PickAxe Mining Pack features:
- Mining Contract Duration: 0 months.
- No maintenance cost: It is a mining contract with no operating costs (ie no additional costs like electricity, cooling, development and services). When we create PickAxe mining packs we cover all the operating costs.
- You are now involved in the process of making with us. And, the mining hardware that we have is already making coins; Therefore, from the time you purchase the mining packs, you will be paid on an hourly* basis.
- made by using your PickAxe Mining Pack hash power are added to your Bitcoin India wallet at midnight every day(00:30 IST).
- Please be aware that mining payments only come in the form of coins, not in any other form.
- These hourly* based mining payments are designed so that you have no confusion when you calculate your mining payments. Therefore, your hourly based mining payments are 100% transparent. You can find out about this using the mining calculation formula given here: Litecoin calculator
Cancellation Charges:
- If the cancellation of the purchased pack is done within 7days (1st day to 7th day) from the day of purchasing of the pack, then 10% cancellation charges will be applicable of the amount you invested, and only remaining amount (after deducting earned payouts) will be refunded.
- Cancellation after 7th day from the day of purchasing of the pack will not be accepted; however, if user insist for the mining pack cancellation even after the cancellation period is over, then only mining pack will be cancelled and there will not be any kind of refund.
*This Hourly Mining Payments vary and are determined by a "mining confirmation process". This is unpredictable and is not regulated by Bitcoin India, so there may be a difference in your Bitcoin payments.