ECOS BTC Mining Channel

​Why blockchain projects fight against ASIC mining? Many blockchain projects aim at slowing the development of ASIC miners for their algorithms first of all due to the threat of mining centralization. They are eager to create an ASIC resistable algorithm, for which no specific mining equipment can be developed. But such task seems to be impossible. To reach this goal the projects would need to create such an algorithm of consensus, when ASIC miners would become unprofitable and obsolete sooner than the manufacturers create a new model for this algorithm and start selling it. Currently mining on ASIC devices is the most safe and efficient way of cryptocurrency mining. In our cloud mining service we use the mosr modern equipment, including Antminers S17.😎

​Fighting Bitcoin is pointless📊 While the cryptocurrency market is gaining momentum, people are divided into two main camps. The first one supports the digital sphere and predicts good future for it, while the second one, on the contrary, tries to “win” it. According to the blockchain experts opinion it is possible that in the nearest future the whole countries will start mining bitcoins for strategic backup purposes. Countries will even fight for the hashrate in an attempt to control the bitcoin network. The negotiations about crypto market regulation are held in the United States and the European Union, where this task is considered to be one of the main priorities for 2019. Cryptocurrencies are actively developing in some countries. In Slovenia a huge shopping complex called Bitcoin City was opened last year, where 300 shops accept cryptocurrencies. Croatia is also one of the countries with a positive attitude towards the digital sphere. Last year they created a self-regulating organization - the Blockchain and Cryptocurrency Association🏦. Its main task is to promote cryptocurrency. Taking into account all the efforts all over the globe🌎, we are convinced that the digital sphere has a bright future.

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ASIC or GPU? For Bitcoin mining it is more beneficial to use ASICs: they are quick to launch, extremely reliable and can provide more revenue than GPUs. The equipment can be paid off within 12 months already. As for any other less popular altcoins – GPUs are more preferable, as their algorithms are more flexible to mine different coins. In case of any malfunction it is easier to find spare parts. However, the pay-off period is higher. The efficiency of GPUs are lower than the ASIC one, thus to cover one ASIC you may need 4-8 GPUs. In ECOS data center for BTC mining we are using the best and most efficient ASICs – Antminers S17. Join us and get the best of the growing market!

​ECOS is launching an innovative cloud mining service and offers special conditions for VIP clients. 😎 When purchasing mining contracts from 1000 TH/s, the client is given access to the discount system, which is available to VIP-category customers only. 💸Each VIP client will see in his personal account personalized lucrative offers, promotions and discounts, selected directly for this client. 💰Customers are provided with various promotional codes for the purchase of mining contracts. The client can buy contracts for promotional codes in unlimited quantities. 💎The user receives a personal manager for any advice and technical support by phone or any other method of communication. The client will be able to get advice on equipment, the mining pool, profitability, contract status, and any other issue.

What are the benefits of cloud mining? The cloud mining service is: ✅Cheaper Purchasing of equipment can be quite expensive. You may also have some problems with the Customs. Even if you purchase the equipment and install it at home you will have scary electricity bills. We have special rates in our datacenters, which makes our cloud mining more profitable for you. ✅Safer Stay away from noise and heat as well as from possibility of fire, as due to faulty electrical wiring you are risking all your property. It’s better to use the cloud mining service and receive your revenue safely. ✅More efficient Yes, you can purchase the equipment yourself and launch it. But do you have enough experience to do it the way the professionals would do? As any mistakes may cause loss of your time and even equipment malfunctioning. It’s better to use a special service where all the equipment maintenance performed by the professionals and the service fee spread between all service users.

Mass Crypto Adoption Will be Greatly Aided by Facebook and Telegram There are often questions regarding the requirements for mass crypto adoption. It’s very hard to accurately pinpoint a single factor that will attribute to a large shift towards cryptocurrencies. One of Blockchain Capital’s partners, Spencer Bogart argued that in the next few years, stablecoins, Facebook and Telegram will be instrumental in creating the largest on-ramps to crypto so far. Most experts believe that both the rumored Facebook cryptocurrency and the Telegram Open Network token will serve as a “gateway drug”. As the interest keeps rising, people will have the ability to trade these tokens for more “traditional” cryptocurrencies like Bitcoin and Ethereum. Bogart also states that Blockchain Capital has estimated that the current crypto userbase is around 100 million. That’s roughly 10 years after Bitcoin became available for the first time. As with most technological advancements, the pace of growth will increase simultaneously with the users📈. That being said, it’s also important to note that many experts predicted that mass crypto adoption should have began by now. Given Bitcoin’s volatility however, it’s safe to say that unless there’s a major financial collapse or a revolutionary cryptocurrency pops up out of nowhere, things will keep moving at the same pace.