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Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Good ol' fashioned credit cards. Got my refund. GG.
But how did You do it? I've paid by credit card through PayPal. PayPal sent me an email, that they can not do anything, because it is more then 45 days. Actionfraud.police.co.uk sent me email, that they can not do anything, because:
Your report has been assessed by the NFIB and there is insufficient information that
would provide clear lines of investigation at this time. Clear lines of investigation
include, but are not limited to, things such as bank account details where money was
transferred to, names and addresses of the suspect(s) and where appropriate, vehicle
registration details.
So I decided to contact PayPal again and ask them for a banck account details, but the case is closed. And there is no option how to open it again, nor open a new one for the same transaction. Also they are not responding to email communication to service@paypal.com . How can I obtain AlphaTech bank account details? What Can I do now??? Please help.
Don´t go to Paypal! Even if Your CC Bank is asking for it. Start the Claim directley with the Bank, Hosting your CC.
Many People including myself did it that way and got their Money back. In my case within 2 weeks.
Good Luck.
You say I have to start this https://www.moneyclaim.gov.uk/web/mcol/welcome not to Alpha, not to PayPal, but directly to my bank???
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Good ol' fashioned credit cards. Got my refund. GG.
But how did You do it? I've paid by credit card through PayPal. PayPal sent me an email, that they can not do anything, because it is more then 45 days. Actionfraud.police.co.uk sent me email, that they can not do anything, because:
Your report has been assessed by the NFIB and there is insufficient information that
would provide clear lines of investigation at this time. Clear lines of investigation
include, but are not limited to, things such as bank account details where money was
transferred to, names and addresses of the suspect(s) and where appropriate, vehicle
registration details.
So I decided to contact PayPal again and ask them for a banck account details, but the case is closed. And there is no option how to open it again, nor open a new one for the same transaction. Also they are not responding to email communication to service@paypal.com . How can I obtain AlphaTech bank account details? What Can I do now??? Please help.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Not easy to do it at a local police station, me from Austria oO
No, i will check retros posts and links, have to read a lot. As far as i know me, i will file a claim on each site retro provided.
No, i have to sort out the most reliable site, well, i think all of them are kind of reliable, so then i have to find the most promising.
Yea DSR violation is the reason.
No, i will check retros posts and links, have to read a lot. As far as i know me, i will file a claim on each site retro provided.
No, i have to sort out the most reliable site, well, i think all of them are kind of reliable, so then i have to find the most promising.Yea DSR violation is the reason.
How many days have they from first email where you wanted a refund? Is it 30-days?
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Thanks2All for advices, here is email I just send them:
Hello Alpha,
1. Well I must say just again, that I'm not a business customer, I'm an individual. Ask MJAkram, your Accounts manager, he understands it , see attached Tax01. You don't even know for what I would use purchased hardware, so the statement "the hardware we are selling can only be used for mining cryptocurrencies which is a business practice according to HMRC" is completely nonsense. What if I use it for science/experimentation purposes?
2. I have no business license, I am a standart consumer and I'm not acting as a business. That's only your fradulent claim. There is NO WHERE in the HMRC does it say that mining cryptocurrencies is only a business activity. HMRC do not classify mining as a business activity, it can be done as an individual and profits treated as a Capital Gain not income. See this:
HMRC identified that all generation of profits from cryptocurrency transactions are taxable as corporate OR personal income tax. There was not specification that the income generated was specifically corporate tax. I hope this puts this B#$@#HIT that Fiaz is spouting to rest.
http://www.hmrc.gov.uk/briefs/vat/brief0914.htm
Corporation Tax, Income Tax and Capital Gains Tax treatment of Bitcoin and similar cryptocurrencies
As with any other activity, whether the treatment of income received from, and charges made in connection with, activities involving Bitcoin and other similar cryptocurrencies will be subject to Corporation Tax, Income Tax OR Capital Gains Tax depends on the activities and the parties involved.
Whether any profit or gain is chargeable or any loss is allowable will be looked at on a case-by-case basis taking into account the specific facts. Each case will be considered on the basis of its own individual facts and circumstances. The relevant legislation and case law will be applied to determine the correct tax treatment. Therefore, depending on the facts, a transaction may be so highly speculative that it is not taxable or any losses relievable.. For example gambling or betting wins are not taxable and gambling losses cannot be offset against other taxable profits.
For businesses which accept payment for goods or services in Bitcoin there is no change to when revenue is recognised or how taxable profits are calculated.
