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A New Nation for Bitcoin Mining Formally Opens Its Doorways

by SB Crypto Guru News
August 10, 2022
in Crypto Updates
Reading Time: 2 mins read
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A brand new ECOS information middle with a capability of 60 MW has been launched in Armenia. Full state help for the Free Financial Zone offers distinctive advantages and reasonably priced 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.

Immediately, the corporate maintains greater than 250,000 customers that use cloudmining and internet hosting companies worldwide, and you’ll turn out to be part of the ECOS mining ecosystem! An end-to-end infrastructure was constructed on the territory of the info middle, together with a service middle, warehouses and common provides of spare components, armed guards and workers of servicemen situated on the territory 24/7.

ECOS information middle receives a further 60 MW of unpolluted, reasonably priced 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 increase to a further 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 to say ECOS end-to-end service: The corporate takes full care and accountability for the acquisition of mining tools from Bitmain, on behalf of our purchasers or just helps to maneuver from different data-centers to ECOS, the corporate’s workers take a look at, set up and keep tools 24/7 and you’ll watch and management your property 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 should not really easy? Let’s take a look at all the advantages right here.

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

Armenia patronizes the blockchain/mining sector and has allowed the creation of FEZ with distinctive circumstances corresponding to 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 as a result of lack of secure and reasonably priced electrical energy on this planet and the always altering authorized necessities, ECOS companies are extraordinarily related, the corporate stated.

Crypto winter is coming to an finish and now’s the very best time to begin mining. Traditionally, it’s most worthwhile to spend money on cryptocurrencies throughout such durations. If in case you have not but began incomes on bitcoin mining, then begin now with ECOS internet hosting!

 



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