Legal structure
Our mining operations are structured through two affiliated companies under common ownership and management.

Everminer LLC (USA) is the entity that operates and manages the mining infrastructure and owns the physical mining equipment.

Cyberian Mine GmbH (Germany) acts as a commercial and service agent, representing Everminer LLC. Cyberian Mine handles client onboarding, payments, invoicing, access to the automated platform (my.cyberianmine.de), customer support, and contractual administration.
This structure allows clients to interact with a single, EU-based service provider, while all operational mining activities are performed by the U.S. operating company.

All legal, tax, and operational aspects of this setup were developed in cooperation with one of the “Big Four” consulting firms.

Service structure
The service of Bitcoin mining is provided as a hashrate delivery service, which economically consists of two components:

1. Allocation of mining equipment capacity (linked to a specific device, seen as a miner purchase)
2. Provision of computing power or hashrate (seen as hosting services)

Ownership & hashrate delivery
When you purchase a miner on our platform, you are not purchasing a physical device.
Instead, you are purchasing a contractual right to receive a defined amount of hashrate for Bitcoin mining.

The physical mining equipment remains the property of Everminer LLC. Everminer LLC is responsible for equipment operation, repairs, maintenance, and uptime.

Cyberian Mine GmbH ensures contractual performance, client communication, and continuity of service. In case of hardware failure or upgrades, your hashrate may be delivered from a different or more efficient mining device without interruption and at no additional cost.

Serial numbers & flexibility
Each miner is associated with a unique serial number that corresponds to a physical device in our data center.
For operational reasons (repairs, maintenance, or upgrades), Everminer LLC may substitute the underlying hardware while guaranteeing uninterrupted hashrate delivery.
If you decide to terminate your contract, you may sell your hashrate position through our internal marketplace.