Terms of Service

THESE TERMS APPLY TO THE SERVICES PROVIDED BY OWNBLOCK.IO ("Website", "Mining Pool", "we" or "us"), owned by TECLATINA S.R.L., FOR USERS ("Miner", "you"). PLEASE READ CAREFULLY BEFORE USING OUR SERVICES.

General

By accessing and using OwnBlock, you confirm that you have read these Terms and agree to be bound by them.

By using our services, you accept all risks related to experimental software. We cannot compensate irreversible losses but will do our best to prevent worst-case scenarios.

By using our services, you confirm that you are of legal age in your jurisdiction and are not violating any applicable laws.

How Payouts Work

OwnBlock operates as a solo mining pool. When a miner finds a block, the block reward is distributed directly via the coinbase transaction on the Bitcoin blockchain:

  • The majority of the reward goes directly to the miner's wallet address.
  • The pool fee is deducted at the coinbase level.

OwnBlock does NOT hold, retain, accumulate, or transfer funds on your behalf. There is no balance system, no minimum payout threshold, and no secondary transfer. Your payout is verifiably on-chain the moment the block is found. The pool fee percentage is shown on the dashboard and may be updated from time to time.

Disclaimer

The mining pool is not responsible for the safety of your coins. We do not hold your coins at any point.

The mining pool is not responsible for the performance of your equipment. You are solely responsible for all settings and configurations.

The mining pool is not responsible for any of your costs, including electricity, hardware, internet, or others.

The mining pool does not guarantee 100% uptime. Services may be suspended for maintenance at any time. We recommend configuring backup pools on your mining software.

The mining pool is not responsible for errors in third-party blockchain nodes (Bitcoin Core node). Any issues with node operation lie with the developers of those nodes.

Changes to These Terms

We may update these Terms of Service from time to time. Changes are effective when posted.

Applicable Law & Jurisdiction

These Terms are governed by and construed in accordance with the laws of Costa Rica, Switzerland, and Germany, based on the location of the servers and the entity that owns the service. By using OwnBlock, you agree that any dispute may be resolved under the applicable jurisdictions of Costa Rica, Switzerland, or Germany.

Owner: TECLATINA S.R.L.
Service: OWNBLOCK.IO

Last updated: April 2026