BitcoinLabMining Best Mining BTC-Best Profit Sincerely team https://bitcoinlabmining.com/

BitcoinLabMining Best Mining BTC-Best Profit
Sincerely team https://bitcoinlabmining.com/

bitcoinlabmining.com Bitcoin Exchange

Can you make a purchase BTC 
***bitcoinlabmining.com Bitcoin Exchange. BTC/USD, BTC/EUR, BTC/RUB Official page***
Our capacities allow exchange.

You do not need to buy and sell BTC

Start mining today

You do not need to buy and sell BTC, we will do it for you, you can only buy our power in your preferred currency, you do not need to download and install the program and do a lot of settings (you are insured for 100% of the exchange rate fluctuations, you are always at a profit)

Our version is available in Turkish

Our version is available in Turkish, soon we translate our website into many languages.
There may be a translation error, apologize for earlier.

Our online chat

Our online chat
Hello, here you can follow any responses to ask questions online and communicate with each other.
https://bitcoinlabmining.com/rateus.php

What is Litecoin?

What is Litecoin?
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
https://litecoin.org/

DOGECOIN

Dogecoin is a fun, new and rapidly growing form of digital currency.
This form of digital currency is called "cryptocurrency"; a type of digital currency.
Cryptocurrency is completely anonymous, decentralized, and extremely secure.

Dogecoin is used with a wallet on your computer, your smartphone, or a website.
You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars).

One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet.

It is very easy to start using Dogecoin.

• Step 1: Get A Wallet.
• Step 2: Get Some Dogecoin.
• Step 3: Use Your Dogecoin.
• Step 4: Stay Up-to-Date.

More information in the guide below.

http://dogecoin.com/

We accept DOGECOIN

Our facilities and equipment allow you to work with DOGECOIN We accept DOGECOIN

Sincerely team https://bitcoinlabmining.com/

Do not forget that you can earn without buying contracts

Dear partners, do not forget that you can earn without buying contracts, our referral commission attracted investor you composes 3% of its deposit.
For example: your partner bought the contract (for your reference) for $ 5000, you will earn $ 150, you can withdraw immediately.
Work and earn money.
https://bitcoinlabmining.com/

www.bitcoinlabmining.com

Good day, starting today a special offer:

Good day, starting today a special offer:
when renting any capacity (purchase contracts), except BLM1 (Testing), you get a 5 Mh/s (DP $1.65) for a period of five days absolutely free.
Sincerely team https://bitcoinlabmining.com/
The campaign is limited.
 "DP"-Estimated Daily Payments

Contracts for the purchase are available in LTC
https://litecoin.org/

Can Hobbyist Bitcoin Miners Still Make a Buck?

Is a perfect storm of rising difficulty and falling bitcoin prices killing home-based hobbyist mining? Some industry experts think so.

Ravi Iyengar, founder and CEO of CoinTerra, said that his company used to sell equal numbers of ASIC mining units to individual investors and institutional miners, who would buy them in larger volumes.

"The ratio of small retail miners to institutional miners has gone down," said Iyengar, adding that now, fewer than 20% of the units CoinTerra sells go to people mining from home.

The downturn in sales to retail miners happened over the last five months, as the price dropped.

The cost of energy

There are various factors affecting the profitability of bitcoin mining. Hardware cost is one, while the price of bitcoins is another. The cost of electricity is also significant.

Iyengar said:

"At this point in time, home hobbyist mining doesn’t seem attractive because people aren’t getting the kind of electricity prices that big miners in low-cost locations are getting."

The average US retail electricity cost was 10 cents per kilowatt hour (kWh) in 2013, according tothe US Chamber of Commerce Insitute for 21st Century Energy. At the current difficulty and bitcoin price, that means it would take around a year to break even using one of the used 1.6 TH/sec TerraMiner boxes that the firm is selling for $849 from its own mining data centres.

In Massachusetts, where the cost goes up to 14.5 cents/kWh, the break-even theoretically fails altogether. The exact figures will change over time, but the rise in costs is significant because units with high power consumption amplify even slight increases in electricity pricing.

What about a more state-of-the-art machine? KnCMiner's Neptune (currently out of stock) offers 3.5 TH/sec at just under 2 kW, for a hardware investment of $5,995. That seems to work out worse than the TerraMiner, at a 1.5 year ROI.

