⚠️ IMPORTANT: By purchasing mining hardware through VoltMine, you agree to a CO-OWNERSHIP MODEL where VoltMine (VoltMine) retains 49% ownership of all mining equipment. You must read and accept these terms before participation.
1. CO-OWNERSHIP STRUCTURE
1.1 Ownership Split
All mining hardware purchased through VoltMine operates under a co-ownership model:
- Customer Ownership: 51% beneficial ownership of mining rewards
- VoltMine Ownership: 49% ownership stake in physical hardware and infrastructure
- Customer does NOT own the physical hardware outright and cannot take possession of equipment
- VoltMine retains full custody, control, and physical possession of all mining equipment
1.2 Purchase Price Discount
Customers receive discounted pricing (up to 80% of market value) in exchange for the co-ownership structure. This discount reflects the shared ownership model and VoltMine' retained interest in the equipment.
2. LIMITATION OF LIABILITY
PRX HOLDINGS, ITS DIRECTORS, EMPLOYEES, AND AFFILIATES SHALL NOT BE HELD LIABLE FOR:
- Mining Losses: Cryptocurrency mining is speculative. No guarantees are made regarding profitability or returns.
- Hardware Failure: Mining equipment may malfunction, degrade, or fail. VoltMine is not liable for equipment downtime or replacement costs.
- Electricity Costs: Actual electricity costs are deducted from mining rewards. Costs may vary based on market rates and consumption.
- Cryptocurrency Volatility: Bitcoin and cryptocurrency values fluctuate. VoltMine is not responsible for market losses.
- Network Difficulty: Bitcoin mining difficulty changes may reduce profitability. No returns are guaranteed.
- Regulatory Changes: Changes in Indian (🇮🇳), Georgian (🇬🇪), or international law may affect operations.
- Force Majeure: Natural disasters, power outages, internet disruptions, government seizures, or other events beyond our control.
- Service Interruption: Mining operations may be suspended for maintenance, upgrades, or unforeseen circumstances.
3. EARNINGS & DEDUCTIONS
3.1 Mining Rewards
Mining rewards are calculated based on actual Bitcoin mined by your co-owned equipment, proportional to your 51% beneficial ownership stake.
3.2 Mandatory Deductions
The following costs are deducted from gross mining rewards BEFORE distribution:
- Electricity: Actual consumption costs at prevailing rates
- Maintenance Fee: Up to 15% of gross rewards for facility operations, cooling, monitoring, and repairs
- Network Fees: Bitcoin transaction fees for payouts
- Infrastructure Costs: Pool fees, network connectivity, security
3.3 VoltMine' 49% Share
VoltMine receives its proportional 49% share of net mining rewards (after deductions) as the co-owner of the physical equipment.
4. RISK ACKNOWLEDGMENT
By participating, you acknowledge and accept the following risks:
- You may lose your entire investment
- Mining may generate negative returns after electricity and maintenance costs
- Equipment may become obsolete or unprofitable to operate
- VoltMine may suspend or terminate mining operations at any time
- Withdrawals may be delayed or restricted based on operational requirements
- No refunds will be issued for co-ownership purchases
5. CUSTOMER OBLIGATIONS
- Provide accurate information during registration
- Maintain a valid Bitcoin wallet address for payouts
- Comply with all applicable laws in your jurisdiction
- Not attempt to access, tamper with, or physically retrieve equipment
- Accept that all operational decisions are at VoltMine' sole discretion
6. TERMINATION RIGHTS
6.1 VoltMine' Rights
VoltMine reserves the right to:
- Terminate any customer account at any time without cause
- Cease mining operations if unprofitable or legally required
- Sell, dispose, or relocate equipment as needed
- Modify terms with 30 days notice
6.2 Customer Termination
Customers may request account closure but forfeit any ownership stake in equipment. No buyback or refund is provided. Outstanding balances will be paid out per the standard withdrawal process.
7. NO GUARANTEES
VoltMine makes NO guarantees regarding:
- Profitability or positive returns
- Uptime or continuous operation
- Specific mining rewards or timelines
- Equipment lifespan or performance
- Future availability of service
8. INDEMNIFICATION
Customer agrees to indemnify and hold harmless VoltMine, its directors, officers, employees, and affiliates from any claims, damages, losses, liabilities, or expenses arising from:
- Customer's breach of these terms
- Customer's violation of any law or regulation
- Any dispute between customer and third parties
- Customer's use of the mining service
9. GOVERNING LAW & JURISDICTION
This agreement is governed by the laws of India and Georgia. Any disputes shall be resolved through binding arbitration in Mumbai, India.
10. DATA PRIVACY
Customer data is handled in compliance with Indian Digital Personal Data Protection Act, 2023 (🇮🇳) and Georgian Law on Personal Data Protection (🇬🇪). We collect email, wallet addresses, and transaction data for service provision.
11. CONTACT & SUPPORT
For questions or support:
- Telegram: @dsmrcrypto
- Service Type: Locally hosted infrastructure
BY CLICKING "I ACCEPT" OR BY PARTICIPATING IN PRX HOLDINGS MINING SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS.