Also, we have to mention ECOS end-to-end service: The company takes full care and responsibility for the purchase of mining equipment from Bitmain, on behalf of our clients or simply helps to move from other data-centers to ECOS, the company’s employees test, install and maintain equipment 24/7 and you can watch and control your assets directly from the mobile app.
Yeah, reminds me of this:
The risk of NOT actually owning your mining hardware.Compas customers lost a ton of money when sanctions kicked in and the company forcefully liquidated their miners, what could go wrong in a country that has just been in a war with its neighbor?
Not sure why on their website, they've said it's "
free energy", but this is what I found from another article.
Not just free but:
ECOS data center receives an additional 60 MW of clean, affordable and stable electricity from high-voltage networks, which makes it possible to claim almost 100% up-time electricity.
This combined with the fact that Armenia imports all the gas and oil needed to run those, and I wonder why anyone should be surprised if in one or two months the cost of your colocation is double the income from mining.
When a company shows you this nice income model, somehow putting the price at 90 000 (but you can't set it lower than 43k, lol) , then some alarm bells should start bringing for anyone.