Overview
Standard Mining operates under a service-based infrastructure model.
Users are required to settle applicable electricity and operational service fees in order to maintain active hashpower service execution.
There are two service fee settlement methods available:
- Prepaid
- Automated Service Fee Settlement
All orders are set to Automated Service Fee Settlement by default upon activation. Users may switch to the Prepaid option at any time to receive the full settled mining output.
The electricity and operational service fee rate is consistent across both methods.
All service fees are applied toward the operation of computing infrastructure associated with the user’s service order.
*Mining service output is variable, not guaranteed, and depends on network and operational conditions.
1.Settlement Methods
1.1 Prepaid Service Fee
- Service fees are deducted from the prepaid balance in the Service Fee Account.
- Mining service output (if any) is settled without deduction and transferred to the user’s designated receiving address.
- Electricity and operational costs are covered under the selected prepaid structure.
If the prepaid balance reaches zero:
- Hashpower service will pause.
- A 360-hour (15-day) payment grace period applies in accordance with the Service Agreement.
- Failure to top up within the permitted period may result in service termination.
1.2 Automated Service Fee Settlement
- Service fees are settled through an automated system-level settlement mechanism in accordance with the Service Agreement.
- Deduction is calculated based on prevailing exchange rates.
- Any settled output (if any) is transferred to the user’s designated receiving address on a non-custodial basis.
*The Platform reserves the right to adjust electricity unit prices and service fee structures based on operational or market conditions in accordance with the Service Agreement
2. Electricity & Operational Usage Panel:
This panel displays:
- Remaining service fee balance (for prepaid users)
- Electricity and operational usage for the previous day
- Estimated remaining runtime (expressed in days)
If the Automated settlement method is selected, only previous day usage will be displayed.
*All displayed runtime values are estimates and may vary based on real-time operational conditions.
2.1 Service Fee Details: Available to users who select the Prepaid option.
This section displays:
- Remaining service fee balance (expressed in days)
- Daily electricity and operational service cost
- Calculation breakdown of remaining service coverage.
These values are indicative and subject to operational variations.
2.2 Prepay Service Fee: Prepaid users may extend service coverage by topping up service fees.:
Steps:
- Click Top Up
- Enter the number of prepaid service days
- Submit the order
The system will automatically calculate the estimated total service fee.
Important Payment Instructions:
- Users must transfer the exact payment amount displayed in the order.
- The transferred amount must include applicable blockchain network fees.
- Underpayment or incorrect network selection may result in failure to recognize the transaction.
- All blockchain transactions are irreversible.
StandardHash is not responsible for errors caused by incorrect wallet address or network selection.
Payment Coin: Users may select USDT or USDC as the payment option.
Network: Users may choose from the following supported networks:
Ethereum (ERC20), Tron (TRC20), Polygon, BNB Smart Chain (BEP20), Solana, or Arbitrum One.
Users are responsible for ensuring the selected network matches their wallet configuration
Payment Methods:
Users may select one of the following payment methods:
- Connect a supported crypto wallet
- Scan the QR code to initiate the transfer
Important Notes
- Standard Mining is a technical service, not an investment product.
- Mining output is not guaranteed and may be zero. The Platform makes no express or implied warranty regarding output quantity, frequency, timing, or value.
- Orders are non-refundable once activated.
- Continued service execution depends on proper settlement of service fees.