (For refunding)
3: Show loan-agent or business-investor, the "held funds", to justify a loan for building machines.
4: Build machines with "loaned money", and update that "miners are ready to ship". (When they are days away from being ready. This, to allow for delayed payment confirmations to go through.)
5: Pre-paid orders now accept the remainder of the payment-due. (Goes directly to pay-off loan.)
6: Items get shipped...
7: Word of mouth spreads... People buy more miners...
8: Participation in public forums, assisting those having trouble, or doubts.
9: Change status to "pre-order, full payment down"
10: Continue without loans...
11: Ship and retire...



Though, no ASIC miner that I know of, to date, has operated in that order... (Legitimate or not.)

I have seen some "group-buys" operate in a similar way to the above. Some have failed, some have thrived, some were just scams. (The scams never actually ordered anything. The failures ordered things that just became useless once ordered. lol, all those USB-stick miners, for instance.)

Would have been nice to order from a place that operated that way. But I have yet to find one that does. Nor did I expect this operation to go that way. I got exactly what I expected. (Still better than BFL, and on-par with KNC and CoinCraft.)

The miners are not quite "due" for a refund yet. They are acting within legal guidelines. You are right, they can't "refuse a refund", once one is legally due and justified. However, they can refuse to refund the money that they spent on hardware, on your behalf, that you requested of them... Or give you the unassembled miner and just say, screw it, you build it. Since you want your assets before they were assembled. (That would be ass of them to do, but completely legal.) (I would actually do that, if you gave me money to build you something, then started bitching before it was built. That is why I don't even attempt to run an assembly business, and listen to customers.)

If the delays were not legitimate, (which only a judge can decide), then you would absolutely be correct. Your refunds would have been due 30-days after the expected "delivery arrival"... (They might be cutting it close to legal issues, not actually posting the delays on the website. But, they have proof of mentioning the delays to us, following them on the forums. Which is not all the customers they have.)

I want this to just be over with... (with either money or miner in hand)... So I can review it, dissect it, and post it. As for the rest of the business-end... I'll just let standard public opinion of others, over-rule my own thoughts. Phin will take care of the rest, I am sure.

Ok... I think I got it...

Joshua Zipkin (Harrison Zipkin's son) Is ONE founder...
The other founder? Jim is friends with Harrison, thus making him a family friend. (To Jim)

Though, it is still an assumption that the Harrison mentioned, is "Harrison Zipkin", but through logical assumption by some of the description, it seems to be him. (He is over 60 now, I believe, no? I didn't see "old man" listed in the description of Harrison.)

So they had an office, obviously used for past things, which is "now" used as the staging area for sales. (As it was a staging area for sales for the other years, for prior business. So what.)

While securing chips and designs from Bitmine.ch (Which has been confirmed by Bitmine.ch, marking them as the ONLY USA distributer), they also designed their own board.

While building the miners, and realizing they obviously fell short of initial estimations for delivery, they ran into another delay trying to give us MORE, as they promised. However, that involved more than just throwing-in another board. Causing another additional design to extend the connection board and also the computer-case.

In all of this "trying to get the miners built as fast as possible", they have overlooked some details on the website, horribly estimated base specs that were non-conforming to "overall-consumption", and updated the historic news after it happened.

All this while battling trolls and assholes, who do nothing other than constantly bash AMT because of the poor choice they made, buying a known "pre order" for a device which "was not 100% known", and was "pure knowledgeable estimations", and was "100% of a risk to invest in"... Just like everyone-else had invested. But, due to buyers remorse and realization of bad choices, they now want the funds back. Funds which were freely given to the above stated realizations. (Funds deposited to "build custom hardware", which was used or being used to "build the custom hardware" that they requested.)

Demands were asked for more information, which were followed with more information. But not the information desired. When they ran into a hiccup, they came back again, giving us more information, about the shortcomings. Which wasn't what we desired to hear, but added more progress knowledge of the issue we asked to hear about.

As a business, they are getting personal, but again, as I keep getting hammered for saying... They are not microsoft or some big business. They are a small start-up, trying to deal on a personal level with us, and being personally attacked. Sorry, but if I call the guy at the gas-station some derogatory comment, I could understand him calling me one back. Just as I accept all the names Phin calls me, in this public forum. (I am sure I am deserving on some level, and like I said, I hold those names like a trophy. I am not here to please my peers, or to kiss AMT's ass. I am here for the purpose of finding out, from them, what the situation is, as they build my miner.)

Sure, I would have loved to have it when it was first estimated for delivery, at the estimated specs. Still, to date, no miner has ever matched estimated specs. So I was damn well aware of what I was getting into. For the price, it is still one of the best miners to have purchased. (Well over any other miners that are offered. Even by them.)

If this goes on much longer, this will be at the point of "beyond all expectations", and I will get my funds back. But until that point, it is still within my expectations. I don't see them attacking innocent customers. I do see them horribly defending themselves, which they just shouldn't even try to do, at this point. (Which I am sure they have stopped, because they are racking-up sales from all the ads I see running in other locations.)

