BenScoobert
Member
 Offline
Activity: 70
Merit: 10
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July 19, 2017, 02:26:25 PM |
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Chinese have been under valuing parcels for ages and customs are getting wiser, just send proof you paid what you paid
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kariverson
Newbie
Offline
Activity: 34
Merit: 0
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July 19, 2017, 03:08:14 PM |
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Hey my L3+'s just came, the customs ask me what is the value of the package?
Did Bitmain write any value on the box or inside it??
Thanks a lot!
anybody? it's kinda urgent, thanks a bunch guys! Check the email they sent you when the order shipped. They have attached a pdf with the invoice with seals and signatures and everything. |
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SplinterZalinsk
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July 19, 2017, 03:12:42 PM |
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Hey my L3+'s just came, the customs ask me what is the value of the package?
Did Bitmain write any value on the box or inside it??
Thanks a lot!
anybody? it's kinda urgent, thanks a bunch guys! In which country are you? |
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Bulletdodger
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July 19, 2017, 03:45:41 PM |
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Thanks guys, I was just wondering if they put a price in the box or something. Or I guess I could PS a lower price.  I'm in EU. |
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MachineZero
Full Member
Offline
Activity: 217
Merit: 100
mcrypt.com domain 4sale 20BTC
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July 19, 2017, 07:19:54 PM |
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Wow, nearly 10% increase in difficulty this period and projected to do nearly the same the next.
Looks like we're going to get a 20% difficulty increase this week. I'm expecting the same phenomenon as the waves of machines are delivered about 2-3 times a month. It was nice to get a 2 month grace period for May batch outside of Hashnest miners coming online.
This was a master stroke how it was played. Reward early adopters with crazy profits, trickle some on hashnest to take advantage of 3rd market spread, then presell enough units 3 months out so people has unrealistic expectations on ROI. Expecting 600-750k difficulty (conservative) on Oct1
Wow, 17% difficulty rise next period and still rising fast. It was up 10% a day and a half ago. Now I think Difficulty will be 1,000,000 on Oct 1. This is way faster than I expected on 1 batch of 8 that is pending. |
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SplinterZalinsk
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July 19, 2017, 07:47:23 PM |
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Wow, nearly 10% increase in difficulty this period and projected to do nearly the same the next.
Looks like we're going to get a 20% difficulty increase this week. I'm expecting the same phenomenon as the waves of machines are delivered about 2-3 times a month. It was nice to get a 2 month grace period for May batch outside of Hashnest miners coming online.
This was a master stroke how it was played. Reward early adopters with crazy profits, trickle some on hashnest to take advantage of 3rd market spread, then presell enough units 3 months out so people has unrealistic expectations on ROI. Expecting 600-750k difficulty (conservative) on Oct1
Wow, 17% difficulty rise next period and still rising fast. It was up 10% a day and a half ago. Now I think Difficulty will be 1,000,000 on Oct 1. This is way faster than I expected on 1 batch of 8 that is pending. Profitability in general for L3+ is practically intact and almost 2x greater than 3 months ago when I paid $1200 per unit... and I think the ltc price will go up a lot in next months |
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MachineZero
Full Member
Offline
Activity: 217
Merit: 100
mcrypt.com domain 4sale 20BTC
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July 19, 2017, 08:04:19 PM |
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Wow, nearly 10% increase in difficulty this period and projected to do nearly the same the next.
Looks like we're going to get a 20% difficulty increase this week. I'm expecting the same phenomenon as the waves of machines are delivered about 2-3 times a month. It was nice to get a 2 month grace period for May batch outside of Hashnest miners coming online.
This was a master stroke how it was played. Reward early adopters with crazy profits, trickle some on hashnest to take advantage of 3rd market spread, then presell enough units 3 months out so people has unrealistic expectations on ROI. Expecting 600-750k difficulty (conservative) on Oct1
Wow, 17% difficulty rise next period and still rising fast. It was up 10% a day and a half ago. Now I think Difficulty will be 1,000,000 on Oct 1. This is way faster than I expected on 1 batch of 8 that is pending. Profitability in general for L3+ is practically intact and almost 2x greater than 3 months ago when I paid $1200 per unit... and I think the ltc price will go up a lot in next months Yes, difficulty has only doubled since preorder of May batch, while price is currently 4x, and was upto 5.5x. If Difficulty is at 1m in Oct 1st, then it is up 6x since preorder of may batch, if price is near high made a week or so ago, then all things are equal. |
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jstefanop
Legendary
Offline
Activity: 2097
Merit: 1396
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July 19, 2017, 09:25:29 PM |
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2 TH has already been added to the network for the initial July batches...and they just started shipping them out...lol
Bye bye profitability from here on out.
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pdpanzer
Newbie
Offline
Activity: 56
Merit: 0
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July 19, 2017, 09:35:18 PM |
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2 TH has already been added to the network for the initial July batches...and they just started shipping them out...lol
Bye bye profitability from here on out.
