Special Statement: This platform provides only virtual cloud mining services, which are fundamentally different from "real physical mining". This platform does not operate any physical mining equipment (such as ASIC miners, graphics card miners, etc.), and is not involved in real mining links such as the procurement, deployment, power consumption, and site maintenance of physical equipment; the "cloud mining machines" purchased by users are only algorithm-simulated virtual computing power products, and the income is generated based on the platform's internal algorithm simulation of the mining process. It has no connection with the hardware computing power output, power costs, and physical asset value of real physical mining. Please fully understand this core difference before using the platform's services.

1. Before using the virtual cloud mining service (hereinafter referred to as "the Service") provided by this platform, users should carefully read and fully understand this Agreement (including the rules, announcements and supplementary agreements issued by the platform). By clicking "Agree" or completing the registration, the user is deemed to have fully understood and voluntarily accepted all terms of this Agreement and established a service relationship with the platform.

2. The content of this Agreement includes the main text of the Agreement, platform announcements, rules and subsequent updated content, all of which are an integral part of this Agreement and have the same legal effect. If subsequent rule updates involve "adjustments to the differences between virtual mining and real physical mining", the platform will notify users through a prominent manner, and the user's continued use of the service will be deemed to accept the update.

For the purpose of clarifying the meaning of this Agreement, the following terms are defined as follows:

1. Platform: Refers to the BitBoost platform that provides virtual cloud mining services, and does not operate any real physical mining business or related physical assets.

2. User: Refers to a natural person or legal person who completes registration and uses the virtual cloud mining service of this platform, and is aware of and confirms that the platform has no physical mining equipment.

3. Cloud Mining Machine: Refers to the virtual computing power product purchased by the user on the platform, which is only used to simulate the mining process through the platform algorithm to obtain virtual income (such as Bitcoin BTC). It is not a real physical mining machine (a real physical mining machine requires physical hardware, power support, site deployment and maintenance). The user does not enjoy the ownership, right to use or control of any physical equipment.

4. Income: Refers to the virtual digital assets obtained by users through the cloud mining machine service. The amount is dynamically calculated in real time by the platform algorithm based on "virtual computing power, global network hash rate data (not actually participating in the global physical mining network), virtual wear-and-tear rules, and advertising compensation mechanism". It is not the hardware computing power output income of real physical mining.

5. Virtual Wear-and-Tear Mechanism: Refers to the "virtual computing power attenuation rule" set by the platform to simulate the hardware attenuation characteristics of real mining. It only affects the amount of virtual income, and is not the aging, failure, damage or scrapping of real physical equipment (such as chip loss, fan failure of real mining machines, etc.), and there is no value loss of any physical assets.

6. Advertising Compensation Mechanism: Refers to the mechanism by which users can restore "virtual computing power attenuation" by watching platform advertisements. Only virtual computing power is restored, and it does not involve the repair, upgrade or replacement of any real physical equipment. The specific rules are subject to platform announcements.

1. The platform provides users with the following purely virtual services, which do not involve any real physical mining links:

- Purchase, management and virtual income inquiry of virtual cloud mining machines;

- Calculate and distribute virtual digital asset income based on platform algorithms;

- Withdrawal of virtual income and related virtual transaction services (users must comply with applicable laws and regulations, and know that the withdrawn is virtual assets, not physical assets produced by real physical mining).

2. The user confirms that all services of this platform are "algorithm-simulated virtual services". Purchasing a cloud mining machine does not mean owning, controlling or operating any real physical mining equipment; users shall not claim ownership, right to use or right of claim for any physical mining hardware (such as ASIC miners, servers, etc.).

1. The yield rate of the virtual cloud mining machine is a reference value calculated by the platform algorithm, which may be affected by the following virtual-related factors, which are completely different from the influencing factors of real physical mining (such as hardware performance, power cost, site rent, physical failure):

- Simulated reference of global network hash rate data (not actually connected to the global physical mining network);

- Adjustment of virtual wear-and-tear mechanism rules;

- The frequency of users participating in advertising compensation;

- Optimization or update of platform algorithms.

The actual virtual income may be higher or lower than the reference value, and the user has full knowledge of this.

2. Before using the Service, users should clearly distinguish the risk differences between "virtual mining" and "real physical mining":

- Risks of real physical mining include: high hardware procurement costs, large power consumption, fast hardware depreciation, high site and maintenance costs, and interruption of income due to physical failures, etc.;

- Risks of virtual mining on this platform include: virtual income fluctuations due to algorithm adjustments, changes in virtual wear-and-tear rules, adjustments in advertising compensation mechanisms, and temporary abnormalities in virtual income calculation or withdrawal due to system technical failures (the platform will repair and correct virtual income according to rules, and does not involve compensation for real physical assets).

Users should independently judge whether it is suitable to participate and bear all risks related to "virtual mining" by themselves.

3. The platform shall not be liable for the following situations:

- Losses caused by virtual income fluctuations, algorithm adjustments, and virtual wear and tear;

- Expected deviations caused by changes in the real physical mining market (such as fluctuations in hardware prices and power costs);

- Temporary abnormalities in virtual income calculation or withdrawal due to system failures and network delays (the platform will repair and correct virtual income according to rules, and does not assume the liability for compensation of real physical assets).

1. Virtual Wear-and-Tear Rules: In the daily operation of the virtual cloud mining machine, the platform sets a "virtual computing power attenuation ratio", resulting in the daily virtual income being lower than the "expected income of full virtual computing power". This attenuation is set by the system algorithm and has no connection with the "hardware aging, failure, and damage" of real physical mining machines. It does not generate any loss cost of physical assets. The specific virtual loss ratio and calculation method are subject to the platform system display.