Take your actual issues to official channels. Otherwise it just looks like you are actually helping them. This forum is hardly the "center of the bitcoin world, it is more like the rough-edge". (Looking at the list of actual members and members stats. No wonder so few return, after joining. This has got to be the most screwed-up community support ever. Makes bitcoin itself look like a horrible investment, if this was the first place I saw, related to bitcoins.)

The purpose for filing bankruptcy protection is to STOP you from suing, and winning. So you don't put US at losses, taking our chunk of the losses, which have not even been distributed yet.

This is similar to a "chapter 11" filing, in japan... It does not make it so Gox owes nothing... it simply give Gox the chance to "make up the losses". This is not the type of bankruptcy you sue for, to get things back.

You do realize your coins will not be valued at todays prices, but at the price at which you deposited them, or obtained them. You will not be getting back an equal amount of BTC if you sue, only asset value. However, if you just wait... And let the investigation continue, allowing Gox to get back up and running, or sell... then you will be compensated for your BTC-BTC funds. Not to mention all the fees of the lawyer. (Or the taxes before you can actually get your asset-value, if you had not claimed them as long-term holdings, in an over-seas exchange.)

Good luck with that.

On a personal level, who you purchased from is irrelevant. However, as a precaution, if your purchases do total over $10,000 you should have some form of "receipt proof", with some form of simple ID to match.

If you operate as a business.. then it may or may-not matter who you purchase from, under $10,000. (May)

Your purchase on localbitcoins, through wire, is responsibility of localbitcoins, not you. You did not initiate a personal 1on1 transaction, the service "localbitcoins" has provided the "contact", and recorded what they should be recording as some form of identity. (Since they "facilitated the exchange".)

However, keep note of those BTC values when you purchased them. Because when you sell them, you have to deduct the price you paid from your "final sale price", which is your "NET" which is a taxable gain. (If you claim that income.)

Also, knowing what you paid for those, will help you determine the price to sell them for, or the price at which you need to buy more, to hedge your losses. (Eg, buying 1 at $1000/BTC, tehn buying 1 more at $500/BTC, now you have hedged the loss, making the average for the two $750/BTC, and thus, you would be gaining if you sold both those at $800/BTC now. With a taxable net gain. Unless you only sell one for $800, then you could claim a $200 loss, as you would rightfully have sold the highest debt first, for that loss claim. Unless you wanted to claim taxable gains by saying the $500 coin was sold for $800.. but that would not be as wise. )

All those were you... In all those states... Ok...

Oh, and you are collecting funds for breast-cancer... in BTC... Smells like a scam... Show me the donation records... (Kidding, I don't even want to know.)

Keep up the good work. It is helping us get our miners faster, and aiding sooo many forum members make an informed decision. Too bad the forum is not the primary source of sales for AMT's miners. But keep fighting the good fight.

Need sleep again.

Since you are in Florida, I'll go say hi to your clone here. (Or split personality, whatever it is that lives here.)

I just showed you about 14 of them! Did you completely miss the links?

You can save the sucking for yourself...

lol, spews 95% crap... Completely brushes over the presented facts... You should be president of the united-states! You and Obama have a lot in common. Actually, you are sounding more like Bush Jr at the moment.

So, where is the lie about the office... AMT was just started this year... he had the office for years, because he lived right across the street (well, close to it)... and "It is used as the office for AMT"... (Now)... He didn't say he just got the office. He said that is what it is now.

When one business fails, you move on... Still not seeing the issue there. You don't keep riding a dead horse, you bury it. Well, apparently you ride dead horses all day long.

I said YOUR fake deaths... (YOU said there was only one YOU. But there were 18 listed deaths with that name. I said ONE must have been your father. Since you said "you were the only one with that name"... unless the other names were his fake deaths, but only one was real. Learn to read... your investigations might go better...)


Sooo... You are saying that... because they are having issues... they are frauds?

Even though they have sold and delivered all of the other miners...
Even though they have the stuff shipped to them, by the people who admitted to having shipped it to them...
Even though they showed an assembled miner, obviously made with the shipped parts...
Even though they "updated us" as we asked... (Though not what we wanted to hear)...
Even though they are making provisions for the "bonus hashing-power"...
Even though they have obviously switched case-designs for the "bonus hashing power"...
Even though they stated that they are considering sending without the "bonus", to honor the corrected updated shipping schedule...

But, have just not put it in someones hands yet... (Or shown us a working unit. )

But oh, they lied... Well, Oh, so did you... Mr, 100% "since my dad died, no-one has my name".

So they suck at estimates, they suck at waiting for others to deliver stuff to them, they suck at customer service with disgruntled people, and they have a history that you find odd.

I'm not looking to date them, or invite them over for dinner... I am just waiting, like everyone-else, for them to deliver the miner. Which looks to be getting back on track from all the delays. Which don't seem like unreasonable delays.

You made your point... and at this point you are just harassing us, not them.

Now I understand the pink... Should keep that tutu and dog-collar/leash on... they were pink... you would be more calm.

Yup, 100% Unique...

