Purchase Antminer Hashrate
*Miners will be shipped & deployed within 72 hours of payment. The hashrate will take 72 hours to be credited to your account.
Price: 980.0 USD Stock: 68
Electricity & Maintenance Fee: $0.0875/TH/Day
AntMinerS15 (BCH)Tenancy, Hashrates Hosting and Trading Service Agreement
1. Acceptance of Terms
1.1 Please read the agreement carefully, especially the bold part. If you have any concerns, please do not process to next step. You can contact us though our support page, we can explain for you. You acknowledge that you have read and agree this agreement prior to your access to and use of AntMinerS15 Tenancy, Hashrates Hosting and Trading Service.
1.2 We may amend this Agreement at any time by posting an updated version at www.hashnest.com (“Hashnest Site”). The updated version of this Agreement shall take effect immediately upon posting. By continuing to access and use your Hashnest Services, you confirm that you agree to be bound by this Agreement as may be amended from time to time.
1.3 You hereby promise:
a). You are at least 18 years of age and have full civil capacity;
b). You accept and use the services provided by Hashnest in accordance with applicable laws and regulations and policies in your country of residence/country and does not violate your obligations to any other third party.
c). You find that when you are unable to commit to the provisions of paragraphs a, b of this section due to changes in facts or laws and regulations, you will immediately stop using the services provided by Hashnest and inform Hashnest to stop the service through the customer service channel. After terminating the service, you use the Hashnest service. Right to terminate your consent immediately: In this case, Hashnest is under no obligation to transmit any unprocessed or unfinished services to you or any third party.
2. Miner Tenancy
2.1 For the registration data provided by the user, the user agrees:
Provide legal, truthful, accurate and complete personal information. If there is any change in the Bay, update the user information in time. If the registration information provided by the user is illegal, untrue, inaccurate or incomplete, the user shall bear all the corresponding responsibilities and consequences. Hashnest reserves the right to impose restrictions on the account based on the information provided, to suspend or terminate the use of Hashnest cloud mining services. That is, your order is a request from Hashnest for the cloud mining service. It does not mean that Hashnest has accepted your order. Hashnest reserves the right to refuse to accept the user's order. If we accept your order, a binding agreement ("AntMinerS15 tenancy, Hashnest Hosting and Trading Service Agreement") is generated on behalf of Hashnest and you for the cloud mining service agreed upon in the order, we will mine your mining machine. The cloud mining service is associated with your account. Prior to this, the order was considered pending, and Hashnest reserves the right to refuse to accept the order and refuse to accept the user's payment.
2.2 Upon completion of the order form and payment, the order cannot be cancelled. Wedon’t accept any refund and cancel order requests, please read this agreement carefully before you place your order.
2.3 The price of miner sales is fixed at US Dollar. The CoinDesk BPI price is used to determine a real-time BTC/BCHABC/USDT price. Customers can choose to make payment by BTC/USDT/BCHABC when place orders. In the event that the CoinDesk BPI malfunctions, Hashnest reserves the right to use a different bitcoin reference price. Hashnest reserves the right to manually adjust the USD exchange rate when there is an abnormal fluctuation in the Bitcoin market.
2.4 Hashnest reserves the right to cancel orders if the inventory shows abnormally. We will inform users and refund in time. Cryptocurrency will be credited to your account accordingto real-time exchange rate from CoinDesk BPI.
2.5 About per-order hashrates, customers are eligible to get refund only in a or b cases. a)You can apply a refund, if hashrates were not credited to your account by the time we announced. b)If the actual orders were more than the quantity in stock, customer will get a full refund. If customer use coupons to purchase, coupons are not refundable, we will issue you an equivalent coupon.
3. Miner Deployment & Conversion to Hashrates
3.1 When renting a S15 miner on Hashnest, the amount of hashrates credited to the user’s account will be identical to the rated hashrates listed for a particular machine on the official website of Miner Supplier.
3.2 Miners will be shipped, deployed and tested within 72 hours after you complete the payment, and hashrates will be credited to the user’s account at the moment of 72 hours.(If we meet any special cases like advance sale of miners which request more than 72 hours to credit to customers, we will specify before subscription and on subscription page.)
4. Mining Revenue Distribution
4.1 Mining revenues generated from Hashnest mining contracts will be paid out using the PPLSN (Pay Per Last N Shares) method.
4.2 All miners on Hashnest are pointed to AntPool by default. In the event that AntPool experiences prolonged technical difficulties, Hashnest reserves the right to move hashrates to another mining pool. In the event of a mining pool shift, revenues will be distributed according to the PPS (Pay Per Share) method.
4.3 In the event of a mining pool shift, Hashnest will also compensate for lost revenues according to the PPS method.
5. PPLNS Revenue Distribution Explanation
5.1 Upon AntPool finding a block and after six network confirmations, the block information and revenue will be transmitted to the Hashnest platform.
5.2 Upon receiving this information and the newly found bitcoins, Hashnest will divide revenue among all users according to the proportion of the amount of hashrates they control proportional to the entire pool.
Calculation formula：PPLNS Payout=(Pay Per Block/THS)* Hash Amount
6. PPS Revenue Distribution Explanation
6.1 PPS uses the following formula to calculate theoretical mining revenues per GH/s.
1 * 10^9*86400*Current Block Reward/Current Difficulty/2^32.
