Last Updated: 25th July 2024
Entity: GreenBit Technology
Website: http://greenbit.tech
Mobile App: GreenBit
Introduction
GreenBit is the official companion app for GreenBit Technology mining hardware. The GreenBit app allows users to provision network credentials, view mining stats, and configure settings for their GreenBit Technology devices. This Privacy Policy explains how we handle your information when you use our app.
Downloading the App
Users should only download the GreenBit app from the official sources listed below.
iOS:
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Apple App Store
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Android:
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Google Play Store
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Data Storage and Sharing
The GreenBit app stores mining pool configuration data locally on the user’s device to retain device settings. Wi-Fi credentials are not stored within the GreenBit app. During the setup process, GreenBit Technology mining hardware securely receives and encrypts network credentials upon provisioning.
If a user configures their device to mine via ‘SOLO’ mining in the GreenBit app, their device will connect to a pre-configured mining pool owned and operated by a third party. Mining statistics and their inputted wallet address for rewards will be displayed here.
If a user configures their device to mine via ‘GROUP’ mining in the GreenBit app, their device will connect to a pre-configured mining pool owned and operated by a third party. Mining statistics and their inputted wallet address for rewards will be displayed here.
In order to retain a seamless user experience, GreenBit operates its own Lightning Network node for receiving and distributing mining rewards over the Bitcoin Lightning network. GreenBit accesses eligible user wallet addresses using a public API for the sole purpose of distributing automated rewards to its users over the Bitcoin Lightning Network, at no benefit to itself. Mining pool fees may apply. Lightning Network transaction fees may apply.
User Rights
In order to mine on any mining pool, users will need to provide a wallet address, at a minimum, in order to receive rewards. For data handled by any mining pool, users should refer to their respective privacy policies and terms of use.
Changes to This Privacy Policy
We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page. Changes are effective immediately after they are posted on this page.
Contact Us
If you have any questions or suggestions about our Privacy Policy, do not hesitate to contact us at support@greenbit.tech.