{"id":"michael-jerlis","title":"Michael Jerlis","content":"**Michael Jerlis** is a serial entrepreneur and public advocate for blockchain technology, best known as the founder and CEO of the global cryptocurrency company EMCD. \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]] Born on November 2, 1989, he has guided EMCD's evolution from a specialized cryptocurrency mining pool into a comprehensive digital finance ecosystem. \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]] \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]]\n\nReports on his education vary; he attended Bauman Moscow State Technical University from 2008 to 2013 and has also been reported as a graduate of the Faculty of Computational Mathematics and Cybernetics at Moscow State University. \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]] \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]] Before entering the cryptocurrency industry, Jerlis worked in the IT department of Alfa-Bank, operated a data center, and was involved in a car-sharing service. He began his involvement with cryptocurrency mining in 2017 and has operated in various global hubs, including Russia, Dubai, and Bali, before relocating to Miami, Florida. \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]] \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]] As the primary spokesperson for his company, Jerlis frequently provides commentary on [Bitcoin](https://iq.wiki/wiki/bitcoin) mining, market trends, and the [Bitcoin](https://iq.wiki/wiki/bitcoin) [Halving](https://iq.wiki/wiki/halving). \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]]\n\n## Career and Ventures\n\nJerlis founded EMCD in 2017, conceiving one of Europe's first [mining](https://iq.wiki/wiki/mining) pools at a time when, according to him, the idea was met with significant doubt. \\[\\[https://techround.co.uk/interviews/meet-michael-jerlis-founder-and-ceo-of-emcd-and-techround-blockchain32-judge/Interview with Michael Jerlis, Founder and CEO of EMCD]] The company's mining pool officially launched in 2018. \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]] \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]] By 2019, under his leadership, the platform had become the largest mining pool in Eastern Europe, growing its client base from 40,000 to over 50,000. \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]]\n\nIn 2020, Jerlis guided the company's [Bitcoin](https://iq.wiki/wiki/bitcoin) pool into the top 10 largest globally. That year, he secured an official brokerage partnership with [Binance](https://iq.wiki/wiki/binance) to launch Coin-margined futures trading and introduced an \"Accumulative account\" feature for users to earn a yield on their assets. \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]] \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]] The company's expansion continued in 2021 with the launch of a peer-to-peer trading platform, a mobile application, and dedicated services for institutional investors, growing the user base to 200,000. \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]] Also in 2021, the company was officially registered in Georgia as a \"Virtual Zone Person\" to leverage certain tax exemptions. \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]] \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]]\n\nUnder Jerlis's direction, EMCD continued to innovate, reporting a 262% increase in total hashrate in 2022 and launching a feature that allowed miners to receive payouts in cryptocurrencies different from those being mined. He also oversaw the creation of a B2B platform for trading hashrate via fixed-term contracts. \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]] \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]]\n\nA significant milestone in Jerlis's career came in 2023 with the rebranding of the entire platform to Cyberbank emcd. to position the company as a \"digital bank for miners.\" This shift reflected his broader vision of building an integrated infrastructure connecting crypto services with the real-world economy. [\\[1\\]](#cite-id-OlPIzXwn9z2d6OzJ) \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]] This period saw the launch of hardware products like the \"Smart Heat\" (or \"Heatbox\") for at-home mining and custom firmware for ASIC miners. The company's user base grew to over 250,000. \\[\\[https://app.coinpedia.org/michaeljerlis/EMCD Tech: A Comprehensive Overview]]\n\nJerlis expressed his guiding philosophy in an interview:\n\n> “EMCD is more than just a pool; it's an entire ecosystem that we are constantly developing. Our goal is to provide our clients with a full range of services for working with digital assets, from [mining](https://iq.wiki/wiki/mining) to financial instruments and innovative solutions like 'Smart Heat'.” \\[\\[https://awards.beincrypto.com/EMCD: The International Investment Company for [Cryptocurrency](https://iq.wiki/wiki/cryptocurrency) [Mining](https://iq.wiki/wiki/mining)]]\n\nBetween mid-2024 and mid-2025, the platform added approximately 200,000 new users, reaching over 400,000 globally. \\[\\[https://techround.co.uk/interviews/meet-michael-jerlis-founder-and-ceo-of-emcd-and-techround-blockchain32-judge/Interview with Michael Jerlis, Founder and CEO of EMCD]] As of mid-2025, the company's mining pool consistently ranked among the top ten for [Bitcoin](https://iq.wiki/wiki/bitcoin) and operated with a team of 320 employees across 27 countries. In a 2025 interview, Jerlis stated that he allocates over $1.5 million annually to the security of the company's infrastructure and announced plans for expansion into 40 new countries. \\[\\[https://techround.co.uk/interviews/meet-michael-jerlis-founder-and-ceo-of-emcd-and-techround-blockchain32-judge/Interview with Michael Jerlis, Founder and CEO of EMCD]]\n\n## Awards and Recognition\n\nJerlis and the company he founded have received multiple awards for their contributions to the cryptocurrency industry.\n\n#### Founder Awards\n\n* **Web3 Founder of the Year (2025)**, awarded at The BeInCrypto 100 Awards 2025 \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]]\n* **Best Crypto-Entrepreneur Under 35 (2021)**, awarded by investing.com \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]]\n\n#### Company and Product Awards\n\n* **Best Mining Pool 2025** (for EMCD), awarded by Cryptonomist \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]]\n* **Best Savings Wallet of 2024** (for Coinhold), awarded by crypto.news \\[\\[https://techround.co.uk/interviews/meet-michael-jerlis-founder-and-ceo-of-emcd-and-techround-blockchain32-judge/Interview with Michael Jerlis, Founder and CEO of EMCD]]\n* **Best Mining Service 2021** (for EMCD), awarded by [Blockchain Life](https://iq.wiki/wiki/blockchain-life) \\[\\[https://www.linkedin.com/in/jerlis/Michael Jerlis LinkedIn Profile Analysis]]","summary":"Michael Jerlis is the founder and CEO of EMCD, a global cryptocurrency company. 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