[2024 EXTENDED] Black Friday / Cyber Monday: FLASH SALE & MEGATHREAD

raza19 · December 2024

@DeviousDev said:

@raza19 said:

@emgh said:

@raza19 said:

@Savvy said:

@Saragoldfarb said:

@raza19 said:

@Savvy said:

@raza19 said:
So wt did I miss, wts this conspiracy I hear?

Which one there are two at the moment

Intriguing, both I guess?

Please elaborate while I still have popcorn in stock!

One is kuroit uk ltd having overdue accountimg and the other is me

Honestly, company upkeep is a nightmare especially if done remotely ie as a foreigner , so I won't be quick to blame @kuroit. UK in particular is very open to company formation but once it is formed keeping up with all the legal code is an expensive nightmare.

I’d never register any company outside of the country I live in unless I properly outsource everything to a firm that knows their shit. Seems extremely hard.

Doing everything right is already hard.

Sometimes u gotta open a company in a foreign country* just to be able use tools e.g. In this darn age PayPal still doesn't operate out of many countries or in other cases places weird kind of requirements to receive foreign currency payments. People create companies in UK usually just to circumvent that and I take it as a positive step, instead of blaming their circumstances they go the extra mile to get the same level of access which is readily available in most countries of the world.

Maybe there a reason why paypal an other dont want to do business with those country if you do some search you get some light. Especialy about the "RackEdge" saga.

Even if they don't, doesn't mean the people of that country don't deserve to do business on their own. Also, U r indirectly approving of an organization's monopolistic control of the market. Nevertheless, if UK e.g. allows foreigners to open companies and do business worldwide using these companies then by all means they shud. These companies r not like shell companies of Bahamas, Panama or cayman islands. I read somewhere that Panama company structure was so bad that u cud form a company without ever revealing true identities or stake holders. This is not the case with e.g. Companies formed in UK or US.

cybertech · December 2024

so did the kuroit deal drop?

FAT32 · December 2024

@cybertech said:
so did the kuroit deal drop?

Some

raza19 · December 2024

@ralf said:

@raza19 said:

@emgh said:

@raza19 said:

@Savvy said:

@Saragoldfarb said:

@raza19 said:

@Savvy said:

@raza19 said:
So wt did I miss, wts this conspiracy I hear?

Which one there are two at the moment

Intriguing, both I guess?

Please elaborate while I still have popcorn in stock!

One is kuroit uk ltd having overdue accountimg and the other is me

Honestly, company upkeep is a nightmare especially if done remotely ie as a foreigner , so I won't be quick to blame @kuroit. UK in particular is very open to company formation but once it is formed keeping up with all the legal code is an expensive nightmare.

I’d never register any company outside of the country I live in unless I properly outsource everything to a firm that knows their shit. Seems extremely hard.

Doing everything right is already hard.

Sometimes u gotta open a company in a foreign company just to be able use tools e.g. In this darn age PayPal still doesn't operate out of many countries or in other cases places weird kind of requirements to receive foreign currency payments. People create companies in UK usually just to circumvent that and I take it as a positive step, instead of blaming their circumstances they go the extra mile to get the same level of access which is readily available in most countries of the world.

If they formed the UK company to receive payments, the company is legally trading - so they would have committed fraud by declaring it dormant. If they carry out any trade at all, where they present themselves as a UK company, they would have committed fraud if those transactions instead went through another company.

The rules about company dormancy are very strict - for example, if the company had no trading activity at all, but their bank account charged them an annual fee, or they got £0.01 interest, or literally anything at all, they are not a dormant company and have to file accounts.

Literally, the only valid reasons for having a dormant company are to prevent the company name being registered by somebody else, or for a holding company that makes no transactions at all, not even interest, so e.g. for holding previously registered patents or copyrighted IP etc.

I'm all for foreigners opening UK companies if they play by the rules and operate a legitimate business. But when they don't, they're just dragging down the reputation of UK companies internationally.

