ECOS BTC Mining Channel

According to the FCA, every day, more and more people invest in crypto. People in the UK are more interested in Bitcoin and crypto today than in any other year. According to a UK’s Financial Conduct Authority survey, about 78% of adults have now heard of cryptocurrencies, and more than 2.3 million people in the UK hold or have owned cryptocurrencies at some point. Also, people are more aware of fluctuations. The number of investors who check their balances daily increased to 29%. If you don't want to be so nervous, consider cloud mining as a way of long-term investing. It reduces the risks of exchange rate volatility and makes it possible to earn btc every day.

All you need to know about Monero This cryptocurrency was created on 18 April 2014. The developers have focused on maximum anonymity for all transactions, which has attracted the attention of darknet users. For the first time, this protocol was used in Bytecoin cryptocurrency back in 2012, but due to the unusual dispersal of tokens during pre-mining, its developers were accused of scamming. The result of the criticism was a restart of the network by way of a hardfork, which resulted in the Bitmonero cryptocurrency being spotted. Later, due to marketing, the prefix «Bit» was removed from the name. For example, the only known anonymous cryptocurrency in the world, Monero, emerged. Who Are the Founders of Monero? Read the full article here

MicroStrategy acquired additional 13,005 BTC for $ 489 million at an average price of ~ $ 37,617, said company CEO Michael Sailor. In total, the company owns 105,085 BTC, on which it spent $ 2.74 billion. Their average purchase price is $ 26,080. The whales continue to accumulate Bitcoin. What about you? 😊😉 If you want to start mining Bitcoin now - you can get a mining contract with good discount today - on ECOS Auction! 😎 Join us at 10 am EST in @ecos_auctions chat 🤩

63-year-old loses Pension to Bitcoin investment fraud Teresa Jackson, a 63-year-old retired teacher, has unfortunately lost her retirement pension to a Bitcoin investment fraud.Reportedly, she was conned by a mystery financial advisor who persuaded her to stake $165,000 in a Bitcoin investment fraud she came across on Instagram. The anonymous man supposedly sounded very thrust-worthy and persuaded Jackson to invest $165,000, which was actually her pension pot and life savings. Beware of scammers! Please always remember that the payment for any ECOS services is done only via the website or the app! Never transfer any funds to some external wallets

Fake DarkSide gang targets energy, food industry in extortion emails Threat actors impersonate the now-defunct DarkSide Ransomware operation in fake extortion emails sent to companies in the energy and food sectors. The Darkside ransomware operation launched in August 2020, targeting corporate networks and demanding millions of dollars for a decryptor and a promise not to release stolen data. ECOS believes that such actions worsen the attitude towards cryptocurrencies and opposes blackmail. Cryptocurrencies are needed for the convenience of ordinary people.

Givenchy Parfums has launched its first NFT in support of LGBTQIA+ causes As with fashion and art, it hasn’t taken long for the cosmetics industry to get onboard the craze for NFTs, the digital tokens attributed to a unique product or service. In celebration of Pride Month, Givenchy Parfums is dabbling in this parallel universe for the benefit of Le MAG Jeunes association, which works on a daily basis to support and accompany LGBTQIA+ young people and fight against LGBTphobia. The French house has teamed up with London-based gallerist Amar Singh and the artists of Rewind Collective to offer a digital work that will be sold in a limited edition of 1,952 copies in aid of the Le MAG Jeunes association. Try NFT with ECOS Portfolio!

The decline in BTC exchange rate leads to an increase in the number of large investors and to a decrease in the number of small players. There is a classic redistribution of funds from weak to strong holders. Another reminder that correction is the time of buying, not selling.

What is a «Whale»? A «Whale» is a holder of a large amount of cryptocurrency or a trader with significant capital who has enough coins to influence the market. Why «Whale»? Large holders are specifically called «Whales» by analogy with the largest mammals in the ocean. Because of the large size of the positions when trading, «Whales» can influence the market movements in any direction. It is similar to the waves that «Whales» can make — small fish (ordinary investors) just have to ride such waves without being able to influence the course. Therefore, retail investors have to swim with the current and guess its direction, while «Whales» are able to create the market movement themselves. How Can «Whale» Investors Manipulate The Prices? Read the full article in our blog

Billionaire Steve Cohen: 'I'm Doing a Deep Dive Into Crypto, I'm Fully Converted, I'm Not Missing This' Billionaire investor and CEO of Point 72 Asset Management, Steve Cohen, says he is taking a deep dive into cryptocurrency. Emphasizing that he is “fully converted,” the billionaire said, “I’m not going to miss this. I already feel like I missed the first part of it.”

What are cryptocurrency wallets? Crypto wallets are means to keep your private keys – frankly, the passwords that give you access to your cryptocurrencies – safe and accessible, allowing you to send and receive cryptocurrencies while other nodes use public keys to verify transactions. A private key can be compared to a password, needed to gain access to a specific transaction, so it must be kept in safety — in the cryptocurrency wallet. Security is one of the reasons behind so many people becoming interested in Cryptocurrency Mining, and it’s achieved with cryptocurrency wallets. This is a necessary means of keeping crypto assets secure and safe, making them accessible only by their owner or holder of the wallet itself. Write the full article here: https://ecos.am/blog/2021/06/18/what-are-cryptocurrency-wallets/

Georgia man invests $20 in crypto, wakes up with $1.3 trillion Christopher Williamson, a nursing student, invested $20 in Rocket Bunny, a little-known crypto that launched in February this year. Christopher invested just $20 on Coinbase and overnight, it multiplied over 65 billion times. When he woke up, he could hardly believe his eyes. However, unfortunately for the man, despite his wallet showing that he is the richest man in the world, he is unable to withdraw any of his fortunes and is petitioning Coinbase to intervene. Coinbase has yet to clarify to him what exactly happened to his account. It's good that ECOS wallet does not have such failures😄

