Terms of use


Last updated: August 28, 2018

This document acts as a user agreement ("agreement") between you ("user" or "you") and MiMiner Pte. Ltd ("MiMiner"). You agree to be bound by the terms of this agreement, when using the provided MiMiner services, services, technology or other features or functionality offered by MiMiner, please see the website https://miminer.com (the "website") or any other means (collectively, "services"). In addition, making any purchases on the site or through any other service, you acknowledge and agree to these terms and conditions of this agreement. The terms "we", "us" or "our" refer to MiMiner.


§ 1 a notification policy

2.1. Your access to and use of them is only possible after the adoption and implementation of this agreement. This agreement applies to all visitors, users and other persons to access services. We notify any amendments to this agreement by posting an updated version on the site by changing the field "last update" at the top of this agreement, or in any other manner that we deem appropriate. We do not undertake to give notice by other means, except as stated above. Any change or modification to this Agreement shall be effective immediately upon notification and shall apply to any current or subsequent use of the website, services or platform.

2.2. MiMiner provides online service functions ("platform") which enables users to gain access to the service without a specific delivery date. The user has the token becomes the client service and receives services in accordance with the user agreement.

2.3. By using our services you agree to the terms of this agreement. If you do not agree with any provision of this agreement, you may not use our services.

§ 2 the General.

2.4. MiMiner has a cooperation agreement with LLC "Miminer RUS" ("MiMiner Rus") to provide hosting services to its customers who purchased the token MIT (MIT Token Holders ") at a special low rate.

2.5. MiMiner and MiMiner Rus are operators of miminer.com site


§ 1 the services offered through the service

3.1.MiMiner provides the following service:

3.1.1 the ability to host mining equipment (equipment for mining criptcurrency ) user on the object MiMiner Rus using MIT tokens;

3.1.2. Purchase tokens MIT;

3.1.3. Rent MIT service tokens;

3.1.4 Repair of equipment;

3.1.5. Transfer, sale and purchase of equipment inside service;

3.1.6.Sending, receiving, storing, transmission equipment and its acquisition through the platform.


§ 1 Registration account and a personal account

4.1. Sign up for an account ("account") on the service you want to use any of the services offered on the platform. During the registration process and using the services platform MiMiner may collect information such as:

4.1.1.name, surname;

4.1.2. e-mail address;

4.1.3. address for delivery of equipment for the execution of orders placed through the module.

4.2. As well as information related to the status of the holder of the MIT token to verify their qualifications for purchase. This information will be processed in accordance with the terms of this privacy policy by the relying party:

4.2.1. name, surname;

4.2.2. indication information instrument;

4.2.3. Scan photos and documents in electronic form;

4.2.4. video material.

4.3. MiMiner takes no measures to verify the accuracy or legitimacy of any certificates provided by users outside of those listed in these terms, unless required by law.

4.4. As for the use of our services, you must create a MiMiner account ("account"). You represent and warrant that:

4.4.1. all account information is current, complete and accurate; as well as the

4.4.2. You agree to notify MiMiner of any changes in the data submitted when opening the account, if they cease to be current, complete and accurate; as well as the

4.4.3. understand that account cannot be opened without the confirm your identity and email address in a manner selected at our discretion;

4.4.4. agree that only you get access to your account on the service, and may not transfer the right to use or disclose any information related to access to account to any third party without our written consent;

4.4.5. agree to be solely responsible for any actions associated with your Account, and may not transfer the responsibility of third parties;

4.4.6. You agree to notify MiMiner in case of faults in the system security or its weaknesses related to the Website, services or Platform.


§ 1. Terms of service

5.1. Hosting services are performed by MiMiner in accordance with the terms of a separate agreement between MiMiner Pte. Ltd., open company "MiMiner Rus » and the user. MiMiner provides users with information about the performance of your equipment:

5.1.1. quantity stationed units of mining equipment;

5.1.2. each miner heshrejt;

5.1.3. the sum of the consideration received in the pool;

5.1.4. amount paid for hosting;

5.1.5. as well as the amount paid/received for rent MIT tokens.

5.2. MiMiner uses an automated service and accounting separation remuneration received in the pool, and is divided into the following parts:

5.2.1. for hosting;

5.2.2. for rent if tokens are leased from another MIT user;

5.2.3. as well as remuneration due to the user.

