Quote from: Spondoolies-Tech on February 27, 2015, 09:03:03 AM

Quote from: Searing on February 27, 2015, 08:57:12 AM

Quote from: Spondoolies-Tech on February 27, 2015, 08:46:58 AM

Quote from: Searing on February 27, 2015, 08:44:35 AM

1PbhCD56EE1ur45UvTca5wEUkAPpTi25oq

Quote from: Spondoolies-Tech on February 27, 2015, 08:18:03 AM

Quote from: takagari on February 27, 2015, 08:13:31 AM

Quote from: Spondoolies-Tech on February 26, 2015, 08:51:20 PM

Quote from: Marvell1 on February 26, 2015, 08:44:21 PM

...
Their saying the definetly WILL NOT produce consumer models for their next gen...

What I said was that our initial form factor for the 3rd gen will be suitable for bulk buyers.
Please read my last messages.

This is fine, as long as that grade is not required at a truck load to buy. I could buy a single 16kw unit. no issue, would like to buy from you and not from a third party, unless you plan to have authorized resellers?

We'll probably sell single units as well. It's not a promise though. I believe that a much better model for a small buyers will be to buy some small percentage of a shared mine.

good I need something (or a legit co-op non profit preferred or small data mine operation with a couple of guys) to string out my equip deprecation of 25% off in taxes due
in 2016 and 2017 (5 years) would help the hit I took in equip purchases vs coin made with this biz option...(have paid no taxes so far...same looks likely for 2015 in my equip to btc/ltc) would be nice to get that last bit those last 2 years to round it off to all my equp being 25% off with no taxes due (a balance between equip and coin made etc)

now if btc/ltc were to go to 1k a coin i'd just pay my taxes due and smile....but looking at options for those who 1) want to still mine hobby or otherwise or 2) are in my boat
and the difficulty vs miners (home or otherwise) I can afford are drying up

It is unlikely that 'cloud mining' would apply to the above (IRS imho would consider that an "investment') with the home miner setup and home biz (the IRS likes my pics) this
has not been an issue

any options feel free to post here or anyone can pm me.....but I ASSUME again..that options other then 'cloud hosting' and 'home mining' are being considered by folk
anyway fishing about for info

(by the by a bank error and filing with SEC in USA forced me to 'file as a legit biz' you can pm me for details I realize this only applies to those of us in my position or
that chose to be legal miners in USA ....on a side note...it seems to have worked out well for me due to btc/ltc's fall in value etc...but I would prefer a rebound in
prices like us all)
complete the full 25% off of equip paid in taxes due (real $$$)

Searing,
Don't get offended, but it's very hard for me to understand your posts. Can you reply in 1-2 lines what you want / need ?

sorry trying to defend self from the pm's saying why the hell am i paying taxes on mining and have it as a biz

what (if you can tell me) are your options different in the future (if any) from just plain 'cloud mining' per say.....as I probably did not say well above...i need equip i can afford
that kinda/sorta in some manner looks like it would make sense to use with some guys in a co-op non profit venture or small group of miners sharing equip or something like that
to round out my miner biz to get the tax breaks of 25% off my equip in the 5 year period ...more or less..I can't just toss money at the problem it has to make at least
close to a profit vs equip and coin mined.....(again straight cloud mining is probably considered investing ..in a mine so to speak vs working a mine so to speak)

so again besides cloud mining or just plain having to buy a 20k or more miner now..and/or no more home miners of any note what if any other options by spondoolies or others
may be being considered at this point in time ...seems to me like a big gap between full out cloud miner investments vs home miner option .....looking for smaller group miner
and or equip options co-op or shared equip or otherwise.....but on a SMALL scale ...(still the home miner budget don' t ya know)

it could be that this is no longer possible and I will have to wrap up my equip depreciation and investment as such 2 years early w/o the benifit of showing revenue
the IRS would accept (ie mining etc) ...but I ran a biz game server/bbs as a co-op years ago so fishing for options that anyone may have heard of or coinsidering
to fill this gap i see or home miner vs cloud mining vs no other options

Searing,
I tried. I really tried.
What we currently offer is SP31 and cloud mining through our partnership with Genesis Mining.
At current rate, we'll probably sell all our SP31 within 1-2 months. Our next gen, later this year won't suitable for home miner.

I hope it answer your questions. If not, I'm sorry.

yeah what i figured thanks anyway...trying to find someone small enough to afford this vs have a decent rep is gonna be hard probably will just have to pool $$$
with folk in my boat and /or geographic area (legal miner) where it makes sense from an equip deprecation sense and such and/or some of us folk who still want to home mine as a hobby. or in my case it still makes a bit of sense to try to mine equip..ie pooled resources...where the 'group" has actual access in some manner to the equip
at hand ...is probably the only way it would fly with the IRS and usa tax man....also co-hosting at these prices with the added equip price on top of such .is not gonna be worth
it either imho (short term)

anyway just like the old days of the game sever/bbs we made as a biz and very large...will just have to beat the bushes for some folk in this area and
in my boat where some equip still makes sense and/or folk who want to home mine and share equip/resources..it will also depend if any future asic equip makes
any kind of sense even in this manner price/hash so to speak...a non-profit co-op would make the most sense ..but is a bitch to organize ...deja vu all over again
thanks sorry about the confusion....but it still may pay for me to mine at a modest level at the next generation of chips ...if home miners were available and if
i could get such a group of like minded folk together....but probably a long shot and.i understand for all others of any note ..you either go big ..get into cloud
hashing or just trading for coin or are already are out of home mining...again myself if you made a next gen unit with a bit more pop at the right price i probably
could still pull this off in my home miner biz format ....if something changes and i find out that cloud hosting thru you guys may work tax/irs/equip depr wise I'll
let you know ...

Quote from: Unacceptable on February 27, 2015, 09:13:45 AM

Yup,another ASIC company goin for the big guys only Cry

Hope you make alot of money............... Roll Eyes

Shoulda forked BTC to X11,13,15 or whatever when we had the chance late 2012 Cool

well truthfully made a lot more money as a legal biz getting equip deprecation from 2013 to 2015
then I made holding coin...(a sad state of the price of btc/ltc etc) but then again I'm still in the
black...just looking for an angle to squeak out some more as long as prices are in the tank (and
hell may stay this way for a couple years going sideways)

w/o this biz aspect (forced into 20/20 hindsight) I would be probably 25% or more in the red
so hey ....wtf ......will dig around some more maybe I'll figure something out..or miracle of miracles
frigging BTC/LTC price was to triple ...i'd care a lot less one way or another