Effective Date: January 10, 2018
1. Purpose
This AML Policy outlines the requirements all Octaminer users must follow to ensure our cloud mining services are not used for money laundering, terrorist financing, or other illegal activities. By purchasing any Octaminer mining contract, you agree to comply with this policy.
2. Mining Contracts & AML Fees
Each Octaminer mining contract includes a mandatory AML fee. This fee is not deducted from your mining rewards — instead, users are required to make the AML fee payment separately in order to enable their payout.
Important: If the AML fee is not paid, the mining payout will remain withheld until the fee is settled.
Contract Plans:
Aspire Plus Plan – $150 (10 days)
Daily payout: 0.22 BTC
Total after 10 days: 2.2 BTC
AML Fee: 0.5% of contract value
Bronze Plan – $500 (20 days)
Daily payout: 0.25 BTC
Total after 20 days: 5.0 BTC
AML Fee: 1% of contract value
Platinum Plan – $1500 (30 days)
Daily payout: 0.84 BTC
Total after 30 days: 25.2 BTC
AML Fee: 2.2% of contract value
AML fees are mandatory, non-refundable, and must be paid separately before mining payouts are released.
3. User Obligations
All users of Octaminer must:
Provide accurate information when creating and using their account.
Follow Octaminer’s verification steps whenever required.
Ensure that AML fees are paid on time to unlock mining payouts.
4. Prohibited Use
Octaminer strictly prohibits:
Accounts opened with false or stolen identities.
Use of mining contracts for money laundering, fraud, terrorist financing, or any illegal purpose.
5. Monitoring & Reporting
Octaminer may monitor user activity to detect suspicious behavior.
Transactions that appear unusual or inconsistent with normal mining activity may be reviewed.
Suspicious activity may be reported to relevant financial authorities.
6. Agreement to Policy
By using Octaminer services and purchasing a mining contract, you acknowledge and agree to:
Pay the applicable AML fee separately before payout.
Comply with verification requests when necessary.
Accept that payouts will not be released until the AML fee payment is received.
Accept that violation of this AML Policy may result in suspension or termination of your account without refund.
