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Home Crypto Updates

A New Country for Bitcoin Mining Officially Opens Its Doors

by admin
July 27, 2022
in Crypto Updates
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A brand new ECOS information middle with a capability of 60 MW has been launched in Armenia. Full state assist 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 assist the event of excessive applied sciences and the blockchain trade within the nation.

Right this 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 info middle, together with a service middle, warehouses and common provides of spare elements, armed guards and workers of servicemen situated on the territory 24/7.

ECOS information middle receives an extra 60 MW of fresh, inexpensive and steady electrical energy from high-voltage networks, which makes it potential to say nearly 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 an extra 200MW.

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

Additionally, we have now 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 shoppers or just helps to maneuver from different data-centers to ECOS, the corporate’s workers check, set up and preserve tools 24/7 and you may watch and management your belongings immediately from the cellular 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 usually are not really easy? Let’s try all the advantages right here.

“We now have come a great distance from legalizing mining in Armenia to launching our personal vitality infrastructure that’s prepared for scaling. We need to provide our companions simplicity in the whole lot: from launching your mining enterprise on our data-center to each day monitoring of the end result within the utility with out leaving your house” — mentioned Ilya Goldberg, managing companion 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 situations comparable 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 because of the lack of steady and inexpensive electrical energy on the earth and the consistently altering authorized necessities, ECOS providers are extraordinarily related, the corporate mentioned.

Crypto winter is coming to an finish and now could be one of the best time to begin mining. Traditionally, it’s most worthwhile to spend money on 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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