Effective Date: May 20, 2026 Company: Minerium Inc. Website: https://minerium.com Support: support@minerium.com Business Inquiries: business@minerium.com

These BBP Terms and Product Rules apply to BBP, Bitcoin Block Panning, BBP passes, panning sessions, mining access units, prospector entries, mining rounds, block discovery participation, BBP checkout, BBP records, and any related BBP product or service offered by Minerium Inc.

These BBP Terms are part of Minerium’s broader Terms of Service, Privacy Policy, Risk Disclosure, Refund Policy, checkout acknowledgments, and any other written rules or agreements that apply to your use of Minerium.

By creating an account, purchasing a BBP pass, joining a panning session, making a payment, connecting or providing a wallet address, or using any BBP-related service, you agree to these BBP Terms.

If you do not agree, do not use BBP.

1. What BBP Is

BBP stands for Bitcoin Block Panning.

BBP is designed as defined access to Bitcoin proof-of-work mining participation through configured mining sessions. A BBP pass or session may provide access to a defined quantity, duration, configuration, or other unit of participating Bitcoin mining capacity according to the rules shown at checkout or in the user dashboard.

BBP is intended to simplify access to solo-style Bitcoin mining participation without requiring a participant to purchase ASIC hardware, operate a mining facility, manage firmware, obtain power, configure mining software, or maintain mining infrastructure.

2. What BBP Is Not

BBP is not:

1. A purchase of Bitcoin.
2. A hosted Bitcoin wallet.
3. A Bitcoin custody account.
4. A brokerage account.
5. An exchange account.
6. A staking product.
7. A yield product.
8. A savings account.
9. A pooled investment fund.
10. A cloud-mining contract promising projected returns.
11. A securities offering.
12. A guarantee of profit, Bitcoin, payout, reward, block discovery, or return.
13. A lottery, raffle, wager, betting product, or random drawing.

A BBP participant pays for access to a defined mining session. The participant may receive nothing if the applicable mining session does not correspond to a valid Bitcoin block discovery under Minerium’s published rules.

3. No Guaranteed Outcome

Bitcoin mining is competitive and uncertain.

No BBP pass, panning session, mining access unit, prospector entry, mining round, dashboard display, hashrate reference, capacity reference, probability explanation, marketing example, or support statement guarantees that a participant will receive BTC or any other payout.

A participant may receive nothing.

Past performance, platform examples, screenshots, charts, demonstrations, or educational explanations do not guarantee future results.

4. Approved BBP Language

Minerium may use the following BBP terminology:

1. BBP.
2. Bitcoin Block Panning.
3. Panning session.
4. Mining access unit.
5. Prospector entry.
6. Mining round.
7. Block discovery participation.
8. BBP pass.
9. Defined mining session.
10. Solo-style mining access.

Users, affiliates, contractors, vendors, or partners should not describe BBP using misleading terms such as lottery, gambling, bet, wager, play, jackpot, guaranteed win, prize pool, staking yield, passive income, guaranteed return, or similar language.

5. Session Configuration

Each BBP product may define session parameters such as:

1. Price.
2. Start time.
3. End time.
4. Duration.
5. Mining access quantity.
6. Capacity source or pool relationship.
7. Session assignment method.
8. Eligible block window.
9. Network or mining pool rules.
10. Confirmation requirements.
11. Reward handling rules.
12. Refund or cancellation rules.
13. Payout wallet requirements.

BBP configurations may vary. Examples, illustrations, screenshots, marketing explanations, or educational materials do not override the specific rules shown at checkout or in the applicable product rules.

6. Capacity Discipline and Availability

Minerium intends to align BBP availability with available participating mining capacity and product configuration.

If demand exceeds available capacity, Minerium may cap sales, queue availability, change future session offerings, pause checkout, cancel unconfirmed sessions, or adjust product availability.

Minerium does not describe BBP supply as unlimited. Availability may depend on mining capacity, pool operations, technical readiness, partner arrangements, payment processing, risk controls, compliance review, or system availability.

7. Payment Methods

BBP purchases may be payable through supported payment methods displayed at checkout.

Supported payment methods may include USD payment rails, USDC on Base, Coinbase Business-supported workflows, Coinbase Developer Platform-supported workflows, payment links, invoices, approved internal gateways, or other payment methods enabled by Minerium.

