Terms & Conditions

2.7. Maintenance Fees: We may impose a daily fee on your Customer Portion to fund the operational costs of the Mining Hardware, with the exact fee being adjustable based on the prior day's closing price of Bitcoin in USD as listed on www.coinmarketcap.com. We reserve the right to modify the maintenance fee with a seven-day notice.

2.8. Contract Termination: Should the Customer Portion fall below the maintenance fee for a continuous 72-hour period, we may terminate the respective Mining Contract Capacity. However, such termination can be averted if you prearrange to cover the maintenance fee when your Customer Portion is insufficient.

YOUR ACCOUNT
3.1. Account Creation and Password Security: During the service selection and payment process, it's mandatory for you to establish an account on our website ("the Account") and generate a username and password. The safeguarding of your password is crucial to protect your account from unauthorized access. You hold responsibility for any actions that occur under your account. If you suspect any unauthorized usage of your account or password, you should promptly modify your password and inform us. Should we suspect any unauthorized access to your account, we reserve the right to suspend or terminate your services and account, and we will attempt to notify you of such actions.
3.2. Cryptocurrency Wallet Management: The cryptocurrency wallet address you provide us ("Cryptocurrency Wallet") is used for transferring your earned cryptocurrency. You do not possess any ownership rights to cryptocurrencies stored by us. The management and operation of your Cryptocurrency Wallet are solely your responsibility. It is essential to secure the credentials for your wallet. Loss of access to your wallet credentials, whether through misplacement or unauthorized access, could result in the permanent loss of your cryptocurrency assets, including any transfers made to your wallet. We are not liable for any loss or malfunction related to your Cryptocurrency Wallet.

SITE USAGE Your interaction with our site is regulated by this Agreement, which may be updated periodically. It's important to review these terms regularly to stay informed about your responsibilities.

SERVICE USAGE
5.1.Service Access Requirements: To utilize our services, you must have a valid service approved by us and an active account.
5.1.1. Service Restrictions: Regulatory restrictions mean our services at test113.cloud are not available to residents of the CIS(Commonwealth of Independent States). If you are a CIS resident, please refrain from using our site. For questions regarding service usage, please reach out to our customer support at support@test113.cloud. By using our services or visiting our site, you consent to adhere to the terms and conditions within this Agreement.

5.2. Customer Verification: In providing services, we may conduct checks on your personal, public, and credit history to mitigate financial risk. This includes requests for identification or other documents to prevent fraud and money laundering, which may involve photographic ID and recent address proof. You authorize us to share your credit information with credit agencies and our affiliates.

5.3. Conducting Due Diligence: You acknowledge that you have performed due diligence and understand the risks involved in Cryptocurrency mining. Delays may occur in the availability of Mining Hardware due to rental challenges.

5.4. Hardware/Software Responsibility: You are responsible for procuring and maintaining the necessary hardware and software to access our services and ensure compatibility with our site. We are not liable for any errors or malfunctions of your hardware or software.

SERVICE PRICING

6.1. Service Prices: The prices for services listed on our site are subject to verification and can change. In case of any pricing errors discovered after you have placed an order, we will adjust your order accordingly.

6.2. Price Adjustments: Service prices are subject to periodic changes.

6.3. Value Added Tax (VAT): Service prices include the current rate of VAT as applicable in the Republic of Ireland at the time of your order. If VAT rates change between your order date and the Order Confirmation, we will modify the VAT charged to you, provided you haven't paid for the services in full before the VAT change.

6.4. Credit Card Verification: Purchases made via credit card may be subject to ownership verification and identity checks. As an anti-fraud measure, your account may be placed on hold for up to 30 days following a credit card purchase.

USAGE RESTRICTIONS

7.1. Prohibited Use: You must not use our services for any illegal, fraudulent, unauthorized, or improper activities. Your use of our services must comply with all applicable laws.

7.2. User Obligations: You agree not to: (a) access any part of our services without authorization; (b) use another user's account; (c) disrupt the provision of our services or security, or misuse the services or software in any way.

