BTC USD 78,222.7 Gold USD 4,381.82
Time now: Jun 1, 12:00 AM

Paying Best cloud mining platform - ecos.am

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ECOS is getting ready for Black Friday! While BTC exchange rate has decreased a bit ECOS is giving you a great opportunity to enter the crypto market with contracts with discounts! The contracts start from 49 USD only for 2 TH power! Go and check the great deal on mining.ecos.am
 
Regarding payback, it all depends on the course of bitcoin. Personally, I have already reached a profit! I can not say about the withdrawals, since I do this at different times depending on my needs.
 
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Get your own equipment working for you bringing extra profit!

✅ECOS represents a new service – purchase of equipment + hosting installation just with several clicks!

✅No matter where you are situated - now you can select the most modern mining equipment, purchase it on-line and ECOS will install it on behalf of you in the reliable hosting site in the Free Economic Zone of Armenia with low electricity rates.

✅There are just several steps:
- Register on mining.ecos.am
- In your account dashboard click on “Add device”
- Select your device and payment method and get a device + 1 month of hosting in a couple of minutes.
- You can also connect your own device to ECOS personal account dashboard to monitor the device operation. Due to our AI technologies your device will be able to mine up to 10% more each month

✅We are ready to hold an on-line tour of the ECOS datacenter in the Free Economic Zone on YouTube for you.
✅Just provide us with a feedback on the date and time you would like it to be held.
 
Dear friends, we have launched a new telegram bot for you to get quick answers to the Frequently Asked Questions regarding ECOS cloud mining service.😊

✅If you haven't found an answer to any question you would like to ask please let us know and we will add it to the list

✅Click HERE to get the answers
 
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"The price of Bitcoin will increase by 2-3 times." We’ll tell you why cryptocurrency will replace gold.

☑️Pfeffer Capital founder John Pfeffer talks about the prospects for a main digital coin.

☑️Bitcoin is not “digital gold,” Pfeffer Capital founder John Pfeffer said at the Future of Digital Assets in London. According to the entrepreneur, sooner or later, the first cryptocurrency will replace the precious metal, which will lead to its price increase by 2-3 times, reports Bloomberg.

☑️“We rely on Bitcoin, because it is included in our investment portfolio ... This is an asset that seeks to become digital gold and gives great hope. Sooner or later this will happen, ”said Pfeffer.

☑️The founder of Ikigai Asset Management, Travis Kling, agreed. He noted that Bitcoin has special investment characteristics that become more attractive during financial crises. Investors buy the first cryptocurrency not because it is a means of saving, but because it may become one in the future, Kling emphasized.

☑️In November, two more experts compared Bitcoin with digital gold. Silvergate head Alan Lane suggested that the main digital asset could become an alternative to the precious metal, turning into a global reserve currency. On November 19, analyst Ronnie Moas wrote that the first cryptocurrency is a more reliable means of preserving value than the dollar, due to waning inflation.
 
Mining now has good profitability, especially if you take a large contract.
 
Hi guys, we have launched a new set of educational videos on ECOS channel for those who are new to mining 😊 and the first video is about cryptocurrencies and blockchain.

 
The forerunner of the rally! How Bitcoin network congestion affects the cryptocurrency rate.

☑️After the overflow of the mempool in the spring of 2019, the main digital coin went up by 250%. In the same situation, the asset began to rise in price in 2017.

☑️On March 26, 2019, the number of unconfirmed transactions on the Bitcoin network soared by 24,500% over 10 days, reaching 43 million bytes, according to the Blockchain portal. At the same time, the cost of the first cryptocurrency began to increase, and within 3 months it went up from $ 4,000 to $ 14,000.

☑️A similar overload occurred in early November 2017. After that, the exchange rate of the main digital asset grew from $ 6,000 to $ 20,000 over the course of a month. We noted all instances of the overflow of the mempool in the Bitcoin network since 2017 on the chart to check whether there is any correlation between these events.

☑️The green line shows Bitcoin value changes since 2017. Black dots indicate the dates when the network overload of the first cryptocurrency occurred. The graph suggests that in 12 of 15 cases after the overflow of the mempool the price of the main digital coin began to rise.

☑️Network congestion occurs when a lot of unconfirmed transactions are formed on the cryptocurrency blockchain. To make the transfer faster, people increase the amount of the commission that they will pay to the miners. This leads to an increase in demand for Bitcoin, which can cause a sharp increase in its value.

☑️The last time the congestion in the Bitcoin network occurred on November 15 of this year. The number of unconfirmed transactions grew by 8700% within a few hours. However, then the rally did not follow. The overflow of the mempool could be caused by an attack on the network of the first cryptocurrency by Bitcoin SV supporters or a failure in the system of the Blockchain information portal. Bitcoin's growth is still to come.
 
The data of the hashrate network and the complexity of mining show that bitcoin miners do not capitulate dispite the falling prices, experts say.
Last week, there were some rumours about the surrender of miners-the sale of all mined coins due to a price reduction of 17%.
On Saturday, the bitcoin hashrate almost reached a maximum, showing 111 TH/s.

"There is no surrender of miners. They know exactly about the upcoming halving and apparently are not aware of the recent fall, " says entrepreneur Alistair Milne.

If you don't yet know what halving is, you can read about it in previous posts. According to experts, the fall of bitcoin should not last long and in the near future the first cryptocurrency should again begin to gain momentum for growth.
 
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