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ECOS DeFi Reviews & Product Details

ECOS DeFi Overview

What is ECOS DeFi?

ECOS is a crypto investment platform. ECOS company was founded in 2017 in Armenia in the Free Economic Zone. Main products: ○ Cryptocurrency mining ○ Mining devices (ASICs) with hosting ○ Crypto wallet ○ Cryptocurrency exchange ○ Crypto portfolios ECOS is the first cloud mining provider that is operating with legal status. Company has more than 200 000 users from all over the world. Features: ○ The minimum price for a mining contract is $100 ○ Convenient calculator on the website for choosing a mining contract ○ Daily payments and detailed transaction history ○ Withdrawals from 0.001 BTC ○ ECOS is a full-fledged investment platform. It includes not only cloud mining but also wallet, exchange, investing portfolios, savings. ○ ECOS has a convenient mobile app. It is available in App Store and Google Play ○ Get a free mining contract for 1 month after registration

ECOS DeFi Details
Languages Supported
German, English, French, Italian, Portuguese, Russian, Spanish
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Product Description

ECOS is a major infrastructure project with its own data center in the Free Economic Zone (FEZ) in Armenia. The Armenian Government on October 19, 2018 established Free Economic Zone together with ECOS, which was appointed to be the operator of FEZ. The unique infrastructure of the Free Zone allows us to have 0 Profit TAX and 0 VAT which allows us to provide a super attractive prices for our customers! We successfully finished construction of the infrastructure of the mining center using the latest equipment and technologies. In February 2018 an agreement with one of the largest power plants in Armenia - Hrazdan Power Plant, was signed, for electricity supply with total capacity of 200 MW. Since April 2018 we have been developing an End to End solution for the management, monitoring and maintenance of the Mining infrastructure which allows us to run a big scale Mining operations very efficiently.


Seller Details
Seller
ECOS
Year Founded
2017
HQ Location
Ереван, AM
Twitter
@ecosmining
5,445 Twitter followers
LinkedIn® Page
www.linkedin.com
163 employees on LinkedIn®

AK
Overview Provided by:

Recent ECOS DeFi Reviews

Dave B.
DB
Dave B.Enterprise (> 1000 emp.)
0.0 out of 5
"Unable to complete withdrawal. Fees ate up almost profits."
It's a great site until you want to do a withdrawal. I have been using their website for over a year. It is a scam. I had purchased one of their ...
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Best Overall Cloud Mining Service out there!"
Reliable mining provider, of which there are very few now. Ecos provides very reliable and time-tested services for both cloud and traditional mini...
Mashell C.
MC
Mashell C.Small-Business (50 or fewer emp.)
5.0 out of 5
"ECOS has Quality Products"
Ecos has quality products which include cloud mining, investment portfolio, exchange and wallet. These products fit the industry very well and they...
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This seller hasn't added their security information yet. Let them know that you'd like them to add it.
3 people requested security information

ECOS DeFi Media

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23 ECOS DeFi Reviews

4.2 out of 5
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23 ECOS DeFi Reviews
4.2 out of 5
23 ECOS DeFi Reviews
4.2 out of 5
G2 reviews are authentic and verified.
Dave B.
DB
Sr. Programmer/Analyst
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ECOS DeFi?

It's a great site until you want to do a withdrawal. I have been using their website for over a year. It is a scam. I had purchased one of their ASIC with them hosting. Their fees ate almost all of the profits. When I went to finally do a withdraw, it would not go thru. Their support said they forward my issue to their financial department, and I have never heard back from them. I can provide more details if needed. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

High fees

Unable to complete withdrawals. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

None Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about ECOS DeFi?

Reliable mining provider, of which there are very few now. Ecos provides very reliable and time-tested services for both cloud and traditional mining.

Easy of use and good customer support. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

The Service Tax, Better Payout time, nothing more. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

That you can mine without having physical equipment in my home. Which is awesome! Review collected by and hosted on G2.com.

Liviu T.
LT
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ECOS DeFi?

The sales representative was very responsive. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

I want to share my personal experience and opinion after purchasing a cloud mining contract from Ecos.

