Every term and condition described in this agreement governs all the actions and activities of all registered users (hereinafter referred to as "Customer" or "Client") of Megnet Mining (hereinafter referred to as "Company").
For any Customer or Client to use services offered by the Company, they must have agreed with every term stated in this agreement. Megnet Mining will not be held responsible for any breach of the terms of agreement on the part of the Customer.
Megnet Mining reserves the sole right to change any aspect of this agreement after giving the Customer a one week notice before the said change.
Description of services
The Company makes use of scalable distributed systems for Bitcoin cloud mining, and all servers of the Company are located at their data center.
The Company offers Bitcoin investment opportunities to Customers through the investment platform at https://www.megnetmining.com
The rate of all interests offered at the Company are measured in MHash/s (millions hashes per second).
Terms of resource reservation
The Bitcoin payment system is what the Customer should use to make deposits into the system.
The earnings of every Customer are calculated, based on the total amount in their account balance, and the time when the deposit was initially made. The Customer can make use of the Company's Calculator page to calculate their compound interest earnings.
For any withdrawal to be processed successfully, it has to be made through the same payment the deposit was made.
Every withdrawal request is processed instantly with the Megnet Mining system.
Parties to the agreement
Any user is recognized as a Customer when they have completed the account opening process successfully on https://www.megnetmining.com
Every Customer will be required to provide accurate personal information during the account opening process.
For any user to be accepted as a Customer of the Company, they must be adults and legal citizens of the country of residence.
By opening an account with the Company, the Customer agrees not to make use of any services of the company for illegal actions.
The Company agrees only to render services to the Customer under the terms of this agreement.
The Company will never share personal details of the Customer with any party.
Each Customer may open only one account. Multiple account opening is highly prohibited and such account will be terminated without notice.
Only the Customer is allowed access to their account. Transferring account usage rights to another party is not allowed. Every Customer will be required to provide accurate personal information during the account opening process.
The Client can change their payment system at any time.
Terms Affiliate Program
Megnet Mining runs an affiliate program, intended to encourage Customers to refer other people to the investment platform.
The affiliate commission rate is 5% of the deposit of any referral.
Force majeure circumstances
The Company may suspend their services from public use if it becomes affected by world economic crisis, technological disasters, wars, earthquake, revolution, strikes, and epidemics.