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ECOS

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ECOS is a company that operates a platform for investing in digital assets / cryptocurrencies and is the Free Economic Zone.[1] (FEZ) operator[2] in the city of Hrazdan, Armenia. The company was established in 2017[3]. The company's data center, which allows it to provide services for the cloud mining of cryptocurrencies, is located on the territory of the ECOS FEZ. ECOS has offices in Armenia (Yerevan, Hrazdan) and Russia (Moscow, Empire Business Complex[4]). The company also plans to open offices in the USA in 2022.

ECOS
Type of businessPrivate
Type of site
Marketplace
Founded2017
Country of originArmenia
Area servedWorldwide
Founder(s)Ilya Goldberg, Tashir Group
IndustryCryptocurrency
ServicesCryptocurrency Mining, Cryptocurrency Exchange, Cryptocurrency Wallet, Cryptocurrency Portfolios
Employees80
Websitehttps://ecos.am/
RegistrationOptional
Users200 000
Current statusOnline

History[edit]

ECOS company was founded in Armenia in 2017.

In February 2018, Ilya Goldberg and Tashir Group signed[5] a direct agreement on the data center's power supply with the Hrazdan HPP with a total capacity of up to 200 MW[6][7].

On August 30, 2018, the company, together with the Ministry of Economic Development of Armenia, established[8] the Free Economic Zone in the city of Hrazdan[9][10] and became the operator of the FEZ. Zarmine Zeytuntsyan was appointed the FEZ[11][12][13] General Director[14]. The goal of the Armenian government's participation in this project was to stimulate foreign direct investment and the country's investment attractiveness and create jobs and export-oriented IT products[15].

On October 18, the Ministry of Economic Development of Armenia and ECOS signed an agreement on organizational work in the created FEZ[16]. FEZ was one of the first examples of a government mining program[17]. On May 16, 2019, the founder of ECOS company Ilya Goldberg announced the opening of another office of the company in Yerevan[18].

In January 2020, ECOS entered into a partnership agreement with Rosenergoatom[19] on the placement of mining equipment on the territory of the Kalinin NPP[20] in Udomla[21].

In 2021, the company expanded the list of services and added a wallet, exchanger, and investment crypto portfolios to cloud mining[22]. The platform has also launched its own app, available on the App Store and Google Play.

Products[edit]

  • ECOS Cloud Mining is a service thanks to which customers can rent the power of the company's data center for mining bitcoins online[23].
  • ECOS Farm is a platform that allows one to buy own bitcoin mining devices (ASICs) and build own mining farm on the territory of ECOS data centers but also receive a comprehensive maintenance service.
  • ECOS Wallet is a cryptocurrency wallet that allows investors to buy, sell, exchange tokens, and store NFTs[24].
  • ECOS Exchange is a cryptocurrency exchanger where users can exchange over 200 cryptocurrencies.
  • ECOS Portfolio is an investment product with which users can purchase portfolios of cryptocurrencies collected by the company's analysts[25]

References[edit]

  1. "Особая экономическая зона", Википедия (in русский), 2021-11-22, retrieved 2021-12-09
  2. "Կառավարության որոշումներ - Հայաստանի Հանրապետության էլեկտրոնային կառավարում | e-gov". www.e-gov.am. Retrieved 2021-12-09.
  3. "Easiest Way to Earn Bitcoins Via Cloud Mining 1.7 Bitcoin (12K$) a Year - Gaming Forecast - Download free online game hacks". www.gamingforecast.com. Retrieved 2021-12-09.
  4. "Империя (небоскрёб)", Википедия (in русский), 2021-12-08, retrieved 2021-12-09
  5. "How To Select Profitable Cloud Mining And Avoid Scams? » CoinFunda". 2020-05-14. Retrieved 2021-12-09. Unknown parameter |url-status= ignored (help)
  6. Manager, P. R. (2021-01-28). "The Best Strategy to Mine Your Bitcoins in 2021". Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide. Retrieved 2021-12-09.
  7. Cryptunit.com. "Mining vs electricity costs". www.cryptunit.com. Retrieved 2021-12-09.
  8. "ՀԱՅԱՍՏԱՆԻ ՀԱՆՐԱՊԵՏՈՒԹՅԱՆ ԿԱՌԱՎԱՐՈՒԹՅՈՒՆ". www.arlis.am. Retrieved 2021-12-09. Unknown parameter |url-status= ignored (help)
  9. "Создание Свободной экономической зоны в Раздане одобрено Правительством Армении". Bit.news (in русский). 2018-08-31. Retrieved 2021-12-09.
  10. Армения, Sputnik (2018-09-20). "Новая свободная зона в Армении: майнить криптовалюты будут, отмывать — нет". Sputnik Армения (in русский). Retrieved 2021-12-09. Unknown parameter |url-status= ignored (help)
  11. "Կառավարության որոշումներ - Հայաստանի Հանրապետության էլեկտրոնային կառավարում | e-gov". www.e-gov.am. Retrieved 2021-12-09.
  12. "В Армении появится свободная экономическая зона с дата-центром для майнинга". ForkLog. 2018-08-30. Retrieved 2021-12-09.
  13. "ECOS подписал с правительством Армении договор об учреждении СЭЗ". КриптоВики (in русский). 2018-10-23. Retrieved 2021-12-09.
  14. "Правительство Армении подписало договор об учреждении Свободной экономической зоны". cryptorussia.ru (in русский). 2018-10-24. Retrieved 2021-12-09.
  15. "Some $50 million to be invested in Armenia's fourth free economic zone in Hrazdan". arka.am. Retrieved 2021-12-09.
  16. SEO_AUTHOR_MINISTRY_OF_ECONOMIC. "Тигран Хачатрян подписал соглашение с компанией ECOS относительно свободной экономической зоны в Раздане". mineconomy.am. Retrieved 2021-12-09.
  17. "Майнинг", Википедия (in русский), 2021-11-02, retrieved 2021-12-09
  18. "СЭЗ "ECOS" инвестирует в Армении более $1,6 млн. и ищет новую площадку в Ереване - ЭКСКЛЮЗИВ". newsarmenia.am. Retrieved 2021-12-09.
  19. "Rosenergoatom", Wikipedia, 2021-07-24, retrieved 2021-12-09
  20. "Kalinin Nuclear Power Plant", Wikipedia, 2021-07-14, retrieved 2021-12-09
  21. Baydakova, Anna (2020-01-08). "A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners". www.coindesk.com. Retrieved 2021-12-09.
  22. "No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking". Cointelegraph. Retrieved 2021-12-09.
  23. "How to start cryptocurrency mining in 2020 and avoid scam?". affiliatevalley. Retrieved 2021-12-09.
  24. Current, Crypto (2020-04-21). "Is there any solution to protect yourself from the COVID crisis?". Crypto Current. Retrieved 2021-12-09.
  25. "ECOS Cloud Mining - Good Way to Earn BTC Daily or Just a Hype?". BeInCrypto. 2021-04-27. Retrieved 2021-12-09.

External links:[edit]


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