Stripe references, if any, in older materials are superseded by the current checkout instructions and these BBP Terms. Minerium may remove, replace, or change payment processors at any time.

A BBP order is not final unless Minerium confirms that payment was received, matched, verified, and recorded against the correct BBP checkout or order record.

8. Coinbase and Third-Party Payment Providers

Minerium may use Coinbase Business, Coinbase Developer Platform, Base network tooling, blockchain infrastructure providers, banks, accounting tools, monitoring tools, hosting providers, fraud-prevention providers, and other third-party vendors.

Coinbase and any related Coinbase services used by Minerium are third-party service providers.

Unless Coinbase gives express written confirmation, Coinbase does not sponsor, endorse, approve, validate, license, legally clear, or guarantee Minerium, BBP, Bitcoin Block Panning, any BBP session, any mining-related result, or any Minerium legal, securities, gaming, custody, money-transmission, or tax position.

Third-party service interruptions, delayed confirmations, blockchain congestion, wallet-provider outages, bank delays, payment-processor holds, risk reviews, or compliance reviews may delay, suspend, or prevent payment processing, settlement, refunds, or payouts.

9. USDC and Blockchain Payment Rules

If USDC payment is offered, the checkout screen will specify the supported network, amount, address, expiration time, and any other instructions. You must send the exact supported asset on the exact supported network.

For example, if checkout specifies USDC on Base, you must send supported USDC on Base only.

Do not send unsupported tokens, bridged assets, wrong-chain assets, testnet assets, NFTs, unsupported stablecoins, or assets on a different chain.

Minerium may reject, delay, manually review, or be unable to recover payments that are sent incorrectly.

Blockchain network fees, gas fees, exchange withdrawal fees, wallet fees, bridge fees, and similar costs are your responsibility unless Minerium expressly states otherwise.

Blockchain transactions are generally irreversible. Minerium is not responsible for losses caused by incorrect user instructions, wrong-network transfers, unsupported assets, user wallet errors, exchange withdrawal delays, or blockchain-level issues outside Minerium’s control.

10. Payment Confirmation, Order Creation, and Session Start

A payment may require one or more internal or external confirmations before a BBP order is created, marked paid, settled, running, completed, or otherwise activated.

Minerium may use internal order IDs, checkout intent IDs, checkout session IDs, transaction hashes, Coinbase IDs, third-party payment IDs, wallet addresses, reconciliation records, and other references to match payments to orders.

A blockchain transaction broadcast alone does not guarantee order acceptance. Minerium must be able to verify and match the payment under the applicable rules.

Minerium may delay or reject an order if payment is late, underpaid, overpaid, sent on the wrong network, sent from a restricted source, flagged by risk controls, associated with suspicious activity, or not properly matched to the checkout record.

11. Block Discovery and Reward Eligibility

A BBP participant may be eligible for a BTC reward only if all applicable conditions are satisfied, including:

1. The participant purchased a valid BBP session.
2. Payment was received, verified, and matched to the correct order.
3. The BBP session was active and eligible under the product rules.
4. The session is tied to a valid Bitcoin block discovery under Minerium’s published rules.
5. Minerium verifies the block event, mining records, session records, timing, assignment, and payout eligibility.
6. Required Bitcoin network confirmations occur.
7. The participant has provided a valid eligible payout wallet.
8. Minerium completes required compliance, fraud, sanctions, tax, accounting, and internal approval checks.
9. No violation, dispute, chargeback, prohibited conduct, technical error, exploit, or product-rule issue applies.

If these conditions are not met, Minerium may deny or delay reward processing.

12. Reward Amount and Transaction Fees

The reward structure for a BBP session will be governed by the then-current published BBP product rules.

Minerium may define whether the eligible participant receives the Bitcoin block subsidy, whether transaction fees are retained by Minerium or another party, whether pool-level fees apply, whether mining pool rules affect settlement, and whether any deductions, confirmations, or compliance checks apply.

Do not rely on older explanations, drafts, videos, emails, presentations, or website content if they conflict with the current published BBP rules.

13. Reward Payout Method

If a participant becomes eligible for a BTC reward, Minerium’s preferred design is settlement to a predesignated user-controlled Bitcoin wallet after verification, confirmations, and required checks.

