Order Policy

This website, http://www.bitmainminers.com (the “Site”), is being made available to you free-of-charge. The terms “you”, “your”, and “yours” refer to anyone accessing, viewing, browsing, visiting or using the Site. The terms “we”, “us”, “our” and BITMAIN MINERS refer to BITMAIN DEVELOPMENT PTE. LTD. (with respect to non-U.S. users), BITMAIN TECHNOLOGIES DELAWARE LIMITED (with respect to U.S. users) and their respective affiliates and/or subsidiaries. We reserve the rights to change the nature of this relationship at any time and/or to revise these Terms and Conditions from time to time as we see fit. As such, you should check these Terms and Conditions periodically. Changes will not apply to any orders we have already accepted unless the law requires. If you violate any of the terms of these Terms and Conditions you will have your access canceled and you may be permanently banned from accessing, viewing, browsing and using the Site. Your accessing, viewing, browsing and/or using the Site after we post changes to these Terms and Conditions constitutes your acceptance and agreement to those changes, whether or not you actually reviewed them. At the beginning of this page, we notify you of the date these Terms and Conditions were last updated. Entering the Site will constitute your acceptance of these Terms and Conditions. If you do not agree to abide by these terms, please do not enter the Site.

HOW TO ORDER THROUGH THE SITE
After placing an order, you will receive an order receipt confirmation email from us acknowledging that we have received your order.

After receiving your payment, we will send a payment receipt email notifying the receipt of your payments with the title “BITMAIN MINERS Order Paid”. We reserve the right to cancel your order if we fail to receive your payments in the period designated by us.

Please note that these emails do not mean that your order has been accepted or confirmed. Your order constitutes an offer to us to buy a product.

All orders are subject to acceptance by us, and we will confirm such acceptance to you by sending you a shipping confirmation email confirming the shipment of your order with the title “BITMAIN MINERS Order Shipped”.

You can review the status of your Order anytime by accessing your User Account created the first time you place an order on our Site.

Your order will only be accepted by us and a contract will only be formed with us when we send you the shipping confirmation. The contract will relate only to those products whose shipment we have confirmed in the shipping confirmation. We will not be obliged to supply any other products which may have been part of your order but are not included in the shipping confirmation. We reserve the right to cancel your order at any time before we have accepted the order and shipped the products and we may rescind our acceptance and cancel your order where:

(1) there has been an obvious error in price;

(2) the product probably cannot be shipped to the designated address due to the change of custom’s policy or import control of certain country or other Force Majeure event; or

(3) the product is no longer in our or our third party fulfillment provider’s inventory.

Please do not place your order with anyone or anybody claiming to be an official representative of us over email or Skype or any web site other than the Site. It can be a scam and your confirmed order may never be delivered in such cases. We are not bound by such order, we will not be responsible to offer any kind of compensation in such cases, and we will not be liable for any and all losses or damages arising out of such cases.

PRICES AND AVAILABILITY OF PRODUCTS
Prices and availability of products on the Site are subject to change without notice. Errors will be corrected when discovered. Despite our best efforts, the products listed on our Site may be outdated. We will normally verify prices as part of our dispatch procedures so that, where a product’s current price is less than our stated price, we will charge the lower amount when dispatching the product to you. If a product’s current price is higher than the price stated on our Site, we will normally, at our discretion, either contact you for instructions before dispatching the product, or reject your order and notify you of such rejection. We are under no obligation to provide the product to you at the outdated (lower) price, even after we have sent you an Order Receipt Confirmation or Payment Receipt, if the pricing error could have reasonably been recognized by you as a pricing error. Prices of products on the Site are fixed in a USD value. The payments for Orders are accepted in US Dollars.

On occasion, you may be able to place a product in your shopping cart and submit your order for processing, but your order is subsequently canceled due to the unavailability of product. You acknowledge that products may be sold quickly and there may be a short time gap after an order has been submitted, but where the product is no longer available. You agree that we may cancel your order after you have received an Order Receipt Confirmation or a Payment Receipt without penalty. On very rare occasions, you may receive a Shipping Confirmation from us, but the product is no longer available in our or our third party fulfillment provider’s inventory. You agree that we may rescind our acceptance and cancel your order without penalty if we are unable to ship the product you ordered due to unavailability.

