[Antminer S1 Sales open] Price changes daily, now 0.414 BTC for 180GH/s - page 157.

MrTeal

legendary

Activity: 1274

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Quote from: Bitkoinzz on March 04, 2014, 02:19:10 PM

Quote from: BITMAIN on March 03, 2014, 12:01:31 PM

Modifying typo
Antminer S1 currently mine at about 0.0227754 BTC per day without overclocking. (Current Difficulties: 3,815,723,799)
*Pool luck may increase or decrese the mining rate.

I am getting much more than that overclocked at 204 gh average. Put it this way, if I have 5 antminers all over clocked and running cool I will make .187 a day. I am in a very good pool.

That is about 40% more than PPS rates, so it isn't sustainable. There's nothing special Eclipse is doing, they just got lucky.

iglasses

legendary

Activity: 1148

Merit: 1000

I just paid 1.18 BTC for an antminer and am very confident I can make a profit from it by mining with it OR selling it.

Bitkoinzz

full member

Activity: 218

Merit: 100

Eclipse.They average 3.13 blocks a day. I run at DGM , sometimes PPS if I need coins quick but DGM pays a little more. I have tried BTC Guild. Elgius, Slush, and Eclipse

wpgdeez

hero member

Activity: 728

Merit: 500

What pool are you in because I am averaging .15 on the Guild.

Bitkoinzz

full member

Activity: 218

Merit: 100

Quote from: BITMAIN on March 03, 2014, 12:01:31 PM

Modifying typo
Antminer S1 currently mine at about 0.0227754 BTC per day without overclocking. (Current Difficulties: 3,815,723,799)
*Pool luck may increase or decrese the mining rate.

I am getting much more than that overclocked at 204 gh average. Put it this way, if I have 5 antminers all over clocked and running cool I will make .187 a day. I am in a very good pool.

Bitkoinzz

full member

Activity: 218

Merit: 100

Quote from: s1lverbox on March 04, 2014, 12:42:01 PM

talking about customs, at this moment is not wise to buy anything for this crazy rates. btc is going up so maybe roi will be closer than ever. but it's fools game. to keep mining at decent rate u have to buy more miners.
until something big will appear in sight there is no hope for profit at this moment.

No hope for profit? hahaha. mmmm k
Anyone can profit using these Antminers, especially if you are mining to get the BTC to buy the Antminers.
Just to give an example, I spent $6000 us last month and have made $3200 back in BTC and cash from selling a couple machines.

s1lverbox

legendary

Activity: 2324

Merit: 1039

talking about customs, at this moment is not wise to buy anything for this crazy rates. btc is going up so maybe roi will be closer than ever. but it's fools game. to keep mining at decent rate u have to buy more miners.
until something big will appear in sight there is no hope for profit at this moment.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: vw412fan on March 04, 2014, 12:23:46 PM

Quote from: ?? on ??

got my third new ant today ..

Hi aztec, which Corsair RM supplies are you using?

I have four block erupter cubes happily hashing on an RM1000 (3 normal, 1 oc'd). Just curious.

Cheers,

Cool

rm1000 and rm850 atm ..

i am going to buy more rm1000's soon ..

Overclocked on the rm1000 ? If so, two on each rm1000 ? Thanks again!

--vw

yes .. works well.. i am too busy atm to troubleshoot the ax1200i platinum psu so i am putting it into a new pc build i building atm and only using rm1000's for mining now .

vw412fan

newbie

Activity: 4

Merit: 0

Quote from: ?? on ??

got my third new ant today ..

Hi aztec, which Corsair RM supplies are you using?

I have four block erupter cubes happily hashing on an RM1000 (3 normal, 1 oc'd). Just curious.

Cheers,

Cool

rm1000 and rm850 atm ..

i am going to buy more rm1000's soon ..

Overclocked on the rm1000 ? If so, two on each rm1000 ? Thanks again!

--vw

mikep2012

sr. member

Activity: 362

Merit: 250

Quote from: Jeffrey on March 04, 2014, 11:48:17 AM

whats up with the dots ..
?? ..

it's not his fault, those are his mice droppings Grin

Jeffrey

full member

Activity: 182

Merit: 100

Quote from: aztecminer on March 04, 2014, 11:16:50 AM

i found coupons in my account ..

hopefully i will decide to use them soon ..

i dont want to spend my mined coins though hahaha ..

the three recent i bought was with fiat thru coinbase ..

i will figure out what i doing soon ..

maybe S2 will drop soon and I will be ready for them ..

don't forget ..
you can only ..
use 1 coupon ..
per ordered product ..
by the way ..
whats up with the dots ..
?? ..

aztecminer

legendary

Activity: 1092

Merit: 1000

i found coupons in my account ..

hopefully i will decide to use them soon ..

i dont want to spend my mined coins though hahaha ..

the three recent i bought was with fiat thru coinbase ..

i will figure out what i doing soon ..

maybe S2 will drop soon and I will be ready for them ..

miropp

full member

Activity: 810

Merit: 101

Quote from: loaded101 on March 04, 2014, 10:15:56 AM

I paid 102.55 VAT plus an admin fee of 11 when buying a miner at 1.45BTC. BTC exchange rate at the time was roughly £375 so the VAT is very close to 20% of this value.

Bitmain declared on last invoice for me 800USD/1Unit (ordered 2 units) and UPS now want from me al lot of papers (unlike past), holding shipment in their office and it seems that I will have to pay high VAT and customs charges Sad

But on bitmaintech web site there is promise "The Declaration For The Customs: Reasonable Value Declaration is for EU customers."
So I dont understand...

