Topic: ✅ Cloud mining by ECOS - page 7. (Read 14605 times)

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.

⚡️ 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.

😊 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.

⚡️ “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

“Today is a sad day for us here at Telegram” - this is how Pavel Durov began his message published in his telegram channel. The letter stated that the TON project was closed due to insurmountable obstacles created by US regulators.

As previously reported, Pavel Durov managed to raise more than $1.7 billion during the ICO. Among investors are large companies and businessmen from the USA, Russia, Europe and Israel. In early May, the TON team sent them a proposal for the possible return of 72% of the invested funds, but the project had not yet been closed at that time, since the final decision of the American court to ban the issuing of Gram tokens had not yet been rendered. Durov says it is paradoxical, since US authorities have banned the distribution of the cryptocurrency not only in the country, but throughout the world.

It is also interesting how the creator of TON will return the invested money. At the moment, it is known that a group of businessmen, who invested in the project, are considering the option of concluding a loan agreement with Telegram on a subsequent returning of funds. Members of the another group are going to sue the Telegram creator, because according to the founder of Tokenbox Vladimir Smerkis, who also invested in TON, almost $500 million was spent on the project, which is 28% of all funds raised during the ICO, and investors will not receive anything in return for the investment they did.

At the same time, Pavel Durov notes in his letter that residents of any other countries depend on the United States in the area of finance and technology. “The US can use its control over the dollar and the global financial system to shut down any bank or bank account in the world. It can use its control over Apple and Google to remove apps from the App Store and Google Play. So yes, it is true that other countries do not have full sovereignty over what to allow on their territory. Unfortunately, we – the 96% of the world’s population living elsewhere – are dependent on decision makers elected by the 4% living in the US.” - he said.

You are right, however, now Bitcoin has risen in price, I hope that this trend remains and my cloud mining contracts will pay off.

It's not a secret that our employees are high-level professionals in their area. Starting from today, we are launching “ECOS inside”, where we will tell you about those people who do their best to help our wonderful customers get every-day profit!

Today we are going to tell you about our community-manager, Anna Komashko.

🔷 About the achievements

I have studied at Tomsk Polytechnic University, ranked №7 in the list of the best universities in Russia. In 2007 i got a red diploma of linguistic science.

🔶 Before ECOS

I’ve worked for 8 years at the British Standards Institution. During my work i was promoted from an assistant manager to the head of the sales department of the Russian office. I liked the process of selling, but always wanted to know more about the tools, which help to promote the product and to get leads. Therefore, I began studying digital marketing in 2017.

🔷 About ECOS

After the graduation, I wanted to get into an interesting international project with great prospects, which ECOS turned out to be. It allowed me not only to apply the previously acquired communication skills with clients, but also to try myself as a community manager, responsible for resolving any problems and issues that our users face during the process of interacting with ECOS. I think that helping people is a very good mission! Moreover, I like that in ECOS we have young, friendly and innovative team and cool office with a nice view from 18th floor.

🔶 The fact about myself

Before working at ECOS, i used to treat cryptocurrencies as something unrealistic and fictional, but during my work, i realized that i was absolutely wrong. Now I try to convey this knowledge to everyone.

🔷 About my favorite place

Rocky mountains (the USA). I met a bear there for the first time in my life! But it’s not the reason why i love this place. There you will find really beautiful untouched nature and peace.

The question is: what should you do in order not to lose money on mining after the halving? The answer “to stop mining” is not right at all! Why? Because, as we expect, the bitcoin price will grow soon, and the complexity of the network will decrease. And if this happens, then the price of equipment will skyrocket. If you want to invest in mining hardware today, here are some tips for you. Following them, you will definitely not lose your money.

Do not buy obsolete equipment

Antminer S9 price will fall soon, but even if it falls by 50%, it would no longer be a good investment. Unfortunately, these devices are no longer cost-effective after the halving. Yesterday we told you about the devices that are available for pre-order on our website. Using them, you can still earn good money even after the block reward reduction.

