ECOS BTC Mining Channel

​​Scam projects always appear either during a period of rapid market growth or during the time of uncertainty. Right now, after halving, when the market is waiting for the consequences of reducing the mining reward (the results of which will be visible only in a couple of years), the number of unscrupulous companies is increasing. Today we will tell you how to distinguish scam from a real project. 🔴 Plenty of advertisement What do you need to do as a company to earn a lot of money in a short period of time? Attack the market with a lot of aggressive advertising! If you notice that you find a plenty of company ads, which just didn’t exist a month ago, then most likely this is a scam service. Of course, there are exceptions, and perhaps you have witnessed the emergence of a new market leader, but unlikely. 🔴 Very cheap prices If you have met a company that openly declares that they have the cheapest contracts on the market, and the cost of their services is several times less comparing with competitors, then this is definitely a scam. And also if the company promises you a bunch of giveaways, expensive prizes and other bonuses. The cost of the contract includes the costs of equipment, its maintenance, employee salaries and many other costs. If the price of the contract is too cheap - stay away from this company. 🔴 The lack of information on the facilities location If the company does not provide any information on the location of capacities, it is better not to cooperate with it, otherwise, most likely, you will lose your money. It also happens that a company mentions where the office and data center with equipment are located, but at the same time does not publish any photos of the room where mining takes place, nor video from webcams. ECOS company invests in advertising, but does it gradually. Much more resources are spent on things that are most important for us: updating and maintenance of equipment to ensure the uninterrupted operation of the service; staff training, so that our employee could come for help in any situation. In addition, the development of new products is very important for us. The market is developing very fast and we want to remain competitive in this circumstances. That is why ECOS is in the medium price segment - the cost of our services includes real expenditures on the equipment and employees. In any case, our customers are much better at reviewing us! Subscribe to our social networks to read some reviews of those people who have been cooperating with ECOS since 2017 and watch a video on how our mining centers work.

​​Still thinking about where to invest? Read what one of our clients Andrei K. is talking about, and you will learn more about new investment opportunities. 🔵 Why do you invest in cryptocurrencies and mining? First of all, i see this as an insurance against a job loss. It is difficult to find adequate solutions on the market which can insure these risks. In addition, individuals are prohibited (or it is at least uncomfortable) from owning gold (except the investment coins and special accounts). This is unfair, bearing in mind the inflation, caused by printing of a large amount of paper money which is not secured by gold. Therefore, digital gold with a well-thought-out circulation mechanism and unlimited emission allows us to state our disagreement, vote against the injustice and the violation of the property rights of ordinary citizens who regularly lose their savings due to the inefficiency of central banks and governments. 🔵 Why did you choose the ECOS service? It is very convenient to work with the ECOS platform, everything is clear and understandable. ECOS support is available 24/7, this creates confidence in the further development of the project. 🔵 Are you satisfied with the service and what are your wishes for its improvement? I am satisfied with the service! It will be great if the team will provide the opportunity to pay cloud mining service fees with a credit card. This will help to pay less interest to banks and invest more in the future.

💥 SALE - Antminer T17 for $627💥 Dear friends, we have decreased the prices for the Antminer T17 and only today you can buy it at a price of $627! 😱 Where? On the official ECOS website only and nowhere else ⏳ The offer is valid until the end of the day https://mining.ecos.am/

​​On May 14, Hyperblock LLC turned off a data center that manages 20 MW capacity in Montana, and also announced the auction, which will be held on June 3. During this auction the executives want to sell all of the company's public property. 🔘 What will be auctioned? The entire Hyperblock infrastructure, including ventilators, transformers, and even cables. All servers with power supplies will be auctioned, including: - 791 Bitmain Antminer S17 - 359 Bitmain Antminer S17 Pro - 1493 Bitmain Antminer S17+ - 6641 Bitmain Antminer S9 - 726 Bitmain Antminer T17 - 162 Avalon 921 - 161 GPU mining racks All equipment will be sold without warranty. But, however, it is likely that a public sale may be delayed. 🔘 What would it affect? Due to the shutdown of a large amount of equipment, the complexity of the network should fall significantly. By the way, also last week, the authorities of Sichuan, China who recently wanted to encourage miners, decided to start punishing them. The government notified the regions about the requirement to prohibit crypto mining activities. If the assignment is not fulfilled, this will lead to fines, prohibitions and other administrative sanctions. Recall that Sichuan accounts for 9.6% of the whole bitcoin network. Accordingly, the complexity of the network will be reduced even more after the disconnection of these capacities. As you remember, the miners income depends directly on the complexity of the network - the less the complexity of the network, the more profits miners receive. Therefore - we are waiting!