There are more efficient units coming onto the market, of course, but Adam McKenna, founder of mining pool Multipool, explained that home hobbyist miners are almost always behind the curve, putting cash down for a unit that won't ship for months, in a market where every day matters.

McKenna said:

"By the time the home user's unit is delivered, difficulty might have increased by 20-30% or more".

We ran numbers above on used TerraMiner ASICs, but CoinTerra is promoting a 16nm AIREdevice that is far more cost effective, providing 4.5 TH/sec at 1.35 kW. That won't ship until Q1 next year, though, and the difficulty will have risen already by the time that anyone gets to mine with it.

Benefits for the big boys

Institutional miners have it easier, because they have access to far cheaper electricity.

"The electricity bills at home are much more expensive than you’d pay in a data centre," said Emmanuel Abiodun, president and chief commercial officer at PeerNova. PeerNova sells its own mining racks and also owns CloudHashing, which provides mining contracts to individuals.

The average cost of electricity for US industrial users was around 7 cents per KWh this year,according to 451 Research. And data centers can position themselves in areas where electricity is far cheaper, such as in the Pacific Northwest, with access to hydroelectric and other cost-reducing energy technologies.

Data centres also have an advantage when it comes to securing mining equipment, explained Multipool's McKenna:

"The main barrier to home miners is delivery date, since large buyers like cloud mining operations can typically negotiate to get their orders delivered sooner than someone buying one or two units."

The use of some mining equipment can also be problematic. Modern ASIC miners sometimes require more power than can be drawn from a typical 15-amp home circuit, making them difficult to host in a home environment. This is a problem that data centres don't have.

“"It's not generally possible to mine most SHA-256 altcoins 24/7 and make more than you would mining bitcoin."”

Data centres also have a capital advantage, not only because they can write down the cost of their equipment more easily, but because some of them can make their own equipment. One such business is CloudHashing.

Abiodun, who founded CloudHashing, has his own painful history here, having been let down by a major miner manufacturer when first starting out. After some negotiations with other ASIC vendors, CloudHashing ended up making its own chips.

Changes in bitcoin's price

With bitcoin prices so low at the moment, it's no wonder payback rates are so low. But if prices jumped to $1,000 again at today's difficulty, then things might improve. Our hypothetical TerraMiner might get our investment back in around seven weeks.

So, should home hobbyist miners continue to mine in the hope that prices will improve?

"If you’re a small home miner and if you’re counting on the fact that bitcoin will go up, then you’ll be better off buying coins," said Iyengar.

If you're mining a coin because you're convinced that the price will rise, then spending $324 on a bitcoin today means that you're buying in at a fixed price and difficulty, and waiting for the market to work for you. But, if you use that money to mine, then you'll be paying for your bitcoin over time, battling rising difficulty in the interim.

What about altcoins?

The other option is to buy bitcoin-mining contracts from the very players who are selling the mining equipment in the first place, although then, you're buying hashrate at a slight premium. Could hobbyist miners switch to altcoins instead, for a better return?

Multipool offers many different cryptocurrency options, but McKenna offers a word of warning:

"Low prices and very low difficulty on most SHA-256 alt chains, combined with profit-switching pools like Multipool, tend to keep altcoin profitability at or below bitcoin's. So it's not generally possible to mine most SHA-256 alts 24/7 and make more than you would mining bitcoin, unless you are speculating that the price of a particular altcoin will rise substantially in the future."

What this seems to mean is that home hobbyist miners are doing it for love rather than financial gain at this point, at least until prices rise significantly, at which point they could turn on their ASIC boxes and have another stab at it.

Technology hobbyists often do things for love in many fields beyond bitcoin, though. This is what makes them so awesome. Just as long as they understand the economics and aren't being caught out.

Disclaimer: The views expressed in this article are those of the author and interviewees and do not necessarily represent the views of, and should not be attributed to, CoinDesk. Additionally, the article should not be considered investment advice.

BLM5 Contract Closed

BLM5 Contract Closed
The last three contracts been sold, will only be available after end of the contract, or addition of power equipment.
Kind regards.

Microsoft Now Accepts Bitcoin Payments for Your Xbox and Windows Purchases

Using Bitcoins as payment for purchasing apps, games, and other digital content is now accepted by Microsoft. Users can now add Bitcoins to their Microsoft account.

