ECOS BTC Mining Channel

📈New study: Cryptocurrency market volume will reach $ 184 million by 2024 Recently experts have published a paper entitled “The Cryptomatics Market: Forecasts for 2019 - 2024”💰 According to this work, the growth rate of the cryptocurrency market will increase by 47%. As a result, in four years, the sector will count for $ 183.7 mln. At the same time, in 2017, this indicator was only 18.5 mln. According to analysts, today the industry is constrained only by the lack of regulation. However, in the near future this problem can be solved. As previously reported, representatives of the European Union said that in 2019 the regulation of cryptocurrency and blockchain will be one of the priority tasks. In addition, the US Securities and Exchange Commission recently issued a license to the cryptocurrency exchange Bitmain. It became the nineteenth sector company in New York, which received official permission to operate. It is also planned to bring the market out of the shadows in the CIS countries and other parts of the world. According to the study authors, North America and Europe are currently the leaders in the industry, where they are actively introducing blockchain and are increasingly paying with cryptocurrency. At the same time, experts expect an increase in demand for cryptocurrency ATMs in the Asia-Pacific region, where the popularity of digital money, especially bitcoins, is now growing.

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​Dear friends, ECOS is taking part in the Global Shopping Festival on November 11!😎😊 🔥Get ready for the great discounts! One day only - don't miss your chance to take part!👍

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​📈Find the statistics of Bitcoin growth over the last 10 years. Can you see the positive tendency? Do you still doubt? Start mining now until it's not late!💰

✅What is bitcoin halving? ⠀ Halving is a halving of the amount of remuneration to miners for adding a new block to the blockchain. Satoshi Nakamoto programmatically included halvings in the Bitcoin network every 210 thousand blocks, that is every 4 years until the moment when the production of 21 million coins (presumably in 2140), will be finished. ⠀ ✅How many times was halving introduced? Halving was held twice in the bitcoin network: November 28, 2012 and July 9, 2016. ⠀ ✅When will the next halving happen? Given the fact that miners add a new block to the network about every 10 minutes, the next halving on the block 630000 can be expected in May 2020. ⠀ ✅Why do you need halving? The main task of halving is to control the issue of cryptocurrency and prevent its inflation. ⠀ ✅How does halving affect mining and miners? Halving usually stimulates the growth of the asset exchange rate. In a year after the first halving the exchange rate increased by 407 times📈. The cost of BTC exceeded 1000 USD. In a year after the second halving the exchange rate increased by 20 times📈. The cost of BTC exceeded 20000 USD. So after the halving of 2020 it is also expected that BTC exchange rate will grow.😎

📅On October 30-31 ECOS took part in the conference and exhibition TechWeek 2019 in Skolkovo, Moscow, dedicated to digital technologies for business. 🏢 The exhibition hosted the most modern novelties of the digital industry. ECOS presented its services on equipment supply, hosting services, cloud mining as well as services of the Free Economic Zone in Armenia. 🎁ECOS booth visitors had a chance to win a cloud mining contract as well as to talk to ECOS representatives and ask all their questions. 🤝The exhibition was very fruitful, ECOS is grateful to all its vititors for exchange of experience and hopes to have further beneficial cooperation.😊

Bitcoin can be treated differently. Today we will share with you the facts that will make you love Bitcoin❤️ Well, or at least understand its significance and greatness💪 ⠀ 1️⃣Uniqueness. Bitcoin is the first fundamentally different money system that excludes intermediaries. ⠀ 2️⃣Fanastastic growth. Over the past 10 years, the price of bitcoin has grown by more than 10,000 (‼️) times. ⠀ 3️⃣Limited quantity. The number of coins of bitcoin is limited to 21 million. This is prescribed in the algorithm and is not subject to change. ⠀ 4️⃣Prospects. Forecasts of the cost of bitcoin vary. For 2020-21. put several options - from $ 100,000 to $ 2 million. ⠀ 5️⃣It's not too late. ➖ Less than 10% heard about bitcoin ➖ Of these, about 10% understand the main points ➖ 10% of them know how to make money from it ⠀ You can catch it. Want to know how?Contact us📬

