Frequently asked questions

How do I purchase mining contract?

It is very simple. Once you have your account created new user menu will show once you are logged in. On top of the page click on "Buy a new contract" link. Once you are on that page you can see your "deposit address", you should send BTC to this address and after 1 confirmation BTC will be available for you to buy new contracts or TeraBox vouchers.

How can you offer such a low rates?

We combine very cheap electricity with efficient custom made mining hardware along with modified mining software.

Are there any other fees?

There is no fees of any kind, no maintenance or electricity fees.

When and how will I receive payouts from my mining contract?

Depends on you contract you can receive payouts daily, weekly or monthly. Payout is done to your bitcoin wallet you specify or it's accumulated in your TeraBox balance and you can withdraw it manually.

When will my contract start mining?

All contracts are activated automatically, you will start mining instantly after we have received your payment!

What are TeraBox vouchers and how to use them?

TeraBox vouchers are easy way for you to get some Ghs mining power for your account. All you need is to enter valid code into Redeem field and mining power will be added to your account instantly. Another way you can use them is to resell them to people for cash and make some extra profit this way. There are lot of people who are having hard time getting bitcoins but would like to mine them.

How do I setup my payout address?

Once you log in go to your account "dashboard". First thing you see on your dashboard in top left is "Withdraw adress" field, enter your bitcoin wallet address here and save it. Weekly and monthly contracts will be paid out to this address. If you do not enter address here all your earnings will be added to your balance and you can withdraw it manually.

What’s the expected ROI?

It depends on the difficulty but you can get an idea of your ROI by googling Bitcoin Profit Calculator or visiting: http://www.bitcoinx.com/profit/
Tip: Electricity Rate and Power consumption is 0

Can i choose my own mining pool?

No, choosing mining pool is our part of the deal, we use our developed software that spreads hashing power between few most profitable mining pools.

For how long is contract active?

By default contract are set to expire automatically after 5 years but you can sell them back to us sooner than that if you wish.

When can I sell back purchased contract?

This depends on the type of the contract you purchased. Manual ones you can sell whenever you like. Weekly payout ones you can sell after 60 days and monthly payout contracts you can sell after 90 days after you purchased them.

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  • Your current balance is BTC.
  • Minimum amount you can withdraw is 0.00100000
  • Transaction fee of 0.00010000 will be deducted from your withdrawal.

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