5.3. If the user uses their own tokens MIT for posting his equipment for the mining, then there will be rent.

§ 2. Limitation of liability

5.4. MiMiner is not responsible for the performance of mining equipment or for the amount of remuneration received by users.

§ 3. Operating conditions

5.5. By accessing or using the service, you agree to be bound by this agreement. If you do not agree with any part of the conditions, you may not access the site or service.

§ 4. Qualification of the user when using the Website

5.6. User represents and warrants that his age is 18 or more years old, and he has a legitimate right to use the Internet and services similar to those provided by MiMiner (in accordance with the laws of Singapore and any other jurisdiction), in accordance with the place of residence, and your right to use our services has not been suspended or cancelled by us.

§ 5. Illegal and prohibited use

5.7. User represents and warrants that the website or the Platform will not be used for any criminal, illegal, or in other cases illegal purposes, including but not limited to:

5.7.1. money-laundering activities;

5.7.2. drug trafficking;

5.7.3. trafficking in human beings;

5.7.4. the arms trade;

5.7.5. terrorism;

5.7.6. securities fraud or tax evasion;

5.8. You represent and warrant that our platform will not be used for relief to others in similar illegal activities.

5.9. User represents and warrants that it will not use the platform or services to:

5.9.1. the proliferation of spam;

5.9.2. advertising or chain letters;

5.9.3. decompilation or other illicit access to hidden codes or technical arrangements of the website or the platform;

5.9.4. damage to the website or MiMiner by any means, including, but not limited to:

a. unauthorized access;

b. malware;

c. viruses;

d. illegal access;

e. Phishing;

f. cryptanalysis, direct sampling method;

g. using SQL or any other way to deliberate interference, blocking or damaging information or functionality related to the website.

5.9.5. You also accept the obligation not to transfer access to your account (as defined above) or any other rights granted to you under this agreement.

§ 6. Purchase tokens and its price.

5.10. By accepting this agreement, the user accepts the terms of on the acquisition of tokens (Token sale agreement) in the editorial published on the website of the company. If user does not agree with the document one and/or more of its paragraphs he may not accept this agreement and to use the service.

§ 7. Distribution Of Tokens.

5.11. Tokens purchased by the user, will be produced in accordance with the relevant agreement for purchasing Tokens (Token sale agreement) in the editorial published on the website of the company.

5.12. Tokens on a newly entered power in excess of the design capacity will be distributed evenly as a percentage of the total number of tokens between their holders, information will be displayed on the main page of the site miminer.com

5.13. You are responsible for taking appropriate measures to ensure the safety of wallet, safe or another storage mechanism selected for receiving and storing tokens, including any necessary keys or other details necessary to access such storage mechanisms. If your private keys or other access credentials are lost, you can lose access to purchased (received) the tokens thus MiMiner does not accept any liability in the event of such loss.

§ 8. Rent MIT tokens on the service.

5.14. Users can rent service MIT tokens (4) rates for the rental of the token (lease capacity), if they are necessary and do not have your own tokens for the service in accordance with the amount consumed its mining equipment.

5.15. MIT token owners can offer their tokens MIT for rent (4) rates that are equivalent to the rates for the rental of the token provided by the MiMiner on the service to users.

5.16. When no tokens MIT and unwillingness to take tokens MIT lease Users are served by one of the (4) the standard rates.

5.17. Users who have their own tokens MIT service, serviced by one of the (4) rates with MIT tokens.

§ 9. The cost of hosting.

MiMiner hosting tariffs:

1-9 miners
10-49 miners
50-99 miners
> 100 miners
Without MIT tokens10,359,829,308,77
Renting MIT tokens6,325,795,264,74
With MIT tokens4,044,044,044,04


§ 1. Acquisition of equipment.

6.1. The company MiMiner is not liable for delays in delivery of equipment suppliers, thereby supplying the equipment might be delay but not more than 3 months from the date of delivery.

§ 2. Changes in electricity tariff.

6.2. The cost of hosting tariffs specified in this document is based on the current tariff on electricity power provider. The tariff for electricity is not guaranteed and may change from time to time. Any change in the tariff for electricity directly affects the cost of hosting and the value of MIT tokens.