​Dear friends, we have introduced a new range of contracts! 🔥 While Bitcoin is growing it is the best time to jump into the last train and mine enough btc with ECOS new contracts📈 Hurry up, the number of contracts is limited!😎

📅ECOS invites you to the Conference and Exhibition on Innovative Technologies for Modern Business TECH WEEK 2019. The event will take place on October 29 - November 1 in the Skolkovo Technopark, Moscow. 📍In ECOS booth №15 you will have a chance to get acquainted with the most modern and powerful mining equipment ANTMINER S17 and ANTMINER T17 from the world leading manufacturer BITMAIN. This time you will also have a chance to win a 1-year mining contract using our traditional bright lottery drum. ECOS experts at booth 15 will accept applications for the pre-order sale of the latest equipment, so if you hurry up you will have a chance to get it. 📍If you are new to mining you will be offered a secure cloud mining, which is supported by the Government and is situated in the Free Economic Zone. There are no similar projects in the market. If you are a business representative ECOS will offer you a dealership for the sale of mining equipment, which will be of interest to both large market players and new companies. Visit our stand at TECH WEEK, we are looking forward to meet you!😊

How to obtain cheap electricity? ⠀ A lot of miners would like to know how to answer the question. It is not a secret that for cryptocurrency mining many resources are required to produce energy. That’s why electricity bills may rocket into the sky. ⠀ If you want to save money, use renewable energy. For example, the wind energy or the energy from the soil. ⠀ Although, one of the most popular types is solar. As a rule, people install solar panels on the roofs. According to researchers, 6 panels with the capacity of 1.5 kilowatt produce 9 kilowatts of electricity. By the way, mining equipment consumes about 1000-5000 watts оr 1-5 kilowatts. So, solar electricity would be enough to power equipment. ⠀ That’s why today mining companies use this type of energy. One of them is California-based Plouton Mining. The company is planning to build North America's largest solar powered Bitcoin mining farm. Its solar panels will generate 10-13 megawatts of electricity daily. ⠀ If you want to save, there is another option. You could lease a hardware in a cloud mining service. Normally these firms have profitable tariffs for electricity. For example, ECOS, where the minimal contract price is $20. http://amp.gs/qy2n

How does blockchain technology works? ⠀ This technology helps to track the path of goods from agricultural fields to the marker shelves. Let’s say it will be tomatoes. How it can work? ⠀ A vegetable supplier from California has created a block with information about the origin of tomatoes and the date they were collected. Consumers and a store can have access to this block, but they can’t edit it. ⠀ In blockchain it’s possible to create vegetable database, where suppliers will create blocks about goods. To read it buyers will need to scan a code with their smartphones. ⠀ Why we need blockchain? To make supply chains more transparent.

🤔How to choose mining hosting service? ⠀ Solo mining is becoming unprofitable. So, it’s time for hosting. ⠀ #1 Price Compare electricity prices in different services. In the US it could be about $80-85 for Kw, in Armenia and other Eastern European countries a few times lower. ⚡️ 2# Cooling If a cooling system is not effective, mining also won’t be effective. ⚡️ 3#Reputation Analyze the information about the company, its website and social media activity. Use the criteria, choose a good hosting service and make money from cryptocurrency mining! http://amp.gs/qYvy

🤔Is it too late for mining? 👋Some people say that cryptocurrency mining was supposed to be successful a few years ago. Although, experts expect market growth. ✅According to American venture investor Tim Draper, the Bitcoin price will reach $250,000 by 2022. Moreover, software founder John McAfee predicts that it will cost $1 million by 2021! ➕Also, nowadays market giants are expanding the business. For example, North American mining farm Plouton Mining is coming to California. 🤝So, the market is growing. It’s time to mine! http://amp.gs/qTYI