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isoneguy
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November 11, 2016, 04:18:53 PM |
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Ah, I usually edit out most of the quotes but I'm lazy yesterday. The key to building a mining farm is to not pay high power rates. If you can't get less than .05$/kwh then you might have to wait for the next halfing or do microtrading to properly receive your ROI. I think upgrading your miners to more efficient beasts is the next logical step after you reach your maximum power consumption. Fuzzy, you should store a few from your growing pile of s7's at my place  . I've 4-6kwh unallocated at the moment. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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QuintLeo
Legendary
 Offline
Activity: 1498
Merit: 1030
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November 11, 2016, 11:55:22 PM |
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Finally, something missing from all of the "ROI" calculators oft mention in the Forum: The plain and simple fact that since here in the USA the IRS wants a piece of ALL BTC you convert to Fiat be it reported as Personal Income (and subject to Capital Gains Rules if earned from Trading) or reported as mining business + folks keep talking about ROI then treat the cost of miner like the business expense it is! From a business perspective a miner is the same thing as an office PC and for Tax purposes is a business expense/writeoff. Last I recall the full amount can be written off in 3-years. Yes is a long time in Miner Years but - I have s7's still making money and some are from day-1 they were available so...
If you plan to sell off your miners (I've eventually done so on ALL of the ASIC I've owned that I'm not currrently running, as well as many of my computers, and plan to do so on my A2s eventually), you can legitimately treat the miners themselves as "inventory" - makes them MUCH easier to deal with on a tax basis and is arguably MORE accurate how their drop in value over time ends up impacting a business. |
I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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elokk
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November 13, 2016, 12:18:14 AM |
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Is Canaan.io the only place to buy these??
Anyone know what type of payment they accept? Only btc?
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t.me/bitcoinasic
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QuintLeo
Legendary
Offline
Activity: 1498
Merit: 1030
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November 13, 2016, 01:43:46 AM |
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At this time, Caanan is the only place to order the A721.
That will probably change in a month or less as resellers start getting ahold of some to sell (for more of course).
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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7867
'The right to privacy matters'
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November 14, 2016, 07:45:09 PM |
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It is monday and no sales ?
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HagssFIN
Legendary
Offline
Activity: 2436
Merit: 1706
Electrical engineer. Mining since 2014.
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November 14, 2016, 08:30:45 PM |
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It is monday and no sales ?
I have the account at canaan.io and I could not find a page to buy one. |
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mindtrip
Legendary
Offline
Activity: 1167
Merit: 1009
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November 14, 2016, 08:40:43 PM |
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Looks interesting when will it be for sale to the public? anyone planning to organize a group buy anytime soon?
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elokk
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November 14, 2016, 08:47:48 PM |
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Looks interesting when will it be for sale to the public? anyone planning to organize a group buy anytime soon?
Sounds like you can buy directly from Canaan.io with Paypal, credit card or bank transfer (Once the ordering goes live) |
t.me/bitcoinasic
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7867
'The right to privacy matters'
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November 14, 2016, 08:59:57 PM |
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Looks interesting when will it be for sale to the public? anyone planning to organize a group buy anytime soon?
Sounds like you can buy directly from Canaan.io with Paypal, credit card or bank transfer (Once the ordering goes live) No answer to my emails. And site does not list the sale. |
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Megaquake
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November 14, 2016, 10:38:37 PM |
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Looks interesting when will it be for sale to the public? anyone planning to organize a group buy anytime soon?
Sounds like you can buy directly from Canaan.io with Paypal, credit card or bank transfer (Once the ordering goes live) No answer to my emails. And site does not list the sale. Anyone acquire a miner from them yet? |
Mines at Kano.is best profit in the world!
在Kano.is的BTC
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mindtrip
Legendary
Offline
Activity: 1167
Merit: 1009
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November 14, 2016, 10:58:39 PM |
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I went on the site myself didn't see any option to buy yet maybe the ordering system has not gone live yet  |
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7867
'The right to privacy matters'
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November 14, 2016, 11:10:27 PM |
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I went on the site myself didn't see any option to buy yet maybe the ordering system has not gone live yet asic = ALWAYS SLOW INCOMING for CONSUMERS |
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revolution82
Jr. Member
Offline
Activity: 62
Merit: 5
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November 15, 2016, 12:16:54 AM |
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Does anyone have an idea from past experience how long Avalon take to ship to the states? Once they actually become available for sale of course.. I didn't see a year behind Monday the 14th 20??.
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NotFuzzyWarm
Legendary
 Online
Activity: 3626
Merit: 2542
Evil beware: We have waffles!
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November 15, 2016, 12:36:44 AM |
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Does anyone have an idea from past experience how long Avalon take to ship to the states? Once they actually become available for sale of course.. I didn't see a year behind Monday the 14th 20??.
True. Checked Kano a few sec ago and it shows canaan (Avalon) is running 2,089.15THs vs their normal ~250-300THs so they are um, still "testing"? |
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Unacceptable
Legendary
Offline
Activity: 2212
Merit: 1001
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November 15, 2016, 01:02:13 AM |
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Does anyone have an idea from past experience how long Avalon take to ship to the states? Once they actually become available for sale of course.. I didn't see a year behind Monday the 14th 20??.
True. Checked Kano a few sec ago and it shows canaan (Avalon) is running 2,089.15THs vs their normal ~250-300THs so they are um, still "testing"? Well,Bitcoin is the network of corporate miners is it not |
"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan  |
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valkir
Legendary
Offline
Activity: 1484
Merit: 1004
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November 15, 2016, 02:19:23 AM |
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Strange. Still cant order ?? wondering why.
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██ Please support sidehack with his new miner project Send to :
1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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elokk
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November 15, 2016, 02:51:20 AM |
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OPEN FOR ORDERS!!!!  |
t.me/bitcoinasic
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7867
'The right to privacy matters'
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November 15, 2016, 03:13:31 AM |
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OPEN FOR ORDERS!!!! I ordered 2 and 1 controller . and I am slotted with manual payment Your order is on-hold until we confirm payment has been received. Your order details are shown below for your reference: Thanks for your order. We will handle your order personally along with payment. Please note, the final shipping cost may be adjusted depending upon changes to your order. Please watch your email for follow-up. Order #25xxx Product Quantity Price AvalonMiner 721 method_id: international_delivery cost: 0 1 $2.44 AvalonMiner Controller method_id: international_delivery cost: 0 1 $0.62 Subtotal: $3.06 Shipping: $100.00 via Flat Rate Payment Method: Manual Payment Total: $1,936.00 So I am pretty much clueless as to wtf that is. anyone know? |
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reelen
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November 15, 2016, 03:14:20 AM |
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OPEN FOR ORDERS!!!! I ordered 2 and 1 controller . Likewise, looking forward to testing them. |
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valkir
Legendary
Offline
Activity: 1484
Merit: 1004
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November 15, 2016, 03:28:37 AM |
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Could not wait  One new miner on his way home! |
██ Please support sidehack with his new miner project Send to :
1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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