White-pages... 3 listings...
http://www.whitepages.com/name/Bruno-Kucinskas

These your photos?
http://www.whitepages.com/name/Bruno-Kucinskas

14 listings here in the USA alone...
http://www.spokeo.com/Bruno+Kucinskas

Another handful of 2,546 Unique names here.. any look familiar to you?
(Not all 2,546 are exact matches)
http://search.ancestry.com/

That was all just on page one of google-search... of about About 60,200 results for that name

I know.. they are all you... "You just travel a lot, and move around"....
Not sure about all the fake deaths though... You died a lot. (One must be your father, sorry about that loss. But apparently the rest are you... such a unique name.)

What the hell are taxes?

I put tax on my teachers chair once... She screamed when she sat down.

Contact consumer rights...

In essence, they are attempting to say that you purchased X-credits, worth X-BTCvalue. Even if that is the case, you should still be able to get a refund. (If credit, then they are not "holding your BTC", you just paid for lots of credit. Like buying prepaid rentals to net-flicks for $20... if you only spend $1, they don't normally give you back $19, because you need it. You purchased $20 of credit for rentals.)

However, they can not hold "overpayments" without a contract. Even if they claim that they can. Under "consumer protections", (well, if you live in the USA), you are entitled to all unspent balances upon closure of accounts for services, except where there is notable expenses that still need coverage. (Like cell-phone service where you actually are paying for service and that actual phone-cost which they make to look like it cost you only $0.99 for the phone.)

If you are unhappy with the service, and that specific feature of "funds-locking". You can further report them to the BBB and to "Consumer Reports", and the "Consumer protection claims department".

Though, they are not a bank... A singular request for overpayment is not out of reason. If this has been a reoccurring event, they might be able to "remind you of that", but they would still have to return your unspent funds, then considered closing your account, losing you as a customer.

Ask to speak to a supervisor, and if that does not work, then file the claim, and give them a copy to the filed claim.

Be clear on your issue, and be sure to include any information which will help them, to help you get the situation resolved. Beyond that, you would have to take them to small-claims-court, which I doubt they would show for, and you would instantly win, and they would be ordered by the judge to return the funds.

If you get nowhere with this.. you could always just sell domains, for BTC, and do the registration, and transfers yourself. Turn that 4BTC into 40BTC

Nice, that's a start... Something to give us early guys a slight advantage to our hoarding!

If you didn't get it.. it wasn't "IN COME"... If it was in a bank, and obtainable (in your pocket), then it was income, at that point. Otherwise, it would have been savings, or long-term holdings of assets. (Gox was essentially a "promise to pay", but one which "could not have been realized", so not income.)

What was the value of BTC at the time you obtained it... (What did you buy it for, or what did it cost you to produce it?) Also, was that $2000 from a trade, or deposited?

That is sort-of untrue...

You would have had to actually "sold BTC" for that price, and also, still have held that value in cash, at the time of closure.

As asset-value, the price at any time is irrelevant. It is the price at which it was "earned", or "deposited" if you can't provide proof of when you first obtained or "earned" it.

In the end, accounting for "losses and gains", your NET worth, would have had to been over $10,000 and also have been "withdrawn to cash", or "realized", before that form was required. Also, if you are not a business, you need the personal version, not the business version.

One coin selling a $1,000,000 does not make all assets (BTC) of that value. Unless you only had one coin, and the one coin sold for that value, was yours... and you got the coin for free... and all $1,000,000 was "income". Than that is your "asset value". However, not being withdrawn, thus the reason for filing, it has not been "realized". Because no-one has actually given you that money. (If gox didn't have that money, for instance, or the BTC, then it would never be "realized".)

By the way... you don't have to sue to get your money back. As customers, you just have to ask for it back, when they release the help-line and other contact information. That will be managed by the bankruptcy department, if they approve his filing for bankruptcy protection, and decide to seize his assets, or manage his redistribution, until they allow him to continue to operate, or sell, to make the remainder of losses back. Once they actually determine who lost what, and what the actual losses were.

I like showing my privates...

Oh... Private keys! NVM

No, it doesn't, go away... all these coins are mine... Mine I tell you.... Mine!

Welcome!

I think the malleability is only part of it.. and that is what led them to discover the rest of the "issues"...

Someone is shaking in their boots, and may attempt to disappear from gox soon.. but I doubt it is K himself.

However, They said only like $8 million in USD was locked-up in assets, through seizure. (That is irrelevant to us anyways, as it is only locked-up for suspicion of being part of laundering.)

Still waiting for the help-lines to open, so we can file our claims. That information was still pending, once the investigation is complete.

No more stories now... It is in the Govt's hands... They are not going to lie. They have no reason to lie for Gox. He is just another business, that got screwed.

Customers still have protections... Even in Japan.

He will most-likely have a chance to earn it all back. That is why they had to do a strategic filing for bankruptcy protection. It is what businesses do, to continue to operate, or sell, or get external investigations for free.

I hope an American business picks it up for a nice discounted sale-price... Bring it closer to home. Would be a nice turn-key operation, once the holes are patched. Throw in some legal regulation and get 40x the customer base, and trade-volume and income. Best return investment ever. Better than buying a bunch of miners to farm, and cheaper.