Our Blog



Japan recognizing bitcoin as a legal payment method

Bitcoin is already legal in the vast majority of countries around the world. However, only a few governments have recognized the legal status of bitcoin in a particular regulatory manner. Worldwide society demands the balance between privacy of Bitcoin and regulations to prevent financing of illegal operations and terrorism in particular.

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Blockchain and IoT integration

China Unicom and China’s Ministry of Industry and Information Technology and a group of companies which includes giants like Alibaba Group, ZTE are going to consolidate an effort in order to create a blockchain framework for the internet of things (IoT).

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Bitcoin mining profitability in 2017

Despite of future profitability of Bitcoin mining cannot be reliably predicted, we will try to evaluate couple of scenarios for 2017. Let’s try to evaluate the profit of Bitcoin mining using the average power cost per 1kWh in some locations and the 12.5 BTC block reward for US-based, China-based and EcoCoins miners.

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"Cinema" contest is over!

Dear investors! Our video contest is over. Thanks to everybody for participation. We'll pick the winners and post the results in the nearest time.

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Green power for Bitcoin mining: investment vs home system

As we can see on Reddit, Bitcointalk and other resources, EcoCoins people are not alone with idea to power Bitcoin miners with renewable energy. There are many enthusiasts around the world, who were trying to set PVs up and successfully plugged it to home’s electricity circuit to save some money. Usually, up to 1,5 kW system is available to install at home. Additionally, up to 800W wind turbine may be used. Total system cost is about 3000 USD to have installed and will take about 4 years to break even. It is much effective way to invest your funds in EcoCoins project. Try with JuniorPlus investment plan and send us your ideas while green power works for you.

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Reducing minimum deposit limits on JuniorPlus and Common plan

When we planned our investment plans we tried to make them most affordable for everyone regardless their savings. We are glad that our forecasts are getting justified and Bitcoin shows constant grow. However thanks to this growth our program’s minimum deposit limit has grown also.

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Green power in Bitcoin mining costs structure

Solar power industry growth is so rapidly, that some countries such as Chile, began to distribute solar power for free. It is good news for Bitcoin miners, who are interested in any potential possibility to reduce the costs of Bitcoin mining using renewable energy sources. Andreas Antonopoulos, author of "Mastering Bitcoin", has published the part of his report at Bitcoins event in Silicon Valley (Plug and Play Tech Center, September, 13). He said that even if people will use solar power for Bitcoin mining, it did not significantly reduce the cost of mining.

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Bitcoin network delays problem

We’d like to pay our customers’ attention that during the last week there are delays in transactions processing by Blockchain (Bitcoin) Network. This is not related to our platform operating and all transactions which receive appropriate confirmations count will be credited to user’s Balance immediately.

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“Cinema” contest: the first results.

On february 18 we announced the start of the “Cinema” contest. Today, after 11 days, we decided to publish our first participants videos! We are glad to hear our investor’s reviews and would like to remind you that every participant whose video complies to contest’s rules will get a 0.01 Bitcoin bonus!

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EcoCoins Credit Program announcement

We are glad to inform all our investors about a new unique business-opportunity. The offer is available starting from today on EcoCoins platform! Now you can loan funds to make your deposit! Our first principle is personal approach to every client. That’s why the final credit amount depends on amount of funds deposited. In general, the credit is granted for 5-day period. The interest rate is 0.5% per day.

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Technical maintenance works announcement

EcoCoins team would like to inform you that in the nearest 24 hours technical maintenance is planned on our web platform. During the maintenance period some features of our web-site may not be available for our Investors.

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German and Chinese languages support

We are really pleased to introduce the next two localization: German and Chinese. We have taken such decision because of the high investment activity of people from these countries. The limitations of the Central Bank of China on the import of gold could potentially lead to increased demand for it, the provisions on the export of this metal keeps investors and traders of gold in the monetization of foreign reserve currencies...

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Photovoltaics: Innovative approaches

As you know, two scientists at the University of Delaware have just created a new device that can convert 42.8% of the light striking it into electricity. It is the last officially registered record. The next steps are to utilize non-visible spectrum. A Spanish team of researchers has designed a new solar material which can theoretically harness 63% of the sun's rays.

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Upcoming events and conferences

We kindly suggest you to visit four most interesting events devoted to renewable energy trends and solar power technologies: World Renewable Energy Congress 2017, Renewable Energy Forum, Power & Electricity World Africa 2017, SNEC 11th International Photovoltaic Power Generation Conference

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The Junior plan is replaced by JuniorPlus!

From today it will replace the Junior. The JuniorPlus has much more attractive conditions as compared to the previous one. One more good news it’s not obligatory any more: the latest experience made us sure that 99% of our investors are skilled enough to start with more difficult plans.

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PerfectMoney and AdvCash are available for making deposit

EcoCoins team is driven by strong intention to establish long-term business partnership with its investors. That’s why the main corporate rule is "Cooperation with investors should bring maximum profit for both parties, it must be convenient and pay respect to national peculiarities"

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Technical maintenance works announcement

EcoCoins team would like to inform you that in the nearest 24 hours technical maintenance is planned on our web platform. During the maintenance period some features of our web-site may not be available for our Investors.