2. Advertising Compensation Rules: Users can restore part or all of the "virtual computing power attenuation" by watching platform advertisements to optimize virtual income. The proportion of virtual computing power restored by each advertisement viewed and the daily viewing limit are subject to platform announcements; this compensation is only for "virtual computing power" and does not involve the repair, upgrade or replacement of any real physical equipment. Users shall not claim compensation for real physical assets due to failure to obtain advertising compensation.

3. The user confirms that the changes in virtual income and adjustments in calculation methods caused by the advertising compensation or virtual wear-and-tear mechanism are all reasonable adjustments made by the platform based on the operation of virtual services, which are not related to the "hardware maintenance and component replacement" of real physical mining. The platform does not need to compensate or retroactively pay for the virtual income before the adjustment.

1. Confirmation of Virtual Product Attributes: The user fully knows and confirms that the cloud mining machine is a virtual product. The platform only simulates the "mining process and income generation" through algorithms, which has no connection with the "physical hardware operation and computing power access to the global blockchain network" of real physical mining; all incomes are virtual digital assets and do not represent the value of physical assets produced by real physical mining.

2. No Income Guarantee: The platform only calculates income based on existing algorithms and virtual data, and does not guarantee any fixed income or profit, nor does it guarantee that the virtual income is consistent with the income level of real physical mining; all income data are for reference only and shall not be used as the basis for users' investment decisions.

3. Risks Undertaken by Users Themselves: Users voluntarily bear all risks of using the Service, including but not limited to:

- Fluctuations in virtual income due to adjustments in virtual algorithms, changes in virtual wear-and-tear rules, and updates in advertising compensation mechanisms;

- Expected deviations caused by misunderstanding the "differences between virtual and real mining";

- Temporary system interruptions or virtual data abnormalities caused by force majeure (such as policy adjustments, hacker attacks) (the platform does not assume the liability for compensation of real physical assets).

4. Exemption Scope: Unless otherwise required by law, the platform shall not be liable for any "direct or indirect losses" incurred by users due to the use of the Service, including but not limited to:

- Reduction of expected virtual income (not the loss of hardware investment in real physical mining);

- Additional costs incurred by users due to confusing "virtual and real mining" (such as the user's own expenditure on purchasing physical mining equipment);

- Losses from virtual income realization due to price fluctuations of third-party platforms (such as virtual asset trading platforms).

5. Right to Adjust Rules: The platform has the right to adjust the virtual income algorithm, virtual wear-and-tear mechanism, and advertising compensation rules based on the operational needs of virtual services. The adjustments will be notified through announcements or system prompts; the user's continued use of the service is deemed to accept the adjustments, and the platform does not need to pay any "virtual or real asset compensation" to the user for the adjusted rules.

1. Users have the right to use virtual cloud mining services, query virtual income, and apply for virtual income withdrawal in accordance with this Agreement and platform rules.

2. Users shall provide accurate registration information, properly keep accounts and passwords, and are prohibited from transferring or lending accounts; the platform shall not be liable for account security issues caused by users themselves (such as password leakage), nor shall it involve losses of real physical assets.

3. Users shall not use the Service for any illegal activities, and shall not claim rights to "real physical mining equipment" of the platform or third parties (such as ownership, right to use); if users violate this provision, the platform has the right to restrict, freeze or terminate their services and pursue legal responsibilities.

4. Users shall regularly check platform announcements, and promptly know the "updates of virtual mining rules" and "supplementary explanations of differences between virtual and real mining". The user shall bear the losses caused by failure to check the announcements.

1. The platform has the right to modify this Agreement and related rules based on operational, market or regulatory needs. The modified content will take effect after platform announcements; if users do not agree with the modifications, they should stop using the Service immediately.

2. For users who violate this Agreement or laws and regulations, the platform has the right to suspend or terminate their services without assuming any "liability for compensation other than virtual income" (such as the user's claim for losses related to real physical mining).

3. The platform will take reasonable measures to protect the security of users' registration information and virtual income data, but shall not be liable for data leakage caused by force majeure (such as natural disasters, policy adjustments) or third-party reasons (such as hacker attacks), nor shall it involve information security issues of real physical assets.

1. The platform has the right to modify this Agreement at any time. The modified Agreement will take effect after the platform announcement; if users do not agree with the modification, they should stop using the Service immediately, and continued use will be deemed to accept the modification.

2. If users violate this Agreement or laws and regulations, the platform has the right to unilaterally suspend or terminate the Service without compensating users for any "losses other than virtual income" (such as the user's claimed investment in real physical mining).

3. After the Agreement is terminated, the user's unwithdrawn virtual income can still be applied for withdrawal according to platform rules, but shall not claim any rights related to "real physical mining" (such as hardware return, power cost compensation, etc.).

1. The conclusion, performance, interpretation and dispute resolution of this Agreement shall be governed by the relevant laws of the place where the platform operating company is located.

2. Disputes arising from this Agreement shall first be resolved through friendly negotiation between the parties; if the negotiation fails, either party has the right to file a lawsuit with the people's court having jurisdiction where the platform operating company is located.

1. This Agreement constitutes a complete agreement between the user and the platform regarding the "virtual cloud mining service", replacing all oral or written agreements previously reached by both parties on the same matter.

2. If any clause of this Agreement is deemed invalid or unenforceable, it shall not affect the legal effect of the remaining clauses.

3. The user's use of the platform's services is deemed that they have fully understood the "core differences between virtual mining and real physical mining" in this Agreement and voluntarily accepted all terms and risk disclosures.

If you have questions, complaints, or requests regarding this Privacy Policy or the protection of your personal information in the context of virtual cloud mining services, please contact us through the following channels:

- Contact Email: help@bitguide.zendesk.com

Effective Date: This Agreement shall take effect from the date when the user clicks "Agree" or completes the registration.