Please read all legal information carefully. Whether you are a visitor of the site or a registered user, your access to and use of the Bitminterfx.com services are conditioned by the information contained herein. If you disagree with these terms, do not access or use the website.
YOUR ORDER OF, USE OF, AND ACCESS TO, THE PRODUCTS, PRODUCT SITES AND CONTENT ARE SUBJECT TO ALL TERMS AND CONDITIONS CONTAINED
HEREIN AND ALL APPLICABLE LAWS AND REGULATIONS. PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. YOUR ORDER OF, ACCEPTANCE OF,
USE OF, AND/OR ACCESS TO, THE PRODUCTS, PRODUCT SITES AND/OR CONTENT CONSTITUTES YOUR AGREEMENT TO ABIDE BY EACH OF THE TERMS AND
CONDITIONS SET FORTH HEREIN. IF YOU DO NOT AGREE WITH ANY OF THESE TERMS OR CONDITIONS, DO NOT ORDER, USE OR ACCESS ANY PRODUCT,
PRODUCT SITES OR CONTENT, OR ANY OF THE INFORMATION WITHIN THE PRODUCT, PRODUCT SITES, OR CONTENT, AND CONTACT SUPPORT TEAM TO
CANCEL YOUR MEMBERSHIP.
You should print a copy of this Agreement or save it for your future reference.
1.1. Mining Hardware, Software, Services and Pool. Bitcoin mining hardware (hereinafter referred to as “the Mining Hardware”) consists of specialized computing hardware, computer programs, networking interconnectivity and associated facilities that run proprietary Bitcoin mining software (hereinafter referred to as “the Software”). We are selling you the specific volume of processing power (hereinafter referred to as “the Service” or “the Services”) of that Mining Hardware corresponding to an amount of processing power (measured in quantity of calculations per second or “Hashes”) specified in each order for probable, but not guaranteed, opportunity to earn. We rent all Mining Hardware to provide Services to you and other users (“Users”) and that we also use ourselves for our own account.
1.2. Rental of Mining Hardware. We rent the Mining Hardware to provide Services to you and our other Users, including customers who have current and valid Mining Contracts as well as to use ourselves for our own account. You acknowledge that by executing this Agreement and reserving the Mining Contract, and by logging into our Site and accessing your account, you undertake Bitcoin mining on your behalf, at your own risk and for your own benefit. Allocating the Mining Contract Capacity to you, we will use commercially reasonable efforts to rent the Mining Hardware on your behalf, partially on behalf of our other Users, and partially on behalf of ourselves. We retain for our own benefit the portion of the total Mining Hardware not allocated through Mining Contracts.
1.3. Mining Product. The Mining Hardware will mine Bitcoin by utilizing Power. The Bitcoin produced by the Mining Hardware (hereinafter referred to as “the Product”) will be centrally collected by us, and we will distribute a portion of the Product to the Users (“Customer Portion”) based upon the Mining Contract Capacity allocated under valid Mining Contracts held by Users during the period of effectiveness of your Mining Contract (the “Term”), with such distributions may be subject to Maintenance or other Fees according to the terms of a chosen tariff plan.
1.4. Distribution of Product Portions (Bitcoin). Customer Portions (Customers BTC) will be distributed to your Wallet.
2.1. Bitminterfx Account. Your Bitminterfx Account is used to store your product (hereinafter referred to as "Your Bitcoin") from time to time after a successful distribution from us. Be sure to safeguard the access credentials to your Bitminterfx Account.
2.2. Password. As part of the process of selecting and paying for the Services, you are required to create an account on our Site (hereinafter referred to as “the Account”) to provide your username (hereinafter referred to as "the User Name") and to provide your email and password (hereinafter referred to as “the Password”). To protect your Account and to prevent unauthorized access to it, keep your Password confidential. You are responsible for any activity that occurs on or through your Account. If you become aware of or suspect any unauthorized use of your Password or Account, please change your Password immediately and notify us as soon as possible via Contact or Support Team page.
2.3. Bitcoin Address. Your “Bitcoin Address" is the Bitcoin address that you save in your account to enable you send your Customer Portions (hereinafter referred to as "Your Bitcoin") from Your Bitminterfx Account directly to your Bitcoin Wallet. We do not operate your Bitcoin Wallet. By entering Bitcoin Wallet address you acknowledge the ownership of it. You are solely responsible for maintaining and controlling your Bitcoin Wallet. Be sure to safeguard the access credentials to your Bitcoin Wallet. Any Product is only as secure as your confidential access credentials. If you forget or misplace your access credentials to your Bitcoin Wallet or if others gain access to your Bitcoin Wallet, with or without your authorization, you could permanently lose your BTC assets, including any Customer Portions you transfer to your Bitcoin Wallet. To be clear, we have no liability for any operation or failure of your Bitcoin Wallet.
Your use of our Site is governed by this Agreement as posted on the Site from time to time. Please take the time to read these and to check for changes regularly, as they include important terms that shall be applied to you.
4.1 Access Requirements. Before you can use our Services, you must have a valid Service, we must approve such Service, and you must have a valid Account.
4.2. Customer Identification. Because providing Services may entail us undertaking financial risk on your behalf, whenever you reserve a Service, we may investigate your personal history in public records or your credit history or score. To register as a customer, as well as while being serviced, we may require you to provide us with identification or other documentation in order to help us prevent fraud or money laundering. This may include photographic identification and a recent proof of address. We may also undertake our own identity and fraud checks.
4.3. Your Due Diligence. By using our Services, you acknowledge and warrant that you have conducted sufficient due diligence to understand the risks associated with Bitcoin mining. You acknowledge that due to the difficulties in renting Mining Hardware, there may be delays affecting the rate at which we are able to bring the Mining Hardware online.
4.4. Necessary Hardware/Software. Unless otherwise provided, you are responsible for providing the hardware and software necessary to access our Services and for ensuring such hardware and software is capable of accessing our Site and using our Services, and you will bear all costs associated with the acquisition and maintenance of such hardware and software. We do not guarantee the functionality of our Services or our Site on any hardware or software. We will not be responsible or liable for any errors or failures from any malfunction of your hardware or software.
