Last updated: July 13, 2026 · Effective immediately upon publication
Plain English summary: This is the agreement between you (a "Provider" who lists GPU hardware on GridShare to earn income) and GridShare, operated by Quartusbrain Ideas Private Limited. You are an independent contractor — you own your hardware, you set your availability, and you are paid only for compute you actually deliver. This Agreement forms part of, and is read together with, our Terms of Service, Privacy Policy and Acceptable Use Policy. By registering as a Provider you accept it in full.
Providers are independent individuals or entities, not employees, agents, or partners of GridShare. You make your privately owned GPU hardware available to GridShare, through the GridShare node software, to help fulfil compute demand on the Platform. GridShare purchases the compute capacity your node delivers and resells it to Buyers under its own name as principal; your commercial counterparty for that capacity is GridShare, not the Buyer. GridShare does not own the hardware and is not responsible for the acts, omissions, hardware reliability, or data-security practices of any Provider. GridShare may decline a registration, or suspend or restrict an account, where it has reasonable cause — including suspected fraud, breach of these terms, a legal or regulatory requirement, failure of identity, PAN, or payout verification, or a credible risk to the Platform or its users — giving notice where practicable, and acting immediately and without prior notice only for serious violations.
As a Provider, you represent and warrant that you own, or have the full legal right to share and commercialise, all hardware you list on GridShare. You are solely responsible for:
You may pause or disconnect your node at any time. However, disconnecting during an active Buyer session may result in: (a) a reduction in your reliability score; (b) withholding of your earnings for the affected (un-served) window, for which you are not paid, and a set-off of GridShare's reasonable, demonstrable costs of making the affected Buyer whole. Any such deduction is compensatory (reflecting actual loss), not a penalty, and does not duplicate the Buyer's own refund for the same un-served time.
Provider earnings are calculated based on verified compute time delivered to Buyers. The Platform fee charged by GridShare, and the Provider's share of compute revenue, are as displayed on your Provider dashboard at the time of each session. GridShare reserves the right to adjust Platform fees with 30 days' prior notice.
Payment for delivered compute only: Providers are paid only for compute time actually delivered, measured up to the last verified heartbeat or checkpoint recorded by the Platform. Intentional disconnection or termination of an active Buyer session by the Provider forfeits earnings from that moment onward. Session failures caused by a Buyer's own code are not the Provider's fault and are not refundable to the Buyer.
GridShare deducts tax at source (TDS) on its payments to Providers as required under the Income-tax Act, 1961. GridShare will deduct TDS at the applicable rate for your payment and tax status, deposit it with the Income Tax Department on your behalf, and make a TDS certificate (Form 16A) available. To avoid a higher rate of deduction under Section 206AA, you must furnish a valid PAN. The exact applicable section and rate are determined in accordance with the law as it applies to payments of this kind and are shown or notified through your dashboard. TDS deducted by GridShare does not discharge your full income-tax liability; you remain responsible for filing your own return.
GridShare does not inspect, log, or control what Buyers run on Provider hardware. Providers must not attempt to access, copy, intercept, or interfere with any Buyer's data or workloads. Violation will result in immediate permanent account termination and may be reported to law enforcement.
As a Provider, you agree that you will:
This Agreement is governed by the laws of India, with jurisdiction in Chennai, Tamil Nadu. It incorporates by reference the GridShare Terms of Service, Privacy Policy and Acceptable Use Policy; in the event of a conflict on a Provider-specific matter, this Provider Agreement prevails. GridShare may amend this Agreement with notice; continued use of the Platform after the effective date constitutes acceptance.
Termination, expiry, or suspension of this Agreement — for any reason, and including termination of a Provider's account for a violation under Section 6 — does not extinguish any obligation that by its nature is intended to continue. Without limitation, Section 5 (TDS and accrued tax obligations), Section 6 (Data on Provider Hardware), Section 7(b)-(d) (no access to Buyer data, no retained backups, and breach disclosure), and Section 8 (General, including Governing Law and Jurisdiction), together with any accrued payment, confidentiality, indemnity, and liability obligations, survive termination and remain enforceable. The confidentiality, data-protection, and breach-disclosure obligations in Sections 6 and 7(b)-(d) survive indefinitely, notwithstanding that the event of termination may itself arise from a breach of those Sections.
Operator: Quartusbrain Ideas Private Limited (brand: GridShare) · CIN U62011TN2026PTC194854 · GSTIN 33AABCQ2949L1Z7 · Registered address: 1A, Crystal Kasthuri Apartments, Z Block, 6th Avenue, Anna Nagar, Chennai 600040, Tamil Nadu, India · Questions: support@gridshare.in