Topic: My second ZEC + XMR+ ETH thread builds info links thoughts and photos. - page 17. (Read 147935 times)

I don't want the thread to be sidetracked any more by windows 10 activation discussion .

The gear comes with  windows 10 and it was altered to  windows 10 enterprise LTSB

which is allowed by microsoft.  in fact they give the information on their own website.

Windows enterprise is need to do   8 cards.

and windows won't sell you a 1 pc code for a windows 10 you switched to windows enterprise using the info given to you from microsoft

ONCE AGAIN I AM ASKING WINDOWS/MICROSOFT TO SELL ME A 1 PC CODE.

IF THEY DON'T LET ME BUY THE CODE BUT LET ME CHANGE MY WINDOWS 10 FROM PRO TO ENTERPRISE LTSB   THAT IS WINDOWS /

MICROSOFT'S CHOICE.

To further clarify this..  the  code give on microsoft's website only works on a good copy of windows 10. As per the info on microsoft's website.

So as far as I am concerned I am fine with this arrangement.  If Microsoft  has a problem  once again I am willing to pay them  for a 1 pc key.

No more questions on the software.


Some more on the hard ware.

the stock psu uses only 220-240 volts  it pulls 4.5 amps  or 1080 watts doing   1715 h

the evga 1600 g2 uses 110-240 volts it pulls  4.3 amps or 1032 watts doing 1715h

I buy Windows 10 Pro for OEM and have to register each new Rig I build.

I wouldn't worry about activation at all.. Microsoft doesn't care anymore.. we are free to use win10 without activation, forever, legally as far as I can tell from my research.

yeah  looks like this will all be solved by this thread.


https://bitcointalk.org/index.php?topic=1736623.new#new

from thread above linux doing 1696

My bet is (based on absolute silence from them) - PM even did not think that using bootlegged version is a problem. It is just a way of how licences are treated in China.

Similar situation was in Russia in 2000's, which was finished basically in one day - when a school teacher was imprisoned for installation in  school ~20 bootlegged versions of Windows. Since then - 99% of all software is legal.

If you haven't discovered kinguin yet, check them out at https://www.kinguin.net/
They are like ebay of serial codes and legit. They also accept Bitcoin and Paypal payments.

I did more research.
Enterprise windows 10 is needed.

Either

 windows 10 enterprise.  The deluxe version
Windows 10 enterprise LTSB THE Stripped version.

And it looks like pandaminer used Microsofts instructions on how to,alter windows 10 into Windows 10 enterprise LTSB which leaves the version not activated.
To compound it you can't buy a code from Microsoft to activate it.

I posted a better explanation. Of it on the other thread.  Basically the issue is Microsoft wants to sell a 10 to 500 pc code.  To a company.  If pandaminer was to buy a 500 pc code they could be ripped off by anyone that finds the code with a key finder.  Then sells it.

Then all the panda miners that are not sold when sold and fired up will not keep activated since 200 or 300 other pcs are using the code ahead of them.

Once again windows could solve this by selling a one pc key to me or,anyone else

Hi Phil - I just ordered 1 x Pandaminer - DHL shipping about 3 days, delivery schedule Thurs AM ... nice, maybe I am closer to Hong Kong their port of shipment.

For the Windows 10 matter in your current post in the Panda review thread.... I think you will need the license specifically for the W10 Enterprise version because earlier this year when I was trying to get a 7xGPU build for ETH - chatter from Ethereum board... Windows 10 will max out at 7 GPU (with 3-1 splitter) but 8 GPU possible in Enterprise version with "registry hack". Of course Linux can go more like that dude who did the 30 x GPU monster with PCI extension board. I know Claymore had to do a special update to ETH Dual Miner to see that many cards.

 My Sapphires are blower type but not sure if they're ref.

 One runs 68 c at about 75% fan the other 71 c at about 78% fan.

 The hotter one has only about 1 slot of space between it and the next card, which limits airflow a little.

