Terms of Service

01 Parties and acceptance

1. Spearmint Mining is operated by Instant Access [legal entity name, form, and registered address — to be inserted] (the "Operator", "we"). The Operator is located in Pennsylvania, United States.
2. You accept these terms by connecting a worker to a Spearmint Mining endpoint, by submitting a share, or by using the Spearmint Mining pages of this website. There is no account to create and no box to tick; using the service is the acceptance.
3. If you connect hardware on behalf of a company or another person, you confirm you have authority to bind them, and "you" includes them.
4. If you do not agree to these terms, do not connect a worker.

02 Definitions

Spearmint, the network

The decentralised SHA-256 proof-of-work cryptocurrency network and its software, Spearmint Core. It is directed by Instant Access and operated by whoever runs nodes and miners. The Operator does not own the network, does not control it, and does not own every SPMTC.

Spearmint Mining, the service

The mining infrastructure the Operator runs — Stratum servers, a Spearmint Core node, share accounting, reward calculation, and the payout daemon — through which miners may contribute computing power to mining Spearmint blocks.

Miner

A person who contributes SHA-256 computation to the service. A miner is identified by the payout address they mine under, not by a name or account.

Worker

A single hardware connection to the service, named by the suffix after the payout address in the Stratum username (for example spmtc1q….rig01).

Payout address

The external Spearmint address you supply as the first part of your Stratum username. It must be under your control. It is the only place the service will ever send a mining reward.

Share

A unit of proof-of-work submitted by a worker that meets the pool's assigned difficulty. Shares are the only thing a miner submits to the service.

Mining reward

The portion of a block reward (block subsidy plus transaction fees) that the reward methodology attributes to a payout address, after the pool fee.

Pending mining reward

The accounting estimate of mature mining rewards attributed to a payout address that have not yet been included in a payout run. It is not a deposit, not a hosted wallet, and not an account; it exists only until the next payout run in which it qualifies.

Payout run

The automatic, scheduled process in which the service broadcasts a Spearmint transaction paying qualifying pending mining rewards to their payout addresses.

Pool fee

The percentage of block rewards attributable to participating miners that the Operator retains as compensation for operating the mining infrastructure.

Reward methodology

The published rule by which a block reward is apportioned among payout addresses — currently PPLNS, as set out in the Mining Reward and Payout Policy.

03 The service

1. Computing-power contributors collectively mine Spearmint blocks through the service. When a block reward is earned, the service calculates each participating miner's share under the reward methodology and distributes the applicable mining reward to the payout address supplied by that miner.
2. The service consists of: accepting shares over Stratum; building block templates from the Operator's Spearmint Core node; recording shares; calculating reward allocations when the pool finds a block; running automatic payouts; and publishing statistics and exportable share logs.
3. That is the whole of the service. Nothing in these terms grants you anything else.

04 What the service is not

The service is designed so that the following statements are true of the software, not just of this page. If you find the software behaving otherwise, tell us — see section 18.

1. The service does not provide hosted wallets. It does not create a Spearmint address for you, does not hold a private key for you, and never asks for one.
2. The service does not accept deposits of SPMTC, bitcoin, U.S. dollars, stablecoins, or any other asset. There is no address to send anything to. Anything sent to the Operator's operational addresses is not credited to anyone.
3. The service does not transfer value between miners. A pending mining reward cannot be moved to another payout address, assigned, or credited to anyone but the address it was mined under.
4. The service does not exchange, buy, sell, swap, or convert SPMTC or any other asset, and does not provide a market in which you can.
5. The service does not process payments, forward payments, or transmit value on anyone's instruction. The only outbound transactions it makes are payout runs under the published policy.
6. The service is not a bank, savings product, investment account, staking platform, lending or borrowing service, or payment processor, and pays nothing that resembles interest or a return on anything you hold.
7. Nothing on this website is an offer to sell SPMTC, a recommendation to acquire it, or a prediction of its value.

