✅ Cloud mining by ECOS

[Andri_1]

So why do you need  to raise money? Is that true, that you will buy more equipment to mine coins and this is the reason of fundraising?

Do you really think so? I believe that the fundraising is not only for this

And why do you still have to collect money? It is necessary to expand the platform through the purchase of equipment.

[1714785839]

1714785839

[1714785839]

1714785839

[HMember]

Cloud mining now received too many negative reviews because many projects turned out to be a scam. Let's see how it will be with this.

[dolcevita99]

Cloud mining now received too many negative reviews because many projects turned out to be a scam. Let's see how it will be with this.

Yes, I heard about such projects. Many were really scammers. At the beginning of the project and this was not possible to assume.

[Trader_13]

Cloud mining is now popular, but there are few that really make a profit. So I decided to try using this one.

[^BuTcH^]

Why Evgeny Gurvich has a different name here:

Lol, it is kind of name variation, like Thomas- Tom- Tommy.

By the way, what does cloud mining mean in general? I still can't get what I have pay for and how would they use my money.
What is more important, I can't get how profit appears and what is average ROI, how stable it is and so on.

[Slow death]

Why Evgeny Gurvich has a different name here:

Lol, it is kind of name variation, like Thomas- Tom- Tommy.

Maybe!

Zhenya Gurvich is a singer

Evgeny Gurvich is a PR & Communications Manager

By the way, what does cloud mining mean in general? I still can't get what I have pay for and how would they use my money.
What is more important, I can't get how profit appears and what is average ROI, how stable it is and so on.

https://www.investopedia.com/terms/c/cloud-mining.asp

[veekky]

So why do you need  to raise money? Is that true, that you will buy more equipment to mine coins and this is the reason of fundraising?

- raise money?

- buy more equipment to mine coins?

Where did you see that? Did you see that on their site? because I did not see anything about it and even in that thread do not have any information about it

I didn't see that, I am just wondering what is the purpose of money payed by users.
"buying more equipment""- this is my vision of their business model, they accept payments, buy some new mining equipment to provide users with share of hash rate.
That's how I see it

[bellicose]

Cloud mining now received too many negative reviews because many projects turned out to be a scam. Let's see how it will be with this.

Yes, I heard about such projects. Many were really scammers. At the beginning of the project and this was not possible to assume.

Everywhere there is a scam, so now not to invest in any cryptocurrency projects after this? You should always strive forward and abide by competent moneymanagement.

[GromovSer]

The fact is that Zhenya and Evgeny are the same name in Russian. Therefore, I do not see any problems here.

[Andri_1]

Why Evgeny Gurvich has a different name here:

Lol, it is kind of name variation, like Thomas- Tom- Tommy.

Maybe!

Zhenya Gurvich is a singer

Evgeny Gurvich is a PR & Communications Manager

By the way, what does cloud mining mean in general? I still can't get what I have pay for and how would they use my money.
What is more important, I can't get how profit appears and what is average ROI, how stable it is and so on.

https://www.investopedia.com/terms/c/cloud-mining.asp

Even if they wanted to come up with a fake name, you did not think that you can invent absolutely anything and not use an existing one?

[stompix]

So why do you need  to raise money? Is that true, that you will buy more equipment to mine coins and this is the reason of fundraising?

- raise money?

- buy more equipment to mine coins?

Where did you see that? Did you see that on their site? because I did not see anything about it and even in that thread do not have any information about it

I'm doubting they plan to BUY more miners

With all the editing on their pics:



It's the same picture as here:


https://www.avito.ru/moskva/oborudovanie_dlya_biznesa/asic_antminer_s17_56_ths_s_obp_novinka_1516423008
http://archive.fo/PsYgN

So, the miners that are going to mine in their datacenter in Armenia are for sale in Moscow?

[hamster fat]

ECOS, what is your answer for that picture above? It is strange situation here, I am curious how come that pictures are the same.

[coinbitcoin91]

So why do you need  to raise money? Is that true, that you will buy more equipment to mine coins and this is the reason of fundraising?

You know, I revised the project and all its records, and I think that the fundraising is happening precisely for this reason. To some extent this is good for the project.

Yes, I agree with you. Perhaps fundraising is now the most profitable condition for the project and its development. So you should listen further.

[Zianingbu]

The fact is that Zhenya and Evgeny are the same name in Russian. Therefore, I do not see any problems here.

I think this is not a problem. Just change the name, make the correct translation. So do not dwell on this.

[ECOS_CloudMining]

So why do you need  to raise money? Is that true, that you will buy more equipment to mine coins and this is the reason of fundraising?

