Protection for Everyone
Protect your mining hardware from accidental property damage caused by fire, theft and catastrophic weather. Compass Protection covers your hardware investment up to its original purchase price.
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Comprehensive Coverage
Protect your hardware from the unknown. Mine with peace of mind knowing your machines are protected.
How it Works
In the case of an accidental event we will cover up to the cost of your initial purchase price. This can be used for a new miner of equal value or can be transferred to your account.
Eligible customers who purchase the Compass Protection will be billed annually according to their hosting contracts with the option to renew annually
Plan Details
Payment Frequency
Yearly, or as part of Hosting Bill.
Contract Length
Reoccurring annually based on start mining date.
Premium
Based on initial purchase price of the machine.
Coverage Limits
Initial purchase price of the machine.
Benefit Details
Replacement Cost Coverage
USD equal to the Fair Market Value of your machine at time of contract purchase or renewal, in case of accidental hardware damage.
Replace or Reimburse
Customers can have their units repaired or replaced or may recieve reinbursement up to the value of initial purchase.
Volatility Protection
Miner protection amount holds constant for entirety of the term. Regardless of current market value.
What's Covered
Standard Hosting Plan | Compass Protection Plan | |
|---|---|---|
| Theft | not covered | |
| Fire | not covered | |
| Water | not covered | |
| Weather/Natural Disaster | not covered | not covered |
| Nuclear Hazard, War, Governmental Action | not covered | not covered |