Well said and I honestly don't know much about UK companies but in the US ur company can appear inactive if u don't file the annual report with the state but that doesn't mean the company can not do business or if they do so they are fraudulent. As a matter of fact in most states u can reinstate a company according to state records by paying a penalty fee within 2 or 3 years of not having filed annual report. I have had this issue where my accountant didn't pay the state fees but my company kept operating in the bank, filing taxes with the IRS and doing all other stuff while appearing Inactive in the state register. I had to pay a penalty to get it active. The company can however be permanently dissolved if the person doesn't pay this tax for years.

cybertech · December 2024

@FAT32 said:

@cybertech said:
so did the kuroit deal drop?

Some

damn

ralf · December 2024

@raza19 said: Even if they don't, doesn't mean the people of that country don't deserve to do business on their own.

I totally agree. The easiest course of action is to open a UK company and run your transactions through it. At the end of each financial year, you file your annual report and pay the necessary taxes.

However, a lot of companies (including several providers that I've personally bought services from after advertising on LET) don't do that. They pretend the are operating a legal UK company, and either run all the transactions through a foreign company so the UK company is dormant (which is fraud because they were pretending to be operating via a UK company) or fail to file taxes and the company is shut down, potentially owing taxes but nobody knows because they've failed to file their annual report.

Also, U r indirectly approving of an organization's monopolistic control of the market.

No, if they operate a legitimate business from a company that their payment merchant deals with, there's no problem. It's the scam companies I'm objecting to.

Nevertheless, if UK e.g. allows foreigners to open companies and do business worldwide using these companies then by all means they shud.

Yes, but only if they don't commit fraud or tax evasion in the process.

The reason this is a big deal should be obvious when you see the fall out from deadpooling.

ralf · December 2024

@cybertech said:
so did the kuroit deal drop?

Yeah, IIRC there was a £12 per year that went really quickly and a £20 per year that might still be available.

raza19 · December 2024

@FAT32 said:

@cybertech said:
so did the kuroit deal drop?

Some

My Benevolent leader I seek ur wisdom in anticipating deals from @dustinc & @SoftShellWeb, shud I abandon slumber for mighty gains?

SilverCreek · December 2024

The boss finally let me post one of the empty nodes before we load VMs up on it.

raza19 · December 2024

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

😍😍 It's time to be ur customer?

ralf · December 2024

@raza19 said:

@ralf said:

@raza19 said:

@emgh said:

@raza19 said:

@Savvy said:

@Saragoldfarb said:

@raza19 said:

@Savvy said:

@raza19 said:
So wt did I miss, wts this conspiracy I hear?

Which one there are two at the moment

Intriguing, both I guess?

Please elaborate while I still have popcorn in stock!

One is kuroit uk ltd having overdue accountimg and the other is me

Honestly, company upkeep is a nightmare especially if done remotely ie as a foreigner , so I won't be quick to blame @kuroit. UK in particular is very open to company formation but once it is formed keeping up with all the legal code is an expensive nightmare.

I’d never register any company outside of the country I live in unless I properly outsource everything to a firm that knows their shit. Seems extremely hard.

Doing everything right is already hard.

Sometimes u gotta open a company in a foreign company just to be able use tools e.g. In this darn age PayPal still doesn't operate out of many countries or in other cases places weird kind of requirements to receive foreign currency payments. People create companies in UK usually just to circumvent that and I take it as a positive step, instead of blaming their circumstances they go the extra mile to get the same level of access which is readily available in most countries of the world.

If they formed the UK company to receive payments, the company is legally trading - so they would have committed fraud by declaring it dormant. If they carry out any trade at all, where they present themselves as a UK company, they would have committed fraud if those transactions instead went through another company.

The rules about company dormancy are very strict - for example, if the company had no trading activity at all, but their bank account charged them an annual fee, or they got £0.01 interest, or literally anything at all, they are not a dormant company and have to file accounts.

