EMCD – A New Commission Plan for Users Affected by the Chinese Crypto Ban and Data Center Close to China
EMCD, one of the world’s leading crypto mining pools, has announced that they will be lowering commission fees by 30% following the recent crackdown against crypto activities in China. The lower fees will remain the same for the entire duration of time that miners use the pool. Interested users can take advantage of the offer by entering the FREECRYPTO promo code once signing up.
China declaring that all crypto operations are illegal within its borders and for its citizens has upended the industry. This is particularly noticeable in the crypto mining sector where over 75% of the world’s crypto mining was taking place. Some of the largest mining pools such as Spark-Pool and BeePool are being forced to reckon with a new reality, and this has left their clients in the lurch. The needs of these miners need to be met by reliable providers who will be capable of offering users long-term, advantageous solutions.
EMCD is a pool that has made a name for itself based on the quality of the service it provides. The slashing of commission rates is further evidence of how EMCD strives to offer users a top-of-the-line experience. With the new 30% fee reduction which is applicable for the entire period of time that miners use the pool, they will be able to mine at just a 1.05% commission rate.
While the majority of EMCD’s userbase hails from Eastern Europe and CIS countries, the platform does not limit its services to these regions and has of late been significantly expanding its clientele. EMCD’s users are provided with 24/7 support in English and other widely-spoken languages, a flowing and easy-to-use interface that is appreciated by both experienced hands and beginners and a bundle of special client services like Invest, FARM, etc.
Currently, EMCD users can mine seven of the biggest cryptocurrencies by market cap including LTC, DOGE, BTC and ETH. All supported assets are available for mining without a minimum entry threshold, which makes it possible for anyone to mine them regardless of the hardware and power they have at their disposal. In terms of specific mining equipment, EMCD currently supports the sha256, Scrypt, Athash and X11 mining algorithms.
In addition to the dramatic lowering of commission fees, EMCD has announced another development that may be just as vital for potential users. Recently EMCD opened another data center near Lake Baikal in Russia. The new location is ideal for housing a mining project, given its access to cheap electricity and the infrastructure in place. The new data center’s proximity to China also facilitates quick communication from there with the EMCD servers. EMCD provides clients with help when transferring equipment and also offers daily equipment maintenance.
When reached for comment, Mikhael Jerlis, CEO and Founder of EMCD, stressed how the company was ready to welcome those that had been displaced by the unfortunate new restrictions:
“We believe that blockchain, and, particularly, cryptocurrencies both unveil the future of a global economy, and the regulatory hurdle shouldn’t be a barrier in a decentralized world. We warmly welcome miners from all around the globe to join EMCD pools, providing them with the best possible conditions with no hassle.”
EMCD will be offering a lifetime 30% commission rate reduction. The offer is available until October 31, so those interested are encouraged to check out the project and sign up before the deadline.
EMCD is a crypto mining ecosystem offering a wide range of services from mining pools and software engineering to the deployment of mining equipment and turn-key maintenance. The company operates its own mining infrastructure with full-scale mining equipment maintenance services. Additionally, EMCD offers smooth and transparent investing plans with an average repayment period of 6 months. Apart from this, EMCD offers Coinhold – an investment tool designed to increase investor capital. Currently, Coinhold has a 4.2% APY.