Definitions

• “Power Node” means a unit of operational compute infrastructure capacity made available within the Mining Grid infrastructure network.
• “Grid” means the connected infrastructure network operated or managed by Mining Grid.
• “Capacity” means operational compute resources represented within the Services.
• “Spot” means a User account or allocation environment within the Mining Grid system through which infrastructure participation is managed.
• “Auto-Buy” means an optional system functionality that may automatically allocate additional Power Node capacity using available operational balances or system-defined allocation mechanisms.
• “Services” means the infrastructure participation services, operational systems, platform access, and related functionalities provided by Mining Grid.

1. Nature of the Service

1.1 Power Nodes represent participation rights to allocated operational compute infrastructure capacity measured in kilowatts (“KW”) within the Mining Grid infrastructure network.

1.2 Power Nodes are compute power participation services delivered through connected technology systems and data centres.

1.3 Power Nodes do not represent:

• ownership or rental rights relating to physical servers, mining devices, ASICs, or data centre equipment;
• securities;
• investment funds;
• financial instruments;
• custodial accounts;
• savings products;

1.4 Mining Grid and its contractors retain sole discretion over infrastructure operation, deployment, optimization, facility selection, provider relationships, and operational management.

2. Access Duration

2.1 Each Power Node grants access to allocated operational infrastructure capacity for a fixed duration displayed at the time of activation.

2.2 Unless otherwise stated, Power Node access duration is four (4) years from activation date.

2.3 The standard activation timeline for Power Nodes is up to thirty (30) working days from successful purchase and reservation confirmation.

Activation timelines may be delayed due to operational requirements, logistics, manufacturing delays, infrastructure deployment scheduling, shipping timelines, third-party provider arrangements, regulatory procedures, or other circumstances beyond Mining Grid’s reasonable control.

2.4 Upon expiration:

• access terminates automatically;
• operational participation ends;
• and no further operational allocations or benefits accrue;

3. Infrastructure Operations

3.1 Mining Grid may deploy infrastructure across one or multiple facilities, jurisdictions, providers, or operational environments.

3.2 Infrastructure capacity may be:

• relocated,
• redistributed,
• optimized,
• replaced,
• upgraded,
• or restructured at Mining Grid’s discretion.

3.3 Infrastructure capacity may operate across different facilities, regions, hosting environments, or infrastructure providers based on operational requirements, optimization, infrastructure availability, and system conditions.

3.4 Certain operational, infrastructure, hosting, facility, and deployment information may remain confidential for security and operational reasons.

3.5 Mining Grid may utilize third-party infrastructure providers, hosting facilities, electricity providers, cooling operators, and network service providers.

3.6 Mining Grid applies operational standards requiring infrastructure operators and contractors to target maintaining 90% or greater infrastructure uptime across operations.

Operational uptime may be affected by force majeure events or circumstances beyond the reasonable control of Mining Grid or its infrastructure providers.

In the event of any significant operational uptime shortage across the full operational term duration, Mining Grid may, at its discretion, compensate affected Users through multiple methods including, but not limited to:

• reasonable service extensions corresponding to the impacted operational period;
• direct operational outcome compensation;
• additional computing power allocation;
• or other forms of operational adjustment deemed appropriate based on the specific circumstances.

Any applicable compensation, adjustment, or operational extension shall generally be processed no later than one (1) week prior to the expiration date of the affected Power Node term, unless operational, technical, compliance, or force majeure circumstances require otherwise.

4. Service Availability and Maintenance

4.1 Infrastructure and operations services may experience:

• interruptions,
• maintenance,
• temporary shutdowns,
• reduced performance,
• network outages,
• electricity disruptions,
• cooling limitations,
• hardware failures,
• or operational downtime.

4.2 Continuous or uninterrupted functionality is not guaranteed.

4.3 Mining Grid and its infrastructure providers may perform scheduled or emergency maintenance that may temporarily affect operational availability.

4.4 Infrastructure operations may occasionally participate in energy-grid balancing, curtailment, or demand-response programs which may temporarily reduce or suspend operational activity.

5. Operational Outcomes

5.1 Any projected, forecasted, estimated, promotional, expected, or illustrative outcomes are indicative only and do not constitute guarantees of specific results, uptime and fixed outcome.

5.2 Actual operational outcomes may vary based on infrastructure performance and service availability as outlined in Section 4.1.

5.3 Past performance or projected outcomes do not guarantee future performance.

6. Auto-Buy Functionality

6.1 Power Nodes include optional Auto-Buy functionality, which is enabled by default unless disabled by the User.

6.2 Every newly purchased Power Node is issued with a fixed four-year operating term commencing from the date of purchase.

6.3 Auto-Buy functionality may utilize available allocations to automatically acquire additional infrastructure participation capacity, subject to available supply, system processing, and operational conditions.

6.4 Capacity acquired through Auto-Buy is consolidated into the existing Power Node position within the relevant Spot and adopts the expiry date of the longest active Power Node contract within that Spot. Accordingly, Auto-Buy capacity may have an effective operating term shorter than four years.

6.5 Auto-Buy is available only while the longest active Power Node contract within the relevant Spot has a minimum remaining term of twenty-four months at the time of Auto-Buy allocation.

6.6 If the longest active Power Node contract within the Spot has less than twenty-four months remaining, Auto-Buy will be automatically suspended until a new Power Node purchase establishes a qualifying contract term.

6.7 Auto-Buy suspension only affects future Auto-Buy allocations and does not cancel, reduce, or otherwise affect Power Node capacity already purchased or allocated.

