1. Binding Agreement
Payment (full/partial), purchase order, or written/electronic confirmation constitutes acceptance of these Terms. The invoice becomes a legally binding sales agreement upon payment or confirmation (whichever occurs first).
2. No Cancellation
All sales are final. Cancellations are not permitted under any circumstances, including changes in:
- Cryptocurrency market conditions
- Mining profitability
- BTC/altcoin prices
- Network difficulty
The customer cannot refuse delivery of compliant goods or request price reductions after confirmation.
3. Market Volatility Acknowledgment
Customer understands ASIC pricing is influenced by BTC spot price, network hashrate, and mining difficulty. Prices may fluctuate rapidly, and the invoice reflects fair market value at the time of sale. Seller may reserve inventory and decline other sales based on confirmed orders.
4. Deposit & Payment
A
non-refundable deposit (%) is required to reserve units and is forfeited if the transaction is not completed. Full payment must be completed within the specified timeline. Failure may result in order cancellation, deposit forfeiture, or re-listing at current market price without notice.
5. Price Lock Limitation
Price is locked only during the defined payment window. If payment is delayed, the seller is not obligated to honor original pricing and may issue a revised invoice at current market rates. Deposits may be adjusted at the seller’s discretion and remain non-refundable if revised pricing is rejected.
6. Cancellation & Restocking Fee
Cancellation is allowed only at the seller’s discretion. If approved, a
cancellation/restocking fee (%) applies covering market risk, opportunity costs, and administrative expenses. Cancellation is valid only if confirmed in writing by the seller.
7. Force Majeure
Seller is not liable for delays or non-fulfillment caused by events beyond control, including:
- Supply chain disruptions
- Shipping or carrier failures
- Customs delays
- Government regulations
- Natural disasters or unforeseen events
Such situations do not entitle the customer to cancellation or refund.
8. Dispute Resolution
Disputes must first go through good-faith negotiation within 10 business days. If unresolved, the matter proceeds to binding arbitration. The prevailing party may recover legal fees and associated costs. Customer waives the right to participate in class actions.
9. Governing Law
These terms are governed by the laws of the specified State, regardless of conflict of law rules.
10. Independent Assessment
Customer confirms independent evaluation of the purchase and acknowledges no reliance solely on seller projections. Seller does not guarantee future profitability or hardware value. Verbal statements do not override these Terms.
