The terms while mining with Arkonix
Terms and Conditions
These terms and conditions (“T&C”) are applicable for all members and retailers in Arkonix, and you (“You”) or (“Your”) can both become a member (“Member”) and a retailer (“Retailer”) and by accepting these T&C, You agree that You have read and understood the T&C and that Your status as a Retailer in Arkonix shall be subject to the following terms and conditions between You as a Retailer and Arkonix:
Arkonix may modify these T&C at any time. All changes to these T&C will come into effect immediately after implementation of such changes since Your acceptance of the revised T&C will be made via a click-through confirmation or acceptance button when you will log in at Your secure back-office at https://www.arkonix.eu/login. Please review them from time to time since Your continued login at Your Back-Office shall be deemed to be Your acceptance of any such modification. If You do not agree to these T&C, please do not become a Member or apply to become a Retailer in Arkonix.
Become a member and then also Retailer
You have now a possibility to join Arkonix as a Member, hereinafter called (“Member”). The membership requires an initial investment in Arkonix. When you sign up as a member you will have the possibility to become retailer, hereinafter called (Retailer). To become a Retailer is free once you have become eligible as a Member. As a Member you also have the possibility to purchase the products and services that Arkonix from time to time offers to You as a Member, see more under the heading “Available offers for the Members”. If you are a Retailer you are also allowed, but is not required to inform other people and companies about the products and services that Arkonix from time to time offers to all people and companies that become a Member in Arkonix. The Retailer is also allowed to refer and introduce new Members to Arkonix.
PLEASE NOTE THAT YOU ARE ONLY ALLOWED TO INFORM OTHERS ABOUT PRODUCTS AND SERVICES THAT Arkonix FROM TIME TO TIME OFFER TO Arkonix MEMBERS AND REFER AND INTRODUCE NEW MEMBERS TO Arkonix WITH ONLINE ACTIVITIES!
To become a Member and a Retailer, You must be at least 18 years of age and have reached the age of majority in Your state of residence. When You apply to become a Member You need to supply information about the Retailer that has referred You to become a Member. Please note that it is not possible to change the referring Member afterward so please be careful that You write the correct link when applying to become a Member. To become a Member, You must provide accurate, complete and updated registration information, including an accurate name and email address. Members may not (i) select or use an email address of another person; (ii) use a name subject to rights of another person without authorization from that person; (iii) use a false or misleading name, mailing address, or email address to activate or use a Member’s account. By signing up as a Member in Arkonix, You as the Member is opting-in to receive other special offer e-mails from Arkonix and Arkonix’s partners that we from time to time cooperate with. If You do not wish to receive these e-mails, You may cancel Your status as a Member at any time. Your Membership and status as a Retailer is personal and You cannot sell it or transfer Your Membership or status as a Retailer without prior written consent by Arkoinx. Arkonix reserves the right to track Members and Retailer's activity by both IP-address as well as individual browser activity. Arkonix may reject Your Member or Retailer registration or activation without giving any reason for the rejection. These T&C for is on-going from the day when You become a Retailer and will continue until terminated by either You or Arkonix according to what is stated in these T&C, see more under the heading “Termination”. Arkonix does not control the manner in which the Member and Retailer performs under these T&C and the Member and Retailer shall, at all times strict follow the regulations with these T&C and all other policies governing Arkonix’s relationships with the Members and Retailers. Arkonix makes no representations or promises about the amount of sales or bonuses based of the Arkonix products or services that the Retailer will be able to achieve. Furthermore Arkonix does not warrant and makes no representations or promises about that the Retailer’s would be earnings/profit from the mining of any cryptocurrency that the Retailer may in his or her own decision have chosen to purchase from Arkonix. You agree to take such steps as are reasonable to be familiar with national and state prohibitions on marketing through email, facsimile and telephonic devices, and avoid improper solicitation of business. You agree to refrain from making misleading or improper representations concerning Arkonix products and services. You agree that any payment by for any of Arkonix products such as but not limited to Package and the Arkonix product, see under the heading “Available offers for the Members” shall only be processed at billing facilities approved by Arkonix.
