Effective Date: December 20, 2024
1. Acceptance of Terms
By creating an account, accessing, or using DERNIC Cloud Mining ("the Platform", "we", "us", "our"), you ("user", "you", "your") agree to comply with and be bound by these Terms of Service. If you do not agree to these terms, you must not use our services.
2. Eligibility
To use DERNIC Cloud Mining, you must:
- Be at least 18 years of age or the legal age of majority in your jurisdiction
- Have the legal capacity to enter into binding contracts
- Not be located in a country where our services are prohibited
- Provide accurate and complete registration information
- Maintain only one account per person
3. Account Registration and Security
3.1 Account Creation
You agree to:
- Provide accurate, current, and complete information during registration
- Maintain and update your information to keep it accurate
- Maintain the security of your account password
- Immediately notify us of any unauthorized use of your account
3.2 Account Restrictions
- One account per person - multiple accounts are strictly prohibited
- Accounts are non-transferable
- You are responsible for all activities under your account
- We reserve the right to suspend or terminate accounts that violate these terms
4. Services Description
DERNIC Cloud Mining provides cryptocurrency mining services including:
- Cloud-based mining hardware rental
- Mining pool access and management
- Cryptocurrency earnings and wallet services
- Performance monitoring and analytics
We reserve the right to modify, suspend, or discontinue any service at any time with or without notice.
5. Purchases and Payments
5.1 Mining Plans
- All purchases are final and non-refundable unless otherwise required by law
- Prices are subject to change without notice
- Mining equipment is cloud-based; no physical hardware is transferred
5.2 Generator Subscriptions
- Subscriptions are required to power mining operations
- Subscriptions do NOT auto-renew; manual renewal is required
- Expired subscriptions result in mining operations stopping
- No refunds for unused subscription time
5.3 Payment Methods
- We accept Bitcoin, USDT, PayPal, and credit/debit cards
- Payment processor fees may apply
- All transactions are processed in USD
6. Mining Operations and Earnings
6.1 Mining Performance
- Mining earnings are based on current network difficulty and cryptocurrency market conditions
- Displayed ROI and earnings are estimates and not guaranteed
- Actual earnings may vary due to market conditions
- We guarantee 99.9% platform uptime but are not liable for network downtime
6.2 Earnings Distribution
- Earnings are calculated hourly and added to your account balance
- Only active miners with valid generator subscriptions earn cryptocurrency
- Minimum withdrawal amount is $20.00
7. Withdrawals
- Withdrawals are processed instantly for supported payment methods
- Minimum withdrawal: $20.00
- We reserve the right to verify identity before processing withdrawals
- Withdrawal fees may apply depending on the payment method
- We are not responsible for incorrect wallet addresses or payment details provided by users
8. Prohibited Activities
You agree NOT to:
- Create multiple accounts or use fraudulent information
- Engage in any form of market manipulation or fraud
- Use automated systems or bots without authorization
- Attempt to gain unauthorized access to our systems
- Interfere with or disrupt the platform's operation
- Use the platform for money laundering or illegal activities
- Violate any applicable laws or regulations
- Share your account credentials with others
9. Referral Program
- Earn 5% commission on referral deposits
- Referrals must be legitimate users
- Self-referrals and fraudulent referrals are prohibited
- We reserve the right to cancel referral commissions for suspicious activity
10. Intellectual Property
All content, trademarks, logos, and intellectual property on DERNIC Cloud Mining are owned by us or our licensors. You may not:
- Copy, modify, or distribute our content without permission
- Use our trademarks or branding without authorization
- Reverse engineer or decompile our software
11. Disclaimers and Limitations of Liability
11.1 Service "As Is"
DERNIC Cloud Mining is provided "as is" and "as available" without warranties of any kind, either express or implied.
11.2 Cryptocurrency Risks
Cryptocurrency mining involves significant risks including:
- Market volatility and price fluctuations
- Regulatory changes affecting cryptocurrency
- Network difficulty adjustments
- Potential loss of investment
11.3 Limitation of Liability
To the maximum extent permitted by law, DERNIC Cloud Mining shall not be liable for:
- Any indirect, incidental, or consequential damages
- Loss of profits, data, or business opportunities
- Damages exceeding the amount paid to us in the last 12 months
- Losses due to cryptocurrency market fluctuations
12. Termination
12.1 By You
You may terminate your account at any time by contacting support. No refunds will be provided for active subscriptions or purchased miners.
12.2 By Us
We reserve the right to suspend or terminate your account immediately if:
- You violate these Terms of Service
- We suspect fraudulent activity
- Required by law or regulatory authorities
- Your account remains inactive for 12+ months
13. Modifications to Terms
We reserve the right to modify these Terms of Service at any time. Changes will be effective immediately upon posting. Continued use of the platform after changes constitutes acceptance of the modified terms.
14. Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with international e-commerce laws. Any disputes shall be resolved through:
- Good faith negotiations between parties
- Binding arbitration if negotiations fail
15. Contact Information
For questions about these Terms of Service, please contact us:
- Email: support@dernic.com
- Support Portal: Available 24/7 through your dashboard