Terms of Service

1) Who we are

These Terms are between you (“Client”, “you”) and Minera Technology Limited, a private limited company incorporated in England and Wales (company no. 16744909) with registered address 71–75 Shelton Street, Covent Garden, London, United Kingdom WC2H 9JQ(“Minera”, “we”, “us”, “our”).

2) Acceptance of these Terms

By accessing or using the website or Services (defined below), you agree to be bound by these Terms. If you do not agree, do not use the website or Services.

3) Eligibility and authority

You represent that you are at least the age of majority where you live and have authority to enter into these Terms on behalf of yourself or the entity you represent.

4) Services and scope

Minera provides coordination, oversight, and performance-management services for client-owned high-performance computing or Bitcoin mining equipment (“Equipment”) operated at one or more designated third-party hosting facilities (“Hosting Partners”). These services may include:

• Arranging third-party hosting and energy supply.
• Overseeing uptime monitoring and maintenance coordination.
• Providing reporting through a client dashboard, including monthly summaries and real-time metrics where available.
• Analytics and performance-tracking related to the Equipment.

Minera does not own or directly operate hosting facilities. Physical hosting, energy supply, and facility-level services are provided by independent Hosting Partners under separate arrangements managed and supervised by Minera.

5) Performance data and reporting

We provide continuous tracking and data aggregation for the Equipment where available, including uptime records, hash-rate data, and estimated outputs based on verified blockchain or system-level sources. We may issue monthly reports summarizing operational performance and estimated net operational proceeds.

Data is provided on a best-effort basis. Minor variances due to latency or third-party reporting do not constitute a breach. Any projections, estimates, or profitability views are informational only and do not constitute financial advice or guaranteed results.

6) Hosting partners; changes and coordination

Minera may change Hosting Partners or locations to optimize performance or cost, using commercially reasonable efforts to avoid material disruption. Minera’s responsibility is limited to coordination and supervision; physical services are rendered by independent third parties.

7) Insurance

Hosting Partners typically maintain facility-level insurance for miners and infrastructure risks. Minera may verify such coverage but assumes no liability for its scope or limits and has no obligation to compensate you for uninsured losses or amounts not recovered from insurance claims.

8) Client obligations (KYC/AML; operational cooperation)

• Provide accurate information and documentation reasonably requested for compliance purposes, including AML/KYC checks.
• Do not interfere with operations and do not contact Hosting Partners directly without Minera’s written consent.
• Maintain control of your wallet, pool accounts, and credentials, and keep your contact details up to date.
• Comply with applicable laws and regulations in connection with your use of the Services.

9) Proceeds, allocations, reinvestment, and payouts (BTC only)

Unless otherwise agreed in writing, operational proceeds are distributed on a performance basis (“no-cure-no-pay”). For these Terms, “Net Operational Proceeds” means the total computational revenues generated by the Equipment less applicable hosting fees, energy costs, transaction or pool fees, and any maintenance or repair expenses directly attributable to the Equipment’s upkeep.

Net Operational Proceeds are allocated 60% to the Client and 40% to Minera. From the Client’s 60% share, 50% is paid out monthly in BTC to the Client’s designated wallet and 50% is automatically reinvested into the purchase of additional equipment on the Client’s behalf. If conversion to other currencies is required, Minera may convert BTC at a commercially reasonable rate.

Minera may allocate reinvested amounts toward new or upgraded equipment from suppliers it deems suitable. If no revenue is generated in a given period, neither Party owes any payment to the other.

All payouts are made solely in Bitcoin (BTC) to the wallet you designate. Any fiat values displayed are informational only and do not create a payment obligation in those currencies.

10) Term (equipment batches)

Where Services apply to specific Equipment, the engagement runs for four (4) years for each equipment batch, commencing on the date the batch becomes operational within the hosting network as notified by Minera. Reinvested equipment acquisitions begin a new four-year term from activation.

11) Termination; equipment retrieval or buy-out

Either Party may terminate an active services engagement with ninety (90) days’ written notice. Minera may terminate immediately for regulatory non-compliance, false information, or material breach.

Upon termination, dashboard access may cease as of the effective termination date. Minera will provide a final performance summary and coordinate final BTC disbursement of accrued proceeds within thirty (30) days.

If you terminate an equipment engagement, you may elect (where applicable) either (a) equipment retrieval at your cost (including logistics, customs, and storage), subject to settlement of any outstanding amounts; or (b) request a buy-out by Minera at residual value, which Minera may accept or decline. Minera may also elect to buy out an equipment batch with at least ninety (90) days’ notice.

12) No investment advice; regulatory disclaimer

Nothing in these Terms or in any services relationship constitutes an investment contract, collective investment scheme, or solicitation of investment under the Financial Services and Markets Act 2000 (FSMA) or equivalent legislation. Minera provides coordination, analytics, and operational oversight only and does not engage in financial advisory or fund management activities.

13) Confidentiality

Each Party must keep confidential all non-public information obtained in connection with the Services and may use it only to perform obligations and exercise rights under the applicable engagement. This obligation survives termination.

14) Force majeure

Neither Party is liable for failure or delay caused by events beyond reasonable control, including energy interruptions, network failures, third-party outages, or government actions.

15) Liability; third-party hosting; indemnity

Minera’s obligations are limited to coordination, analytics, and performance reporting. Minera is not responsible for interruption, downtime, or equipment failure resulting from acts or omissions of Hosting Partners or other third parties.

To the maximum extent permitted by law, and except in the case of fraud or wilful misconduct, Minera’s aggregate liability arising out of or relating to the Services will not exceed the total BTC amount retained by Minera from the Client’s operations in the preceding twelve (12) months.

Minera will not be liable for indirect or consequential losses (including loss of profits) arising out of or relating to the website or Services.

Each Party will indemnify the other against losses arising from its own breach or wilful misconduct.

16) Website acceptable use; intellectual property

You may not misuse the website or Services. You agree not to interfere with or disrupt systems, probe or test vulnerabilities without authorization, or use the Services for unlawful activity.

The website, branding, and any software or content we provide are owned by Minera or our licensors and are protected by applicable laws. You receive a limited, non-exclusive, non-transferable license to use the website and Services as permitted by these Terms.

17) Governing law; arbitration

These Terms and any dispute arising out of or relating to them are governed by the laws of England and Wales. Any dispute shall be resolved through binding arbitration in London under the Rules of the London Court of International Arbitration (LCIA). The seat of arbitration shall be London, England, and the language of the arbitration shall be English.

18) Entire agreement; changes

These Terms constitute the entire agreement regarding your use of the website and, unless superseded by a signed written agreement, the Services. We may update these Terms from time to time; we will update the “Last updated” date above when we do.

19) Contact

Questions about these Terms? Contact us at info@mineratech.io or via our contact page.