Rejection to become a Member or a Retailer
Arkonix may reject Your application to become a Member or Retailer without giving any reason for the rejection.
Access to back-office
As a Retailer in Arkonix You will be allowed to log in at Your back-office at the website https://www.arkonix.eu/login, the (“Back-Office”). In the Back-Office You will find information about Arkonix and the products or services that Arkonix from time to time offers to all Members. From Your Back-Office, You will also be able to purchase the products and services that Arkoinx from time to time offers.
E-Mail: Electronic Notification
When You are approved as a Retailer with Arkoinx, You expressly consent to receive any notices, announcements, agreements, disclosures, reports, documents, communications concerning new products, services, or other records or correspondence from Arkonix. You consent to receive notices electronically by way of transmitting the notice to You by e-mail.
Introduce and Refer Members and Retailers
As a Retailer You can introduce and refer new Members and Retailers to Arkonix. PLEASE NOTE THAT Arkonix DOES NOT GIVE ANY KIND OF REWARD, BONUS, COMMISSION OR COMPENSATION, FOR REFERRING NEW Members or Retailers TO ARKONIX. The only way You as a Retailer can be rewarded is if You or any of the Retailers You have direct or indirect referred to Arkonix acquires any product or services from Arkonix.
Proprietary rights in websites
All content included on the websites https://arkonix.eu, hereinafter called the (“Website”), including the brand Arkonix any variation of the brand Arkonix, videos, graphics, designs, text, pictures, applications, software and other files are the proprietary property of Arkonix., hereinafter called (“Proprietary Property”) and belongs to Arkonix. You may not modify, copy, distribute, frame, republish, display, post, transmit, download or sell any Proprietary Property, in any form or by any means, in whole or in part, without Arkonix ́s s prior written consent. You may not upload or republish Proprietary Property on any Internet, Intranet or Extranet site or incorporate the information in any other database or compilation. Any use of the Proprietary Property without the prior written consent from Arkonix, is strictly prohibited and will terminate Your rights as a Retailer and any unpaid and future Bonuses according to these T&C will be forfeited and legal proceedings may be taken against You. Such unauthorized use may also violate applicable laws including copyright and trademark laws and applicable communications regulations and statutes. Unless explicitly stated herein, nothing in these T&C shall be construed as conferring any license to intellectual property rights, whether by implication or otherwise.
The names Arkonix that is used in graphics, logos, designs, page headers, button icons, scripts and service names are registered trademarks of Arkonix, hereinafter called (the “Trademarks”). All rights are reserved. All such Trademarks may not be copied or used in any manner without the prior written consent of Arkonix. You hereby declare that You are familiar with Arkonix’s Proprietary Property and are not permitted to file for registration any of the Proprietary Property, including names, tag lines, slogans, trademarks, logos, designs, domain names, imagery, or copyrighted material substantially similar to Arkonix’s Proprietary Property.
You are prohibited, without prior written consent by Arkonix, from advertising in any way, shape or form that includes the names Arkonix, Arkonix or any variation thereof. This includes, but is not limited to advertising, promotions of any kind or any advertising links in social forums, such as but not limited to blogs, social forums or other marketing methodology designed to promote to become a Retailer of Arkonix. However You are allowed to use marketing material that can be found in Your Back-Office, including your referrer link as a Retailer to promote the possibility to become a Retailer of Arkonix User for any of the products or services that Arkonix from time to time offer the Retailers, in places that are directed to your personal known friends and contacts, the so called warm market.
