ECOS
- Company typePrivate
- Founded2017
- HeadquartersHrazdan, Armenia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
ECOS firmographics
Firmographics- Name
- ECOS
- Legal name
- ECOS-M
- Website
- https://ecos.am
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
ECOS industry classification
Industry- Product category
- Cryptocurrency Mining Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Mining Hosting, Colocation & Managed Facilities (FSADAOAE)
- akta.pro secondary industries
- Cloud Mining & Hashrate Marketplace Services (FSADAOAC), Mining Software, Firmware & Monitoring Platforms (FSADAOAF), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG)
Keywords
Where ECOS is headquartered
LocationHeadquarters
- HQ city
- Hrazdan
- HQ country
- Armenia
- HQ region
- Asia
Offices2 records
Markets served
ECOS business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Cloud Mining Contracts: Users purchase cloud mining contracts starting from $99, gaining access to mining hashrate without owning hardware. Contracts range from 1 to 60 months with varying hashrate levels. Revenue from contract sales and service fees deducted daily from mined BTC.
- ASIC Hardware Sales: Sale of Bitmain ASIC miners (Antminer S21 series) hosted at ECOS data center. Full ownership rights with warranty included. Prices from $1,299 to $4,650 per unit depending on model.
- ASIC Rental: Temporary use of mining capacity without hardware purchase. Rental periods of 12, 18, or 24 months with prices from $1,604 to $5,021. Additional hosting fees cover electricity and maintenance.
- Marketplace Transaction Fees: Secondary market for ASIC miners and hashrate contracts. ECOS facilitates peer-to-peer transactions between buyers and sellers, earning fees on completed trades. 390+ ASICs and 541+ hashrate contracts listed.
- Hosting Services: ASIC hosting at ECOS data center with 60 MW power capacity (expandable to 200 MW). Services include electricity, 24/7 maintenance, security, and monitoring.
- Enterprise Solutions: VIP enterprise services for corporations, funds, and HNWIs with minimum $500,000 investment. Includes segregated custody, personal managers, custom reporting, and white label solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Cloud Mining - Entry Level |
| Subscription | Monthly | Cloud Mining - Standard |
| Subscription | Monthly | Cloud Mining - Professional |
| One time/ perpetual license | Pay-as-you-go | ASIC Purchase - Antminer S21 XP 270TH/s |
| One time/ perpetual license | Pay-as-you-go | ASIC Purchase - Antminer S21 Pro 245TH/s |
| Subscription | Monthly | ASIC Rental - S21 188TH/s (24 months) |
| Subscription | Monthly | ASIC Rental - S21 200TH/s (24 months) |
| Transaction based/ take rate | Pay-as-you-go | Marketplace ASICs |
| Transaction based/ take rate | Pay-as-you-go | Hashrate Marketplace Contracts |
| Subscription | Multi-year contract | Enterprise Solutions |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
ECOS product offering
Product offeringCore offering
ECOS operates a vertically integrated Bitcoin mining ecosystem that lets users mine BTC without owning hardware via cloud mining contracts, purchase or rent hosted Bitmain ASIC miners, trade hosted ASICs and hashrate on peer-to-peer marketplaces, join an in-house FPPS mining pool, and access enterprise-grade mining infrastructure. All operations are anchored by the company's own 60 MW data center in Armenia, with supporting wallet, educational resources, and trading marketplace functionality offered through web and mobile channels.
Product overview
ECOS is a vertically integrated Bitcoin mining ecosystem offering five core products: Cloud Mining (remote contract-based mining from $99), ASIC Purchase (buy hosted Bitmain miners from $1,299), ASIC Rental (rent miners for 12-24 months from $2,290), ASICs Marketplace (peer-to-peer secondary market for hosted miners), and ECOS Pool (mining pool with 99-103% FPPS). The platform also includes Hashrate Marketplace for mining contracts, ASIC Hosting services (60 MW data center in Armenia), ECOS Wallet (200+ currency support), Enterprise Solutions ($500K+ minimum), Trial Mining (free 30-day S21 XP trial), Academy (educational content), Blog (crypto news), Learn (glossary), and Marketplace Offers (negotiation system). The ecosystem is built around the user's mining lifecycle from trial to full-scale enterprise operations, with all products managed through a unified mobile app.
