RISK DISCLOSURE

BITBLINKS CLOUD MINING RISK DISCLOSURE & ARBITRATION TERMS**
Last Updated: April 01,2025

RISK DISCLOSURE STATEMENT

1. Market Risks
1.1 Cryptocurrency Volatility
– Reward values fluctuate with:
– USDT/USDC stability (depegging risk)
– Bitcoin network difficulty adjustments (±30% quarterly)
– Pool luck variance (PPS vs. FPPS payment models)

1.2 Regulatory Changes
– Service may terminate immediately if:
– User’s jurisdiction bans cloud mining (e.g., China, Egypt)
– Stablecoins are blacklisted (OFAC sanctions)

2. Operational Risks
2.1 Service Limitations
– No uptime guarantees for Starter/Basic plans
– Shared hardware performance varies ±15% from advertised rates

2.2 Technical Failures
– Excluded contingencies:
– ISP outages (§5.2)
– User-side VPN failures (§7.3)
– Smart contract bugs in reward distribution

3. Financial Risks
3.1 Capital Loss Scenarios
| Risk Scenario | Impact |
|——————————|———————————|
| Early termination | Forfeit 25-100% of capital |
| <80% session compliance | Lose capital return eligibility |
| ASIC obsolescence | No hardware replacement |

3.2 Tax Liability
– Users self-report rewards; BitBlinks provides *Form 1099-MISC equivalent* (≥$600 earnings)

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ARBITRATION TERMS

4. Mandatory Arbitration
4.1 Scope
– Covers all disputes except:
– BitBlinks’ IP infringement claims
– Emergency injunctive relief

4.2 Procedure
| Requirement | Specification |
|————————–|——————————–|
| Venue | DIFC-LCIA (Dubai) |
| Language | English |
| Costs | User pays 100% if claim <$5K |
| Discovery | Limited to 3 document requests |

5. Class Action Waiver
5.1 Individual Claims Only
– Consolidated/representative actions prohibited
– Penalty: $10,000 per violation attempt

5.2 Mass Arbitration Protocol
– >25 similar claims trigger:
– Batch processing (single arbitrator)
– Non-refundable $500 filing fee per claim

6. Governing Law
6.1 Primary Jurisdiction
– Cayman Islands law (excluding conflict principles)

6.2 Enforcement
– Awards enforceable under *NY Convention 1958*

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USER ACKNOWLEDGMENTS

☑ “I understand that:
1. Cloud mining rewards are speculative and may result in total loss
2. Arbitration is the sole dispute resolution mechanism
3. BitBlinks may modify these terms with 30-day notice

Digital Signature: [ ] Timestamp: [UTC ]