Veryhash hashrate mining sharing service agreement

                                                                                                                                                            2019.9.5

 

Please read the following instructions carefully before purchasing. Submitting an order and completing the payment is deemed to have fully understood and accepted the following instructions:

 

1. This website and any mobile applications (collectively referred to as "this website") are owned by Veryhash ("we", "us" or "Veryhash"). We provide access to this website (and our "Services") in accordance with the following terms and conditions.

 

2. By browsing, accessing,, using, registering or purchasing the products on this website or using our services, after you agree to all of the following terms and conditions, including any of the policies mentioned herein (collectively, the "Terms"). So please read these terms and conditions carefully. We reserve the right to change this website and these terms at any time. If you do not wish to be bound by these terms, you should not browse, access, use, register or purchase from this website.

 

3. You represent and warrant that you are at least 18 years of age or have visited this website under the supervision of a parent or guardian.

 

1. Our Privacy Policy also applies to your visit to our website, please visit https://veryhash.com . Please review our Privacy Policy to learn how we collect, use and share information about our users.

 

1. The hashrate power is converted from the user's entrusted purchase of the rated parameters of the mining machine;

 

2. After the user completes the order and pays successfully, we will complete the mining machine purchase and deployment in time, and display the daily mining income in the order revenue interface.

 

1. The cost of a Veryhash hashrate mining sharing package

 

( 1 ) The cost of the hashrate mining sharing package includes: mining machine fee and comprehensive electricity fee.

( 2 ) hashrate royalty: The price of the user entrusted to purchase the hashrate is determined by the current market price of the crypto currency market, and the future market forecast and other factors are determined by the mining machine market.

( 3 ) Comprehensive electricity fee: The comprehensive electricity fee charged by Veryhash will be used to calculate the electricity bill generated by the calculation power, the operation and maintenance of the mining machine, and the heat treatment; Veryhash reserves the right to make adjustments to the comprehensive electricity bill at its discretion in the future.

 

2. Crypto currency per T calculation: The income of hashrate shall be paid into the user's account after deducting 2% management fee from the mining data of the crypto mining pool;

 

3. The calculation method of electricity fee is: hashrate per T price * 24 hours * hashrate ;

 

4. The proceeds from the digital money will be paid daily into the user registered in the Veryhash account.

 

5. Veryhash has the right to adjust the transaction price reference, electricity and management fees including but not limited to income calculation method, legal tender and digital money according to actual operation and market conditions, and publish it on the website one week in advance.

 

1. The entrusted management period is based on the platform order data. During the entrusted period, with the consent of Veryhash, you can transfer the calculated power share to others. Veryhash will charge the seller 1% transfer fee. Unless you hold all the calculation power shares of a mining machine and have settled all the expenses that should be paid to Veryhash (not limited to the agreement under this agreement), you are not entitled to dispose of the mining machine corresponding to the calculation.

 

1. Users can not require Veryhash to clear before the contract expires, but may transfer the calculation power on the website. When the entrusted agreement expires, it will automatically enter the liquidation stage. Veryhash will be responsible for trading the mining machine and supporting power supply corresponding to the calculation power at the current market price, and deducting the 2 dollars of the cost of each mining machine, and settled in legal tender. You are solely entitled to the liquidation gains from your share of the mining machine.

 

2. When the net income of the calculation period is less than 0 for 10 consecutive days during the trusteeship period , the user will be notified to enter the liquidation stage. Veryhash will be responsible for trading the mining machine and supporting power source corresponding to the calculation power at the current market price, and deducting each mine of the cost of 2 dollars, and settled in legal tender .You are solely entitled to the liquidation gains from your share of the mining machine.

 

1. You fully understand and fully agree that the investment in the mining power entrusted management project is in great risk and voluntarily assumes all possible losses.

 

2. You will need to enter your username and password when using some of the specific features of the power service provided by Veryhash . If you are unable to access your account for reasons such as forgotten your password, Veryhash has the right to request specific information including personally identifiable information, including but not limited to: identification;  residence certificate; telephone number. , e-mail proof of ownership, and any identifiable activity on the site, such as transaction ID, order number, etc.; however, you promise that you will not share your username and / or password with others or allow any other third party to use your account . Veryhash does not accept any liability for the improper use of your account or password by you or any other third party and the consequences and losses. If you believe that your username and / or password are known to others or that your account has been used by someone else, you should notify Veryhash immediately.

 

3. There is a legal risk in the use of digital money. Since the current legal regulation of digital currency is not mature, its value may not be protected by law / regulation, and its actions may be terminated as violations of laws or policies.

 

4. Due to the nature of the digital money, the value of any digital money holder and any number of any digital money may lose some or all of its value at any time; for all losses due to the reduced value of the digital money (corresponding to the legal tender) you are responsible for it, Veryhash shall not assume responsibility.