CroverNo

member

Activity: 98

Merit: 10

Quote from: Jeffrey on March 04, 2014, 10:59:08 AM

Maybe I've missed it, but is Bitmain also lowering the value of the package (customs-wise) when their price in BTC goes down?

I mean, paying €140 for a miner which costs BTC1.45 or paying €140 for a miner which costs less than BTC1 is quite a difference.

Current BTC Price 1.16 = 604.03 Euro - then you pay VAT So Bitmain declares $250USD - 181 Euro

BTC Price is now rising again it was actually cheaper a few days ago when Bitmain had higher price as to correct me if I'm wrong the actual price has gone up for what you are paying for per ant and now the EU fee so its more expensive. It may look cheaper as they lower the prices but you need to take into account BTC price has risen 20% over night

Jeffrey

full member

Activity: 182

Merit: 100

Maybe I've missed it, but is Bitmain also lowering the value of the package (customs-wise) when their price in BTC goes down?

I mean, paying €140 for a miner which costs BTC1.45 or paying €140 for a miner which costs less than BTC1 is quite a difference.

wpgdeez

hero member

Activity: 728

Merit: 500

I hope I get the tracking before the package this time. It's nice to be able to pay the duty in advance so they can just leave the package if no one is home.

CroverNo

member

Activity: 98

Merit: 10

Quote from: loaded101 on March 04, 2014, 10:32:20 AM

Crover - the HMRC declaration relates to sales / purchases / profits on bitcoin or other cryptocurrencies.

It does not relate to purchases of what at the end of the day is electronic hardware. This is no different than if you buy a PC or laptop whether from PC world (where the VAT is included in the price) or from abroad where HMRC require you to pay VAT on delivery.

Many ebay sellers undervalue / pretend they are sending a gift in order to avoid you having to pay VAT / duty on the product. Not only is this illegal, but you as the recipient are liable for any false declaration.

It may well be that due to the large quantity of Antminers being sent to the UK that HMRC have got wise to Bitmain undervaluing and told them to ensure the correct duty is charged or they will seize shipments, which I am afraid they are more than entitled to do.

I'm no fan of paying tax any more than anyone else but I'm afraid there's no easy way round it.

I stand corrected, misread the title and the page I now read has been edited it previous said related eg me thinking anything we buy with Bitcoins but then you could buy a car then import and yeah still pay the value of its worth.

But still Bitmain should ease on the EU Charges Sad

Yeah I agree but there is ways for but 250USD is a high value 150USD was I would say a good cost price for a antminer at the time. UPS never had a problems with customs in my view as when Bitmain says EU the there is not a central customs for EU.

loaded101

member

Activity: 73

Merit: 10

Crover - the HMRC declaration relates to sales / purchases / profits on bitcoin or other cryptocurrencies.

It does not relate to purchases of what at the end of the day is electronic hardware. This is no different than if you buy a PC or laptop whether from PC world (where the VAT is included in the price) or from abroad where HMRC require you to pay VAT on delivery.

Many ebay sellers undervalue / pretend they are sending a gift in order to avoid you having to pay VAT / duty on the product. Not only is this illegal, but you as the recipient are liable for any false declaration.

It may well be that due to the large quantity of Antminers being sent to the UK that HMRC have got wise to Bitmain undervaluing and told them to ensure the correct duty is charged or they will seize shipments, which I am afraid they are more than entitled to do.

I'm no fan of paying tax any more than anyone else but I'm afraid there's no easy way round it.

btmtb

sr. member

Activity: 291

Merit: 250

Scam-Busting PSA: Beware of Black Arrow Software

Quote from: CroverNo on March 04, 2014, 10:23:26 AM

Quote from: loaded101 on March 04, 2014, 10:15:56 AM

I paid 102.55 VAT plus an admin fee of 11 when buying a miner at 1.45BTC. BTC exchange rate at the time was roughly £375 so the VAT is very close to 20% of this value.

I hope Bitmain reads these comments from its customers, £102.55 per Ant is crazy for VAT - HRMC has now declared any Bitcoin related purchase WILL NOT have to be subject to VAT - So please Bitmain get this checked out and comply with laws and not get us smacked on custom charges.

Sorry to be the bearer of bad news. You've totally misinterpreted the ruling here, with your use of the word 'related'. VAT will not be applied to currency exchanges, hardware sales are as VATable as ever.

Quote

"However, HMRC's guidance issued on Monday, said VAT would not be levied, on the basis of EU rules that apply to currencies.

It said Bitcoin trading and other activities, like charges for verifying transactions, "are exempt because they fall within the definition of 'transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments'".

But VAT will apply to suppliers of goods and services sold in exchange for Bitcoin, based on the sterling value of the virtual currency at the point of sale, HMRC said."

- source: http://www.bbc.co.uk/news/business-26426550

CroverNo

member

Activity: 98

Merit: 10

Quote from: loaded101 on March 04, 2014, 10:15:56 AM

I paid 102.55 VAT plus an admin fee of 11 when buying a miner at 1.45BTC. BTC exchange rate at the time was roughly £375 so the VAT is very close to 20% of this value.

I hope Bitmain reads these comments from its customers, £102.55 per Ant is crazy for VAT

Bitmain Website has also now removed the about us page so all email address are gone

If you need to contact them please email:

[email protected]
Or
[email protected]

For firmware updates see the support thread for link to the Github page

Hopefully Bitmain updates the page soon maybe they are getting ready for big update Roll Eyes

Topic: [Antminer S1 Sales open] Price changes daily, now 0.414 BTC for 180GH/s - page 157. (Read 346284 times)