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Terms & conditions

BTC Miner

  1. DEFINITIONS

    1. "Account" is a User account, accessible after the registration process, where crypto assets may be stored after the mining process and withdrawn by the user to the third-party service.
    2. "Crypto Assets" shall mean for the purposes herein such type of assets which can only and exclusively be transmitted by means of block-chain technology, including but not limited to digital coins and digital tokens and any other type of digital mediums of exchange, such as Bitcoin, Ethereum, or Ripple.
    3. "Force Majeure Event" shall be understood as any event beyond MinerGate's reasonable control, including but not limited to a flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, suspension of bank accounts of any kind, extraordinary leaps in value of crypto assets; communications, network, or power failure; or equipment or software malfunction or any other cause beyond Btc Miner's reasonable control.
    4. "Mining" shall mean for the purposes herein a process in which transactions for various types of crypto assets are verified and added to the block-chain digital ledger resulting in some amount of crypto assets being distributed between the owners of processing power who participate in such a process.
    5. "Pool" shall mean for the purposes herein the pooling (merger) of resources by users, who connect their processing power with the help of the Platform, to split the crypto assets equally, according to the amount of processing power they contributed to the mining process.
    6. "Third-party service" is any platform or network in which crypto assets belong to you or where you are the beneficial owner of crypto assets; and this platform is maintained by a third party outside of the Platform; including, but not limited to third-party accounts.
    7. "Withdrawal" for the purposes herein shall mean a transaction of crypto assets out from a User’s Account, which is technically executed by BTC Miner in accordance with the User’s request.
  2. POSSIBILITIES AND SERVICES OF OUR PLATFORM

    1. BTC Miner is a Platform, combining several mining Pools which allows you to mine different types of crypto assets. The list of assets supported by the Platform can be found on our Website here: btcminer.pro
    2. Crypto Assets Mining
      1. Our Platform allows users to connect their processing power in one mining pool for the purpose of obtaining crypto assets. To use our Platform, the user shall download a special application from our Website. To obtain more information about the rules and procedures of the mining process you shall carefully read and scrutinize the respective manuals on our Website.
      2. On our Website you can find additional information about the mining of crypto assets, namely:
        • step-by-step guides about how to work with the Platform on different operating systems;
        • instructions on how to start mining different types of crypto assets on console miners and on GUI miners;
        • if you have more questions about the process of mining crypto assets you can contact us at support@btcminer.pro
      3. As far as you sharing your processing power with other users, BTC MINER cannot warrant that you will obtain a particular amount of crypto assets in a particular timeframe. That is why you INDEMNIFY AND HOLD BTC MINER HARMLESS AGAINST ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ORIGINATED FROM OR IN ANY WAY CONNECTED WITH MINING CRYPTO ASSETS ON OUR PLATFORM.
    3. Registration of an account with BTC MINER
      1. It is necessary to go through the registration process and create an account with MinerGate to use some features of our Website as it may be prescribed herein.
      2. MinerGate reserves the right, in its sole discretion, to limit the number of Accounts that you may hold, maintain or create. Accounts cannot be assigned to any third party.
      3. When you create an Account, you undertake to:
        • create a strong password that you do not use for any other websites, online or off-line services;
        • provide accurate and truthful information. Please check our Privacy Policy regarding how we collect, use and share your personal information;
        • agree to pass through our internal security procedures, which may be applied to you from time to time;
        • maintain and promptly update your Account information;
        • maintain the security of your Account by protecting your password and restricting access to your Account;
        • promptly notify Us if you discover or otherwise suspect any security breaches related to your Account;
        • take responsibility for all activities that occur under your Account and accept all risks of any authorized or unauthorized access to your Account, to the maximum extent permitted by law.
    4. Withdrawal of Crypto Assets from the Account
      1. Our Platform allows Users to withdraw crypto assets from their Accounts to external third-party services except under certain limitations, which may be updated from time to time. YOU INDEMNIFY AND HOLD MINERGATE HARMLESS AGAINST ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ORIGINATED FROM OR IN ANY WAY CONNECTED WITH YOUR WITHDRAWALS IN VIOLATION OF SETTLED LIMITATIONS.
      2. Withdrawal of crypto assets is only possible for users, who pass the registration process as prescribed in cl. 2.3 of the Terms, create an Account on our Platform and verify an e-mail.
      3. Ownership verification. In case you are required to verify that you possess a wallet, address or any other crypto assets' storage that you use to withdraw crypto asset from your Account, you undertake to provide such verification by following MinerGate instructions.
      4. Withdrawal Authorization. When you request Us to withdraw crypto assets from your Account, you authorize us to execute such a withdrawal via the Platform.
      5. Irreversibility. Withdrawals cannot be canceled by MinerGate.com. Therefore, check the details of your withdrawal very carefully before making a withdrawal. We are not responsible for your crypto assets once they have been sent to a third-party service.
      6. No control over third-party services. You may be charged fees by the third-party service you use to withdraw crypto assets from your Account. MinerGate is not responsible for any third-party services' fees. You are solely responsible for your use of the third-party services, and you agree to comply with all terms and conditions applicable to any third-party service.
      7. Rejected or Suspended Withdrawals. In some cases, a third-party service may reject your request for crypto assets to be processed, suspend the withdrawal of your crypto assets, or be not able to support the withdrawal, or may otherwise be unavailable. YOU AGREE THAT YOU WILL NOT HOLD MINERGATE LIABLE FOR ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ORIGINATED FROM OR IN ANY WAY CONNECTED WITH SUCH REJECTED OR SUSPENDED ETC. WITHDRAWALS.
      8. Delays. Subject to the terms and conditions of these Terms, We will use commercially reasonable efforts to execute all withdrawals on a spot basis as soon as practicable. However the timing associated with withdrawal of crypto assets depends upon, inter alia, the performance of third-parties services, and We make no guarantee that crypto assets will be withdrawn in any specific timeframe. YOU HEREBY UNDERSTAND AND ACKNOWLEDGE, THAT ANY DELAYS ARE POSSIBLE; YOU INDEMNIFY AND HOLD MINERGATE HARMLESS AGAINST ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE WITHDRAWAL DELAY, WHETHER ORIGINATED FROM OUR FAULT OR NOT.