Arkonix prohibits the marketing practice commonly referred to as "Spam". All messages that originate from You as a Retailer must comply with all applicable laws in Your jurisdiction as well as with general spam regulations. In the event of any validated report of "Spam" by You, Arkonix may, at its sole discretion and without prior notice, terminate or suspend Your Retailer account, and in the case of termination, You will forfeit any unpaid and future bonuses and future mined cryptocurrency. Arkonix defines "Spam" as: Electronic mail messages addressed to a recipient with whom the initiator does not have an existing business or personal relationship or is not sent at the request of, or with the express consent of, the recipient; Messages posted to forums and message boards that are off-topic (unrelated to the topic of discussion), cross-posted to unrelated newsgroups or forums, or posted in excessive volume; Solicitations posted in forums, on walls, private messaging or chat rooms, or to groups or individuals via Chat or "Instant Messaging" system; Arkonix will evaluate each validated abuse incident on a case-by-case basis and will, at its sole discretion and with or without notice, suspend Your account and/or terminate it, with forfeiture of any unpaid and future Bonuses. Note that You agree and accept that Arkonix will not be liable for any damages incurred in relation to e-mails sent out by You as a Retailer. The Retailer is required to be responsible for their own communications and their conformance to these T&C.
Solicitation, Earnings and Advice Disclaimer
Arkonix is not responsible for any errors or omissions contained in any disseminated content at the Website, nor liable for any loss incurred as a result of using the content of the webpage in any way. Arkonix has not solicited You, not give You any personalized investment advice. Arkonix’s employees will answer Your general customer service questions. Anyway, they will not give you specific investment advice, as they are not licensed under securities laws to deal with Your particular investment situation. Communication by our employees is only in effect to give you technical support. Provided Information on the website should not cause to make investment decisions. Furthermore, Arkonix has not made any statement, warrants or guarantees that You will earn any money on any purchased product or services from Arkonix and the result of the mining is a result outside the control of Arkonix and You will get the result according to these T&C. Before You decide if you want to apply to become a Member or Retailer of Arkonix and then, by Your own decision, decide whether You want to purchase any product or service from Arkonix, You should consult competent, professional help and read all available information or public company information in regards to Arkonix. If the information You find contains predictions, expectations, beliefs, plans, assumptions or future income potential, this may not be statements of historical fact and may be “forward-looking statements. “Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results to differ materially from those presently anticipated. Most forward-looking statements include using the following words: “expects“, “will,“ “anticipates,“ “estimates,“ “believes,“ “may,“ “could,“ or “might“.
Refund and Cooling off period
If You chose to purchase any product or service package from Arkonix you have a 7 days cooling off period, also called grace period, which means that you can regret Your purchase of the services or products you have purchased from Arkonix and get a refund as long as You haven't used the product or service You have purchased. YOU ARE AWARE AND ACKNOWLEDGE THAT YOU HAVE TERMINATE THE COOLING OFF PERIOD WHEN YOU HAVE LOGGED IN AT YOUR BACK-OFFICE WHERE YOU GET ACCESS TO ANY CRYPTOCURRENCIES THAT YOU HAVE GOT MINED ACCORDING TO THESE T&C AS IT THEN WILL BE CONSIDERED AS YOU HAVE USED THE PRODUCT IN FULL AND YOU WILL NOT BE ABLE TO GET A REFUND FROM ARKONIX NOR WILL WE ACCEPT ANY CHARGEBACK AFTER THAT POINT.
The contract is valid from the day when Arkonix accepts You to become a Member of Arkonix and is also applicable if You chose to become a Retailer and will continue until any of the parties terminate according to what is stated in the section “Termination”.
Know Your Customer
Due to the protection of Arkonix, Arkonix can at any time, at their own decision, ask You to provide a copy of Your passport and a copy of a utility bill that is not older than 90 days and shows Your address. This request is called (“KYC Request”). You are aware and accept that You will be asked to provide accepted KYC documents before You can withdraw payouts or any type of bonuses to yourself or to a third party that is licensed to handle such information and makes any payment in cash. If a KYC Request is required, then You will not be able to proceed to any withdrawal until You have provided acceptable documents.
Violation of the T&C
If You violate these T&C or if You act in a way that Arkonix thinks is not appropriate or if You misuse any of the information given to You prior to disclosed to the public or in any way misrepresent Arkonix, slander, spread gossip, make statements or otherwise say or write things that can harm the reputation of Arkonix or Arkonix as a company or any employees, consultants, third party suppliers or individuals associated with Arkonix, You are aware that Arkonix can suspend and/or terminate Your status as a Member and Retailer and also reserves the right to take legal action against You for any damage You have caused Arkonix.