Literally, the only valid reasons for having a dormant company are to prevent the company name being registered by somebody else, or for a holding company that makes no transactions at all, not even interest, so e.g. for holding previously registered patents or copyrighted IP etc.

I'm all for foreigners opening UK companies if they play by the rules and operate a legitimate business. But when they don't, they're just dragging down the reputation of UK companies internationally.

Well said and I honestly don't know much about UK companies but in the US ur company can appear inactive if u don't file the annual report with the state but that doesn't mean the company can not do business or if they do so they are fraudulent. As a matter of fact in most states u can reinstate a company according to state records by paying a penalty fee within 2 or 3 years of not having filed annual report. I have had this issue where my accountant didn't pay the state fees but my company kept operating in the bank, filing taxes with the IRS and doing all other stuff while appearing Inactive in the state register. I had to pay a penalty to get it active. The company can however be permanently dissolved if the person doesn't pay this tax for years.

UK companies have 2 main obligations - filing the confirmation statement annually from the formation date, that confirms that Companies House have been informed of all relevant changes to the company (such as change of directors, contact details, share ownership, trading status / SIC codes), and filing the annual accounts which are due 6 months after the end of each trading period, which is nominally 12 months, but may be just under 13 months for the first period. Failure to do either of these by the required deadline means that they will publish an intent to strike the company off the records, and if the company (or its creditors) haven't provided a valid reason to keep the company existing, it will be forcibly closed after another 3 months. In both cases, there are serious fines for missing the deadlines.

This makes Companies House a reasonable tool for assessing the trustworthiness of a UK company, although the data will be up to 18 months out of date. That's one of the reasons don't trust a company until it's 3 or 4 years old - because then I can look at the abbreviated accounts and get a feel for if it's operating legitimately.

Weirdly, it's not actually a great tool for seeing how much money a company makes, until they're quite big and need to file detailed reports, because the abbreviated accounts just shows a snapshot of their current finances, so a company with a few thousand in the accounts might have very little sales volume, or just pay themselves almost all the money each year. There's a kind of proxy for how much their monthly turnover by the size of their creditors and debitors, but it's easy to misinterpret it as you don't necessarily know what they are for.

ralf · December 2024

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

YABS or didn't happen.

slownedstark · December 2024

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

raza19 · December 2024

@ralf said:

@raza19 said:

@ralf said:

@raza19 said:

@emgh said:

@raza19 said:

@Savvy said:

@Saragoldfarb said:

@raza19 said:

@Savvy said:

@raza19 said:
So wt did I miss, wts this conspiracy I hear?

Which one there are two at the moment

Intriguing, both I guess?

Please elaborate while I still have popcorn in stock!

One is kuroit uk ltd having overdue accountimg and the other is me

Honestly, company upkeep is a nightmare especially if done remotely ie as a foreigner , so I won't be quick to blame @kuroit. UK in particular is very open to company formation but once it is formed keeping up with all the legal code is an expensive nightmare.

I’d never register any company outside of the country I live in unless I properly outsource everything to a firm that knows their shit. Seems extremely hard.

Doing everything right is already hard.

Sometimes u gotta open a company in a foreign company just to be able use tools e.g. In this darn age PayPal still doesn't operate out of many countries or in other cases places weird kind of requirements to receive foreign currency payments. People create companies in UK usually just to circumvent that and I take it as a positive step, instead of blaming their circumstances they go the extra mile to get the same level of access which is readily available in most countries of the world.

If they formed the UK company to receive payments, the company is legally trading - so they would have committed fraud by declaring it dormant. If they carry out any trade at all, where they present themselves as a UK company, they would have committed fraud if those transactions instead went through another company.

The rules about company dormancy are very strict - for example, if the company had no trading activity at all, but their bank account charged them an annual fee, or they got £0.01 interest, or literally anything at all, they are not a dormant company and have to file accounts.

