In one of the largest ecosystems for miners EMCD summed up the results of the year. According to the company, in 2024, a total of 51 coins were mined, including Bitcoin and top altcoins, making this mining pool one of the largest in the world.
At the end of the year, we have over 300 active users from all over the world. For comparison, in 2023 this figure was 200 users.
In fact, over the last 12 months, we have gained 100 users, of which more than 25 are miners. I think these are great results for both us and our clients, said EMCD CEO Michael Gerlis.
In addition to the active growth of mining capabilities, the EMCD platform offers a number of other services, such as Coinhold savings wallets with one of the highest percentages in the industry, a P2P exchanger, as well as a multifunctional wallet that allows you to store, exchange, and withdraw funds that were received, including as rewards for mining cryptocurrency .
Key product performance results
Mining pool. In 2024 year hashrate The pool's bitcoin has grown from 12,5 EH/s to 19,8 EH/s, making EMCD one of the most efficient mining pools in the world. Today, the company has established itself among the top ten largest companies engaged in cryptocurrency mining. In addition, in the past year, EMCD entered into a number of strategic partnerships with organizations such as Kaspa, Tangem, Mining World and others.
Coinhold Cumulative Wallets. Over the past year, the number of active users has increased by 85%, and the number of deposits by 93%. Most often, users prefer to accumulate funds in BTC and USDT, the savings rate for them is one of the highest in the industry and is 14%. In addition, customers can withdraw their deposits at any convenient time. Accumulation wallets are available in mobile and desktop versions and support 6 top coins - stablecoins USDT, USDC, BTC, BCH, LTC and ETH.
P2P exchanger. Thanks to the P2P platform, users can exchange cryptocurrency for fiat money. Today, the exchanger supports more than 10 fiat currencies, including the Russian ruble, Ukrainian hryvnia, euro, US dollar, Armenian dram, Brazilian real, Turkish lira and others. According to the company, in 2024, the turnover of transactions on the P2P platform increased by more than 470%, and the number of transactions increased by 400%. At the same time, the number of active users increased by more than 345%.
In 2024, the EMCD P2P exchange team also added a number of top coins such as Toncoin (TON), Notcoin (NOT), Arbitum (ARB), Optimism (OP), BNB (BNB), Polygon (MATIC), Avalanche (AVAX), Fractal Bitcoin (FB), Bellscoin (BELLS), Luckycoin (LUCKY).
I believe that the outgoing year 2024 has become a time of active growth and scaling of the business for the company. We have managed to achieve incredible results and increase the demand for our products more than 3 times. Of course, this is the merit of our entire team, which today consists of 235 people from 27 countries of the world, - said Michael Gerlis.
In addition, the company's employees took an active part in industry events and actively shared their experience and expertise. EMCD sponsored several major conferences, such as Blockchain Life, BTC 2024, CryptoSummit and others.
According to management EMCD In 2025, the company will focus its efforts on expansion in Western markets, business expansion and launching new products.
