[lee group]1150$! The group buy of hosted bitmain S7 @4.73T online on 27th Jan!!

[wlefever]

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?

[mxnsch]

I sold back to pcfli at 0.95 btc / S7 to safe my precious time.

[sky_g]

MY 6 S7  giving me 8TH..........it is Joke.

[chup]

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?

[AleScamHole]

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~

[wlefever]

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!

[chup]

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.

[sky_g]

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 .



 

 

[chup]

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.

[bgibso01]

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.

[chup]

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... 

[chup]

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.

[chup]

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.

[chup]

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?!?!

[mxnsch]

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!

[chup]

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!

Finally I got fair offer for buyback. No other options so I did accepted. Will report when buyback is received.

[Kapz786]

Glad to have got out of this early enough seems to have become a shambles

[chup]

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!

Finally I got fair offer for buyback. No other options so I did accepted. Will report when buyback is received.

At this moment looks really bad.    My miners stopped working yesterday and I didn't received offer for shipping neither received buyback I accepted.
Will wait couple of days patiently. 

[mswells]

Yeah, my miner has also stopped.  I accepted the offer a few weeks ago, but haven't heard back at all yet !!   

[chup]

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!

Finally I got fair offer for buyback. No other options so I did accepted. Will report when buyback is received.

At this moment looks really bad.    My miners stopped working yesterday and I didn't received offer for shipping neither received buyback I accepted.
Will wait couple of days patiently. 

Now I don't get it. Two out of three S7 this morning started mining again. Still no offer for shipping, no buyback paid. Go figure...