Minerium should not be understood as a consumer Bitcoin wallet provider. Minerium does not promise to hold ongoing BTC balances for BBP users unless a separate written custody, wallet, or account agreement expressly states otherwise.

Minerium may require the participant to provide, verify, or reconfirm a BTC wallet address before payout. Incorrect wallet addresses may cause permanent loss. Minerium is not responsible for losses caused by user-provided incorrect wallet information.

14. Manual Review Before Automated BBP Reward Payouts

Before any BBP reward is distributed, Minerium may require a documented review covering:

1. Eligible participant verification.
2. Mining session verification.
3. Block discovery verification.
4. BTC amount due.
5. Transaction approval.
6. Tax and accounting categorization.
7. Compliance checks.
8. Payout record.
9. Customer notification record.

Minerium may require manual review before enabling or executing any automated BBP reward payout. Minerium may pause reward payout automation if risk, accounting, legal, compliance, or technical issues arise.

15. Cancellations, Expiration, and Failed Sessions

A BBP session may expire, fail to activate, fail to match payment, be cancelled, be rejected, or end without payout for reasons including:

1. Payment not received in time.
2. Payment underpayment or overpayment.
3. Wrong network or wrong token.
4. Unsupported wallet or exchange issue.
5. Session capacity unavailable.
6. System maintenance.
7. Payment processor outage.
8. Mining pool or infrastructure outage.
9. Compliance or risk review.
10. User account restriction.
11. Technical error.
12. Product-rule violation.

If no valid block discovery is tied to the eligible session, the session ends and no BTC payout is owed.

16. BBP Refund Policy

Unless otherwise stated at checkout, completed or consumed BBP sessions are generally non-refundable.

Minerium may consider a refund, replacement session, credit, or correction if:

1. Minerium received payment but did not provide the purchased session due to a verified Minerium system error.
2. Duplicate payment occurred and can be verified.
3. Payment was received after expiration and Minerium can safely identify and return or credit it.
4. Minerium cancels a session before activation.
5. Applicable law requires a refund.

Minerium may deny refund requests involving wrong-network transfers, unsupported assets, user wallet errors, expired checkout instructions, completed sessions, no-block outcomes, chargeback abuse, fraud concerns, or violations of these BBP Terms.

For crypto payments, refunds may require a separate blockchain transaction and may be reduced by network fees, processor fees, conversion costs, or unrecoverable costs where permitted.

17. Chargebacks, Reversals, and Payment Disputes

If you initiate a chargeback, reversal, bank dispute, payment-provider dispute, or blockchain-related claim after receiving a BBP session, Minerium may suspend your account, cancel pending sessions, withhold payouts, require additional verification, or pursue recovery of amounts owed.

A disputed, reversed, or failed payment may make the associated BBP order invalid, even if the session was temporarily shown as paid or active.

18. User Wallet and Tax Responsibilities

You are responsible for:

1. Providing a compatible BTC payout wallet if required.
2. Ensuring the wallet address is correct.
3. Maintaining your own private keys or wallet access.
4. Understanding tax consequences of BBP purchases and any BTC received.
5. Keeping records of payments, rewards, wallet transactions, and tax basis.
6. Providing tax or compliance information requested by Minerium.

Minerium may issue tax forms, reports, or information where required or appropriate, but Minerium does not provide personal tax advice.

19. Miner and Hash-Provider Separation

BBP participant rewards are separate from payments made to miners, hash providers, vendors, contractors, or mining-capacity partners.

Miner or hash-provider payments may be fixed, variable, contract-based, invoice-based, reimbursement-based, bonus-based, revenue-share-based, or settlement-based depending on the applicable written agreement.

Minerium may pay miners or hash providers using USD, USDC, BTC, bank rails, Coinbase Business, or other approved methods only after the payment structure, payee, period, formula, asset, destination, approval record, and accounting treatment are documented.

A BBP participant does not acquire ownership of mining hardware, miner contracts, pool accounts, hash-provider contracts, or Minerium infrastructure unless a separate written agreement expressly states otherwise.

20. Mining Pool and Infrastructure Rules

BBP may rely on Minerium-operated mining pool services, third-party mining pools, hash-provider arrangements, mining workers, dashboards, APIs, logs, or other infrastructure.

