[www.easy2mine.com] 340$, the group buy of antminer s5(psu included)

[Biffa]

the fan system in data center have problem and we have to shut down all miner to protect the miner from over-heat， the engineer is already work on this issue，should be resolved soon

Hows it going? Down for 8+ hours so far.

[1715038433]

1715038433

[1715038433]

1715038433

[1715038433]

1715038433

[nzgrant]

any word on our hosted miners ?

[sneakgeekz]

4pm eastern time my miner is still down.

[sneakgeekz]

2. Insurance for the host miner
To ensure the people who buy host miner in my place will not lost money, we provide the following insurance
All of the host miner will have an option to resell after four month host and the price is calculated based on the following equation:
　　　　　　　　　　　　　　　　R= I+(H*4)-(M*E)
R:   Re-sell price
I：  Initial price of host miner
H:   Host fee:225$
M:   Mined btc during the four month,
E:   Exchange ratio of btc/usd from btc-e

Here is an example for understanding:
A buyer who have bought one host miner at the price of 2900$(I), the miner switched to his/her pool on Apr 18, and host in my place for four months, and mined 6.035 btc during these time. And the real-time exchange ratio of btc/usd in btc-e on 18 Aug is 410$ . Then this buyer will have an option to re-sell the miner to us at the price of
R= I+H*4-M*E=2900+(225*4)-(6.035*410)=3800-2475=1325$

 
I will get back with  the math done.

but I paid 2860 and  host fees. were 225+ 215 +  185  + (185 due) = 3670

 mined apr 20 to  apr 29 at  a diff of  6,978 ---   9  x .07214 = .64926 btc
 mined apr 29 to  may 12 at a diff of  8,000 ---  13 x .06293 = .81809
 mined may 12 to may 24 at a diff of  8,853 ---  12 x .05686 = .68232
 mined may 24 to june  5  at a diff of 10,455 --- 12 x .04815 = .57780
 mined June 5  to june 18   at a diff of 11,756 ---13 x .04282 = .55666
 mined june 18 to june 29  at a diff of  13,462 ---11 x .03740 = .41140
 mined june 29 to july  12  at a diff of 16,818 ----13 x .02993 = .38909
 mined july  12 to july 25   at a diff of 17,336 ----13 x  .02904 = .37752
 mined july  25 to aug  7   at a diff  of  18,736----13 x  .02687 = .34931

 will mine aug 7 to aug 20

total = 4.81145 btc x 584 usd btc-e = 2809

so 3670 - 2809 = 861 ?  pay back if it ended today>

So here I am I purchased my miner on apr 20 aug 18th comes to   120 days.     


I want to sell back the miner at your terms

I wanted to do this but was refused via email.

Said it's not cost effect for him to do that anymore.

Glad someone else has brought it up.

Is it true "price protection insurance" is no longer available, did he change the terms without informing his early adopter customers that have been paying these premium hosting rates?   

[muzzyshop]

Any news about this issue

[philipma1957]

2. Insurance for the host miner
To ensure the people who buy host miner in my place will not lost money, we provide the following insurance
All of the host miner will have an option to resell after four month host and the price is calculated based on the following equation:
　　　　　　　　　　　　　　　　R= I+(H*4)-(M*E)
R:   Re-sell price
I：  Initial price of host miner
H:   Host fee:225$
M:   Mined btc during the four month,
E:   Exchange ratio of btc/usd from btc-e

Here is an example for understanding:
A buyer who have bought one host miner at the price of 2900$(I), the miner switched to his/her pool on Apr 18, and host in my place for four months, and mined 6.035 btc during these time. And the real-time exchange ratio of btc/usd in btc-e on 18 Aug is 410$ . Then this buyer will have an option to re-sell the miner to us at the price of
R= I+H*4-M*E=2900+(225*4)-(6.035*410)=3800-2475=1325$

 
I will get back with  the math done.

but I paid 2860 and  host fees. were 225+ 215 +  185  + (185 due) = 3670

 mined apr 20 to  apr 29 at  a diff of  6,978 ---   9  x .07214 = .64926 btc
 mined apr 29 to  may 12 at a diff of  8,000 ---  13 x .06293 = .81809
 mined may 12 to may 24 at a diff of  8,853 ---  12 x .05686 = .68232
 mined may 24 to june  5  at a diff of 10,455 --- 12 x .04815 = .57780
 mined June 5  to june 18   at a diff of 11,756 ---13 x .04282 = .55666
 mined june 18 to june 29  at a diff of  13,462 ---11 x .03740 = .41140
 mined june 29 to july  12  at a diff of 16,818 ----13 x .02993 = .38909
 mined july  12 to july 25   at a diff of 17,336 ----13 x  .02904 = .37752
 mined july  25 to aug  7   at a diff  of  18,736----13 x  .02687 = .34931

 will mine aug 7 to aug 20

total = 4.81145 btc x 584 usd btc-e = 2809

so 3670 - 2809 = 861 ?  pay back if it ended today>

So here I am I purchased my miner on apr 20 aug 18th comes to   120 days.    


