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A Cryptocurrency Mining Agreement sets out the terms between crypto miners and hosting facilities in Indonesia, covering how they'll share computing power and profits from mining digital currencies like Bitcoin. These contracts spell out essential details like electricity costs, maintenance responsibilities, and how to split mining rewards under Indonesia's evolving crypto regulations.

The agreement typically includes specific performance targets, security measures to protect mining equipment, and clear dispute resolution procedures aligned with Indonesian contract law. It's especially important since Bank Indonesia and OJK require transparent documentation of all cryptocurrency operations, helping both parties avoid legal issues while protecting their investments.

Use a Cryptocurrency Mining Agreement when setting up mining operations with a hosting facility or partner in Indonesia. This becomes essential before connecting any mining equipment to a shared facility, investing in mining hardware, or joining a mining pool where multiple parties contribute computing power.

Having this agreement in place protects both parties when electricity costs fluctuate, equipment needs repairs, or mining rewards need distribution. It's particularly crucial under Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti) rules, which require clear documentation of crypto mining activities and profit-sharing arrangements to maintain compliance and prevent future disputes.

• Solo Mining Agreement: Covers direct relationships between individual miners and hosting facilities, focusing on single-user equipment management and profit distribution
• Pool Mining Agreement: Details terms for multiple miners sharing resources and rewards through a mining pool, including voting rights and reward allocation methods
• Cloud Mining Contract: Outlines arrangements where users rent mining power from Indonesian data centers without physical hardware ownership
• Hybrid Mining Agreement: Combines physical and cloud mining elements, suitable for operations mixing local hardware with remote mining power

• Mining Facility Operators: Provide infrastructure, power, and maintenance services while ensuring compliance with Indonesia's data center regulations
• Cryptocurrency Miners: Supply mining hardware and technical expertise, often investing significant capital in equipment
• Legal Counsel: Draft and review agreements to ensure alignment with Bappebti regulations and Indonesian contract law
• Mining Pool Managers: Coordinate multiple miners' resources and distribute rewards according to agreed terms
• Compliance Officers: Monitor operations to meet OJK requirements and maintain proper documentation of mining activities

• Mining Equipment Details: Document hardware specifications, power requirements, and expected hash rates
• Facility Information: Gather details about power costs, cooling systems, and security measures at the hosting location
• Profit Structure: Calculate and specify mining reward distribution percentages and payment schedules
• Regulatory Compliance: Collect Bappebti registration numbers and required permits from all parties
• Operational Terms: Define maintenance schedules, uptime guarantees, and equipment replacement procedures
• Risk Management: Outline liability limits, insurance requirements, and dispute resolution methods under Indonesian law

• Party Identification: Complete legal names, addresses, and Bappebti registration details of all involved parties
• Equipment Specifications: Detailed inventory of mining hardware, including serial numbers and performance metrics
• Service Terms: Clear outline of hosting services, power supply commitments, and maintenance obligations
• Revenue Distribution: Precise formulas for calculating and distributing mining rewards
• Regulatory Compliance: References to relevant Indonesian crypto regulations and reporting requirements
• Termination Conditions: Specific circumstances and procedures for ending the agreement
• Dispute Resolution: Indonesian arbitration procedures and applicable jurisdiction clauses

A Cryptocurrency Mining Agreement differs significantly from an Agency Agreement in both scope and purpose, though they're sometimes confused when crypto mining facilities act as agents. Understanding these differences is crucial for proper legal protection in Indonesia's evolving crypto landscape.

• Primary Focus: Mining agreements specifically cover crypto mining operations, hardware management, and profit distribution, while agency agreements broadly handle representation and authority delegation
• Risk Allocation: Mining agreements address technical risks, equipment failures, and mining rewards, whereas agency agreements focus on representation risks and commission structures
• Regulatory Framework: Mining agreements must comply with Bappebti's crypto regulations and OJK guidelines, while agency agreements follow general Indonesian commercial law
• Performance Metrics: Mining agreements include specific technical performance standards and hash rates, but agency agreements typically measure success through sales or representation targets