Terms and Conditions

This website –https://asicminer.co (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," and "our" refer to ASICminer Company and its 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. 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.

Ordering

After placing an order, you will receive an email from us acknowledging that we have received your order (“Order Confirmation”). Please note that this does 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 an email confirming the acceptance of your payments with the title “Payment Confirmation” and the shipment of your order with the title "Shipping Confirmation". We reserve the right to cancel your order if we fail to receive your payments in the period designated by us. 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.

A contract with us will only be formed 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. We reserve the right to cancel your order at any time before we have accepted and shipped it and we may rescind our acceptance and cancel your order.

Hashrate and power consumption of the miner may change and differ from the specified characteristics, the number of chips and the types of soldering may change depending on the batches.

Prices and payments

Prices in the web-shop are stated in USD. We reserve the right to change the prices.

International orders are subject to and may incur taxes and duties as determined by the customs agency within the destination country. Payment of any duties and taxes is the responsibility of the recipient. We apologize for any inconvenience this may cause, however ASICminer has no control over such fees.

Prices are liable to change at any time at ASICminner's discretion, but changes will not affect any orders for which ASICminner have already sent a Shipping Confirmation.

ASICminer accepts payment methods: wire transfer in U.S. dollars or the payment network of cryptocurrency(Bitcoin)

We do not accept payments and do not ship to such countries: Central African Republic, Congo, Iran, Taiwan, Lebanon, Libya, North Korea, Russia, Ukraine, Hong Kong, Belarus, Somali, Sudan, Syria, Yemen.

For the following countries, only bitcoin is available: Afghanistan, Albania, Bosnia and Herzegovina, Burundi, Croatia, Cuba, Eritrea, Guinea-bissau, Kosovo, Macedonia, Montenegro, Myanmar, Serbia, South Sudan, Venezuela, Zimbabwe, Andorra, Angola, Anguilla, Antigua And Barbuda, Bahamas, Belise, Bolivia, Cambodia, Chad, Сolombia, Comoros, Congo Rep., Costa Rica, Curacao, Dominican Republic, Ecuador, El Salvador, Ethiopia, Guatemala, Haiti, Honduras, India, Indonesia, Jamaica, Kazakhstan, Laos, Marshall Islands, Mexico, Micronesia, Nicaragua, Pakistan, Panama, Peru, Samoa, Sint Maarten, Tajikistanю, Trinidad And Tobago, Turkey, Turkmenistan, United Arab Emirates, Uganda, Uzbekistan, Vanuatu.

For countries that are not on the list, payment is possible wire transfer in U.S. dollars.

Receiving and processing payments is engaged Supply Leader Company.

About 15% of the product amount will be spent on testing and researching new technologies, which allows the company to develop. We are the manufacturer and in case of conflict situations, we reserve the right to reserve any percentage of the transaction for technological costs.

Delivery and Shipping Charges

Delivery will be arranged after the order is fully paid. Delivery service is provided by third parties such as the national post services or DHL. Please note the retail price of products does not include the delivery cost.

Please note that customs or import duties can occur and are charged once the parcel reaches it’s destination country. These charges must be paid by the recipient of the parcel. Unfortunately, we have no control over these charges, and cannot tell you what the cost would be, as customs policies and import duties vary widely from country to country. It might be a good idea to contact your local customs office for current charges before you order, so you are not surprised by charges you were not expecting

The shipping price is indicative, in the event of a change in the delivery terms from our partners, we will send you an invoice to pay the difference. In case of failure to pay the difference, your order will be pending until the full payment of the difference.

We will attempt to fulfill your order as soon as possible. Delivery dates are not guaranteed and delays may occur.

Return & Refund Policy

All sales are final. No refunds will be granted. Defective miners can be repaired for free if they fall under the warranty policy. After the warranty period, machines can be repaired at your expense.

Defective Product and repairs

The warranty period is 180 days from the shipping date. We do not guarantee the stable operation of the equipment after 180 days from the date of shipment and can refuse to repair and consult without explaining the reasons.

Warranty period

We warrant the product, its components and labor to be free from defects in material and workmanship under regular uses defined in user manuals and this Warranty during the warranty period. Provides the product warranty according to the national three guarantees policy. The whole warranty is valid for six months.

We further warrant the replaced product and/or its parts or components to be free from defects in material and workmanship for a period of thirty (30) days from the date of replacement, or the remainder of the warranty period, whichever is greater.

Administration of mining

The minimum term of installation at our farm is 6 month.

