Search found 52 matches

by ryguy
Thu Aug 29, 2019 5:14 pm
Forum: Development
Topic: Status as of Monday, August 26, 2019
Replies: 22
Views: 386

Re: Status as of Monday, August 26, 2019

We didn't report them to FinCEN yet because we hadn't looked deeply into the exchange issue, so we probably would have discovered they don't offer exchange services to US customers when we did. Thanks for pointing that out - it's one less thing for us to do. I'm not sure that your assertion about t...
by ryguy
Tue Aug 27, 2019 8:40 pm
Forum: Development
Topic: Status as of Monday, August 26, 2019
Replies: 22
Views: 386

Re: Status as of Monday, August 26, 2019

On a side note in regards to the tax forms, Nicehash is operating illegally by operating servers in the US without sending those forms, so we reported them to the IRS. I expect that they'll either discontinue services to US customers or start issuing the forms soon. They also are operating an excha...
by ryguy
Wed Aug 21, 2019 6:57 am
Forum: Economics and investing
Topic: A Guide to Common US Tax Situations
Replies: 0
Views: 129

Re: A Guide to Common US Tax Situations

Tax avoidance is the legal means to not be liable for/minimization of taxes.

Tax evasion is the illegal method of not paying taxes owed.

I'm not sure if you should be discussing such issues here if you aren't able to use the terms correctly in the first place.
by ryguy
Tue Aug 20, 2019 11:09 am
Forum: Economics and investing
Topic: Books To Learn About The Economy and Investing
Replies: 0
Views: 80

Re: Books To Learn About The Economy and Investing

What you want is a degree in finance, so find the reading list/textbooks for a college that offers that.
by ryguy
Sat Aug 17, 2019 8:59 am
Forum: System support and feedback
Topic: 50% of time mining Bitconnectcoin
Replies: 3
Views: 153

Re: 50% of time mining Bitconnectcoin

Are you sure you're looking at the right coin? I don't see Bitconnect listed in the live coins.
by ryguy
Tue Aug 06, 2019 9:12 am
Forum: News
Topic: Earnings problem under investigation
Replies: 3
Views: 207

Re: Earnings problem under investigation

This issue has been resolved. It turns out that when you declare a variable inside the scope of a "for" loop in Python, the variable still holds its value even after the loop is finished. In any other language, attempting to access the variable after the loop was finished would result in a "variabl...
by ryguy
Wed Jul 24, 2019 9:36 pm
Forum: News
Topic: Upcoming downtime
Replies: 3
Views: 317

Re: Upcoming downtime

The mining server isn't down, but live data is. I'm not sure that this post is related to the present issue.
by ryguy
Tue Jul 23, 2019 1:17 pm
Forum: Economics and investing
Topic: If equity prices crashed by 50%, what would be the first things to buy?
Replies: 1
Views: 153

Re: If equity prices crashed by 50%, what would be the first things to buy?

Shouldn't that list be predicated on the cause of the crash?
by ryguy
Sun Jul 21, 2019 7:44 pm
Forum: Prohashing Blog
Topic: The regulatory compliance of mining pools
Replies: 2
Views: 609

Re: The regulatory compliance of mining pools

Sustaining blockchain technology & earning the digital reward has no "value" until sold. Only your business is applying it has value immediately & your basing that assumption off an asset we may or may not trade/sale for. Why make that assumption? If I direct coin/blockchain mine everything in the ...
by ryguy
Sun Jul 21, 2019 7:37 pm
Forum: Development
Topic: Review of the July 3-4 meeting
Replies: 4
Views: 253

Re: Review of the July 3-4 meeting

Something else to consider with the lack of customers is that there are locations where you can offer up your rig to others in exchange for payment. I'm specifically talking about MiningRigRentals. Comparing the Equihash algorithms, while you are paying somewhere in the neighborhood of 850 sats/KS, ...