Don't leach other peoples threads, ass.

Generally, a service provider limits their liability to the terms of their agreement via SLAs.  I.e., bitvps is not going to get any money from their hosting provider beyond a day or two credit (if it was the hosting company's fault) and bitvps will have to eat any overtime, etc., spent cleaning up the mess, along with any credit they have to issue to their customers, e.g., Goat.

Think about your cable modem.  If you work at home and your broadband connection goes down for the day, the cable company isn't responsible for your lost wages or the coffees you ended up buying at SBUX to use their wifi all day, even if it were a business account.  They would never make back the money you claim to have "lost".

However, when you call the cable company after it's cleared up, they'll credit your account for the outage, and usually round up (to the day, week, whatever) to appear customer focused.

The whole industry is built on a stack like this.  Why do data center providers have to use multiple network carriers, each of which exits a different side of the building?  Why do they have redundant power along with redundant generators?  It's because if the power company takes out a line, they don't go out of business.

Sure, they have insurance, but that is yet another negotiated agreement that will just balance expense and risk.

Goat's going to end up eating whatever loss is involved in the contents of that server.  He may choose to pay out of pocket, assuming he has the btc and can come to some terms with what is owed to miners.  Without backups, his ability to determine that is based on the honesty of the miners. (In math, we call that "epsilon".)  What he does is up to him, and yes, you'll probably feel ripped off.

Sure, bitvps failed to provide a service, and frankly, I do not believe they are qualified to run a hosting business for anything other than personal websites, but their liability is limited.  They just handled this in a really immature way in a public forum.  It would be in their best interests never to discuss this sort of issue in public, even if Goat made up lies such as,"They copied my wallet off the server and THEN set fire to it, and by the way, rg told me he was shakaru!"

EDIT: imsaguy is an annoyance.

hmm j/w if it is true that the server was sold before the lease agreement is up. bc in that instant your BitVPS Policy - # We are not liable for any damage or loss of data. All clients are responsible for the backup of their data. would be null and void since you broke the lease contract. at least that is how it would play out in a court.

Any ETA's by RG? Seems really unprofessional by a VPS company to sell their clients' servers while still in contract.