7.3. Our Enforcement Actions: If we believe you have engaged in prohibited or unauthorized activities, breached this Agreement, misappropriated our intellectual property, or otherwise violated our rights, we may without prior notice:
a. terminate or restrict your access to your account or our services;
b. suspend this Agreement or any service;
c. hold any due cryptocurrency payments;
d. inform relevant authorities, parties, or agencies;
e. deny our services to you in the future;
f. initiate legal proceedings against you.

TECHNOLOGY
8.1. Definition of Technology: "Technology" refers to the collection of computer programs, literary compositions, audiovisual creations, and any other form of expressive media that we or our suppliers publish, distribute, or exploit to facilitate your engagement with our Services. This includes our proprietary software, interface designs, and any enhancements or modifications thereof provided by us or our suppliers for service delivery.

8.2. Ownership of Technology: The rights to the Technology remain ours or our suppliers'; this Agreement does not confer to you any ownership of the Technology or any component therein. All rights, titles, and interests in the Technology remain exclusively with us or our suppliers. You are merely authorized to utilize the Technology via your account on our site and only for the duration of the Service Agreement, solely to enable your use of our Services as outlined in this Agreement. No transfer of rights under this Agreement is permissible without our explicit written approval.

8.3. Use Limitations: Copying or using the Technology beyond the scope defined here is prohibited, and no implicit or explicit licenses in any Technology copyrights, patents, or other intellectual property rights are granted to you.

PERSONAL INFORMATION USAGE We reserve the right to use your provided information to conduct background checks on your creditworthiness and legal standing, among other facets, using publicly available data. By providing us with your information, you grant us full permission to conduct such inquiries prior to accepting your service request.

USE OF YOUR ACCOUNT

9.1 You may only use the Platform for your own purposes. By using the Platform, you acknowledge and agree that you are not representing or acting on behalf of any other individual or entity.

9.2 You can only have one account.Any logins from the same IP address to different accounts will be recorded and determined as a violation of the service, which will lead to the account being blocked without the possibility of recovery

9.3 We are entitled to assume that any use of your Account is made by you. You are solely responsible and liable for any use of the Website or the Service under your Account or any other use of your Username and Password.

9.4 If you do not access your account for 12 consecutive months, we may deactivate your account. You will, if possible, be notified in advance. If we are unable to reach you, or if you do not take any steps to prevent deactivation, your account balance will be voided.

9.5 We will not be responsible for any misuse of your password or account by you or anyone else

AMENDMENTS TO THE AGREEMENT

10.2. Notification of Amendments: Changes will be communicated via email or upon your next service login. You will be deemed to have received notice on the day the communication is sent or made accessible.

10.3. Consent to Amendments: Continued use of our Services post-amendment implementation signifies your acceptance of the changes. You may need to expressly agree to the updated terms to continue using our Services.

10.4. Effective Date of Changes: Amendments are effective from their stipulated date and are not retroactively applied unless specified by this Agreement or required by law.

10.5. Legal Amendments: Amendments necessitated by legal reasons will take immediate effect. We will notify you of such changes as soon as practicable.

SERVICE TERMINATION

11.2. Effects of Termination: Upon termination, we will stop providing Services, and you will not be charged ongoing fees. No refunds for Service fees will be given. If termination is due to your wrongful actions or Agreement breaches, we may retain any amounts due to offset potential damages or obligations.

SERVICE FEE LIABILITY LIMITATION 12.1. Liability Exclusions: Our liability does not extend beyond the Service fee, except for liabilities that cannot be limited by law, such as for death, personal injury due to negligence, or fraud.

12.2. Suppliers' Responsibilities: Our role is reselling hashing power from our Suppliers, who retain responsibility for the Service delivery.

12.3. Risk of Service Fee: Past benefits from cryptocurrency mining do not guarantee future profits. Consider the Service Fee at risk. We do not assure you will earn cryptocurrency from our Services.

PERFORMANCE DISCLAIMERS 12.4. Non-Performance: Our inability to fulfill obligations due to unforeseen events beyond our reasonable control, despite necessary precautions and diligence, does not incur liability on our part.

