CLOUD MINING AND INVESTMENT
Cloud mining should be considered as no more than a fun, recreational activity and not a source of income or investment. Investing involves risk, including possible loss of principal.
In addition to the normal risks associated with investing and mining, cryptocurrency mining investments and related instruments may involve risk of capital loss from unfavorable fluctuation in cryptocurrency values, exchange-related risks, policy risks, liquidity, and market price fluctuation and demand. CloudMining does not trade, buy or sell cryptocurrencies for or with its customers.
The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase. There is no guarantee that any strategies discussed will be effective. The information provided is not intended to be a complete analysis of every material fact respecting any strategy. The examples presented do not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy.
ALL SALES ARE FINAL
CloudMining Inc. will not accept returns and all sales are final.
EARNED CREDITS MAY CHANGE IN FUTURE
CloudMining Inc. cannot guarantee the credits the device pays will stay the same in the future; they may go up or down. This is especially true since the credits are tied to the difficulty in mining Bitcoin, which, if history is any indication, increases at an exponential rate. Earned credits are also tied to the market value of cryptocurrencies.
IMPOSSIBILITY OF PERFORMANCE; SUSPENSION; TERMINATION
If the fees to each customer for cloud mining must be raised to 100% in order for CloudMining to remain in business without a loss, or if despite raising fees to 100% CloudMining incurs a loss, CloudMining will suspend all contracts for cloud mining. CloudMining will turn the cloud mining back on once the fees are 99% or lower, however, following standard industry practice, if the fees to each customer for cloud mining are 100% and CloudMining is sustaining a loss for ten consecutive days, then CloudMining may unilaterally terminate all contracts for cloud mining completely, at its discretion and damages, if any, will be limited to those described in the clause.