Minerium may modify pool routing, hashrate sources, partner arrangements, infrastructure, session logic, and technical systems as needed to operate BBP, maintain capacity discipline, improve reliability, respond to risk, or comply with legal or vendor requirements.

Minerium may use records from mining pool systems, blockchain explorers, node data, Coinbase records, payment providers, order databases, logs, and internal reconciliation systems to determine session status, payment status, block-event status, and reward eligibility.

21. Product Integrity, Audit Records, and SOC 2 Readiness

Minerium may maintain audit records for BBP operations, including:

1. User account records.
2. BBP checkout records.
3. Payment intent records.
4. Coinbase or third-party payment references.
5. Blockchain transaction hashes.
6. Session assignment records.
7. Mining pool records.
8. Reward verification records.
9. Payout approval records.
10. Reconciliation records.
11. Admin action logs.
12. Incident records.
13. Wallet and address records.
14. Change-management records.

These records support processing integrity, security review, accounting, dispute handling, legal compliance, and SOC 2 Type II readiness.

Minerium may retain BBP, payment, wallet, transaction, payout, reconciliation, and audit evidence for as long as needed for business, tax, accounting, legal, security, regulatory, incident-response, and audit purposes.

22. Risk Controls and Compliance Review

Minerium may apply risk controls before, during, or after BBP checkout, session activation, reward review, or payout. Controls may include:

1. Identity review.
2. Wallet review.
3. Payment-source review.
4. Sanctions screening.
5. Fraud review.
6. Duplicate-event review.
7. Chargeback review.
8. Manual payout approval.
9. Accounting review.
10. Legal or compliance review.
11. Transaction monitoring.
12. Geographic restrictions.

Minerium may delay or deny service if risk controls are not satisfied.

23. Geographic and Regulatory Restrictions

BBP may not be available in all jurisdictions.

Minerium may restrict access based on location, citizenship, residency, IP address, payment method, wallet provider, regulatory concerns, sanctions, product readiness, legal review, or business decision.

A user is responsible for confirming that using BBP is lawful in the user’s jurisdiction.

Minerium may require additional acknowledgments, product changes, or legal approvals before making BBP available in certain states, countries, or regions.

24. No Transfer or Resale Unless Enabled

BBP passes, sessions, mining access units, order records, reward claims, or account rights may not be sold, transferred, assigned, pledged, brokered, or resold unless Minerium expressly enables transfer functionality and publishes rules for it.

Minerium may refuse to recognize unauthorized transfers.

25. Errors, Exploits, and Corrections

Minerium may correct errors, cancel invalid sessions, reverse internal credits, adjust records, withhold payouts, or require repayment if Minerium identifies:

1. Pricing error.
2. Session assignment error.
3. Payment matching error.
4. Duplicate payment event.
5. Duplicate reward record.
6. Wallet-address error.
7. Mining-data error.
8. Dashboard display error.
9. Unauthorized access.
10. Exploit or abuse.
11. System malfunction.
12. Fraud or prohibited conduct.

Dashboard displays are informational and may be corrected if inconsistent with authoritative records.

26. Changes to BBP Rules

Minerium may update BBP product rules from time to time.

Changes may apply to future sessions, future purchases, new checkout flows, or modified product offerings.

Minerium will determine in good faith whether a change affects already-purchased sessions. Where practical, Minerium will apply the rules shown at checkout to the applicable purchased session, except where changes are required for legal compliance, security, fraud prevention, payment correction, technical integrity, or system error correction.

27. Checkout Acknowledgment

Before completing a BBP purchase, Minerium may require the user to acknowledge statements such as:

1. I am not buying Bitcoin.
2. I am purchasing access to a defined Bitcoin mining session.
3. No payout is guaranteed.
4. I may receive nothing.
5. BBP is not staking, yield, brokerage, exchange, or wallet custody.
6. I must use the exact supported payment method, token, network, and wallet instructions shown at checkout.
7. Wrong-network or unsupported payments may be lost or non-refundable.
8. Any reward requires verification, confirmations, compliance review, and payout approval.
9. I have read and accept the applicable Minerium Terms, BBP Terms, Privacy Policy, Risk Disclosure, and Refund Policy.

28. Contact

Questions about BBP may be sent to:

Minerium Inc. Email: support@minerium.com Business Inquiries: business@minerium.com