The announcement of Microsoft came as a result of the company's collaboration with BitPay, the largest global bitcoin payment service provider based in Atlanta, Georgia. The company now accepts bitcoins for purchasing games and other digital content on its Windows Phone, Windows, Xbox Games, Xbox Video and Xbox Music stores.

Microsoft and BitPay are yet to make a formal announcement on the details of the partnership. However, Microsoft gave out instructions on its 'billing help' pages for users who want to know how they can add money to their Microsoft account using bitcoin.

Microsoft reiterated that users can only add $100 at a time when using Biticoins. They are also advised to review their transaction before paying since the added money can no longer be refunded.

Initially, the bitcoin support is available to U.S. customers.

"Support for adding money to a Microsoft account with bitcoin is currently limited to the United States," saidMicrosoft.

Microsoft also reminds users that the added bitcoin money to their Microsoft account can only be used to purchase digital goods at certain Microsoft online stores. Purchasing Microsoft products and services directly using bitcoin is not available just yet.

Since it is still on an introductory phase, the bitcoin integration into Microsoft's ecosystem is only partial. Once the service proves to be a beneficial payment alternative, it would surely earn for itself a broader integration.

With the announcement, Microsoft becomes the latest tech player to have jumped into the bitcoin bandwagon. It joins the ranks of Dell, which now accepts bitcoin for most of its products and services, and PayPal which closed a deal with Coinbase in order to help online stores to start accepting bitcoins.

Microsoft's partnership with BitPay is part of the company's slow but sure scheme of embracing the bitcoin technology. In February, the company launched an update to its Bing search engine, allowing users to generate price conversions with bitcoin. During that same period, co-founder and currently the technology advisor Bill Gates said in the 'Ask Me Anything' of Reddit that he was keen on digital payments technology in general. Gates owns the nonprofit organization 'Bill & Melinda Gates Foundation.

In an appearance on the "Street Smart" segment of Bloomberg, Gates also voiced out his support for the idea of digital money. He said that while bitcoin seemed an exciting solution, it is also problematic due to ongoing financial pain points.

Microsoft Hops on Bitcoin Wagon With Bitpay Partnership

Microsoft now supports bitcoin and is rumored to be preparing to expand its acceptance of the digital currency beyond the U.S. border. A one-off mention of its cloud hints that Microsoft's Azure cloud servers could host large-scale mining operations to stabilize bitcoin.

Microsoft is now accepting bitcoin, revealing its support of the digital currency while also subtly slipping its cloud ambitions into an announcement.

Redmond says it expects the growth of digital currencies to continue to grow. Microsoft's acceptance of bitcoin helps position the software giant at the front of the currency trend, according to Eric Lockard, corporate vice president of Microsoft's Universal Store.

"For us, this is about giving people options and helping them do more on their devices and in the cloud," says Lockard. "The use of digital currencies such as bitcoin, while not yet mainstream, is growing beyond the early enthusiasts."

Hoarders of Bitcoin can convert digital funds into local currency using Microsoft's currency exchange. Microsoft will base the exchanges on current market values, the company stated in a blog post.

Individuals wishing to pay for Microsoft products using bitcoin will have to convert the digital currency and apply it to a Microsoft account. To start a bitcoin conversion, individuals will have specify the amount of money they'd like to add to their Microsoft accounts.

BitPay, which has won the support of approximately 50,000 business, will calcuate  how many bitcoin an individual must tender in order to match the amount they're looking to transfer to Microsoft accounts. The individual's bitcoin address and payment details are then transferred and funds are paid out of BitPay accounts.

Right now, bitcoin exchanges are capped at $1,000 per day or the equivalent. For those with more than one Microsoft account, the cap allows up to $5,000 to be exchanged over the accounts.

Microsoft has a bigger plan at work with digital currency but says it isn't ready to talk about the big picture just yet.

Microsoft only supports bitcoin exchanges in the U.S., though its statements on the conversions of based on regional currency hints the tech firm is already looking outside abroad. Sonny Singh, Bitpay's chief commercial officer, says Microsoft wants to expand its acceptance of bitcoin around the world.

