Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Searing
on 21/05/2014, 04:14:46 UTC
Yeah I bought a titan a while back and I am regretting it. I would 100% take a refund if it was possible. I did some searching but mostly the good news about their previous product was shining through at the time plus obviously I was stupid and didn't look hard enough.

me too...Titan upgrade got it 2 weeks before KNC seemed to go off the rails and before IRS guidelines....so my timing was .what shall I
say....less then inspired?

we can start a thread/club

I got myself in a (hopefully unique and not apply to you guys in USA or outside USA) situation with the bank so I am now "legit" in USA as a miner
subject to 25% tax on miner profits (better then IRS on my a*s) whew!

so I can 'depreciate' equipment costs from gross income mining over next 5 years under current guidelines

it still sucks but it is something I can get back if the Titan craps out somehwhat..maybe 40% back to equipment costs before Titan goes defuncto

but then again all of us are in that boat who have 'equipment' the 'BTC has to fly" for 4 or 5 years just to recoup equip/elec on this 'hobby'

live an learn

Searing