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

Quote from: chup on May 29, 2016, 09:45:42 AM

Quote from: Bombay on May 29, 2016, 09:01:13 AM

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 .