Blockchain Hashpower as a Service Agreement

Service-Based Access to Bitcoin Mining Capacity)

Last Updated: January 22, 2026

Article 1 – Introduction and Scope

This Blockchain Hashpower as a Service Agreement (“Agreement”) applies to all activities whereby the User (the “User” or “you”) accesses and uses standardized Bitcoin mining hashpower as a Service (the “Service”) through StandardHash and/or its affiliated operating entities (the “Platform”).

The Service is provided under a service-based model and does not constitute, nor shall it be construed as, any form of:

– investment contract;

– financial or wealth management product;

– collective investment scheme; or

– securities offering or yield-generating arrangement.

The Platform does not provide investment advice or financial advice and makes no guarantee or commitment regarding any form of income, profit, return, or economic outcome.

By accessing, registering, placing orders, or otherwise using the Service, the User is deemed to have fully understood and agreed to be bound by all terms of this Agreement.

1.1 – Definitions

For the purposes of this Agreement, unless the context otherwise requires, the following terms shall have the meanings set forth below:

Hashpower

“Hashpower” refers to a standardized measure of computing capacity allocated by the Platform for the technical execution of Bitcoin mining-related calculations as part of the Service.

Hashpower represents computing performance parameters only and does not constitute, represent, or imply:

– ownership, leasing, or possession of any mining equipment or hardware;

– an investment, financial product, or income-generating asset; or

– a right to profits, yields, or guaranteed digital asset output.

Hashpower is provided solely as a technical service capacity and is subject to operational conditions, network factors, and external variables beyond the Platform’s control.

Service Order

“Service Order” means a service execution record created by the Platform upon the User’s confirmation of a specific service configuration and completion of the required payment.

A Service Order:

– evidences the activation and execution of a specific hashpower service instance;

– does not constitute a contract for the sale, lease, or transfer of hardware or assets;

– does not represent ownership, proprietary rights, or financial interests; and

– remains subject to this Agreement, Platform rules, and operational limitations.

Mining Output

“Mining Output” means any digital assets (if any) that may be technically generated as a result of hashpower operation under the Service.

Mining Output:

– is not guaranteed and may be zero;

– is subject to network difficulty, block rewards, mining pool performance, power availability, regulatory conditions, and other external factors; and

– does not constitute income, yield, or investment returns.

Non-Custodial

“Non-Custodial” means that the Platform does not hold, control, manage, or have access to the User’s private keys or digital wallets.

Under a Non-Custodial model:

– the User retains sole control and responsibility over their wallets and private keys;

– the Platform does not act as a custodian, trustee, agent, or fiduciary of User assets; and

– the Platform does not initiate, authorize, or control digital asset transfers on behalf of the User.

Platform

“Platform” refers collectively to StandardHash and/or its affiliated operating entities, including associated websites, mobile applications, technical systems, and service infrastructure through which the Service is made available.

Article 2 – Nature of the Service

2.1 Service-Based Access

The Service provides the User with standardized Bitcoin mining hashpower delivered as a service.

By using the Service, the User does not acquire any ownership, equity interest, residual value, or other proprietary or property rights in any mining equipment, machines, facilities, data centers, or infrastructure.

2.2 Non-Investment and Non-Yield Statement

Nothing in this Agreement shall be interpreted as:

– an investment activity or investment contract;

– a financial or yield-bearing product;

– a profit-sharing or income distribution arrangement; or

– a promise, implication, or reasonable expectation of economic returns.

The Service is solely a technical and operational hashpower access service delivered under predefined standardized parameters.

2.3 Mining Output Statement

Any Bitcoin mining output that may be generated through the Service (if any):

– is affected by multiple external factors including network difficulty, block rewards, mining pool performance, power supply, regulatory environment, and market conditions;

– is uncertain and may fluctuate significantly or be zero; and

– is not guaranteed by the Platform.

The Platform makes no express or implied warranty regarding the quantity, frequency, timing, or value of any mining output.

Article 3 – Fees, Payments, and Hashpower Operation Rules

3.1 Service Orders

Upon confirmation of a service configuration, the Platform shall create a Service Order representing an active service execution instance.

A Service Order:

– represents service execution only;

– does not constitute ownership, leasing, or an asset interest; and

– is subject to operational conditions, technical limitations, and network factors.

The Platform shall make reasonable efforts to ensure that all facilities and related equipment providing services remain in good working condition. However, the Platform does not guarantee uninterrupted or continuous online operation.

3.2 Service Fees and Payment

The User shall pay service fees for infrastructure operation, maintenance, energy usage, and service delivery. Service fees consist of two components: Hashpower Service Fees and Operational Service Fees.

