A new country for Bitcoin mining officially opens its doors
A new ECOS data center with a capacity of 60 MW has been launched in Armenia. Full government support for the free economic zone provides unique benefits and affordable electricity for mining.
In 2018, the Armenian government entrusted ECOS with creating and managing a free economic zone to support the development of high technology and the blockchain industry in the country.
Today, the company has more than 250,000 users using cloud mining and hosting services worldwide, and you can become part of the ECOS mining ecosystem! An end-to-end infrastructure was built on the territory of the data center, including a service center, warehouse and regular supplies of spare parts, armed guards and a staff of officials located on the territory 24/7.
The ECOS data center receives an additional 60 MW of clean, affordable and stable electricity from the high voltage grid, making it possible to claim almost 100% uptime power.
The new site can accommodate more than 20,000 mining units on an area of 2.2 ha, with the potential to expand to a further 200 MW.
Moreover, the optimal temperature in this region allows to eliminate problems of overheating without additional expenses – the average annual temperature in Hrazdan is 4.8 °C.
We must also mention ECOS’ end-to-end service: the company takes full care and responsibility for the purchase of mining equipment from Bitmain, on behalf of our customers or simply helps to move from other data centers to ECOS, the company’s employees test, install and maintains equipment 24/7, and you can view and control your resources directly from the mobile app.
This is a really good opportunity to earn passive income with ECOS hosting and manage it with two clicks on your smartphone. Your mining earnings are not so easy? Let’s check out all the benefits of ECOS hosting here.
“We have come a long way from legalizing mining in Armenia to launching our own energy infrastructure that is ready for scaling. We want to offer our partners simplicity in everything: from launching your mining business in our data center to daily monitoring of the result in the application without leaving your home” – said Ilya Goldberg, managing partner of ECOS. — “Our package product is designed to serve both institutional and private customers from all parts of the world.”
Armenia protects the blockchain/mining sector and has allowed the creation of FEZ with unique conditions such as 0% income tax and 0% VAT, 0% import and export taxes, 0% property and real estate tax for the next 25 years, which allows our partners to get maximum income on capital.
Currently, due to the lack of stable and affordable electricity in the world and the constantly changing legal requirements, ECOS services are extremely relevant, the company said.
Crypto winter is coming to an end and now is the best time to start mining. Historically, it is most profitable to invest in cryptocurrency during such periods. If you have not yet started earning from bitcoin mining, then start now with ECOS hosting!