All purchases are final. On rare occasions we may, at its sole discretion, make an exception. Such exceptions are made on a one time only basis and do not obligate us in any way whatsoever in subsequent cases.

You consent to receive sales invoices electronically. Electronic invoices will be made available in the User Profile area of the Site.

Let me know if you’d like any further adjustments!

”[FILECOIN

TERMS & CONDITIONS” color=”rgb(0, 0, 0)”]

Filecoin Storage Server Terms & Conditions

These Filecoin Server Terms & Conditions (“Filecoin Server T&Cs”) shall be read together with the Standard Terms & Conditions (“Standard T&Cs”) that apply to all orders placed on shop@bitmainminers.com (“BITMAIN MINERS Website”). Click here for a complete list of the Standard T&Cs. In the event of any ambiguity or discrepancy between these Filecoin Server T&Cs and the Standard T&Cs, the clauses of these Filecoin Server T&Cs shall prevail.

Product Details
The type of product you are purchasing is On-Rack [Filecoin Storage Server] (“Product”). You understand that the Product is purchased together with the hosting service and will be delivered “on-rack,” i.e. it will not be delivered to your designated place or be available for self-pick-up upon purchase. Instead, the Product will be delivered to, and at any time during the Mining Cycle (as defined below), hosted at the Filecoin Data Centre (“Data Centre”) operated and managed by our official business partner [ANTPOOL TECHNOLOGIES PTE. LTD.] (“ANTPOOL”).

Please take note that the hosting of the Product shall only commence after the full payment of all other fees and expenses as required in accordance with FILECOIN storage mining mechanisms.

Purchase Procedure
By placing an order with us, you agree to pay to us via BITMAIN MINERS Website the purchase price of the Product, comprising of Server Price, Sealing Computation Service Fee, and 540-day Operation and Maintenance Service Fee. The hosting service will not commence until and unless you have completed payment of the hosting service fee to ANTPOOL via [https://www.antpool.com/] (“ANTPOOL Website”), comprising of Data fee, Sealing Gas Fee, Collateral Fee, and Mining Service Fee. For pricing details, please refer to the paragraph headed “Pricing Details” in these FILECOIN Server T&Cs.

With effect from the date on which ANTPOOL confirms your payment of the hosting service fee (“Initial Date”), you will be able to monitor the daily earnings of the Product via ANTPOOL Website. The term of the hosting service provided by ANTPOOL (“Mining Cycle”) shall be 540 days commencing on the Initial Date. For details in respect of the renewal and termination of the Mining Cycle, please refer to the paragraph headed “Renewal or Termination of the Mining Cycle” in this FILECOIN Server T&Cs.

Pricing Details
Payable to BITMAIN MINERS upon placing of the order:

  • Server Price means the unit price for the purchase of the Product (i.e. Filecoin storage server hardware).

  • Sealing Computation Service Fee means fee incurred in connection with the sealing computation service.

  • 540-day Operation and Maintenance Service Fee (540-day O&M Fee) means fee incurred in connection with the operation and maintenance of the Product during the initial 540-day Mining Cycle.

Payable to ANTPOOL prior to commencement of the Mining Cycle:

  • Data Fee means fee incurred in connection with the submission of storage commitment.

  • Sealing Gas Fee means gas fee incurred in connection with the sealing computation.

  • Collateral Fee means the collateral fee incurred in connection with the provision of collateral to the Filecoin network in accordance with Filecoin mining mechanisms to ensure your storage commitment.

  • Mining Service Fee means the service fee incurred in connection with the provision of software technical support for mining and proof, representing 10% of the daily reward generated by the Product from mining, which will be directly deducted from your daily reward prior to ANTPOOL’s payout.

Please note that all amounts displayed are for reference only and may be adjusted in accordance with the prevailing market conditions. Please refer to the settlement statement for actual amounts charged in connection with the purchase of the Product and the service fees.

Please note that any payment made in USD shall be completed on BITMAIN MINERS Website and any payment made in FIL shall be completed on ANTPOOL Website. In order to purchase and use the Product and enjoy the mining earnings, you are required to register both BITMAIN MINERS user account and ANTPOOL user account, and must complete the respective KYC procedures on each website. For assistance with registration of a new user account and the KYC procedure, please contact customer service staff or your BD manager.

