EMCD is a multi-coin cryptocurrency mining pool and digital asset management platform. Operating since 2017, the pool accounts for over 2% of the global Bitcoin network hashrate and has mined more than 30,000 BTC across its operational history.
Team and background
The company was founded in 2017 by Michael Jerlis, who serves as Chief Executive Officer. Jerlis previously worked as an IT support specialist before establishing EMCD as an industrial-scale mining pool in Europe. Executive leadership also includes Chief Operating Officer Elena Tonoyan, a compliance specialist affiliated with the International Compliance Association.
Mining operations and supported coins
EMCD supports 9 mineable cryptocurrencies, including Bitcoin, Litecoin, Dogecoin, Bitcoin Cash, Ethereum Classic, Kaspa, Dash, and Zcash. Hardware miners connect to low-latency Stratum servers using ASIC or GPU equipment. EMCD distributes rewards through multiple payout schemes: FPPS, PPS+, and PPLNS. For Litecoin miners, merged mining with Dogecoin is supported, allowing payouts for both assets without splitting hashrate or consuming extra electricity. Beyond the core pool, EMCD provides custom Antminer firmware developed alongside Vnish to optimize ASIC power consumption, along with a dedicated monitoring dashboard for fleet management.
Fees and payout terms
Mining pool base fees range between 1.5% and 4% depending on the mined asset. Altcoin mining fees start at 1.5%, while the standard fee for Bitcoin mining is 4%. High-hashrate operators qualify for VIP tier discounts with reduced fee schedules, direct support, and lower minimum payout thresholds. Beyond mining, EMCD runs secondary financial products, including an integrated custodial wallet, a savings account called Coinhold, and a fee-free peer-to-peer cryptocurrency exchange.
Availability and operational risks
EMCD operates across more than 120 countries, enforcing account verification and AML/CTF compliance standards for user balances and withdrawals. As with all mining operations, earnings remain subject to network difficulty changes, halving events, and rising power costs. Holding mined assets inside the integrated Coinhold savings account or wallet introduces centralized custodial risk, meaning payouts held on the platform depend on the company's internal solvency rather than self-custodial onchain settlement.