Terms and Conditions
NushyPool Terms and Conditions
Welcome to NushyPool (hereafter referred to as "the Pool"). By accessing or using our services, you agree to comply with and be bound by the following Terms and Conditions. If you do not agree with these Terms and Conditions, you should not use our services.
2. Definitions
- Pool: The collective computing power of multiple miners that is used to mine cryptocurrency.
- User: Any individual or entity that participates in the Pool.
- Mining Rewards: The cryptocurrency earned from successfully mining blocks.
- Fees: The charges applied by the Pool for providing mining services.
3. Eligibility
You must be at least 18 years old and have the legal capacity to enter into agreements in your jurisdiction to use the Pool. By using the Pool, you represent and warrant that you meet these requirements.
4. Account Registration
Account registration is only required for Partners. To participate in the Pool as a Partner, you must create an account and provide accurate, and current information. You are responsible for maintaining the confidentiality of your account and password and for all activities that occur under your account.
5. Mining Pool Participation
5.1 Joining the Pool
To join the Pool, you must configure your mining hardware or software to connect to our servers using the credentials provided upon account registration.
5.2 Contribution
You agree to contribute your computing power to the Pool and understand that the efficiency and success of the mining operations depend on the collective effort of all participants.
5.3 Rewards Distribution
Mining Rewards are distributed among the participants based on their contribution to the Pool's total hash rate. The distribution formula and schedule are detailed in the Pool's reward policy, which is subject to change.
6. Fees
The Pool charges a 0.9% fee on all Mining Rewards. Fees are automatically deducted before rewards are distributed to the participants. The current fee structure is available on our website and is subject to change. In addition, if you mine with a bonus code, you receives part of the Pool comission. In addition the Partners receives referral rewards, from the Pool comission.
7. Withdrawals
7.1 Minimum Threshold
Users can withdraw their earnings once they reach a minimum threshold as specified on our website.
7.2 Processing Time
Withdrawals are processed every 10 minutes. Delays may occur due to network congestion or other unforeseen circumstances.
8. User Responsibilities
- Compliance: You must comply with all applicable laws and regulations related to cryptocurrency mining.
- Security: You are responsible for securing your account, mining hardware, and software against unauthorized access and attacks.
- Honesty: You must not engage in dishonest or fraudulent activities, including but not limited to double-spending, manipulation of hash rates, or submitting false information.
9. Limitation of Liability
To the maximum extent permitted by law, the Pool and its operators shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the Pool.
10. Termination
The Pool reserves the right to suspend or terminate your account and access to our services at any time, with or without cause, and with or without notice.
11. Changes to the Terms and Conditions
We reserve the right to modify these Terms and Conditions at any time. Any changes will be posted on our website, and your continued use of the Pool constitutes acceptance of the revised Terms and Conditions.
12. Governing Law
These Terms and Conditions are governed by and construed in accordance with the laws of Republic of Bulgaria and European Union. Any disputes arising out of or related to these Terms and Conditions shall be resolved in the courts of Republic of Bulgaria and European Union.
13. Contact Information
If you have any questions or concerns about these Terms and Conditions, please contact us using the Pool support center.