Source: https://profitminer.net/pages/terms-condtiions
Timestamp: 2018-03-23 06:42:02
Document Index: 653416311

Matched Legal Cases: ['§ 1', '§ 2', '§ 3', 'arts 7', '§ 4', '§ 6', '§ 7', '§ 8', '§ 1', '§ 2']

§ 1 Agreement
Profitminer offers a cloud mining service. We mine cryptocurrencies at their most lucrative times.
We achieve this through our unique mining algorithm.
The distribution is made exclusively in Bitcoin.
§ 2 Contract Term
The Agreement is made for an indefinite period of time.Depending on which investment package you have chosen, you are entitled to the return of your deposit.
We offer 4 investment packages. "Small" "Medium" "Large" and "X-Large".
With the purchase of the "Small" package, you have a claim to the return of your investment after a term of 12 months.
With the purchase of the "Medium" package, you have a claim to the return of your investment after a term of 9 months.
With the purchase of the "Large" package, you have a claim to the return of your investment after a term of 6 months.
With the purchase of the "X-Large" package you have a right to return your investment after a term of 6 months.
§ 3 Start of Mining
Your payout starts 7 days after purchasing your package.
§ 4 Mining Income
You receive up to 15% on your bitcoin investment per month. If the profits can not be kept stable by Profitminer, we need to lower your earnings for that period of time. We will do everything possible to prevent this from happening.
For every payout you have to pay a fee of 2%
§ 6 Multiple Accounts
Multiple accounts are strictly prohibited. Our skilled programmers and our security systems allow us to track all accounts and automatically locate duplicate accounts. In the case of default on contract we will delete all your accounts and 50% of your investment will not be refunded as a penalty.
§ 7 Risk
Investing in the crypto market will always entail risk. Therefore, we can not guarantee for profits. Thanks to our algorithm, we are able to handle this volatile market well and provide high profits as best as possible.
§ Early Withdrawal
An early withdrawal is not possible.
In case of a too strong decrease in profits, of course, we will refund your bitcoin investment prematurely. We are confident that this will not happen.
§ 8 Reservation
We reserve the right to modify these Terms and Conditions at any time, if necessary.
§ 1 Commission As a recommender you receive a follow-up commission. The percentage you receive is depending on in which of your commision levels your new customer is.
§ 2 Commission Levels There are 5 levels. The first three levels are open to all customers.
On the 1st level you receive 5% follow-up commission
On the 2nd level you receive 3% follow-up commission
On the 3rd level you receive 2% follow-up commission.
The fourth and fifth levels are open to customers with an investment amount of 5 bitcoins or more.
On the 4th level you will receive 1% follow-up commission.
On the 5th level you will receive 1% follow-up commission.
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