"Microsoft has a long-term vision for bitcoin, BitPay and the blockchain," says Singh. "Starting with digital goods in the US is the logical first step, however, they want to expand to Europe and globally and add support for other products as part of that rollout."

History of Bitcoin: Tenacious Cryptocurrency Navigates Big Hurdles to Reach Respectability

Created by a mysterious entity and anchored by mathematics, the cryptocurrency bitcoin has started to even out after a volatile past and widespread mistrust by the mainstream.

Microsoft has recently embraced bitcoin and data centers the world over are beginning to offer their computing power to keep the digital currency stable. While tech and financial heavyweights have started to gamble on the cryptocurrency, bitcoin started out as a radical idea that broke away from a currency backed with gold and other precious resources.

The digital currency is based on an algothrithm that uses crypotography for security, making it hard to counterfeit. Transactions are anonymous and transfers of the currency use public and private keys for security. A major drawback of cryptocurrencies is that because they are virtual and do not have a central repository, a user's digital balance can be wiped out if a back-up copy of the holdings does not exist. The price of a bitcoin or other digital currency is based on supply and demand, so their value can fluctuate widely. Currently, one bitcoin is valued at about $381 U.S. dollars.

No one has been able to definitively prove if he is a she or a they, but Satoshi Nakamoto is credited with conceiving bitcoin. Nakamoto's work in creating bitcoin's model is believed to have begun in 2007, then was followed by the 2008 publication of a paper titled "Bitcoin P2P e-cash paper."

Nakamoto fell off the radar in 2011, never offering much if any detail about himself before he disappeared. While economists are still trying to figure out who he or she is, the bitcoin innovator had collaborated with several engineers to bring the cryptocurrency concept into fruition.

In August 2008, three individuals filed a patent for the encryption algorithm bitcoin would use. None of them would admit to being Nakamoto.

Roughly a year later, bitcoin's first block was mined on Jan. 3, 2009, and the first version of the cryptocurrency's protocol was released roughly a week later. About 10 months into bitcoin's release, the New Liberty Standard published an exchange rate for the digital currency and it made a huge step in earning legitimacy and created its own exchange a few months later.

From there, bitcoin's popularity began to permeate the dark web. But with the digital currency's value spiking exponentially in a few days and its vulnerabilities exploited, the mainstream was still cautious and hesitant to get behind bitcoin.

The next few years were marked by periods of stability, rocked by bitcoin thefts and bursting bubbles. But as more merchants and financial institutions got on board, bitcoin's reach continued to expand and Bitcoin Central, the main exchange in France, even was licensed as a bank. In June, California legalized bitcoin and other digital currencies, and Microsoft, Dell and other large companies accept it in trade.

By March 2013, bitcoin's market capitalization reached $1 billion. Bitcoin is still growing and maturing, but Leon Li, CEO of Chinese trading hub Huobi, sees the cryptocurrency as approaching a fork in the road.

"[It] will either become a lower-cost channel of value transfer within the existing centralized financial system, or it will evolve into an entirely new financial system altogether, one that is lower-cost, more efficient, decentralized, and operates in parallel with the traditional system," says Li.

It remains for sale three contracts BLM5

It remains for sale three contracts BLM5
The contract will be closed for sale, until the capacity expansion and connection of the new equipment.
Reducing the cost of a contract to BLM3(HOSTED)

Available new contract and increasing capacity

Available new contract and increasing capacity

Automatic course

Hello friends, for the convenience of Bitcoin payment on our website is connected automatic course, now you always know how much you need to pay for the contract.
Kind regards.

We sold five new contract

We sold five new contract
BLM3(HOSTED)75 Mh/s12 monthCost 2000 USD (DP $36.00)
Do not miss your chance to buy profitable contracts, and do not forget we're different: You do not need to buy and sell BTC, we will do it for you, you can only buy our power in your preferred currency, you do not need to download and install the program and do a lot of settings (you are insured for 100% of the exchange rate fluctuations, you are always at a profit)

You do not need to buy and sell BTC

You do not need to buy and sell BTC, we will do it for you, you can only buy our power in your preferred currency, you do not need to download and install the program and do a lot of settings (you are insured for 100% of the exchange rate fluctuations, you are always at a profit)
Sincerely, your team BLM
https://bitcoinlabmining.com/

In January there will be a few more devices are connected, each with capacity:

