Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hashpower provider!
by
mptak123
on 22/11/2017, 15:23:00 UTC
what does open ended bitcoin mining mean


Contract Term: Open-end contract: the contract has no fixed and predetermined end date.

2. Remuneration

As a consideration for the Services the Customer agrees to pay to the Service Provider an amount of:

 a. 0.129943 USD per GH/s one-off upfront payment
 b. USD 0.00028 per GH/s and day deducted on a daily basis from the generated Coins, called the “Maintenance Fee”

if, on any day, Coins generated on that day do not suffice to pay the Maintenance Fee, the Service Provider may use Coins generated on any day thereafter for such payment.
 The provision of section 2b only applies to the extent that the Contract Term is an “open-ended” contract.


4. Term

This Agreement is entered into for the term as described in Services and cannot be terminated early or canceled otherwise. If the Contract Term is an “open-ended contract”, the Service Provider may terminate this Agreement with immediate effect if the Coins generated in the preceding 60 days do not suffice to pay the Maintenance Fee accumulated during such period.