 

5. The information on this website does not constitute an offer of any kind, nor should it be considered or understood as an offer to sell or purchase any securities, commodities or other financial products. In addition, Veryhash does not constitute an investment advisor and any information on the Veryhash website does not constitute an offer of investment advice. Veryhash does not warrant that any goals, assumptions, expectations, strategies and / or purposes expressed or implied by the Site have been or will be fulfilled, nor does it guarantee that the activities or any performance described by the Site will continue as such or continue in the future as described in the Site.

 

1. You may not use the services provided by this website or Veryhash to engage in activities that violate applicable laws and regulations. Do not use this website to create, copy and disseminate the following information:

Inciting resistance, undermining the Constitution and laws, administrative regulations; inciting subversion of state power, overthrowing state institutions; undermining national unity ;    fabricating or distorting facts, spreading rumors, disrupting social order; propagating feudal superstition, obscenity, pornography, gambling, violence, murder, Terror, abetment ; blatant insult to others or fabricated facts; damage to the credibility of state organs ; other violations of applicable laws and regulations ;

 

2. You agree to comply with all applicable laws and regulations, this agreement and all rules applicable to this Website and Services.

 

3. You agree that you are solely responsible for the associated tax liability arising from the use of the services provided by Veryhash .

 

4. You must contact Veryhash in a timely manner if you discover or suspect that other users have violated the agreement in this agreement or have any fraud or misconduct.

 

5. Users may not maliciously register their website accounts in any way, including but not limited to multiple account registrations to obtain profits and rewards;

 

6. Users should not steal other user account information or perform other actions that affect the security of other user accounts;

 

7. Users should not use the computing power provided by Veryhash to attack illegal activities such as the Internet;

 

8. Intellectual property rights in any content displayed on the Veryhash website or application, including but not limited to articles, images, news, materials, website structure, website layout, website design, unless otherwise stated, are fully owned by Veryhash .  Users should respect the intellectual property of Veryhash .

 

9. Without Veryhash authorized or permitted, the user may not Veryhash in the name of or on this website and / or use of this site information / data or engage in any business activities for the benefit;

 

10. You promise and guarantee that the use of the mine sharing service provided by Veryhash will not have a negative impact on the Veryhash reputation or cause Veryhash to bear legal or other penalties, sanctions;

 

11. If the user violates the above provisions, Veryhash reserves the right to directly take all necessary measures to cancel the benefits of the violation, and / or through legal means to pursue the user's legal and other related responsibilities.

 

1. Major emergencies due to earthquakes, typhoons, floods or other natural disasters, fires, explosions, actions by government or military authorities, turmoil, riots, wars, changes in legal policy, or other unforeseen and unavoidable mines that cannot continue to operate If the irresistible cause causes the project to be suspended in advance , Veryhash will not be liable for compensation, and Veryhash will do its utmost to assist the user.

 

1. For any violation of this Agreement user (including, but not limited to: the user does not pay for services according to the agreement, users Veryhash services provided in the user's country of residence / unlawful other regions), Veryhash reserves the right to suspend or terminate Provide services to users and require users to compensate for the related losses suffered by Veryhash .

 

2. If Veryhash has reason to suspect that you have used the services and / or the website provided by Veryhash in a fraudulent or other improper manner , Veryhash reserves the right to suspend the service to you or ask you to suspend the use of this website until you are able to provide a Veryhash- compliant prove.

 

1. Abstaining: Veryhash does not enforce one or more of the terms of this Agreement, or does not exercise any of its rights under this Agreement, or does not require the user to perform any of its obligations under this Agreement at any time, shall not be understood. The waiver of the above terms by Veryhash , or in any way affecting the validity of this Agreement or Veryhash the enforcement of the terms of this Agreement, shall not prevent anyhash from taking any other action it is entitled to at any time.

 

2. Dividable: If any provision of this Agreement is deemed to be unlawful, invalid or unenforceable for any reason, such provision shall be deemed to be severable and shall not affect the legal effect of any other provision.

 

3. Applicable Law: All disputes, claims or other matters arising out of or relating to the use of the services provided by Veryhash and / or the Website are subject to the laws of the Hong Kong Special Administrative Region.

 

4. Any disputes arising out of or in connection with this Agreement shall be settled by negotiation between the two parties. If the parties are unable to reach an agreement within 30 days after the dispute arises , they shall be submitted to the Hong Kong International Arbitration Centre for arbitration and in accordance with the notification of the arbitration. The effective Hong Kong International Arbitration Center Institutional Arbitration Rules will be finally resolved. The law applicable to this arbitration clause is Hong Kong law. The place of arbitration shall be Hong Kong . If other places are chosen, it is generally necessary to pay the travel expenses of the arbitrator. The number of arbitrators is one ( may be one or three ) . The language applicable to the arbitration proceedings shall be conducted in accordance with the Chinese language.

 

Veryhash reserves the right to modify and finalize the above terms at any time. If you have any questions about this Privacy Policy, please send an email to support@veryhash.com .