My headset has only just stopped working today, have had no issues for the past 3 weeks.
Now i am getting a green light whilst connected rather than blue.
System:
i5 4770k
16gb ram
gtx 1080
Pimax:
Serial 10281171502157
Firmware 1.0.0.265
Piplay version 1.2.91
I have tried other USB ports, other HDMI ports (no problems connecting other HDMI devices) rebooting, reinstalling piplay, installing an earlier version of piplay 1.2.75
Try going to display settings>multiple display settings>advanced display settings,disable Pimax 4k .
Then without removing any wires restart your pimax 4k and blue light should appear and it should detect this time.
I have tried it myself and worked for me so not 100% sure it will work for you.
However,tell if it works.