RK-BOX,450GH/S,480W ,shipping date 25th

[philipma1957]

road stress has the best gear available in the world the sp10 and eventually the sp30 will be better gear.     But simple math shows  buying the rk-box is a better purchase .     I can earn from June 30th to Sept 30th   ...   The sp30 is delayed too long.

 Also  if you are in the USA and buy a rx-box at .9btc you are not subject to US federal reporting laws.

 A transfer of .9btc x 600 usd = 540 USD   UNDER THE CURRENT 600 TRANSFER LAW.  So I am looking to buy these and not worry about extra tax reporting.

I would have purchase an  in hand sp10 but was offered a deal in btc only not paypal. I was offered to buy an sp30 and that was also btc purchase.

I trusted the seller but with reporting laws I did not buy the gear.   My last over 600 usd purchase was a grid seed blade I did this purchase via paypal.

I did a purchase of 2800 for a 1th dragon miner  and that was paypal.

What make these rx box items interest me is the sale price will work with btc reporting laws of the USA.  

These laws do not apply if you are not running a btc business, but i am so I have to report any 600 usd  of btc  transfer.

[Biodom]

These laws do not apply if you are not running a btc business, but i am so I have to report any 600 usd  of btc  transfer.

Finally, I got it, before that number of $600 that you cite was a complete mystery.
I know that any business that pays a person more than $600 in one tax year has to give out form 1099, but that's all. I was not sure that purchasing something qualifies as well.
Such purchase does qualify as expense on a yearly tax report, but that's trivial.
I am not sure what exactly you gain by NOT having your RK-box booked as an expense which could be used to offset the revenue, but i am not a tax expert.

[kabopar]

road stress has the best gear available in the world the sp10 and eventually the sp30 will be better gear.     But simple math shows  buying the rk-box is a better purchase .     I can earn from June 30th to Sept 30th   ...   The sp30 is delayed too long.

 Also  if you are in the USA and buy a rx-box at .9btc you are not subject to US federal reporting laws.

 A transfer of .9btc x 600 usd = 540 USD   UNDER THE CURRENT 600 TRANSFER LAW.  So I am looking to buy these and not worry about extra tax reporting.

I would have purchase an  in hand sp10 but was offered a deal in btc only not paypal. I was offered to buy an sp30 and that was also btc purchase.

I trusted the seller but with reporting laws I did not buy the gear.   My last over 600 usd purchase was a grid seed blade I did this purchase via paypal.

I did a purchase of 2800 for a 1th dragon miner  and that was paypal.

What make these rx box items interest me is the sale price will work with btc reporting laws of the USA.  

These laws do not apply if you are not running a btc business, but i am so I have to report any 600 usd  of btc  transfer.

Rockminer read your post, and understood that their price is 'too good', so they increased it to 1 BTC on their web site...

It would be nice if it was priced under about USD 500, as the import threshold for GST in Australia is AUD500 (which the Antminer S1 met, but Bitmain probably was not aware of this).

Cheers

[RoadStress]

road stress has the best gear available in the world the sp10 and eventually the sp30 will be better gear.     But simple math shows  buying the rk-box is a better purchase .     I can earn from June 30th to Sept 30th   ...   The sp30 is delayed too long.

 Also  if you are in the USA and buy a rx-box at .9btc you are not subject to US federal reporting laws.

 A transfer of .9btc x 600 usd = 540 USD   UNDER THE CURRENT 600 TRANSFER LAW.  So I am looking to buy these and not worry about extra tax reporting.

I would have purchase an  in hand sp10 but was offered a deal in btc only not paypal. I was offered to buy an sp30 and that was also btc purchase.

I trusted the seller but with reporting laws I did not buy the gear.   My last over 600 usd purchase was a grid seed blade I did this purchase via paypal.

I did a purchase of 2800 for a 1th dragon miner  and that was paypal.

What make these rx box items interest me is the sale price will work with btc reporting laws of the USA.  

These laws do not apply if you are not running a btc business, but i am so I have to report any 600 usd  of btc  transfer.

Thank you! Don't forget shipping costs too for the rx-box.

I don't understand how come you didn't get a SP10 for $2800 and you got a 1TH dragon miner, but it's your choice and I respect that.

[xzempt]

is the raspberry pi included?

