Mining is at the forefront of the security and overall concept of many digital currencies, including Bitcoin and many others.
However, setting up a mining operation is difficult. The upfront cost to make it economically viable is considerable, but it also requires a lot of technical knowledge, ongoing fine-tuning, and a myriad of other activities that many regular users simply don’t have.
This is where solutions such as cloud mining come into play. The following takes a closer look at ECOS – a cryptocurrency investment platform that also offers cloud mining services.
What is ECOS?
ECOS is a company that’s registered in Armenia with its data center facility located at Hrazdan. According to the official website, the company has been fully operational since 2017. It also reveals that it has founded the free economic zone that’s supported by the local government.
In essence, ECOS is a cryptocurrency investment platform for earnings from the best in class digital assets. It has a mission of providing its users with simple, quick, and effective tools for a wide variety of investment strategies, from passive to speculative ones.
It boasts four core products, which include:
- Cloud mining
- Mining Farm
- Cryptocurrency wallet & exchange
- Investment portfolio
- NFT
Speaking of cloud mining, it’s important to highlight the necessity of carefully vetting the platforms to work with because a lot of them are not trustworthy. According to the official website, ECOS also owns its very own mining farm and has a number of reputable partners. It also has more than 400k registered clients from all over the world.
Commenting on the matter was Ilya Goldberg, Founder & CEO at ECOS, who said:
“We use green energy for our ASICs in the amount of up to 40% of the consumed energy and planning to go for 100% – that’s why we establish contracts with hydroelectric power stations. Our asics are among the greenest in the world”
What is C
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Author: Felix Mollen