Acceptable Use Policy

This acceptable use policy (“Policy”) sets forth the general guidelines and acceptable and prohibited uses of the asicnetwork.io website (“Website” or “Service”) and any of its related products and services (collectively, “Services”). This Policy is a legally binding agreement between you (“User”, “you” or “your”) and ASIC Network Inc (“ASIC Network Inc”, “we”, “us” or “our”). If you are entering into this agreement on behalf of a business or other legal entity, you represent that you have the authority to bind such entity to this agreement, in which case the terms “User”, “you” or “your” shall refer to such entity. If you do not have such authority, or if you do not agree with the terms of this agreement, you must not accept this agreement and may not access and use the Website and Services. By accessing and using the Website and Services, you acknowledge that you have read, understood, and agree to be bound by the terms of this Agreement. You acknowledge that this Agreement is a contract between you and ASIC Network Inc, even though it is electronic and is not physically signed by you, and it governs your use of the Website and Services.

Prohibited activities and uses

You may not use the Website and Services to engage in activity that is illegal under applicable law, that is harmful to others, or that would subject us to liability, including, without limitation, in connection with any of the following, each of which is prohibited under this Policy:

  • Distributing malware or other malicious code.
  • Disclosing sensitive personal information about others.
  • Collecting, or attempting to collect, personal information about third parties without their knowledge or consent.
  • Distributing pornography or adult related content.
  • Promoting or facilitating prostitution or any escort services.
  • Hosting, distributing or linking to child pornography or content that is harmful to minors.
  • Promoting or facilitating gambling, violence, terrorist activities or selling weapons or ammunition.
  • Engaging in the unlawful distribution of controlled substances, drug contraband or prescription medications.
  • Managing payment aggregators or facilitators such as processing payments on behalf of other businesses or charities.
  • Facilitating pyramid schemes or other models intended to seek payments from public actors.
  • Threatening harm to persons or property or otherwise harassing behavior.
  • Manual or automatic credit card or other available payment methods testing using bots or scripts.
  • Misrepresenting or fraudulently representing products or services.
  • Infringing the intellectual property or other proprietary rights of others.
  • Facilitating, aiding, or encouraging any of the above activities through the Website and Services.

System abuse

Any User in violation of the Website and Services security is subject to criminal and civil liability, as well as immediate account termination. Examples include, but are not limited to the following:

  • Use or distribution of tools designed for compromising security of the Website and Services.
  • Intentionally or negligently transmitting files containing a computer virus or corrupted data.
  • Accessing another network without permission, including to probe or scan for vulnerabilities or breach security or authentication measures.
  • Unauthorized scanning or monitoring of data on any network or system without proper authorization of the owner of the system or network.

Service resources

You may not consume excessive amounts of the resources of the Website and Services or use the Website and Services in any way which results in performance issues or which interrupts the Services for other Users. Prohibited activities that contribute to excessive use, include without limitation:

  • Deliberate attempts to overload the Website and Services and broadcast attacks (i.e. denial of service attacks).
  • Engaging in any other activities that degrade the usability and performance of the Website and Services.

No spam policy

You may not use the Website and Services to send spam or bulk unsolicited messages. We maintain a zero tolerance policy for use of the Website and Services in any manner associated with the transmission, distribution or delivery of any bulk e-mail, including unsolicited bulk or unsolicited commercial e-mail, or the sending, assisting, or commissioning the transmission of commercial e-mail that does not comply with the U.S. CAN-SPAM Act of 2003 (“SPAM”).

Your products or services advertised via SPAM (i.e. Spamvertised) may not be used in conjunction with the Website and Services. This provision includes, but is not limited to, SPAM sent via fax, phone, postal mail, email, instant messaging, or newsgroups.

Sending emails through the Website and Services to purchased email lists (“safe lists”) will be treated as SPAM.

Copyrighted content

Copyrighted material must not be published via the Website and Services without the explicit permission of the copyright owner or a person explicitly authorized to give such permission by the copyright owner. Upon receipt of a claim for copyright infringement, or a notice of such violation, we may, at our discretion, run an investigation and, upon confirmation, may remove the infringing material from the Website and Services. We may terminate the Service of Users with repeated copyright infringements. Further procedures may be carried out if necessary. We will assume no liability to any User of the Website and Services for the removal of any such material. If you believe your copyright is being infringed by a person or persons using the Website and Services, please get in touch with us to report copyright infringement.

Security

You take full responsibility for maintaining reasonable security precautions for your account. You are responsible for protecting and updating any login account provided to you for the Website and Services.

Enforcement

We reserve our right to be the sole arbiter in determining the seriousness of each infringement and to immediately take corrective actions, including but not limited to:

  • Suspending or terminating your Service with or without notice upon any violation of this Policy. Any violations may also result in the immediate suspension or termination of your account.
  • Disabling or removing any content which is prohibited by this Policy, including to prevent harm to others or to us or the Website and Services, as determined by us in our sole discretion.
  • Reporting violations to law enforcement as determined by us in our sole discretion.
  • A failure to respond to an email from our abuse team within 2 days, or as otherwise specified in the communication to you, may result in the suspension or termination of your account.

Suspended and terminated User accounts due to violations will not be re-activated.

