Dear users:

Uphold (hereinafter referred to as us) is committed to the creed of mining as a service, using the latest technology to provide multi-algorithm, multi-currency cloud mining services. By selling/renting mining machines/computing power to Party A, and simultaneously providing mining machine/computing power entrusted management and mining maintenance services, we provide Party A with a one-stop solution for encrypted digital currency mining capabilities of different scales.

The following are our terms of service. Through your operations on our website platform, we will be bound by the terms of service together, and establish legal rights and obligations through the terms of service. Please read the contents of these terms of service carefully first, fully understand this agreement and each clause, especially the bold part. If you have any questions about the content of this contract, please do not proceed to the next step.

Your use of platform services, confirmation through the web page or acceptance of this agreement in other ways shall be deemed that you have fully understood all the terms of this agreement and agree to enter into this agreement with us.

If you have any doubts or objections to the content of this Agreement before you agree to enter into this Agreement, please contact us so that we can explain and clarify it for you so that you can fully understand it and help you decide whether to accept this Agreement and use our services.

According to the provisions of relevant laws and regulations, after equal and voluntary consultation between the two parties, we have reached the following unanimous terms on Party A's leasing (purchasing) mining machines/computing power from Uphold and entrusting Uphold to provide hosting services, for both parties to follow:

I. Leasing (Purchase) of Mining Machines

1.1 Please refer to the associated order for the mining machine/computing power information that Uphold provides you with leasing (purchasing) entrusted management services.

1.2 Lease or purchase of mining machines/computing power: Uphold provides users with mining machines/computing power of specified models and quantities. Users can choose to (1) lease or (2) purchase to obtain the right to use or ownership of the mining machines/computing power during the term of this Agreement; however, regardless of whether the lease or purchase method is adopted, the user agrees to simultaneously entrust Uphold to manage the mining machines, so as to maximize the user's computing power and maximize the protection of the user's rights and interests; if the user entrusts Uphold to manage the mining machine for more than 24 months by purchase, the user has the right to terminate the entrusted management service of the mining machine with prior written notice to Uphold (generally 30 days in advance to allow Uphold sufficient preparation time), and arrange transportation to pick up the mining machine to the address prepared by the user in advance.

2. Contents of mining machine entrusted management service

2.1 Site supporting services: Uphold provides hosting services such as host site, power supply, broadband network support, security monitoring, host management and troubleshooting for users who lease or purchase mining machines, and assists Party A or the manufacturer in repairs.

2.2 Daily monitoring service: Uphold conducts daily monitoring to ensure the smooth operation of the mining machines rented or purchased by users and entrusted for management.

2.3 Network and information security guarantee: Uphold has the obligation to cooperate with relevant national departments in handling Internet and information security work as required.

2.4 Safety and compensation of mining machines: Uphold shall ensure the safety of the equipment entrusted by Party A to manage, and ensure that it is not lost or damaged. If loss or damage occurs, Party B shall compensate Party A for the equipment at the price.

2.5 Transportation of mining machines: For mining machines purchased by users, Uphold is responsible for the transportation, logistics and insurance during the transportation process from domestic to foreign countries. The freight will be charged to the user according to the actual amount incurred, but Uphold shall notify the user in advance before choosing transportation and insurance, and the user shall determine which transportation method to choose and which type of insurance to insure and other related matters to ensure that the user's aforementioned cost burden is within a reasonable market price range (note that the transportation agreement does not apply to the self-collection mining machine of the user who purchased the mining machine).

3. Lease and entrusted management period
3.1 Regardless of whether the mining machine is leased or purchased, the operation period of the mining machine entrusted by the user is: the agreed lease period or 12 months (starting from the time when the user pays the lease or purchase fee, and this website will notify the user of the start period in writing separately).

