Number 9! Ninth altcoin thread. Back to the moon Baby!

[h311m4n]

Hey Philipma1957, how's the mining life treating you?

Been staying away from BTCT for a while, still mining on solar power only over here for the past 9 months now. Guess I made about 1500$ or so mining in that time, 100% profit.

I recall you were also trying to go that route if not mistaken?

Cheers

[philipma1957]

Power is up.  Have to say the two small generators I had were very good at keeping house working.

look into a transfer switch and genset that can run most o your house.

my 7,000 watt transfer switch with an 8,500 watt genset can power everything but the electric stove (we use an electric hotplate) and electric dryer (go without it).

but the well, hvac, fridge hotwater, lights, electronics (no miners though) all most important COFFEE MACHINE.

just one cable from (keystart) genset to house and flip the xfer switch. did it so the wife could do it if im not here.

Yeah but on the cheap  I got these 2500 watt models for 199 each


http://pulsar-products.com/products/pg3250/?


I have really reliable power. Last blackout was Hurricane Sandy back in 2012.
Maybe 3 short ones well under an hour from Oct 2012 to July 2019.

I got these 2 in 2013 they were left over from a big stockup for Sandy and I grabbed them.




edit at h311m4n

yeah  mostly all solar.

all I do at the house is test and repair shit.

at buysolars array I run some gpus
at the big place in clifton
we are up to 830 th btc
and 11 gh in ltc
and a few gpus

[h311m4n]

830TH, that's pretty neat! Are you able to turn a good profit then?

Man I remember the good times in 2016/2017, mining ETH at the time. Getting an ETH a day or more was easy peasy. Ethermine was showing me like 4000$ a months with just a few rigs. Life was good

[philipma1957]

830TH, that's pretty neat! Are you able to turn a good profit then?

Man I remember the good times in 2016/2017, mining ETH at the time. Getting an ETH a day or more was easy peasy. Ethermine was showing me like 4000$ a months with just a few rigs. Life was good

Well partners on this but once I paid off all the gear. (this August)  I clear 2000  a month.

No where as good as Nov Dec Jan 2017-2018

Diff was 1.4 it is now 9.05

So while I make 2000 a month now if it were 2017 dec this gear would make  9.05/1.4 = 6.46 x the coin   and coin was 20000 vs 10000

[mihacrypto]

Now mining has fallen to zero. It is good that someone is electricity free. And so already and asic with such a course is not cost-effective.

[vapourminer]

Power is up.  Have to say the two small generators I had were very good at keeping house working.

look into a transfer switch and genset that can run most o your house.

[...]

Yeah but on the cheap  I got these 2500 watt models for 199 each


http://pulsar-products.com/products/pg3250/?


I have really reliable power. Last blackout was Hurricane Sandy back in 2012.
Maybe 3 short ones well under an hour from Oct 2012 to July 2019.

I got these 2 in 2013 they were left over from a big stockup for Sandy and I grabbed them.

nice price for those thats for sure.

i am looking to get a smaller, pure sine wave, fairly quiet and fairly lightweight generator with something like 1800-2000 watts or so. the kind quiet enough for camping and such. be nice for shorter power outages where i just need coffee and electronics for a few hours.

[citronick]

if I may pick the brains of this group....

I am building a custom dashboard using Google Sheets

I am using a few nice add-ons for cryptocurrencies etc. for basic info like current BTC price etc.

I need to pull the latest Average Daily Earnings from the viabtc.com website

(BTC Avg. Daily Earnings 0.00002764 BTC/T (≈PPS 99.1%)

Any ideas where can I pull that info from?

I searched viabtc website API help section but it was not helpful.

Posted on their wechat group which is chinese heavy.... but no reply.

Any ideas?

[h311m4n]

if I may pick the brains of this group....

I am building a custom dashboard using Google Sheets

I am using a few nice add-ons for cryptocurrencies etc. for basic info like current BTC price etc.

I need to pull the latest Average Daily Earnings from the viabtc.com website

(BTC Avg. Daily Earnings 0.00002764 BTC/T (≈PPS 99.1%)

Any ideas where can I pull that info from?

I searched viabtc website API help section but it was not helpful.

Posted on their wechat group which is chinese heavy.... but no reply.

Any ideas?

