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Topic: [lee group]1150$! The group buy of hosted bitmain S7 @4.73T online on 27th Jan!! - page 2. (Read 33021 times)

sr. member
Activity: 474
Merit: 252
Hosting was started with agreement that at customer request miners and PSUs will be sent to it's owners with a reasonable shipping price. So there is no place for desperate posts about loses. If somebody is not satisfied with renting performance it can ask for shipping price. But, in a case of cancelling renting agreement from Lee, fair offer would be shipping expenses to be covered by himself, that would cover not-mining shipping period.
So you finally realize what everybody repeatedly said for months? As far as i know, nobody heard anything about Lee for a long time now. Except invoices of course. Unfortunately, you will have to acclimatize with the fact these miners wont be shipped to you. I hope they will!
sr. member
Activity: 736
Merit: 262
Me, Myself & I
Lee, do You have possibility to lower maintenance price for S7s? If not, after halving looks like it's unprofitable mining at Your farm. Please also state lowest shipping price for US and EU You can reach so We can make decision what to do with S7s. Thank You in advance.


Lee, please answer at least two days before asking for next maintenance fee so we can make our choice. Thx.

EDIT: Buyback price is also option.

Anyone in contact with Lee? I don't get reply to e-mail and Lee is not active here for more than month. My 3 S7s are slowly going into mining with loss and I can't change that?!?!
sr. member
Activity: 736
Merit: 262
Me, Myself & I
Lee, do You have possibility to lower maintenance price for S7s? If not, after halving looks like it's unprofitable mining at Your farm. Please also state lowest shipping price for US and EU You can reach so We can make decision what to do with S7s. Thank You in advance.


Lee, please answer at least two days before asking for next maintenance fee so we can make our choice. Thx.

EDIT: Buyback price is also option.
sr. member
Activity: 736
Merit: 262
Me, Myself & I
Lee, do You have possibility to lower maintenance price for S7s? If not, after halving looks like it's unprofitable mining at Your farm. Please also state lowest shipping price for US and EU You can reach so We can make decision what to do with S7s. Thank You in advance.
sr. member
Activity: 736
Merit: 262
Me, Myself & I
Lee,
For the first time since the beginning I haven't received maintenance fee e-mail from You on time. Waiting patiently to pay for maintenance.
BTW, what is the buyback price for S7 now?

EDIT:
I got the mail seconds after posting...  Roll Eyes
legendary
Activity: 1218
Merit: 1001
I got my 2 S-5 Units back from Li a couple of weeks ago.  Just sold them locally.  Seeing the shape these showed up in (dirty, dusty, etc), it's no wonder there are issues.
sr. member
Activity: 736
Merit: 262
Me, Myself & I

I have one question here .


I have down time of 110 hrs for each S7 . I have 4 S7. Taking out 14.5 hrs as downtime from each machine it will be downtime of 106.4 hrs. I received the compensation of

106.4 * 0.00010093 =  0.01069858 BTC * 4  (i have 4 S7 )=  0.04 BTC  for all 4 S7 which is $15

It mean for 4 S7 i paid around more than $48 for maintenance fee  and i received back $15 ?

Something is very wrong with Your math. Starting with 110-14.5=95.5 and finishing with missing calculation for maintenance per hour price.
I admit that Lee's maintenance price is around 15-20% higher than Hashnest maintenance price, but it's the price having real physical S7 instead of virtual one.

Ok.

95.5 hrs down time for each machine after 14.5 hrs deducation)  * 0.00010093 (Per hr compensation)  = 0.009638815  (Per machine) * 4 (For 4 S7)  = 0.03855526 BTC as compensation for 4 machines.


So in short Bombay received 0.03855526 as compensation ( $14)  for 4 S7 down time ( 110-14.5=95.5) . During those hrs bombay got paid more than $49 as maintenance fee .



 

 

Bombay claims receiving 0.04BTC. He claims Lee accepted 110h downtime. Compensation price derived from upper calculation is not real compensation price. Upper compensation price is per TH, not per S7. Lee was very precise in math before, such a big error is not his style.
full member
Activity: 167
Merit: 100

I have one question here .


I have down time of 110 hrs for each S7 . I have 4 S7. Taking out 14.5 hrs as downtime from each machine it will be downtime of 106.4 hrs. I received the compensation of

106.4 * 0.00010093 =  0.01069858 BTC * 4  (i have 4 S7 )=  0.04 BTC  for all 4 S7 which is $15

It mean for 4 S7 i paid around more than $48 for maintenance fee  and i received back $15 ?

Something is very wrong with Your math. Starting with 110-14.5=95.5 and finishing with missing calculation for maintenance per hour price.
I admit that Lee's maintenance price is around 15-20% higher than Hashnest maintenance price, but it's the price having real physical S7 instead of virtual one.

Ok.

95.5 hrs down time for each machine after 14.5 hrs deducation)  * 0.00010093 (Per hr compensation)  = 0.009638815  (Per machine) * 4 (For 4 S7)  = 0.03855526 BTC as compensation for 4 machines.


So in short Bombay received 0.03855526 as compensation ( $14)  for 4 S7 down time ( 110-14.5=95.5) . During those hrs bombay got paid more than $49 as maintenance fee .



 

 
sr. member
Activity: 736
Merit: 262
Me, Myself & I

I have one question here .


I have down time of 110 hrs for each S7 . I have 4 S7. Taking out 14.5 hrs as downtime from each machine it will be downtime of 106.4 hrs. I received the compensation of

106.4 * 0.00010093 =  0.01069858 BTC * 4  (i have 4 S7 )=  0.04 BTC  for all 4 S7 which is $15

It mean for 4 S7 i paid around more than $48 for maintenance fee  and i received back $15 ?