3.2 If the user adopts the purchase method, and the operation period of the mining machine entrusted for management exceeds 1 year, the user has the right to notify Uphold in writing 30 days before the expiration of the second entrusted management period to terminate Uphold's custody authorization. Uphold can negotiate with the user to stop the operation of the mining machine at an appropriate time and cooperate with Party A in the transportation of the mining machine. However, Uphold will no longer bear any management responsibility for the mining machine from the time the mining machine is delivered to the first carrier designated by the user, especially the mining machine's own safety responsibility and its own damage compensation liability and compensation liability for damages caused to any third party.

3.3 If the user has not picked up the goods more than 90 days after the expiration of the entrusted management period under the "Article 3.2" of the agreement, Uphold has the right to charge a certain storage fee.

IV. Cost Burden
4.1 The fees that users need to pay to Uphold include annual mining machine rental fees, permanent mining machine purchase fees, entrusted management fees and basic electricity fees, etc.; please note that after placing an order and paying successfully, the order will not be revoked or refunded. Special product categories will publicize the charging items and methods on the purchase page. Please read the product details on the purchase page carefully. To fully understand the cost burden.

4.2 The electricity price of the running cloud computing power contract package is subject to the actual display. Uphold will automatically deduct the electricity fee from the mining income at the price of the output currency on the day; if the user's mining income is not enough to offset the electricity fee, Uphold will temporarily close the affected cloud computing power contract package and notify the user in the form of user reservation, and will suspend the distribution of income until the income is offset by the electricity fee; if force majeure causes the electricity price to increase, the user will deduct the electricity fee according to the new electricity price.

V. Rights and obligations between users and Uphold
5.1 Users need to know: Uphold is not a seller of mining machines. If users purchase mining machines, the ownership of the mining machines will be transferred through the method of possession modification, but users must use Uphold's entrusted management service for more than one year to have the right to possess and dispose of the mining machines.

5.2 If users install software on the host, the required software copyright/license/right of use will be provided by Uphold; unless otherwise agreed in writing by both parties, Party A acknowledges that the rights to any information, software, data, etc. provided by Uphold to Party A belong to Uphold, and users have no right to copy, disseminate, transfer, license or provide others with the use of these resources, otherwise they shall bear the corresponding responsibilities.

5.3 Uphold provides users with warranty services for the purchase of mining machines. The warranty period, scope and other terms are subject to the manufacturer's three guarantees service. The warranty period of the purchased product is from the date of product acceptance. If Party A fails to accept or raises an objection within the agreed period of this contract, the warranty period shall be 180 days from the 25th hour after the product arrives at the designated delivery location of Party A.

5.4 Both the user and Uphold shall strictly perform the various provisions of this Agreement. If any party breaches the contract, the party abiding by the contract shall have the right to send a written notice to the breaching party, and the breaching party shall explain the reasons in writing to the party abiding by the contract within 7 working days after receiving the written notice. If the reasons are not explained within the agreed period and no correction is made, the party abiding by the contract as Party A shall have the right to take relief measures such as reporting, litigation or arbitration, and Uphold shall have the right to take other legal technical measures to achieve self-help, but reserves the right to safeguard its own rights and interests through litigation and arbitration.

VI. Legal Statement on Maximizing User Computing Power
Uphold is committed to providing users with a one-stop digital currency computing power solution, but the benefits brought by digital currency computing power are affected by the total computing power of the corresponding digital currency market, the digital currency mining allocation plan in a certain period of time, the corresponding currency fluctuations, and other factors, which are unpredictable. Each Party A must make an independent judgment on the benefits of purchasing or leasing mining machines/computing power, and should consider the risks and its own situation when choosing whether to purchase or lease mining machines/computing power. Uphold does not promise benefits and is not responsible for Party A's mining benefits.

VII. Changes, cancellations, terminations and transfers of rights and obligations to the Agreement

7.1 Changes to the Agreement

Uphold reserves the right to modify the transaction method, hosting duration and other contents of the Agreement from time to time according to market needs, if it is considered reasonable or necessary based on the principle of good faith.

