Yes, that's about it. Another way of describing the UK system is to say that if you want the charity to get 1,000, you only have to write a check for 800.

Richard, your spell-chequer is borked!

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People please keep the discussion to Bitcoin Utopia Fund Raising

As for Taxation purpose . I have a 200 g/hash S1 Miner . It will earn approx $150 per year

When you convert your Bitcoin to Dollars you can get receipts from PayPal , Bank , web site where it was converted , etc , etc !

However Donations maybe different .

You can cut and paste the Transaction Details from your wallet to note pad and then print them off , I can not tell you if this will be sufficient .
This is a receipt as far as i know thou

For me if your going to Donate then Donate don't do it for a Tax ride off .

I donate my computer , my time , my electricity do i try and claim them on my Tax .

NO , I do not

If you wish to claim them you may get problems as Bitcoins are not recognized as currency in some country's by your Governments Taxation office . You will need to look this up .

However the one purpose of crypto-currency is to be out off the main Banking system , Anonymous ......

Unless your going to buy a 1.5 terra/hash machine your not going to make much money .

They use a bit of power too witch you have to pay for , so in effect in my country the 200 gig/hash box uses 400 watt so will cost some electricty . More than what it's going to make in cash for me . This may be different in your country

I look at it this way , instead of using another box to crunch i'm using a different type of box to make money for seti while it's avalable

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I would still like some kind of reasoning why the Seti staff doesn't go with a long-term fundraising plan over at Bitcoin Utopia? People there avidly post about working on such a project.

Matt? Eric???

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I would still like some kind of reasoning why the Seti staff doesn't go with a long-term fundraising plan over at Bitcoin Utopia? People there avidly post about working on such a project.

Matt? Eric???

It was titled "annual", but I don't see why a quarterly, or continuous, campaign could be done.

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SETI@home classic workunits: 93,865 CPU time: 863,447 hours
Join the [url=http://tinyurl.com/8y46zvu]BP6/VP6 User Group[

I would still like some kind of reasoning why the Seti staff doesn't go with a long-term fundraising plan over at Bitcoin Utopia? People there avidly post about working on such a project.

Matt? Eric???

It was titled "annual", but I don't see why a quarterly, or continuous, campaign could be done.

Better even yet!!

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Given the status of the project running under the UW Berkeley umbrella, are there not still some lingering legality questions about Bitcoin as a currency that might prohibit the project from getting funds involved with it?

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"Freedom is just Chaos, with better lighting." Alan Dean Foster

I look at it this way , instead of using another box to crunch i'm using a different type of box to make money for seti while it's avalable

Glen I just give the project a modest donation for me it is easier.

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Given the status of the project running under the UW Berkeley umbrella, are there not still some lingering legality questions about Bitcoin as a currency that might prohibit the project from getting funds involved with it?

Wall St. is setting up something to trade them publicly & the IRS has already basically made it a legit currency in the US.

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SETI@home classic workunits: 93,865 CPU time: 863,447 hours
Join the [url=http://tinyurl.com/8y46zvu]BP6/VP6 User Group[

I'm not exactly shore you would need to talk to a accountant for legality's

I believe it's a tecnical thing .
Here you have to show tax receipts for claiming tax but it's technically not a currency by the tax office b/s blah blah .

Bitcoin Utopia is ok if you don't wish to learn how to do it yourself .

Running the fund raiser every month mite not be a good thing people might get sick of it .But yes 2 or 3 a year would be ok .

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Seti just finished raising $1000 via BU recently (as documented on this earlier post in the thread so it is apparently allowed. I just don't get why they don't run a long-term project there and just cash it out every few months.

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probably staff Blurf , and there is access to the net where would they house it , they would need a full time person to monitor it so i can understand and then they would need permission from the Dean of Berkely and that would be the biggest hurdle i reackon .

We can all ways just donate it directly to Seti in stead of waiting for a fund raiser , they are busy and have a lot on there plate

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So what exactly prevents you from using existing certificates for your purposes?

Didn't pull my certificate on 01.01.2015....

And there is no system to pull certificate from date XX to date YY... :/

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non-profit org. Play4Life in Zagreb, Croatia, EU

probably staff Blurf , and there is access to the net where would they house it , they would need a full time person to monitor it so i can understand and then they would need permission from the Dean of Berkely and that would be the biggest hurdle i reackon .

We can all ways just donate it directly to Seti in stead of waiting for a fund raiser , they are busy and have a lot on there plate

As I've mentioned earlier, there is a way to do a fund raising & do it on our benefit that is tax deductible.

How?
1. Make an open letter to all astronomical societies in all known countries with idea to have a fund raising for SETi@home (or just SETi).
2. Coordinate the job with them, let astronomical societies do all the work (the ones that agree).
3. When astronomical societies gather all the money - send it to SETi/Planetary society.
4. On the end of the year we get tax deduction for "giving money domestically to science project of astronomical societies".

