ECOS BTC Mining Channel

💰Jered Kenna invested $ 258 in Bitcoin mining, when the coin was worth 20 cents. A few years later, he received more than $ 30 million for them. Read this and other real-life stories of successful miners in our new article! https://medium.com/ecos-am/how-much-can-you-earn-on-mining-the-real-life-success-stories-69eb9a461bec

📈 Bitcoin is back! As of Thursday, April 16, The №1 cryptocurrency is trading at $7043,97 now, according to Gemini. 🚀 Follow our social networks to get all the updates from blockchain world! https://linktr.ee/ecosmining

​​📚 Hi, this is a “tips for beginners” section! After we published the material about the best films about cryptocurrencies, we received messages with a request to advice on similar books. We listened to our subscribers and prepared a short list of books about blockchain and bitcoin, which will fill your head with the necessary knowledge and give an initial understanding of how this technology works, why it was created and why it can change the human idea of money. 📕 ‘Mastering Bitcoin For Dummies’ If you are just taking interest in this topic, this book is great for beginning! Its author, Alan Norman, writes that Bitcoin marked the beginning of a new era. The revolutionary significance of bitcoin is that people have realized the value of digital money. The whole world was swept by a wave of interest in digital currency. Bitcoin rapidly changed the very essence of money, and this book tells in simple language how it happened. 📙 “How Money Got Free” “How Money Got Free” by Brian Patrick Echo is the most detailed and fascinating story about what the new currency is and how it is changing the economy. This book is a compulsory for anyone who wants to understand how Bitcoin and all digital currencies are arranged. Furthermore, this book talks about all aspects of the mysterious history of bitcoin: mistakes , the secret of Satoshi Nakamoto’s personality, battles in the courts and various the vicissitudes of fate, without which not a single cryptocurrency based on the blockchain could do. 📗 “Digital Gold” Nathaniel Popper’s book, Digital Gold, was one of the first. where the stories of bitcoin and how blockchain and digital currencies changed the world were told. The author paid special attention to the figure of the mysterious bitcoin founder Satoshi Nakamoto, talking with many prominent people from the time of the bitcoin formation. It shows the history of bitcoin through the eyes of several famous figures of this industry, who stood at the origins of this revolutionary technology. Among them are millionaires from Asia and South Africa, and also Winklevoss twins, who created the Gemini exchange service.

​​Despite the global economic crisis and problems related to it, the cryptocurrency mining industry is fully running. The future of digital currencies is filled with profitable opportunities for individuals and corporations, which are interested in mining or buying and selling cryptocurrencies. It means that you should not wait for the moment when the cost of bitcoin exceeds $ 10,000 to buy your first mining equipment. You must do it now! Of course, you should be aware that you cannot achieve the greatest results using outdated equipment. Bitcoin mining is a technically difficult process, which requires an energy-intensive machine that can generate the power necessary for complex operations. What does this mean? It means that you need to always be aware of the latest trends in the field of cryptocurrency mining in order to have an understanding of what technology will really be profitable, will be able to increase your investments and will not become obsolete in the near future. We decided to help you with this and prepared a short list of the best mining equipment items for everyone in 2020! 🔹Antminer T17 38Th/s - $998 Antminer T17 uses a second-generation 7nm chip and designed for mining cryptocurrencies based on the SHA256 algorithm, such as Bitcoin and Bitcoin Cash. The device has a hash rate of up to 38 TH / s and has an energy efficiency of 55 J / TH. According to Bitmain, the T17 boasts the same productivity benefits as the S17. “The Antminer T17 utilizes dual tube heat dissipation technology to reduce wind resistance. The space between the air inlet to the air outlet has been reduced by 50%, improving heat dissipation which further enhances the long-term operation of the miner and reduce maintenance costs for users” - writes Bitmain. 🔹Antminer T17e 47Th/s - $1299 Antminer T17e, like T17, uses a second-generation 7nm chip and designed for mining cryptocurrencies using the SHA256 algorithm. The device is capable of generating a hash rate of up to 47 TH / s and an energy efficiency of 55 J / TH. 🔹Antminer S17+ 64TH/s - $2197 The most expensive item in our list today - Antminer S17 + is made in the traditional manner for the latest models of the manufacturer - as two ASICs installed one on top of another with an integrated power unit. The model allows you to mine cryptocurrencies using the SHA-256 algorithm. The device is capable of generating a hash rate of up to 64 TH / s and has an energy efficiency of 55 J / TH. You decide what to choose! Do not forget that you can not only purchase the item from us, but also to co-locate it on our hosting in the mountains of Armenia, without leaving your home. You can find all three models on our website. Stay at home and mine with ECOS!

