1.Overview
Standard Mining is a service-based model that provides access to Bitcoin mining hashpower through real infrastructure. It does not involve the sale of mining hardware and does not constitute an investment product, financial arrangement, or profit-generating scheme.
Users access standardized mining hashpower as a service operated and maintained by StandardHash.
Service operation continues subject to operational conditions, network availability, and timely settlement of applicable service fees, in accordance with the Service Agreement.
Mining output is not guaranteed and may be zero.
2. Service Output
2.1 Total Settled Service Output (BTC)
Service Output refers to any Bitcoin (if any) resulting from active mining service execution based on the hashpower accessed by the user.
- Displayed output excludes applicable service fees
- Output is variable and depends on network conditions
- No minimum or guaranteed output is provided
The service output section includes: Mining Output Record, Payout Record and Receiving Address.
2.2 Mining Output Record
This section provides a detailed operational breakdown of service execution and settlement.
Key Terms Explained:
- Allocated Hashpower: The total hashpower access configured under the user’s service order.
- Active Hashpower: The portion of allocated hashpower that was operational during the relevant period.
- Service Fee Settlement Method (Electricity & Operation): Indicates whether Prepaid or Automated Service Fee Settlement is applied
- Yesterday’s Gross Output: The total Bitcoin generated by service execution during the previous day, before service fees.
- Service Fee Settled: The electricity and operational costs incurred during the previous day.
- Yesterday’s Settled Output: The net service output after applicable service fee settlement.
- Historical Settled Output: The cumulative settled service output generated since service activation
- Status: Indicates whether the users’ mining output has been transferred to your designated wallet.
2.3 Payout Record
This section displays historical payout and balance information, including:
- Total payout (BTC): The total amount of settled output that has been transferred to the receiving address.
- Account Balance(BTC): The unsettled output balance that continues to accumulate until the sending threshold is reached.
- Estimated time until next BTC payout: An estimated duration (in days) until the accumulated balance reaches the sending threshold.
This estimate is indicative only and may change based on network and mining difficulty.
The breakdown below shows details of each withdrawal, including the date and amount of BTC payout transferred, receiving address, transaction ID (TXID), and status.
2.4 Receiving Address
Users may set a designated BTC receiving address. Any settled service output will be automatically transferred once the sending threshold is met.
Sending Threshold: Users can set the minimum amount of Bitcoin required for withdrawal.
*The minimum sending threshold is 0.0001BTC.
*Mining service output is settled in accordance with the selected settlement method. Once your mining service output reaches the threshold amount, it will be automatically transferred to your receiving address.
3. Electricity&Operation Usage
Service operation requires electricity supply and ongoing infrastructure management:
- Coverage: Remaining electricity balance
- Previous day’s electricity usage
- Estimated Runtime: Estimated remaining service coverage (in days)
3.1 Service Fee Details
The Service Fee refers to the applicable operational fee associated with the hashpower service. The specific fee structure is displayed within the app at the time of service activation
3.2 Prepay Service Fee
Prepaid users may extend service coverage by purchasing additional prepaid service days.
Users can view the estimated daily operational service fee and enter the desired service coverage period. The total estimated cost will be calculated automatically.
3.3 Settlement Method
Users may choose between different settlement options when activating the service.
Prepaid
- Service fees deducted from the prepaid balance
- Any settled output (if any) is transferred directly to the designated receiving address.
- Electricity and operational costs are covered under the selected prepaid structure.
- Service operation remains subject to operational conditions and external factors.
Automated
- The service fee is automatically deducted from the accumulated output.
- Any remaining settled output (if any) is transferred to the designated receiving address.
- Transfers occur once the applicable settlement conditions are met.
- Mining output is not guaranteed and may fluctuate significantly.
Important Notes
- Standard Mining is a technical service, not an investment product.
- Service output is not guaranteed and may be zero.All service operations remain subject to operational and external conditions.
- Hashpower represents service access, not asset ownership
- Orders are non-refundable once activated
- Users are responsible for ensuring compliance with local laws and regulations