Suspending You as a Retailer
If You breach these T&C or if Arkonix suspects that You breach these T&C, Arkonix can suspend You as a Member and Retailer which means that Arkonix will temporarily disable Your access to the Back-Office and temporarily disable Your access to all content, news and possibility to have any benefit from any product or service you may have purchased until Arkonix takes a final decision to either terminate or resuming Your status as a Member or Retailer. Termination of Your status as a Retailer will have consequences that can be found under the section “Termination of Your status as a Retailer”. Resuming Your Retailer status will restore Your access to the Back-Office services and to all information that You were entitled to see before the suspension. If You are suspended, Arkonix also reserves the right to freeze Your Bonuses and Points until the investigation is finalized. Please note that in case You are suspended as a Member and Retailer You will not be allowed to refer any new Members to Arkonix. During the time of suspension You will NOT be allowed or entitled to any bonus, mining of cryptocurrency, nor will you be compensated in arrears for any loss of any kind, including but not limited to loss of bonuses or mined cryptocurrency.
Termination of Your status as a Retailer
You can at any time terminate Your status as a Member and Retailer by sending an e-mail to firstname.lastname@example.org. Arkonix can at any point take a decision to terminate Your status as a Member and/or Retailer without giving any reason for the termination. The termination will be effective immediately. Arkonix reserves the right to terminate Your status as a Member and Retailer in order to comply with applicable laws, protect its property or the property of others, ensure the safety of Arkonix and others or if Arkonix reasonably determines that a registrant has or is likely to engage in any activity that violates these T&C for Members and Retailers. Once the termination has been carried out, this is displayed on the start page in the back-office of the Retailer. Arkonix will also send You an automatic notification of termination by e-mail to the e-mail address that You have registered with Arkonix. In the event of termination, neither the hardware where any mining has been performed will be delivered to the Retailer, nor will any unused mining capacity be reimbursed and in case of any made prepayment, the prepayment will be reimbursed.
In the event of any violation or breach of these T&C, Arkonix without prejudice to any other rights and remedies at law or in equity, reserves the right to take any action it deems appropriate, including but not limited to issuing warning letters, suspending or terminate You as a Member and Retailer and pursue litigation or other legal actions. Furthermore Arkonix has zero tolerance for unprofessional behavior that can in any way, shape or form directly or indirectly harm Arkonix or the companies that Arkonix from time to time cooperates with. Legal action will be taken against those Members and Retailers for any loss of income or any other damage or financial loss caused to the Arkonix or the companies that Arkonix from time to time cooperates with. Any Retailer caught smearing the name of Arkonix – whether it’s directly or indirectly - or in anyway misrepresents Arkonix or the companies that Arkonix from time to time cooperates with will also be subject to legal action from Arkonix and/or the companies that Arkonix from time to time cooperates with. Arkonix shall be the sole determiner in cases of suspected abuse, fraud, violation of its rules, unprofessional behavior, smearing or misrepresenting Arkonix. Any decision Arknoix makes relating to the cancellation of potential Bonuses and the suspension or termination of the status as a Retailer shall be final and binding.
Forfeit of Bonuses and mining of cryptocurrencies
If the Retailer loses the status of a Member or Retailer due to a violation of these T&C or if the Retailer does not provide acceptable documents according to a KYC Request within 2 weeks from the KYC Request was sent to You, see more under the heading “Know Your Customer”, all rights to current and future bonuses including entitled rewards and bonuses that are in the Points Account are forfeited and the Retailer cannot claim any right to the forfeited bonuses, points or rewards.