90% of China’s Bitcoin mining has been shut down after the latest move in Sichuan Sichuan province has implemented a ban on crypto mining, with power companies disconnecting the miners at the start of June 20th. With the move, it now means that about 90 percent of Chinese Bitcoin miners have been shut down, which equates to about a third of the global BTC hash rate. Already, BTC mining pools that rely on Chinese miners such as Antpool and Binance pool have seen a drastic drop in hash rate, ranging from 20 percent drops and going up to 50 percent according to some estimates. The EСOS data center is located in a free economic zone, so it is not in danger of such a situation. Besides, due to the drop in the hash rate and difficulty, it is easier to mine BTC. Hurry up to purchase a mining contract now!💪

Bitcoin S2F Model Creator Predicts BTC Over $98k by November While several analysts have gone on record to claim that we might have entered a short-lived bear market, crypto analyst PlanB on June 20 made a staggering claim saying BTC could hit a whopping $450,000 by the end of 2021. The trader predicted on Twitter much to the delight of Crypto Twitter. The creator of the famous stock-to-flow bitcoin price forecasting model, PlanB has not shied away from holding a contrasting take vis-a-vis the current crypto market sentiment. Notably, bitcoin has been on a prolonged downward trend since the May crash while the macro-economic narrative hasn’t changed much. PlanB attributed the current bitcoin price action to “Elon Musk’s energy FUD and China’s mining crackdown.” Invest in Bitcoin with ECOS!

Congratulations to the winner of the Guessing game - Bright Francis!!🥳👏🏻 His guess was $2021 for 1 Eth and it turned out to be $2015! (on blockchain.com)!🥳👏🏼 Please contact @anna_ecos to claim your prize!😙 😉Guys, don't miss our next game - coming soon!👍 And check our tasks daily to win prizes!☺️ Watch ECOS news digests to take part in the Games!☺️😉

Indian Rapper Raftaar to Be Paid in Cryptocurrency for Upcoming Performance in Canada Raftaar, an Indian rapper, dancer and music composer, made headlines this weekend for being the “first Indian artist to accept performance fee in cryptocurrency.” The performance for which Raftaar will be paid in cryptocurrency is a one-hour virtual event in Ottawa, Canada, for a private group of about 100 people. The rapper did not mention which cryptocurrency he will be paid in. We think this is the right decision. We can advise the organizers to pay him not just with one cryptocurrency, but with a whole portfolio containing a large range of cryptocurrencies (like our TOP 10 Index portfolio). 😎

A lawmaker in Paraguay said he is planning to introduce legislation to Congress next month to adopt the world's most popular cryptocurrency Bitcoin. "This is Paraguay July we legislate! #Bitcoin," Carlitos Antonio Rejala Helman, a deputy of the Nation and member of Congress, wrote Thursday on Twitter. "From the month of July all the stores of Paraguay Entertainment Group (Grupo Cinco) will accept Cryptocurrencies. One more step in the present with a view to the future," he wrote in a separate tweet. Rejala said Friday via the social media Universidad Comunera, a Paraguayan university, is accepting Bitcoin as a means of payment.

Backwardation: Will Bitcoin Fall or Rise? Financial analysts track bearish signals after BTC futures price drops below the spot exchange. It is a relatively rare occurrence called backwardation. Backwardation is a situation in the market in which a futures contract is trading below the Spot Price or cheaper than a similar futures contract with a closer expiration date. In other words, backwardation reflects the expectations of participants in the futures market that the price of the underlying asset will decline in the future. This situation arises due to the simultaneous influence of many factors, among which one can single out the dynamics of spot prices, stock levels, storage and transportation costs, weather, trade policy, etc. In general, backwardation in commodity markets occurs when supply exceeds demand in the short to medium term. Read the full article here: https://ecos.am/blog/2021/06/18/backwardation-will-bitcoin-fall-or-rise/

What is Ethereum (ETH)? Ethereum is a defined open-source blockchain with its unique cryptocurrency, Ether. It is not only a kind of source for various cryptocurrency items, but also a tool helping to execute decentralized smart contracts. The first mention of Ethereum is dated 2013, belonging to Vitalik Buterin, who, while cooperating with other co-founders, secured funding for the internet crowdsourcing project in an online publicly available crowd sale in 2014, announced official launch of blockchain in 2015. Ethereum is aimed at becoming the main source containing decentralized apps, making global users able to create a software resistant to censorship and fraud. It was 8 crypto members who created Ethereum in 2014, in Swiss Zug. Canadian of Russian origin, Vitalik Buterin wrote an authentic white paper containing Ethereum definition in 2013. Since then, he has been thoroughly improving his invention. Read the full article here: https://ecos.am/blog/2021/06/18/what-is-ethereum-eth/

How Ripple differs from Bitcoin As an exceptionally famous cryptocurrency, Bitcoin is the favourite in terms of market capitalization and joint attractiveness to traders. But there are other crypto projects that deserve your attention. Ripple XRP comes to mind almost eminently. Ripple Ripple is the title of the company behind the XRP cryptocurrency. The firm was based as a public network. Users from the network were likely to bypass banks and lend to friends and disclose credit units. However, the network failed to take off. It is incorrect to directly compare Ripple and Bitcoin, although many sin by thinking that all cryptocurrencies are equal. However, in this case, they are absolutely not similar. Going into technical details, it is worth noting that Ripple is not a cryptocurrency at all, but a token. Read the full article here: https://ecos.am/blog/2021/06/18/how-ripple-differs-from-bitcoin/