If you do not know how to reduce mining costs, read our new article! We really hope you'll find it useful 😉 https://medium.com/ecos-am/why-is-the-cost-of-electricity-so-important-for-mining-in-2020-95dea05ebadd

⚡Big Sale – this week only!⚡️ Dear friends, we have decreased our contract prices for you! Check the new rates and contracts profitability here: https://cloud.ecos.am 😱Our special offer – Antminer T17 for just $627😱 Valid till May 27 only!

🙃 Have you ever wondered what would happen if famous people of the past would live in 2020? Most likely, they would use telegram and be interested in Bitcoin 😉

​​😱 Satoshi is back! Or not. Last week, someone sent 50 bitcoins that were mined back in 2009, a month after the cryptocurrency was created. Who could it be? According to the Goldfoudinshit TM telegram channel, only 3-4 people were involved in mining bitcoin then. Probably one of them was Satoshi Nakamoto. By the way, this is not the first time when the earliest coins which were mined at the beginning of 2009 “wake up”. The last time this happened in 2017. But the largest transaction, in which the "sleeping" bitcoins were involved, occurred in March this year. Then 1000 BTC, which have been “dormant” since 2010 were moved.

​​😨 Is BitMEX in trouble again? Last week, it became known that the head of the BitMEX crypto exchange Arthur Hayes was sued again. This time he is suspected in serious crimes: according to representatives of the BMA LLC company, which initiated the trial, BitMEX was deliberately created for the organization of “a myriad of illegal activities”. Hayes and other company executives are accused of electronic fraud, market manipulation, money laundering and racketeering (!). It is the second big lawsuit in six months for the co-founder of BitMEX. In December 2019, the early investors of the exchange filed a lawsuit against the exchange for $300 million, and last week they increased the amount of the claim to $540 million! They argue that they invested $30000 in Hayes’ company in 2015. The head of BitMEX took the money, and had to provide the investors with 0.5% of the authorized capital of the company, but something went wrong. And meanwhile, strange things happen with the exchange itself: last week the bitcoin rate there fell to zero, after which the trading was stopped and BitMEX went offline. But it is worth noting that technical malfunctions have become commonplace for Hayes’ company. In March, the cryptoexchange turned off several times. By the way, nothing goes wrong with ECOS and everything works fine! Invest in Bitcoin mining with us now, before the rate of the №1 cryptocurrency skyrockets - then it will be too late 😉

​​We are receiving a lot of questions about how to calculate your cloud mining contract, and what does the Risk Appetite indicator mean. It’s time to tell you more about it. 🔷 Low risk (Daily maintenance fee - 0$) Choose this option if you think that the Bitcoin exchange rate may be unstable, but you still believe in this cryptocurrency. If you do not want to take any risks (associated, for example, with a drop of its value) and ready to have a contract with prepaid service fee - this solution is for you! 🔶 Middle risk (Daily maintenance fee - 0.03$) If you are sure that Bitcoin will show its growth further, despite short depreciations, choose this option. This tariff makes it possible to increase your income in case of a stable situation and a slight growth in its rate. 🔷 High risk (Daily maintenance fee - 0.054$) If you believe that Bitcoin will grow – there may be some volatility, but over a longer period of time the growth will be stable, pick this option. These contracts provide the possibility to increase the profit significantly compared to low risk contracts based on stable market conditions, BTC growth and due to more terahash power in contracts. 🔶 To the Moon (Daily maintenance fee - 0.07$) This option is for those, who believe in BTC significant growth and want to earn from it. Just keep in mind that you’ll need to pay the higher service fee and with low BTC rate the contract may have negative profits, however in case of significant growth you’ll get much more profit due to more hash power in my contracts. These contracts are the most risky ones however most profitable in case of BTC growth.