Do not buy used equipment

According to our forecasts, the price of bitcoin will grow soon, and this has always led to the emergence of new types of fraud. In order not to lose your money, buy equipment in official supplier stores, such as ECOS. By the way, our technical support is available 24/7, so if you need any help with the selection and installation of equipment, you came to the right place. Well, if you do decide to buy an used ASIC, pay special attention to the serial numbers on its case and hash boards, as well as to the stickers - if they are fresh and neat, it is likely that the device was in use. 

Cut mining costs

The less money you spend on electricity, the more you earn. Considering that earnings have already halved, the reduction of bitcoin mining costs is the main key to continue to get profits. In this case, it may be useful to draw attention to mining hotels, since they have better connection tariffs compared to local ones. Why? It's simple - mining hotels are large consumers and they usually have special conditions from generating companies, as ECOS does. Being an operator and resident of the Free Economic Zone, the company has 0 tax rates and thus offers really comfortable hosting conditions to its clients.

The Bitcoin halving took place on Monday, but conversations about the profitability of mining  will not subside for a long time - or rather, until the rate of the №1 cryptocurrency doubles in value. What equipment remains profitable after halving? What devices should you count on to continue earning? We know the answers!

🔌 Antminer T17+

This is a relatively recent model, which was announced at the end of 2019. Today, it is better to consider the “plus” version (64 TH/s). This model costs 20% less than the Antminer S17 Pro, but the difference in profitability is within a couple of dollars. What about the shortcomings? This device requires more power, which means that it will be unprofitable to use this device at home or in a garage. With low-cost electricity, T17 + will remain cost-effective for a long time.

🔌 Antminer S17+

Antminer S17 +, which was available on sale at the end of the past - at the beginning of this year, 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 76 TH/s Bitmain Antminer model can still be profitable even with the high electricity prices, but if you have cheaper or completely free electricity at your disposal, you can get the most out of it.

🔌 Antminer S19

Bitmain announced this device at the end of winter, and it immediately became clear that the S19 is a monster with incredible characteristics. A Hong Kong mining equipment retailer, CryptoMinersBro, called Antminer S19 "the most cost-effective bitcoin mining miner ever." Judge for yourselves - in comparison with the previous model range, not only the device hash rate (the declared hash rate of S19 is 95 TH/s) has increased, but also the energy efficiency, which has grown by 26%. The device is not yet on sale, too, but it is available on pre-order on the ECOS website!

Yes, the reward for mining has decreased by half, but it is worth considering that the mining complexity should also fall in the near future, because miners using outdated equipment, such as Antminer S9, will begin to leave the network one after another. In addition, we should expect an increase in the Bitcoin exchange rate, since a decrease in the reward for the mined block inevitably led to an increase in the value of the №1 cryptocurrency. Therefore, if you use the above-mentioned devices, your business will remain profitable for a long time.

By the way, all the presented models are available for pre-order  in  ECOS and you can purchase them by making a pre-order request. Or you can purchase equipment from stock right on our website and place it on a remote server in the mountains of Armenia without leaving your home.

Wow! There is so much news around Bitcoin, halving and mining, that my head is spinning. How to relax? We’ll tell you!

✅ Meditate

We are all well aware that the best way to relax is a meditation. But there are two important points that should be considered: firstly, it is very important to know how to do it right; and secondly, you need to believe in what you are doing (as with any other activity!) in order to achieve maximum results. Find a place where no one will bother you, sit comfortably, keep your back straight and try not to think about anything.

✅ Take a walk

Many governments are already starting to lift restrictions embedded because of the coronavirus. Therefore, if you have a park near your house (even if you don’t) - go out and walk, it will help you to switch off the brain. Or you can even go for a jog! It is known that brain releases endorphins during the process of running. This will help you to improve the mood and relax!

✅ Take a warm bath

It is known that water has a calming effect, so a warm bath will help you to relieve physical and emotional fatigue. But do not take gadgets with you - you need to take a break from it! Add essential oils, foam or bath salt to the water - or better all of this. Doctors do not recommend to take a bath for longer than 30 minutes, but this time is enough to relax!

Well, if you are not tired of the flow of information caused by halving, keep monitoring our social networks! Soon we will tell you what will happen to Bitcoin after the halving, and how it would affect the mining sphere.

⏰ We have a few hours left before the halving 2020!