In case the client wants to take the miner from our farm after 1 year, we reserve the right to send the miner in the form factor different from the ordered one, while maintaining the same number of teraheshas. The cost of delivery from the farm is paid by the client.

The Service may have multiple Balances. Currently available only BTC Balance is measured in BTC (Bitcoins), accurate to 0.00000001 BTC.

The minimum amount to payout 0.05 BTC. The electricity bill is formed during the request for payment.

We provide a platform which enables individuals to mine cryptocurrencies using our Mining Hardware. In return, we charge periodic maintenance and electricity fees ("Fees") that are devised from the usage of electricity as well as the cost of maintenance of the said hardware 7%.

The maintenance costs of running the equipment include but are not limited to: hardware setup, data center rent, Mining Pool testing, staff salaries, future planning and proofing, software development, exchange of used and out of order parts and other expenditures required to render the service on a best-effort basis. Some Contract types are not subject to periodic Fees.

The presence and specification of Fees for each Contract type can always be seen on the Website.

The Fees are deducted from your Balance during the withdrawal request.

We use air coolers on our farm and if the client wants to take it, we'll send him a miner on the air cooling system from our farm in China or in Russia. The customer will be able to pick up after 3 months as he is on the farm to cover our installation costs. The cost of delivery is paid by the customer, delivery will be by DHL / UPS.

Breach

Without limiting any other rights we have, we may suspend or terminate access to your Account, the Website and/or the Service, nullify your Account Balance and/or hold the ability to withdraw mined funds if you breach any of these Terms of Service.

If we have grounds to suspect that you are using the Website or the Service fraudulently or improperly, we will suspend your Account until you are able to demonstrate to our satisfaction.

We will try to give you reasonable notice of any anticipated termination of the Website or the Service.

If you become aware of or suspect another user or Miner's breach of these terms of service, or any fraud or impropriety by another user, you must contact us immediately.

Risk notice

Actions with Cryptocurrencies carry inherent risks. Due to the fact that Cryptocurrencies are unregulated and decentralized, their value is not insured by any legal entities. The value of any Contract, any amount of any Cryptocurrency is subject to change due to a number of factors out of control.

These factors include but are not limited to changes of mining difficulty and/or other mining parameters/properties, fluctuating price (in fiat currency to Cryptocurrency exchange rate, such as USD/BTC) of Cryptocurrencies, obsolescence of hardware and amortization of hardware.

You understand and agree that the worth of any Contact and any amount of mined Cryptocurrency may lose all worth at any moment of time due to the nature of Cryptocurrencies. You understand that you are solely responsible for management of the Cryptocurrencies in your balance as well as any losses or charges incurred by any third-party entity.

Any information related to Cryptocurrency and Cryptocurrency mining that is/was posted, published and/or provided by ASICminer via any channel of communication (including but not limited to: on the Website, in the Panel, via the Support Service, via Email newsletter, in social media) is subject to change.

Cryptocurrencies

You must not mine, buy, sell, exchange, hold, own or otherwise use or exploit Cryptocurrencies in any way which is prohibited by the laws or regulations which apply to you.

Cryptocurrencies may not be appropriate for everyone. Before mining any Cryptocurrencies you should learn about them to ensure that they are appropriate for you. Like all currencies, there are disadvantages to using Cryptocurrencies.

Some of the risks particular to Cryptocurrencies include:

Currency fluctuation - the price of Bitcoin and/or any other Cryptocurrency may fall sharply and may even fall to zero;

Transactions with Cryptocurrencies may be unconfirmed for a period of time. Although very unlikely, some Cryptocurrency transactions may never be confirmed - Cryptocurrency transactions which are unconfirmed are not completed;

Transactions with Cryptocurrencies are irreversible - if you send any amount of any Cryptocurrency to the wrong person, you may be unable to recover those funds;

Cryptocurrencies may be lost if you lose or forget any PINs or passwords necessary to access and spend those Cryptocurrencies;

By agreeing to these terms of service or by mining Cryptocurrencies by using the Service, you are indicating that you understand, are capable of understanding and accept the risks associated with Cryptocurrencies.

Privacy Policy

ASICminer does not provide a third party with your private data. The details needed for completing your order are handled with the utmost privacy. We only keep your details on our system in order to provide you with a fast and efficient order process.

Dispute Settlement

The dispute arising from the performance of this contract shall be settled through negotiation between the parties; if the negotiation or mediation fails, it shall be submitted to the people's court of the place where seller is located.