EMCD

EMCD is a cryptocurrency ecosystem founded in 2017 by Michael Jerlis, headquartered in Hong Kong. The name EMCD is a brand identifier rather than an acronym; the company does not publicly expand the abbreviation. EMCD started as a Bitcoin mining pool and has grown into a multi-product platform serving 400,000+ users across 120+ countries. Its products include a top-10 global mining pool, the Coinhold savings account, a multi-currency wallet, and a P2P exchange. In 2025 it received the "Best Mining Pool 2025" award from Cryptonomist.

The EMCD mining pool supports 12 cryptocurrencies, including BTC, LTC, BCH, DOGE, ETC, DASH, and KAS, with merged mining available. You point your ASIC hardware at EMCD's stratum servers, and rewards are calculated using different models depending on the coin: FPPS for BTC and BCH (stable, fixed per-share payments including fee income), PPS+ for LTC and DASH (constant share rewards with variable fee income), and PPLNS for DOGE, KAS, and ETC (fluctuating rewards based on a window of recent activity). Daily payouts are processed around 16:00–17:00 GMT+3. The minimum payout for Bitcoin is 0.001 BTC. Pool fees range from 1.5% to 4% depending on the coin and conditions.

EMCD was founded by Michael Jerlis, who serves as the company's CEO. He launched the first EMCD mining pool in February 2018 after building earlier crypto infrastructure since 2017. Jerlis has been the public face of the company throughout its development from a single mining pool into a multi-product platform. He is quoted extensively in the company's nine-year retrospective published in March 2026.

EMCD has been operating continuously since 2017 nearly a decade without a publicly documented major security incident or loss of user funds. It rates 4.9 on Trustpilot. The platform uses distributed storage and custodian services for asset security and supports two-factor authentication (2FA) for account protection. Coinhold uses a conservative asset management strategy, explicitly avoiding high-risk DeFi and unverified venues. The primary risk for US users is regulatory: since May 1, 2025, most EMCD services are restricted for US-based users due to legal requirements only the mining pool and a limited iOS Lite app remain accessible from the US.

Coinhold is EMCD's savings product you deposit supported cryptocurrencies and earn a yield of up to 14% APR. The yield is generated from EMCD's mining pool fee income, not from DeFi or external venues. There are no fees for transfers between your EMCD wallet and Coinhold. As of 2025, Coinhold users have collectively earned over $6 million. The conservative management approach means yield rates are more predictable than DeFi alternatives, though they may be lower than higher-risk products. This content is for informational purposes only and does not constitute financial or investment advice.

Partially. Since May 1, 2025, EMCD restricted most services for US users due to regulatory requirements. The mining pool remains accessible to US-based miners, along with a limited EMCD Lite iOS app. Coinhold, the full wallet, and P2P exchange are currently not available in the US. Users with existing EMCD apps installed before May 2025 on the latest version can continue using them, with withdrawals only to external wallets.

EMCD's P2P exchange allows users to exchange cryptocurrency for fiat currency directly with other users without a centralized intermediary like a bank or traditional exchange. It currently supports 90 fiat-crypto trading pairs. Users set their own terms and choose from multiple payment methods. This is separate from the mining pool and operates as a standalone module within the EMCD ecosystem. Swaps between your EMCD wallet and Coinhold carry no platform fee, making the ecosystem more cost-efficient for users who combine multiple EMCD products.