ANTMINER S2 Discussion and Support Thread

[philipma1957]

So sending 5 btc to bitmaintech  for an s-2  (that is close to correct if you have a coupon)  will mean you need give more info

(ie a form to report the btc spending is needed for any btc spending over 600usd along with an ability to show the value of that btc spent when you spent it and the value of the btc when you aqcuired it)

 to the IRS for your 2014 tax return. Since the rulings came out I stopped any btc transaction over 600usd.

Not sure if that is entirely accurate.  As Bitmaintech is based in China, why would the U.S. IRS want to know what you have paid them?  They (Bitmaintech) have no tax liability to the IRS.  This applies to U.S. companies.

No it is accurate here is why.  5 btc = 2200    today.    since btc is like a stock to the irs/usa gov.   they want to know what the btc cost you to get.

 ie did you buy 100 coins the day silk road was caught.  if you did buy at 90usd back in sept 2013   paid 0 attention to the entire  world of btc since today.

 each coin you use   cost you 90 and was worth 440  profit of 350 a coin  5 coins = 5 x 350 or 1750 usd  

 so the gov don't give a shit   about chump change under 600 usd .

 but my example above they care.    So buying with a cc to any company avoids the need to show the history of the btc when the deal is over 600usd.

In my case I don't have older coins and if I want to get an s-2 I would buy from coinbase.  At todays price 2200 is about 5 coins. (I have coupons for 400)

   So I order 10 coins today  pay 4400 for the 10.  I wait 4 days for the money  and I buy 2 s-2s'   Coins stay dead flat price no loss or gain..

 I still  need to file an informational form with the IRS for my 2014 taxes.  It show price in as 4400 price out as 4400 and my gain or loss for the coin purchase then transfer to bitmiantech was 0.

My purchase cost is 4400 .  

 So buying with a cc or paypal for any big item is better if you are USA based even if the seller is someone like bitmaintech these big ticket items means more tax reporting.

If they used a 3000 usd number  it would be easier to deal with.  The 600 dollar number sucks. I do believe it lowered the price of btc by 100 to 200 usd a coin.

[smooth]

(ie a form to report the btc spending is needed for any btc spending over 600usd along with an ability to show the value of that btc spent when you spent it and the value of the btc when you aqcuired it)

 to the IRS for your 2014 tax return. Since the rulings came out I stopped any btc transaction over 600usd.

I did a 2860 usd hosted dragon miner deal only because it was with paypal.


Using a cc with minerstore means you only need say you spent 2??? usd  (not sure what was the exact price) for the miner.  

No extra forms.  


For now I am still buying from bitmaintech  buy only s-1s  2 at at time since that is under 600 usd.

There is no requirement to report payments for merchandise. That is on page one of the instructions for form 1099-MISC, which would otherwise be used for reporting such payments.

You still need to calculate as capital gain or loss on the disposition of the BTC and report accordingly.

BTW, the payment reporting requirement is based on a minimum of 600 to one payee during a year, not per transaction. But that doesn't matter here.

[BitcoinPappi]

So sending 5 btc to bitmaintech  for an s-2  (that is close to correct if you have a coupon)  will mean you need give more info

(ie a form to report the btc spending is needed for any btc spending over 600usd along with an ability to show the value of that btc spent when you spent it and the value of the btc when you aqcuired it)

 to the IRS for your 2014 tax return. Since the rulings came out I stopped any btc transaction over 600usd.

Not sure if that is entirely accurate.  As Bitmaintech is based in China, why would the U.S. IRS want to know what you have paid them?  They (Bitmaintech) have no tax liability to the IRS.  This applies to U.S. companies.

No it is accurate here is why.  5 btc = 2200    today.    since btc is like a stock to the irs/usa gov.   they want to know what the btc cost you to get.

 ie did you buy 100 coins the day silk road was caught.  if you did buy at 90usd back in sept 2013   paid 0 attention to the entire  world of btc since today.

 each coin you use   cost you 90 and was worth 440  profit of 350 a coin  5 coins = 5 x 350 or 1750 usd  

 so the gov don't give a shit   about chump change under 600 usd .

 but my example above they care.    So buying with a cc to any company avoids the need to show the history of the btc when the deal is over 600usd.

In my case I don't have older coins and if I want to get an s-2 I would buy from coinbase.  At todays price 2200 is about 5 coins. (I have coupons for 400)

   So I order 10 coins today  pay 4400 for the 10.  I wait 4 days for the money  and I buy 2 s-2s'   Coins stay dead flat price no loss or gain..

 I still  need to file an informational form with the IRS for my 2014 taxes.  It show price in as 4400 price out as 4400 and my gain or loss for the coin purchase then transfer to bitmiantech was 0.