Dear Veekky,

we have invested into the project - bought equipment (Antminers S11s and S17s, which are not cheap as you know) so now we are providing this equipment for rent, share the mining capacities with users, thus allowing all of us to earn money from the crypto market.

[ECOS_CloudMining]

Although I have wide experience in crypto currency, I still can't understand what is the point of cloud mining? What is the difference between traditional and cloud mining?
Frankly speaking I have low trust for all cloud mining services, so what would you say to change my mind?

Dear ^BuTcH^,

Compared to traditional mining the cloud mining service is:
-   Cheaper
Purchasing of equipment can be quite expensive. You may also have some problems with the Customs. Even if you purchase the equipment and install it at home you will have scary electricity bills. We have special rates in our datacenters, which makes our cloud mining more profitable for you.

-   Safer
Stay away from noise and heat as well as from possibility of fire, as due to faulty electrical wiring you are risking all your property. It’s better to use the cloud mining service and receive your revenue safely.   

-   More efficient
Yes, you can purchase the equipment yourself and launch it. But do you have enough experience to do it the way the professionals would do? As any mistakes may cause loss of your time and even equipment malfunctioning. It’s better to use a special service where all the equipment maintenance performed by the professionals and the service fee spread between all service users.

Thus, the bigger the farm is, the more modern and reliable equipment is used there, the less expenses are on each miner maintenance, which allows us to provide you with the best contract rates.

[ECOS_CloudMining]

Cloud mining now received too many negative reviews because many projects turned out to be a scam. Let's see how it will be with this.

Yes, I heard about such projects. Many were really scammers. At the beginning of the project and this was not possible to assume.

Dear Dolcevita99,

yes, there are scam projects in the market, we agree. And our aim is to stand out of that scam crowd. One of our advantages is that we are not just a project that popped out of nowhere, but are Free Economic Zone operators. We have no chance to be a scam, as the Government of Armenia appointed us to be responsible for the Zone and all its activities, including the Cloud mining service.

[ECOS_CloudMining]

So why do you need  to raise money? Is that true, that you will buy more equipment to mine coins and this is the reason of fundraising?

- raise money?

- buy more equipment to mine coins?

Where did you see that? Did you see that on their site? because I did not see anything about it and even in that thread do not have any information about it

Our data center is also situated there.

Why do not you show video of your datacenter? as you are regulated by the government and you have nothing to hide from anyone, recording a video that shows your data center should not be a problem for you and this will be very good for future investors

Who are these people:



Source: https://abf.am/

Why Evgeny Gurvich has a different name here:



Zhenya Gurvich

https://valet.ru/user/5662239/ ( archive )

Dear Slow death,

Evgeny Gurvich is no longer part of our team, all other members on the photos are. 

[stompix]

~

Dear Slow death,

Evgeny Gurvich is no longer part of our team, all other members on the photos are. 

Oh, how convenient, he resigned when he was found impersonating someone else....
Still, no feedback why you posted an add (with the same photo you advertise the gear in you mining datacenter) selling the same gear in Moscow?

And why the heavily edited photos, do you really think we can't trace those?

[ECOS_CloudMining]

Why Evgeny Gurvich has a different name here:

Lol, it is kind of name variation, like Thomas- Tom- Tommy.

By the way, what does cloud mining mean in general? I still can't get what I have pay for and how would they use my money.
What is more important, I can't get how profit appears and what is average ROI, how stable it is and so on.

Dear ^BuTcH^,

Let us explain to you:

Cloud mining allows the use of computing power for data processing centers and mining cryptocurrency without the need of buying special equipment, software, spending on electricity and so on.
The main idea of cloud mining for Bitcoin — which is also called cloud hashing — is that the user buys some computer power of the machinery set up in such data centers after agreeing on a cloud mining contract and do mining via cloud.

Cryptocurrency cloud mining has many advantages for those who are not so technically skilled and are not ready to compile the equipment and set the special software. Besides that, this is a great opportunity for people living in countries with a too high cost for electricity to set up their own mining farms.

Af for profit you may have a look at the average calculation of a contract profitability based on current mining difficulty and BTC price on July 08, 2019:

✔️Example: 365 days contract, 1 TH, price 39 USD

Based on the information, provided on BTC.com, 0,00003169 BTC is the mining earning of 1 TH per day, which is 0,37 USD (with exchange rate = 11850 USD for 1 BTC). The daily service fee is 0,13 USD, so the daily profit can be estimated as 0,24 USD. The revenue you receive is around 87.6 USD, where your net profit is estimated as 48.6 USD.
If Bitcoin exchange rate grows the profit will be even better.