​​Last week we started telling you about our employees and we are not going to stop! Another hero of “ECOS inside” is Kirill Mishanin, the Head of Sales Department at ECOS. 🔷 About the achievements In 2004, I attended a six-month fellowship programme on SQL databases at the Citi Group and received a certificate of completion of business negotiation training courses at the University of North Florida, Jacksonville, USA. In 2009, I received the "GM award for outstanding employee" at Lenovo for 3 years of successful business development and marketing. In 2016, I founded an crypto advertising agency in the United States. 🔶 Before ECOS I have 10 years of work experience at international IT companies, I was responsible for business development and marketing in Russia and the CIS. I have been playing an active role in the crypto community life since 2016. Also, I am a crypto trader and investor. I have an experience of the ICO projects promotion on YouTube, in which I have entered into a technical partnership with top IT companies (IBM, Oracle, Alibaba, Lenovo) for the “Credits” startup (raised $ 20 million at the ICO) 🔷 About ECOS I am the Head of Sales and Business Development at ECOS. I manage a strong team of international experts from America, Switzerland, Italy, India, the Philippines and Africa. I am responsible for negotiations with investors and residents of the Free Economic Zone in Armenia, also sometimes I speak at online events. I plan on achieving a monthly turnover level of $1 million by the end of 2020 for the company. 🔶 Personal fact I have a travel vlog on YouTube. I used to live in America, Indonesia, Vietnam and Thailand. 🔷 About the favorite place Stolby Nature Sanctuary (Krasnoyarsk), Arkhyz (Caucasus) and Red Rock Canyon in Nevada.

​​🎙Calculate your profit – join our free webinar today! We’re starting in one hour! On May 22 at 13:00 (UTC) ECOS is delivering a free online webinar for those of you who want to know what halving brought to us and how to proceed with mining now. ☑️We will discuss the following: ❓ What the main consequences of halving are ❓ How you can calculate your profit ❓ What products and services to choose in the post-halving reality Join us: https://start.bizon365.ru/room/38166/webinar_after_halving

​​⚡️ According to American writer and entrepreneur Robert Kiyosaki, the Bitcoin price could reach $75,000 in the next three years. He believes that the growth of the first cryptocurrency may be affected by the actions of the US federal reserve system, which, according to the businessman, is not competent and kills the country's economy by its decisions. Let us recall that recently the US House of Representatives passed a bill on a new economic stimulus package in the amount of $3 trillion, which entails unlimited issuing of funds. Kiyosaki also predicted the growth of gold and silver prices. 💬 «Economy dying. FED incompetent. Next bailout trillions in pensions. Hope fading. Bought more gold silver Bitcoin. Gold $1700. Predict $3000 in 1 year. Silver $17. Predict $40 in 5 years. Bitcoin $9800. Predict $75000 in 3 years. Pray for the best-prepare for the worst.» - the entrepreneur wrote in his twitter. This is not the first time the writer has spoken about Bitcoin. Some time ago, Kiyosaki said that it is necessary to invest in Bitcoin and precious metals against the backdrop of the crisis, since their emission is unlimited. The founder of Adamant Capital, Tuur Demeester shared the similar opinion in the interview for the Messari research company this week. The economist expressed the view that BTC price will rise in the long run. 💬 «I think a price target of like $50,000 is not insane at all... I would even say between $50,000-$100,000» - he suggested. In his opinion, the price of the №1 cryptocurrency will grow due to the halving, which took place on May 11 and the US Federal Reserve policy.