[philipma1957]

These laws do not apply if you are not running a btc business, but i am so I have to report any 600 usd  of btc  transfer.

Finally, I got it, before that number of $600 that you cite was a complete mystery.
I know that any business that pays a person more than $600 in one tax year has to give out form 1099, but that's all. I was not sure that purchasing something qualifies as well.
Such purchase does qualify as expense on a yearly tax report, but that's trivial.
I am not sure what exactly you gain by NOT having your RK-box booked as an expense which could be used to offset the revenue, but i am not a tax expert.

 

I do not have to fully explain the history of the btc transferred if it is under 600usd. 

I can say purchased a rx-box for 580usd.    if the price was 580 usd the day i purchase it.

  now if I buy a 3000 usd sp10    all in coin I need to completely explain  the full history of the 5.2 btc I paid with.

Or I am not compliant  with current law. 

 So Lets say I purchased 3000 usd worth of coin from coin base wait 7 days for it to transfer I have to list price paid.

  I have to list price it was worth when transferred  which is not to complicated if I bought from coinbase and moved it 8 days later….. But if the coins came from 6 sales here of .1 or .2 btc and from 3 miners and from coinbase it is a lot more complicated.

 So until irs gets it shit together I no longer do coin movements or transferers over 600 usd.

 I will use paypal which is how I purchased  my 1th dragon miner……

 I will use cc's which is how i purchased 5 gridseed blades.  at about 650 usd each.  I have a lot of back history with fed tax law so I really try to cross the t's and dot the i's

[bobsag3]

is the raspberry pi included?

No.

[ProudMiner]

The prototype looks like four independent miners each with its own power and controller/usb interface. Is the end product going to be like this?

Yeah seriously, are we going to need a USB hub for each miner? 

[gigacoiner]

In the shop page, if you buy 4, the price goes down to 99 mbtc?
4 of these is almost 2 TH and the price for all 4 is only 396 mBtc?
Doesn't that sound too good to be true?

[Blaater]

In the shop page, if you buy 4, the price goes down to 99 mbtc?
4 of these is almost 2 TH and the price for all 4 is only 396 mBtc?
Doesn't that sound too good to be true?

They already changed it

[bobsag3]

The prototype looks like four independent miners each with its own power and controller/usb interface. Is the end product going to be like this?

Yeah seriously, are we going to need a USB hub for each miner? 

No you will not.

[TinyBBC]

This machine looks like very nice, interested to buy

[Biodom]

Gosh, the marketing materials get more and more confusing.

"raspberry pi and it's power supply for every 2 units"

so, do you need just one rasp pi for every two units or you need two (one for each RK-box)?
If you need two, then how many are included if you order 2 RK-boxes? One or two?

[thcmakaveli]

In the shop page, if you buy 4, the price goes down to 99 mbtc?
4 of these is almost 2 TH and the price for all 4 is only 396 mBtc?
Doesn't that sound too good to be true?

yeah and if you consider rPI and PSU for the miner  .... It is almost the same price if you buy 2 x 1 TH miners, but you have to wait 15 more days till you receive ur RK Box

[Glizlack]

This does look interesting. I don't have the budget currently to buy a 1t machine or higher but I can afford one of these. The power is a bit more than I had anticipated from the new am3 chips but still not awfull. Does anybody know any of the other variations they are planning on offering?

Steve

[bobsag3]

This does look interesting. I don't have the budget currently to buy a 1t machine or higher but I can afford one of these. The power is a bit more than I had anticipated from the new am3 chips but still not awfull. Does anybody know any of the other variations they are planning on offering?

Steve

There will be a 64 chip version.

[denniscdunbar]

Shipping to USA @ 0.25BTC  seems a bit high for a miner that costs 1.05BTC


DoubleDD

[bobsag3]

Shipping to USA @ 0.25BTC  seems a bit high for a miner that costs 1.05BTC


DoubleDD

We have them for sale from the US with much more reasonable shipping @ 599 for forum members.
https://bitcointalk.org/index.php?topic=615464.0

[CrazyGuy]

I will also be shipping from the US. We'll be taking orders as soon as units begin shipping from China.

[infernoman]

any canadian resellers yet? and just looking for some clarification here.
will i be able to use a dedicated pc for the usb cables instead of r-pi?
and will the prices of the miners be adjust per batch or daily like bitmain?