 These cards will NOT work in a Phil-style 4-card rig (except as the card closest to the CPU) as they have backplates.

 I am having the issue where my GPUS are not working properly again on one of my rigs

hashrates are fluctuating (4 x rx480s) and my average hash rate for 8 hours is 20mhs

last time this happened claymores miner restarted after 30 mins and said

gpus are hanging

miner restart

then its usually fixed,

but in this case its been going overnight , PITA BUG

mayb i should reinstall windows

Hmmm... after what... A week?  It's doing the same darn thing.  I'm going to try W7 instead of W10.  If that doesn't do it, this 990 AMD board will be going to ebay.

honestly unless you are dealing in the 1000s per month i wouldnt even bother with taxes
but for those wanting to know more these two pages have good info on the matter
https://en.bitcoin.it/wiki/Tax_compliance

http://www.forbes.com/sites/laurashin/2015/12/16/bitcoin-at-tax-time-what-you-need-to-know-about-trading-tipping-mining-and-more/#6db83b396692

This tax issue has been on my mind a lot lately so nice to see it brought up here. There doesn't seem to be a lot tax info specifically about cryptocurrency, but seem like it is fair to treat like similar types of businesses... so as several have mentioned here, stock investment would be a key benchmark, at least for the cash-out of coins.

For miners, we should certainly be able to write-off the cost of our equipment, as well as the incremental electricity cost of mining, which can be deducted from your mining income to arrive at a net income to report to the IRS.  It does get a bit tricky here but from what I understand, you should use the value of the coin on the day you received it to track and report its value.  This is also known as your "basis", in tax terms.  Since you acquired this coin as part of a business venture, the net income results must be reported to the IRS.  You also need to keep track of that basis should you ever sell to USD or convert to another coin, which is where things really get convoluted, because in the case of converting to another coin, you then have to deal with adjusted basis and other things.

Now, as for actually buying a coin outright, I am pretty sure you do not have to report that on your tax return.  However, you do need to record the rate that you bought that coin at (your basis) so that should you sell it in the future, you can calculate that profit or loss and then claim that on your tax return.

As for the appreciation of coins you are holding, there should also be no reporting necessary, again, until such time as you decide to sell those coins. This is how stock holdings are treated... meaning if you hold ABC stock at a $50 basis, it goes to $70 in 2017 and $90 in 2018 and $110 in 2019 when you decide to sell it... there would be no tax impact in 2016, 17 or 18, but in 2019, you would be taxed on $60, which is the profit from selling price of $110 less the $50 basis.

What gets really confusing is if you are constantly swapping coins because that make it very difficult to track basis, which you will eventually need when you sell to USD or even use the proceeds to buy goods.

-tt doesnt work on one of my rigs, idk why so i have to manually set fan speeds

Thank you for explanation!

making it mainstream should mean more growth I hope.

Sign of times for BTC in general -- which I think is good for BTC - being more and more recognised.

Cant be helped, eventually any form of income will taxed.

I dont think Coinbase will be able to say no IMHO.

Looking forward to positive outlook for BTC after January change in guards.
 

If one purchases a coin it does have to be reported on taxes as it is considered a stock investment
It's like a 401k investment plan. What you put in is reported on your taxes because that money isn't a taxed income until it is pulled out of the investment

If one only purchased coins - no transaction to bank account, will that person reported to IRS?

Coinbase has reported to the IRS for years about what people have in their accounts
What the problem is those who sold bitcoin and transferred into their bank accounts didn't pay taxes on that income
So Obama wants his money
Honestly you don't have to sell bitcoin anymore with the way the credit/debit cards work now
The laws state that the bitcoins you sell must be reported for income for taxes purposes
mining bitcoin can also be claimed as a business and report on your taxes
So think about all the money in gear and time you put in your rigs claim that as a lose on the tax report

This also only represents mined bitcoins or alt coins
If you buy a bitcoin or alt coin it is considered an investment and treated as a stock investment