Ever heard the chorus of naysayers chanting that Bitcoin’s bound for zero? For the past two years, they’ve been strumming that tune. But, as we wrapped up the last year, a glimmer of bullish sentiment started to seep in. And now, with the halving just a month away, the air is electric with anticipation.
Michael Jerlis, CEO and founder of EMCD Mining Pool, has long been a believer in the potential of Bitcoin. Once featured on Investing.com’s list of entrepreneurs under 35, Michael now offers valuable insights into the future of Bitcoin and the broader crypto landscape.
Bitcoin Halving Buzz & the Secrets to Fat Stacks
Founded in 2018, EMCD Mining Pool was born from Michael’s own journey in mining Bitcoin. Starting from the ground up, he learned the ins and outs of the industry and wanted to share the opportunity with others. Today, EMCD serves over 200,000 users, driven by Michael’s vision of a cryptocurrency ecosystem that’s accessible and rewarding for all.
“I’ve witnessed firsthand the impact of Bitcoin halvings on mining operations and the broader crypto ecosystem. They serve as reminders of Bitcoin’s inherent deflationary nature, driving both scarcity and demand. Our commitment at EMCD is not just to participate in mining. We want to be part of the crew that’s contributing to a new financial system built on trust and empowerment.”
EMCD Mining Pool operates with a high hashrate, showcasing its strength in the cryptocurrency mining sector with over 15 Exahashes per second. With a modest fee of just 1.5%, EMCD ensures that users can maximize their earnings. Payouts are conveniently processed daily, with a minimum threshold of 0.0001 BTC, making it accessible for miners of all levels.
EMCD gives you options beyond just Bitcoin for mining, including Bitcoin Cash, Dash, Litecoin, Dogecoin, Ethereum Classic, and Kaspa. But let’s be real, we’re all about Bitcoin here. You can choose how you want to earn with different reward structures like FPPS, PPLNS, and PPS+.
However, Michael acknowledges that despite the diverse options, Bitcoin mining still garners the most interest. “Bitcoin’s the OG, you know? It’s where the action’s at,” he says. And Michael is right since Bitcoin is yet the biggest player in the game. “Don’t sleep on our Coinhold savings account. It’s our way of making sure you’re earning even when you’re not actively mining”, he adds.
Coinhold provides a platform where you can put your crypto to work, earning up to 14% APY. It’s a crypto savings account customized to meet the needs of all of those who trust cryptocurrency way more than they trust banks.
BTC Halving Aftermath
With April’s “halving” on the horizon, Bitcoin miners are gearing up – transitioning to better equipment, cutting costs, and even considering mergers. Why? Because when mining rewards get cut in half, you gotta be smart to stay in the game while still making sure that every Bitcoin counts.
“We’re in it for the long haul. That’s why we have teamed up with some great fold, found a way to streamline operations, and updated our gear. Our goal is to keep miners around and make sure that they’re rocking it despite the challenges.”
Historically, Bitcoin halvings have been followed by periods of super-high volatility, with prices going up and down as the market adjusts to the reduced supply of new coins. Yet, not everything is black and white, and the post-halving period often brings (back) attention to some cryptos or alts, as investors seek opportunities other than Bitcoin.
“Before and after a Bitcoin halving, it’s like riding a rollercoaster: prices soar, they dip, and everyone’s eyes turn to altcoins for a thrill. But hey, that’s the beauty of it – the wild ride of crypto never disappoints”, Michael wraps up with a laugh.
Conclusion
The blockchain world owes much to its evolution to visionaries like Michael Jerlis. Through the years, people like him have anchored the community and kept spirits high and enthusiasm alive. We can only thank Michael for making this ecosystem of products and solutions that make crypto profitable and enjoyable for us all.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