Have you accessed the actual API? Seems like you need an account to get access to it. Once there you should have a number of requests you can make to pull data.

[citronick]

if I may pick the brains of this group....

I am building a custom dashboard using Google Sheets

I am using a few nice add-ons for cryptocurrencies etc. for basic info like current BTC price etc.

I need to pull the latest Average Daily Earnings from the viabtc.com website

(BTC Avg. Daily Earnings 0.00002764 BTC/T (≈PPS 99.1%)

Any ideas where can I pull that info from?

I searched viabtc website API help section but it was not helpful.

Posted on their wechat group which is chinese heavy.... but no reply.

Any ideas?

Have you accessed the actual API? Seems like you need an account to get access to it. Once there you should have a number of requests you can make to pull data.

Yes, I have a working account in viabtc and further research on viabtc APIs are generally for trading/exchange related APIs but not pool and operational parameters. Last resort, maybe screen scrapping will do the trick

[h311m4n]

if I may pick the brains of this group....

I am building a custom dashboard using Google Sheets

I am using a few nice add-ons for cryptocurrencies etc. for basic info like current BTC price etc.

I need to pull the latest Average Daily Earnings from the viabtc.com website

(BTC Avg. Daily Earnings 0.00002764 BTC/T (≈PPS 99.1%)

Any ideas where can I pull that info from?

I searched viabtc website API help section but it was not helpful.

Posted on their wechat group which is chinese heavy.... but no reply.

Any ideas?

Have you accessed the actual API? Seems like you need an account to get access to it. Once there you should have a number of requests you can make to pull data.

Yes, I have a working account in viabtc and further research on viabtc APIs are generally for trading/exchange related APIs but not pool and operational parameters. Last resort, maybe screen scrapping will do the trick

Yep, if the API doesn't provide you with what your require, it's going to be a tough one to crack. I'm not sure that many pool offer a lot of information on the inner workings.

If you have simple access to the page that the information is displayed on, you could indeed try scraping. Just be careful with that, as usually websites that are not too shitty, will see this as a bad thing and might potentially ban your IP address.

I personally have no experience with google sheet dashboards, but with some PHP, once you have the URL and know where, in the html code, the information is displayed, it's quite simple to dig down to the element and extract the value.

This is how I do it on my solar inverted which has no API, just some dumb webpages with the information displayed in html tables.

[philipma1957]

Note this applies to USA and the IRS

Talking about record keeping I was sent a letter from IRS  they said when I filed for 2018 I left out an account.

I realized  I send all my coinbase info as usual and said to myself WTF  are they talking about.
I did some checking and found they are looking for my gdax- now pro-coinbase info for 2018

It won't cost me money  as my usage of gdax was not trading as much as cheaper  fees to convert  coinbase btc to cash

My typical thing  was

1)move 0.100 btc from coinbase to gdax
2)sell the 0.1000 btc on gdax
3)move the cash  to coinbase  
4)withdraw the cash to bank account

or

1) move cash from coinbase to gdax
2) buy btc or ltc at gdax
3) send btc or ltc to coinbase
4) buy gear from bitmain with that btc or ltc


They now want all my gdax/pro-coinbase record from 2018  (all older years have zero trades with gdax/pro.coinbase)

2018  mostly was a down year.
I had losses most of the year. So I know sending the info will mean my capital gain(loss in reality) carryover  will go from 1800 usd to say 2500

But the paperwork involved appears to be nuts crazy and or wacko.  Truing the info involves matching it  to my coinbase data filed with irs.

 So while I saved fees I think this will take a week to do.




I thought that gdax info was included with my coinbase tax info It is not and it needs to be sent in a new

[rs1x]

Note this applies to USA and the IRS

Talking about record keeping I was sent a letter from IRS  they said when I filed for 2018 I left out an account.

I realized  I send all my coinbase info as usual and said to myself WTF  are they talking about.
I did some checking and found they are looking for my gdax- now pro-coinbase info for 2018

It won't cost me money  as my usage of gdax was not trading as much as cheaper  fees to convert  coinbase btc to cash

My typical thing  was

1)move 0.100 btc from coinbase to gdax
2)sell the 0.1000 btc on gdax
3)move the cash  to coinbase  
4)withdraw the cash to bank account

or

1) move cash from coinbase to gdax
2) buy btc or ltc at gdax
3) send btc or ltc to coinbase
4) buy gear from bitmain with that btc or ltc


They now want all my gdax/pro-coinbase record from 2018  (all older years have zero trades with gdax/pro.coinbase)

2018  mostly was a down year.
I had losses most of the year. So I know sending the info will mean my capital gain(loss in reality) carryover  will go from 1800 usd to say 2500

But the paperwork involved appears to be nuts crazy and or wacko.  Truing the info involves matching it  to my coinbase data filed with irs.

