1.About Avalon A1246
Avalon A1246 new high performance miner (87th / s ± 3%), power consumption (3420 ± 10%).
2. Calculation unit
The calculation force of Avalon A1246 of each ant miner is 87th / s.
3. Electricity cost
The electricity fee is 0.09USD /Kwh (pay monthly). Electricity will fluctuate based on the market rate.
4. Service charge
Collect 9% of the mining output as a management fee (including mine maintenance, mining machine online, mining machine deployment, mining machine maintenance risks, etc.)
5. Calculation of income
Refer to https://www.poolin.com/ for the mining revenue of mining machine.
6. Income settlement
The estimated income is calculated from the actual operation of the digital asset network and will change dynamically for reference only; the actual income from mining is the income from digital assets after deducting the service charge and the electricity cost. The gas fee will be borne by the users. The mining revenue is recorded every day, and the daily settlement of yesterday’s mining is at 16:00 Singapore time Mine income is distributed by day (24h). Only when the revenue reaches the amount specified by the platform can it be withdrawn.
7. Miner redemption
In order to ensure the mining efficiency, all the mining machines run in the high standard machine room and do not provide the function of ore pool selection; BTC mining machine has been leased for three years at a time and enjoys the mining machine property rights; if the mining machine has been leased for less than 360 days, the property rights will not be sent. If GPU mining machine has a total lease term of 4 years, the property right of the mining machine will be presented; if GPU mining machine has a lease term of less than 4 years, the property right will not be provided. For non BTC and GPU mining machinery leasing in other currencies with a cumulative lease term of 3 years, the property right of the mining machinery will be presented; for those less than 3 years, there will be no property right. The mining machinery property right shall be applied for within 30 days after the expiration of the lease term, and those not applied for shall be deemed to have waived the property right. The miner applying for picking up will be delivered from the global mine after the lease expires, and the international / domestic logistics fee will be borne by the user. Declaration: the shelf life of the physical miner is 180 days, and it has passed the warranty when it is removed from the shelf. (statement: 1. Only the mining machine property right will be given to the order after June 15, 2020; 2. All the mining machines will not be guaranteed to be consistent with the model of the order, and the comprehensive theoretical calculation value will not be lower than the calculation value of the order). Customers have the right to sell back the machine to ShareMine at 20% of the original price at the end of the lease term of 1080 days.
8. Termination of contract
If the customer fails to pay the electricity fee on schedule, the contract will be frozen. If the freezing period exceeds 5 days, the contract will be terminated. The contract will automatically terminate upon expiration.
9. Purchase instructions
Before placing an order, please understand the product carefully. If you are unclear, you can consult customer service. Once the order is placed, it means that the product has been approved and there is no refund.
10. Risk tips
The price of digital assets often fluctuates greatly, and the mining difficulty of each currency will be adjusted regularly. A fall in the currency price or a rise in the difficulty will result in a decrease in the yield per miner. Users need to carefully assess their risk tolerance and invest in digital asset mining within acceptable risk control.
Based on Singapore law, the platform reserves the right of final interpretation for the terms of this contract.