§ 3. Change in consumption of electricity

6.3. Power consumption equipment may occasionally fluctuate for a variety of reasons, including (but not limited to):

6.3.1. Seasonal temperature changes.

6.4. If the power consumption of the equipment exceeds the number of MIT tokens purchased or rented to host it for the amount of electricity consumed (which exceeds the number of tokens for posting it) with the owner of the equipment will be charged the usual fee for hosting services ( -10.35 8.77 cents per kW, depending on the number of miners hosted).

§ 4. The uneven electricity consumption.

6.5. If during testing equipment aimed at mining-MiMiner farm for hosting, you will see that the equipment consumes a greater amount of power (than there are tokens of MIT), to the owner for the amount of electricity consumed his equipment that exceeds the number of tokens to contain it will be charged the usual fee for hosting services ( -10.35 8.77 cents per kW, depending on the number of miners hosted).

§ 5. Changes in the cost of services (hosting).

6.6. The cost of hosting is based on the current cost of electricity, labour costs and hours that are required to support the activities of the company and support the expected number of modules and equipment customers. Over time, the cost of the service may change for a variety of reasons, including (but not limited to):

6.6.1. Raising the minimum wage in the State (at the local or federal level), where your equipment is;

6.7. Change in cost of services directly affects the cost of hosting and price MIT tokens.

§ 6. Sending and receiving equipment.

6.8. Company MiMiner when sending equipment mandatory user insures it at full price. The company MiMiner is not responsible for the timing and quality of the services provided by third-party organizations. The user pays all the costs of shipment of the equipment to the user and/or receiving the equipment by the company MiMiner.

§ 7. Storage of equipment.

6.9. The company shall not be liable for the operability of the equipment received from the user, and only after a health check is accepted for safekeeping, then placed on a hosting company.

§ 8. Transfer, sale and purchase of equipment inside the service.

6.10. Purchase, sale or transfer of ownership of the equipment is carried out with the consent of the parties and runs inside of the service without their direct involvement.

§ 9. Intellectual property.

6.11. We retain all rights, titles and interests, including intellectual property, inventions, discoveries, processes, assessment methods, composition, formulas, technology, information and data, regardless of whether they are patentable, protected copyright or trademark protected and any trademarks, copyrights, or patents based on them.

6.12. You may not use any of our intellectual property for any reason without our prior written consent.

6.13. In particular, we reserve all intellectual property rights, in particular, but without limitation, the copyright, over the source code that creates tokens. These conditions should not be understood and interpreted as the basis for the transfer of intellectual property rights, unless expressly defined in this agreement.

6.14. You are granted a non-exclusive, non-transferable right to revoke access and usage of the platform. Limitations and transferability of the right does not imply that users cannot send tokens to a third party.

6.15. You must use the website, platform and tokens are strictly in accordance with the provisions of this agreement and in accordance with the White Paper. When using the website, you warrant to tokens and platform c

ompany that:

6.15.1. You are not to use the website, platform and tokens for any purpose that is unlawful or prohibited by the terms of this agreement;

6.15.2. You are not to use the tokens in any manner which could damage, disable, overburden, or impair the website or interfere with the use of the website and any other party Platforms;

6.15.3. You are not to obtain or attempt to obtain any materials or information through any means not premeditated or given available through its website, platform and/or tokens and/or its services.

6.16. All content on this Web site, including tokens, platform and related products and services such as, but not limited to, text, graphics, logos, images, source code, as well as their compilation and any software used on the Web site is the property of the company and is protected by copyrights, trademarks and other laws that protect intellectual property rights and other property. You agree to abide by and comply with all copyright and other proprietary notices and other restrictions contained in any such sources and does not make any changes to them.

§ 10. Privacy policy.

6.17. We will disclose your personal information as described in our privacy policy. By accepting these terms, you acknowledge and agree to the privacy policy of the company.

§ 11. Compensation and reparation.

6.18. You agree to protect, rehabilitate and release MiMiner, its agents, affiliates, officers, employees and service providers from any charges or claims allowed by law, arising from or related to your use of the services, including your violation of this agreement or violation of the law, regulation or the rights of third parties. You agree to pay all legal costs or other expenses that would be incurred by MiMiner or any other exempt from liability parties obtained as a result of your actions.

§ 12. Disclaimer.

6.19. MiMiner does not guarantee a specific level of performance or continuous uninterrupted access to our services. We do not guarantee the accuracy of any information provided on the website information. We hereby expressly disclaim all liabilities and guarantees not specified in this agreement.

§ 13. Arbitration.