 So while I saved fees I think this will take a week to do.




I thought that gdax info was included with my coinbase tax info It is not and it needs to be sent in a new

this seems like a massive headache. 

[philipma1957]

Note this applies to USA and the IRS

Talking about record keeping I was sent a letter from IRS  they said when I filed for 2018 I left out an account.

I realized  I send all my coinbase info as usual and said to myself WTF  are they talking about.
I did some checking and found they are looking for my gdax- now pro-coinbase info for 2018

It won't cost me money  as my usage of gdax was not trading as much as cheaper  fees to convert  coinbase btc to cash

My typical thing  was

1)move 0.100 btc from coinbase to gdax
2)sell the 0.1000 btc on gdax
3)move the cash  to coinbase  
4)withdraw the cash to bank account

or

1) move cash from coinbase to gdax
2) buy btc or ltc at gdax
3) send btc or ltc to coinbase
4) buy gear from bitmain with that btc or ltc


They now want all my gdax/pro-coinbase record from 2018  (all older years have zero trades with gdax/pro.coinbase)

2018  mostly was a down year.
I had losses most of the year. So I know sending the info will mean my capital gain(loss in reality) carryover  will go from 1800 usd to say 2500

But the paperwork involved appears to be nuts crazy and or wacko.  Truing the info involves matching it  to my coinbase data filed with irs.

 So while I saved fees I think this will take a week to do.




I thought that gdax info was included with my coinbase tax info It is not and it needs to be sent in a new

this seems like a massive headache.  

It is unreal.   Lets say you pulled 950usd in btc (ie 1 btc)  from coinbase moved it to gdax/procoinbase   list it at a limit price of 9500 (when coins are at 9300)   and    It takes  six transactions to sell it in 3 minutes as prices fluxed up and down rapidly .

After 3 minutes you have 9500 usd minus fees say 9490 net.  you move the cash back to coinbase    then  send it to your bank.

Pretty simple you spent 5 minutes to basically sell a coin for 9490 after fees.

it generates about 17 lines of info  for basically a single sale. (which was reported incorrectly as a single sale by me)

I now need to show all 6 micro sales for that deal.  It appears I have about  200 transactions on gdax but  they generated around 5 or 6  micro transactions.  so I need show say 6 x 200 = 1200 micro transactions.

[badbart]

Note this applies to USA and the IRS

Talking about record keeping I was sent a letter from IRS  they said when I filed for 2018 I left out an account.

I realized  I send all my coinbase info as usual and said to myself WTF  are they talking about.
I did some checking and found they are looking for my gdax- now pro-coinbase info for 2018

It won't cost me money  as my usage of gdax was not trading as much as cheaper  fees to convert  coinbase btc to cash

My typical thing  was

1)move 0.100 btc from coinbase to gdax
2)sell the 0.1000 btc on gdax
3)move the cash  to coinbase  
4)withdraw the cash to bank account

or

1) move cash from coinbase to gdax
2) buy btc or ltc at gdax
3) send btc or ltc to coinbase
4) buy gear from bitmain with that btc or ltc


They now want all my gdax/pro-coinbase record from 2018  (all older years have zero trades with gdax/pro.coinbase)

2018  mostly was a down year.
I had losses most of the year. So I know sending the info will mean my capital gain(loss in reality) carryover  will go from 1800 usd to say 2500

But the paperwork involved appears to be nuts crazy and or wacko.  Truing the info involves matching it  to my coinbase data filed with irs.

 So while I saved fees I think this will take a week to do.




I thought that gdax info was included with my coinbase tax info It is not and it needs to be sent in a new

this seems like a massive headache.  

It is unreal.   Lets say you pulled 950usd in btc (ie 1 btc)  from coinbase moved it to gdax/procoinbase   list it at a limit price of 9500 (when coins are at 9300)   and    It takes  six transactions to sell it in 3 minutes as prices fluxed up and down rapidly .

