Cuverse Limited, Reg.-No. 76541636 7/F, MW Tower, 1 Bonham Strand, Sheung Wan, Hong Kong
Effective from: [DATE]
This Order Specification forms an integral part of the Mining Service Agreement entered into between the Customer and Cuverse Limited. In the event of any conflict between this Order Specification and the Mining Service Agreement, the principal agreement shall prevail.
The Mining Service Agreement and this Order Specification are not available to US Customers pursuant to § 6(2)(h) and § 14(3) of the Mining Service Agreement.
Order Identifiers
§ 1. Customer Information
§ 2. Service Package Specifications
§ 3. Operating Mode
§ 4. Mining Pool
§ 5. Pricing
IMPORTANT: The Package Price is a wholly non-refundable payment pursuant to § 3(5) of the Mining Service Agreement. The Package Price is not refundable under any circumstances, including Cancellation of the Service Package, transition to the STOPPED state, expiry of the Service Period or any other reason. The sole exception is § 4(2) of the Refund Policy (termination at Cuverse’s initiative without the Customer’s fault).
§ 6. Service Prepayment
§ 7. Customer Acknowledgments
By accepting this Order Specification, the Customer confirms that the Customer:
- has reviewed the version in effect of the Mining Service Agreement and agrees to its terms;
- understands that the Package Price is a wholly non-refundable payment and knowingly accepts this term;
- understands that the purchase of a Service Package does not give rise to any right of ownership in the Mining Hardware on the part of the Customer, and that the Mining Hardware remains the property of Cuverse;
- understands that Cancellation of a Service Package is an irreversible action — following transition to the STOPPED state, reactivation is not possible, and in order to resume services the Customer must purchase a new Service Package;
- has reviewed the Risk Disclosure Statement and understands the risks set out therein, including the risks of mining, the volatility of crypto-assets and regulatory risks;
- has reviewed the Refund Policy, the Acceptable Use Policy and the Loyalty Program Terms;
- has reviewed the Platform Terms of Use and the Privacy Policy of Cuverse Technologies Limited;
- has provided a valid Customer Wallet controlled exclusively by the Customer;
- confirms that the Customer is not a US Customer (a U.S. resident, U.S. citizen or U.S. tax resident), and understands that the Mining Service Agreement is not available to US Customers pursuant to § 6(2)(h) and § 14(3) of that agreement;
- (for B2C Customers from the EU) expressly waives the 14-day right of withdrawal pursuant to § 3(9) of the Mining Service Agreement in exchange for the immediate commencement of the provision of services.
Note: the confirmation of the irreversibility of Cancellation and the confirmation of the non-refundable nature of the Package Price are independent expressions of the Customer’s intent and shall be given separately.
Brief explanation: by signing this Order Specification, the Customer acquires a Service Package on the terms of the Mining Service Agreement. The Customer does NOT acquire Mining Hardware and does not become its owner. Cuverse provides computing power for mining. Mining Rewards are transferred directly to the Customer’s wallet. The Package Price is not refundable in the event of Cancellation initiated by the Customer. The duration is 60 months. The detailed terms are set out in the Mining Service Agreement.