Corporation Tax: The profits or losses on exchange movements between currencies are taxable. For the tax treatment of virtual currencies, the general rules on foreign exchange and loan relationships apply. We have not at this stage identified any need to consider bespoke rules.
For companies, exchange movements are determined between the companys functional currency (usually the currency in which the accounts are prepared) and the other currency in question. If there is an exchange rate between Bitcoin and the functional currency then this analysis applies. Therefore no special tax rules for Bitcoin transactions are required. The profits and losses of a company entering into transactions involving Bitcoin would be reflected in accounts and taxable under normal Corporation Tax rules.
Income Tax: The profits and losses of a non-incorporated business on Bitcoin transactions must be reflected in their accounts and will be taxable on normal income tax rules.
Chargeable gains - Corporation Tax and Capital Gains Tax: If a profit or loss on a currency contract is not within trading profits or otherwise within the loan relationship rules, it would normally be taxable as a chargeable gain or allowable as a loss for Corporation Tax or Capital Gains Tax purposes. Gains and losses incurred on Bitcoin or other cryptocurrencies are chargeable or allowable for Capital Gains Tax if they accrue to an individual OR, for Corporation Tax on chargeable gains if they accrue to a company.
3. About the terms - what terms did you fulfiled? The one about updates every week? With video and/or pictures? Or the one about project completion on 15.7.2014 (See the roadmap attachment.)? If you are going to consider your news items as contractual terms, then what about the other terms you are violating??? See the roadmap attachment.
4. There has been UK Citizens Advice Bureau contacted and they clearly explain this about distance orders:
Your rights and obligations
When you enter into a contract with a trader by means of a distance communication (telephone, internet, mail order etc.) you will often have cancellation rights under what is known as the Distance Selling Regulations. These state you are entitled to a written notice confirming the details of your order and the fact you have cancellation rights. If you have been given the notice at the time you place the order, your cancellation rights run from the time of order until 7 working days starting from the day after you receive the goods. If you have not been provided with this written information, your cancellation rights are extended for up to 3 months and 7 working days. The trader must provide this refund within thirty days.
So as is written in my first email, I did everything according to law and now you have 30 days starting from 21.07.2014 to do a full refund to me.
Kind regards
...............
Hello Alpha,
1. Well I must say just again, that I'm not a business customer, I'm an individual. Ask MJAkram, your Accounts manager, he understands it , see attached Tax01. You don't even know for what I would use purchased hardware, so the statement "the hardware we are selling can only be used for mining cryptocurrencies which is a business practice according to HMRC" is completely nonsense. What if I use it for science/experimentation purposes?
2. I have no business license, I am a standart consumer and I'm not acting as a business. That's only your fradulent claim. There is NO WHERE in the HMRC does it say that mining cryptocurrencies is only a business activity. HMRC do not classify mining as a business activity, it can be done as an individual and profits treated as a Capital Gain not income. See this:
HMRC identified that all generation of profits from cryptocurrency transactions are taxable as corporate OR personal income tax. There was not specification that the income generated was specifically corporate tax. I hope this puts this B#$@#HIT that Fiaz is spouting to rest.
http://www.hmrc.gov.uk/briefs/vat/brief0914.htm
Corporation Tax, Income Tax and Capital Gains Tax treatment of Bitcoin and similar cryptocurrencies
As with any other activity, whether the treatment of income received from, and charges made in connection with, activities involving Bitcoin and other similar cryptocurrencies will be subject to Corporation Tax, Income Tax OR Capital Gains Tax depends on the activities and the parties involved.
Whether any profit or gain is chargeable or any loss is allowable will be looked at on a case-by-case basis taking into account the specific facts. Each case will be considered on the basis of its own individual facts and circumstances. The relevant legislation and case law will be applied to determine the correct tax treatment. Therefore, depending on the facts, a transaction may be so highly speculative that it is not taxable or any losses relievable.. For example gambling or betting wins are not taxable and gambling losses cannot be offset against other taxable profits.
For businesses which accept payment for goods or services in Bitcoin there is no change to when revenue is recognised or how taxable profits are calculated.
Corporation Tax: The profits or losses on exchange movements between currencies are taxable. For the tax treatment of virtual currencies, the general rules on foreign exchange and loan relationships apply. We have not at this stage identified any need to consider bespoke rules.
