✅ Cloud mining by ECOS

[serantepe]

The reliability of cryptocurrencies

Experts predict that cryptocurrency will rise in price from $8400 till $60000 or even $250,000. But what we know about the reliability of coins?

In september hash rate of the Bitcoin Network has updated the historical maximum. We know that hash rate shows the processing power of equipment. The higher its level, the more secure the net is. Analysts expect that hash rate rises. So, the Bitcoin Network will become more reliable and inaccessible for hackers.

What do you think is the reason for increasing the Bitcoin Hash rate? Is it possible that buyers in such a difficult market are growing in interest in bitcoin?

It's hardly that "buyers" are growing in interest. This sounds like traders are growing in interest, which actually don't care much about hashrate, nor even the price as long as it swings. I would think general public is growing in interest in bitcoin and therefore more and more are coming into crypto scene one way or another. Some buy, some mine, some are lured into cloudmining, some try other stuff.

From your words, I understand that in essence the hash rate has grown without any reason. It is very strange.

[Nevsky]

Hello. China wants to eliminate the cryptocurrency mining in the country. It always used to be home for the world's largest cryptocurrency mining farms due to cheap electricity. But now the government has decided to clear the mining business all over the country and started with Mongolia.
The new regulation may impact not only the mining farms but also the mining equipment manufacturers, which may cause deficit in mining facilities and mining equipment in the market. So our advise is to start mining now until the deficit arised and mining contract prices increased. A cloud mining service called ECOS is the best solution for you as its mining farm is situated in the Free Economic Zone in Armenia with low electricity rates and high profitabiity indicators. So you can join the platform right now and get ready for the bullrun. Stay with us!

WATCH

China is a very strange country: today they forbid cryptocurrency,  but tomorrow, they are already building huge mining farms.

But is China today not a leader in terms of capacity? And yes, if I'm not mistaken, the mining farms is still in China. Or am I missing something?

You are right. The main thing that China has huge  capacity which is capable of building the most powerful mining farm in the world.

I heard that a large mining farm burned out in China - equipment was destroyed by $ 10 million. Against this background, the Bitcoin network hashrate plummeted by 5%.

I have not heard of such information. Maybe you share a link to this resource so that I read the whole article?

You can use google to find information. I read it on Twitter. Here is the link - https://twitter.com/NanoBank/status/1179435216324169729. If this is not a fake, I think the network has a lot of information about it.

[ECOS_CloudMining]

The Giveaway Results!

WATCH

[Crypto_hive]

The reliability of cryptocurrencies

Experts predict that cryptocurrency will rise in price from $8400 till $60000 or even $250,000. But what we know about the reliability of coins?

In september hash rate of the Bitcoin Network has updated the historical maximum. We know that hash rate shows the processing power of equipment. The higher its level, the more secure the net is. Analysts expect that hash rate rises. So, the Bitcoin Network will become more reliable and inaccessible for hackers.

What do you think is the reason for increasing the Bitcoin Hash rate? Is it possible that buyers in such a difficult market are growing in interest in bitcoin?

Most likely, the hash rate has grown due to the connection of additional capacities to the mining network. I think this will only have a positive effect on the growth of Bitcoin.

[defyance]

The reliability of cryptocurrencies

Experts predict that cryptocurrency will rise in price from $8400 till $60000 or even $250,000. But what we know about the reliability of coins?

In september hash rate of the Bitcoin Network has updated the historical maximum. We know that hash rate shows the processing power of equipment. The higher its level, the more secure the net is. Analysts expect that hash rate rises. So, the Bitcoin Network will become more reliable and inaccessible for hackers.

What do you think is the reason for increasing the Bitcoin Hash rate? Is it possible that buyers in such a difficult market are growing in interest in bitcoin?

It's hardly that "buyers" are growing in interest. This sounds like traders are growing in interest, which actually don't care much about hashrate, nor even the price as long as it swings. I would think general public is growing in interest in bitcoin and therefore more and more are coming into crypto scene one way or another. Some buy, some mine, some are lured into cloudmining, some try other stuff.

From your words, I understand that in essence the hash rate has grown without any reason. It is very strange.

Hash rate without a reason would not have grown of course. But I would not relate the price and the hash rate directly. The price is influenced by many other factors.

[tmnxmu]

What is a minimum deposit to start mining here?

[serantepe]

The Giveaway Results!

WATCH

That's cool, my congradulations. I'm sad that I forgot about your giveaway. Would you planing more?

[I3arni]

What is a minimum deposit to start mining here?

Hello! You can find it here https://mining.ecos.am/
There are packages for both beginners and advanced users.

[artdor]

Cryptocurrency is less responsive to news including forecasts of experts. The cryptocurrency market largely depends on the overall global economy and of course the human factor.

Yes, a lot of factors influence cryptocurrency. From Twitter feeds and fake news, to the fall of oil or gold. Of course, once the market will have more precise regulation, as well as institutional support.