In January there will be a few more devices are connected, each with capacity:
• One system board with (15) 20nm ASICs
• Performance: 6000 GH/s at nominal clock speed. (That’s 6.0 TH/s in one mining unit.)
• At the wall, this unit consumes 1600 watt / 0.26 watt per gigahash +/- 5%
• Chassis: 2-U Rack
• Powerful air cooling systems
• High performance power supply

Connect new capacity will be available soon are new contracts

Connect new capacity will be available soon are new contracts
two devices:
• Five system boards with one 28nm ASICs on each
• Performance: 4500 GH/s at nominal clock speed. (That’s 4.5 TH/s in one mining unit.)
• At the wall, this unit consumes 2800 watt / 0.65 watt per gigahash +/- 5%
• Chassis: Corsair Air 540
• Five powerful water cooling systems ( up to 140 CFM each)

Cloud Mining

Cloud hosted mining services is the next step in cryptocurrency mining – purchasing contracts for different timeframes and hashrate.

Premium Mining equipment

Premium Mining equipment
We use high performance cooling systems and power supplies. We use best minds to engineer our hardware and best workers to assemble.
Carefully engineered ASICs and combined components result in energy consumption and hashrate efficiency.

Connect new protocols and script

Connect new protocols and script
Mining hardware with ASICs based on SHA-256 protocol. These machines will allow you to mine Bitcoin, NameCoin, DevCoin and others

https://blockchain.info/

Register a purse BTC in 15 seconds

https://blockchain.info/

New capacity available to buy

New capacity available to buy

Guide to the site https://bitcoinlabmining.com/Getting.php

Guide to the site
https://bitcoinlabmining.com/Getting.php
STEP 1

Getting an account in BitcoinLabMining.

Press "Register" button to get an account. Fill in the form and press "Submit" button.

STEP 2

Buy contract.

Login to your account using your username and password.

STEP 3

To make an investment go to "Contract" section. Select an Contract and specify desired the amount of the contract value. Select a payment method.

STEP 4

Press "Buy Contracts" button. You will be redirected to the payment gateway of the payment processor you chose at the Step 3. Check entered data and confirm payment by pressing "Pay" button. Press "Get back to the merchant's website".
Wait until the profits are accrued to your account balance.

STEP 5

Withdrawing profits.

When your profits get delivered to your account balance you can withdraw them to your e-wallet.
Login to your account. Go to "Withdraw" section. Specify the amount you want to withdraw. Select a desired payment method. Press "Withdraw" button.
Wait until the funds are transferred to your e-wallet balance.

https://bitcoinlabmining.com/

What is Bitcoin

http://youtu.be/GLtG6U6K1FU

VISA/MC, CIRRUS/MAESTRO, WIRE TRANSFERS, SEPA

Now you can buy contracts using VISA/MC, CIRRUS/MAESTRO, WIRE TRANSFERS, SEPA using the payment system https://payeer.com/en/

Just two days has sold more than 120 contract

Hello friends, just two days has sold more than 120 contracts, thank you for your confidence in us.

50 contracts - BLM1(Demo)5 Mh/s
32 contracts - BLM210 Mh/s
28 contracts - BLM325 Mh/s
7 contracts - BLM450 Mh/s
4 contracts - BLM2(HOSTED)65 Mh/s

With us, your dreams come true.

Terms of Use & End User License Agreement

In using this website you are deemed to have read and agreed to the following terms and conditions:

The following terminology applies to these Terms and Conditions, Privacy Statement and Software License Agreement and any or all Agreements: "Client", “You” and “Your” refers to you, the person accessing this website and accepting BitcoinLabMining terms and conditions. "Our company", “Ourselves”, “We” and "Us", refers to BitcoinLabMining. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves, or either the Client or ourselves. All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner, whether by formal meetings of a fixed duration, or any other means, for the express purpose of meeting the Client’s needs in respect of provision of BitcoinLabMining stated services/products, in accordance with and subject to, prevailing law. Any use of the above terminology or other words in the singular, plural, capitalisation and/or he/she or they, are taken as interchangeable and therefore as referring to same.

