🪙 Mining & Staking Terms & Conditions
Effective Date: 1st July 2025
Company: BitLocker Ltd
Website: https://bitlocker.live
1. Scope
These Mining & Staking Terms & Conditions (“Terms”) apply when you (“User”) purchase or participate in:
Mining Plans (leased hash power to earn daily crypto rewards)
Staking Services (locking tokens to earn network rewards)
These Terms supplement our main Terms of Use. In case of conflict, these specific terms govern your Mining & Staking activities.
2. Mining Plans
2.1 Purchase & Activation
By purchasing a mining plan, you agree to pay the upfront cost as displayed.
Your plan activates once payment is confirmed and the contract duration begins.
2.2 Lock-in Period
Each plan has a fixed duration (e.g. 90, 180, 360 days).
During this period, your capital is locked and cannot be withdrawn or cancelled.
2.3 Rewards
You will receive daily crypto rewards calculated based on hashrate, network difficulty, market conditions, and fees.
Rewards are variable and not guaranteed. They may fluctuate or cease based on market events or network changes.
3. Staking Services
3.1 Process
By participating in staking, you authorize BitLocker to lock your tokens for the stated period.
Staked assets may be delegated to validators or pooled.
3.2 Earnings
Staking rewards depend on blockchain protocols and network performance.
Rewards are not guaranteed and may change without notice.
3.3 Unstaking
Unstaking may require a cooldown period imposed by the blockchain protocol (e.g. 7-28 days).
BitLocker is not responsible for delays caused by the underlying blockchain.
4. Risks & No Guarantee
Cryptocurrencies and mining/staking activities are inherently high risk.
You may lose all or a substantial portion of your capital due to price volatility, mining difficulty adjustments, protocol failures, hacks, regulatory changes, or force majeure events.
Any ROI, APR, or earning projections on our platform are examples only, provided for illustration, and do not constitute promises or guarantees.
5. Fees & Deductions
BitLocker reserves the right to deduct maintenance, pool, validator, or management fees from your rewards.
Current fee rates are published on our website or user dashboard and may be adjusted as needed.
6. Force Majeure & Downtime
Mining or staking may be disrupted by circumstances beyond our control including but not limited to network attacks, power outages, hardware failures, changes in blockchain protocols, or legal/regulatory orders.
In such cases, BitLocker will attempt to mitigate losses but is not liable for any interruption or reduction of rewards.
7. Tax Responsibility
You are solely responsible for determining any tax obligations in your jurisdiction related to mining or staking rewards.
BitLocker does not provide tax advice.
8. Termination
BitLocker reserves the right to suspend or terminate mining/staking services if necessary for security, compliance, or operational reasons.
If terminated by us not due to your breach, we may return a pro-rated portion of your initial capital at our discretion, less applicable fees.
9. Indemnity & Limitation
You agree to indemnify BitLocker against any claims, losses, or damages arising from your mining/staking activities.
Our liability is limited as set out in our main Terms of Use.
10. Governing Law
These Terms are governed by the laws of England & Wales, and disputes shall be subject to the exclusive jurisdiction of English courts.
11. Acceptance
By purchasing a mining plan or participating in staking, you confirm you have read, understood, and accept these Terms.