Withhold of Bonuses and mining result of cryptocurrencies
If the Retailer for any reason whether it is a fault of Arkonix, hacker attack or otherwise, makes that the Retailer receive more bonus, commission or mining result from the cryptocurrency mining, You agree and accept that Arkonix deduct not withdrawn bonuses and crypto coins as well as withholding any future mining result of crypto-currencies, bonuses, commission or other rewards according to the bonus and reward system
Limitations Waiver of Liability
You acknowledge and agree that, to the fullest extent permitted by any applicable law, you will not hold any employees, consultants, third party suppliers or individuals associated with Arkonix liable for any and all damages or injury whatsoever caused by or related to use of, or inability to use, cryptocurrencies or the Arkonix Website and back-office under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that none of the third parties or individuals associated with Arkonix shall be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data, in any way whatsoever arising out of the use of, or inability to use crypto currencies. You further specifically acknowledge that the third parties or individuals associated with Arkonix are not liable, and you agree not to seek to hold any of the third parties or individuals associated with Arkonix liable, for the conduct of third Parties, including mining of Cryptocurrencies, and that the risk of mining and using Cryptocurrencies rests entirely with you. Arkonix reserves the right to assume the exclusive defense of any claim for which Arkonix is entitled to indemnification under this section. In such event, You shall provide Arkonix with such cooperation as is reasonably requested by Arkonix.
Legal & Tax compliance
You are subject to all laws of the state, province and/or country in which You reside and from which You access Arkonix’s website and You are solely responsible for obeying those laws. The Retailer is not an employee of Arkonix, nor any associated company and must not claim to be so. The Retailer is responsible for all taxes and fees based on all the bonuses, mined cryptocurrencies, cryptocurrencies received from the bonus system of Arkonix. In case that Arkonix will be liable for any tax or fee based on your bonuses, Promotion Codes, mined cryptocurrencies and other remunerations to You as a Retailer, You agree and accept to indemnify and hold Arkonix harmless for this and accept that Arkonix can claim liability and withhold already generated and future bonuses, already mined and future mined cryptocurrencies, Promotion Codes, and other remunerations to cover any payment of taxes or fees for the Retailer. Arkonix prefers that the Retailer apply to become a Retailer as a company. If any government entity determines the Retailer is subject to wage withholding, the Retailer agrees to form a company (or to execute such paperwork or take such actions as is reasonable to establish that the Retailer is not an employee of Arkonix or Arkonix will have the right to terminate this agreement forthwith upon written notice. If the Retailer forms a company, then upon request by Arkonix the Retailer shall provide documentation that a company has been formed and is in good standing with government entities. If the Retailer forms a company, then all commissions under these T&C from Arkonix to the Retailer shall be made payable to the Retailer’s company. Otherwise, payments shall be made payable to the trade or business name of the Retailer. If any government or authority demands that Arkonix pays any tax, fee, social insurance, VAT on Your purchased product or service or insurance contribution on behalf of the Retailer or in regards to the product and/or services the Retailer has purchased from Arkonix, You agree that Arkonix withholds these taxes and fees from You from already received and future bonuses, promotion codes and mined crypto currencies. If Arkonix suspects that You breach against any law e.g. use a stolen credit card or otherwise makes a fraud or an attempt to fraud, Arkonix can with immediate effect suspend Your status as a Retailer, block all Your bonuses and take other legal action against You without further notice. You agree that Arkonix cannot be held liable if laws applicable to You restrict or prohibit Your participation. Arkonix makes no representations or warranties, implicit or explicit, as to Your legal right to offer the products that Arkonix from time to time offers, nor shall any Retailer, or claiming affiliation, with Arkonix have authority to make any such representations or warranties. Arkonix reserves the right to monitor the location from which You access Arkonix’s Websites and to block access from any jurisdiction in which participation is illegal or restricted.