6.8 Mining Grid may modify, limit, suspend, or discontinue Auto-Buy functionality at any time.

6.9 Disabling or enabling Auto-Buy does not guarantee future allocation availability.

6.10 By enabling or maintaining Auto-Buy functionality, the User acknowledges and accepts that newly auto-purchased Power Node capacity may belong to different operational batches with different:

• projected outcomes;

• infrastructure locations;

• operational efficiencies;

• infrastructure conditions;

• operational characteristics; and

• applicable terms at the time of allocation.

Users who do not wish to participate in newly available batches may disable or pause Auto-Buy functionality at any time, subject to system processing and operational conditions.

6.11 Auto-Buy functionality may support fractional infrastructure allocations, including smaller computing power units such as 0.1 kW.

7. User Responsibilities

7.1 Users are responsible for:

• maintaining account security;
• safeguarding wallet credentials;
• ensuring legal eligibility within their jurisdiction;
• and complying with all applicable laws and regulations.
• act solely on their own behalf.
• providing accurate and up-to-date account and registration information.

7.2 Users may not:

• misuse the platform;
• manipulate operational systems;
• engage in fraudulent conduct;
• attempt unauthorized access;
• abuse promotional systems;
• or violate applicable laws.
• act for third parties;
• transfer Power Nodes without authorization;
• provide false account information.

Violation of these restrictions may result in suspension, restriction, termination of access, cancellation of allocations, or other compliance and operational actions deemed necessary by Mining Grid.

8. Payments and Fees

8.1 All purchases, allocations, activations, and payments relating to Power Nodes are final and non-refundable.

Upon successful purchase or allocation, operational capacity is reserved or provisioned for the User.

8.2 Users are responsible for:

• transaction fees;
• banking charges;
• currency conversion fees;
• applicable taxes, if any;
• and third-party processing fees.

8.3 Mining Grid reserves the right to:

• modify pricing;
• limit allocations;
• restrict availability;
• reject transactions;
• or discontinue batches at its discretion.

9. Risk Disclosure

9.1 Participation in Power Nodes involves operational, technical, regulatory, infrastructure, and market-related risks.

9.2 Users acknowledge that:

• infrastructure performance may fluctuate;
• operational outcomes may vary;
• downtime may occur;
• projected outcomes may not be achieved;
• regulations may change;

10. Sanctions Compliance and Restricted Jurisdictions

10.1 Users may not directly or indirectly access, use, purchase, transfer, allocate, export, re-export, disclose, or otherwise make available any services, infrastructure capacity, products, software, technology, or related operational access provided by Mining Grid to:

• any individual, entity, organization, or party subject to economic or trade sanctions, restrictions, or embargoes;
• any country, territory, or jurisdiction subject to comprehensive sanctions or trade restrictions;
• or any person or entity acting on behalf of, for the benefit of, or under the control of sanctioned persons or entities.

10.2 Users further agree not to use the services in any manner that would cause Mining Grid or its infrastructure providers to violate applicable sanctions laws, export control regulations, or restrictive measures imposed by competent authorities, including but not limited to regulations administered by:

• the European Union (EU);
• the United Nations (UN);
• the United States;
• the United Kingdom;
• or other applicable governmental authorities.

10.3 Users represent and warrant that:

• they are not subject to applicable sanctions;
• they are not located, established, or operating in a sanctioned jurisdiction;
• and the services will not be used for prohibited, restricted, military, unlawful, or unauthorized purposes.

10.4 Mining Grid reserves the right to:

• conduct compliance reviews;
• request verification information;
• restrict access;
• suspend services;
• freeze operational access;
• reject transactions;
• or terminate accounts where required for compliance, regulatory, sanctions, export-control, or risk-management purposes.

11. Suspension and Termination

11.1 Mining Grid reserves the right to suspend, restrict, limit, or terminate access where:

• fraud is suspected;
• compliance concerns arise;
• misuse is detected;
• operational security is threatened;
• sanctions concerns exist;
• or legal obligations require action.

11.2 Mining Grid may modify, pause, restructure, replace, or discontinue portions of the service where operationally necessary.

11.3 Mining Grid reserves the right to modify operational logic, infrastructure parameters, allocation methods, reward calculations, deployment systems, and operational structures for technical, operational, compliance, scalability, or infrastructure optimization purposes.

12. Limitation of Liability

12.1 To the maximum extent permitted by law, Mining Grid shall not be liable for:

• indirect damages;
• consequential damages;
• speculative losses;
• loss of profits;
• third-party failures;
• network interruptions;
• utility disruptions;

12.2 To the maximum extent permitted by law, Mining Grid’s total liability arising from the Services shall not exceed the amount paid by the User for the affected Power Node.

13. Force Majeure

Mining Grid shall not be liable for delays, interruptions, failures, or inability to perform resulting from events beyond reasonable control including:

• electricity interruptions;
• infrastructure damage;
• natural disasters;
• regulatory actions;
• sanctions restrictions;
• labor disputes;
• cyber incidents;
• mass telecommunications failures;
• or force majeure events.

14. Amendments

Mining Grid reserves the right to amend, modify, or update these Terms at any time.

Updated Terms become effective upon publication within the application, website, platform, or related services.

Continued use of the services constitutes acceptance of updated Terms.

15. Governing Law

These Terms shall be governed by and interpreted in accordance with the laws applicable within the United Arab Emirates, unless otherwise required by applicable law.

Any disputes shall first be attempted to be resolved amicably before formal proceedings are initiated.

16. Entire Agreement

These Terms constitute the complete agreement governing the Power Nodes system and supersede prior promotional materials, communications, representations, or understandings relating to the service.