For companies, exchange movements are determined between the companys functional currency (usually the currency in which the accounts are prepared) and the other currency in question. If there is an exchange rate between Bitcoin and the functional currency then this analysis applies. Therefore no special tax rules for Bitcoin transactions are required. The profits and losses of a company entering into transactions involving Bitcoin would be reflected in accounts and taxable under normal Corporation Tax rules.
Income Tax: The profits and losses of a non-incorporated business on Bitcoin transactions must be reflected in their accounts and will be taxable on normal income tax rules.
Chargeable gains - Corporation Tax and Capital Gains Tax: If a profit or loss on a currency contract is not within trading profits or otherwise within the loan relationship rules, it would normally be taxable as a chargeable gain or allowable as a loss for Corporation Tax or Capital Gains Tax purposes. Gains and losses incurred on Bitcoin or other cryptocurrencies are chargeable or allowable for Capital Gains Tax if they accrue to an individual OR, for Corporation Tax on chargeable gains if they accrue to a company.
3. About the terms - what terms did you fulfiled? The one about updates every week? With video and/or pictures? Or the one about project completion on 15.7.2014 (See the roadmap attachment.)? If you are going to consider your news items as contractual terms, then what about the other terms you are violating??? See the roadmap attachment.
4. There has been UK Citizens Advice Bureau contacted and they clearly explain this about distance orders:
Your rights and obligations
When you enter into a contract with a trader by means of a distance communication (telephone, internet, mail order etc.) you will often have cancellation rights under what is known as the Distance Selling Regulations. These state you are entitled to a written notice confirming the details of your order and the fact you have cancellation rights. If you have been given the notice at the time you place the order, your cancellation rights run from the time of order until 7 working days starting from the day after you receive the goods. If you have not been provided with this written information, your cancellation rights are extended for up to 3 months and 7 working days. The trader must provide this refund within thirty days.
So as is written in my first email, I did everything according to law and now you have 30 days starting from 21.07.2014 to do a full refund to me.
Kind regards
...............
Their answer was:
Hello there,
We are very sorry but as per our cancellation policy it has been longer
than 5 months since you placed your order therefore you are no longer
eligible for a refund.
Best Regards,
Alpha Technology Team
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Thanks2All for advices, here is email I just send them:
Hello Alpha,
1. Well I must say just again, that I'm not a business customer, I'm an individual. Ask MJAkram, your Accounts manager, he understands it , see attached Tax01. You don't even know for what I would use purchased hardware, so the statement "the hardware we are selling can only be used for mining cryptocurrencies which is a business practice according to HMRC" is completely nonsense. What if I use it for science/experimentation purposes?
2. I have no business license, I am a standart consumer and I'm not acting as a business. That's only your fradulent claim. There is NO WHERE in the HMRC does it say that mining cryptocurrencies is only a business activity. HMRC do not classify mining as a business activity, it can be done as an individual and profits treated as a Capital Gain not income. See this:
HMRC identified that all generation of profits from cryptocurrency transactions are taxable as corporate OR personal income tax. There was not specification that the income generated was specifically corporate tax. I hope this puts this B#$@#HIT that Fiaz is spouting to rest.
http://www.hmrc.gov.uk/briefs/vat/brief0914.htm
Corporation Tax, Income Tax and Capital Gains Tax treatment of Bitcoin and similar cryptocurrencies
As with any other activity, whether the treatment of income received from, and charges made in connection with, activities involving Bitcoin and other similar cryptocurrencies will be subject to Corporation Tax, Income Tax OR Capital Gains Tax depends on the activities and the parties involved.
Whether any profit or gain is chargeable or any loss is allowable will be looked at on a case-by-case basis taking into account the specific facts. Each case will be considered on the basis of its own individual facts and circumstances. The relevant legislation and case law will be applied to determine the correct tax treatment. Therefore, depending on the facts, a transaction may be so highly speculative that it is not taxable or any losses relievable.. For example gambling or betting wins are not taxable and gambling losses cannot be offset against other taxable profits.
For businesses which accept payment for goods or services in Bitcoin there is no change to when revenue is recognised or how taxable profits are calculated.
Corporation Tax: The profits or losses on exchange movements between currencies are taxable. For the tax treatment of virtual currencies, the general rules on foreign exchange and loan relationships apply. We have not at this stage identified any need to consider bespoke rules.