6.20. Except for any disputes, claims, suits, actions, causes of action, demands or proceedings (collectively, "disputes"), in which any of the parties is drawn to the individual claim in courts or seek judicial or other legal assistance in case of alleged unlawful use of intellectual property, including, without limitation, copyrights, trademarks, trade names, logos, trade secrets or patents, you and company:

-waive your rights to allow in court any disputes arising out of or related to this agreement, and

-waive your right and the corresponding right of the company to resolve the issue in a jury trial.

6.21. You and Company agree to refer disputes to arbitration (arbitration procedure, which involves the submission of the dispute to one or more persons to whom the duty of resolving the dispute and making the final and binding intention to resolve it, rather than judgment by a judge or jury).

§ 14. Inadmissibility of group requirements, class actions or lawsuits in favour of third parties.

6.22. Any dispute arising out of or related to this agreement, have the character of personal communication between you and the company, respectively, they are resolved exclusively through personal requirements and cannot be imposed as a collective requirements, collective action or any other type of representative proceedings.

6.23. Class action lawsuit or claim where a person seeks to resolve the dispute as a representative of another person or group of persons is invalid

6.24. The dispute may be submitted to as a collective or any other action in favour of the third persons, whether within or outside of the suit, or on behalf of another person or group of persons.

6.25. The dispute shall be submitted, and finally resolved by arbitration, by a designated International Arbitration Centre of Singapore ("SIAC") in accordance with the Arbitration Rules of the Singapore International Arbitration Centre ("SIAC Rules") in force at the present It's time. Singapore is the place of arbitration. The Tribunal consists of three (3) arbitrators. The language of arbitration shall be English.


§ 1. Sales tax and other taxes.

7.1. Holders of tokens and mining equipment buyers, may be required to pay sales tax (levied upon sale) and any other taxes associated with transactions set forth herein in their countries of residence. In this case, holders of tokens and mining equipment buyers are solely responsible for compliance with the tax laws of these jurisdictions and payment of all applicable taxes.

§ 2. Compliance with the legislation of Russia.

7.2. In view of the fact that the first mining-farm is located in Russia, MIT holders wishing to use their tokens tokens to host your own equipment to the mining-farm will need to ensure compliance with the legislation of Russia. In particular, they may need to confirm your identity and provide your address (for individuals) or confirm your registration, business reputation, the list of end beneficiaries and owners address (for legal persons) before they can use your MIT tokens for posting his equipment to the mining-farm MiMiner or at any time after the company's on-demand MiMiner. Holders of tokens that fail to fulfil the requirement to provide evidence, or which are restricted in the right to cooperate with businesses or to work in Russia, or who for other reasons are not eligible for Russian law to place its equipment at mining-MiMiner farm, will be denied hosting services or services of rent MIT tokens. In this case, MiMiner is under no obligation to reimburse funds paid for purchased tokens. These holders can keep their tokens or tokens, in its sole discretion, to sell their clients eligible for cooperation with companies doing business in Russia and the placement of equipment for mining-MiMiner farm. Buyers of tokens are solely responsible for ascertaining the legislation of Russia and the legal restrictions applicable to residents of certain countries, and individuals engaged in certain activities.


8.1. By agreeing to these terms, you are granted a limited, nonexclusive, license hereunder (the "license") in order to access and use our Website, Platform and services. This license is subject to this agreement. Any other use of the services not specified in this agreement, is strictly prohibited. All other rights in relation to the platform belong to MiMiner and our licensors, including rights in the content or functionality of the website or Platform. "MiMiner", "miminer.com", all logos relating to or appearing on the website are trademarks or registered marks of MiMiner or its affiliates. You may not redistribute, to claim ownership, license, reverse engineer, decompile, modify, use in any activity or on other websites, or used in any other use of any content or functionality without the prior written consent of Miminer.


§ 1. Termination.

9.1. We may suspend or terminate your license for our service without prior notice or explanation, including (but not limited to specified) violations of this agreement. None of the clauses of this agreement or any other means of communication or action MiMiner, or our employees, agents or representatives should not be taken as a waiver of any remedy available in any situation, from which the the reason for the termination of the license.

9.2. All provisions of this agreement which by their nature, should remain in force after termination of the license remain in force, including (but not limited to specified) clauses on ownership, Disclaimer, limitation of liability and exemption from liability for damages.

10. MISC

§ 1. The damage caused by the vulnerability of the Internet or block chain.