3.2.1 Hashpower Service Fees

Hashpower services are activated after the User completes payment of the applicable Hashpower Service Fees, subject to Platform confirmation and operational conditions.

3.3 Operational Service Fees

3.3.1 Calculation Method for Operational Service Fees

The User shall pay operational fees based on the actual online operating time of the hashpower associated with their Service Order.

Operational Service Fees are calculated according to electricity consumption as follows:

Electricity Cost = Power Consumption × Electricity Unit Price

Where:

Hourly power consumption (kWh) = Ordered hashpower × Unit power efficiency (W) ÷ 1000

3.3.2 Settlement Mechanism

Electricity costs may be settled through:

– Prepaid Service Fee Settlement; or

– Automated Service Fee Settlement.

Such settlement mechanisms do not constitute custodial fund management, profit-sharing, or income distribution.

Such automated settlement is performed at the system level and does not rely on, or represent the allocation of, any user-generated mining output.

(1) Prepaid Service Fee Settlement

The User may choose to prepay service-related electricity and operating fees prior to service activation. If the remaining prepaid balance is insufficient to support 24 consecutive hours of operation, the hashpower service will automatically cease.

(2) Automated Service Fee Settlement

Service-related electricity and operational fees may, where applicable, be settled through an automated service-level settlement mechanism. Such mechanism is a technical settlement method only and does not constitute profit-sharing, income distribution, or custodial fund management.

If automated settlement is insufficient to cover applicable operational costs, the relevant hashpower service may be suspended. The User may switch to the prepaid method to resume service operation.

3.4 Price Changes

The Platform reserves the right to adjust hashpower fees and electricity unit prices based on market conditions.

Significant price adjustments due to regulatory or force majeure reasons may result in service suspension or termination without refund of unused service periods.

If any price changes occur, the Platform shall not provide any price difference compensation for orders that have already taken effect. The electricity unit price shall be charged at the adjusted rate.

Service fees:

– are agreed upon prior to service activation;

– are not linked to digital asset prices, market performance, or expected output; and

– do not represent investment consideration.

3.5 Hashpower Suspension and Service Termination

After hashpower operation ceases, the Platform provides a 360-hour (15-day) payment grace period.

If payment is completed within the grace period, hashpower operation resumes automatically.

If payment is not completed after the grace period, the Service Order terminates and shall no longer be active.

3.6 Service Activation Timing and Operational Allocation

Service activation timing and operational allocation are based on the confirmed service activation time recorded by the Platform.

Delivery may be delayed due to holidays, presale arrangements, or special circumstances disclosed on the product page.

3.7 Presale Arrangements

The Platform may offer hashpower presales from time to time.

Only in cases of overselling will unconverted portions be refunded at the original payment amount. Coupons or discounts are non-refundable.

3.8 Equipment Maintenance and Repair

The Platform is responsible for routine equipment maintenance.

Repair and transportation costs beyond manufacturer warranty coverage shall be shared proportionally among relevant hashpower users.

3.9 Payment Terms

3.9.1 Payment Obligations

The User shall complete payment of hashpower service fees, electricity costs, and operational fees in accordance with prices, methods, and timelines displayed on the Platform.

Such fees are service and operational fees and do not constitute investment, income, or financial return arrangements.

3.9.2 Payment Confirmation

The Platform shall confirm order status based on system records after payment completion.

Recorded payment time, amount, and status serve as primary evidence of order effectiveness and service execution.

3.9.3 Payment Failure or Insufficiency

If payment cannot be completed due to insufficient balance, payment failure, or other reasons:

– hashpower services may be suspended or terminated; and

– the Platform shall not be liable for service interruption or reduced or ceased mining output.

3.9.4 Irrevocability and Non-Refundability

Except as expressly provided by the Platform or required by mandatory law, fees paid and Service Orders that have taken effect are irrevocable and non-refundable.

3.9.5 Dispute Resolution

The User must raise any disputes regarding payment records or fee calculations within seven (7) days and provide reasonable supporting evidence.

Failure to do so constitutes acceptance of the Platform’s records.

3.9.6 Platform Rights Reserved

The Platform reserves the right to adjust hashpower service fee structures and pricing due to operational, compliance, or technical needs.

Such adjustments shall not affect already purchased orders.

3.9.7 Third-Party Fees

Certain digital wallets, tools, software, and third-party devices may charge transaction or transfer fees.

The User is solely responsible for understanding and bearing such fees.

3.9.8 Taxes

The User is responsible for any applicable taxes.

Where required by law, the User shall provide necessary tax identification information.