05 Your payout address

1. You are solely responsible for the payout address you mine under. It must be a valid Spearmint address whose private key you control. Do not use an address belonging to an exchange, a custodian, or anyone else.
2. The payout address is your identity on the service. Rewards are always distributed to the address the shares were submitted under. There is no feature to redirect a reward to a different address, and none will be added without the review described in the regulatory change-control list. To use a different address, mine under it; rewards already attributed to the old address are paid to the old address.
3. Payouts are on-chain Spearmint transactions. Once broadcast they cannot be reversed, recalled, or redirected by the Operator or anyone else. If you lose control of your keys, the Operator cannot help you recover them; it never had them.
4. Spearmint Mining will never ask for your private key or recovery phrase. Anyone who does, claiming to be us, is not us.

06 Mining rewards are not guaranteed

1. Whether you receive any mining reward, and how much, depends on factors the Operator does not control and does not promise: whether the pool finds blocks; network difficulty and hashrate; the reward methodology; block validity and whether a found block is orphaned before maturity; coinbase maturity; network transaction fees at the time of payout; and your own hardware, connectivity, and share validity.
2. The Operator does not promise any quantity of SPMTC, any rate of reward, any relationship between your hashrate and your reward over any period, or any dollar or other value for SPMTC. Estimates shown on the dashboard are estimates and are labelled as such.
3. A block the pool finds may be orphaned by the network before it matures. Allocations from an orphaned block are reversed, and a pending mining reward can therefore go down as well as up. The dashboard shows the reason when this happens.
4. If the pool finds no blocks, there are no rewards to distribute. Under PPLNS the Operator does not advance rewards from its own resources.

07 Pool fee

1. Pool fee: 1% of block rewards attributable to participating miners (proposed; final at service opening). The fee is deducted from each block reward before it is apportioned among payout addresses.
2. The pool fee is compensation for operating the mining infrastructure — servers, the node, bandwidth, monitoring, and the people who run them. It is not a fee for transmitting, transferring, or exchanging anything.
3. The Operator may change the pool fee with at least 30 days' notice published at /updates/. A change applies only to blocks found after it takes effect. Continuing to submit shares after the effective date is acceptance of the new fee.

08 Payout policy

1. The Mining Reward and Payout Policy is part of these terms. It sets out the reward methodology, maturity, the payout schedule and threshold, the treatment of orphaned blocks, network fees, inactive addresses, and failed payouts.
2. In summary and subject to that policy: payouts are automatic; a payout run occurs daily; any mature pending mining reward of at least 1 SPMTC is paid in that run; payouts are batched into one transaction and the network transaction fee is deducted pro rata; and an address that has submitted no shares for 30 days is paid any mature pending reward above the network dust limit regardless of the threshold.
3. The threshold exists solely to make distributions operationally practical. It is not a reason for the Operator to retain rewards, and the policy is written so that the Operator does not.

09 Eligibility and sanctions representations

The Operator is a United States person and must comply with U.S. sanctions wherever its servers are. By using the service you represent, each time you submit a share, that:

1. You are not a person designated on the U.S. Treasury Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons List or any other U.S. sanctions list, and are not owned or controlled by such a person.
2. You are not located in, organised under the laws of, or ordinarily resident in a jurisdiction subject to comprehensive U.S. sanctions. At the date of this draft those are Cuba, Iran, North Korea, and the Crimea, so-called Donetsk People's Republic, and so-called Luhansk People's Republic regions of Ukraine. The list follows OFAC and may change; the current list is maintained in the Sanctions / Restricted Persons Policy.
3. You are not using the service in violation of any sanctions or export-control law that applies to you or to the Operator.
4. You are not using a VPN, proxy, or other means to evade the service's country controls.
5. You are at least 18 years old, and mining cryptocurrency and receiving mining rewards is lawful where you are.
6. The Operator may decline shares, block connections, and — where the law requires it — withhold a payout, as set out in the Sanctions / Restricted Persons Policy. The Operator will log such decisions.