Definitions

a. Cryptocurrency: refers to the peer-to-peer digital currencies including but not limited to Bitcoin, Litecoin, and Dogecoin

b. Platform: refers to the BitcoinLabMining trade engine used to purchase mining contracts

c. Account: refers to the user created account on the BitcoinLabMining platform

d. Mining: refers to the practice of using computational power to solve transaction-related algorithms on cryptocurrency networks.

e. Difficulty: refers to the metric used by cryptocurrency miners to gauge the competitiveness of mining

f. User: refers to who made a purchase on the BitcoinLabMining platform

g. Contract: refers to a certain amount of computational power reserved for the use of cryptocurrency mining

h. Pool: refers to the syndicated computational power of multiple users

i. Miners: refers to the users contributing their computational power to the BitcoinLabMining mining pool

Privacy Statement

1. We are committed to protecting your privacy. Authorized employees within the company on a need to know basis only use any information collected from individual customers. We constantly review our systems and data to ensure the best possible service to our customers.

Scope Of Services

2. BitcoinLabMining acts as an intermediary service which provides customers with mining contracts. BitcoinLabMining makes no representation, warranty, or guarantee that users will profit from our software or mining contracts. The period of time for which a user receives access to the computational power will be dependent upon the conditions of his or her order.

3. Additionally, BitcoinLabMining offers proprietary software which miners may use to contribute to the CoIntellect pool. BitcoinLabMining rewards miners with a payout proportionate to their contributions. BitcoinLabMining makes no representation, warranty, or guarantee that miners will profit from contributing to our pool.

Risk Warning

4. The trading of digital currencies like Bitcoin and Litecoin carries inherent risks. Because Bitcoin and other digital currencies are unregulated, their value is not insured by traditional legal entities. The inherent value of a mining contract is subject to change depending on a number of factors outside of BitcoinLabMining control including but not limited to: rising network difficulty, price of Bitcoin, and technical obsolescence. Due to the volatile nature of said digital currencies, users of our service understand that the value of their mining contracts may become worthless any given moment. BitcoinLabMining is not a custodian or online wallet service. Users are solely responsible for managing their digital currency assets. Any losses caused by third parties are to be handled by the user.

Limitation of Liability

5. IN NO EVENT SHALL BitcoinLabMining, ITS OFFICERS, DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE TO YOU OR ANY OTHER PERSON OR ENTITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES WHATSOEVER, INCLUDING ANY THAT MAY RESULT FROM (I) THE ACCURACY, COMPLETENESS, OR CONTENT OF THIS SITE, (II) THE ACCURACY, COMPLETENESS, OR CONTENT OF ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (III) THE SERVICES FOUND AT THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IV) PERSONAL INJURY OR PROPERTY DAMAGE OF ANY NATURE WHATSOEVER, (V) THIRD-PARTY CONDUCT OF ANY NATURE WHATSOEVER, (VI) ANY UNAUTHORIZED ACCESS TO OR USE OF OUR SERVERS AND/OR ANY AND ALL CONTENT, PERSONAL INFORMATION, FINANCIAL INFORMATION OR OTHER INFORMATION AND DATA STORED THEREIN, (VII) ANY INTERRUPTION OR CESSATION OF SERVICES TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (VIII) ANY VIRUSES, WORMS, BUGS, TROJAN HORSES, OR THE LIKE, WHICH MAY BE TRANSMITTED TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IX) ANY USER CONTENT OR CONTENT THAT IS DEFAMATORY, HARASSING, ABUSIVE, HARMFUL TO MINORS OR ANY PROTECTED CLASS, PORNOGRAPHIC, "X-RATED", OBSCENE OR OTHERWISE OBJECTIONABLE, AND/OR (X) ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF YOUR USE OF THIS SITE OR THE SERVICES FOUND AT THIS SITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL OR EQUITABLE THEORY, AND WHETHER OR NOT CoIntellect IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Payment

6. Terms of payment are within BitcoinLabMining sole discretion and unless otherwise agreed to by BitcoinLabMining, payment must be received by BitcoinLabMining prior to BitcoinLabMining acceptance of an order. Payment for Product will be made in United States dollars (USD) or Euro (EUR) by wire transfer, or other prearranged payment methods including Bitcoin, Litecoin or any other cryptocurrency selected by BitcoinLabMining. Invoices are due and payable within the time period noted on your invoice, measured from the date of the invoice. BitcoinLabMining may invoice parts of an order separately. Your order is subject to cancellation by BitcoinLabMining, in BitcoinLabMining sole discretion. BitcoinLabMining is not responsible for pricing, typographical or other errors in any offer by BitcoinLabMining and reserves the right to cancel any orders arising from such errors.