As a Member and Retailer, You hereby accept and warrant that You have an understanding of the usage and intricacies of cryptographic tokens, such as BTC (Bitcoin) and another blockchain- based software systems. Furthermore, You accept and warrant that You are legally permitted to generate and mine Cryptocurrencies, direct or indirect via a third party as Arkonix, in Your jurisdiction. You also accept and warrant that You waive Your right to participate in a class action lawsuit or a wide-reaching arbitration or court case against Arkonix or any entity affiliated, private individuals, employees, consultants, third party suppliers or other people or entities associated or connected with Arkonix. You further accept and warrant that You take sole responsibility for any restrictions and risks associated with the Generation of mined coins as explained in the risks section below. Further, You accept and warrant that You are not exchanging cryptocurrencies for the purpose of speculative investments, nor for any illegal purpose within your jurisdiction. You accept and warrant that you understand that there is no guarantee whatsoever on crypto coins, mining express or implied, to the extent permitted by law, and that cryptocurrencies are mined on an “as is“ basis.
Before applying to become a Member or Retailer of Arkonix carefully consider the exemplary and non-exhaustive list of risks set forth below and, to the extent necessary, consult a lawyer, accountant, and/or tax professionals prior to agreeing to become a Member, Retailer and purchasing any product or services from Arkonix. 1. Risk of Faintness in the generation of Coins pertaining to blockchain, and/or the Cryptocurrency Mining software is itself based on a proven platform: There is a risk that, as an open source project, any contributor to the Network could inadvertently introduce weaknesses or bugs into the software, causing the loss of mined coins in one or more or even all of the accounts that Arkonix holds. 2. Risk of unforeseen attack vectors The field of digital cryptocurrency and cryptography is very new and for this reason, there is a risk of unforeseen attacks both in terms of the underlying cryptographic protocol that backs the functioning of the generated coin, as well as the interest of accessing to the wallets where the mined coins are stored. Both these vectors represent a risk that could lead the loss of the used cryptocurrencies in one or more or even all of the account that Arkonix holds even though Arkonix will always use all of its technological capability to avoid this from happening. 3. Regulatory risks Blockchain technology, mining of cryptocurrencies and cryptocurrencies itself are allowing new forms of interactions between individuals and/or companies, some of them are still to be imagined and implemented. Like with the appearance of cryptocurrencies such as Bitcoin, it is very likely that specific regulations will be set in different jurisdictions targeting blockchain technology and mining. These regulations may or may not be partner-friendly and some might even forbid any relationships between an individual or company and Arkonix.
Disclaimer of Warranties
You expressly agree that You are mining crypto coins at Your sole risk and that mined crypto coins are generated on an “as is” basis without warranties of any kind, either expressed or implied, including, but not limited to, warranties of title or implied pledges, merchantability or fit for a particular purpose (except only to the extent prohibited under applicable law with any legally required warranty period to the shorter of thirty days from first use or the minimum period required). Without limiting the foregoing, none of third parties or individuals associated with the generation warrant that the process for purchasing crypto coin will be uninterrupted or error-free.
Availability, Viruses, Warranty Disclaimer
Due to the nature of the Internet and computer systems, Arkonix cannot be held liable for the continuous availability of the Website. Although Arkonix makes every endeavor to keep the Websites accessible and free from viruses, Arkonix cannot make any guarantee that it is a virus-free. You shall, for Your own protection, take the necessary steps to ensure appropriate security measures and shall utilize a virus scanner before downloading any information, software or documentation. The Arkonix website and may be unavailable from time to time for maintenance or other reasons. Arkonix assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to, or alteration of, user communications or content. Arkonix is not responsible for any technical malfunction or other problems of any telephone network or service, computer systems, servers or providers of any of the before mentioned, computer or mobile phone equipment, software, on account of technical problems or traffic congestions on the internet or at the Arkonix website, including injury or damage to User's or to any other person's computer, cell phone or other hardware or software, related to or resulting from using or downloading materials in connection with the Websites. All information and services included in or available through the Websites are provided "as is" and "as available" for Your personal, non-commercial use. Neither Arkonix, nor any of its employees, agents, content providers, service providers, or licensors, makes any warranty of any kind regarding the website and/or the content contained therein, the products or services available on or through the website, the results that may be obtained from using the Websites. Arkonix disclaims all warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose or non-infringement. Arkonix expressly disclaims all warranties that the content of the website is accurate, reliable or correct; that the website will be available at any particular time or location, will be uninterrupted, timely, secure or error-free; that any defects or errors will be corrected; or that the content is free of viruses or other harmful components. Your use of the Arkonix website is solely at Your risk. You download or otherwise obtain content, material data or software (including any mobile user) from or through the Arkonix website or service at Your own discretion and risk and You will be solely responsible for Your use thereof and any damages to Your cell phone or computer system, loss of data or other harm of any kind that may result. Because some jurisdictions do not permit the exclusion of certain warranties, these exclusions may not apply to You. To the extent that we may not disclaim implied warranties as a matter of applicable law, the scope and duration of such warranty shall be the minimum required under such applicable law.