After 3 minutes you have 9500 usd minus fees say 9490 net.  you move the cash back to coinbase    then  send it to your bank.

Pretty simple you spent 5 minutes to basically sell a coin for 9490 after fees.

it generates about 17 lines of info  for basically a single sale. (which was reported incorrectly as a single sale by me)

I now need to show all 6 micro sales for that deal.  It appears I have about  200 transactions on gdax but  they generated around 5 or 6  micro transactions.  so I need show say 6 x 200 = 1200 micro transactions.

Any easier way to cash out to dollars?  Last year Coinbase sent me a 1099 saying I had 1.5 million in sales, lol.  I just downloaded all transactions into a spreadsheet and totaled it.

[JaredKaragen]

yeah, i have beef with coinbase's sayings that I has several thousands worth of BTC in my account during the height of the mining/price boom;  wherein i never had more than ~480-560 in the account....

I never got any tax messages though, so I think I flew properly under the requirements for taxes?   Yet... there were no rules on taxes against that commodity during that time anyways.....

All of my trading was done through different exchanges or private party;  and only once did I cash out a chunk to pay my full months rent with it.

I did do a handful of micro-payments buying small things on my shift card (a drink here, a ticket there, some shopping now and then) for under $20-$25 each time.

Maybe it adds up... but;  to be honest;  I think its an inflated number somehow.

[philipma1957]

SPENT A DAY looking at all reports.  As I filed  what  I thought was accurately for 2018.

Looks like   I made more work  by  this method of cashing out.


say 1 coin (5000 value) in coinbase  transferred to gdax  it creates  a cap gain or loss.  pretend it was acquired for 4500(cost value) and moved at 5000 value to gdax.

cap gain of 500 is created.

now when the coin is in gdax to be sold into cash instantly the problem is gdax did not list  cost value as anything. they list the sale of it for 5000.

I then transferred it to coinbase and then to bank account.  So coinbase shows  a 5000 deposit.

So it effectively makes me look like I got 5000k value coin  at ? value in gdax

and it makes me look like I got a 5000k cash deposit into coinbase.

3 possible gains 500 true gain
? cost value sold for 5000 in gdax
5000 cash sent to coinbase.

so while in reality my gain is 500
it looks like at least  500 + 5000 = 5500 + the unknown number in gdax

It will take a while to build a report  on a spread sheet that shows what happened.

Saving grace it is for 2018  and 2019

2018  was a small cap gain loss  and maybe 3-5 days work for me ot make up a spread sheet.

2019  is not due till next year.  a little less entries to do.  and if I stay fully within coinbase  even though fees will be higher the paperwork will be greatly reduced.

[adaseb]

Crypto taxes are never easy, even if you got the funds to pay the tax bill the amount of work involved to calculate everything out to the dollar is stressful.

You got websites like Bitcoin.Tax however it's never perfect and requires lots of manual intervention. Then there is the issue if you margin traded which the website does very poorly or not at all.

[JaredKaragen]

Phil, you may be onto something...

So correct me if i'm wrong,   I send lets say .5 to GDAX;  my account goes less as a result;  then I send .5 from GDAX back into my account.... they are counting it all....

[philipma1957]

Crypto taxes are never easy, even if you got the funds to pay the tax bill the amount of work involved to calculate everything out to the dollar is stressful.

You got websites like Bitcoin.Tax however it's never perfect and requires lots of manual intervention. Then there is the issue if you margin traded which the website does very poorly or not at all.

I used gdax for the cheaper fees.  Did not margin trade.

I will give bitcoin.tax a look.

[vapourminer]

Crypto taxes are never easy, even if you got the funds to pay the tax bill the amount of work involved to calculate everything out to the dollar is stressful.

You got websites like Bitcoin.Tax however it's never perfect and requires lots of manual intervention. Then there is the issue if you margin traded which the website does very poorly or not at all.

I used gdax for the cheaper fees.  Did not margin trade.

I will give bitcoin.tax a look.

i just do everything at gdax now, including going into or out of fiat. its slower to your bank (few days) than with coinbase but no fees either.

ive used bitcoin.tax for a couples years, works ok. even can figure out mining income for some coins, just give an addy.