For companies, exchange movements are determined between the companys functional currency (usually the currency in which the accounts are prepared) and the other currency in question. If there is an exchange rate between Bitcoin and the functional currency then this analysis applies. Therefore no special tax rules for Bitcoin transactions are required. The profits and losses of a company entering into transactions involving Bitcoin would be reflected in accounts and taxable under normal Corporation Tax rules.
Income Tax: The profits and losses of a non-incorporated business on Bitcoin transactions must be reflected in their accounts and will be taxable on normal income tax rules.
Chargeable gains - Corporation Tax and Capital Gains Tax: If a profit or loss on a currency contract is not within trading profits or otherwise within the loan relationship rules, it would normally be taxable as a chargeable gain or allowable as a loss for Corporation Tax or Capital Gains Tax purposes. Gains and losses incurred on Bitcoin or other cryptocurrencies are chargeable or allowable for Capital Gains Tax if they accrue to an individual OR, for Corporation Tax on chargeable gains if they accrue to a company.
3. About the terms - what terms did you fulfiled? The one about updates every week? With video and/or pictures? Or the one about project completion on 15.7.2014 (See the roadmap attachment.)? If you are going to consider your news items as contractual terms, then what about the other terms you are violating??? See the roadmap attachment.
4. There has been UK Citizens Advice Bureau contacted and they clearly explain this about distance orders:
Your rights and obligations
When you enter into a contract with a trader by means of a distance communication (telephone, internet, mail order etc.) you will often have cancellation rights under what is known as the Distance Selling Regulations. These state you are entitled to a written notice confirming the details of your order and the fact you have cancellation rights. If you have been given the notice at the time you place the order, your cancellation rights run from the time of order until 7 working days starting from the day after you receive the goods. If you have not been provided with this written information, your cancellation rights are extended for up to 3 months and 7 working days. The trader must provide this refund within thirty days.
So as is written in my first email, I did everything according to law and now you have 30 days starting from 21.07.2014 to do a full refund to me.
Kind regards
...............
Hello Alpha,
1. Well I must say just again, that I'm not a business customer, I'm an individual. Ask MJAkram, your Accounts manager, he understands it , see attached Tax01. You don't even know for what I would use purchased hardware, so the statement "the hardware we are selling can only be used for mining cryptocurrencies which is a business practice according to HMRC" is completely nonsense. What if I use it for science/experimentation purposes?
2. I have no business license, I am a standart consumer and I'm not acting as a business. That's only your fradulent claim. There is NO WHERE in the HMRC does it say that mining cryptocurrencies is only a business activity. HMRC do not classify mining as a business activity, it can be done as an individual and profits treated as a Capital Gain not income. See this:
HMRC identified that all generation of profits from cryptocurrency transactions are taxable as corporate OR personal income tax. There was not specification that the income generated was specifically corporate tax. I hope this puts this B#$@#HIT that Fiaz is spouting to rest.
http://www.hmrc.gov.uk/briefs/vat/brief0914.htm
Corporation Tax, Income Tax and Capital Gains Tax treatment of Bitcoin and similar cryptocurrencies
As with any other activity, whether the treatment of income received from, and charges made in connection with, activities involving Bitcoin and other similar cryptocurrencies will be subject to Corporation Tax, Income Tax OR Capital Gains Tax depends on the activities and the parties involved.
Whether any profit or gain is chargeable or any loss is allowable will be looked at on a case-by-case basis taking into account the specific facts. Each case will be considered on the basis of its own individual facts and circumstances. The relevant legislation and case law will be applied to determine the correct tax treatment. Therefore, depending on the facts, a transaction may be so highly speculative that it is not taxable or any losses relievable.. For example gambling or betting wins are not taxable and gambling losses cannot be offset against other taxable profits.
For businesses which accept payment for goods or services in Bitcoin there is no change to when revenue is recognised or how taxable profits are calculated.
Corporation Tax: The profits or losses on exchange movements between currencies are taxable. For the tax treatment of virtual currencies, the general rules on foreign exchange and loan relationships apply. We have not at this stage identified any need to consider bespoke rules.
For companies, exchange movements are determined between the companys functional currency (usually the currency in which the accounts are prepared) and the other currency in question. If there is an exchange rate between Bitcoin and the functional currency then this analysis applies. Therefore no special tax rules for Bitcoin transactions are required. The profits and losses of a company entering into transactions involving Bitcoin would be reflected in accounts and taxable under normal Corporation Tax rules.
Income Tax: The profits and losses of a non-incorporated business on Bitcoin transactions must be reflected in their accounts and will be taxable on normal income tax rules.