My purchase cost is 4400 .  

 So buying with a cc or paypal for any big item is better if you are USA based even if the seller is someone like bitmaintech these big ticket items means more tax reporting.

If they used a 3000 usd number  it would be easier to deal with.  The 600 dollar number sucks. I do believe it lowered the price of btc by 100 to 200 usd a coin.

This is exactly why i messaged you about my post. Since it appears that your interested in obtaining S1's . If you would like some S1's and is seriously interested, I can list them on Ebay for you and you pay with USD. Let me know. Trying to get rid of them because of heat. So just looking for potential buyers

[toxic1978]

Anyone seen the bitmaintechs dot com website popping up?

99% sure its a fraud as all text is copied from the bitmaintech site but with the introduction of a Scrypt miner + some other products.

[samsonn25]

Anyone seen the bitmaintechs dot com website popping up?

99% sure its a fraud as all text is copied from the bitmaintech site but with the introduction of a Scrypt miner + some other products.

Yes very fake.   They even made a wiki entry to spam the fake site before they got caught.

[bobsag3]

Minersource or minerstore wtf

MinerStore is the company I was talking about sorry.

MinerSource is a well know web store of mining equipment and distributors of different companies as Black Arrow and others.

And I can say doing business with Juan is just as good if not better than Bitmain directly.

[hurricandave]

Juan doesn't sell U2's and it seems that it does not matter who's website you visit, there is virtually NO info about shipping and handling from the home page. I don't want to go through putting something in a cart and checking out, just to see what shipping will or won't be added! Just be up front about it! How hard is it to add a paragraph somewhere about shipping?

[samsonn25]

Who wants to buy u2 anyway.  At least other miners can be used as space heaters later.

[topminingcontracts]

Minersource or minerstore wtf

MinerStore is the company I was talking about sorry.

MinerSource is a well know web store of mining equipment and distributors of different companies as Black Arrow and others.

And I can say doing business with Juan is just as good if not better than Bitmain directly.

Thanks and sorry for the confusion I made

[topminingcontracts]

Juan doesn't sell U2's and it seems that it does not matter who's website you visit, there is virtually NO info about shipping and handling from the home page. I don't want to go through putting something in a cart and checking out, just to see what shipping will or won't be added! Just be up front about it! How hard is it to add a paragraph somewhere about shipping?

We don't have U2s not sure if we will have in the future anyway we can only sell it in the 500 box. If you need 500 let me know to see if I can found a box for you.

Regards

Juan

[HolyScott]

Juan doesn't sell U2's and it seems that it does not matter who's website you visit, there is virtually NO info about shipping and handling from the home page. I don't want to go through putting something in a cart and checking out, just to see what shipping will or won't be added! Just be up front about it! How hard is it to add a paragraph somewhere about shipping?

I have Bitmain U2's, S1's, and S2's in stock, and I have a flat rate $7.97 shipping charge per order. And right now you can save 5% off my entire inventory with coupon code "GrandOpening". I accept Paypal, Credit Cards and BTC for payments. All products in stock, same day US based shipping up until 2pm est.

[freebit13]

9 hrs after initial shutdown - miner begins beeping... 10 other rigs are not affected

powered down, powered up. IP is ok but 0GH & 61°C

tried connecting to gui - nope

powered down, removed sd card, powered up - blue screen

powered down, reinserted sd, powered up - mining...

wtballs?

I had the same thing happen the other day, it seems one only needs to eject and reinsert the sd card and it'll boot. I've not needed to re-image a card since (I'm wondering if re-imaging was even necessary in the first place)...

I had a plug trip last night and was faced with the S2 "blue screen of death" after restarting. I just ejected the SD card and pushed it back in and it booted up no problem after that, no need for re-imaging 

[freebit13]

out of curiosity - was power cycling necessary?

i read that some miners were removing the card prior to shutting down as a preventative measure but not tried myself as i cant quite squeeze my hooves in between the control board & the nearest blade...

... and not wanting to pull blade/s out with power on.
im kindof assuming ppl doing that already had blade/s removed due to PSU concerns??

I have done it a few different ways and they all seem to work:

• The first time I got the blue screen of death, I put in a new sd card with a fresh image and that worked fine. I needed to power down and remove a board to get the card swapped out.
• After that I was ejecting the sd card before powering down, to avoid the bsod. I have long, skinny fingers, so I can get one in there to eject the card with the machine still running and all boards in. I'd just push it back in and power on an it worked
• Since then I've had a power cut and when it came back on it had a blue screen again. I just powered off, ejected the card, pushed it back in and powered back on again and it booted fine

Sine the last time it happened, I'd powered it down and ejected and re-inserted the card; I guess it might work for you if you power down, remove a board and eject the card, re-insert it and put the board back in and power up again... it's worth a try as it'll be quicker than re-imaging a card.