Nothing contained in this Policy shall be construed to limit our actions or remedies in any way with respect to any of the prohibited activities. We reserve the right to take any and all additional actions we may deem appropriate with respect to such activities, including without limitation taking action to recover the costs and expenses of identifying offenders and removing them from the Website and Services, and levying cancellation charges to cover our costs. In addition, we reserve at all times all rights and remedies available to us with respect to such activities at law or in equity.

Reporting violations

If you have discovered and would like to report a violation of this Policy, please contact us immediately. We will investigate the situation and provide you with full assistance.

Changes and amendments

We reserve the right to modify this Policy or its terms related to the Website and Services at any time at our discretion. When we do, we will revise the updated date at the bottom of this page. We may also provide notice to you in other ways at our discretion, such as through the contact information you have provided.

An updated version of this Policy will be effective immediately upon the posting of the revised Policy unless otherwise specified. Your continued use of the Website and Services after the effective date of the revised Policy (or such other act specified at that time) will constitute your consent to those changes.

Acceptance of this policy

You acknowledge that you have read this Policy and agree to all its terms and conditions. By accessing and using the Website and Services you agree to be bound by this Policy. If you do not agree to abide by the terms of this Policy, you are not authorized to access or use the Website and Services.

Contacting us

If you have any questions, concerns, or complaints regarding this Policy, we encourage you to contact us using the details below:

sales@asicnetwork.io

This document was last updated on August 30, 2021

ASIC NEWSLETTER

Seasoned pro or newbie to mining? You'll enjoy our ASIC Mining newsletter. It's packed with field-tested data and insights.

Frequently Asked Questions


What is SHA256 Hashing Algorithmn?

SHA256 Hashing Algorithm is a cryptographic algorithm used by crypto miners to prove that they have done the work required to solve a block. Miners use their SHA256 computational power (hashing speed) and submit nonce values as an attempt to find a hash value of a given difficulty. The bitcoin network automatically changes its difficulty every 2016 blocks, or roughly every two weeks in order to keep mining time at ten minutes on average.

How Much Does It Cost To Mine One Bitcoin?

The cost of mining bitcoin varies, depending on the price of bitcoin, hardware efficiency, difficulty, and power consumption.

What is "Difficulty" As It Relates To Bitcoin Mining?

"Difficulty" is a bitcoin mining term that relates to how difficult it is for bitcoin miners to find the hash value needed for their nonce. Difficulty values are updated based on total network hashing power and adjusted every 2016 "blocks."

What Is A Bitcoin Mining Pool?

A bitcoin mining pool is a mining group that works together with bitcoin miners to solve the bitcoin network's proof-of-work algorithm.

How Does SHA256 Encryption Work?

SHA256 encryption (Secure Hashing Algorithm) is bitcoin's standard algorithm to encrypt information. SHA256 encryption uses a complex mathematical formula that creates 256-bit hash values for data input as well as bitcoin transactions.

Will Bitcoin Mining Ever Stop?

As long as transactions occur with the bitcoin economy, bitcoin mining will continue.

Why Are Bitcoin Mining Hardware Manufacturers Constantly Developing New ASIC Chip Designs?

Bitcoin's SHA-256 hashing algorithm is considered "brute force" as it relates to bitcoin mining rigs, and it becomes more difficult over time. This creates an arms race where the bitcoin miner with the most powerful single rig will solve blocks at a faster rate than competitors and accumulate bitcoins on this basis. Miners need to keep upgrading their equipment in order for bitcoin mining activity to remain profitable because difficulty levels adjust accordingly based on network hashrate changes every 2016 blocks or roughly every two weeks. This ensures that bitcoin miners have access to computational resources necessary to secure global bitcoin transactions from tampering by other parties when performing verification of payment authorization before committing those funds to a transaction.

Why ASIC Network for Your Bitcoin Mining Farm?

As bitcoin mining has become more competitive, the need for used bitcoin miners is growing. ASIC Network is a reliable source to buy used bitcoin mining machines directly from North America without long lead times. Our service supports users at all levels of experience including novices who are unsure what bitcoin miner they should purchase as well as experts who want direct access to premium preowned equipment that can still be profitable today. You’ll save time choosing your next bitcoin rig with our fair prices and fast delivery – we understand how important it is to keep your farm up and running.

BTC Mining Calculator

Select your miner from the drop down below and the calculator automatically produces a daily and monthly profit output based on the current price of BTC. You may also customize the power usage field and cost per KWh to run various scenarios.


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Payments Accepted

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Earnings, ROI, co-locating/hosting and profit simulations are calculated based on current BTC prices which are elastic, volatile and ever changing. ASIC Network Inc. does not promise or guarantee that earnings, returns on investment, or profits will be similar or equal to the simulated values herein. ASIC Network Inc. does not guarantee the lifespan of equipment or the viability, profitability, or stability of bitcoin.
Disclaimer: Earning and returns are estimated based on Bitcoin's daily price - a value asicnetwork.io dynamically pulls from the blockchain.info website. BTC currently has a difficulty of 20082t. Both price and mining difficulty are subject to change at any given moment. Profit simulations are estimated based on mining at today's earning rate. ASIC Network does not guarantee earnings, return on investme, or profits to be accurate or true as it is subject to daily fluctuations and volatility based on Bitcoin price. Bitcoin mining difficulty and the lifespan of the equipment are also factors to consider.

ASIC Network Inc
1810 E Sahara Ave Suite 421
Las Vegas, NV 89104
(844) BTC-ASIC
sales@asicnetwork.io

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