Chargeable gains - Corporation Tax and Capital Gains Tax: If a profit or loss on a currency contract is not within trading profits or otherwise within the loan relationship rules, it would normally be taxable as a chargeable gain or allowable as a loss for Corporation Tax or Capital Gains Tax purposes. Gains and losses incurred on Bitcoin or other cryptocurrencies are chargeable or allowable for Capital Gains Tax if they accrue to an individual OR, for Corporation Tax on chargeable gains if they accrue to a company.
3. About the terms - what terms did you fulfiled? The one about updates every week? With video and/or pictures? Or the one about project completion on 15.7.2014 (See the roadmap attachment.)? If you are going to consider your news items as contractual terms, then what about the other terms you are violating??? See the roadmap attachment.
4. There has been UK Citizens Advice Bureau contacted and they clearly explain this about distance orders:
Your rights and obligations
When you enter into a contract with a trader by means of a distance communication (telephone, internet, mail order etc.) you will often have cancellation rights under what is known as the Distance Selling Regulations. These state you are entitled to a written notice confirming the details of your order and the fact you have cancellation rights. If you have been given the notice at the time you place the order, your cancellation rights run from the time of order until 7 working days starting from the day after you receive the goods. If you have not been provided with this written information, your cancellation rights are extended for up to 3 months and 7 working days. The trader must provide this refund within thirty days.
So as is written in my first email, I did everything according to law and now you have 30 days starting from 21.07.2014 to do a full refund to me.
Kind regards
...............
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Received the same e mail from them, replied to this and waiting still for an answer or full refund.
Can You please post the email here? It can help others, including me :-)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Regarding Lawyers. Why waste your time when you can get every penny back through small claims online for as little as £70? If you want to try and coordinate a complicated class action across multiple counties over the internet by all means give it a try. But by the time you get to court, Alpha will probably have folded and disappeared with your money. Personally I'd just pay the £70, have a Judge rule on it, and get my money back all from the comfort of my computer desk. But its up to you.
How?
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Alpha will not refund anything - see this:
Me:
Hello Alpha,
>
> Ive cancelled my order and want my money back. Here are the rules
> you put on the web, Its also screenshoted on many forums:
>
here is screenshot of https://alpha-t.net/terms-order/ where is not any word about 5 month and after that nothing is refunded
> Cancellation & Refund Policy
>
> You may cancel your order at any time before shipment. Once the
> equipment has been shipped, it is no longer to possible to cancel your
> order and/or request a refund. Should you encounter a problem with
> your product, please see the warranty section for more information
> regarding warranty on our products.
>
> Should you cancel your order, you agree that we are allowed to charge
> you with a £70 GBP administrative fee. We will deduct the
> administrative fee from the amount due to be refunded to you in
> accordance with the terms above before we process the refund. We may
> also deduct transaction fees from the to be refunded amount in the
> event that your payment method or credit card issuer does not support
> refunds, thereby forcing us to refund you in another manner.
>
> So Im expecting 1565,- £ coming to my bank account.
>
> Please note me within one week when I can expect my money , thank you.
> Just one important information my order number is xxxxx
> Maybe just one more:
> I am not a business customer because i dont have a company
> registration number, I dont have a tax number, I even wasnt asked for
> that kind of information at the moment i placed my order, a placement
> of an order on your website doesnt turn me into a business customer,
> im still an individual.
And their reply:
Hello there,
We are very sorry but as per our cancellation policy it has been longer
than 5 months since you placed your order therefore you are no longer
eligible for a refund. We have been very clear and open with our terms
of order, it was released as a news update, it is easily available on
our website and you are urged to view it on the product page before you
order. Such regulations only apply to consumers and you are a business
customer with us. I can assure you that our legal matters are dealt with
by a leading law firm in the UK. Our terms of order are completely legal
in the UK. It was typed up by solicitors who specialize in this area of
law. They have advised us that all our customers will be legally classed
as businesses for many reasons, one being that the hardware we are
selling can only be used for mining cryptocurrencies which is a business
practice according to HMRC.
Best Regards,
Alpha Technology Team
...So, what now? What can I do? I'm not in UK, but Czech republic. What dou you suggest?
