Legal Notice & Disclaimer

Who we are and what this covers

This website, its pages, tools, calculators, simulations, charts, data downloads and application programming interfaces (together, the “Service”) are operated by Elektron Energy (“Elektron”, “we”, “us”, “our”).

This notice applies to every page of the Service and to any content obtained from it, however it is accessed or shared, including through an API, a permalink, an export, a screenshot, or a third party who has republished it. By accessing or using the Service you agree to this notice. If you do not agree, you must not use the Service. How we handle personal data is described separately in our Privacy Notice.

Beta status

The Service is a beta, pre-release product under active development. Features may be incomplete, experimental, untested, or withdrawn without notice. Methods, data sources, assumptions and results change over time, so a figure you saw earlier may differ from the one shown now, and neither is guaranteed to be correct. We make no commitment that the Service will ever leave beta.

No guarantee of data

All data on the Service is provided for general information only. That includes bitcoin prices and market capitalisation; hashrate, difficulty, block, fee and mempool data; mining-pool attribution and node counts; ASIC specifications and prices; energy costs; macroeconomic, inflation and money-supply series; company, fund and regulatory-filing data; and sentiment and search-interest measures. Any of it may be inaccurate, incomplete, estimated, interpolated, rounded, delayed, stale, revised after publication, attributed to the wrong source or entity, or simply wrong.

Some data comes from our own Bitcoin nodes, which can fall out of sync, be pruned, or fail. Much of it comes from third parties whose data we do not control and cannot verify. A label such as “live” or “latest” means only that we attempt to refresh a value, not that it is current or correct. Gaps, outages and errors may not be flagged.

Calculations, models and simulations

Every calculator, break-even figure, return, ROI, payback period, probability, projection, Monte Carlo simulation, scenario, index, score and fair-value estimate on the Service, and every chart that shows a modelled, projected or simulated value, is a hypothetical, model-based output. Each depends on assumptions, simplifications and inputs, some chosen by you and some by us, that may be unrealistic, out of date, or inappropriate for your situation, and on software that may contain errors.

You should expect results to be off, at times materially, and some to be plainly wrong. Small changes in inputs can produce large changes in outputs. Probabilities and distributions describe a model, not the world; they are not forecasts or predictions of what will happen.

Hypothetical and simulated results have inherent limitations. They do not come from actual trading, mining or investment. They may not reflect, or may only approximate, real-world factors such as liquidity, fees, taxes, slippage, hardware failure, downtime, curtailment or counterparty default, even where a tool offers an input for them. Backtested and historical results are prepared with the benefit of hindsight. No representation is made that anyone will, or is likely to, achieve results similar to those shown. Past performance, actual or simulated, is not a reliable indicator of future results.

Not investment, financial, tax or legal advice

Nothing on the Service is, or should be read as, investment, financial, trading, tax, legal, accounting, engineering, energy-procurement or other professional advice. Nor is it a recommendation that any asset, mining hardware, hosting arrangement, strategy or transaction is suitable for you. The Service does not take into account your objectives, financial situation, risk tolerance, tax position or needs.

Some tools label their output with words such as “recommendation”, “insight”, “opportunity”, “verdict” or “mining wins”. These are automated outputs of a model applied to the inputs it was given, not recommendations to you.

Where content expresses a view, whether in research pieces, commentary, letters, scores or rankings, it is opinion. It is general in nature, may be wrong, and may change without notice. Before making any decision, verify the information independently and consult a qualified, independent professional licensed in your jurisdiction.

No offer, solicitation or relationship

Nothing on the Service is an offer to sell, or a solicitation of an offer to buy, any security, digital asset, derivative, financial product, mining equipment or service, in any jurisdiction.

Using the Service does not create an adviser–client, broker–customer, fiduciary, agency or other professional relationship between you and Elektron, and Elektron owes you no duty of care in connection with your use of the Service. Elektron does not act as your investment adviser, broker, dealer, custodian or fiduciary.

Risk warning

Bitcoin and other digital assets are highly volatile and speculative. You can lose all of the money you put into them.

Bitcoin mining carries further risks, including without limitation: rising network difficulty and hashrate; block-subsidy halvings; changes in transaction-fee revenue; electricity price and availability; hardware defects, failure, obsolescence and collapse in resale value; shipping, customs and import costs; hosting, pool and counterparty failure; firmware and security vulnerabilities; changes in law, regulation and taxation; and environmental and permitting constraints. This list is not exhaustive, and the Service does not model all of these risks. Only commit money you can afford to lose.

