Last Updated: May 5, 2024
Welcome to Cloudbitminer ("we," "us," or "our"), a cloud cryptocurrency mining service. These Terms of Service ("Terms") govern your access to and use of our website, platform, and related services (collectively, the "Services"). By accessing or using the Services, you ("you" or "User") agree to be bound by these Terms. If you do not agree with these Terms, you must not use the Services.
We may update these Terms from time to time to reflect changes in our practices, services, or legal requirements. We will notify you of significant changes by posting the updated Terms on our website with a revised "Last Updated" date. Your continued use of the Services after such changes constitutes your acceptance of the updated Terms.
To use the Services, you must:
By using the Services, you represent and warrant that you meet these eligibility requirements. We reserve the right to refuse service to anyone who does not meet these criteria.
To access certain features of the Services, such as purchasing mining contracts or withdrawing rewards, you must create an account. You agree to:
You are responsible for all activities that occur under your account. You must:
We are not liable for any losses or damages resulting from your failure to secure your account.
We may require you to verify your identity to comply with anti-money laundering (AML) or know-your-customer (KYC) regulations. This may include submitting government-issued identification, proof of address, or other documentation. Failure to provide requested information may result in account suspension or termination.
Cloudbitminer provides cloud mining services, allowing you to rent computing power (hashrate) to mine cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), or other supported coins. You acknowledge that:
You agree to use the Services only for lawful purposes and in accordance with these Terms. You must not:
The Services may not be available in certain jurisdictions due to legal restrictions. You are responsible for ensuring that your use of the Services complies with local laws. We may restrict access to the Services in jurisdictions where cryptocurrency mining is prohibited or heavily regulated.
You may purchase mining contracts to rent hashrate for a specified duration. Each contract includes details such as:
Contracts are non-transferable and non-refundable unless otherwise stated in the contract terms or required by law.
You agree to pay all fees associated with your use of the Services, including:
All payments are final unless otherwise specified. We are not responsible for errors in payment details provided by you, such as incorrect wallet addresses.
You may withdraw mining rewards to your designated cryptocurrency wallet once you meet the minimum withdrawal threshold. Withdrawals are subject to:
We are not liable for losses caused by incorrect wallet addresses or blockchain-related issues beyond our control.
All content, software, designs, logos, and other materials provided through the Services (collectively, "Content") are owned by Cloudbitminer or our licensors and are protected by intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to access and use the Content solely for personal, non-commercial purposes in connection with the Services. You must not:
You may terminate your account at any time by contacting us at support@Cloudbitminer.com. Upon termination, active mining contracts may continue until their expiration unless otherwise agreed. No refunds will be provided for prepaid contracts unless required by law.
We may suspend or terminate your account or access to the Services, with or without notice, if:
Upon termination, you will lose access to your account, and any unpaid mining rewards may be forfeited, subject to applicable laws.
The Services are provided on an "as is" and "as available" basis. We make no warranties, express or implied, regarding:
We do not guarantee uninterrupted access to the Services and are not liable for interruptions caused by maintenance, technical issues, or external factors such as power outages or internet disruptions.
To the maximum extent permitted by law, Cloudbitminer, its affiliates, officers, directors, employees, and agents will not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or cryptocurrency, arising from or related to your use of the Services. Our total liability for any claim will not exceed the amount you paid for the Services in the six months prior to the claim.
You acknowledge that cryptocurrency mining involves significant risks, including market volatility, regulatory changes, and technical failures, and you assume these risks by using the Services.
You agree to indemnify and hold harmless Cloudbitminer, its affiliates, and their respective officers, directors, employees, and agents from any claims, damages, losses, or expenses (including legal fees) arising from:
These Terms are governed by the laws of [Your Jurisdiction, e.g., Delaware, USA], without regard to its conflict of law principles.
Any disputes arising from these Terms or your use of the Services will be resolved through binding arbitration in accordance with the rules of the [Arbitration Association, e.g., American Arbitration Association]. Arbitration will take place in [City, State/Country], and the language of arbitration will be English. You waive any right to participate in a class action lawsuit or class-wide arbitration.
Notwithstanding the above, we may seek injunctive relief in any court of competent jurisdiction to protect our intellectual property or prevent irreparable harm.
We are not liable for any failure to perform our obligations under these Terms due to events beyond our reasonable control, including but not limited to natural disasters, power outages, cyberattacks, blockchain network failures, or changes in government regulations affecting cryptocurrency mining.
These Terms, along with our Privacy Policy and any applicable mining contract terms, constitute the entire agreement between you and Cloudbitminer regarding the Services.
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.
Our failure to enforce any right or provision of these Terms does not constitute a waiver of that right or provision.
You may not assign your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations to a third party, such as in the case of a merger or acquisition.
These Terms do not confer any rights or benefits to third parties, except as expressly stated.
If you have questions, concerns, or complaints regarding these Terms or the Services, please contact us at:
Cloudbitminer
Email: support@Cloudbitminer.com
Address: 3855 Ambrosia Street Suite 301 Castle Rock, CO 80109
We aim to respond to all inquiries within 7 business days.
Thank you for choosing Cloudbitminer. We look forward to providing you with a secure and rewarding cloud mining experience.