Topic: ✅ Cloud mining by ECOS - page 8. (Read 14605 times)

Hi there✌️

Have you started following the telegram channels we advised you? Cool, but probably you still have a lot of questions.

We’ve prepared a compilation of videos from our YouTube channel, which will help you to fill gaps in your knowledge of cryptocurrencies, blockchain and mining!

📌 What is bitcoin? How does it work? What is mining? Click on the link to find out!

📌 What is blockchain? Why can’t cryptocurrencies exist without blockchain? It is hard to start mining without knowing these facts!

📌 How to start bitcoin mining? We told you about all available ways to start mining of the first cryptocurrency!

📌 Do you know, that you can start mining from home right now? Our expert is here to tell you how to do that!

📌 Finally, we took into account all questions, which we are getting from our customers and answered them.Watch the video!

In our articles, we often tell you about the ECOS mining hotel. Today, in the “Tips for Beginners” section, we will tell you more about how mining hotels work and explain how you can make money from it right now.

🔷 What is mining hotel?

This is an industrial place where anyone can leave their own mining equipment. Typically, the area of mining hotels is well guarded, well ventilated and cooled to ensure the ongoing process of mining cryptocurrencies.

🔶 Why is it popular?

All miners started from the same thing: buying equipment and installing it at home. As you know, home mining causes many problems - limited power, constant noise, huge electricity bills and so on. In connection with that, the demand for mining hotels, which solve all these problems, has increased. In addition, mining hotels usually have access to cheap or free electricity, which greatly increases the profitability of such earnings compared to home or garage mining.

🔷 How much does it cost?

It depends on where the mining hotel is located. For example, ECOS mining company has its own quota at the capacity of the thermal power plant, which makes the prices of our services more attractive comparing with other companies. Pay attention to legitimacy of electricity the hotel uses. Otherwise you may one day lose your equipment, all such risks are described in our article ➡️➡️➡️ https://mining.ecos.am/blog/2020/03/11/fines-and-penalties-for-illegal-mining/.

🔶 How does it work?

Right now you can visit our website, purchase equipment and place it on our hosting in the mountains of Armenia, without leaving your home! You don’t need to spend your time on choosing devices and bother with their installation and maintenance. We’ve assumed it all! That's why mining hotel is a great option not only for professionals but also for beginners.

Also, specially for you, we have prepared a video ➡️➡️➡️ https://cutt.ly/QyiSGbg about how the ECOS mining hotel functions!

Yuval Noah Harari, a professor of history and author of international bestsellers shared his opinion on how our world will change after coronavirus in a recently published article that appeared in The Financial Times.

According to Harari, there are serious concerns about the fact that the governments of many countries have introduced new means of monitoring people. For example, in China the government services scan people’s smartphones, use millions of face-recognition cameras and force people to report temperature and health conditions, resulting in the appearance of applications which warn citizens about their proximity to infected patients.

It would seem that there is nothing new in that and such an approach will help many countries to overcome the epidemic faster, but the professor of history believes that’s not the point. “When your finger touched the screen of your smartphone and clicked on a link, the government wanted to know what exactly your finger was clicking on. But with coronavirus, the focus of interest shifts. Now the government wants to know the temperature of your finger and the blood-pressure under its skin.”- the author wrote.

What would this lead to?

According to Harari, “this would give legitimacy to a terrifying new surveillance system.” In his view, the technology that identifies a cough could also identify laughter, and if corporations and governments start to collect biometric data, they can get to know us much better. The writer claims that this can lead to the fact that governments will not only predict our feelings, but also manipulate our minds and impose goods or political decisions on us.

Blockchain is a key.

In his article, Harari does not say what would help humanity to get rid of such observation and manipulations, but obviously the only technology that has the power to do so is blockchain. At some point, humanity felt an urgent need for creating a decentralized financial system - that is how cryptocurrency appeared. And today we can easily imagine that if blockchain would be extended to other areas of our lives, including healthcare, this will help not only to increase the efficiency of fight against coronavirus, but also to ensure the inviolability of everyone’s personal data.

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.

📚 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.

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.

Recently withdrew funds, everything went ok. Frankly, I’m a little tired of waiting until the minimum amount for withdrawal accumulates, but it was withdrawn quickly.

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.

🎬 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

Hi guys, check our new rates for the mining equipment! They have been decreased for now! 💪🏻

You can also find a new mining calculator 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.

🤔 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

Chinese entrepreneurs earned $ 14.5 billion in a week while the whole world is self-isolated! How did they manage to do it?

While western stock markets are unstable, shares of Chinese companies are getting more expensive. The fortune of ten Chinese billionaires has increased by almost $ 14.5 billion. Their businesses are mostly related to healthcare.

Who have become richer?

The fortune of Zhong Huijuan, the head of the Chinese drug manufacturer Hansoh Pharmaceutical, increased by 16% and now stands at $ 16.6 billion - $ 2.2 billion more than a week ago. Her husband Sun Piaoyang is $ 1.3 billion richer - up to $ 13.6 billion. Let us recall that Zhong and her husband represent the richest family in China.

