ECOS Mining Channel

2021-04-30 14:20:26 Stricter supervision of Bitcoin mining in China due to carbon concerns

China’s Government is reportedly concerned about the energy consumption of Bitcoin mining.

Beijing sent an “emergency notice” to conduct checks on data centers involved in Bitcoin and other cryptocurrency mining operations on April 27, which was reportedly met with some panic in China.

China’s 14th “five year plan” outlines a set of targets which include an 18% reduction target for “CO2 intensity” and 13.5% reduction target for “energy intensity” from 2021 to 2025.

Such mining hubs as Xinjiang and Sichuan are most likely to be targeted in the future.

Data from the Cambridge Bitcoin Energy Consumption Index or CBECI, estimates Xinjiang accounted for 35% of China’s Bitcoin hashing power in April, and accounted for roughly 23% of the world’s hash rate. Open / Comment

2021-04-30 13:12:30 Congratulations to the winner of the Guessing game - Andrey Fedyanin!!

His guess was $60000 2 weeks ago and it turned out to be the closest to the current rate of $54458!

The BTC rate on Blockchain.com at 6 am EST (1 pm Moscow time) on April 30 is $54458

Please contact @anna_ecos to claim your prize!

Guys, don't miss our next game - coming soon!

Subscribe to ECOS YouTube Channel and check the tasks under each video! Open / Comment

2021-04-30 11:39:43 Guys,

watch in this news digest:

What's going on with Bitcoin hash rate?
What's PayPal CEO Dan Schulman opinion on the BTC market?

And don't forget to take part in the YouTube Giveaway and win free BTC mining contracts!!!



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2021-04-29 15:34:42 Auction Day! Make bids and get a Bitcoin mining contract with your price!

The auction lots are 3 mining contracts:

$578 Mining contract – 3,33 th/s, 806 days, 0,05 service fee

$877 Mining contract – 5,05 th/s, 806 days, 0,05 service fee

$1150 Mining contract –6,6 th/s, 806 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”

Join us at 5 pm Moscow time (10 am EST) in the chat Open / Comment