Literally, the only valid reasons for having a dormant company are to prevent the company name being registered by somebody else, or for a holding company that makes no transactions at all, not even interest, so e.g. for holding previously registered patents or copyrighted IP etc.

I'm all for foreigners opening UK companies if they play by the rules and operate a legitimate business. But when they don't, they're just dragging down the reputation of UK companies internationally.

Well said and I honestly don't know much about UK companies but in the US ur company can appear inactive if u don't file the annual report with the state but that doesn't mean the company can not do business or if they do so they are fraudulent. As a matter of fact in most states u can reinstate a company according to state records by paying a penalty fee within 2 or 3 years of not having filed annual report. I have had this issue where my accountant didn't pay the state fees but my company kept operating in the bank, filing taxes with the IRS and doing all other stuff while appearing Inactive in the state register. I had to pay a penalty to get it active. The company can however be permanently dissolved if the person doesn't pay this tax for years.

UK companies have 2 main obligations - filing the confirmation statement annually from the formation date, that confirms that Companies House have been informed of all relevant changes to the company (such as change of directors, contact details, share ownership, trading status / SIC codes), and filing the annual accounts which are due 6 months after the end of each trading period, which is nominally 12 months, but may be just under 13 months for the first period. Failure to do either of these by the required deadline means that they will publish an intent to strike the company off the records, and if the company (or its creditors) haven't provided a valid reason to keep the company existing, it will be forcibly closed after another 3 months. In both cases, there are serious fines for missing the deadlines.

This makes Companies House a reasonable tool for assessing the trustworthiness of a UK company, although the data will be up to 18 months out of date. That's one of the reasons don't trust a company until it's 3 or 4 years old - because then I can look at the abbreviated accounts and get a feel for if it's operating legitimately.

Weirdly, it's not actually a great tool for seeing how much money a company makes, until they're quite big and need to file detailed reports, because the abbreviated accounts just shows a snapshot of their current finances, so a company with a few thousand in the accounts might have very little sales volume, or just pay themselves almost all the money each year. There's a kind of proxy for how much their monthly turnover by the size of their creditors and debitors, but it's easy to misinterpret it as you don't necessarily know what they are for.

Next time if I'm opening a UK company I'm gonna send my accountant to take lessons from U no kidding man, ur grip on the subject is outstanding. Something I think common to both UK or US companies r the thousands of dollars worth of fines one can incur if u don't follow deadlines.

slownedstark · December 2024

@raza19 said:
short novel

not a single regard

raza19 · December 2024

@slownedstark said:

@raza19 said:
short novel

not a single regard

Ragarts

ralf · December 2024

@raza19 said:

@ralf said:

@raza19 said:

@ralf said:

@raza19 said:

@emgh said:

@raza19 said:

@Savvy said:

@Saragoldfarb said:

@raza19 said:

@Savvy said:

@raza19 said:
So wt did I miss, wts this conspiracy I hear?

Which one there are two at the moment

Intriguing, both I guess?

Please elaborate while I still have popcorn in stock!

One is kuroit uk ltd having overdue accountimg and the other is me

Honestly, company upkeep is a nightmare especially if done remotely ie as a foreigner , so I won't be quick to blame @kuroit. UK in particular is very open to company formation but once it is formed keeping up with all the legal code is an expensive nightmare.

I’d never register any company outside of the country I live in unless I properly outsource everything to a firm that knows their shit. Seems extremely hard.

Doing everything right is already hard.

Sometimes u gotta open a company in a foreign company just to be able use tools e.g. In this darn age PayPal still doesn't operate out of many countries or in other cases places weird kind of requirements to receive foreign currency payments. People create companies in UK usually just to circumvent that and I take it as a positive step, instead of blaming their circumstances they go the extra mile to get the same level of access which is readily available in most countries of the world.

