This Digital Millennium Copyright Act policy (“Policy”) applies to the asicnetwork.io website (“Website” or “Service”) and any of its related products and services (collectively, “Services”) and outlines how ASIC Network Inc (“ASIC Network Inc”, “we”, “us” or “our”) addresses copyright infringement notifications and how you (“you” or “your”) may submit a copyright infringement complaint.
Protection of intellectual property is of utmost importance to us and we ask our users and their authorized agents to do the same. It is our policy to expeditiously respond to clear notifications of alleged copyright infringement that comply with the United States Digital Millennium Copyright Act (“DMCA”) of 1998, the text of which can be found at the U.S. Copyright Office website.
Before submitting a copyright complaint to us, consider whether the use could be considered fair use. Fair use states that brief excerpts of copyrighted material may, under certain circumstances, be quoted verbatim for purposes such as criticism, news reporting, teaching, and research, without the need for permission from or payment to the copyright holder. If you have considered fair use, and you still wish to continue with a copyright complaint, you may want to first reach out to the user in question to see if you can resolve the matter directly with the user.
Please note that under 17 U.S.C. § 512(f), you may be liable for any damages, including costs and attorneys’ fees incurred by us or our users, if you knowingly misrepresent that the material or activity is infringing. If you are unsure whether the material you are reporting is in fact infringing, you may wish to contact an attorney before filing a notification with us.
We may, at our discretion or as required by law, share a copy of your notification or counter-notification with third parties. This may include sharing the information with the account holder engaged in the allegedly infringing activity or for publication. If you are concerned about your information being forwarded, you may wish to use an agent to report infringing material for you.
If you are a copyright owner or an agent thereof, and you believe that any material available on our Services infringes your copyrights, then you may submit a written copyright infringement notification (“Notification”) using the contact details below pursuant to the DMCA by providing us with the following information:
All such Notifications must comply with the DMCA requirements. You may refer to a DMCA takedown notice generator or other similar services to avoid making mistake and ensure compliance of your Notification.
Filing a DMCA complaint is the start of a pre-defined legal process. Your complaint will be reviewed for accuracy, validity, and completeness. If your complaint has satisfied these requirements, our response may include the removal or restriction of access to allegedly infringing material as well as a permanent termination of repeat infringers’ accounts.
If we remove or restrict access to materials or terminate an account in response to a Notification of alleged infringement, we will make a good faith effort to contact the affected user with information concerning the removal or restriction of access, which may include a full copy of your Notification (including your name, address, phone, and email address).
Notwithstanding anything to the contrary contained in any portion of this Policy, ASIC Network Inc reserves the right to take no action upon receipt of a DMCA copyright infringement notification if it fails to comply with all the requirements of the DMCA for such notifications.
The process described in this Policy does not limit our ability to pursue any other remedies we may have to address suspected infringement.
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.
If you would like to notify us of the infringing material or activity, we encourage you to contact us using the details below:
This document was last updated on August 30, 2021
Seasoned pro or newbie to mining? You'll enjoy our ASIC Mining newsletter. It's packed with field-tested data and insights.
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.
The cost of mining bitcoin varies, depending on the price of bitcoin, hardware efficiency, difficulty, and power consumption.
"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."
A bitcoin mining pool is a mining group that works together with bitcoin miners to solve the bitcoin network's proof-of-work algorithm.
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.
As long as transactions occur with the bitcoin economy, bitcoin mining will continue.
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.
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.
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.