10.1. As you know, the Internet greatly vulnerable to specific security threats, including (but not limited to) the man in the middle attacks, Internet service provider or other third-party tracking, database compromise, phishing attacks, malicious software or intervention, or internal security breach staff and for damages arising from interception, loss or alteration of any information transmitted via the Internet.

You hereby indemnify MiMiner from liability, liability, civil claims or proceedings related to these risks, and waive any right to any settlement or judgment for damages caused by the interception, loss or modification of any information sent via the Internet. Despite the fact that MiMiner has taken appropriate measures to ensure the safety and security of any information transmitted in the course of using our services, under no circumstances will this information shall not b e deemed "confidential". Hit information to third parties, or otherwise not accidentally is the responsibility of MiMiner, even if the information leakage is a result of our negligence

10.2. MiMiner takes all the necessary measures to prevent and deter attacks. However, such problems may occur for reasons beyond our control. In the case where the MiMiner believes that the Active Platform Token is at risk or under threat, MiMiner reserves the right to immediately terminate the provision of any services associated with this token. . If it is established that as a result of this attack this token quickly loses its value or may cause damage to the platform, Website or other users, MiMiner has the right to cease any activity in respect of This token in its sole discretion. Decision in respect of deposits, withdrawals, balance Accounts, services, and other controversial issues related to endangered Token will be determined individually. MiMiner is not responsible for and does not guarantee the security of the platform, respectively, is not responsible for lost or stolen property, even in the case of negligent attitude to security MiMiner.

10.3. MiMiner accept Bitcoin and Litecoin as a form of payment for goods and services producers and suppliers (that support this form of payment). Like any kriptovaljuta, these payment systems are vulnerable to attacks on their basic infrastructure, including (but not limited to) 51%, Sybil attack or brute force. In addition, users kriptotermij from time to time send payments to erroneous or incorrectly inserted, error, for which there are no available recovery methods. You warrant and represent that, if you use these payment options, you are aware of the risks of using these payment systems are competent in carrying out transactions using kriptokonversij and that MiMiner not in any way assume any liability for any lost or otherwise erroneous payments that result from their use. Decision on payments, orders, account balances,

10.4. MiMiner reserves the right to withhold the execution of an order due to major price fluctuations that occur in the underlying price of kriptovaljuty when it is in its way through the block chain. In addition, you warrant and represent that you understand the fragile values of tokens and waive any claims for recovery from MiMiner for any alleged harm that may arise from the volatility of these assets in or after your order is processed. Finally, you warrant and represent that you understand how to operate the automatic upgrade purchase prices BTC and LTC, and understand that your order may not be completed if the price is updated, before you can post the transaction.

§ 2. Links to other websites.

10.5. MiMiner or other users may link to other Web sites or services that are not owned or controlled by MiMiner. MiMiner does not govern and is not responsible for the content, privacy policies, or practices of other websites or services. You acknowledge and agree that MiMiner shall not be responsible or liable, directly or indirectly, for any damage or loss caused as a result of use or undue trust in any information, content, goods or services, presented on or through such websites or services. MiMiner is not responsible for any loss or damage of any kind incurred as a result of interaction with content submitted by third parties on our website.

§ 3. Severability.

10.6. Any part of this agreement, which shall remain in force after termination of your licence or any other agreement remains in force. If any provision of this agreement is deemed unlawful, void, or untenable for any reason, that provision will be canceled, and the remaining provisions of this Agreement shall remain in force and shall be execution.

§ 4. Integrity.

10.7. Our failure to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. This agreement constitutes the entire agreement between the user and the holistic and MiMiner, including any future changes to this Agreement, superseding any prior agreements or understandings between you and us. Any ambiguity of this agreement must be interpreted in the most favorable light to MiMiner.

§ 5. Force majeure.

10.8. MiMiner is exempt from compliance with the provisions of this Agreement if the failure is associated with forces that are not subject to reasonable control. This includes (but is not limited to) force majeure, acts of any Government, war or civil disturbance, extreme weather conditions, fires, natural disasters, political embargoes, terrorism, equipment failure and power outages power outages, industrial or labour disputes or disagreements, actions of third parties or failures in block chain network.

10.9. Please note that the project MiMiner can be prone to other risks that the project currently predict.

11. Contacts.

§ 6. Contacts.

If you have any questions about this user agreement, please contact us via info@miminer.com.