If they formed the UK company to receive payments, the company is legally trading - so they would have committed fraud by declaring it dormant. If they carry out any trade at all, where they present themselves as a UK company, they would have committed fraud if those transactions instead went through another company.

The rules about company dormancy are very strict - for example, if the company had no trading activity at all, but their bank account charged them an annual fee, or they got £0.01 interest, or literally anything at all, they are not a dormant company and have to file accounts.

Literally, the only valid reasons for having a dormant company are to prevent the company name being registered by somebody else, or for a holding company that makes no transactions at all, not even interest, so e.g. for holding previously registered patents or copyrighted IP etc.

I'm all for foreigners opening UK companies if they play by the rules and operate a legitimate business. But when they don't, they're just dragging down the reputation of UK companies internationally.

Well said and I honestly don't know much about UK companies but in the US ur company can appear inactive if u don't file the annual report with the state but that doesn't mean the company can not do business or if they do so they are fraudulent. As a matter of fact in most states u can reinstate a company according to state records by paying a penalty fee within 2 or 3 years of not having filed annual report. I have had this issue where my accountant didn't pay the state fees but my company kept operating in the bank, filing taxes with the IRS and doing all other stuff while appearing Inactive in the state register. I had to pay a penalty to get it active. The company can however be permanently dissolved if the person doesn't pay this tax for years.

UK companies have 2 main obligations - filing the confirmation statement annually from the formation date, that confirms that Companies House have been informed of all relevant changes to the company (such as change of directors, contact details, share ownership, trading status / SIC codes), and filing the annual accounts which are due 6 months after the end of each trading period, which is nominally 12 months, but may be just under 13 months for the first period. Failure to do either of these by the required deadline means that they will publish an intent to strike the company off the records, and if the company (or its creditors) haven't provided a valid reason to keep the company existing, it will be forcibly closed after another 3 months. In both cases, there are serious fines for missing the deadlines.

This makes Companies House a reasonable tool for assessing the trustworthiness of a UK company, although the data will be up to 18 months out of date. That's one of the reasons don't trust a company until it's 3 or 4 years old - because then I can look at the abbreviated accounts and get a feel for if it's operating legitimately.

Weirdly, it's not actually a great tool for seeing how much money a company makes, until they're quite big and need to file detailed reports, because the abbreviated accounts just shows a snapshot of their current finances, so a company with a few thousand in the accounts might have very little sales volume, or just pay themselves almost all the money each year. There's a kind of proxy for how much their monthly turnover by the size of their creditors and debitors, but it's easy to misinterpret it as you don't necessarily know what they are for.

Next time if I'm opening a UK company I'm gonna send my accountant to take lessons from U no kidding man, ur grip on the subject is outstanding. Something I think common to both UK or US companies r the thousands of dollars worth of fines one can incur if u don't follow deadlines.

Haha, yeah, it helps to know this stuff if you run your own business. Plus it helps that a lot of my friends are accountants, so we have a "really fun time" at the pub!

SilverCreek · December 2024

@ralf said:

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

YABS or didn't happen.

@ralf said:

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

YABS or didn't happen.

OK, ok.... fine if you insist

We'll share the speedtest side of the run when it finishes

# ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## #
#              Yet-Another-Bench-Script              #
#                     v2024-12-17                    #
# https://github.com/masonr/yet-another-bench-script #
# ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## #

Thu Dec 19 12:23:30 AM UTC 2024

Basic System Information:
---------------------------------
Uptime     : 0 days, 11 hours, 7 minutes
Processor  : AMD EPYC 7742 64-Core Processor
CPU cores  : 128 @ 1500.000 MHz
AES-NI     : ✔ Enabled
VM-x/AMD-V : ✔ Enabled
RAM        : 377.5 GiB
Swap       : 8.0 GiB
Disk       : 3.5 TiB
Distro     : Ubuntu 22.04.5 LTS
Kernel     : 5.15.0-119-generic
VM Type    : NONE
IPv4/IPv6  : ✔ Online / ❌ Offline