Refund Policy

7. All sales are final and non-refundable except as expressly provided in this agreement. No cancellation or rescheduling of orders by buyer will be accepted.

Log Files

8. We use IP addresses to analyse trends, administer the site, track user’s movement, and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information. Additionally, for systems administration, detecting usage patterns and troubleshooting purposes, our web servers automatically log standard access information including browser type, access times/open mail, URL requested, and referral URL. This information is not shared with third parties and is used only within BitcoinLabMining on a need-to-know basis. Any individually identifiable information related to this data will never be used in any way different to that stated above without your explicit permission.

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9. Like most interactive web sites, BitcoinLabMining uses cookies to enable us to retrieve user details for each visit. Cookies are used in some areas of our site to enable the functionality of this area and ease of use for those people visiting. Some of our affiliate partners may also use cookies.

Links from this website

10. We do not monitor or review the content of other party’s websites which are linked to from this website. Opinions expressed or material appearing on such websites are not necessarily shared or endorsed by us and should not be regarded as the publisher of such opinions or material. Please be aware that we are not responsible for the privacy practices, or content, of these sites. We encourage our users to be aware when they leave our site & to read the privacy statements of these sites. You should evaluate the security and trustworthiness of any other site connected to this site or accessed through this site yourself, before disclosing any personal information to them. This Company will not accept any responsibility for any loss or damage in whatever manner, howsoever caused, resulting from your disclosure to third parties of personal information.

Copyright Notice

11. Copyright and other relevant intellectual property rights exists on all text relating to BitcoinLabMining services and the full content of this website.

Force Majeure

12. Neither party shall be liable to the other for any failure to perform any obligation under any Agreement which is due to an event beyond the control of such party including but not limited to any Act of God, terrorism, war, Political insurgence, insurrection, riot, civil unrest, act of civil or military authority, uprising, earthquake, flood or any other natural or man made eventuality outside of our control, which causes the termination of an agreement or contract entered into, nor which could have been reasonably foreseen. Any Party affected by such event shall forthwith inform the other Party of the same and shall use all reasonable endeavours to comply with the terms and conditions of any Agreement contained herein.

Waiver

13. Failure of either Party to insist upon strict performance of any provision of this or any Agreement or the failure of either Party to exercise any right or remedy to which it, he or they are entitled hereunder shall not constitute a waiver thereof and shall not cause a diminution of the obligations under this or any Agreement. No waiver of any of the provisions of this or any Agreement shall be effective unless it is expressly stated to be such and signed by both Parties.

General

14. The laws of USA govern these terms and conditions. By accessing this website you consent to these terms and conditions and to the exclusive jurisdiction of the USA courts in all disputes arising out of such access. If any of these terms are deemed invalid or unenforceable for any reason (including, but not limited to the exclusions and limitations set out above), then the invalid or unenforceable provision will be severed from these terms and the remaining terms will continue to apply. Failure of the Company to enforce any of the provisions set out in these Terms and Conditions and any Agreement, or failure to exercise any option to terminate, shall not be construed as waiver of such provisions and shall not affect the validity of these Terms and Conditions or of any Agreement or any part thereof, or the right thereafter to enforce each and every provision. These Terms and Conditions shall not be amended, modified, varied or supplemented except in writing and signed by duly authorised representatives of the Company.

Notification of Changes

15. The Company reserves the right to change these conditions from time to time as it sees fit and your continued use of the site will signify your acceptance of any adjustment to these terms. If there are any changes to our privacy policy, we will announce that these changes have been made on our home page and on other key pages on our site. If there are any changes in how we use our site customers’ Personally Identifiable Information, notification by e-mail or postal mail will be made to those affected by this change. Any changes to our privacy policy will be posted on our web site 30 days prior to these changes taking place. You are therefore advised to re-read this statement on a regular basis

16. These terms and conditions form part of the Agreement between the Client and ourselves. Your accessing of this website and/or undertaking of a booking or Agreement indicates your understanding, agreement to and acceptance, of the Disclaimer Notice and the full Terms and Conditions contained herein.

