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[Guide] NVIDIA & AMD PTS GPU Mining - Page 610

post #6091 of 6478
Quote:
Originally Posted by beaker7 View Post

Boom

http://arstechnica.com/tech-policy/2014/03/irs-bitcoin-is-property-like-a-stock-or-bond-and-not-a-currency/

Distant sounds of BTC bubble bursting, growing louder.

This is awesome. Knew it would happen sooner or later.

Too much money passing hands.

So basically this means you can also claim losses if they are treating this as stock.
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post #6092 of 6478
yay for PTS, ypool takes days to confirm and 1 gh takes well, i dont even think it takes to be honest, dont even think 99.99% of coin show up after mining and thats using 1gh pts miner with its simple instructions.

my rant on the arstechnica article posting above Warning: Spoiler! (Click to show)
fortunately the irs doesnt write or legislate law from their meeting room nor have a place in private citizen money of this nature. Actually we dont need to do anything unless we want to empower them just because they issue an opinion with a FAQ.
It looks like a federal judge has already stated tax implication.
If they wanna some how give the impression of "catching" people doing something it has no business in telling what to do or make up rules about in the first place, then it looks like more court for them to attend.
Its an international entity now and has nothing to do with cheating the united states or its tax system.

But its an important step for all those involved to stand together with their pardners and competition and make sure not to give an inch of that kinda regulation to operate, coin creation, exchanges and everything else that goes with this.. its only an inch but then its reporting on your self so they then can design regulations on how to squeeze your pennies and then hen pecking and then a mess. So just say no from the beginning loud and clear by not acknowledging, and then in court you say "look what the judge said".

They dont get to tell people what is and what isnt. and Im not against the man and tax system and appreciate its intentions, but the irs telling the world what is and what isnt just makes me scratch my head.

Edited by dovaboy - 3/25/14 at 2:19pm
post #6093 of 6478
Quote:
Originally Posted by dovaboy View Post

yay for PTS, ypool takes days to confirm and 1 gh takes well, i dont even think it takes to be honest, dont even think 99.99% of coin show up after mining and thats using 1gh pts miner with its simple instructions.

I really want to get back into PTS.

Is 1GH taking long or are you saying you are not getting your coins you mined?
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post #6094 of 6478
Quote:
Originally Posted by Hukkel View Post

If the price stays the same as now and the diff will be just above what you see there we're basically back to the point when this thread began. Value of about 0,013 BTC and diff of about 0,013.

So yes it will be nice and profitable again.
Sadly though the difficulty seems to go up 100x faster than it drops.
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post #6095 of 6478
Quote:
Originally Posted by lightsout View Post

Sadly though the difficulty seems to go up 100x faster than it drops.

Well that is the system. It revalues every so many blocks. If diff is low and everyone mines the blocks go fast and so will the new evaluate moment. If the diff is high and no one mines then it takes ages for that many blocks to pass.
 
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post #6096 of 6478
Last 50 blocks: 6,713,558.13 cpm ETA: 20d 09:02:04
Last 15 blocks: 7,737,878.39 cpm ETA: 17d 16:17:51
Last 5 blocks: 13,284,018.51 cpm ETA: 10d 07:09:04

Thats a pretty good increase suddenly
post #6097 of 6478
Some CPM headed that way now. WTH
     
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post #6098 of 6478
got some unconfirmed PTS in my wallet but when it be confirmed ?
does it take time ?
     
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post #6099 of 6478
Thread Starter 
Quote:
Originally Posted by naved777 View Post

got some unconfirmed PTS in my wallet but when it be confirmed ?
does it take time ?

If I remember correctly it'll take 15-20 minutes at most
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post #6100 of 6478
Quote:
Originally Posted by DizZz View Post

If I remember correctly it'll take 15-20 minutes at most
Thank You smile.gif
it's now showing up in confirmed balance
now i have sent 0.6PTS to Bter but its not showing up in bter.Is it instant or it takes time too ?
     
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