Mining.ecos.am Review Is Ecos M Scam or Legit Cloud Mining

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Mining.ecos.am Review: Is Ecos M Scam or Legit Cloud Mining?

Ecos Review: Scam or legit? mining.ecos.am claims it has the best mining offer of 2020. How true is this? Is it Legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review Ecos, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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What Is Ecos

Ecos is one of the best options for Investors seeking to grow. It is a place for entrepreneurs, Business owners, experts, students, startups and the likes. This company ‘ECOS’ is registered in the Republic of Armenia, and offers a varying cloud mining packages with no services Free contract. The beauty of this platform is that it accepts Visa and Master Card as medium of payments.

How Does ECOS Work

Ecos Cloud Mining Platform is designed in such a way that there it has the following-

  • ECOS Community- The global expert community including students, aspiring IT-professionals, and top experts in blockchain and AI, who share ECOS vision. Exchange experience and insights with the best in the field at online and offline networking events.
  • ECOS Marketplaces- Where you discover marketplaces for innovative IT-solutions, submit yours or pick one brought to you and your business by the brightest minds out there. Find out how to invest in blockchain properly and make the most of your digital assets.

Friendly user interface

Short term Contracts

No customer review online.

Fairly New Platform

CONCLUSION

Mining.ecos.am Looks good. We are keeping our fingers crossed.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

ECOS Mining Review – Can you Trust Them?

ECOS Mining ( mining.ecos.am ) is a cloud mining solution which claims to be working with popular firms in and around the crypto sector. The details of the parent company of this platform is unknown and the general anonymity around this firm is mysterious to say the least. Mining contracts offered by this firm ranges from $30 all the way up to tens of thousands of dollars.

Crypto cloud mining is an exciting sector which constantly draws in a lot of newbies who are looking for easy ways to generate revenue. However, the landscape of the entire business is changing at an alarming phase and things are not as simple as they appear.

So, before impulsiveness and excitement cloud your judgement, go through our detailed review which covers all the aspects of this firm and it will help you make an informed decision.

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How does ECOS Mining Work?

In theory, the operational model of ECOS Mining is easy and simple to understand. The main intention of this firm is to provide a way for the retail investors to get started with mining without having to deal with any and all of the technicalities involved. They do so by raising money from the investors for buying the necessary equipment and charge maintenance fees on top of that.

During the specified period, the returns generated from the machinery will be sent to the investors. Crypto mining was a very profitable venture a few years ago, but don’t assume that you can make considerable passive income from it nowadays. Ever since the early 2020, the entire mining niche is different and due to the rising costs and cut throat competition, it is hard for the retail investors to even reach breakeven point on their initial capital.

So, be extremely careful if you are indulging with mining activities and have a proven plan or else a single mistake might put a big dent on your bank account. This platform makes bold claims about being a transparent organisation, but their narratives do not add up.

For starters, any data about the owners of this firm is kept hidden and the information about their employees are scarce as well. Crypto mining sector is filled with scams and it is very difficult to trust any entity which does not remain transparent. After all, it is your money and you should do your best to ensure the security of the funds in the first place.

Mining Contracts and Conditions

There are a wide array of mining contracts offered on their platform. The initial capital required to get started with them is as low as $30 and on the maximum side, you can buy contracts upto $7,000 plus. You just have to select the amount of Th/s you want, the maturity period and then if you like the pricing of the plan, you can buy it on the spot.

One of the main issues with their mining plans is that, given the current amount of difficulty and costs involved, most of their pocket friendly mining plans tend to carry negative returns. Moreover, they never mention the pool fees or the electricity costs. So, at the end of the day, the true expected returns are unknown and given the volatility of the cryptocurrency markets, it is not wise to get involved without knowing all of the metrics present.

There are discounts available on selected contracts, but given the risks involved, it might not be worth buying them. In short, do not let impulsive buying get the best out of you, instead make all the calculations beforehand and proceed with them only if you see positive returns.

Referral Program

One of the popular ways of monetizing the traffic is through affiliate program and this firm realises the importance of marketing pretty well. If you own a blog or have access to any kind of web traffic in the crypto sector, then you can use this firm to increase your income exponentially.

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However, do note that on an ethical level, you have to only promote offers you personally have benefitted from and if you engage with any kind of questionable practices, your account will be banned without any kind of notices. The commission rate is said to be around 10% of the cumulative sales driven by the promoters and from time to time, there might be other perks as well. Referral program by itself is not something which is evil, but if you abuse the program and use it to make money by misleading the clients, then it will be harmful.

Testimonials and Client Feedback

Testimonials are one of the most reliable ways of measuring the reputation of online products and services. Sadly, many times the creators of shady services create false narratives and fake comments using bogus user profiles. So, as a safe way to navigate around them, do not trust any positive comments which appear too good to be true and if it has a referral link attached to it.

Below are the comments made by users on Trustpilot forum, check them out and you will get a clear understanding of the business model of this platform.

BTC com has confirmed that they do not have any co-operation with ECOS and they have confirmed that ECOS doesn’t mine on their Pool as well.

ECOS should confirm on what pool they are mining.

Finally a service that is actually legit! I bought 1TH/s which runs for 3days now. Although it would have been profitable for me in a span of a year, high maintenance fees 0,13/day make it difficult to make a profit. However everything is transparent, legal and working and if you buy enough hash power it may even be profitable.

Domain Insights

Thanks to the courtesy of alexa.com and whois.com, we were able to get a pretty clear idea about the demographics of this website and they are as follows.

Registered on – 02/10/2020

Alexa Global Rank – 254,744

Rank in Bangladesh – 10,168

Target Audience – Bangladesh and Iran

ECOS Mining Review Conclusion

ECOS Mining is certainly not an easy to recommend mining solution. Though they have been around for a couple of years, their reputation is not at par with the other alternatives. Given the number of legit platforms available, we strongly recommend you to stay away from this firm or else you might end up burning a hole in your pocket.

Mining.ecos.am

About Mining.ecos.am

Mining.ecos.am is a cryptocurrency cloud mining (Bitcoin) platform that offers 1Th/s worth $59.00 for 360 days as minimal contract. Cloud Mining enable users to mine bitcoins or alternative cryptocurrencies without managing a hardware.

Rate Ecos.am Mining
User Ratings

Average Income/Year: 200%

Days Monitored: 245 days

Last Paid: 2 weeks ago ($2.35)

Our Total ROI: 2%

Mining Contracts: 1Th/s worth $59.00 for 360 days, 5Th/s worth $79.00 for 180 days, 10Th/s worth $213.00 for 365 days and 11Th/s worth $279.00 for 360 days

Payout Mode Affiliate Commission Support Email
manual 10% of the amount invested [email protected]
This is what it says on Mining.ecos.am website:

ECOS company was founded in 2020 in Armenia. The basis was the idea of creating a Free Economic Zone in Armenia for high-tech IT startups based on blockchain technology and AI (Artificial intelligence). In October 2020, an agreement on the establishment of a Free Economic Zone in Armenia was signed between ECOS and the Government of Armenia. In December 2020, the Free Economic Zone was launched in Armenia to develop the digital cluster, including support and development of mining infrastructure. The first resident of the Free Economic Zone ECOS ECOS-M has launched its own equity mining service ECOS Cloud Mining, which is located in the Free Economic Zone in Armenia.

There are hundreds of Cloud Mining sites available but not all of them are worth to invest. To get success of Cloud Mining, you need to check the Top Cloud Mining recommended by users.

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