6.2 During revenue distribution, users will receive income based on the amount of hashrates held in their accounts.
Calculation formula：PPS Payout=(PPS/T/Day)*(Duration Time)/24Hours * Hash Amount
7. Collection of electricity and maintenance fees
7.1 Hashnest charge customers a fixed maintenance fee (including electricity and management fee) of US$0.075 per KWH. Electricity usage is calculated based on the figures given for each machine on Bitmain official website.
Calculation formula：Maintenance fee per TH per day =Power Per Th*24h*US$0.075/KWh
7.2 Maintenance fees are deducted once daily at the same time as revenue pay out. Fees are calculated using the current bitcoin exchange rate (by default, the CoinDesk BPI) at time of payment. Fees are deducted from the users’ balance on Hashnest.
7.3 Calculation formula：Maintenance fees= Daily Maintenance fees*(Duration Time)/24Hours*Hash Amount
7.4 In the event that a user does not have enough balance in their account to pay for the electricity fee, their account will begin accumulating a negative balance; however, the user will also retain ownership of their hashrates.
7.5 Hashnest reserves the right to make adjustments to the electricity and maintenance fees based on operational factors. Except in dire cases, Hashnest will announce any changes to these fees at least 3 days in advance of them taking effect on our website.
8. Transaction Fees
8.1 On the S15 hashrates market, seller will be charged 1% handling fee on each trade. Buyer will not be charged.
9. Breakdown and repair of miners.
9.1 A 180-day warranty is provided starting from hashrates credited date. Hashnest take care of repair and maintenance of all physical miners, all cost will also be borne by us during this warranty period.
9.2 After this 180-day warranty, we will announce the scrap rate quarterly (like numbers of scrapped miners for each batch, list of expenses for supplementary). We will charge our users according to the proportion of that batch total hashrates, and deduct from uses’ account in the first week of the next quarter.
10. Hashrates repo service and termination of this agreement
10.1 This agreement starts from the day we accept your order. When PPS payout is lower than maintenance fee for a period of ten continuous days, the agreement is terminated.
10.2 If due to decline of bitcoin exchange rate or increase of mining difficulty, the maintenance fee is greater than 80% of mining revenues, cloud mining agreement will go to “Pending period”. As we do our best to keep mining contracts profitable, during this pending period, revenues will be paid out according to the PPS method, market will be closed at the same time.
10.3 If bitcoin exchange rate regains, the ratio of electricity fees to PPS payout is lower than 80% for a period of ten continuous days, then mining contracts will revert back to the PPLNS method.
10.4 During “Pending period”, if maintenance fee is greater than revenue for a sustained period of ten continuous days, Hashnest will announce to terminate tenancy agreement at our website.
10.5 We will open redemption hashrates into coupons within 10 days after termination of tenancy agreement. According to the average price of second hand S15 in China market at that time minus 25% depreciation expense, we will offer coupons for S15 hashrates holders. Coupons can only be used on Hashnest to purchase new miners. Coupons may not be transferred, sold or redeemed for cash or Cryptocurrency.If you have hashrates less than 28T, you are not eligible to redeem coupons, please trade your hashrates at our marker before "Pending period" to avoid unnecessary lost.
10.6 Mining may be interrupted by power supply issue in mining farm, network issue, miners repair or other problems, we will inform our users and recovery it as soon as possible. Users may suffer revenue losses during replacement of mining farm, moving miners, etc., we will not compensate for it.
11. Risk notification and Disclaimer of Liability
Please read this agreement carefully and acknowledge of the potential risks before purchase this service and make investment decision independently. If you have any concerns, please don’t process to next step and contact our customer support. We are not responsible for the losses caused by following factors include but not limited to.
11.1 You understand and agree that there is a legal risk in the use of cryptocurrency. As the current legal supervision of cryptocurrency is not mature, its value may not be protected by law/regulation, and its behaviour may be identified as a violation of regulations or policies termination.
11.2 You understand and agree that due to the nature of the cryptocurrency, the value of any cryptocurrency holder and any number of any cryptocurrency may lose some or all of its value at any time; you are devalued because of the value of the cryptocurrency (even Zero) has full responsibility for the losses suffered.
11.3 You understand and agree that Hashnest will maintain or upgrade the system periodically or irregularly. Hashnest cannot guarantee that the services provided by us are continuous, without interruption. We are not responsible for the losses of service interruption (if any).
11.4 The value of your investment, any number of any cryptocurrency may be affected by many factors not controlled by Hashnest, including but not limited to: mining difficulty and / or other mining parameters / attributes changes, Market price fluctuations in cryptocurrency (legal currency versus cryptocurrency exchange rates, such as USD / BTC), hardware obsolescence and hardware amortization.
11.5 Interruption or delay in the services due to natural disasters, wars, hacking, website upgrades, market depression, acts or omissions of a government authority prohibiting or impeding Hashnest and our affiliates from providing the services, or the non-performance by a third party (e.g. mining farm or pools) for any reasons beyond the reasonable control of Hashnest and our affiliates may cause termination of agreement, decreasing of re venue or even lose principal, we are not responsible for it.
11.6 Due to mistakes caused by users, like failure in data transmission due to a breakdown of your computer, mobile phone, you take full responsibility.
11.7 You understand and agree that Hashnest reserves the right to publish, modify, and/or provide services related to the services provided by Hashnest and Hashnest at any time through official page announcements, site letters, emails, customer service calls, SMS or regular mail any information. Hashnest is not legally responsible for any information not obtained through our formal channels.
Limitation of liability
You agree that we may provide service to you and your competitor at the same time, waive any actual or potential conflict, and cannot claim a legal flaw in the provision of service.