​​Before the coronavirus pandemic, economists expected that the world economy will grow by about three percent in 2020, but COVID-19 turned their predictions to dust. Now, as Bloomberg estimated, the coronavirus will cost the world's economy $5,5 trillion. It’s three times more than the GDP of Russia and more than the GDP of Germany (the largest economy in Europe). The amount of $ 5.5 trillion is still preliminary and may change, but it is now clear that coronavirus will be very expensive. For example, the size of the US budget aid package is still under discussion, but it is known that it is definitely more than $ 10 billion, but less than $ 50 billion, which Donald Trump recently spoke about. At the same time, it became known that US authorities are ready to inject about $ 4 trillion into the US financial system to stabilize the economy. According to European economists, the EU will have to spend about $ 350 billion to eliminate the consequences of one-month quarantine. This money will be spent in order to support healthcare, people and business. Such measures will help to slow down and stop the epidemic, maintain the financial stability and aid small and medium-sized enterprises bankruptcy. As for the economy of China (the second economy of the world), it has already suffered losses in the amount of $ 143.1 billion, or about 1% of the country's GDP, according to the Taihe analytical center. Since the US, China and the EU account for two thirds of the world's economic activity, their recession will be enough to slow down the entire global economy. And if we take into account the threat of falling prices for oil and metals, which would affect the commodity-dependent economies, the picture becomes more depressing. The period of instability of public financial systems and national currencies is an excellent time to draw the attention to digital money and alternative sources of income. ECOS offers you the best Bitcoin mining solutions. With us it is possible to purchase equipment and place it on a remote hosting in the mountains of Armenia without leaving your home. Visit our website to find out more. Stay at home and mine with ECOS!

🚀 How has Bitcoin been changing during its existence? 👇 Read our new article about №1 cryptocurrency https://medium.com/ecos-am/bitcoin-10-years-of-evolution-4fa1b505e2b

​​The general director of the Social Capital venture company, Chamat Palihapitiya, considered that Bitcoin will soon be able to exceed the value of $ 1 million. In his opinion, the BTC rate will grow, especially against a background of news that the US Federal Reserve plans to print $ 6 trillion. According to Palihapitiya, these circumstances would make new investors draw attention on bitcoin and other cryptocurrencies, which are independent from decisions of central banks. At the same time, the billionaire said that the growth will not happen immediately: “If you say that cryptocurrencies will replace fiat money now, then just look at the volatility of the US dollar. It’s very difficult to replace the dollar with an asset which volatility is an order of magnitude longer.” However, such an evaluation assumes that those who hold Bitcoin will be in a favorable position at the appropriate time. According to Palihapitiya, bitcoin may become a global reserve currency in the future, especially if central banks will continue to forward to the same policy and print money at the time of any economic crisis. However, he estimated that this is likely to happen "over the next 10 years." This is not the first time the billionaire supports cryptocurrencies. In the middle of 2019, the investor told that Bitcoin is the best risk-hedging tool. Chamat Palihapitiya, whose net worth is approximately $ 1 billion, is the founder and CEO of Social Capital. Palihapitiya was one of the first leaders of Facebook, joined the company in 2007 and left it in 2011. He is a shareholder and a member of the board of directors of Golden State Warriors.

