Post
Topic
Board Group buys
Re: [lee group]1150$! The group buy of hosted bitmain S7 @4.73T online on 27th Jan!!
by
Bombay
on 30/05/2016, 09:46:04 UTC

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.

Yes Lee accepted 110 hrs for each machine as down time .

http://i64.tinypic.com/x1m80g.png