EMCD CEO: Bitcoin Miners Can Become Profitable Again
Bitcoin mining has at all times been a margins enterprise, now extra so than ever. The distinction between revenue and loss can come all the way down to electrical energy costs, machine efficiency, pool charges, and even what number of shares get rejected earlier than they attain the community.
That strain turned extra severe after the 2024 Bitcoin halving. The block reward dropped, whereas mining problem in 2026 has stayed above 135T. For many miners, the electrical energy value alone to mine one Bitcoin has moved above $74,000.
That leaves much less room for waste, and a enterprise can rapidly grow to be unprofitable. This is the issue EMCD and Vnish are trying to address.
The new partnership brings collectively EMCD’s mining pool infrastructure with Vnish’s firmware know-how, which holds a 26.4% international market share.
The objective is to assist miners discover the place they’re shedding cash and enhance profitability with out merely shopping for extra machines.
At Consensus 2026 in Miami, EMCD founder and CEO Michael Jerlis described a market the place miners want extra sensible help from infrastructure suppliers.
“Before, swimming pools and machine producers have been simply service suppliers,” Jerlis mentioned. “Now, it appears like they turned extra companions with the miners.”
Where Bitcoin Miners Are Losing Money
The losses usually begin on the machine stage.
Factory firmware often applies the identical voltage settings throughout ASIC chips. The downside is that chips don’t carry out equally. Stronger chips could also be held again, whereas weaker chips can overheat. According to the partnership supplies, this may depart as much as 25% of potential {hardware} efficiency unused.
Then come pool-related prices. A pool price distinction between 1.5% and 4% could seem small, however over a 12 months, that hole can eat right into a significant share of a miner’s gross output.
Rejected shares create one other quiet drain. When the latency to pool servers is high, miners nonetheless spend electrical energy on calculations that don’t get accepted.
EMCD and Vnish estimate that this may probably scale back month-to-month earnings by one other 2% to five%.
Jerlis summed up the strain clearly.
“All miners have the identical troubles,” he mentioned, pointing to working prices, electrical energy costs, software program suppliers, and tools sellers.
How the Partnership Helps
The EMCD–Vnish service focuses on sensible fixes reasonably than broad guarantees. It contains hashboard diagnostics, tuning, network-loss discount, mining optimization steps, and audits from EMCD and Vnish specialists.
In easy phrases, the service appears at the place a miner’s setup is leaking efficiency, then offers them clear steps to enhance it.
Firmware is a serious a part of that. Vnish can assist tune ASICs extra exactly, enhance {hardware} efficiency, and scale back wasted energy. For miners working near breakeven, even small positive factors can matter.
“Custom firmware helps to chop energy consumption,” Jerlis mentioned.
The pool aspect issues too. Jerlis mentioned EMCD is engaged on methods to enhance how miners connect with pool servers, together with higher routing and instruments to cut back rejected shares.
That issues as a result of mining rewards rely upon accepted work. Electricity spent on rejected work is solely misplaced cash.
Jerlis mentioned the partnership is designed to enhance miner profitability from a number of angles directly.
“Together we are going to lower our charges and provides miners extra profitability,” he mentioned.
A More Hands-On Mining Model
After the halving, miners are underneath strain to function with extra self-discipline. Cheaper energy nonetheless issues, however it’s now not sufficient by itself. Machine tuning, firmware, pool reliability, latency, and help all have an effect on the ultimate outcome.
Jerlis mentioned EMCD was constructed round this want for direct miner help. When the corporate began, many miners struggled to achieve pool operators when one thing went fallacious.
EMCD’s early benefit was 24-hour help. The Vnish partnership extends that very same method into optimization.
“We want to assist them to accumulate extra Bitcoins, to tune their machines, to spend much less cash,” Jerlis mentioned.
That is the core story. The EMCD–Vnish partnership is about serving to miners survive a market the place small inefficiencies now have a a lot larger value.
The submit EMCD CEO: Bitcoin Miners Can Become Profitable Again appeared first on BeInCrypto.