Meteoric bitcoin growth awakened mainstream interest in the original cryptocurrency in 2017. But the rise in interest has not been without consequences. One of the downsides of new investors entering the market is the increase in scams, frauds, and stories of retail investors who lose their coins to shady ventures. Nowadays in the cloud mining market there are quite many scammers that sometimes don't have hardware by their side. That's why they can put the black shadow upon the whole crypto mining branch. Probably the greatest risk is associated with Bitcoin cloud mining. Sometimes the service provider looks legitimate, but in fact it is not. Most Bitcoin cloud mining companies will offer you to look at photos of their mining farms, which, of course, may be quite real, but may not be.
Good example of unfair business practice is Flymining, which is now selling its actives for 3.2 BTC. The company seemed ambitious and honest, but over time it lost its credibility and began to let down its customers.
“We sell, because it did not work out to untwist something big.” - the message says. So... it turns out that FlyMining finds it a good enough reason to frame clients.
Such mining platforms are the real problem and the main important is to find reliable ones. We all know that scammers have the definite features: supercheap prices, lots of advertisement, the lack of information on the facilities location.
ECOS is one of the largest mining companies with a the real infrastructure. Why should you believe us?
We are on the market since 2017
We have real reviews of real customers
Our activity has a governmental support
We are ready to help you 24/7
ECOS is the operator of the Free Economic Zone in Armenia
Stay away from scams and cooperate with companies you trust the most!
It seems that many of you liked our article about the best crypto podcasts! Today we will tell you about twitter accounts that you just need to follow now to keep abreast of all the events taking place in the world of blockchain and cryptocurrencies.
Saul Tarazona - a blockchain, cryptocurrency expert, philanthropist and aeronautical engineer. He has 13 years of extensive experience in STO fundraising with governmental organisations in the integration of innovative technology and tomorrow Saul will "land" on our YouTube channel!
We’ve prepared an interesting interview in which Saul will tell about:
Where to invest in 2020
How to guarantee the value of tokens
How to develop a coronavirus vaccine
See you on our YouTube channel, don’t forget to subscribe
July has already become a month of records for bitcoin. On July 6, the network’s hashrate reached values in 12З,4 EH/s. What does it mean?
Hashrate is an indicator of how many calculating power miners use to process transactions. A high level of hashrate says that miners believe in profitability, and at the same time, their activity strengthens the network.
But This is not all the heights that bitcoin has reached this month. For example, the value of Hourly New Addresses reached a two-year maximum. Indicators close to current were when the first cryptocurrency reached a historical maximum of $20,000. Also, during this time, the number of Daily Active Addresses almost tripled, from 423,000 to 1.08 million
More and more people have begun to believe in Bitcoin. Join them via the link
Today in our column “ECOS inside” we will tell you about the person responsible for sales and business development both in Russia and abroad, Maxim Skvortsov! A short story about working in the civil service, ECOS and the $250000 deal from Maxim
Until 2017, I worked in the state civil service, but even at that time I was interested in the topics of blockchain, mining and cryptocurrencies. Therefore, I began to study everything related to this. Assessing the prospects, I’ve decided to connect my future activities with this area.
In 2017, I got a job at an IT company engaged in the sales of mining equipment and its hosting. This company worked closely with Bitfury, Exscudo and OLDI.
At ECOS, I am responsible for sales and business development not only in Russia, but also in the international arena. Most of all I like our team. We pay attention for every little thing and each of us is a perfectionist. Perhaps that is why we achieve our goals.
The fact about myself
I used to play soccer professionally. This experience helps me strive for the best and achieve victories. By the way, once I closed a deal for $250,000