Terms & Conditions of Hosting Operations
Service Provider: Proro Rig | Location: Managed Industrial Datacenter
1. Agreement Scope & Acceptance
These Master Terms apply when a customer selects a hosted fulfillment tier on any product page. The order confirmation, fee schedule, product specifications, and these terms collectively form the binding legal contract between the customer and Proro Rig.
2. Two Distinct Hosting Models
We provide two transparent managed hosting services tailored to different investor strategies:
The customer purchases and owns 100% of the physical ASIC hardware. The device is operated in our managed farm for 12 months. Upon contract expiration, the customer can choose: (1) Physical Hardware Shipment to their address (at customer's shipping cost), (2) Market Buyback Appraisal Cashout, or (3) Contract Renewal.
The customer leases 100% of an ASIC miner's computing power for 365 days at ~45% discount. The customer does NOT own any physical hardware, and no machine will be shipped upon expiration. The customer receives 100% of daily mining payouts with zero repair or breakdown risk. The contract automatically expires at Day 365.
3. Guaranteed Fixed Electricity Rate
The contracted datacenter electricity rate is set at $0.050 / kWh as configured under Brand Settings. This electricity rate is guaranteed and locked for the entire 365-day contract term. Even if utility rates increase globally, your contracted electricity rate remains strictly fixed.
4. Management & Setup Fee Schedule
Operating fees are calculated dynamically based on our global brand policies:
- Management Fee (20%): A flat 20% fee deducted from daily gross mining revenue to cover 24/7 technical monitoring, facility cooling, and network maintenance.
- Activation Setup Fee ($0 (Free Setup)): One-time setup fee charged upon initial rack installation. Currently set to FREE SETUP ($0) under our promotional offer.
5. Datacenter Activation & Contract Duration
The 12-month contract duration (365 calendar days) begins on the official Hardware Activation Timestamp inside the datacenter (normally targeted within 1 business day following cleared payment). All 30-day payout cycles and contract schedules are calculated from this timestamp.
6. Mining Revenue & 30-Day Payout Cycles
Gross mining revenue generated by the device or leased hashrate is recorded daily from designated mining pools. At each 30-day cycle milestone, contracted electricity and management fees are deducted, and the net profit balance is transferred directly to the customer's designated cryptocurrency wallet.
7. End-of-Term Options for Host & Own Customers
At the conclusion of the 365-day "Host & Own" hosting contract, the customer has complete control over their hardware asset with three flexible options:
- Physical Delivery Request: Customer requests physical shipment of the miner to their confirmed delivery address. The customer is responsible for packaging, freight, export/import duties, and local delivery fees.
- Market Buyback Appraisal: Customer requests a market buyback valuation. We assess current used hardware market value and buy back the unit, disbursing cash directly to the customer.
- Contract Extension: Customer extends datacenter hosting for an additional 12-month cycle under then-current market terms.
8. Hashrate Lease Terms & Expiry
For 1-Year Hashrate Lease contracts, the agreement grants exclusive rights to 100% of the daily mining output for 365 days. No physical hardware ownership is created or implied. Upon completion of the 365th day, the lease contract automatically expires without any hardware shipment or post-contract buyback obligations.
9. Maintenance, Repair & Zero-Downtime Warranty
For Hashrate Lease customers, we guarantee 100% replacement in the event of hardware breakdown with zero repair cost or downtime. For Host & Own customers, our facility technicians handle on-site diagnostics, firmware updates, rebooting, and warranty repairs under factory warranty guidelines.
10. Summary Comparison Matrix Across Fulfillment Tiers
| Feature / Term | 🚚 Physical Delivery | ⭐ Host & Own (1-Yr) | 🏷️ 1-Yr Hashrate Lease |
|---|---|---|---|
| Hardware Ownership | ✅ 100% Machine Ownership | ✅ 100% Machine Ownership | ❌ No Hardware Ownership |
| Electricity Rate | Local Residential Rate ($0.10/kWh) | ⚡ Locked Rate ($0.050/kWh) | 🌐 $0.00 (Included in Lease) |
| Management & Setup Fee | $0 Management Fee | 20% Mgmt / FREE Setup ($0) | $0 Mgmt / FREE Setup |
| Post-Contract Options | N/A (Machine shipped home) | 3 Options: 1) Hardware Delivery 2) Market Buyback Cashout 3) Contract Renewal | Contract automatically expires at Day 365 |