I found the product to be disappointing for several reasons:

1. Fees: In my experience, the fees associated with the contract were not clearly disclosed. I had to click on a "?" symbol to see the fees, and I calculated that they amounted to approximately 72.6% per day of what I mined (0.05$ per 1TH/s per day, for a 84Th/s This means 4.2$/day fee from a 6.1$/day estimated revenue). I found this to be a significant portion of my earnings.

2. Mining Difficulty: I noticed that the increase in mining difficulty over time was not clearly explained. Based on historical data, mining difficulty tends to increase by about 2% each month, which can affect earnings.

3. Overall Earnings: Based on my calculations, I expect to receive less than $1000 from a $4200 contract at the end of a 30-month term. This is significantly less than what I initially anticipated. (assuming the BTC price will remain the same)

Please note that this review reflects my personal experience and opinion. I encourage others to do their own research and make informed decisions before purchasing a cloud mining contract. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

Cloud Mining Review collected by and hosted on G2.com.

Mateusz S. F.
MF
Official Partner
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about ECOS DeFi?

Having constant competitions on social media and Telegram where you can win measly contracts from which they collect 73% anyway. I don't know how this goes with other larger contracts, but they said that fee is only 5%, but apparently not with everyone. Big amount of good reviews are only because there was a competition where you could win 1TH/s contract (probably staged like most of their doings, since there wasn't live showing of draw) Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

The rules of the competitions are not always the same for everyone, as you can see a significant difference in the approach to people who buy big contracts and those who are free users. But no wonder it's a business, after all.

I doubt I would invest in this platform because they have terribly high fees:

Contract revenue +0.00002739 BTC

Contract service fee -0.00002035 BTC

So in truth, they are taking almost everything that should be yours. I'm leaving the maximum rating just to enter the competition. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

They give you the opportunity to get cryptocurrency for free as long as you participate in social media and follow Telegram.

They let you kill time with dorky quiz games and other pseudo-successful ways of promotion, giving you almost nothing and taking away almost everything in return :) Review collected by and hosted on G2.com.

Capt. Inderdeep D.
CD
Master Mariner
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ECOS DeFi?

It is a one-stop solution for both cloud mining and crypto investment. Reliable service provider in an era of scammers. Variety of contracts available for all budgets. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

The only crypto available for mining is Bitcoin. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

It provides a straight forward platform for investment or mining, depending on individual choice. No unnecessary frills or gimmicks. Review collected by and hosted on G2.com.

Abhishek T.
AT
Owner and Teacher at Win-Competition
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ECOS DeFi?

ECOS is unique and best because of:

Bitcoin mining contract at discount from market price, based on auction.

Bitcoin giveaway.

Engaging tasks. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

Yet to find.

Yet to find.

Yet to find.

Yet to find. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

Mining Bitcoin remotely.

Only investment is required and the rest ECOS would do. Review collected by and hosted on G2.com.

Jay G.
JG
Fire Investigator
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
What do you like best about ECOS DeFi?

It's very easy to get started! They handle all the details. No hassle and excellent communication. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

Absolutely nothing. Ask me again In a few years. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

Low cost crypto mining for people who lack the technical knowledge and/or hardware and time to mine. Review collected by and hosted on G2.com.

JZ
Snr System Administrator
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ECOS DeFi?

Great support and competitions to win free contracts. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

Would like to see more smaller value contracts so it's easier for people to get into mining without having to spend too much. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

Stable and reliable cloud mining to build up crypto. Review collected by and hosted on G2.com.

Jotham Y.
JY
Digital Artist
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ECOS DeFi?

ECOS DeFi is an amazing platform with reliable services and an efficient delivery of service. The company also has an easy to access customer service. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

I wish the portfolios on ECOS has an income estimate & smaller mining contracts as well. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

ECOS DeFi is solving the investment security problem & this is benefiting me by giving me a secured place to investment Review collected by and hosted on G2.com.

Kwanele M.
KM
Field Service Agent
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about ECOS DeFi?

Customer service is at their forefront they know how to speak to their customers engagement is good, I recommend Ecos to family and freinds. Review collected by and hosted on G2.com.

What do you dislike about ECOS DeFi?

Wish they had an office in South Africa to service their region and put a face to the Great service. Review collected by and hosted on G2.com.

What problems is ECOS DeFi solving and how is that benefiting you?

Assisting with the growth of my capital helps paying the bills. Review collected by and hosted on G2.com.