[defyance]

Cryptocurrency is less responsive to news including forecasts of experts. The cryptocurrency market largely depends on the overall global economy and of course the human factor.

Yes, a lot of factors influence cryptocurrency. From Twitter feeds and fake news, to the fall of oil or gold. Of course, once the market will have more precise regulation, as well as institutional support.

I hope that if there is regulation of cryptocurrencies, it will be reasonable. The crypto community is divided into 2 camps, some do not want regulation in any form, others agree to some regulation.

[farraddy]

The reliability of cryptocurrencies

Experts predict that cryptocurrency will rise in price from $8400 till $60000 or even $250,000. But what we know about the reliability of coins?

In september hash rate of the Bitcoin Network has updated the historical maximum. We know that hash rate shows the processing power of equipment. The higher its level, the more secure the net is. Analysts expect that hash rate rises. So, the Bitcoin Network will become more reliable and inaccessible for hackers.

What do you think is the reason for increasing the Bitcoin Hash rate? Is it possible that buyers in such a difficult market are growing in interest in bitcoin?

Most likely, the hash rate has grown due to the connection of additional capacities to the mining network. I think this will only have a positive effect on the growth of Bitcoin.

It's possible. But the price of bitcoin has fallen slightly, this suggests that at the moment the supply exceeds the demand, despite the increased hash rate.

[bignnamdi]

Nobody can stop price falling down, the time will show us what does that project can without btc.

[artdor]

Cryptocurrency is less responsive to news including forecasts of experts. The cryptocurrency market largely depends on the overall global economy and of course the human factor.

Yes, a lot of factors influence cryptocurrency. From Twitter feeds and fake news, to the fall of oil or gold. Of course, once the market will have more precise regulation, as well as institutional support.

I hope that if there is regulation of cryptocurrencies, it will be reasonable. The crypto community is divided into 2 camps, some do not want regulation in any form, others agree to some regulation.

Exactly. Most likely, the regulation of the cryptocurrency market will be only for the good. I am ready to even pay taxes on my income. Maybe that's why institutional investors are still outside the cryptocurrency market.

[I3arni]

Nobody can stop price falling down, the time will show us what does that project can without btc.

Big guys - fat wales can do it. But for now thay making money in other way ^^

[zzortyx]

Nobody can stop price falling down, the time will show us what does that project can without btc.

Big guys - fat wales can do it. But for now thay making money in other way ^^

It's not the first time I've heard of big guys manipulating price and this is associated with the fall and rise in prices. But I think that pricing is influenced by much more different factors.

[bitinka]

Nobody can stop price falling down, the time will show us what does that project can without btc.

Many projects go their own way without being tied to Bitcoin and feel great. Of course, for this a special monetary policy must be supported.

[defyance]

Cryptocurrency is less responsive to news including forecasts of experts. The cryptocurrency market largely depends on the overall global economy and of course the human factor.

Yes, a lot of factors influence cryptocurrency. From Twitter feeds and fake news, to the fall of oil or gold. Of course, once the market will have more precise regulation, as well as institutional support.

I hope that if there is regulation of cryptocurrencies, it will be reasonable. The crypto community is divided into 2 camps, some do not want regulation in any form, others agree to some regulation.

Exactly. Most likely, the regulation of the cryptocurrency market will be only for the good. I am ready to even pay taxes on my income. Maybe that's why institutional investors are still outside the cryptocurrency market.

I am afraid that if the crypto currency is put in a rigid framework, then most people from the crypto community will not be able to earn in this area. Well, of course you have to pay taxes, because you have income. although sometimes the losses far exceed the income.

[serantepe]

Nobody can stop price falling down, the time will show us what does that project can without btc.

Many projects go their own way without being tied to Bitcoin and feel great. Of course, for this a special monetary policy must be supported.

Cloud mining is more popular now as in 2016 year, but still it's riskly...

[defyance]

Nobody can stop price falling down, the time will show us what does that project can without btc.

Many projects go their own way without being tied to Bitcoin and feel great. Of course, for this a special monetary policy must be supported.

Cloud mining is more popular now as in 2016 year, but still it's riskly...

What's not risky now? to invest in unclear projects? which could collapse in a few months. Cloud mining is not ideal of course, but there are fewer risks than in other areas of cryptocurrency.

[ECOS_CloudMining]

Which mining rig you need in 2019?
⠀
The choice will depend on the following questions.
⠀
✅1# is it profitable to buy?
Calculate costs. Even the ASIC is rather cheap, analyze its level of energy consumption and efficiency.
⠀
✅2#can you save your money?
If you want to understand how crypto mining works, you can buy used equipment or rent a new model in a cloud mining service, like ECOS.
⠀
✅️3# was it made by a famous company?
Choose ASIC by reliable company. It could be one of mining giants, like Bitmain and GMO.