Cen Junda. Due to the growth of Jiangsu Hengrui and Hansoh Pharmaceutical stock, the billionaire increased his fortune by 21% to $ 7.8 billion.

Li Xitin, co-owner of Mindray Medical International, the largest Chinese supplier of medical equipment, increased his capital by $ 1.3 billion, or 11%, to $ 13.2 billion. The fortune of another founder of Mindray Medical International, Xuyi Khan, has increased exactly the same.

The owner of the ophthalmic network Aier Eye Hospital Group Chen Ban has become richer by $1 billion and his current fortune amounts to $ 9.1 billion - this is 13% more than a week earlier. Aier, headquartered in Hunan, owns more than 80 ophthalmologic clinics in the United States, Europe and Hong Kong. This is despite the fact that Aier was forced to close many clinics due to coronavirus outbreak.

But not only healthcare billionaires got richer! The fortune of Qin Inlin, the head of one of the largest Chinese pork producers, Muyuan Foodstuff, increased by $ 1.9 billion to amount $ 20.3 billion. Liu Yonghao, owner of the New Hope Group conglomerate, became richer by 1.8 billion.

Has China's richest man, Ma Huaten, increased his fortune? Yes! His fortune is now estimated at $ 44.5 billion, which is $ 1.1 billion more than a week ago! Due to the quarantine, many people in China remain at home, and the revenues of Pony Ma, the Internet giant Tencent head is increasing in connection to this.

As you can see, some people use coronavirus quarantine as an opportunity to make money. You have this chance as well!

Click to the link https://bitly.su/bqyuYj, register on ECOS website and get 0.1 TH / s of free Bitcoin mining power. Subscribe to our social networks to learn more about cloud mining and start earning right now!

📈 As of Monday, April 6, the Bitcoin price has been growing!

The №1 cryptocurrency is trading at $7077,86 now, according to Gemini.

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

🦠The Covid-19 epidemic has not yet reached its peak, but today it is absolutely clear that the consequences of the pandemic for the economy will be catastrophic.

📉If quarantine measures and measures of forced self-isolation last longer than 3-4 weeks, then millions of people will be left without work, and entire sectors of the economy will disappear.

⚒Can mining be a solution?

👍 What is ECOS? This is the best services for the best customers!

“I have been a client of ECOS since June 2019. Our cooperation began when I bought a miner. Thanks to the help provided by the company, and especially Anna, I gained confidence in your team. They helped me to solve all the questions that I had.

Beginners in the sector of crypto investments and miners always have a fear of investing in a business associated with bitcoin and cryptocurrencies. All companies say only that they are not going to steal our money and that they really provide the services they are talking about. But, unfortunately, 90% of companies associated with mining are scam. I am very glad that everything is different with ECOS and I hope that our cooperation will last for a long time. Together we will win!"

Gregorio, Panama

😱 Scared of COVID-19? We have a solution for you!

Today, when the whole world is under the COVID-19 pandemic and the borders of whole countries are being closed, many people are forced to work remotely or just dismissed. Due to the virus many economies will be damaged and many traditional types of business will be whether closed or be restoring for a long time...

❓ What if the pandemic lasts for more than several months? Do you have a plan how to ensure stable earnings during these days to protect yourself and your families?

😷 ECOS is offering a best solution when you don't need to go outside to make a living: just purchase an ASIC on-line, it will be co-located on remote Armenian hosting site up in the mountains, where nothing can stop it from mining Bitcoins - the gold of the future.

⚡️ Calculate your expected profit here https://cloud.ecos.am/alternative_invest

Get the best deal miner before the price increase and receive a 100 USD bonus in case of a purchase until the end of March 2020.

ECOS launches Global Ambassador Campaign

📌 What is it?

It is a real opportunity to earn money, representing ECOS company in your region or country.

📌 Who can join it?

We are looking for motivated and energetic regional representatives with a solid understanding of the project and BTC mining business. Do you consider yourself an Influencer and blockchain evangelist? We are waiting for you! Are you experienced in software development? Do you have a suitable background in IT? You are welcome!

📌 Why ECOS?

ECOS company is the operator of the Free Economic Zone in Armenia, which significantly reduces mining costs due to cheap electricity prices and the absence of tax fees. Also, due to the geographical location, ECOS has created and maintains the ideal conditions for mining. In addition, 24/7 support is available for customers and partners of our company.

We have already concluded a cooperation agreement with Ambassadors from Spain, Italy, Bangladesh, Bulgaria and Russia. All information about them you can find via the link: https://mining.ecos.am/info/ambassadors

📌 I want to take a part. How can i do that?

Please fill in Ambassador application form: https://forms.gle/JnX9L3A5VbfSYYgm9 and wait for the answer.

📌 I don’t understand what it is. But i want to know more.

Soon, we will host a Q&A webinar. If you want to participate please fill in the following form: https://forms.gle/yeEPXvy9iaYKNwC8A.

😷 Do you have any idea of how to spend your time more efficiently during the quarantine?

This article will help you to do so! ⬇️⬇️⬇️

https://medium.com/@ecosmining/mining-as-a-good-option-to-make-money-during-quarantine-88deae957e8