Article 4 – Modification of Services and Agreement

The Platform may update the Service or this Agreement for commercial or operational reasons and shall notify the User via website announcements, app notifications, SMS, or email.

Revised agreements take effect upon announcement or notification.

Article 5 – Non-Custodial Design

5.1 Wallet Responsibility

The Service adopts a non-custodial design.

The User is solely responsible for wallet security, private key management, and address accuracy.

The Platform bears no liability for losses caused by User-related factors.

Article 6 – Service Activation and Termination

6.1 Service Activation

Hashpower services are activated after payment completion and Platform confirmation.

Activation may be delayed due to operational or technical factors.

6.2 Service Termination

The Platform may suspend or terminate services under the following circumstances:

– User violation of this Agreement;

– legal or regulatory requirements;

– force majeure events; or

– infrastructure or operational limitations.

Service termination does not entitle the User to refunds based on service performance, technical results, or network conditions.

6.3 Service Contract Transfer

The Platform may provide a Service Contract Transfer feature that allows the User to request reassignment of active service contracts.

Service Contract Transfer is an administrative service function and does not constitute a trading market, exchange, or financial marketplace.

Transfer prices are set solely by the User and do not represent service value, market price, or guaranteed outcomes.

All transfer requests are subject to Platform review and approval.

The Platform does not assess, guarantee, or comment on pricing outcomes or transfer completion.

The Platform may suspend, restrict, or permanently disable the Service Contract Transfer feature at its sole discretion without prior notice.

Article 7 – Optional Hardware Retrieval Arrangement

Hardware retrieval is an optional operational arrangement and does not constitute proof of ownership, investment, or financial rights.

This optional arrangement is provided solely as a logistical accommodation and does not alter the service-based nature of the Agreement.

This arrangement does not create any ownership, security interest, or proprietary rights in hardware or equipment.

The User must submit a retrieval request one month in advance.

Upon request submission, related hashpower operation ceases.

The User bears packing, service, and shipping costs.

Retrievable models and quantities are subject to Platform announcements.

Upon shipment, all rights under this Agreement associated with the retrieved service order shall terminate upon completion of shipment.

Article 8 – Risk Disclosure and Disclaimer

The User acknowledges that computing and mining-related services involve inherent operational and network risks.

The Platform does not guarantee:

– service continuity;

– output levels; or

– network performance.

The User accepts all risks associated with use of the Service.

8.1 Digital Asset Market Risk

Digital asset markets are subject to significant volatility and uncertainty.

The Platform makes no representations regarding future performance or outcomes.

8.2 Hard Fork and Soft Fork Risk

In the event of blockchain protocol changes that prevent mining output, the Platform shall not be liable for related losses.

8.3 Usage and Custody Risk of Digital Currencies

Digital currency transactions are irreversible.

The User is solely responsible for wallet accuracy, credentials, and access security.

8.4 Regulatory Change Risk

Regulatory changes may affect digital currency usage or accessibility.

8.5 Acceptance of Risk

By using the Service, the User confirms understanding and acceptance of all associated risks.

Article 9 – No Agency or Promotion Authorization

No affiliate or third party is authorized to make profit or return representations on behalf of the Platform.

Article 10 – Limitation of Liability

To the extent permitted by law, the Platform shall not be liable for indirect losses, digital asset losses, or failure to achieve any particular technical or operational results.

Article 11 – Governing Law and Dispute Resolution

This Agreement is governed by the laws of the British Virgin Islands (BVI), unless mandatory consumer protection laws apply otherwise.

Article 12 – Entire Agreement and User Acknowledgment

The User confirms that they:

– fully understand that the Service is not an investment product;

– do not rely on profit expectations; and

– voluntarily assume all related risks.

The User represents and warrants that they are not entering into this Agreement for investment, speculative, or profit-seeking purposes.

Article 13 –Service Provider and Payment Collection

Services under this Agreement are provided by Mei An Technology Ltd. (British Virgin Islands, Company No. 2147118) (the “Service Provider”).

For operational and administrative efficiency, payments may be collected by affiliated entities acting as payment collection agents on behalf of the Service Provider. Such payment collection does not affect the identity of the Service Provider or the contractual relationship between the User and the Service Provider.

StandardHash operates as a global digital infrastructure brand. Affiliated entities may support operational, marketing, technical, and user engagement functions across different jurisdictions.

Article 14 – Bankruptcy, Liquidation, and Business Discontinuation

In the event of bankruptcy, liquidation, or business discontinuation, unfulfilled Service Orders become void and services cease without compensation, and such cessation shall not be construed as an investment loss or financial loss.

Article 15 – Survival

This Agreement survives termination, dissolution, or entity changes and remains binding.

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