NOVAPOOL
ONLINE

Last Updated: 16/10/2024

1. Introduction

Welcome to NimiqNovaPool (https://www.nimiqnovapool.com) ("the Pool"). By accessing or using the services provided by the Pool, you agree to abide by these Terms of Use ("Terms"). These Terms form a legally binding agreement between you ("User") and NimiqNovaPool (https://www.nimiqnovapool.com) regarding your use of the Pool's services. If you do not agree with these Terms, you must immediately cease all use of the Pool.

2. Services Provided

The Pool facilitates cryptocurrency mining by allowing Users to contribute "Stake" to mine cryptocurrency. In exchange, Users receive rewards based on their contribution and the Pool’s reward distribution policy.

3. Eligibility

To use the Pool, you must be of legal age in your jurisdiction and legally capable of entering into a binding contract. The Pool does not support Users in jurisdictions where cryptocurrency mining or use is illegal, or where "Staking" is illegal. It is the User’s responsibility to ensure compliance with all applicable laws and regulations.

4. Account Registration

To participate in the Pool, you may stake with your Nimiq.com account through the official Nimiq Wallet: https://www.nimiq.com/wallet/ or through the Nimiq Cryptocurrency Protocol. This site does not provide registration services for Nimiq.com.

5. User Responsibilities

By using the Pool, you agree to:

  • Use the Pool for lawful purposes only and not to engage in any activity that could harm or impair the functioning of the Pool.
  • Not attempt to interfere with or manipulate the Pool’s systems, algorithms, or data to gain unfair advantage or disrupt the service.
  • Provide accurate and truthful information when registering for or using the Pool’s services.

6. Reward Distribution

Mining/Staking rewards are distributed according to the Pool’s reward structure, which may be updated from time to time at the Pool’s discretion. The Pool does not guarantee any specific earnings, rewards, or revenue from your participation in the Pool.

Changes to Fees, Reward Structure and Payouts may be changed at any time without prior notice to you.

7. No Guarantee of Profit or Earnings

The Pool makes no representation or warranty that the User will earn any specific amount of cryptocurrency or other financial return from participating in the Pool. Mining/Staking is inherently risky and is subject to numerous factors, including but not limited to:

  • Market conditions
  • Network difficulty
  • Changes in mining algorithms
  • Electricity and hardware costs
  • Service Disruption

By using the Pool, you acknowledge that there is no guarantee of profitability or any particular reward amount. You are solely responsible for your own equipment, resources, and financial investments used in the mining/staking process.

8. Liability Disclaimer

The Pool provides its services on an "as-is" and "as-available" basis. To the fullest extent permitted by law, NimiqNovaPool (https://www.nimiqnovapool.com) disclaims any and all warranties, express or implied, including but not limited to:

  • The accuracy, reliability, or availability of the Pool’s services.
  • The uninterrupted or error-free operation of the Pool.
  • The security of your account or earnings.

The Pool shall not be liable for any loss of revenue, earnings, rewards, or any other financial losses incurred as a result of using the Pool. This includes but is not limited to losses resulting from:

  • Network or hardware failures
  • Cyberattacks or unauthorized access
  • Market fluctuations or decreases in mining profitability
  • Errors in the Pool’s reward distribution system

You agree that you use the Pool entirely at your own risk and assume full responsibility for any financial or personal consequences arising from your participation.

14. Service Disruption

While the Pool strives to provide reliable and uninterrupted access to its services, the Pool makes no guarantee that its services will always be available, functional, or error-free. By using the Pool, you acknowledge and agree that:

  • The Pool may experience service disruptions, interruptions, or downtime due to technical issues, software or hardware malfunctions, maintenance, updates, or other unforeseen events.
  • The Pool shall not be liable for any losses, including but not limited to, loss of revenue, earnings, rewards, or cryptocurrency resulting from any service disruption or system failure.
  • The Pool does not guarantee that your mining/staking efforts will always result in rewards, nor that the Pool will remain operational at all times.

No assurance is given that the Pool will be free from vulnerabilities, bugs, or errors, and it may be temporarily or permanently discontinued at the Pool’s sole discretion, with or without notice.

By continuing to use the Pool, you accept the risks associated with potential service disruptions and acknowledge that the Pool shall not be held responsible for any financial or personal consequences resulting from such events.

9. Maintenance and Downtime

The Pool reserves the right to perform maintenance or updates that may temporarily disrupt service. The Pool shall not be liable for any loss of revenue, earnings, or rewards during periods of downtime or maintenance, whether planned or unplanned.

10. Changes to the Terms of Use

The Pool reserves the right to modify or update these Terms at any time without prior notice. Any changes to the Terms will be posted on the Pool’s website. Continued use of the Pool after changes to the Terms constitutes acceptance of the updated Terms.

11. Termination

The Pool reserves the right to suspend or terminate your access to the Pool at its sole discretion, without notice, for any reason, including but not limited to violation of these Terms or any illegal activities related to the use of the Pool.

12. Governing Law

These Terms and your use of the Pool shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising from or related to these Terms or the Pool shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].

13. Contact Information

If you have any questions or concerns about these Terms or the Pool, you can contact us at:

Email: -

By using NimiqNovaPool (https://www.nimiqnovapool.com), you acknowledge that you have read, understood, and agree to these Terms of Use.