12.5. Liability Disclaimers: We are not liable for losses or damages resulting from your misconduct or non-compliance with this Agreement, unauthorized access to your account, or misuse of our Services.

12.6. No Warranty: The Service is provided "as is," without warranty from us or our affiliates. We disclaim all warranties, whether express or implied. INDEMNIFICATION You agree to protect us and our affiliates from any third-party claims or liabilities arising from your negligence or breach of this Agreement, violation of laws or third-party rights, or from your Service use.

ACCOUNT BALANCE AND WITHDRAWAL

13.1 The balance of the mined cryptocurrency is determined with an accuracy of 0.00000001 values

13.2 Mined funds will be added to your balance within 24 hours of when the coins were generated

13.3 With a positive balance, for a minimum withdrawal of funds, it is necessary to have any one purchased tariff plan in order to be able to withdraw funds

13.4 The first purchase of a miner makes it possible to withdraw funds twice over the entire term of the contract, and subsequent withdrawals have a ratio of 1 to 1. That is, one contract allows for a single withdrawal of funds

13.5 The withdrawal limit on the account is displayed if all available withdrawals of funds are exhausted

13.6 You can get the opportunity to withdraw funds without restrictions on the withdrawal limit with a total investment of $ 3,200

13.7 You can withdraw your funds at any time if there are enough of them for this process

FORCE MAJEURE

14.1. Definition: "Force Majeure" refers to events outside our control, such as natural disasters, war, or changes in cryptocurrency regulations.

14.2. Our Non-Liability: We are not responsible for delays or failures in Service delivery caused by Force Majeure events.

14.3. Service Suspension: Should a Force Majeure event extend beyond six months, we may choose to discontinue the Services.

14.4. Service Allocation During Force Majeure: We may redistribute services among affected users during such events, which could

15. RESOLVING SERVICE DISPUTES
15.1. General Resolution: Both you and we agree to settle any disputes related to or arising from this Agreement (including the Services), its interpretation, its enforcement or termination, or its subject matter through mandatory, final, and binding arbitration. This means you forego the right to a judge or jury trial. Arbitration may differ from court procedures but an arbitrator has the authority to award the same damages and relief under the same terms as a court.

15.2. Arbitration Process: Any disagreement or claim (“Dispute”) related to this Agreement, whether concerning its interpretation, validity, termination, or the marketing, purchase, or usage (or lack thereof) of the Service, will be exclusively resolved through binding arbitration.

15.3. Initiating a Dispute: To begin a Dispute, you must notify us by sending an email to support@test113.cloud with the subject line “RAISING A DISPUTE,” including a detailed written description of the Dispute and any relevant documents. You allow us to contact you through any communication means you've provided. This notice must be provided within 30 days of noticing the issue that led to the Dispute. Failure to notify us within this timeframe results in the forfeiture of your right to raise the Dispute.

15.4. Proposed Dispute Resolution: Within 30 days of receiving your Dispute, we have the option, but not the obligation, to offer a resolution (“the Offer”). If the Offer is unsatisfactory to you, you must formally reject it within 14 days. Failure to reject the Offer within this timeframe will be taken as acceptance, concluding your right to dispute. If we don’t make an Offer or you reject the Offer, arbitration can proceed.

15.5. Arbitration Location and Language: Arbitration will take place in English. We will select the arbitration service.

15.6. Arbitration Award: The arbitrator’s written decision will explain the reasons behind the award. This decision is enforceable in any court with proper jurisdiction and is final barring any fraud, misconduct, or legal error.

15.7. Waiver of Legal Rights: You acknowledge having read and understood this arbitration clause, agreeing to mandatory arbitration, relinquishing the right to go to court, participate in a jury trial, discovery, or a class action. Rights in arbitration may differ from those in court, including limited appeal rights.

15.8. No Class Actions: You relinquish any rights to class-wide claims or arbitration. You agree not to combine your claims with those of others or represent others in any legal proceedings.

16. OTHER IMPORTANT TERMS