Let’s remember the most important events that have happened since the previous one.

https://medium.com/@ecosmining/halving-is-coming-today-40ddb7ce4552

⚡️ According to Dan Morehead, Pantera Capital cryptocurrency hedge fund CEO, the Bitcoin exchange rate will break above $100,000 in August 2021.

In a letter to investors published on Medium, Morehead said that, historically, the price of BTC reached its lowest level 459 days before the halving, and then after about 446 days it rose to its maximum values.

💬 «In this cycle, the market did in fact trough 514 days before the halving. If history were to repeat itself, bitcoin would peak in August 2021» - the expert explained.

According to Pantera Capital CEO, such growth will be associated with limited supply. «The second having decreased supply only one-third as much as the first. Very interestingly, it had exactly one-third the price impact. The reduction in supply is only 40% as great as in 2016. If this relationship holds, that would imply about 40% as much price impulse — bitcoin would peak at $115,212 BTC.» - he explained.

In the published article, Morehead also recalled that his company had predicted a growth in the Bitcoin rate to $5,000 when it was worth $65.

Forbes experts also partly confirmed the businessman’s words, after reviewing the history of the BTC exchange rate against a reduction of a block reward reduction. According to them, a new class of bitcoin millionaires may emerge after the halving. 

📈 It should be reminded, that yesterday the BTC hashrate updated its maximum values. Today, №1 cryptocurrency is trading at $9911, according to Bitstamp.

In 2018, the Russian entrepreneur and creator of the Telegram cross-platform messenger, Pavel Durov, announced the creation of TON blockchain platform and the Gram cryptocurrency. It seemed that this project would be able to outperform the digital currency market. How are things going with TON and Gram right now?

To begin with, it should be reminded that Pavel Durov managed to attract more than $1.7 billion of investments after two rounds of ICO, according to unofficial data. The company has initially planned to conduct a public ICO, but then changed its mind and chose investors on its own.

WorldPress creator Matt Mullenweg, Foursquare co-founder Navin Selvadurai and fashion billionaire Silas Chou are among those who invested in the project. It is known that large Russian businessmen also invested in TON - Qiwi founder Sergey Solonin, ex-co-owner of Wimm-Bill-Dann David Yakobashvili and billionaire Roman Abramovich, who invested about $300 million.

Initially, the blockchain platform and cryptocurrency was planned to be launched before October 31, 2019, according to its White Paper. But on October 12, the U.S. Securities and Exchange Commission (SEC) reported about the filing a complaint against Telegram Group Inc and obtain a ban on Gram cryptocurrency release through a court later. Why did it happen? The Durov team has not registered Gram tokens as securities. In connection with the lawsuit, the launch of TON was delayed until the spring of 2020.

Due to the fact that permission to launch TON was not received until May 1, the Telegram team sent investors a letter, the contents of which were cited by The Bell. It transpires from the file that investors were offered several options of returning the invested funds. The first option is to return 72% of the investment size. The second - if the approval for issuing the cryptocurrency is not received before April 30, 2021, 110% of the initial investments will be returned to each investor. According to The Bell, the Telegram team asked investors to give an answer before the end of this week.

But, according to The Bell, the Telegram team just sent another letter to American investors in which they say that they would be able to return only 72% of the invested funds "due to the uncertain attitude of regulatory authorities in the United States."

If you are thinking about investing in cryptocurrency, it is not necessary to wait for the release of Gram tokens. You can invest in bitcoin mining and start earning real income right now with ECOS!

🔔 Do not miss out a new round of #Chainbusters online discussion series today! The theme of the meeting is Bitcoin Halving.

On: 2nd May 2020, at 09:30 UTC
Gates open: 09:00 UTC

The team comprises of:

✅ Dr. Marco Krohn CEO & CoFounder, Genesis Group / Genesis Mining
- One of the largest crypto mining groups in the world. Will join in from the UK

✅ Ilya Goldberg, Managing Partner, ECOS.am
 – Runs an SEZ and Mining Farm in Armenia. Leads Blockchain and crypto evangelism in Russia and Armenia. Joining in from Moscow

✅ David Marshall, Partner, TradeDog
– Top class global analysis on cryptocurrencies. Holding fort from the UK

✅ Sathvik Vishwanath, Co-Founder & CEO, Unocoin
– Well, who does not know him in India? Has seen 2 bitcoin halvings.