10 Acceptable use

1. Do not submit invalid, duplicate, or stale shares deliberately, or otherwise flood the service with work that cannot be credited.
2. Do not attack, probe, or attempt to disrupt the service, the Operator's node, or the Spearmint network through the service — including denial-of-service, block withholding, or selfish-mining strategies directed at the pool.
3. Do not mine under an address you are not authorised to use, and do not use the service to cause rewards to be paid to a person on behalf of whom you are not permitted to act.
4. Do not attempt to circumvent country controls, rate limits, or other technical measures.
5. The Operator may disconnect workers, decline shares, and ban addresses or IP ranges that breach this section. Rewards already attributed under the methodology to a banned address are still paid under the payout policy unless withholding is legally required.

11 Availability and changes

1. The mining service is not yet open. The Spearmint network is pre-launch, the public launch window is under review, and 2027 is the working assumption. See the September 2026 meeting notes. These terms take effect only when published as final with an effective date.
2. Once open, the service may be paused, restricted, or taken offline at any time for maintenance, security, a network fork, or a legal requirement. Shares submitted while the service is unavailable are not recorded.
3. The Operator may change the reward methodology, payout schedule, or threshold with at least 30 days' notice at /updates/, and may make changes without notice where required by law or to protect the network or the service from an active threat. Changes apply to blocks found after the effective time.
4. The Operator may close the service permanently. On closure, all mature pending mining rewards above the network dust limit are paid in a final payout run, and share logs remain exportable for at least 90 days afterward.

12 Taxes

1. You are responsible for determining and paying any tax that applies to mining rewards you receive. The Operator does not give tax advice.
2. If the Operator is required by law to file information returns or to collect information from miners in connection with payouts, it will do so and will publish what it collects and why before it starts.

13 Disclaimers and limitation of liability

1. The service is mining infrastructure. The Operator does not warrant that the pool will find blocks, that found blocks will not be orphaned, that the service will be available at any particular time, that share accounting will be free of error, or that the Spearmint network will launch, continue, or hold any value.
2. The Operator's responsibility to you is to record your valid shares, apportion block rewards under the published methodology, and distribute the resulting mining reward to your payout address under the published policy. If the Operator makes an accounting error, its obligation is to correct the allocation and pay the corrected amount in the next payout run.
3. To the fullest extent the law allows, the Operator is not liable for indirect, consequential, or special loss; for loss of expected rewards; for the value of SPMTC; for loss caused by your hardware, connectivity, or key management; or for the acts of the Spearmint network or third parties.
4. To the fullest extent the law allows, the Operator's total liability to you in connection with the service is limited to the pool fee it retained on rewards attributed to your payout address in the 12 months before the claim.
5. Some jurisdictions do not allow certain limitations. Where that is so, the limitation applies to the extent permitted.

14 Indemnity

1. You will indemnify the Operator against claims, losses, and reasonable costs arising from your breach of section 09 or section 10, from your use of a payout address you were not entitled to use, or from tax or reporting obligations that are yours.

15 Governing law and disputes

1. These terms are governed by the law of the Commonwealth of Pennsylvania and applicable U.S. federal law, without regard to conflict-of-law rules.
2. Courts located in [county — to be inserted], Pennsylvania have jurisdiction over disputes under these terms, subject to any dispute-resolution procedure inserted by counsel below.
3. Before starting any proceeding, you agree to contact the Operator at the address in section 18 and allow 30 days for the matter to be resolved.

16 Privacy

1. The Privacy Policy is part of these terms. It describes the small set of data the service holds — payout addresses, worker names, share records, connection logs, and an optional notification email — and why.

17 Changes to these terms

1. The Operator may revise these terms. Revisions are published at /updates/ and on this page with a new version number and effective date, at least 30 days before they take effect except where a change is required by law or to address an active threat.
2. Submitting a share after the effective date is acceptance of the revised terms. If you do not accept them, stop submitting shares; rewards already attributed are still paid under the payout policy.

18 Contact

1. Mining and network operation support: [email protected].
2. Security reports: [email protected].
3. Legal notices: Instant Access [legal entity name, form, and registered address — to be inserted].

version

0.1 — draft for attorney review

revised

13 September 2026

effective

Not in force