Differentiator
Problem solved
Functional benefit
Products and services
- Cloud Mining Remote Bitcoin mining where users purchase cloud mining contracts starting from $99 to access mining hashrate without owning hardware. Mining rewards are credited daily to the user's ECOS wallet, with contract terms ranging from 1 to 60 months and service fees deducted from mined BTC.
- ASIC Purchase Sale of Bitmain Antminer S21 series ASIC miners hosted at the ECOS data center, starting from $1,299 per unit. Buyers receive full ownership rights with warranty included and can resell hosted units on the ECOS ASIC marketplace at any time.
- ASIC Rental Temporary use of Bitmain Antminer S21 ASIC miners without a purchase commitment, with rental periods of 12 to 24 months starting from $2,290 per unit. Hosting, electricity, and maintenance are included.
- ASICs Marketplace (Hosted ASIC Marketplace) Peer-to-peer marketplace for buying and selling working ASIC miners that are already hosted at the ECOS data center, with blockchain-verified device history, instant transfer, and access to 50,000+ active buyers. Listings include 390+ ASICs starting from $180.
- Hashrate Marketplace Peer-to-peer marketplace for buying and selling Bitcoin mining contracts (hashrate), enabling users to acquire mining power without owning physical hardware. 541+ active contracts are listed with prices from $50 and up to 90% discounts.
- ECOS Pool Bitcoin mining pool offering 99-103% Full Pay Per Share (FPPS) rates with a launch-era 0.25% fee, ML-optimized transaction selection that predicts optimal transactions 15-20 seconds before block discovery, supports Stratum V2 and AsicBoost, and integrates with ECOS Vault for compound BTC returns.
- ASIC Hosting Professional colocation hosting for third-party ASIC miners at ECOS's 60 MW data center in Hrazdan, Armenia, with power expandable to 200 MW, 100% uptime, 24/7 maintenance, advanced cooling, and 24/7 armed security. Electricity is sourced directly from the adjacent Hrazdan thermal power plant.
- ECOS Wallet Multi-currency digital cryptocurrency wallet supporting 200+ currencies for storage, exchange, portfolio indexing, and direct integration with ECOS mining farm, cloud mining, and marketplace products.
- Enterprise Solutions Institutional-grade mining infrastructure for funds, corporations, family offices, and high net worth individuals with minimum $500,000 investments. Includes segregated custody, personal account managers, custom reporting, ESG compliance, and white-label solutions; serves 47 institutional clients with $180M+ AUM and 500 MW of power under control.
Quantifiable outcome
- Up to 103% FPPS rates compared to industry standard 98-100%
- +4 more outcomes
Companies that use ECOS
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
ECOS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature4 records
ECOS partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Government of the Republic of ArmeniacoreStrategic partnership establishing the Free Economic Zone in Hrazdan, Armenia for blockchain and crypto projects. Government support provides regulatory advantages and preferential conditions.
- BitmaincoreOfficial equipment supplier partnership. Bitmain is the manufacturer of Antminer ASIC miners sold and hosted through ECOS platform. This partnership ensures access to most efficient mining equipment.
- CloverPoolcoreLeading multicurrency mining pool partnership providing reliable and transparent real-time mining data delivery to ECOS clients.
- BinancecorePartnership with cryptocurrency exchange Binance and Binance Pool for trading and mining pool services. ECOS accepts Binance as payment method and integrates with Binance Pool.
- KPMGminorProfessional services firm providing advisory and audit support for ECOS operations.
