ECOS Mining Channel

2021-05-21 14:50:11 Guys,

We are happy to announce the winners of the YouTube Giveaway! Watch the video to find your name!

Each winner gets a BTC mining contract worth $50.

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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2021-05-21 12:02:42 Bitcoin bull market 'still halfway' after $30K BTC price crash destroys leverage

The classic end of a Bitcoin bull run, a "mania top," has not appeared yet, while fundamentals are unchanged in their outlook, says Willy Woo.

Bitcoin (BTC) is still "halfway" through its current bull market and this week's price dip turned out to be a "win" for hodlers, according to on-chain analyst Willy Woo.

"Are we in a bull market? Long range macro indicators like NVT ratio are very healthy, that remains unchanged," Woo wrote.

In fact, the dip may have been just what Bitcoin needed.

"Newish whales dumped out, retail bought a chunk of the dip, coins getting more distributed, I'll take that as a win," Woo added. Open / Comment

2021-05-20 18:25:54 Just had some fun

It's always good to have neighbours where you can recharge your battery.

I wish we could recharge the BTC rate as well!



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2021-05-20 15:07:12 Auction Day!

Best time to get contracts with discount

$550 contract – 3,2 th/s, 744 days, 0,05 service fee

$650 contract – 3,8 th/s, 775 days, 0,05 service fee

$810 contract – 4,7 th/s, 775 days, 0,05 service fee

CONDITIONS:
- Starting price: $50
- The min bid step: $30
- The max bid step: $500
- The bid is valid for 3 minutes until we say “Sold out”

Take your chance to start mining with most profitable conditions!!

Join us today at 10 am EST in the chat Open / Comment

2021-05-20 11:24:16 China bans financial, payment institutions from cryptocurrency business

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.

“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.

China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies. Open / Comment

2021-05-20 10:05:10 Guys, a reminder

Today is the last day to take part in ECOS YouTube Giveaway!

Win one of two Bitcoin mining contracts!

Find all the details under the video:





Find the results tomorrow! Open / Comment

2021-05-19 17:11:17 Can cryptocurrencies replace fiat money?

Even before the cryptocurrency boom in December 2017, some people expressed opinions that in the future, Bitcoin and other digital assets will become an alternative to traditional (fiat) money. Then only crypto enthusiasts believed in such an idea, but the current situation forces us to think more seriously about this issue.

In this article, we will find out if cryptocurrencies can completely replace national money. We will analyze the current market situation, determine the strengths and weaknesses of the two types of currencies, and, based on the information received, try to understand what awaits us in the future. Open / Comment