IPv4 Network Information:
---------------------------------
ISP        : Bytefilter LLC
ASN        : AS1002 Bytefilter LLC
Host       : Spearware Networks LLC
Location   : Kansas City, Missouri (MO)
Country    : United States

fio Disk Speed Tests (Mixed R/W 50/50) (Partition /dev/mapper/ubuntu--vg-ubuntu--lv):
---------------------------------
Block Size | 4k            (IOPS) | 64k           (IOPS)
  ------   | ---            ----  | ----           ---- 
Read       | 594.32 MB/s (148.5k) | 791.39 MB/s  (12.3k)
Write      | 595.88 MB/s (148.9k) | 795.55 MB/s  (12.4k)
Total      | 1.19 GB/s   (297.5k) | 1.58 GB/s    (24.7k)
           |                      |                     
Block Size | 512k          (IOPS) | 1m            (IOPS)
  ------   | ---            ----  | ----           ---- 
Read       | 698.65 MB/s   (1.3k) | 823.02 MB/s    (803)
Write      | 735.78 MB/s   (1.4k) | 877.83 MB/s    (857)
Total      | 1.43 GB/s     (2.8k) | 1.70 GB/s     (1.6k)

Cryptominer937 · December 2024

W A I T I N G

cybertech · December 2024

MOARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

r3k · December 2024

How do most (good) providers here cut up their KVM slices?
It’s obvious they’ll overprovision, but what’s the typical CPU ratio / disk ratio?

donli · December 2024

@Saragoldfarb said:

@raza19 said:

@Saragoldfarb said:
So much confetti to deal with.

Them colours are pretty though. Well done @FAT32

Did u auction off ur domains?

Yes,all done for now. More to come though. Something sexy for Christmas maybe

Sexier than server porn?

DeviousDev · December 2024

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

lol can tell you i have lost all hype in terabit, im not even motivated to refresh.
maybe it should be time to stop promoting and start delivering!

FAT32 · December 2024

@DeviousDev said:

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

lol can tell you i have lost all hype in terabit, im not even motivated to refresh.
maybe it should be time to stop promoting and start delivering!

Good things are worth the wait, I believe most of us are happy to take that from your hand if you don't want to wait

SilverCreek · December 2024

@DeviousDev said:

@SilverCreek said:

The boss finally let me post one of the empty nodes before we load VMs up on it.

lol can tell you i have lost all hype in terabit, im not even motivated to refresh.
maybe it should be time to stop promoting and start delivering!

As much as I'd love to just provision every single order at once, we do it in batches to ensure it runs smoothly. You're on the list for the newest node we're just finishing configuration on however.

FAT32 · December 2024

@SilverCreek said: As much as I'd love to just provision every single order at once, we do it in batches to ensure it runs smoothly. You're on the list for the newest node we're just finishing configuration on however.

The EPYC nodes? See that's what I meant by the longer you wait the better you get

(OVH has proven that also, later Kimsufi gets more surprise upgrades)

SilverCreek · December 2024

@FAT32 said:

@SilverCreek said: As much as I'd love to just provision every single order at once, we do it in batches to ensure it runs smoothly. You're on the list for the newest node we're just finishing configuration on however.

The EPYC nodes? See that's what I meant by the longer you wait the better you get

Arguably an EPYC experience.

Idling · December 2024

Did you lose track of time in this timeless thread?

Idling · December 2024

Checking daily just in case another 7$ dedi drop by @gigahost

FAT32 · December 2024

@Idling said:
Checking daily just in case another 7$ dedi drop by @gigahost

You might want to check hourly or even shorter if you want $7 dedi Just like me refreshing this page so frequently when I am not sleeping...

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[2024 EXTENDED] Black Friday / Cyber Monday: FLASH SALE & MEGATHREAD

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