New country for Bitcoin mining

Written by Anna Komashko
Written by
Investing reporter
ECOS community manager...
2   min.
Actual news 
New country for Bitcoin mining

The newest ECOS data center with a capacity of 60 MW has started operation in Armenia. The free economic zone has full government support, which offers special benefits and low-cost mining power.

The creation and administration of a free economic zone to encourage the growth of the high-tech and blockchain sector in Armenia was commissioned by the Armenian government to ECOS in 2018.

You can join the ECOS mining ecosystem, which now has more than 250,000 clients using cloud mining and hosting services around the world. A complete infrastructure has been built on the site of the data center, consisting of a service center, warehouses and regular supplies of spare parts, armed guards and a round-the-clock duty of a brigade of military personnel.

High voltage networks supply 60 MW of reliable and clean power to the ECOS data center, allowing it to have almost 100% uptime.

The new site can support up to 200 MW of additional power and more than 20,000 mining devices in a 2.2 acre area.

In addition, the area’s ideal temperature of 4.8°C each year eliminates overheating issues at no extra cost.

The company takes full care and responsibility for purchasing mining equipment from Bitmain on behalf of our clients or simply assists with moving from other data centers to ECOS. In addition, company employees test, install and maintain equipment around the clock, and you can view and manage your assets directly from the mobile application.

With ECOS Hosting, you have a fantastic passive income potential that you can manage with just two clicks on your smartphone. Your mining profit is not that easy, is it? Here, let’s look at all the benefits of ECOS hosting.

“We have come a long way from legalizing mining in Armenia to launching our own energy infrastructure ready for scaling. We want to offer our partners simplicity in everything: from launching your mining business on our data center to daily monitoring of the result in the application from the comfort of your home,” said Ilya Goldberg, Managing Partner of ECOS. “Our end-to-end product is built to serve both institutional and retail clients from any part of the world.”

Armenia supports the blockchain/mining industry and has approved the creation of a free economic zone (FEZ) with special conditions such as zero percent income tax and zero VAT, zero import and export duties, and zero property and real estate taxes for the next 25 years. This allows our partners to get the highest possible return on investment.

The business said that ECOS services are very important now because there is a lack of reliable and affordable energy around the world, and because regulatory requirements are constantly changing.

The best time to start mining is right now as the crypto winter is coming to an end. In the past, this time was the most profitable for investing in cryptocurrencies. Start making money mining Bitcoin right now with ECOS Hosting!


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