Within the 6-month warranty, the repair cost will be paid by Antminer
1. Please complete the payment by 20220127(UTC/GMT+0).
2. Estimated time of launch: 20220127(UTC/GMT+0).
1. The pre-sale period for this batch will be 0 days. The minimum purchase quantity requirement is 1.
2. A part of the power outage and repair cost will be shared for every supercomputer server batch. The profit will also be shared.
End of Hosting
1、Unless there are rules specified by BitFuFu, under the following situations, BitFuFu has the right to terminate the hosting service and commence liquidation:
a) The 30-day output of the hosted mining rigs is insufficient to cover the electricity fee or the electricity portion is higher than 50% for 7 consecutive days.
b) The machine room is out of service due to reasons such as site, power, and network for over 180 days.
c) You/the user speaks negatively about the platform in a public forum or posts negative opinions about the platform on social media channels such as WeChat and Weibo.
d) Other situations in which BitFuFu believes the hosting services need to be terminated.
2、Within the [same calendar day (HK Time)], if you/the user participates in the batch and more than 50% of the users submit an application to terminate, you/the user can terminate the hosting service and request to commence liquidation. If the user/you request to terminate the hosting service, you must submit the application via the form specified by BitFuFu. If the user/you fail to either submit the application or submit a late application, it shall be deemed that you/the user have authorized the platform to sell the mining rigs at the market price.
3、When terminating the hosting service, BitFuFu will charge 30% of this agreement's remaining mining rigs as its liquidation service fee. For the remaining mining rigs, the user/you can opt to:
a) Authorize BitFuFu to sell them
b) Pick them up yourself
4、When paying the liquidation service fee for this batch of mining rigs, if the total cannot be divided evenly, the remaining amount will be paid to you at 70% of the mining rig's market price (at the time of hosting service termination) and BitFuFu will retain ownership of the remaining mining rigs.
5、If you/the user choose to pick up the physical mining rigs yourself, you/the user must follow the rules specified by BitFuFu and pay for the transportation or other fees related to the picking up of the physical mining rigs.
Mining Rig Specifications
|Mining Rig Model|
|Energy Ratio (at 25 Degrees Celsius Environment Temperature，J/TH)|
Mining Farm Introduction
Mining Rig Stability
|Number of Power Outages||The score is 0 if the mining farm experiences power outages 15 times or above due to the mining farm itself;The score is 5 if the mining farm experiences power outages 10 times due to the mining farm itself;The score is 10 if the mining farm experiences power outages within 5 times due to the mining farm itself;|
|Electricity Rating||Electricity Stability = Mining Rig Operation Time / Total TimeMining Stability ≥90% = 10Mining Stability ≥75% = 5Mining Stability ≥60% = 5|
1. You/the user understands that the products and the blockchain industry are associated with the following risks. You/the user volunteers to take the responsibility for possible losses:
a) There are regulatory risks associated with the industry. Due to factors such as regulations and policies, the price of blockchain currencies may fluctuate (or drop to zero) significantly at any time. It is possible that blockchain currencies cannot be converted into actual currencies.
b) The network hashrate may significantly increase and the product's output may significantly decrease.
c) The products are associated with risks such as operational damages, accidental damages, transportation damages, and transportation loss.
d) Accidents such as power outages and network disconnections may occur in the machine rooms, which may result in products being shut down.
e) The machine rooms may be out of service due to force majeure. The products will be relocated to other machine rooms and their operation may be halted for a certain period.
f) The risks of machine room shortages and electricity fee fluctuations.
g) The risks of hackers or viruses invading the network, causing the service to be terminated, data to be lost, or identity being stolen.
h) Currency risks. If the purchase fails due to insufficient stock or other reasons, BitFuFu will pay a full refund. Upon refunding, the total refundable amount would be equivalent to USD amount paid at the time of purchase. The refund will be paid in the original currency based on the currency exchange rate at the time of refund.
[BitFuFu will take actions to minimize losses. Depending on the situation, BitFuFu may submit the description of the risk or accident and the corresponding proof to you/the user. BitFuFu will try it's utmost to restore the normal operation of the product as quickly as possible.]
2. The risks related to the products and blockchain industry (“industry risks) listed in this Risk Clause are not exhaustive. In the future, there may be other risks that could stop you/the user from earning revenue, cause financial loss, or terminate our services. BitFuFu is not responsible for any damages or liabilities caused by potential industry risks.
3. If BitFuFu is unable to fulfill its obligations under this agreement due to force majeure, BitFuFu is not responsible for any damages or liabilities caused by force majeure.