Common use of Customer Hardware Clause in Contracts

Customer Hardware. Customer shall select, supply, and deliver to the Provider the Customer Hardware required to conduct its mining business. Provider shall have the right to inspect and test any equipment from the Customer and reserves the right to decline receipt of any equipment deemed physically damaged or performing at a suboptimal hashrate to factory specifications by the Provider. Upon signature and acceptance of Customer Hardware at the Facility, risk of loss shall shift to Provider, while title shall remain with Customer, or Customer’s end customers. Provider shall do all things necessary to ensure that only duly authorized personnel of the Provider sign and accept Customer Hardware and shall track all deliveries of Customer Hardware from receipt to installation to avoid risk of loss, damage, theft or misappropriation.