Easy...but people have to sit down & write the letters!
Also, an idea has to be made - what to give astronomical societies for their work? Participation in some project, mention in text, visit to Planetary society for the top fund raisers (to be equal to all societies, make it a $ per capita raised).
;)

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non-profit org. Play4Life in Zagreb, Croatia, EU

As I've mentioned earlier, there is a way to do a fund raising & do it on our benefit that is tax deductible.

How?
1. Make an open letter to all astronomical societies in all known countries with idea to have a fund raising for SETi@home (or just SETi).
2. Coordinate the job with them, let astronomical societies do all the work (the ones that agree).
3. When astronomical societies gather all the money - send it to SETi/Planetary society.
4. On the end of the year we get tax deduction for "giving money domestically to science project of astronomical societies".

Easy...but people have to sit down & write the letters!
Also, an idea has to be made - what to give astronomical societies for their work? Participation in some project, mention in text, visit to Planetary society for the top fund raisers (to be equal to all societies, make it a $ per capita raised).

Klik nice try but no way that is going to happen . It mite sound easy but it will not be so easy to get all the astronomical societies to agree to do it . And it would be a full time job for someone to coordinate everything

You only need a receipt to be able to claim it on your taxes . It should be the same as giving money to any charity and you don't need cert's for that so maybe your tax agent is not telling you the facts . At least that's how it is in Australia . The receipt you can make by printing off the details of the transaction in your wallet .

There is only 2 choices

1 If you do not have a Miner and wish to mine for seti using your computer's CPU's and GPU's then BU is the way to go even if you do own a slower miner like a 2 gig USB type

2 Learn how to mine using your CPU or GPU and then donate the money . This option is harder to do for most people whom don't know how to do it . It also may NOT be worth it . Only Scrypt is profitable on the CPU or GPU and you do need a good GPU now etc : 750 gtx or above

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probably staff Blurf , and there is access to the net where would they house it , they would need a full time person to monitor it so i can understand and then they would need permission from the Dean of Berkely and that would be the biggest hurdle i reackon .

We can all ways just donate it directly to Seti in stead of waiting for a fund raiser , they are busy and have a lot on there plate

I fully disagree. It doesn't take a full-time staff person for this? On the MW fundraiser I set a dollar amount-we hit it-they cash it out and send it to the project.

If they need permission from the Berkeley folks-they obviously had it for the recent fundraising run. Shouldn't be hard to get it again.

Sorry man but I think you're making it more complicated then it really is.

My point is: This project needs funding to survive. I have raised over $125,000 both personally and professionally in the non-profit world. Government grants are drying up and personal budgets are too tight for as much individual as we've had in the past. You have a wide-open, seemingly endless source of funding here. I'd be all over this. I'll even volunteer to be the contact for this if they want. I just think the project needs to jump on this and use it to it's fullest capacity

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Well Blurf i have no idea what would be involved i just herd fundraising is time consuming but you seem to know more than me so i refer back to your expertise on that .
I am with you and think the Bitcoin Utopia thing is a fantastic way for the project to get some of the cash it needs .

I'm wondering maybe they don't do it that much as there is not that much interest seeing as this last fundraiser had to be extended a few extra weeks to reach the goal so maybe that has something to do with it .

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probably staff Blurf , and there is access to the net where would they house it , they would need a full time person to monitor it so i can understand and then they would need permission from the Dean of Berkely and that would be the biggest hurdle i reackon .

We can all ways just donate it directly to Seti in stead of waiting for a fund raiser , they are busy and have a lot on there plate

I fully disagree. It doesn't take a full-time staff person for this? On the MW fundraiser I set a dollar amount-we hit it-they cash it out and send it to the project.

If they need permission from the Berkeley folks-they obviously had it for the recent fundraising run. Shouldn't be hard to get it again.

Sorry man but I think you're making it more complicated then it really is.

My point is: This project needs funding to survive. I have raised over $125,000 both personally and professionally in the non-profit world. Government grants are drying up and personal budgets are too tight for as much individual as we've had in the past. You have a wide-open, seemingly endless source of funding here. I'd be all over this. I'll even volunteer to be the contact for this if they want. I just think the project needs to jump on this and use it to it's fullest capacity

Until we get feedback from the guys here. We won't know if there is any issue preventing them from setting up another campaign or if they just haven't had the time.
Matt mentioned:

We do progress on this front but at glacial speeds due to incredible caution, lack of resources, and balancing priorities. For example one priority was an NSF proposal round that pretty much occupied me and Dan and several others for the entire past week.

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SETI@home classic workunits: 93,865 CPU time: 863,447 hours
Join the [url=http://tinyurl.com/8y46zvu]BP6/VP6 User Group[

As I've mentioned earlier, there is a way to do a fund raising & do it on our benefit that is tax deductible.

How?
1. Make an open letter to all astronomical societies in all known countries with idea to have a fund raising for SETi@home (or just SETi).
2. Coordinate the job with them, let astronomical societies do all the work (the ones that agree).
3. When astronomical societies gather all the money - send it to SETi/Planetary society.
4. On the end of the year we get tax deduction for "giving money domestically to science project of astronomical societies".