​​What application do you use to call friends and colleagues during quarantine? Surely it's Zoom! The number it’s users increased to 200 million in March 2020. But did you know that recently Elon Musk prohibited SpaceX employees from using Zoom because of “significant security and privacy issues”? He recommended to use email and phones instead of it. And he is not the only one who did so. NASA also forbade its employees from using Zoom for the same reasons. Why did it happen? In mid-March, when the number of users of the service started to grow very quickly, it seemed that the only problem could be the deterioration in the functioning of the application. But, as it turned out, the problems were much more serious. At first it became known that Zoom leaked users data, and then - it became clear that the application is easy to crack. In particular, Singapore authorities banned schools from holding school lessons in Zoom, after one of the lessons was cracked by hackers. That was nice while it lasted. As the coronavirus plunged the world into chaos, forcing entire states to isolate itselfs, Zoom has become the most important communication tool. The service became so popular that it took the first place among all the free apps in the App Store, beating Google, WhatsApp and even TikTok. The financial component has also been affected by the popularity. The company’s stock were lifted on 143% since the IPO and on 44% over the past month. The company's capitalization reached $ 42 billion, and the fortune of Zoom’s CEO, Eric Yuan, reached $ 5.5 billion. Is it safe to use Zoom now? At the moment, it is difficult to say whether it is worth using the Zoom application in case of you don’t want to lose your data or make public your communication with other person. But the CEO of Zoom, Eric Yuan, claims that he is already making every effort to ensure the high level of application security. ECOS uses additional security features to protect user data, meets the PSI DSS and GDPR requirements and ensures that customers' personal data cannot be leaked. We advise you to use the products of only those companies that you really trust.

❗️We are sorry, but we had to reschedule our webinar to 13-00 UTC The new link is: https://start.bizon365.ru/room/38166/ECOSwebinar_v2 Feel free to join! 😉

🎬 For those, who have no clue what to do on quarantine, we've prepared a list of the top 5 films about blockchain and cryptocurrencies! Enjoy it! 🤙 https://medium.com/ecos-am/the-top-5-movies-about-blockchain-and-digital-currency-398b5ae0f1dd

Hey, everyone! 😉 In one hour we'll tell you how to get away from the crisis. You're welcome ✌️ 📍Date: April, 10 📍Time: 12-00 UTC 📌Link: https://start.bizon365.ru/room/38166/ECOS_100420 https://youtube.com/watch?v=Uas89ZjUdSQ

😱 How is the world reacting to coronavirus pandemic now? How to get away from the crisis? Watch our first release of ECOS News to find the answers. https://www.youtube.com/watch?v=SvbXKDFbkK0

​​If you have already watched all the training videos about blockchain and cryptocurrencies on our Youtube channel, then you should be ready for the next step. A week ago, we promised to tell you about cloud mining! We will not only tell, but also show! What is cloud mining? Cloud mining is the process of mining bitcoins or other cryptocurrencies using a remote mining center. This allows users to mine cryptocurrency without direct contact with the equipment. Cloud mining is a good opportunity for beginners to make money on cryptocurrency. To understand whether you should start cloud mining, you need to know more about its pros and cons. Pros: - You can mine from anywhere without leaving your home. A great option for everyone who is currently on self-isolation. - You don’t need to bother about equipment installation, maintenance and repair - You do not pay for electricity. You pay only for rented power! Cons: - Not the highest income compared to mining on your own equipment (as you rent just a part of a device) - Minimal control and impossibility of choosing a server. Who should try cloud mining? - Beginners! At the beginning, when you do not have enough experience in the selection and maintenance of equipment or there is no possibility to own mining devices, cloud mining is the best option! - Residents of countries with high electricity rates. - Those who do not want to be tied to equipment and those, who love to travel a lot. Or vice versa, those who can not leave the apartment for a long time, as we all now. To make it easier to understand, we have prepared a video for you, which will help you to know more about cloud mining! https://www.youtube.com/watch?v=wJwRz63A2rQ&t=9s What is ECOS cloud mining platform? We are here to show you what it’s like! https://www.youtube.com/watch?v=NgQlIHlVUSE&t=122s Click on the link to see see how the ECOS cloud mining platform functions! https://www.youtube.com/watch?v=plYuDyhoUKw Everybody better minds his own business, but we believe that cloud mining is what is the best option for a beginning crypto investor! Stay at home and mine with ECOS!

