A New Nation for Bitcoin Mining Formally Opens Its Doorways

A brand new ECOS knowledge heart with a capability of 60 MW has been launched in Armenia. Full state help for the Free Financial Zone gives distinctive advantages and inexpensive electrical energy for mining.

In 2018, the Armenian authorities entrusted ECOS to create and handle a Free Financial Zone to help the event of excessive applied sciences and the blockchain business within the nation.

At the moment, the corporate maintains greater than 250,000 customers that use cloudmining and internet hosting providers worldwide, and you may develop into part of the ECOS mining ecosystem! An end-to-end infrastructure was constructed on the territory of the information heart, together with a service heart, warehouses and common provides of spare elements, armed guards and employees of servicemen situated on the territory 24/7.

ECOS knowledge heart receives an extra 60 MW of fresh, inexpensive and secure electrical energy from high-voltage networks, which makes it attainable to say virtually 100% up-time electrical energy.

The brand new plot can accommodate greater than 20,000 mining units on an space of ​​2.2ha, with the potential to develop to an extra 200MW.

Furthermore, the optimum temperature of this area permits to remove issues with overheating with out further bills – the common annual temperature in Hrazdan is 4.8°C.

Additionally, we’ve got to say ECOS end-to-end service: The corporate takes full care and duty for the acquisition of mining tools from Bitmain, on behalf of our shoppers or just helps to maneuver from different data-centers to ECOS, the corporate’s workers take a look at, set up and preserve tools 24/7 and you may watch and management your belongings straight from the cell app.

This can be a actually good alternative to earn passive earnings with ECOS internet hosting and handle it with two clicks in your smartphone. Your earnings on mining will not be really easy? Let’s try all the advantages right here.

“We’ve got come a great distance from legalizing mining in Armenia to launching our personal power infrastructure that’s prepared for scaling. We need to provide our companions simplicity in all the pieces: from launching your mining enterprise on our data-center to every day monitoring of the consequence within the software with out leaving your house” — stated Ilya Goldberg, managing accomplice of ECOS. — “Our bundled product is made to serve each institutional and retail shoppers from any a part of the world.”

Armenia patronizes the blockchain/mining sector and has allowed the creation of FEZ with distinctive circumstances resembling 0% earnings tax and 0% VAT, 0% import and export duties, 0% property and actual property taxes for the following 25 years, which permits our companions to obtain most income on capital.

At current days because of the lack of secure and inexpensive electrical energy on the planet and the continuously altering authorized necessities, ECOS providers are extraordinarily related, the corporate stated.

Crypto winter is coming to an finish and now’s the very best time to start out mining. Traditionally, it’s most worthwhile to put money into cryptocurrencies throughout such intervals. When you have not but began incomes on bitcoin mining, then begin now with ECOS internet hosting!


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