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Exchange Review

ECOS


Exchange Fees

BTC Withdrawal Fee Taker Fee Maker Fee

Deposit Methods

Yes Wire Transfer No Credit Card


Cryptocurrency mining has become popular, and one method is cloud mining. ECOS Mining is a platform that has gained attention. In this review, we will assess the legitimacy, profitability, and functionality of ECOS Mining.

ECOS has offered cloud mining services for four years. Located in Hrazdan, Armenia's Free Economic Zone, they are exempt from customs duties, taxes on profits, and any other form of taxation. This allows for highly efficient and profitable operations.

In 2018, ECOS formed a strategic agreement with Hrazdan Thermal Power Plant. This agreement provides them with capacity of 200 MW of electricity. As a result, more people can benefit from ECOS's services without the need to invest in special equipment.

If you want a cloud mining platform that doesn't require special equipment and offers high financial return and investment safety, check out ECOS.

When considering cloud mining, it is crucial to carefully assess the platforms you choose to work with due to a lack of trustworthiness among many. ECOS, however, stands out as it not only owns its own mining farm but also boasts reputable partners. Additionally, ECOS has a substantial client base of over 450k registered users worldwide.

Ilya Goldberg, Founder & CEO at ECOS, commented on the matter. He stated that they use green energy for their ASICs, amounting up to 40% of all sustainable energy produced in Armenia,. They have plans to go for 100% green energy and have established contracts with hydroelectric power stations. Goldberg mentioned that their ASICs are considered among the greenest in the world.

Cloud mining has become popular recently. It allows users to rent cloud computing power for mining crypto without the need for hardware or software installation. ECOS offers remote Bitcoin mining for a fee, making it accessible to a wider range of people regardless of location, as long as they have internet access.

To start cloud mining, users need to buy a cloud mining contract. This is an agreement to rent mining power. The more expensive the contract, the more power they can get. The website has a calculator to make it simple to create cloud mining contracts. Moreover, ECOS has created a wide range of ready-made contracts, so the users can easily find one, which will suit their specific needs and preferences. The main benefit of bitcoin cloud mining is that there is no need to buy equipment. When users buy a contract, they rent ECOS's mining equipment for daily BTC mining.

The homepage of their website features a profitability calculator that estimates the potential number of mined BTC and the profitability of the investment due to the contract type.The calculator takes into account several key indicators: the contract duration, the forecasted BTC price, the investment sum, the mining difficulty.

However, it's important to remember that this revenue is based on projected BTC prices and may be affected by price fluctuations. This applies to all miners, whether they use rented hash power or have their own setup.

ECOS charges a service fee, as stated on their website. The fee is for electricity and maintenance provided by ECOS. The service charge is based on 1 TH/s per day and is deducted from BTC earnings. ECOS accepts all kinds of payments (bank cards or transfer, different cryptocurrencies) for the services and products.

When it comes to Bitcoin mining, ASIC is the most efficient and effective way to do it. But it also comes with its own set of challenges — including noise, need for cooling equipment and monstrous power bills. 

That's where ECOS comes in and takes care of everything for its clients! ECOS has its own Data Center in the city of Hrazdan, Armenia, where all ASICs are located. 

The benefits a client gets mining Bitcoin at ECOS Data Center: set-up and installation of the ASIC, connection to reputable mining pools, 24/7 maintenance and security by professional engineers, almost 100% up-time electricity, advanced cooling systems in place, intelligence systems controlling BTC mining process for high efficiency. 

And the best part? ECOS makes sure that everyone receive their Bitcoin payouts daily, directly to their ECOS wallet. With ECOS, it's possible to mine Bitcoins without any hassle. Choose an ASIC equipment today and let ECOS take care of the rest!

You can earn a 10% commission from the first purchase and a 5% commission from all subsequent purchases of revenue from cloud mining contracts by inviting new users to join the ECOS system. When new users register using your referral link, they will receive a free trial contract for 1 month.

