server

A man in Changsha, Hunan spent 1.65 million to rent a server for "mining" and was scammed

ChainCatcher news reports that the Intermediate People's Court of Changsha City, Hunan Province, has released a typical case involving the environmental resource trial of virtual currency "mining."The plaintiff, Luo, signed three contracts with the defendant, a company in Hunan. The contracts stipulated that the defendant company would provide Luo with 5 servers for a total price of 1.65 million yuan; the defendant company promised that the "mining" profits would not be lower than the average level across the network, and if any penalties were incurred due to technical issues, the company would bear the corresponding losses. After the contracts were signed, Luo paid the actual owner of the defendant company, Fan, 1.65 million yuan in installments as required by the contract. However, Fan and his company failed to deliver the server equipment and software system to Luo, nor did they provide any investment returns as promised. Luo filed a lawsuit in court seeking to terminate the contract and claim damages.The Tianxin District Court of Changsha City determined that the contracts signed by both parties were invalid due to violation of public order and good morals. The defendant company incurred a cost of 60,000 yuan for renting cabinets from an external company, and considering that both parties were at fault regarding the invalidity of the contract, this loss should be borne equally by both parties, resulting in each party bearing 30,000 yuan. The defendant company in Hunan had received 1.65 million yuan from the plaintiff and should return 1.62 million yuan to the plaintiff; defendant Fan is jointly liable for the payment obligations of his company in Hunan; and Luo's other claims were dismissed.
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