The whole "look for code blocks" concept might last a WEEK or two but is far too easy to work around - simple changes in the miner code like inserting a SINGLE NOP instruction would kill THAT idea quickly.
Also, you're not looking at one "block chain", you are looking at one for EACH AND EVERY COIN that is different, and the DATA is completely different in each one - and mining programs don't look at the "blockchain" anyway, they look at one BLOCK of data that can't be in any sort of "look at the blockchain" BIOS code because it's completely NEW data.
 
No, it's NOT in their interest to try to move miners to Quadro, those things are so overpriced expensive miners won't use them PERIOD because it would literally take YEARS to pay the bloody crazy expensive things off (if they lived long enough TO be paid off) and the cooling is very poor to HORRIBLE on the things outside of the rackmount case environment a LOT of them are specifically designed for.
They offer nothing but NEGATIVES to miners in return for the crazy pricing level (mining does NOT use floating point, which is the ONLY advantage Quadro cards have over GTX cards).
There is no option to "move miners to Quadro" because miners flat out won't pay that insane RIPOFF level of prohibitive pricing for LOWER performance.
If you think current consumer cards are expensive, TRY LOOKING AT BLOODY QUADRO PRICING sometime.
 
Same logic applies to AMD trying to move miners to the WX series cards - except the current WX series members have the IDENTICAL GPU as their corresponding consumer cards, at lower clocks with very poor cooling solutions and a TON higher pricing than even the worst gouge pricing got to a year ago.
Again, way higher pricing for nothing but NEGATIVES, miners will NOT move because the cost is RIPOFF level prohibitive.
 
 
You try to make it seem simple - but if you bother looking at the FACTS it's not simple, and is probably not able to be done at all - the workaround would be TRIVIAL to do.
 
 
There's also the not so minor point that Nvidia is NOT getting hammered by cryptocoin demand for their GPUs, except when AMD can't keep up with THEIR demand - my best estimate is that total sales of GPUs to miners in 2017 was between 2 and 3 million for Nvidia out of AT LEAST 30 MILLION DISCRETE CARDS SOLD (and probably the outright majority of those Nvidia sales were in 2Q 2017 when AMD pricing got totally insane), as opposed to AMD getting hit for more like 6-8 million out of perhaps 20 million sold.
For reference - at the current Ethereum total network hashrate I'd estimate there are at least 9 million GPUs mining on it (probably about 80% of those AMD RX 470/480/570/580 models), with the all-time peak hashrate on 16 March 2018 and a small decline since then.
The most likely trigger for GPUs getting dumped in quantity will be when Ethereum finally moves to a Proof of Stake model and mining on it ENDS, causing every card mining ETH at the time to look for a new home or get "dumped for whatever I can get out of it" - but that is going to hammer AMD far harder than Nvidia as most of those cards are AMD while most Nvidia cards are mining on other coins that won't get directly affected (but will take SOME indirect hit from AMD cards looking for new homes).
 
As a specific example, the second-highest card count is mining on ZEC (probably between 1 and 1.3 million GPUs at this time, likely 90% or more Nvidia) - the RX 580 8GB might manage a bit over 300 sol/s using 120-130 watts with best settings, a 1070 ti will generally manage about 460 sol/s at 106 watts and over 500 at 124 watts - and ANY Nvidia card 1070 and higher can manage more than 4 sol/s per watt in it's most efficient range (possibly the 1060 models as well, but I don't have any of those to test with).
Even a lowly 1050 ti will manage 160-170 sol/s running at 60 watts (1050 ti is considered to be a POOR ZEC miner due to the low efficiency and low hashrate).
There WON'T be a lot of Nvidia cards retiring from ZEC mining as the AMD cards just won't be able to compete very well - and ZEC uses an algorithm that AMD is at least in the same ballpark on for efficiency vs Nvidia, a lot of the smaller altcoins AMD can't even come CLOSE to competing on vs Nvidia.
 
AMD are the ones that have legitimate worry about GPU cryptocoin mining and it's effect on their supply and demand and the eventual used card dump, not Nvidia.
I'm not saying Nvidia won't have SOME cards dumped - but I'd bet on it being less than 10% of the dump AMD is eventually facing.
 

QuintLeo
For perspective, many years ago, I did some day-trading during one year.
The broker MISreported my trades, only reported the sale price NOT the sale AND purchase price like they're SUPPOSED to do ( a complaint I made to the IRS but was told "there's no penalties for that so we don't bother trying to enforce it").
 
The IRS tried to hit me for $40,000 (appx) owed on what they claimed was about $12,000 income - only to have it turn out they owed ME money when the dust settled, as I had LOST money that year on the trading and had not filed for that year as my actual TAXABLE INCOME was less than the ~$9000 "don't have to file" threshold.
A substantial part of that $40,000 was "penalties and interest" as they waited for a few years before they tried to hammer me for the alleged back taxes.

I've seen the 1099 reports the IRS / tax authorities get from the various brokers, and you are dead right - they only show gross sales, not the basis and therefore not the net realized gain, so whoever you dealt with in IRS was apparently not familiar with that. I've seen a similar error come across my desk and I quickly put them right. Glad you got it sorted out, BUT your point to Kram is correct - $12,000 in alleged undisclosed income got you a $40,000 bill.
 
Kram you need to realize you are badly misinformed if you think this isn't something to be concerned about - I'm guessing from your denials that you have made a bit of money from Bitcoin over 2017? Best you go see an accountant / tax preparer who knows what they are doing. If you get onto it before the IRS does, you can cut that penalty down significantly and get away with as low as 5% penalty depending how soon you act.
 
 

mike406
Guys, enough with the you know what measuring. Just get off each other. We can all agree that you should pay your taxes, and the ones that ignorantly don't deserve what they get. 

You're right, the person exchanged Bitcoin into USD at the tune of "around $120k" and didn't set any back to pay taxes with. I mean seriously, how dumb can you get? Oh I know, take that USD and exchange it for alt coin cryptocurrencies when you could have done that with their Bitcoin in the first place. Matter of fact they probably had to exchange their USD back into Bitcoin in order to get those alt coin cryptocurrencies. Only a few alt coins can be purchased directly with the USD, the rest have to be exchanged for Bitcoin, Ethereum or a exchange exclusive alt coins. This person made mistakes 6 was to Sunday.

Must I read it all?

Unlocking for Now
 
Please keep your post On Topic 
 
 
this thread is not about Taxes we seem to have jumped the tracks
 
 

 
 
 
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