I want to sell back the miner at your terms

I wanted to do this but was refused via email.

Said it's not cost effect for him to do that anymore.

Glad someone else has brought it up.

Is it true "price protection insurance" is no longer available, did he change the terms without informing his early adopter customers that have been paying these premium hosting rates?  

No so sure that early adapters  lets say april 30th or earlier  are shut out of this.  

He did not offer  protection for later buyers.



 He may pay for March and April buyers. He ended the offer some time in may. (not sure when it was no longer offered for newer buyers)

  I will wait to see what he does As My buyout day is Aug 18th. In the meantime my miner is down.

[Biffa]

the fan system in data center have problem and we have to shut down all miner to protect the miner from over-heat， the engineer is already work on this issue，should be resolved soon

Hows it going? Down for 8+ hours so far.

Now down for 15 hours.

Looks like it came up for 10 minutes about 5 hours ago then went down again. I think its the premium hosting.

On another note, do you do the 90Mh/s A2 model? Its not on your price list but its still offered as a rental by your colleague notlist3d

[Jesehl]

All my Miner is down

[Easy2Mine]

Do not pm me about your miners down or other problems, I have no relation with www.easy2mine.com or with pcfli.
Pcfli should have claimed www.pcfli.com instead of www.easy2mine.com, I am in no way responsible with your miners down or other problems.
I will not respond to those pms.
The average temperature is dropping fast the last week in China, I myself had never problems with miners shutting down because of overheating problems.
The only times I have to shutdown my miners is because the electricity company is installing a new electricity meter and when I was pulling cables over from another house with a fixed rate of 0.56 yuan.

[pcfli]

sorry guys, one electrical pike destroyed all our fans, we have to shut down some miners to keep the temperature, although the temperature has  drop a lot last week, but we have more than 400 miners in our farm, it is no way to keep the temperature without working fan
we have contacted the factory to send new fan today, and will get the miner work after this problem is resolved,
sorry for that, such thing never happen during the last few month, and we only have 2 back up fans

sorry easy2mine, that is only the coincidence that our domain is the same with your forum id, he has no relationship with our website

[Easy2Mine]

Pcfli, have your circuit breakers replaced with not made in China circuit breakers.
Although they are rated 100A, they are actually 80A and are heat sensitive if they have run for a long time.
The 100A circuit breakers made in China are about 80 Yuan, buy in Hong Kong quality circuit breakers, they costs about 500 HK dollar and safe you a lot of headache.
The ones made in China will run fine for 2-3 months continues and then they will start to destroy your equipment, they are not made to run miners.
Miners are putting all sort of equipment to their limits.
Under normal conditions, the made in China circuit breakers are fine and can handle peak of 100A easily, but we are talking about bitcoin miners now and they are putting everything at their peak.
Put a small fan to cool your 100A and 400A circuit breakers untill you have replace it with quality circuit breakers.

[muzzyshop]

Ok....
 I am very disappointed in your service,
that is not "professional"  hosting
I have 5 1T dragon hosted miners and I just want to sell all.
The price for all is $4500
PM if You interesting

[Jesehl]

They went from Best to bad when they transferred. Hope they can recover

[Biffa]

sorry guys, one electrical pike destroyed all our fans, we have to shut down some miners to keep the temperature, although the temperature has  drop a lot last week, but we have more than 400 miners in our farm, it is no way to keep the temperature without working fan
we have contacted the factory to send new fan today, and will get the miner work after this problem is resolved,
sorry for that, such thing never happen during the last few month, and we only have 2 back up fans

I'm sure Mr Lee will consider compensating for lost earnings with an outage such as this, regardless of the reason, with a setup where any downtime is loss of earnings for your customers you should have more than enough failsafes in place to cover these sorts of eventualities.

This was a 24 hour outage of his more expensive hosting option, at current difficulty 1TH will earn 0.02549BTC or around $12.5 in that time and 1 days hosting is around $4.44.

A the minimum he could either give 3 days extra hosting or 0.03453BTC

These are the minimum numbers, other reputable companies would probably do more to compensate.

[nzgrant]

mine came up but is down again is this the same for everyone ?

[vulgartrendkill]

mine came up but is down again is this the same for everyone ?

Same for me.

[pcfli]

sorry, everyone, seems like we really need update our equipment to get the farm become more stable
we have tried to find the solution now
and our back up power and back up fan will online next week
then we will promise that the downtime will never exceed one hour

[nzgrant]

buga up again for a few minutes and down again

[nzgrant]

it just came back hopefully for good i need to sleep

[pcfli]

should be fine now
the totally downtime for some of the miner is almost 24 hours
and if the total downtime in this round exceed 48 hours, i will compensate