Topic: Swedish ASIC miner company kncminer.com - page 1716. (Read 3049501 times)

Fortunately it seems so - but I am still cautious. The latest LTC manipulation was so canny...

...

You... might want to think about that for a couple seconds.

Or see a doctor.

MtGox is becoming less and less relevant.

Rule No1 - You don't plan in Bitcoinland without taking in account the psychofat boy Karpeles!
He used the same trick twice - some idiots never learn their lesson.

He pumps LTC with a stupid tweet, he cashes out for USD while BTC crashes at his site and he saves his bitcoin reserves who probably went dangerously low from his withdrawal issue...

That's why I will never plan again long term with Bitcoin - ROI and bullshit, he f@cked as so many times!
Terrahash was a black hole - I hope the dump will end for people here so you will not get burned too, I seriously mean it guys...

as your heart also runs at about 60Hz.

damn you! now I have to search the internet for hours before pm'ing you with the question with whom you have the nda!

Hopefully OrSoC have all their DRAM in stock for their SO-DIMM embedded Linux systems:


More on: http://news.idg.no/cw/art.cfm?id=1F7BAFAD-A8EA-72BF-E41ABEB0A9EB98B9

So it seems that HMRC do have a view on BTC apparently (http://www.coindesk.com/hmrc-uk-bitcoin-exchanges-dont-have-to-register-under-money-laundering-regulations/), who'd have thought it - very progressive . No word on VAT

My dad is an electrician, so I grew up around this stuff. 50 Hz doesn't make a lot of difference as far as stepping up or down, but it is safer to handle , as your heart also runs at about 60Hz. Still  a bad idea to make yourself part of the circuit

At any rate, there is just as much flexibility in the USA as in EU, just depends on how you want to install it. In a house or shop that you own, you can get pretty much any power configuration you desire if you have the resources to have it properly installed. In a rental you're pretty well stuck with 220/110. And, unfortunately, most residences have a 200 amp service, so you can't expand a hell of a lot without getting your panel and meter replaced (or a second setup installed).

What I"ve seen being a bigger issue is the incredible variance in generated power in the US. In most of the western states it's pretty clean, and tends to run 3-5 volts RMS above rated. In some of the midwest and the eastern states, I have put a meter on the wall and over a period of an hour seen a +/- variance of up to 30 percent. That will let the smoke out of your electronics. It is well worth the money to get a UPS and very good line spike protection when dealing with potentially sensitive electronics. Line power hasn't gotten any better, but electronics have gotten tougher over the last decade. ASIC mining manchines are likely NOT up to consumer grade standards. Don't let a utility company kill your investment.

The Korean press reports that a huge explosion and fire in Hynix's fabrication plants 1 and 2 in China may put DRAM shipments on hold for the foreseeable future. Hynix is responsible for about 30% of the world's DRAM production.

I could be mistaken, but I'm thinking 60hz could step higher than 50?
But of course we have 3 phase vs. ?  Not that this matters any....

VAT is a minefield, that's why many businesses in the UK stay under the threshold to avoid the hassle. I think the mining business could be one where it is simple enough and beneficial to be registered though.

My mate is a freelance programmer, he is also his own limited company. He is VAT registered as his turnover is above the threshold.
This makes him more expensive to pay by 20% but as he works for large companies they claim that back...this is what is a the pest, the paperwork for nothing. What is cool though is that all his equipment and allowable expenses are fed to the tax man, and any VAT he pays he can recover. He is a small business and pays an accountant but doesn't need to really.
I asked him about this and was thinking of getting him to pay for my rig, then he could claim back that VAT and some tax relief too. His accountant said no problem. Even with the purpose of this bit of computer equipment being to mine coins..he said the same thing I thought...how would anyone know that? It's office equipment to them and they won't have a scooby doo what a bitcoin is, and even if they did...what amount would they tax you on? He said that the tax man would probably come into it when you made a capital gain selling BTC. Either way they can't check what you have. lol

AFAIK there's no VAT on shares in a company..I've never paid any. If the business was well set up I'd bet that only services provided to customers would attract VAT. I'd definitely consult a decent VAT accountant though. One thing about the VAT man, he's got some really kickass powers and can make a mess of you if you get it wrong.

You can also mitigate that power cost if you're a company. I think a lot of people with big mining setups could do well registering a company for less than 100 quid and registering for VAT and just making a loss ...getting all the perks on what they buy and what power is used. I used to claim 1/4 of my home lecky bill when I was working from there, that's very normal.

actually O'rama, we (Americans) have both 110 & 220 installed in most households. Just the 220 is usually used for large appliances, like ovens & driers, also come with a plug end(pigtail) the size of a small fist....lol (But it's also @ 60 hz, instead of 50)

I could tell you, but then I'd have to kill you. Keep looking, you should be able to find it.
I thought I was smart finding it, only to find other miners already there. That's the best I can do for now under NDA.

Meanwhile:
https://bitcointalksearch.org/topic/m.3082030

Where were you able to find it so low? Please tell... Been looking myself and the lowest i've found is @ .08/kwh..