Scale indicators14 records
Recent moves12 records
Expansion highlights5 records
ECOS competitors and assessment
Company assessmentDirect peers
- Bitdeer Technologies Group: Bitdeer is a leading crypto mining platform offering cloud mining, mining pool, and ASIC hosting — directly comparable to ECOS across nearly every product surface including proprietary mining infrastructure and ML-optimized pool operations.
- NiceHash: Hashrate marketplace connecting miners and buyers of mining power; directly comparable to ECOS Hashrate Marketplace in providing secondary market liquidity for mining contracts.
- F2Pool: One of the largest Bitcoin mining pools globally, comparable to ECOS Pool in offering pooled mining with fee-based economics and miner rewards distribution.
- Core Scientific: Large-scale Bitcoin miner and hosting provider emerging from Chapter 11; directly comparable to ECOS Hosting in offering colocation and managed services for third-party ASIC miners.
- Genesis Mining: Pioneer in retail cloud mining offering hash rate contracts to global users; historically the most direct comparable to ECOS Cloud Mining and a benchmark for the category despite well-publicized financial difficulties.
Broad incumbents
- Marathon Digital Holdings: One of the largest publicly traded Bitcoin miners operating multi-hundred MW of capacity; competes with ECOS for institutional mining mandates and provides a benchmark for hosted mining scale and economics.
- Riot Platforms: Public large-scale Bitcoin miner with substantial hashrate capacity and infrastructure-focused strategy; competes with ECOS Hosting and Enterprise Solutions for institutional hosting and colocation mandates.
- Hut 8 Mining: Public Bitcoin miner with diversified infrastructure including hosting and managed services; comparable to ECOS Enterprise Solutions in targeting institutional clients with segregated infrastructure offerings.
- Bitfarms: Public Bitcoin miner with vertically integrated operations across multiple jurisdictions; comparable to ECOS in combining mining operations with hosting services for third-party ASICs.
Emerging players
- Canaan (Avalon): Public ASIC manufacturer (Avalon series) and mining operator; comparable to ECOS in selling mining hardware and operating its own mining capacity, with adjacent exposure to retail cloud mining.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks1 record
Key highlights7 records
Customer concentration
ECOS social profiles
Digital presenceECOS compliance and trust
Trust signalCompliance2 records
ECOS financial estimates
Financial estimateRevenue estimate
Valuation estimate
ECOS leadership team
Management profileNumber of profiles
Profiles1 record
ECOS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ECOS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ECOS
What does ECOS do?
ECOS operates a vertically integrated Bitcoin mining ecosystem that lets users mine BTC without owning hardware via cloud mining contracts, purchase or rent hosted Bitmain ASIC miners, trade hosted ASICs and hashrate on peer-to-peer marketplaces, join an in-house FPPS mining pool, and access enterprise-grade mining infrastructure. All operations are anchored by the company's own 60 MW data center in Armenia, with supporting wallet, educational resources, and trading marketplace functionality offered through web and mobile channels.
Is ECOS a public or private company?
ECOS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ECOS founded?
ECOS was founded in 2017. It employs 101 to 250 people.
Where is ECOS based?
ECOS is headquartered in Hrazdan, Armenia, in the Asia region.
How does ECOS make money?
Six revenue lines are on record. Cloud Mining Contracts are the primary driver. The others are ASIC Hardware Sales, ASIC Rental, marketplace Transaction Fees, hosting Services and enterprise Solutions.
Who are ECOS's main competitors?
Direct peers on record are Bitdeer Technologies Group, NiceHash, F2Pool, Core Scientific and Genesis Mining. Broad incumbents are Marathon Digital Holdings, Riot Platforms, Hut 8 Mining and Bitfarms. Canaan (Avalon) is listed as an emerging player.
Does ECOS have an API?
No public API is recorded for ECOS.
What industry is ECOS in?
ECOS's product category is Cryptocurrency Mining Services. Its primary akta.pro industry code is FSADAOAE, Mining Hosting, Colocation & Managed Facilities, with a secondary code of FSADAOAC, Cloud Mining & Hashrate Marketplace Services. Its NAICS code is 518210 and its SIC code is 6200.