Something is very wrong with Your math. Starting with 110-14.5=95.5 and finishing with missing calculation for maintenance per hour price.
I admit that Lee's maintenance price is around 15-20% higher than Hashnest maintenance price, but it's the price having real physical S7 instead of virtual one.
legendary
Activity: 1174
Merit: 1001
I sold my 4 S7 to Lee and he agreed to pay compensation of more than 110 hrs per machine. Send 0.04 BTC as compensation and now not replying .

Send few emails but no reply. Such shame.

Will think 100 times when doing business with Lee.
He will get back to you. I may be one of a few but I had a fairly ran hosting for the last few months. It may take some time to get replies via email but he always got back to me and compensated for my down time which was minimal over the course of hosting. 

The difficulty increase in 2016 was not his fault and the Bitmain price drop after initiating the group buy wasn't either which were two tough starting factors I don't think pcfli can be blamed totally for. Thanks for running an honest host pcfli!
sr. member
Activity: 504
Merit: 250
Don't you looooooove how offensive my name sounds?
MY 6 S7  giving me 8TH..........it is Joke.

well according to earlier post of DC overload, it sounds like half the DC'S S7's could be fried ;\
hence some are getting fine hash and others having your scenario.
it was a great group buy, but mining went insane last 4 months+ , and Li, tho a great guy, mismanaged it into a hole ;\
cut your losses, this is the risk of mining, sell while you can , S9 will HOPEFULLY be soon. (tho BMT's shody machines are not meant for the conditions these were in they are seriously cheap chinese crap)

~Lesson Learned~
sr. member
Activity: 736
Merit: 262
Me, Myself & I
MY 6 S7  giving me 8TH..........it is Joke.

On F2Pool You would have stable >28TH and merge mine NMC, HUC and SYS coins. I forgot when I did last request for downtime. Couple of months ago?
full member
Activity: 167
Merit: 100
MY 6 S7  giving me 8TH..........it is Joke.
sr. member
Activity: 474
Merit: 252
I sold back to pcfli at 0.95 btc / S7 to safe my precious time.
legendary
Activity: 1174
Merit: 1001
I am out, happy to be able to focus on more productive stuff now.
Mind if I ask if you sold back to pcfli, or another buyer?
sr. member
Activity: 474
Merit: 252
I am out, happy to be able to focus on more productive stuff now.
member
Activity: 96
Merit: 10
Mar 03 1645 ~ Mar 05 1545   4 x [email protected]   47 hours x 4 units = total 188 hours      s702 s703 s704 s705
Mar 06 1640 ~ Mar 07 1041   4 x [email protected]   16 hours x 4 units = total 64 hours              s702 s703 s704 s705
Mar 27 0830 ~ 1800      8 x S7      9.5 hours x 8 units = total 76 hours      all
Apr 04 1930 ~ Apr 06 1100   3 x [email protected]   39.5 hours x 3 units = total 118.5 hours           s7f s7g s7h
Apr 11 0715 ~ 1735      8 x S7      10 hours x 8 units = total 80 hours              all
Apr 15 0616 ~ 1050      1 x [email protected]   4.5 hours                               s7f
Apr 18 1117 ~ 1331      1 x [email protected]   2 hours                          s7a
Apr 21 2256 ~ Apr 22 0830   1 x [email protected]   9.5 hours                               s7e
Apr 22 0956 ~ 1200      1 x [email protected]   2 hours                          s7d

====================

May 09 1345 ~ 1925      1 x [email protected]   5.5 hours !!!                       s7b 1/3 hashrates
May 13 1340 ~ May 14 1055   1 x [email protected]   21 hours                               s7g
May 16 1615 ~ May 17 0235   1 x [email protected]   10 hours                               s7b
May 17 0930 ~ 1325      1 x [email protected]   4 hours                          s7b


s7a is a 4.66 others are 4.73, didn't take records before Mar 03 and i stopped taking record aftrer May 17 as i'm too tired with this hosting.
i claimed downtime that's why i rec'd compensation of total 3.0926 (included the 1.6688 rec'd on Jan 30 for online delay)

EDIT: network engineer is not a coder, network engineer always troubleshoot with span port and packet analyzer doesn't mean he is capable in developing a protocol suite by himself
sr. member
Activity: 736
Merit: 262
Me, Myself & I
People say China miners must mine at China pool and this is not true, GFW increase latency not blocking any well known bitcoin ports e.g. 3333, 8333, 9332, 9333 etc.
People (indeed li said) i mine at pools outside China causing problems and this is not true at all, i'm connecting Slush pool via their CN node that is 100% China pool.
I'm a CxIE with 20xxx number I know internet well, you people always been misled by the Chinese, GFW is simply a hardware firewall with deep packet inspection functionality that's all.

Did You claimed Your downtime?

EDIT: Because You know so much I'm interested in technology of distributed mining - does pools that have more access nodes do have separate wallets or they just proxy from access nodes to one point?
member
Activity: 96
Merit: 10
People say China miners must mine at China pool and this is not true, GFW increase latency not blocking any well known bitcoin ports e.g. 3333, 8333, 9332, 9333 etc.
People (indeed li said) i mine at pools outside China causing problems and this is not true at all, i'm connecting Slush pool via their CN node that is 100% China pool.
I'm a CxIE with 20xxx number I know internet well, you people always been misled by the Chinese, GFW is simply a hardware firewall with deep packet inspection functionality that's all.
sr. member
Activity: 736
Merit: 262
Me, Myself & I

He compensate only if Lee aware of any outage not individual machine (Still website is down)


Simply not true. That's why You are receiving e-mail to claim YOUR miner downtime. But miner, not pools. You did bad choice of pools regarding geo-position of miner. It's Your choice.
BTW, never enough money. That's why I'm not considering myself as moneywise rich.
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