​​How big companies are helping to combat coronavirus? Apple is developing face shields, Ford is going to produce lung ventilation equipment, and restaurants turn into stores. Apple CEO Tim Cook said on Twitter that the company has developed face shields for healthcare providers and plans to deliver more than 1 million items every week. According to a top manager, the creation of face shields was an initiative that merged together product developers, engineering, operations and packaging teams, as well as company suppliers. The first batch of face shields was already delivered to one of the hospitals in the state of California, and the doctors' feedback was "very positive." Each shield can be assembled in less than two minutes, and its size is adjustable. In addition, Apple has supplied more than 20 million face masks worldwide. “We continue to cooperate closely with governments at all levels to ensure that the masks are transferred to places where they are most needed,” Cook said. How do other companies fight coronavirus? Ford and General Motors have announced that they are negotiating with the White House about starting a producing lung ventilation equipment on their factories, as Dyson, the manufacturer of vacuum cleaners, began to do. Swedish furniture giant IKEA began producing medical masks, while French alcohol manufacturer, Pernod Ricard, promised to donate 70,000 liters of pure alcohol to his partner Laboratoire Cooper, which supplies antiseptic hand gels to all pharmacies in France. Alcohol producers, such as Scottish Leith Gin and Verdant Spirits, as well as BrewDog, which brews craft beer have also begun producing antiseptic gels in Europe. An interesting story happened in Los Angeles, where the Dog Haus Worldwide restaurant chain launched the new Haus Market project and opened its storerooms, offering guests basic ingredients that they can buy and cook at home. The range includes gourmet hot dogs, burgers, sausages, potato balls and rolls. ECOS is not outside this process, helping customers from all over the world earning money remotely on cryptocurrency mining during the pandemic times. Start earning now and let the crisis stay away from you!

​​Hi guys, check our new rates for the mining equipment! They have been decreased for now! 💪🏻 You can also find a new mining calculator (https://cp.ecos.am/user/buy-hosting) which would allow you to see the estimated profit of your device over time! 📈📈 P.S. Get 100 USD cashback to your account balance with every device purchase. The offer is available only untill 23:59 April,12.

❓How do you spend your time on quarantine? Our new article may help you to be more productive during these days! https://coinnounce.com/how-do-you-manage-the-main-resource-of-your-life-time/

🤔 Why is mining more relevant today than ever, and how does the global economic crisis and coronavirus affect it? Read our today's article about it 👇 https://medium.com/ecos-am/pros-and-cons-of-cryptocurrency-mining-in-2020-58ef5999460

Hey, everyone! We are happy to tell you that we've decided to renew our webinars 😉 This Friday we'll tell you how to get away from the crisis. You're welcome ✌️ 📍Date: April, 10 📍Time: 12-00 UTC https://youtube.com/watch?v=Uas89ZjUdSQ

​​A well-known entrepreneur, Robert Kiyosaki, criticized US financial policies on Twitter. He wrote: “Today, the US debt to GDP is 110% and climbing. US is bankrupt.” The investor also noted that it is worth to "save gold, silver and Bitcoin." This is not the first time the expert has supported cryptocurrencies. In 2018, he expressed the opinion that in the foreseeable future, cryptocurrencies and precious metals will displace fiat money by comparing cryptocurrencies and precious metals with a toaster that will “push out” the fiat currency. “The dollar is a real scam. I think that we will see its sunset soon. " Now, during the financial crisis due to coronavirus pandemic, Kiyosaki's predictions are more relevant than ever. Chainalysis Consulting Group from New York presented another research of trends in the field of Bitcoin circulation. Experts came to the conclusion that recently, investors have begun to conduct transactions with Bitcoin more actively, paying less attention to its price fluctuations. And BTSE co-founder Jonathan Leong noted on his twitter that Bitcoin, surpassing the $ 7,000 mark, is showing its stability, despite probably the most severe economic crisis in history.

📈 As of Tuesday, April 7, Bitcoin is going to the moon! The №1 cryptocurrency is trading at $7418,73 now, according to Gemini. 🚀Subscribe to our social media to get all the updates from blockchain world!