ECOS Mining Channel

2021-06-01 13:40:25 Great time for investment, guys Open / Comment

2021-06-01 12:03:23 Guys,

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2021-06-01 11:33:55 According to the analytical service Glassnode, during the market decline and the current "flat" short-term investors have sold a significant amount of bitcoins, while miners and long-term investors continue to accumulate assets in their wallets. Open / Comment

2021-05-31 17:26:00 Guys,

We are happy to announce the winner of the YouTube comments giveaway! Watch the video to find your name!

If you are one of the Winners, please contact ECOS community manager Anna on Telegram at @anna_ecos or via email [email protected] to claim your prize.



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2021-05-31 15:17:53 Based on the results of the last recalculation of BTC mining difficulty it has decreased to 21.05 T. The BTC.com service predicts a drop in the indicator by almost 16% more - to 17.72 T.

Compared to the record level reached on May 13, mining difficulty has decreased by 16%.

Some miners have begun migrating from northern Chinese provinces to hydropower-rich Sichuan. “Power plants in Sichuan have begun to restrict supplies to energy-intensive industries, including mining, due to the late rainy season this year, ”said Wolfi Zhao from The Block. Open / Comment

2021-05-31 14:18:31 Sheetz, a major Mid-Atlantic restaurant and convenience chain, today announced it will be enabling digital currency payments, to provide customers with the ability to pay for items inside the store or fill up their cars, trucks, and RVs at the pump using digital currencies like bitcoin, ether, litecoin, dogecoin, and more.

"Above all else, our mission at Sheetz is to continue providing our customers with the ultimate one-stop-shop where they can refuel their car and refresh their body. As a result, we are constantly innovating and exploring new offerings to truly give our customers what they want, when they want it, 24/7/365 — that includes accepting many forms of payment. We're very excited to be working with Flexa to roll out support for cryptocurrencies and other types of digital assets at our stores," said Linda Smith, Payments Manager for Sheetz.

Sheetz will begin accepting digital currencies at select Sheetz Cafe Stores later this summer. Open / Comment

2021-05-31 13:08:06 Katie Wood named the reasons why central banks will buy bitcoin

Cathy Wood, Founder of Global Asset Management Company ARK Invest, Names Reasons for Central Banks to Start Acquiring Bitcoin and Other Crypto Assets
ARK Invest manages $ 60 billion in assets and is the seventh largest issuer of ETFs with a turnover of $ 5.6 trillion.

In her opinion, it is deflation, not inflation, that will hit global markets as consumer demand shifts from goods to services.
“We believe that the likelihood of deflation is much higher. Most will now think this is crazy, given the rise in commodity prices. Here's what happened: many spent their money on the only thing they could - on goods (both durable and short-term). After vaccination, people will move from buying goods to purchasing services and many companies will have surplus in warehouses.” Open / Comment

2021-05-31 12:03:16 Micro futures for bitcoin are gaining popularity among the participants of the Chicago Mercantile Exchange (CME). The indicators of open interest and the number of traders interested in relatively new instruments are growing. Open / Comment

2021-05-29 21:10:09 Guys,

Find out in this news digest:

What does Binance CEO Changpeng Zhao say to the Chinese authorities?
How did the COVID-19 impact the crypto market?
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