As it says in their website, Eobot is the easiest, cheapest, and best way to get or mine Bitcoin, Litecoin, BlackCoin, Namecoin, Dogecoin, Dash, Reddcoin, BitShares, CureCoin, StorjcoinX, Monero, Counterparty, Stellar, Bytecoin, Peercoin, NXT, and MaidSafeCoin through cloud mining. Coin News had the chance to get some info tidbits from the Eobot team itself.
Coin News: What is Eobot? How long did it take you to launch your business?
Eobot Team: It took us a few days to launch the initial business. We started with an easy to use software download that gave miners real-time results and profitability statistics. It was so easy, a grandma could use it. There have been many challenges, but the two biggest are always hackers and regulation.
Bitcoin is the most beautiful computer science invention we have seen. The more you learn about it and monetary policy in general, the more amazing it becomes.
CNA: Can you share some definite advantages of Eobot?
ET: We are the only service to provide a real-time public audit of all hot and cold wallets. We also have the easiest to use system, from initial onboarding to more complex tasks.
In the short-term, we hope to improve our mobile apps. In the longer term, we try to provide the features that customers want. We are agile and quick to move, so as the rapid Bitcoin economy shifts, we hope to be there as a major player.
CNA: What have been the greatest accomplishments or the best times you have had while operating Eobot since its inception?
ET: The best times are seeing the number of new people we have brought into the Bitcoin ecosystem. About 50% of our users had never heard of Bitcoin before coming to our site, and we are happy to educate them and start them on their mining career as they move on to becoming individual miners that use other pools. We think our most revolutionary feature is our merged reverse mining system. This allows you to combine SHA-256 and Scrypt ASICs that you personally own, along with Cloud Mining, all to mine one single coin that could be a separate algorithm completely.
CNA: How do you think Bitcoin will affect the Asian market in particular?
ET: We think that Bitcoin will have a profound affect not only in Asian markets, but the world in general.
CNA: What do you think is preventing it from going mainstream?
ET: Bitcoin has already gone mainstream. It’s accepted by major electronic retailers and is in the news daily. It will just take time to continue grow organically. It may never overtake fiat currencies entirely, but it provides a good secondary option.
CNA: Do you think a superior altcoin will supersede Bitcoin in the near future?
ET: People have good reasons to support altcoins. Looking at the current block-size debate, it’s clear that altcoins can more easily adapt and move with changing environments. With that said, we have faith in people, who will make the necessary changes when needed. Bitcoin is the first mover, and our guess to remain the most popular coin in the near and distant future.
CNA: What are your opinions on cryptocurrency regulation?
ET: We support regulation and protecting consumers where appropriate. We’ll leave it up to the lawmakers to determine the best way to handle this.
CNA: Do you have a Bitcoin price prediction?
ET: Eobot does not predict future prices or provide guidance. However, off the record our our personal opinion, is that a 10X increase is not out of the picture in the next year or two. That would put it around a $40 billion market cap, roughly equivalent to Uber, and around $2500 per BTC.
CNA: Final thoughts?
ET: I think it will just take time to get bitcoin. If you are not comfortable with the idea or don’t see the need for Bitcoin, then I think you can take your time and wait and see how it plays out.
Good luck, and happy mining!
CNA: Thanks, Eobot team!