✅ Alex Lam, CEO, RockX
- Early mining adopter. Has seen 2 bitcoin halvings and the movement of Bitcoin in China. Will be with us all the way from Shenzen, China

🎤 Discussion Lead: Pavel Bains, CEO, Bluzelle, Singapore

You have probably heard that China plans to launch a national digital currency. What do you need to know about this?

The Chinese national cryptocurrency will be called DC/EP - Digital Currency Electronic Payment. It will work on a blockchain platform called BSN, which was launched a few days ago on April 25th.

The development of the national Chinese cryptocurrency began in 2014. The date of launch for the digital yuan has not yet been confirmed by the Central Bank, but some sources report about the full launch in mid-2021.

According to information taken from open sources, the crypto yuan will be convenient for the use - for example, in addition to the standard functions (receiving and sending payments), the ‘touch and touch’ option will be also available - in order to make a transfer, user’s smartphone will just need to come into contact with another device.

What’s wrong with that?

The point is that the crypto-yuan blockchain cannot be decentralized. This deprives cryptocurrency of one of the most important advantages - anonymity. According to representatives of the Central Bank, China generally considers its own cryptocurrency as a tool of countering new and existing digital currencies.

At the moment, it is difficult to say exactly how the launch of the first ever national cryptocurrency would affect on Bitcoin and other decentralized coins, but one thing is certain - governments have started to pay attention on digital currencies - it means that we're heading the right way!

📈Wow! Bitcoin is on a new level!   

As of Thursday, April 30, The №1 cryptocurrency is trading at $9281,39 now, according to Bitstamp.

🚀Subscribe to our social media to get all the updates from blockchain world!

https://linktr.ee/ecosmining

🚀 Bitcoin just broke through an important psychological mark of $ 8,000 and is most likely to continue growing. We recently told you about the reasons for the possible increase in the cost of cryptocurrency №1. Let’s do that again!

https://medium.com/ecos-am/bitcoin-halving-2020-what-to-expect-110b8003f52a

I always have a desire to invest, it all depends on available funds. I don’t plan to buy yet, I want to wait for the contract to end.

Last week, WTI (Western Texas Intermediate) oil prices fell below zero for the first time in history.

🔘 No one needs oil anymore?

No, this is not the case. You need to know that the only one type of WTI contract has broke through a zero mark - May Futures (CLK20). It was a delivery futures contract - concluded and prepaid for the delivery of goods in the future. 

The point is such futures are convenient for stock-market speculation. Traders usually deal with them when they are confident that they will be able to buy and resell oil under the contract before its execution time. In other words, May futures for WTI is a contract for real oil, which had to be delivered or accepted during May.

🔘 What went wrong?

Most of the US oil storage facilities are concentrated in a small American town Cushing, Oklahoma. WTI oil futures are attached to supplies to this city. The problem is that Cushing's oil storage facilities were 67% full, thus some of the reservoirs are reserved and cannot be used for stock-exchange’s contracts. It turned out that it was practically impossible to place real oil at oil storage facilities by the deadline.

🔘 Why did the price turned negative?

Traders who had contracts on their hands were ready even to pay someone to get rid of them. Because in other case, they would have to do something, what they are not able to do - to accept the real oil.

🔘 What was the result?

Due to the fact that it happened for the first time, it caused panic on the market, which affected the June futures contract for WTI - traders foresee the same problems with it. Experts say that the oil market is also capable of other unpleasant surprises. Oil consumption decreased by 30% worldwide, but oil workers don’t want to reduce production and preserve the oil wells.

🔘 What happens then?

Obviously, the world is changing and oil will no longer be in demand after some time. Humanity will switch to alternative sources of fuel, which would affect the world of finance, too and cryptocurrencies would replace fiat money. Many experts already say that investing in Bitcoin now is one of the best ways to make money in the future. You can start doing it now with ECOS.

We promised to tell you how to invest your time, while you're at home.

We promised - we tell!

https://medium.com/@ecosmining/top-5-ways-to-make-money-on-cryptocurrency-during-quarantine-6b558802279e