Re: Compensation about shipment delay of S7 Batch 1

Dear loyal customers,

We're sorry to inform you that we didn't make the shipment of some orders today as promised. When we did the last spot check, we found some issues which cannot be delivered to you directly, engineers are working on it now and shipment should be arranged before end of next week.

Due to this trouble, we'd like to offer you the compensation following 97.5%*PPS payment according to the total hash rate of miners in order, starting from Oct. 11 Hong Kong Time, till the real shipping out date(which is not included), with electricity cost deducted at the price of $0.098/KWH.

The accounting unit is Bitcoin in the calculating, while USD is considered as a foreign currency. The day to day exchange rate will be get from Bitstamp daily average.

The final payment will be after we have collected your payment address, and we will inform you the way to confirm your receiving address with us.

After collect all the necessary info, we'll process the refund by batches, please wait for update patiently.

Thank you very much for an update, it is very much appreciated. What about the difference between B1 and the others, will anything be done to accommodate the pricing differences?

Ufo

Sounds like no coupons. Wow I guessed wrong complexity on this. Never guessed they would do PPS on day's till ship that is a new way for BM for sure.

I am pretty shocked right now. Not sure about everyone else on this.

Hmm well thats interesting. I didn't expect lost miner time income compensation. Id complain about the 0.1$/kWh but then again at current difficulty and the efficiency of the S7, that won't amount in too much.

I'm guessing they stopped shipping because they had so many bad units.

I think you are reading something into this wrong. I think it was that they did not have the unit's. They shipped under spec one's they just sent emails asking if it was ok for X compensation.

So they did ship those out to they did not only ship grade A out. It likely was they did not have them, or out of chips or something holding up the process. And the process went to a stand still for the holiday.