I ordered 3mm retaining rings from McMaster-Carr
http://www.mcmaster.com/#98541a111/=wdsnjk
$5.00 for a bag of 100 pieces
Also ordered the requisite pliers
http://www.mcmaster.com/#58225a21/=wdso3i
$16.98
Remove the sticker on the fan to expose the bearing and most likely a bunch of dried up grease and the old retaining ring that wore off. I found a few that look like the ring completely disintegrated because I was unable to find any evidence of an old one.
https://i.imgur.com/d9Yyssd.jpg
Remove the fan blade, remove the bearings, and carefully remove the spring from the shaft. Don't lose the spring
If the old retaining ring is still under the sticker and it didn't disintegrate you'll be able to see the wear that happened. Here's a pic of a new retaining ring alongside a worn one.
https://i.imgur.com/yIGNf5v.jpg
I had to do some trimming of the retaining ring pliers since it didn't fit into the bearing area. Used a dremel to carefully remove some material so that the fingers of the retaining ring pliers would reach into the hole.
Here's the pliers with one side done:
https://i.imgur.com/rSmp7uf.jpg
and then both sides:
https://i.imgur.com/lQcM1U6.jpg
I used denatured alcohol to clean everything well (the fan housing, area where the bearings sit, the bearings and the fan shaft). Liberally dabbed some lithium grease on the first bearing that sits on the spring. Don't place any grease on the other bearing until you have it seated and the ring installed. Then hit it with some grease. If the ring is not placed correctly, the fan will not spin frictionless. You'll feel and hear the shaft grinding. If there's any grinding, the most likely culprit is that the ring isn't installed on the shaft groove properly. I used some gorilla duct tape to seal the end.
I averaged about 7 minutes per fan.
Thanks for the info! I got problems with 3 or 4 fans up to now and my guess is I will have some more defect ones in the near future.
Now I have another dead S4 PSU. I think it's the 4th one I am having problems with! Last one, it took Bitmain 1 month to replace. Hoping to have more luck with this one. If you have DIY instructions to repair the PSU, let us know!
EDIT: Removed images