7.2 Agreement Termination and Rescission

7.2.1 If the following circumstances occur during your use of the platform services, we may unilaterally terminate this agreement:

7.2.2 Your account is cancelled for any reason;

7.2.3 Impersonating others or stealing others' accounts to use the platform services;

7.2.4 Using the platform services for illegal purposes;

7.2.5 Engaging in any behavior that may infringe on the platform system or data;

7.2.6 Violating any laws, regulations, or the provisions of this agreement;

7.2.7 The regulatory authority believes that the services provided by the platform no longer comply with relevant regulatory provisions;

7.2.8 In addition to the above reasons, we may terminate the provision of certain services to you based on the risks and our own business operations, and we will announce or inform you accordingly. Given that this is a normal business decision, if you are unable to use the platform services or the services are restricted as a result, you understand that we do not need to be responsible for this.

7.3 Transfer of Rights and Obligations We can change or add the performance subject based on the needs of the platform services. If you continue to use the platform services, you will be deemed to agree that the changed subject or the newly added subject will be the counterparty to the performance with you.

VIII. Dispute Resolution
The conclusion, validity, interpretation, performance and dispute resolution of this Agreement shall be subject to the laws of the People's Republic of China. During the performance of the agreement, all disputes and disputes arising from or related to this agreement shall be resolved by negotiation by the parties first. If the negotiation fails, the parties unanimously agree to submit the case to the People's Court of the defendant's place of residence for resolution through litigation.

IX. Notice
During the performance of this agreement, the written notice we send to you includes mailing paper notices, Uphold website announcements, emails, text messages and faxes.

X.
10.1 If any party encounters force majeure and is unable to perform this contract in whole or in part or delays the performance of this contract, it shall notify the other party of the situation in writing within five days from the date of the occurrence of the force majeure event, and submit to the other party within twenty days from the date of the occurrence of the event the proof of its inability to perform or delay in performance in whole or in part.

10.2 If force majeure occurs, the party suffering from force majeure may terminate its obligations under this Agreement during the delay period caused by force majeure, and it shall not be deemed as a breach of contract. The party suffering from force majeure shall take all necessary measures to reduce losses and immediately resume the performance of this contract after the event is eliminated, unless the performance of this contract is impossible or unnecessary.

10.3 "Force majeure" as referred to in this article refers to objective events that cannot be foreseen, avoided or overcome: including natural disasters such as floods, volcanic eruptions, earthquakes, landslides, fires, storms and severe weather causing power outages, as well as abnormal social events such as wars, strikes, unrest, etc., as well as government intervention, restrictions, bans and routine inspections of electricity, power outages planned for high-voltage testing by power stations, temporary power outages, etc.

10.4 When the Uphold computer room is disconnected from the Internet and power supply due to force majeure, resulting in loss of user interests, Uphold shall promptly notify the user and avoid further expansion of losses, and the user shall not hold Uphold responsible. Both parties are exempted from liability in the above circumstances.

10.5 Uphold needs to suspend service for a short time when adjusting and maintaining the network, or the access speed of the server decreases due to the blockage of the Internet channel. Users agree that this is normal and does not constitute a breach of contract by Uphold.

10.6 Both parties can be exempted from liability for signal interruptions caused by accidents, maintenance, damage, interruption of the communication lines of the telecommunications department, and other reasons caused by the post and telecommunications, power departments, or due to international optical cable lines, international INTERNET backbone networks, and international partner networks.

XI. Others

11.1 The annexes and various supplements, revisions or changes to this Agreement are an integral part of this Agreement and have the same legal effect as the main text of this Agreement.

11.2 The parties to this Agreement shall bear the taxes and fees related to this Agreement in accordance with laws, regulations and relevant provisions.

11.3 Matters not covered in this Agreement shall be handled by negotiation between the two parties or implemented in accordance with the relevant laws and regulations of the state.