I estimated 5T from each batch. Remember a lot of the orders will land in China and are already active. Anyone buy anything on a Nov batch is taking a huge risk though. I think "get first batch" is a lottery, second is great, 3rd is ok (sept), 4th is for those that have 0 electric or niche reasons |
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SplinterZalinsk
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July 20, 2017, 12:24:18 AM |
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I received a voicemail from UPS saying: "Hi, I'm trying to include a shipment that's coming in to you from China. What I need is a federal tax ID for your business or a social security number and all of the creditorship... Could you please give me a callback?" So, I call back and tell what? Ask for their email and send that document (invoice) that Bitmain sent me?  I'm in US. |
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Savik
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July 20, 2017, 12:34:48 AM |
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I received a voicemail from UPS saying: "Hi, I'm trying to include a shipment that's coming in to you from China. What I need is a federal tax ID for your business or a social security number and all of the creditorship... Could you please give me a callback?" So, I call back and tell what? Ask for their email and send that document (invoice) that Bitmain sent me? I'm in US. Was your order $2500+? My understanding is that's the only time they need your EIN/SSN. Probably tax implications for customs duties on that big of an order. |
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SplinterZalinsk
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July 20, 2017, 12:51:29 AM |
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I received a voicemail from UPS saying: "Hi, I'm trying to include a shipment that's coming in to you from China. What I need is a federal tax ID for your business or a social security number and all of the creditorship... Could you please give me a callback?" So, I call back and tell what? Ask for their email and send that document (invoice) that Bitmain sent me? I'm in US. Was your order $2500+? My understanding is that's the only time they need your EIN/SSN. Probably tax implications for customs duties on that big of an order. 4 x L3+ ($5190.8 total in Bitmain invoice) |
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Savik
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July 20, 2017, 12:54:24 AM |
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I received a voicemail from UPS saying: "Hi, I'm trying to include a shipment that's coming in to you from China. What I need is a federal tax ID for your business or a social security number and all of the creditorship... Could you please give me a callback?" So, I call back and tell what? Ask for their email and send that document (invoice) that Bitmain sent me? I'm in US. Was your order $2500+? My understanding is that's the only time they need your EIN/SSN. Probably tax implications for customs duties on that big of an order. 4 x L3+ ($5190.8 total in Bitmain invoice) yea probably have to pay a bit, 0.3464% http://www.chinaimportal.com/blog/customs-taxes-importing-china-ultimate-guide/Merchandise Processing Fee (MPF)
All imports to the USA are subject to the Merchandise Processing Fee. The MFP is based on the order value, and is divided into two categories:
Imports of goods valued less than US$2500: US$2, US$6, or US$9 per shipment
Imports of goods valued more than US$2500: 0.3464% of the goods value
(Minimum MPF: US$25, Maximum MPF: US$485)
The MPF is in general a rather negligible expense when importing from China. Click here to read more about the Merchandise Processing Fee. |
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SplinterZalinsk
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July 20, 2017, 01:13:10 AM |
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I received a voicemail from UPS saying: "Hi, I'm trying to include a shipment that's coming in to you from China. What I need is a federal tax ID for your business or a social security number and all of the creditorship... Could you please give me a callback?" So, I call back and tell what? Ask for their email and send that document (invoice) that Bitmain sent me? I'm in US. Was your order $2500+? My understanding is that's the only time they need your EIN/SSN. Probably tax implications for customs duties on that big of an order. 4 x L3+ ($5190.8 total in Bitmain invoice) yea probably have to pay a bit, 0.3464% http://www.chinaimportal.com/blog/customs-taxes-importing-china-ultimate-guide/Merchandise Processing Fee (MPF)
All imports to the USA are subject to the Merchandise Processing Fee. The MFP is based on the order value, and is divided into two categories:
Imports of goods valued less than US$2500: US$2, US$6, or US$9 per shipment
Imports of goods valued more than US$2500: 0.3464% of the goods value
(Minimum MPF: US$25, Maximum MPF: US$485)
The MPF is in general a rather negligible expense when importing from China. Click here to read more about the Merchandise Processing Fee. Thanks a lot for your help!!! |
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crypticj
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July 20, 2017, 08:33:35 AM |
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About to get my batch on Friday: Gonna spike that difficulty by 10% single handily   ... |
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Albortz
Sr. Member
Offline
Activity: 420
Merit: 250
Tax Attorney - Investor - Entrepreneur
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July 20, 2017, 09:29:26 AM |
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BIG NO GO They don't have a website, payments are directly to BTC addresses and their english is sub par for someone claiming to reside in england. Don't risk it |
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BenScoobert
Member
Offline
Activity: 70
Merit: 10
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July 20, 2017, 11:07:06 AM |
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Alarm bells, the page is 12 days old |
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pdpanzer
Newbie
Offline
Activity: 56
Merit: 0
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July 20, 2017, 11:34:55 AM |
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About to get my batch on Friday: Gonna spike that difficulty by 10% single handily ... 2000 units? |
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Albortz
Sr. Member
Offline
Activity: 420
Merit: 250
Tax Attorney - Investor - Entrepreneur
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July 20, 2017, 12:15:03 PM |
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About to get my batch on Friday: Gonna spike that difficulty by 10% single handily ... 2000 units? I think the eye rolling was sarcasm lol But I can't wait for my batches. Still waiting for my confirmation. All batches got shipped early and I don't even received my freaking PSUs yet  |
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