01 The documents
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Agreement
Terms of Service
What you agree to when you connect a worker: you contribute SHA-256 computation, the Operator distributes the applicable mining reward to your payout address, and nothing else is on offer.
Draft -
Data
Privacy Policy
The short list of what the service actually holds — payout addresses, worker names, share records, connection logs, an optional email — and why. No cookies, no names, no ID.
Draft -
Plain English
Mining Service Disclosure
What Spearmint Mining does, what it does not do, and the federal and Pennsylvania guidance the design is intended to sit within — with the open questions stated rather than papered over.
Draft -
Mechanics
Mining Reward and Payout Policy
Where rewards come from, how PPLNS apportions them, the 1% pool fee, 100-block maturity, the daily payout run, the 1 SPMTC threshold, and what happens to orphans and failed payouts.
Draft -
Sanctions
Sanctions / Restricted Persons Policy
The Operator is a U.S. person. The controls that follow from that — IP-country blocking, payout-address screening, decision logging — sized to the information a mining pool actually holds.
Draft -
Risk
Risk Disclosure
The ways mining Spearmint can cost you more than it returns: variance, orphans, a launch that may slip, a coin that may have no market, keys that cannot be recovered, and rules that may change.
Draft
02 Status
Every document on this page is a first-pass draft. They have been written by the project team so that counsel reviews a concrete design rather than a blank page. They will be reviewed by qualified counsel, including a Pennsylvania attorney familiar with cryptocurrency and money-transmitter law, before the mining service opens to the public.
The mining service is not open. Nothing on this page is in force until it is published as a final version with a version number and effective date. Until then, there is no agreement to accept, because there is no service to use.
03 What these documents are designed to do
The usual approach is to build whatever product is convenient and then write disclaimers around it. These documents work the other way round. The service has been designed so that its actual functionality — the interface, the data model, the flow of value — is a mining service that distributes mining rewards to miners, and the documents describe that functionality accurately.
- Miners supply an external Spearmint address they control. The service never creates a wallet for anyone and never holds a private key that is not its own operational key.
- Nothing enters the service from a miner except shares. There is no deposit path, no transfer between miners, no exchange, and no conversion to anything else.
- Every payment the service makes is calculated from recorded mining participation under a published methodology, and the records exist to demonstrate that.
- Where a feature would change that characterisation, the feature is omitted or flagged — the statement is not weakened to fit the feature.
If the software ever behaves differently from what these documents say, the documents are wrong and the software must be corrected or the documents revised. The regulatory change-control list exists so that does not happen quietly.