Third-party data, content and links

The Service displays data and content from third parties, such as blockchain explorers, market-data providers, statistical agencies, regulatory filing systems and public datasets, and links to third-party websites. Naming a source does not mean that source has reviewed, approved or endorsed the Service or our use of its data. We do not control third-party content and are not responsible for its accuracy, availability or legality, or for any third-party website or the products and services offered there.

Quotations, headlines and “obituaries” are reproduced for commentary and historical interest and are attributed to their authors; they are not our statements. Product names, logos, brands and trademarks belong to their respective owners. We use them for identification only, and their use implies no affiliation with or endorsement by those owners.

Conflicts of interest

Elektron is a bitcoin mining and infrastructure business. Elektron, its affiliates, and their directors, officers, employees and contractors may hold bitcoin or other assets discussed on the Service, operate or trade mining hardware, contract for energy or hosting, and transact in any of these at any time, including in ways that are inconsistent with views or results shown on the Service.

Content on the Service is not independent research and has not been prepared in accordance with legal requirements designed to promote the independence of investment research.

No warranties

To the fullest extent permitted by applicable law, the Service and all of its content are provided “as is” and “as available”, with all faults, and without warranties, representations or conditions of any kind, whether express, implied or statutory. This includes any warranty of accuracy, completeness, timeliness, reliability, merchantability, satisfactory quality, fitness for a particular purpose, title or non-infringement, and any warranty that the Service will be uninterrupted, secure, or free of errors, viruses or other harmful components, or that defects will be corrected.

Limitation of liability

To the fullest extent permitted by applicable law, Elektron, its affiliates, and their directors, officers, employees, contractors, agents, licensors and data providers will not be liable to you or to any third party for any loss or damage of any kind arising out of or in connection with the Service, its content, or any decision made or action taken in reliance on them. This includes trading or investment losses, lost profits or revenue, lost mining rewards, hardware or energy costs, loss of data, loss of goodwill, and any indirect, incidental, special, consequential, exemplary or punitive damages. It applies whether the claim arises in contract, tort (including negligence), breach of statutory duty or otherwise, and even if we were told such loss was possible.

Where liability cannot be excluded but can be limited, our total aggregate liability to you is limited to the greater of the amount, if any, that you paid us to access the Service in the twelve months before the event giving rise to the claim, and one hundred US dollars (US$100).

Nothing in this notice excludes or limits any liability that cannot be excluded or limited under applicable law, such as liability for fraud or fraudulent misrepresentation, or for death or personal injury caused by negligence, or affects your statutory rights as a consumer.

Your responsibility and indemnity

You are solely responsible for your use of the Service, for evaluating the accuracy, completeness and usefulness of any content, and for every decision you make.

To the fullest extent permitted by applicable law, you agree to indemnify Elektron, its affiliates, and their directors, officers, employees and contractors against any third-party claim, and any resulting loss, liability, cost or expense (including reasonable legal fees), arising from your misuse of the Service, your republication or redistribution of its content, or your breach of this notice, except to the extent the claim is caused by our own negligence or wilful misconduct.

Jurisdiction and local restrictions

The Service is not directed at any person in any jurisdiction where its publication or availability would be contrary to local law or regulation, or would subject Elektron to any registration or licensing requirement. If you are in such a jurisdiction, the Service is not intended for you and you must not rely on it. You are responsible for complying with the laws that apply to you, including those governing digital assets, mining, energy and taxation.

Changes, availability and corrections

We may change, suspend or discontinue any part of the Service, or this notice, at any time and without notice. We have no obligation to keep the Service available, to update or correct any content, to notify you of errors, or to preserve any data, result, permalink or export.

The version of this notice in force when you use the Service applies. The “last updated” date at the top of this page shows when it last changed.

General

If any provision of this notice is held invalid or unenforceable, it will be enforced to the maximum extent permissible and the remaining provisions will remain in full force. Our failure to enforce any provision is not a waiver of it. This notice is written in English; any translation is for convenience only, and the English version prevails.

Contact

Questions about this notice can be sent to legal@elektron-energy.com.