Crypto Currencies ~ " Duck Tales Spin From The Crypt"

Bought that one at $.24 and sold at around $2.20, don’t plan on picking it up again though

 

Asus b250s are on sale

 

That would have been a pretty penny.

 

Plenty of those from it!

 

Octominer 8gpu board

 

Nice never heard of em, not having to do risers is nice but I plan on building up to 13 cards per board. I see the octominers are going for $200. Asus b250s are down to $150.

I may have asked before but what OS do you use or plan to use? I am on SMOS but also have ethOS that I may try out

 

I like 8 per a build myself. Just seems like a good number for a rig. 6 or 8. But i like spreading out and not focusing to much on anything one coin. When something is worth it just a matter of swapping every rig to it.

The octominer is just nice cause its 200 bucks for the board, 8 gpus, and a basic intel cpu all in one package. Just add ram and either a msata drive or usb drive. Its not the most "budget" oriented board by any means but compared to other options its a pretty good deal. $100 for a mobo, $50 for a cpu, then buying risers.

I use windows 10 personally. I tried SMOS but dont like the fact you have to pay to use it. Its a good platform but it never really did anything for me that i couldnt do for free on W10. I tried HiveOS and if i were to swap that would probably be the one i swapped to. Its free for 3 rigs. But i also had a couple old SSD's (60gb sized) laying around so it was easy enough to just use them

 

How many cards can you run off windows 10? I heard there was a limit but looks like that limit has been removed recently based on a quick google search.

I just saw the ready to plug in Octominer for just under $4k, that is not bad at all!

 

I want to say they raised the limit last spring? Then upped it again in the fall update? Something like that at least. I want to say theres something along the lines of you can have 13 regular gpu's but the remaining have mining specific (the p104 types). But I could be wrong since was never interested in that many lol

 

Any signs of slowing down for ETH?

 

Yes, everything is moving up but a correction is due

 

It's a green day.

And not because it's 420

 

Happy 4/20 boys. Any one holding onto Medibloc?

 

why would you want things to slow down

 

So i can make re entry on dip, ill probably stay out tho

How are yall handling the tax aspect of trading gains/losses?

 

little late for that now lol

For next year, if I ever do cash out I will pay taxes on my earnings

The IRS states that the character of a gain or loss from the sale or exchange of a virtual currency depends on whether it’s a capital asset in the hands of a taxpayer

Until that money is in my possession then I won't claim it

 

That makes sense, if the money stays in an exchange whether its a “cash balance” or tied up in coin, it doesnt need to be considered? Only when its pulled from the exchange to a wallet or bank account?

 

You need to cash in $20k before reporting to tax agency I believe.

 

ill be on the moon at that point, surely there are no taxes there

 

I'm still not sure how taxes will work. Surely will need to declare gains when selling back into fiat. I think I read on irs.gov that even trading one crypto for another (like kind exchange) is a taxable event.