1. Platform Description
1.1 Core Service
Our platform offers hashrate rental services for cryptocurrency mining. We provide access to computing power (hashrate) rather than physical mining equipment. When you rent hashrate from us:
- You rent computing power (hashrate) from our data centers
- We set up and maintain all physical infrastructure
- You start earning based on the frequency of the machine you rented
- We ensure consistent payouts over cycles depending on what you rented
1.2 Service Features
- Hashrate Rental: Rent computing power for cryptocurrency mining
- Airdrops: Receive periodic rewards as part of our platform benefits
- Exchange System: Convert voucher codes to cash (admin-created codes)
- Honor System: Recognition program for top-performing miners
2. Account Registration and Security
2.1 Account Creation
To access our services, you must create an account by providing accurate and complete information. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.
2.2 Account Security
You agree to:
- Notify us immediately of any unauthorized use of your account
- Ensure that you exit from your account at the end of each session
- Not share your account credentials with others
- Maintain accurate and current registration information
2.3 Account Termination
We reserve the right to suspend or terminate your account at any time for any reason, including but not limited to violation of these Terms.
3. Hashrate Rental Services
3.1 Rental Process
- Browse available hashrate packages
- Select and purchase a rental package
- Rental activation occurs automatically after payment processing
- Payouts begin according to the frequency specified for your rental
3.2 Rental Terms
- Rentals are non-refundable once activated
- Rental periods are fixed based on the product specifications
- Payouts are calculated based on actual network performance and may vary
- We strive to provide consistent payouts but cannot guarantee specific earnings
- Maintenance periods may affect mining operations
3.3 Rental Modifications
We reserve the right to:
- Modify rental terms with prior notice
- Temporarily suspend mining operations for maintenance
- Adjust payout calculations based on network conditions
4. Financial Terms
4.1 Payment Processing
- All payments are processed in USD or other supported currencies
- Cryptocurrency deposits are converted to USD equivalent at time of deposit
- Payment processing fees may apply and are your responsibility
4.2 Payouts
- Payouts are distributed according to the frequency specified for your rental
- Payouts are processed automatically to your wallet within our platform
- We are not responsible for delays caused by external payment processors
4.3 Wallet Management
- You maintain a wallet within our platform for receiving payouts
- You are responsible for maintaining accurate withdrawal information
- We are not responsible for losses due to incorrect withdrawal addresses
5. Airdrop Program
5.1 Airdrop Distribution
Airdrops are distributed at our sole discretion. Airdrops may be awarded based on various criteria including but not limited to:
- Account activity
- Rental participation
- Community engagement
Airdrops have no cash value outside our platform.
5.2 Airdrop Terms
- Airdrops may be subject to expiration dates
- We reserve the right to modify or cancel the airdrop program at any time
- Airdrops are not transferable between accounts
6. Exchange System
6.1 Voucher Redemption
- Admin-created voucher codes can be exchanged for platform currency
- Vouchers may have expiration dates and usage limits
- Vouchers are non-transferable unless explicitly stated
6.2 Exchange Terms
- Voucher values are determined by administrators
- We reserve the right to refuse or cancel voucher redemptions
- Vouchers may only be used for their intended purpose
7. Honor System
7.1 Recognition Program
The Honor System recognizes top-performing miners on our platform. Recognition criteria are determined by our internal metrics. Honor status may affect eligibility for special promotions or rewards.
7.2 Honor Benefits
- Benefits associated with Honor status may change over time
- We reserve the right to modify or terminate the Honor System
- Honor status is not transferable between accounts
8. User Responsibilities
8.1 Acceptable Use
You agree not to:
- Use our services for any illegal purpose
- Attempt to gain unauthorized access to our systems
- Interfere with the proper functioning of our platform
- Use automated systems to access our services without permission
- Share your account with others
8.2 Compliance
You are responsible for:
- Complying with all applicable laws and regulations
- Reporting any technical issues or security concerns
- Maintaining accurate contact information
- Keeping your account information current
9. Our Responsibilities
9.1 Service Provision
We commit to:
- Maintaining the platform in good working order
- Providing reasonable customer support
- Processing payouts according to our stated terms
- Maintaining the security of your account information
9.2 Limitations
We do not guarantee:
- Specific earnings or returns on hashrate rentals
- Continuous, uninterrupted service
- Error-free operation of the platform
- Compensation for external factors affecting mining profitability
10. Intellectual Property
10.1 Our Rights
All content, trademarks, and intellectual property associated with our platform are owned by or licensed to Nemasoft. You may not use our intellectual property without our express permission.
10.2 Your Rights
You retain ownership of any content you submit to our platform, but you grant us a license to use, display, and distribute such content as necessary to operate our services.
11. Privacy and Data Protection
11.1 Data Collection
We collect personal information as described in our Privacy Policy to provide and improve our services.
11.2 Data Usage
We use your information to:
- Provide our services
- Communicate with you
- Comply with legal requirements
- Improve our platform
11.3 Data Security
We implement reasonable security measures to protect your information, but cannot guarantee absolute security.
12. Limitation of Liability
12.1 Disclaimer
Our services are provided "as is" without warranties of any kind. We disclaim all warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.
12.2 Limitation
In no event shall we be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or use.
12.3 Maximum Liability
Our total liability for any claims arising from these Terms or your use of our services shall not exceed the amount you paid for our services in the 12 months preceding the claim.
13. Indemnification
You agree to indemnify and hold harmless Nemasoft, its affiliates, officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses arising from your use of our services or violation of these Terms.
14. Termination
14.1 By You
You may terminate your account at any time by contacting our support team.
14.2 By Us
We may terminate or suspend your access to our services at any time for any reason, including but not limited to violation of these Terms.
14.3 Effect of Termination
Upon termination:
- You will lose access to your account
- Any pending payouts will be processed according to our standard procedures
- We may retain your information as required by law
15. Dispute Resolution
15.1 Governing Law
These Terms shall be governed by and construed in accordance with the laws of the Netherlands.
15.2 Jurisdiction
Any disputes arising from these Terms or your use of our services shall be subject to the exclusive jurisdiction of the courts in the Netherlands.
15.3 Alternative Dispute Resolution
We encourage you to contact us first to resolve any disputes informally. If a dispute cannot be resolved informally, you may pursue other legal remedies as provided by law.
16. Changes to These Terms
16.1 Modification Rights
We reserve the right to modify these Terms at any time. We will notify you of significant changes by email or through our platform.
16.2 Acceptance of Changes
Your continued use of our services after changes to these Terms constitutes acceptance of the modified Terms.
16.3 Effective Date
The effective date of any changes will be specified in the notification.
17. Miscellaneous
17.1 Entire Agreement
These Terms constitute the entire agreement between you and Nemasoft regarding your use of our services.
17.2 Severability
If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
17.3 Waiver
Our failure to enforce any provision of these Terms shall not constitute a waiver of that provision.
17.4 Assignment
You may not assign these Terms or your account without our prior written consent.
17.5 Contact Information
If you have questions about these Terms, please contact us at our support channels.