All transactions are carried out only through our web platform www.ghsmining.com - Be safe and alert others!
All investments carry risk. Different investment strategies carry different levels of risk depending on the financial products that make up the strategy. Generally, financial products with the potential for the highest returns may also carry the highest risk.
Your level of acceptable risk will vary compared to other investors’ risk appetite and will depend on a range of factors such as your age, your investment timeframe, how comfortable you feel about exposing your capital to risk, the nature and size of other investments you hold and the extent to which Cloud Mining fit into your overall financial plan.
The nature of Cloud Mining allows GHSMINING to have a control or influence over the performance or return of investment on Cloud Mining. It is important to note that no return is guaranteed. Future returns may differ from past returns and Clients may lose some or all of their money invested. Additionally, laws (including tax laws) that affect Cloud Mining may change in the future which may have an adverse effect on your returns.
This section include the significant risks that may affect your investments with GHSMINING.
The risk that investing in a limited number of Miners (i.e. one or a limited few financial instruments) will result in the value of your investment being more volatile than if you invested in a more diversified investment strategy. This is because your investment is exposed to a smaller range of assets and is therefore more sensitive to fluctuations in the value of those assets.
A key area of risk associated with Cloud Mining is the counterparty risk borne by Clients, i.e. the potential for the issuer to be unable to fulfil its obligations resulting in loss for the Clients. As GHSMINING issues the Cloud Mining, you are dealing with GHSMINING as the counterparty to every transaction. You will therefore be exposed to the financial and business risks, including credit risk, associated with dealing with GHSMINING.
Each Miner is an over-the-counter contract and is not traded on an exchange or market. You will not be able to transfer or assign the Miner to any other person. Cloud Mining are not guaranteed by an exchange or clearing house, and Clients therefore face the risk that GHSMINING may fail to meet some or all of its obligations.
You are reliant on GHSMINING's ability to meet its counterparty obligations to you to settle its relevant obligations. If GHSMINING were to become insolvent, then we may be unable to meet our obligations to you in full or at all. In this case, the Clients may become unsecured creditors in an administration or liquidation and will not have recourse to any underlying assets in the event of insolvency. Clients must rely on GHSMINING to have in place appropriate arrangements to minimise the risk that it will not be able to meet its obligations.
Cloud Mining are derivative financial products. The value of a derivative is linked to the value of an underlying asset and can be highly volatile. Risks associated with using derivatives may include, but are not limited to, the value of the derivative failing to move in line with that of the underlying asset and the potential illiquidity of the derivative. While the use of derivatives can offer the opportunity for higher returns, it can also magnify your losses.
There are a number of risks relating to our ability to execute an order placed (both in opening and closing a Position) on the Cloud Mining Platform. These include:
There are occasions when there are larger than ordinary 'gaps' in the depth of orders on both the buy and sell side. This is usually due to a change in liquidity circumstances and effects the volatility and volume of available matching orders. This is commonly referred to as 'slippage'. It will generally occur prior to, during and subsequent to the release of fundamental news where major financial institutions have removed their orders from the liquidity markets pending the outcome of that news.
This creates conditions where orders are difficult to execute at desired prices, as there are large 'gaps' in the buying and selling depth of a particular currency pairing or precious metal.
This can cause significant losses where this occurs when we are attempting to automatically close your position or where you have placed a stop loss at a particular point. The next best available price may be significantly lower than the trigger point for an automatic close of your position or your elected to place a stop loss.
Conditions may arise that make it difficult to execute orders at the given price due to an extremely high volume of orders and/or available liquidity. By the time orders are able to be executed, the invest price at which GHSMINING (or its counterparty) is willing to execute a position may be several GH/s away.
The risk that changes in government policies, regulations and laws may affect the value of your investment. You may be exposed a change in laws and regulations that materially impact on GHSMINING or the countries in which the currency positions you hold relate to.
A change in laws or regulations can also increase the costs of operating a business, or GHSMINING's ability to offer particular financial instruments.
The operational systems risk inherent in online trading systems apply to every trade placed. This includes disruptions to communications, IT systems, software or hardware errors or other events that delay, interrupt or otherwise effect our systems operation.
In the event such a disruption to our systems does occur you may suffer a financial loss or loss of opportunity. In accordance with our Important Disclosure, GHSMINING makes no warranties and is not liable in relation to the operation of the Cloud Mining Platform (including it software and hardware) or any other related service offered by GHSMINING except to the that disruption is caused by the fraud or dishonesty on the part of GHSMINING or its employees, agents or representatives.
There are no cooling-off arrangements for Cloud Mining. This means that when GHSMINING arranges for the execution of a Cloud Mining, you do not have the right to return the Miner, nor request a refund of the money paid to acquire the Miner
In accordance with the Important Disclosure we may at any time, with or without notice:
GHSMINING may exercise its rights as specified above, as a result of any of the events, which include without limitation the following:
You should consider the above mentioned powers and rights of GHSMINING while investing in cloud mining with us.