Terms and Conditions
General Terms of Service ("GTS") relating to the services provided on the website http://arsmines.com ("Website").
The following terminology applies to these Terms and Conditions, Privacy Statement and any or all Agreements: "Miner", “You” and “Your” refers to you, the person accessing this website and accepting the pool’s terms and conditions. "The Pool", "Pool", “Ourselves”, “We” and "Us", refers to the mining pool service. Any use of the above terminology or other words in the singular, plural, capitalisation and/or he/she or they, are taken as interchangeable and therefore as referring to same.
By accessing and using the Services, you confirm that you have read these GTS and accept and agree to be bound by its provisions. Any factual participation in the Services will constitute such acceptance. If you do not agree to abide by these GTS, you are not allowed to use the Services.
By using the pool you accept all possible risks related to experimental software usage.
Pool owner can't compensate any irreversible losses but will do his best to prevent worst case.
In order to use the Services as defined below and operated via the Website, you must be at least twenty-one (21) years old. By using the Services, you confirm to have reached the age of twenty-one (21).
Disclaimer - Exclusions and Limitations
The information on this website is provided on an "as is" basis. To the fullest extent permitted by law, this Pool: excludes all representations and warranties relating to this website and its contents or which is or may be provided by any affiliates or any other third party, including in relation to any inaccuracies or omissions in this website and/or the Pool’s literature; and excludes all liability for damages arising out of or in connection with your use of this website. This includes, without limitation, direct loss, loss of business or profits (whether or not the loss of such profits was foreseeable, arose in the normal course of things or you have advised the Pool of the possibility of such potential loss), damage caused to your computer, computer software, systems and programs and the data thereon or any other direct or indirect, consequential and incidental damages.
The Pool is not an e-wallet or a bank for your coins. The Pool and its operators are not responsible for any loss of coins which are stored on the Pool. It is your responsibility to configure your account so that the coins you mine are regularly transferred to your own secured offline wallet.
The uptime of the pool or website is not guaranteed, maintenance and downtime may be required at times. Users are responsible for configuring their miners so that they will automatically reconnect, switch to all the pools we offer or a backup pool in the case of downtime.
As mining is an intensive task for the hardware of your computer (CPU, GPU), the process can cause high costs for electricity. The Pool is not responsible for any such charges.
Depending on the selected coin and pool type, available payout schemes is PPLNS or SOLO. PPLNS pool fee is 1%, SOLO pool fee is 1%. The pool fee deducted from the payout amount before the payment to the miners done.
The PPLNS "Pay Per Last N Shares" reward system is used to prevent "pool hopping". Pool checks how many shares you've sent from the last N (number) of pool shares and makes the payouts based on that value. Mining pools get solutions from all the connected miners, and if one of those numerous solutions appears to be a proper one, the pool gets a reward for the created block. This reward is shared proportionally to the efforts applied by the miners and forwarded to their wallets.
The SOLO reward system is a type of cryptocurrency mining while using your own (or leased) hardware but without any help from other miners. If a miner finds a block, the full reward goes to his wallet.
Any rewards accumulated by a given cryptocurrency address may only be paid to that particular address. Wallet balances could not be merged.
We use IP addresses and cryptocurrency wallet addresses to analyze trends, administer the site, track user actions, and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information. Additionally, for systems administration, detecting usage patterns and troubleshooting purposes, our web servers automatically log standard access information including browser type, access times/open mail, URL requested, and referral URL. This information is not shared with third parties and is used only within this Pool on a need-to-know basis. Any individually identifiable information related to this data will never be used in any way different to that stated above without your explicit permission.
In an event or circumstance which is beyond the control of Website, including but not limited to acts of Gods, riots, wars, floods, fires, explosion, strikes and other similar events, will not be held liable for any delay, failure or disruption to provide already committed mining services.
Accounts showing no significant mining activity for longer than one year (365 days) may be reset at the sole discretion of the Pool Operators. Any remaining balance will be considered as a donation to the Pool.