Seller terms

1. 1. Who the agreement is with

   Segments Cloud Hash FZ-LLC, licensed by Ras Al Khaimah Economic Zone (RAKEZ), licence no. 47015129, registered at FDBC2525, Compass Building, Al Shohada Road, Al Hamra Industrial Zone-FZ, Ras Al Khaimah, United Arab Emirates, buys hashrate from you. You are a seller once we approve your application and issue your seller ID.

2. 2. Connecting

   You point SHA-256 machines at the stratum address we give you, with workers named after your seller ID. You keep ownership of your machines, your site and your power contract, and you are responsible for running them. You need at least 100 TH/s to start.

3. 3. How delivery is measured

   Delivered hashrate is worked out from the shares our proxy accepts, weighted by their difficulty, for each UTC day (24 hours). Stale shares, shares that do not meet the target and shares sent while your account is paused are not counted. Our proxy's count is the meter for these terms.

4. 4. What you are paid

   For each day, the share of your delivered hashrate that buyers took is paid at that day's network hashprice, worked out from the day's difficulty and Bitcoin price, plus 2% when you delivered at least 95% of your declared speed on average over the day. The share buyers did not take is paid at 97% of the hashprice. The hashprice moves with the network, so what you are paid can fall.

5. 5. Settlement

   Each ended UTC day is settled once, after which it does not change. If a day was recorded wrongly, we correct it with an adjustment on a later day and tell you.

6. 6. Payouts

   Settled balances are paid in USDT every 7 days, once you are owed at least 50 USDT, to the address in your seller dashboard on one of these networks: USDT (TRC-20), USDT (ERC-20). Every payout is approved and sent by two people at Segments. Network fees are paid by Segments. A payout already created keeps the address it was created with.

7. 7. Identity

   We pay out after an identity check. We may ask for documents again, and may hold payouts while a check is open.

8. 8. Fair conduct

   You must not withhold valid blocks, spoof shares, route hashrate you do not control, or send hashrate to us that someone else is also paying you for. We compare each seller's results with what is statistically expected.

9. 9. Pausing and ending

   You can disconnect at any time. We can pause or end your seller account with notice, or without notice if we suspect a breach of these terms. Settled balances are paid as usual unless they relate to a breach.

10. 10. Taxes and statements

    You receive a monthly statement of delivered hashrate and payouts. You are responsible for your own taxes on what you are paid.

11. 11. Liability

    We are not responsible for your machines, your power or your internet connection, or for hashrate lost before it reaches our proxy. Our liability for a payout is limited to the amount settled for it.

12. 12. Changes

    We may change these terms or the rates with at least 7 days' notice by email. Days already settled keep the rate they were settled at.

13. 13. Law

    These terms are governed by the laws of the Emirate of Abu Dhabi and the federal laws of the UAE.

This is a draft awaiting legal review. Until it is final, the written terms we send with your seller ID apply.