Easy...but people have to sit down & write the letters!
Also, an idea has to be made - what to give astronomical societies for their work? Participation in some project, mention in text, visit to Planetary society for the top fund raisers (to be equal to all societies, make it a $ per capita raised).

Klik nice try but no way that is going to happen . It mite sound easy but it will not be so easy to get all the astronomical societies to agree to do it . And it would be a full time job for someone to coordinate everything

You only need a receipt to be able to claim it on your taxes . It should be the same as giving money to any charity and you don't need cert's for that so maybe your tax agent is not telling you the facts . At least that's how it is in Australia . The receipt you can make by printing off the details of the transaction in your wallet .

There is only 2 choices

1 If you do not have a Miner and wish to mine for seti using your computer's CPU's and GPU's then BU is the way to go even if you do own a slower miner like a 2 gig USB type

2 Learn how to mine using your CPU or GPU and then donate the money . This option is harder to do for most people whom don't know how to do it . It also may NOT be worth it . Only Scrypt is profitable on the CPU or GPU and you do need a good GPU now etc : 750 gtx or above

well, u missed my point - only astronomical societies that DO AGREE on a FUND RAISING - they only do the job...might be few, might be half, might be G8 only, might be developed countries like EU, NA & Japan...we don't know, until someone comes here & says - this is a good idea, lets ask someone to help us?!

yes, u do need a "domestic transaction" to be eligible for tax return here in Croatia, EU...
maybe u don't in Commonwealth, as long as it's in Commonwealth society?!

laws are different...but that fund raising can be dispersed around...

& no, I'm not doing anything on Bitcoin...until they show just what we donate our computers for! ;)

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non-profit org. Play4Life in Zagreb, Croatia, EU

probably staff Blurf , and there is access to the net where would they house it , they would need a full time person to monitor it so i can understand and then they would need permission from the Dean of Berkely and that would be the biggest hurdle i reackon .

We can all ways just donate it directly to Seti in stead of waiting for a fund raiser , they are busy and have a lot on there plate

As I've mentioned earlier, there is a way to do a fund raising & do it on our benefit that is tax deductible.

How?
1. Make an open letter to all astronomical societies in all known countries with idea to have a fund raising for SETi@home (or just SETi).
2. Coordinate the job with them, let astronomical societies do all the work (the ones that agree).
3. When astronomical societies gather all the money - send it to SETi/Planetary society.
4. On the end of the year we get tax deduction for "giving money domestically to science project of astronomical societies".

Easy...but people have to sit down & write the letters!
Also, an idea has to be made - what to give astronomical societies for their work? Participation in some project, mention in text, visit to Planetary society for the top fund raisers (to be equal to all societies, make it a $ per capita raised).
;)

So, you're suggesting that we should file for tax deduction from our income tax, for donating money which does not come from our taxable income, but from totally different sources. We don't donate anything from our taxable income, but we ask for a tax return nevertheless, from our income tax.

That is pure tax fraud. Have a nice stay in prison.

Geeze..... I wonder what our tax expert Uli would say about this one :-)

Not even in Croatia would it be legal to demand tax deduction for a donation which doesn't come from your taxable income.

Big +1 for that , I might " fracture " a few laws but that's pure taking the piss

probably staff Blurf , and there is access to the net where would they house it , they would need a full time person to monitor it so i can understand and then they would need permission from the Dean of Berkely and that would be the biggest hurdle i reackon .

We can all ways just donate it directly to Seti in stead of waiting for a fund raiser , they are busy and have a lot on there plate

As I've mentioned earlier, there is a way to do a fund raising & do it on our benefit that is tax deductible.

How?
1. Make an open letter to all astronomical societies in all known countries with idea to have a fund raising for SETi@home (or just SETi).
2. Coordinate the job with them, let astronomical societies do all the work (the ones that agree).
3. When astronomical societies gather all the money - send it to SETi/Planetary society.
4. On the end of the year we get tax deduction for "giving money domestically to science project of astronomical societies".

Easy...but people have to sit down & write the letters!
Also, an idea has to be made - what to give astronomical societies for their work? Participation in some project, mention in text, visit to Planetary society for the top fund raisers (to be equal to all societies, make it a $ per capita raised).
;)

So, you're suggesting that we should file for tax deduction from our income tax, for donating money which does not come from our taxable income, but from totally different sources. We don't donate anything from our taxable income, but we ask for a tax return nevertheless, from our income tax.

That is pure tax fraud. Have a nice stay in prison.

Geeze..... I wonder what our tax expert Uli would say about this one :-)

Not even in Croatia would it be legal to demand tax deduction for a donation which doesn't come from your taxable income.

NOPE!

when astronimical society in Sweden agrees to make a funding for SETi@home, some of you donate to Swedens astronomical society...that way money in donated domestically & you can ask for a tax return - that is the principle we have in Croatia!
after the funding ends, Swedens astronomical society sends/transfers money to SETi@home...

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non-profit org. Play4Life in Zagreb, Croatia, EU