General Terms and Conditions (Updated 11.11.2018)

1. general - scope of application

1.1 The following General Terms and Conditions apply to all business relations between the customer and ARES Computer Inh. Pascal Papara, hereinafter referred to as "us". The version valid at the time of conclusion of the contract is decisive in each case.

1.2 Deviating, conflicting or supplementary general terms and conditions of the customer shall not become part of the contract, even if they are known, unless their validity is expressly agreed.

2. conclusion of contract

2.1 Our offers are subject to confirmation and non-binding. We reserve the right to make technical and other changes within reason.

2.2 With the order, the customer declares his binding contractual offer. We shall confirm receipt of the customer's order without delay. The confirmation of receipt does not constitute a binding acceptance of the order. The confirmation of receipt may be combined with the declaration of acceptance.

2.3 We are entitled to accept the contractual offer contained in the order within a period of 5 working days after receipt by us. However, we are also entitled to reject the acceptance of the order, for example after checking the creditworthiness of the customer.

3. scope of services

3.1 We shall provide mining hardware for the rental period and shall use it in such a way that the guarantee yield is achieved for the customer. The yield for the customer can never be higher or lower than the guaranteed value. Losses will be borne by us. Surpluses are retained and invested in new technology.

3.2 We guarantee an annual average network availability of 99.9% for the infrastructure of our and/or our partner data centres. If the security of network operation or the maintenance of network integrity is at risk, we may temporarily restrict access to the services as required.

3.3 In all other respects, the scope of services results from the offer information valid at the time of the order, the order form and the monthly special offers valid in each case.

4. Data security

4.1 The customer receives a user ID and a password for the maintenance of his offer. He is obliged to treat this confidentially and is liable for any misuse resulting from an unauthorized use of the password. If the customer becomes aware that the password is known to unauthorized third parties, he must inform us immediately. Should third parties use our services through misuse of the passwords due to the fault of the customer, the customer shall be liable to us for user fees and damages. In case of suspicion, the customer therefore has the option of requesting a new password, which we will then send to the customer. With silver and gold offers, there is also the possibility of 2-factor authentication by telephone or SMS.

5. data protection

5.1 The customer's personal data shall only be collected and used to the extent that it is necessary for the establishment, content or amendment of the contractual relationship.

5.3 We only use the customer's e-mail address for information letters on orders, for invoices and, unless the customer objects, for customer care and, if requested by the customer, for our own newsletters.

5.4 We do not pass on personal customer data to third parties. Excluded from this are service partners, as far as this is necessary for the determination of the fee and for the settlement with the customer.

5.5 The customer has a right to information as well as a right to correction, blocking and deletion of his stored data. If a deletion is contrary to legal or contractual storage obligations or other legal reasons, the data will be blocked.

6. liability

For indirect damages and consequential damages as well as for loss of profit, we shall only be liable to entrepreneurs in cases of intent and gross negligence. In this case our liability shall be limited to the foreseeable damage typical for the contract, max. to 100 % of the annual product rent plus minimum yield.

8. terms of payment

8.1 The current prices, which can be viewed at at any time, apply.

8.2 Depending on the contractual agreement, a one-time, 3-monthly, half-yearly or annual invoice will be issued. The respective rents are to be paid in advance for the entire term.

8.6 Invoices will be sent by e-mail as an attachment. If delivery is requested by letter, we are entitled to charge a reasonable processing fee. In the case of retrospective invoice changes, which are not due to our fault, we are entitled to charge a reasonable processing fee.

9. contract duration/termination/place of performance

9.1 Unless otherwise agreed, the contracts are concluded for a fixed period of time.
The information on this website does not convey an offer of any type and is not intended to be, and should not be construed as, an offer to sell, or the solicitation of an offer to buy, any securities, commodities, or other financial products. In addition, the information on this website does not constitute the provision of investment advice.No assurances can be made that any aims, assumptions, expectations, strategies, and/or goals expressed or implied herein were or will be realized or that the activities or any performance described did or will continue at all or in the same manner as is described on this website.