🤔 Can we consider mining as the best investment in 2020? Read our new article to find the answer 👇 https://medium.com/ecos-am/mining-as-a-working-business-strategy-profitability-calculation-comparing-the-income-from-f9c836b82cd8

🎙 Calculate your profit – join our free webinar tomorrow! On May 22 at 13:00 (UTC) ECOS is delivering a free online webinar for those of you who want to know what halving brought to us and how to proceed with mining now. ☑️ We will discuss the following: ❓ What the main consequences of halving are ❓ How you can calculate your profit ❓ What products and services to choose in the post-halving reality Don’t miss the link tomorrow!

😉 Hey, beginners, how are you doing? We just remembered that we did not tell you about the best crypto YouTube channels. So, we’ve decided to correct the situation! https://medium.com/@ecosmining/the-best-crypto-youtube-channels-c806ec956e06

​​😊 Wow, great news! According to 8btc, the authorities of Sichuan, China are going to encourage miners. Why? Chinese authorities believe that mining companies will help to not only spend the excess hydropower, but also will be able to compensate for the economic losses caused by the coronavirus pandemic. A humid climate and a large number of hydropower resources have made Sichuan the main mining province of China. In support of the mining industry, authorities plan to accelerate the construction of a hydropower consumption park in order to take full advantage of the local territory for the cryptocurrency mining. A small geography lesson: there are some cities such as Garze, Ya'an and Aba in Sichuan. These cities are the most popular among miners. However, they have the lowest GDP in the province. The authorities believe that supporting the mining industry would lead to employment creation, which can positively affect the economic situation in the region. In particular, the head of government of the city of Garze said that the authorities "consider blockchain as a fundamental and strategically important technology and plan to provide maximum support to the mining companies."And this is encouraging, because it is known that earlier the Chinese authorities did not approve of mining activity. Perhaps the help of the authorities in Sichuan will help to legalize the cryptocurrency mining throughout the country. Let us recall that a month ago, the Chinese government announced the launching of the world's first state cryptocurrency - crypto-yuan.

​​🛠 Cloud mining is a convenient and profitable way to mine cryptocurrency, which allows the user to receive a stable income without leaving home. This mining method allows the client to avoid problems associated with purchasing, placement and maintenance of equipment, as well as the cost of electricity and other difficulties associated with the classic version of cryptocurrency mining. ECOS provides the best opportunities to make money on cloud mining! ECOS was founded in 2017. Our company is the operator of the free economic zone in Armenia and remains one of the largest official suppliers of mining equipment in Russia and the EAEU countries and the largest hosting aggregator in Russia and the EAEU. Thanks to long-term relationships with leading equipment manufacturers, ECOS receives the most modern and efficient mining equipment primarily, which allows our customers to get the maximum profit. What are the other advantages of our cloud mining platform? ✅ We accept VISA, Mastercard and cryptocurrencies for payments ✅ ECOS owns the computer complex, which allows to effectively manage the mining hardware and provides users with a convenient interface for tracking payments and calculating income ✅ The unique software based on artificial intelligence will help you to get 5-10% more revenue in comparison to the direct connection to the pool ✅ We also have daily payouts, instant withdrawals and reinvestment option ✅ An easy account area to keep track of your mining rewards 📲 To know more and calculate your profit: https://cloud.ecos.am/ Stay at home and mine with ECOS!

📈How is Bitcoin? As of Tuesday, May 19, the №1 cryptocurrency is trading at $9722,02 now, according to Bitstamp. Also, as we reported, the complexity of the Bitcoin network continues to fall and will be decreased by at least 5.14% by tomorrow. This means the revenue for miners will start to grow! 🚀Subscribe to our social media to get all the updates from blockchain world! https://linktr.ee/ecosmining

⚡️ “Both Gold and Bitcoin can be used as hedge against inflation, as they allow investors to preserve the actual value of their assets.” Anna Komashko interviewed Diane Tea to find out what bitcoin and other assets have in common, and how the cryptocurrency market will change in the near future. https://medium.com/ecos-am/the-interview-with-diane-tea-39d0b6a1db9c