Interestingly, if you eject the sd card while the miner is on, it'll stop hashing, it seems like it's running something from the sd card

I just hope Bitmain will investigate this matter because having the miner not restart automatically after a power cut or similar, could be quite a hassle for those with multiple machines or have them hosted off-site...

[elaramus]

@ BITMAIN.... Bring back the days of shipping early!!

[s1lverbox]

I have been mining and selling miners and bitcoin stuff for about a year, but I am new to posting on forums. I typically just read the forums for information and such. This would be a first for posting on here. I know first hand that there are scammers out there, and can understand the skepticism. I don't think we sound "fishy" but that's only a matter of opinion.

Long story short, I don't think it should matter that we are authorized resellers or not. We sell Bitmain products that come direct from bitmain. We accept credit/debit, if you don't believe us, pay with card.(directed towards s1lverbox) Your protected by your bank if we don't fulfill. Simple as that. Even better, I am sure you can risk 0.08 BTC to buy some U2 miners. We are here to stay so you might as well relax, sit back, and mine some BTC

If you so legit why you using bitmain in his thread to advertise yourselve as reseller for him?
If any of your claims would be so legit, probably bitmain would confirm that, right? But actually nothing happened apart of naming 3 reliable sources which we all knew-they are there.

I ask for proof for your pallet a day of s1. nothing was received.
Your statements are fishy, starting with website apparently bought by bitmain and store being setup specially for you by them.Claims about being in mining business over a year but no proof of any of this. Apparently you was selling miners on other site and amazon, please provide proof any of this.

Last but not least, your bold statements not backed up by anyone, not even one customer. You are in business for a year but never on forum like this?
Trust me if you or any other business appear in BTC world there is big chance someone would mention this in this forum.

Most of company's factories, manufactures, resellers started to advertise their business on this forum. Because this way they could:

-have shit loads new customers
-free targeted viewers
-free advertisement

At this moment you made statements which was picked up by me and checked. Nothing ad up so i will assume you are here to scam.
And trust me, people on daily basis scamming others with fancy websites, great gear for good price, don't matter how legit you think you are i still will advice anyone to stay away untill you can make things right.
 
Once again, please provide me Tx or your wallet so i can trace that pallet of miners a day.

[dalenorman2005]

Attention Canadian Miners

A datacenter dedicated to modern mining equipment (Bitmain S2, Cointerra, Dragon, etc) is now open in the Toronto, Ontario Canada area.  We're accepting applications from those who seek space to host their mining servers.

Please PM with the following information:

-number and model of your mining rigs, to determine electrical usage
-timing (are you looking for hosting space now, or in the near future)
-contact info

[1l1l11ll1l]

9 hrs after initial shutdown - miner begins beeping... 10 other rigs are not affected

powered down, powered up. IP is ok but 0GH & 61°C

tried connecting to gui - nope

powered down, removed sd card, powered up - blue screen

powered down, reinserted sd, powered up - mining...

wtballs?

I had the same thing happen the other day, it seems one only needs to eject and reinsert the sd card and it'll boot. I've not needed to re-image a card since (I'm wondering if re-imaging was even necessary in the first place)...

I had a plug trip last night and was faced with the S2 "blue screen of death" after restarting. I just ejected the SD card and pushed it back in and it booted up no problem after that, no need for re-imaging 

I pulled the image of the SD card after the corruption. I took the card and used win32diskimager to pull the image. When I looked for files on the card, I didn't see any.

Here's the image:

https://dl.dropboxusercontent.com/u/16075357/CORRUPT.IMG.zip

[ZiG]

Just happened...:

https://bitcointalk.org/index.php?topic=409701.msg6567939#msg6567939

Ready to Royal Rumble...?

Let's the games begin...

ZiG

[freebit13]

I pulled the image of the SD card after the corruption. I took the card and used win32diskimager to pull the image. When I looked for files on the card, I didn't see any.

Here's the image:
https://dl.dropboxusercontent.com/u/16075357/CORRUPT.IMG.zip

I do believe that your card was corrupted; I just mentioned this because I had gotten the blue screen originally and formatted and re-imaged the card without paying attention to the files on it, so I'm not sure if it was corrupted in the first place. I just wanted to let people know that the blue screen doesn't necessarily mean the card is corrupted, it might not be and it's worth checking first.

Thanks again for all of your original input, it was really helpful 

[rausvi15]

price is still to high