These terms and conditions shall be governed by the extensive laws of Switzerland.
Statute of Limitations
Regardless of any statute or law to the contrary, any claim or cause of action arising out of or relating to these T&C must be filed within six (6) months after such claim or cause of action arose or be forever barred.
Available offers for the Members
As a Member of Arkonix You have the possibility to purchase the products and services that Arkonix offers. The products and Services may differ from time to time. Becoming a Retailer If you decide You can become a Retailer for Arkkonix which will give You the possibility to inform other people and companies about the products and services that Arkonix from time to time offers to all people and companies that become a Member of Arkonix. The Retailer is also allowed to refer and introduce new Members to Arkonix. If You refer a new Member that also become a Retailer You are not entitled to any compensation, bonus or any other kind of rewards because Arkonix does not pay or reward You for recruiting, introducing or referring new Members or Retailers to Arkonix. However if any of the Members You directly or indirectly have referred to Arkonix also purchase any product or service from Arkonix You will be entitled to be rewarded for that due to the applicable bonus and reward plan for the different products and services, please see more under the heading “Bonus and rewards system for sold products and services.” The cost to become a Retailer is free and only requires active membership. Purchase one or several mining package As a Member and Retailer You have the possibility to purchase the right to get mining capacity crypto coins. There are several different crypto coins that can be mined and below You can see the cost for each mining capacity package, (the “Packages”). You can also see how much hash power each Package will give You in mining capacity. Further You can see how many points You will be rewarded with according to the bonus and reward system for sold mining capacity packages that is purchased by any Member or Retailer that You direct or indirect has introduced or referred to Arkonix. Available mining package units The mining package units cost from $50 to $4800 and will give You the right to receive any crypto coin that is mined with the capacity that You have purchase the right to according to the below schedule. You can choose both the Package that suits Your financial budget in regards to the risk that the mining of crypto coins has which has been explained several times in these T&C. If You do not have afford to lose all the money for Your chosen Package, Arkonix strongly advise You NOT to purchase any Package from Arkonix. Please note that all Packages are subject to the deduction of maintenance fees as described below. The Packages that from time to time are available can be found here https://www.arkonix.eu/pricing The Package you choose will give You the right to a certain mining capacity that will give You a certain hash rate, also known as hash power to mine the crypto-coin You have chosen as the preferred crypto coin to mine. The hash rate that You will benefit from is equal to Fifty percent of the hash power that You have purchased in Your Package. The reason for that is that you contribute with this to the maintenance, replacement, running, marketing and administrative fees of the company, in such a way as to secure Arkonix’s long-term profitability. Pay-out of the result of the crypto coin mining is normally paid out on a daily basis and for those days when you are entitled to receive the result of the mining but for various reasons it is not possible to pay-out, the result will be accumulated and paid-out as soon as possible. Withdrawals can be requested on a weekly basis and are subject to deduction of eventual transaction fees which Arkonix may deem necessary to apply. The Packages described above may sometimes be out of stock and in such case You will see that before You make a purchase and You will then come on the list of pre-orders which will give you the right to have the certain has rate for Your preferred crypto coin when the hash rate is in stock again. If more than 3 months has passed from You made Your pre-order and still no hash rate is available in stock for You, You can cancel Your order and ask for a refund of Your money.