There are around 6cryptocurrencies available. In general, you can find and trade both major and minor cryptos within this range.

ECOS will soon launch a new product – Easy EARN. You will be able to start earning up to 14% APR with Easy EARN. This is an unprecedented APR for passive income. Opening an Easy EARN account is promised to be quick and easy, with just one click. You can easily withdraw your crypto at any time.

Withdrawing money from ECOS Mining is a simple and secure process. Follow these five steps: 

  1.  Go to the "Wallets and Withdrawal" tab in your ECOS account.
  2.  Enter your wallet address for the funds to be sent.
  3.  Specify the amount of money you want to withdraw.
  4.  Choose the processing speed for your transaction, considering bitcoin network fees.
  5.  Click the "Withdraw" button and after our dedicated manager check and confirm your request you're done! It's quick, easy, and thanks to 2FA procedure, completely safe with ECOS Mining.

Something you might find helpful if you're not proficient in English is that the platform and all its content is also offered in 7 other languages than English, which are German, French,Italian, Spanish, Portuguese, Turkey and Russian.. 

Many crypto traders believe that desktops provide optimal conditions for trading and investments. This is because desktops have larger screens, allowing investors to view more crucial information simultaneously, which influences their trading decisions. Additionally, displaying trading charts is easier on desktops. However, not all crypto investors need desktops. Some choose their mobile phones. The App provides you access to the entire ECOS ecosystem directly from your phone! It's a user-friendly and secure place to manage all your investment products. ECOS App provides 24/7 online support and access to all ECOS products: wallet, cloud mining, mining farm and indexes. 

Signing up for ECOS is a simple process. Start by registering and verifying your email and phone number. This ensures that you have full access to your account. Once verified, you can choose a contract that suits your risk profile, bitcoin price, duration, and required power. Use the platform's calculator function to determine expected returns on investment.

To purchase a contract, make payment through one of five available methods: bank cards, invoice, cryptocurrency: BTC, ETH, USDT, USDC, BNB, XRP, ADA, DOGE and TRX.Keep track of your contract's progress on the dashboard. Here, you can view current balance settings, daily bitcoin mining results, two-week profit statistics, and identify which contract has brought you the highest income.

To withdraw funds, go to "Settings" and then the "Wallets & withdrawal of funds" section. Enter your bitcoin wallet address, select the amount to withdraw, and specify the transaction speed to determine the network commission charge.

FAQs

What is ECOS cloud mining?

ECOS is a cloud mining service. It lets users mine cryptocurrencies without special equipment. It provides an easy way to start mining. Users don't have to worry about hardware and its maintenance.

Can I try cloud mining for free?

Yes! Especially to introduce our users to cloud mining there is an opportunity for new customers to activate a demo contract.

Is ECOS cloud mining safe and legit?

ECOS was found in 2017 and has gained a positive reputation. The company is open about its operations and allows users to track their mining activity and earnings in real-time. ECOS prioritises the security of users' funds and data by implementing advanced security measures. Additionally, they provide 24/7 customer support to assist users with any concerns or problems they may have.

What cryptocurrencies can you mine with ECOS?

Only one cryptocurrency can be mined with ECOS platform.

How do I withdraw my earnings from ECOS cloud mining?

To withdraw your earnings from ECOS, you must have a verified account and at least 0.0012 BTC. First, log in to your account and go to the Withdrawal section. From there, choose the mined BTC you want to withdraw, provide your wallet address, and confirm the transaction.

How profitable is ECOS cloud mining?

The profitability of ECOS cloud mining depends on multiple factors. These factors include the cost of electricity, the price of the cryptocurrency, and the difficulty of mining. ECOS provides a profitability calculator for users to estimate their potential earnings. By entering the contract duration, BTC forecasted price, investment sum, users can get an idea of how much they could potentially earn. It's also important to remember that the final earnings are still subject to market condition and mining difficulty.