Server Price, Sealing Computation Service Fee, and 540-day O&M Fee shall be fully paid upon your placing of the order on BITMAIN MINERS Website. Data Fee, Sealing Gas Fee, and Collateral Fee (if applicable) shall be fully paid on ANTPOOL Website prior to the commencement of the Mining Cycle.

FIL Collateral Service
In accordance with FILECOIN mining mechanisms, you are required to provide FIL to the FILECOIN network as collateral to ensure your storage commitment before you start mining FILECOIN. In order to ease the financial requirement in connection with Filecoin mining, ANTPOOL provides an optional FIL collateral service to the purchasers of the Product in addition to its standard hosting service for the Product. If you opt for this optional FIL Collateral Service, you will no longer be required to provide collateral to the Filecoin network before starting Filecoin mining. Instead, ANTPOOL will handle the storage collateral required by the Filecoin network on your behalf. This optional collateral service is charged at a flat fee of 0.5% per month on the amount of the required collateral, which will be directly deducted from your daily reward prior to ANTPOOL’s payout.

Earning Details
The Mining Cycle of the hosting service provided by ANTPOOL in connection with the Product (also known as “Mining Cycle”) is 540 days. The daily mining reward generated by the Product you purchased, after deduction of the Mining Service Fee and Collateral Service Fee (if applicable), is your actual daily earnings.

Actual Daily Earnings = Daily Mining Reward – Mining Service Fee – Collateral Service Fee (if applicable)

You will start receiving daily earnings from the Product once you have fully paid the Upfront Fee, 540-day O&M Fee, and Collateral Fee (if applicable) to BITMAIN MINERS and ANTPOOL, respectively. You will receive 25% of your daily mining reward (after deduction of applicable fees and expenses) via ANTPOOL payout every day. The remaining 75% of your daily mining reward (after deduction of applicable fees and expenses) will be equally paid out to your account over 180 days.

Your Actual Daily Earnings will be credited to the wallet address you configured on ANTPOOL Website on a daily basis. The payout will be automatically processed during 8:00 to 16:00 (GMT+8) once every day.

Ownership of Product
Upon BITMAIN MINERS confirming receipt of your payment, risk of ownership and title to the Product shall pass to you. Upon termination of the Mining Cycle, you are entitled to collect the Product from ANTPOOL’s FILECOIN Data Center.

Renewal or Termination of the Mining Cycle
Renewal

You may renew the Mining Cycle for another 540 days after completion of the initial Mining Cycle. For the renewed Mining Cycle, you are not required to pay for the Upfront Fee. The only costs in connection with the renewal of the Mining Cycle are the 540-day O&M Fee, Mining Service Fee, and Collateral Service Fee (if you opt for ANTPOOL’s Collateral Service).

Please note that any application for renewal must be submitted to ANTPOOL at least 30 days prior to the expiry of the applicable Mining Cycle. Otherwise, the Mining Cycle will be deemed terminated upon completion of the Mining Cycle.

Termination

Upon completion of the Mining Cycle, the hosting service provided by ANTPOOL will be terminated. If you have paid any Collateral Fee to ANTPOOL at the commencement of the hosting service, such paid Collateral Fee will be returned to your designated wallet. ANTPOOL will ship the Product to your designated address after you have paid the applicable shipping charges.

Early Termination

We understand that in some special cases, you may wish to terminate the hosting service prior to the expiry of the Mining Cycle. However, it is strongly suggested that you do not terminate the hosting service prior to the expiry of the Mining Cycle.

Should you decide to terminate the service prior to the expiry of the Mining Cycle, you may submit an early termination application via ANTPOOL Website. Please note that all Upfront Fee and 540-day O&M Fee already paid will not be refunded or returned despite the early termination. Due to the requirement of Filecoin mining mechanisms, the Collateral Fee will only be returned to your designated wallet after completion of the original 540-day Mining Cycle notwithstanding the early termination. In the event that you have subscribed for the Collateral Service provided by ANTPOOL, you will need to pay for a cancellation fee, the amount of which equals the Collateral Service Fee that would have been charged for the remaining Mining Cycle. Please note that the return of the Product to your designated address will only be arranged after you have paid the cancellation fee for the early termination of the Collateral Service.