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Altcoin, trading and old equipment utilization

To date, there are two ways to get the crypto-currency, for example, Bitcoin: buy it on the stock exchange or mine it by yourself. Because of high complexity of the block signing procedure and huge performance of the modern ASIC-devices, It is almost impossible to mine Bitcoin on home PC anymore. It was real to mine Bitcoin at home about 4 years ago, but not now. We are talking about theoretical possibility to mine Bitcoin in terms of CPU performance, not even about cost of the power consumption of this activity.

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How do we manage the withdrawal requests of our investors

Ecocoin offers investors one of two ways to withdraw earned funds: normal withdrawal and the withdrawal with high priority. Normal withdrawal is within 3 working days. We need this time to be effective in term of financial operations. If the client wants to quickly get earned bitcoin to his/her address and want to withdraw funds with highest priority, we treat it with respect and strictly carry out this order, but with a higher commission.

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Lunar New Year Gift: the Junior Plan is not obligatory!

As far as we know, on January 27th Lunar New Year is celebrated. It will be the year of Red Rooster. According to the tradition it brings material well-being and prosperity. In many countries there is a tradition to present money in a red cover. We decided that following this great tradition will be a sign of respect for our partners and investors from the East.

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Multilanguage Support for our Program

We are really pleased to introduce the next one initiative of our program. Today We became multilingual. We have taken such decision because of the high attention of people from all over the world to the results of our activities.

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2016: Good Start for Ecocoins People

No doubt that Bitcoin is one of the unique fintech phenomena appeared during the last 20 years. Since the moment the first serial ASIC Bitcoin mining devices appeared, our team continued to pay attention at crypto technologies. From one point of view, creation of industrial hardware and software platforms is our occupation, from the other one - software developers do rarely mistake when it comes to trends and perspectives. So we started to search of our niche in the Blockchain technologies.

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New Year's Gift from Ecocoins Team

Today we're glad to introduce you a new program that answers all your purposes. We have succeeded in making it quick, comfortable and secure, and our upgraded plans open new investment opportunities for you. We wish you a happy New Year and new investment incomes!

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Floating Solar Power Plants

Solar power plants deployed on the water surface are installed and successfully used in India, Korea, Australia and the United States. In addition to clean energy from solar panels on the water has another one advantage. Shaded water, it reduces evaporation, helping to save water in arid areas. Why do we talk about the idea of PVs deployed on the surface of the water?

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How to Determine a Suitable Place for Solar Plant Deployment

Solar (Photo-voltaic or PV) panels are known and available for many years. They have been improved as a result of the development of aero-space technology. The use of this technology in the Earth's environment is subject to certain restrictions. Since the intensity of solar radiation is a phenomenon associated with environment, air transparency and time of day, to ensure continuous power supply, the power generation with PV panels are generally combined either with the process of accumulation.

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The Last 5 Years' Trends in Solar Energy Production

The cost to install solar has dropped by more than 57% over the last 5 years, leading the industry to expand into new markets and install thousands of systems worldwide. CAGR for last 6 years is about 57% (since 2010); Photo-voltaic (PV) market annual growth is about 45%; Nearly 32 GW of total solar capacity is now installed just in USA. It is enough to supply 6.2 million homes.

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ASIC Miners: AntMiner S5 or AntMiner S9?

Despite the fact that every 8-9 months the ASIC-devices manufacturers announce the next generation of SHA-256 devices with higher performance chips on the board, we need to take the power consumption into consideration. Exploring the most balanced model in terms of power consumption per THash we choose between two models: S5 and S9

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Global Blockchain Trends: Financial Markets Reorganization

Despite of rising costs of Bitcoin mining along with stable crypto-block signing reward decreasing, the both global credit card providers, Visa and MasterCard, are actively working on the crypto-currency implementation. After VISA's B2B Blockchain payment system launch, MasterCard Labs has announced new Blockchain-based APIs for smart contracts and payment settlement. It is not the first attempt to solve the financial world issues with Blockchain-based technologies.

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The Peltier Element Utilization for Bitcoin Mining

Peltier element (thermal-electric elements) usage for smart electricity consumption and balancing. The main law of the global electrical circuit says, that power of generation should be equal the power of consumption. Global electrical circuits powered by traditional energy sources pollute the environment and have high costs, but at the same time provide constant and reliable voltage and amperage of electrical stream.

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Energy-Harvesting Approach to Bitcoin Mining Farm Organization

The idea of fully autonomous Bitcoin mining eco-farm is similar to self-powering computer system that is operating by harvesting energy from the environment. While wind turbines, solar panels and thermal-electric elements are capabile to power Bitcoin miners, harvested energy sources are weak and lead to an "intermittent execution" with periodic power failures and unstable behavior.

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Wind Energy: Weak Perspectives for Bitcoin Mining

Wind energy is an another one rapidly developing direction of the green energy. The wind turbines can work as a part of the overall energy supply network as well as standalone Wind plant in climate with wind speeds above 4.5 m/s. The main advantage of wind turbine compared to solar panel is a higher performance and lowest maintenance costs after the installation and energy production mode launch.

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Solar Energy: Bitcoin Mining Cost Optimization

Green power is not an innovative direction: about 800 000 individual solar systems are already installed on the roofs across the United States in 2015. Renewable energy generation approaches and is developing since 1960s. During the last 10 years the investments into green power are available not only for corporate gains, such as Apple, the Google, Apple and so on, but for the small and medium businesses and even private equity. Investments into solar energy are for everyone, and it makes sense to try it now.

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