Me:
Hello Alpha,
>
> Ive cancelled my order and want my money back. Here are the rules
> you put on the web, Its also screenshoted on many forums:
>
here is screenshot of https://alpha-t.net/terms-order/ where is not any word about 5 month and after that nothing is refunded
> Cancellation & Refund Policy
>
> You may cancel your order at any time before shipment. Once the
> equipment has been shipped, it is no longer to possible to cancel your
> order and/or request a refund. Should you encounter a problem with
> your product, please see the warranty section for more information
> regarding warranty on our products.
>
> Should you cancel your order, you agree that we are allowed to charge
> you with a £70 GBP administrative fee. We will deduct the
> administrative fee from the amount due to be refunded to you in
> accordance with the terms above before we process the refund. We may
> also deduct transaction fees from the to be refunded amount in the
> event that your payment method or credit card issuer does not support
> refunds, thereby forcing us to refund you in another manner.
>
> So Im expecting 1565,- £ coming to my bank account.
>
> Please note me within one week when I can expect my money , thank you.
> Just one important information my order number is xxxxx
> Maybe just one more:
> I am not a business customer because i dont have a company
> registration number, I dont have a tax number, I even wasnt asked for
> that kind of information at the moment i placed my order, a placement
> of an order on your website doesnt turn me into a business customer,
> im still an individual.
And their reply:
Hello there,
We are very sorry but as per our cancellation policy it has been longer
than 5 months since you placed your order therefore you are no longer
eligible for a refund. We have been very clear and open with our terms
of order, it was released as a news update, it is easily available on
our website and you are urged to view it on the product page before you
order. Such regulations only apply to consumers and you are a business
customer with us. I can assure you that our legal matters are dealt with
by a leading law firm in the UK. Our terms of order are completely legal
in the UK. It was typed up by solicitors who specialize in this area of
law. They have advised us that all our customers will be legally classed
as businesses for many reasons, one being that the hardware we are
selling can only be used for mining cryptocurrencies which is a business
practice according to HMRC.
Best Regards,
Alpha Technology Team
...So, what now? What can I do? I'm not in UK, but Czech republic. What dou you suggest?
Exactly 
Bingo! Thx so much!A couple of things...
You need an updated client. You should see
"version": 32463
You can get the current client at dot-bit.org - this will let you see blocks higher than 19200.
If you are mining at Slush's pool, you don't actually need the namecoin client, except to receive your namecoin reward when it is distributed. Just use your usual miner in the usual way.
At some point you will need to do
So I don't need namecoin client to be running. Only if I want to generate a wallet number or do some transactions, right?You need an updated client. You should see
"version": 32463
You can get the current client at dot-bit.org - this will let you see blocks higher than 19200.
If you are mining at Slush's pool, you don't actually need the namecoin client, except to receive your namecoin reward when it is distributed. Just use your usual miner in the usual way.
At some point you will need to do
Code:
namecoind.exe getnewaddress
to get an address for your namecoin rewards, but that's about it. I got all of the blocks updated for name coin
How do You realize there are ALL of them updated?
No need to buy anything.
If you want to mine namecoins you need a miner like guiminer, not the namecoin client (like for mining bitcoins, you don't need the bitcoin client!)
The namecoin client is of course required if you want to have an address to send the namecoins you mine.
As for bitcoin, you need to make sure you downloaded ALL the blocks before checking the balance.
As for domains well, that's WHY namecoins exist, it can be used to get a domain that cannot be taken down, since it exist in the blockchain. So no government, censor, or laws can obscure it. Of course you don't have to use that, just consider namecoins like bitcoin and you are fine.
If you want to mine namecoins you need a miner like guiminer, not the namecoin client (like for mining bitcoins, you don't need the bitcoin client!)
The namecoin client is of course required if you want to have an address to send the namecoins you mine.
As for bitcoin, you need to make sure you downloaded ALL the blocks before checking the balance.
As for domains well, that's WHY namecoins exist, it can be used to get a domain that cannot be taken down, since it exist in the blockchain. So no government, censor, or laws can obscure it. Of course you don't have to use that, just consider namecoins like bitcoin and you are fine.
Here's my:
{
"version" : 32150,
"balance" : 0.00000000,
"blocks" : 19200,
"connections" : 9,
"proxy" : "",
"generate" : false,
"genproclimit" : -1,
"difficulty" : 94037.96111403,
"hashespersec" : 0,
"testnet" : false,
"keypoololdest" : 1318360314,
"paytxfee" : 0.00000000,
"errors" : ""
}
--it looks fine with blocks, but hashespersec is zero. Why? Is it because Slush pool is set to namecoin and bitcoin mining together? Really don't understand it enough.