Regulatory Status and Cryptoasset Services Statement

The Mining Shop UK Limited supplies ASIC mining equipment and provides related repairs, hosting coordination, technical support, consultancy, logistics and recycling services under the relevant website terms, quotation, Order Confirmation or signed service agreement. Product specifications, calculators, rankings and earnings information are provided for hardware comparison and operational planning.

These activities do not by themselves amount to personal investment, legal or tax advice. We do not guarantee mining rewards, profitability, token value, break-even time, capital allowances, VAT recovery or any particular regulatory treatment. Customers must assess suitability and obtain independent professional advice where required.

This statement concerns the current services offered by The Mining Shop UK Limited through www.theminingshop.co.uk. It does not determine the status of an unrelated mining pool, wallet, exchange, payment provider, overseas facility or customer.

The current website does not offer a cryptoasset exchange, brokerage, dealing service, custodian wallet service, managed cryptoasset portfolio, pooled investment, deposit account or personal recommendation to acquire cryptoassets. We do not ask customers to provide seed phrases or private keys and customers must never send them to us.

We are not presenting The Mining Shop UK Limited as an FCA-authorised investment firm, an FCA-registered cryptoasset exchange provider or custodian wallet provider. Customers must not infer FCA endorsement, Financial Services Compensation Scheme protection or Financial Ombudsman Service jurisdiction for ordinary hardware, repair, hosting or consultancy services. The precise protections and complaint routes depend on the activity and contract.

Our Mining Earnings and Risk Disclaimer explains the limitations of profitability information. Product and marketing communications must remain fair, clear and not misleading and must not be used to promote the acquisition of a qualifying cryptoasset through an unlawful route.

Where an approved stablecoin method is shown on a current invoice, it is accepted as payment for our own invoiced goods or services. The invoice is denominated in GBP, the required GBP value must be settled net of applicable network or withdrawal fees, and payment is subject to confirmations and compliance checks. We do not use that payment facility to buy, sell, exchange or transfer cryptoassets for the customer.

For hosted customer-owned miners, the customer selects and controls its mining-pool account and wallet. Hashrate is directed to the customer's nominated pool so rewards reach the customer's wallet. We do not take ownership or custody of customer mining rewards. Temporary pool configuration may occur only for authorised testing, maintenance or operational purposes under the hosting terms.

Customers remain responsible for their pool and wallet security, tax records, sanctions compliance and third-party contracts. See our Payments Policy, Hosting Terms and Conditions and Mining Pools, Cross-Border Hashpower and Export Controls guide.

Cryptoasset regulation continues to develop. Before introducing a materially different service, we will assess whether specialist legal advice, FCA permission or registration, HMRC Cryptoasset Reporting Framework duties, financial-promotion approval, consumer controls, safeguarding, capital, reporting, Travel Rule or other systems are required.

A fresh review is required before we:

• exchange, arrange, broker or deal in cryptoassets for customers;
• safeguard customer cryptoassets or private cryptographic keys;
• receive pooled rewards for onward allocation, control withdrawals or operate a customer wallet;
• operate a trading venue, lending, staking, managed-return, collective or token-issuance service;
• provide a means for users to buy, sell, transfer or exchange reportable cryptoassets;
• communicate or approve a promotion falling within the UK cryptoasset financial-promotions regime; or
• target a new jurisdiction or launch a service whose substance differs from the current hardware and operational-service model.

From 1 January 2026, in-scope Reporting Cryptoasset Service Providers must undertake customer due diligence and annual transaction reporting under the UK Cryptoasset Reporting Framework. The broader FCA cryptoasset regime is scheduled to apply from 25 October 2027. Those dates do not make every mining-hardware seller or hosting provider automatically regulated; scope depends on the activities actually carried on.

Official starting points: FCA cryptoasset AML/CTF regime, FCA cryptoasset financial promotions and HMRC Cryptoasset Reporting Framework.