Software License Agreement

IMPORTANT - READ CAREFULLY: This License Agreement is a legal agreement between you ("Licensee") and BitcoinLabMining for the proprietary software product identified above, which includes computer software and may include associated media, printed materials, and "online" or electronic documentation (hereinafter referred to as "Coin Miner", resp. "SOFTWARE" when referring to the computer software delivered as part of Coin Miner). The Coin Miner software is made available to you only on the terms and conditions of this agreement. By installing, copying, or otherwise using Coin Miner (which ever occurs first), you agree to be bound by the terms of this agreement. If you do not agree with the terms of this agreement, you are not authorized to use Coin Miner. All rights not expressly granted to Licensee in this agreement are specifically reserved to BitcoinLabMining.

Declaration of Purpose

17. BitcoinLabMining proprietary mining software directs the user’s computational power to a mutual pool for the purpose of cryptocurrency mining. Said computational power is drawn from the user’s central processing unit (CPU), graphics processing unit (GPU), or both.

Coin Miner License

18. Coin Miner is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. Coin Miner is licensed, not sold.

Grant of License

19. This agreement grants to you the non-exclusive and non-transferable right to use Coin Miner for the purposes of cryptocurrency mining on BitcoinLabMining network only. Software licenses are granted for a license per computer installation or per each device which is connected to a computer on which Coin Miner is installed, as defined CoIntellect's specifications and/or offer or by separate agreement between the parties. The rights and limitation of this agreement also govern updates/upgrades of Coin Miner. You may make copies of Coin Miner solely for archival purposes in support of your use of Coin Miner. You may not reproduce or distribute Coin Miner in any other way, including rental or leasing.

Description of other Rights and Limitations

20. You may not reverse engineer, decompile, or disassemble Coin Miner, except and only to the extent that such activity is expressly permitted by applicable law notwithstanding this limitation.

21. BitcoinLabMining may provide you with support services related to Coin Miner ("Support Services"). Use of Support Services is governed by BitcoinLabMining policies and programs described in the user manual, in "online" documentation, and/or in other BitcoinLabMining provided materials. Any supplemental software code provided to you as part of the Support Services shall be considered part of the Coin Miner and subject to the terms and conditions of this agreement. With respect to technical and other information you may provide to BitcoinLabMining, BitcoinLabMining may use such information for its business purposes, including for product registration, support and development. BitcoinLabMining will not divulge such information to third parties in a manner that allows personal identification.

22. You may not transfer any of your rights under this agreement. Licensee agrees to communicate the terms and restrictions contained in this agreement to all persons under his or her employment, direction, or control who have access to Coin Miner.

23. Without prejudice to any other rights, BitcoinLabMining may terminate this agreement if you fail to comply with the terms and conditions of this agreement. In such event, you may not use Coin Miner any longer and you must destroy all copies of Coin Miner and all of its component parts.

Copyright

24. All title and copyrights in and to Coin Miner (including but not limited to any images, photographs, animations, video, audio, music, text, and "applets" incorporated into Coin Miner), the accompanying printed materials, and any copies of Coin Miner are owned by BitcoinLabMining. Coin Miner is protected by copyright laws and international treaty provisions. Therefore, you must treat Coin Miner like any other copyright protected material.

Warranties

25. The Coin Miner and any related documentation is provided to you "as is". Licensee is solely responsible for selection of the Coin Miner and components to achieve Licensees intended results or for particular applications and systems.

26. BitcoinLabMining expressly disclaims any further warranty for the Coin Miner including warranty of any kind, whether express or implied, including, without limitation, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The entire risk arising out of use or performance of the Coin Miner remains with you.

27. In no event shall BitcoinLabMining or its suppliers be liable for any damages whatsoever including, without limitation, damages for loss of business profits, business interruption, loss of business information, or any other pecuniary loss arising out of the use of or inability to use Coin Miner, even if CoIntellect has been advised of the possibility of such damages. Because, however, some jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages by compulsory law, the above limitation may not apply to you and/or will be adjusted accordingly.

Miscellaneous

28. This agreement is governed by the laws of USA. Any dispute arising out of or in connection with this agreement shall be subject to the exclusive jurisdiction of the ordinary courts of USA. BitcoinLabMining makes no representation, warranty, or guarantee that users will profit from the aforementioned software or services.