iMiner-BTC
User Service Agreement
[Effective Date]: This Agreement shall become effective from the date the user clicks "Agree" or successfully registers.
Article 1: Acceptance and Confirmation of the Agreement Before using the cloud mining machine services provided by this platform (hereinafter referred to as the "Platform"), users should carefully read and fully understand this Agreement (including various rules, announcements, and supplementary agreements). By clicking "Agree" or registering an account, the user is deemed to have fully understood and voluntarily accepted all terms of this Agreement and has entered into an agreement with the Platform. The content of this Agreement includes but is not limited to the main body of this Agreement, announcements published by the Platform, various rules, and updates issued by the Platform from time to time. These constitute an integral part of this Agreement and have the same legal effect.
Article 2: Definitions
For the purpose of this Agreement, the following terms are defined as follows: Platform: Refers to the iMiner-BTC cloud mining service platform. User: Refers to any natural person or legal entity who registers, logs in, and uses the services provided by the Platform. Cloud Mining Machine: Refers to the virtual computing power products purchased by users on the Platform, whose earnings are generated based on the Platform’s internal algorithm simulation of mining operations for virtual digital assets (such as Bitcoin BTC). Earnings: Refers to the amount of virtual Bitcoin obtained by users through the cloud mining machine service. The earnings amount is dynamically calculated in real time based on the Platform’s algorithm, global network hash rate, mining machine depletion, and advertising compensation mechanisms. Mining Machine Depletion Mechanism: Refers to the decline in virtual computing power over time due to system settings, resulting in a decrease in daily earnings. Advertising Compensation Mechanism: Refers to a mechanism where users can watch ads provided by the Platform to partially or fully offset the mining machine depletion and restore computing power. The specific recovery ratio and rules are subject to Platform announcements.
Article 3: Service Content
The Platform provides the following services to users: ○ Purchase, management, and earnings inquiry of cloud mining machines; ○ Daily earnings of virtual digital assets calculated according to the Platform’s algorithm; ○ Withdrawal of earnings and related transaction services (users' withdrawals and sales activities must comply with applicable laws and regulations). Users should be aware that the services provided by the Platform are all virtual. Purchasing a cloud mining machine does not mean ownership of any physical equipment.
Article 4: Earnings and Risk Disclosure
The earnings rate of cloud mining machines is a reference value calculated based on the Platform’s internal algorithm and may be affected by various factors, including global network hash rate fluctuations, mining machine depletion, advertising compensation participation, and algorithm adjustments. Actual earnings may be higher or lower than expected. Before purchasing and using the cloud mining machine service, users should fully understand the product features and market risks, make their own judgment on whether they are suitable for participation, and bear all associated risks. The Platform does not bear any responsibility for fluctuations in earnings, losses, or investment failures caused by market volatility, algorithm adjustments, system failures, or other uncontrollable factors.
Article 5: Advertising Compensation and Depletion Mechanism
Mining Machine Depletion: The Platform sets a certain percentage of “depletion” in the daily operation of the cloud mining machine due to system settings, causing the actual daily earnings to be lower than the expected earnings at full computing power. The specific depletion rate and calculation method are subject to the system display on the Platform. Advertising Compensation: To encourage users to actively participate and optimize their earnings, the platform allows users to offset miner wear by watching advertisements. Each advertisement viewed restores a certain percentage of miner degradation. Specific rules and daily viewing limits are subject to platform announcements. User Acknowledgment: Users acknowledge and agree that changes in earnings, calculation methods, and other factors due to advertising compensation and depletion mechanisms are subject to adjustment by the Platform at any time. Adjustments do not constitute compensation or retroactive recovery of past earnings.
Article 6: Disclaimer and Risk Assumption
Virtual Product Attribute: Users acknowledge that cloud mining machines are virtual products, and the Platform simulates the operation and earnings process of a “mining machine” based on internal algorithms. Purchasing a cloud mining machine does not mean owning, controlling, or operating any physical mining equipment. All earnings are virtual digital assets.
No Earnings Guarantee: The Platform only calculates earnings based on existing algorithms and market data but does not promise or guarantee any fixed earnings or profits. All earnings data are for reference only and should not be relied upon for investment decisions.
Risk Assumption: Users fully understand and voluntarily assume all risks associated with using cloud mining machine services, including but not limited to:
○ Earnings reductions or losses caused by fluctuations in the global network hash rate, market price changes, advertising revenue changes, system maintenance, technical failures, network delays, or interruptions;
○ Earnings changes due to the Platform’s adjustments to earnings algorithms, mining machine depletion, or advertising compensation mechanisms;
○ System interruptions or data losses caused by force majeure (such as natural disasters, policy changes, hacker attacks, etc.).
Disclaimer: Unless otherwise required by law, the Platform is not liable for any direct or indirect losses (including but not limited to expected earnings losses, investment losses, information errors, technical failures, etc.) arising from users’ use of the Platform’s services. Users acknowledge that the Platform is not responsible for earnings reductions due to failure to watch advertisements or reasonable adjustments to earnings algorithms, mining machine depletion, and advertising compensation mechanisms.
Right to Adjust: The Platform reserves the right to adjust earnings algorithms, mining machine depletion mechanisms, and advertising compensation rules at any time based on market, regulatory, and operational needs. Adjustments will be notified through announcements and system prompts. Continued use of the Platform’s services constitutes user acceptance of the adjustments, and the Platform assumes no responsibility for post-adjustment compensation.
Article 7: User Rights and Obligations
Users have the right to use cloud mining machine services in accordance with this Agreement and Platform rules.
Users must provide accurate registration information and are responsible for account and password security. Transferring accounts or passwords to others is prohibited. The Platform is not responsible for account security issues caused by users.
Users must not use the Platform’s services for any illegal, unlawful, or harmful activities. The Platform reserves the right to restrict, freeze, or terminate services for violations and pursue legal responsibility.
Users are responsible for regularly reviewing Platform announcements and rule updates to stay informed of service changes and risk disclosures.
Article 8: Platform Rights and Obligations
The Platform reserves the right to modify this Agreement and related rules based on operational, market, and regulatory conditions. The modified Agreement will take effect upon announcement. The Platform may suspend or terminate services for users who violate this Agreement or legal regulations without assuming liability for any resulting losses. The Platform will take reasonable measures to protect user information security but is not liable for data leaks caused by force majeure or third parties.
Article 9: Agreement Modification and Termination
The Platform reserves the right to modify this Agreement at any time. The modified Agreement will be announced on the Platform and take effect from the date of announcement. If users disagree, they should immediately stop using the Platform. If a user violates this Agreement or legal regulations, the Platform has the right to suspend or terminate their services without liability.
Article 10: Dispute Resolution and Legal Jurisdiction
The conclusion, execution, and interpretation of this agreement, as well as any disputes arising from or related to this agreement, shall be governed by the relevant laws of the company's location. In the event of any disputes arising from this agreement, both parties shall first attempt to resolve them amicably through negotiation. If negotiations fail, either party may file a lawsuit with the competent court in the platform's location.
Article 11: Miscellaneous
The Platform provides the following services to users: This Agreement constitutes the entire agreement between the user and the Platform regarding cloud mining services. If any provision is deemed invalid, it does not affect the validity of the remaining provisions. User actions on the Platform signify acceptance of all terms and risk disclosures in this Agreement.
Please carefully read the above "User Service Agreement," especially Section 6, "Disclaimer and Risk Assumption." By using the platform's services, you acknowledge that you have fully understood and accepted all the terms and risk notices in this agreement and voluntarily assume the associated risks.