In the world of cryptocurrency, few things are as crucial—and mysterious—as Bitcoin mining. Picture it as digging for digital gold: powerful computers racing to solve complex mathematical problems. When a problem is solved, a new block is added to the blockchain, and the miner is rewarded with newly minted bitcoins. This process not only creates new bitcoins but also secures the network itself. Without miners, the decentralized dream of Bitcoin would collapse.
But Bitcoin mining isn’t easy. It demands specialized hardware, uses enormous amounts of electricity, and turns into a high-stakes competition among miners. So, how does one find a way into this complex and costly world? Enter Max Matrenitski, founder of Everminer.io, a company that’s disrupting the industry by offering lifetime prepaid mining power with zero operational costs. I sat down with Max to find out more about his journey, his vision, and how Everminer is changing the game.
“Can you first of all introduce yourself?”
Max smiles when I ask him this—perhaps because his story doesn’t follow a typical path. “I’m Max Matrenitski,” he begins. “Born in the Soviet Union, close to Alaska but on the other side of the border. I’ve been coding since I was 11, and my passion for entrepreneurship kicked in at age 12.” That spark of innovation clearly never left him.
Max excelled in math and programming Olympiads as a young student, went on to become valedictorian, and later earned a degree in computer science. He followed that up with postgraduate studies in Strategic Management, through a prestigious and highly competitive presidential program grant. “Eventually, I moved to Berlin,” he continues, “and that’s when I founded Cyberian Mine GmbH, bridging Siberia’s rich hydro-energy resources with Germany’s business environment. It allowed me to create a sustainable, scalable Bitcoin mining operation.”
“You are the founder of Everminer.io, can you explain what your company does?”
For Max, Everminer is the culmination of everything he’s learned from Cyberian Mine and the challenges of Bitcoin mining. “Everminer.io is the evolution of my journey,” he explains. “Traditionally, Bitcoin miners face significant operational costs—energy bills, hosting fees, maintenance, equipment upgrades, you name it. This high barrier to entry makes it difficult for most people to profit from mining.”
Everminer flips the model on its head. “We offer a groundbreaking product: prepaid mining power for life, with no recurring operational costs. Our unit, called an Everhash, represents 1 Terahash of mining power. Once you buy it, you get lifetime access to passive Bitcoin income without worrying about future expenses.”
This idea—simple yet revolutionary—makes Bitcoin mining accessible to everyone, not just those with deep pockets and technical know-how.
“Can you explain what Bitcoin is for those who don’t understand it?”
Max leans forward, eager to share what has clearly become a lifelong passion. “Bitcoin is a decentralized digital currency. There’s no need for a central authority like a bank or government to oversee it. It was created to allow people to exchange value directly, without intermediaries.”
The beauty of Bitcoin lies in its scarcity, he says. “Only 21 million bitcoins will ever exist, making it a deflationary asset. It’s the most secure and widely adopted cryptocurrency in the world, and it’s grown to become a store of value—a hedge against inflation.”
“You are also the CEO of Cyberian Mine, which first brought Bitcoin mining to European consumers in 2018. Can you explain your journey into the Bitcoin world?”
Max’s introduction to Bitcoin is surprisingly down-to-earth. “It was 2014,” he recalls, “and I was running an IT consulting company. One of my clients had been hit by ransomware, and they needed to pay 1 Bitcoin to unlock their data. So, I had to figure out what Bitcoin was, buy it, and pay the hackers.” He laughs, “That’s how I first came across Bitcoin.”
But the deeper he went, the more fascinated he became. “I quickly saw the potential of decentralized currencies and the power behind Bitcoin’s blockchain technology,” Max says. “At the time, Siberia had abundant hydro-energy and perfect conditions for mining, so when I moved to Germany, I thought, why not combine Siberia’s energy with Europe’s appetite for Bitcoin? That’s how Cyberian Mine was born.”
“There are finance experts out there that believe Bitcoin is the future currency. Would you agree with that?”
Max thinks for a moment before answering. “I believe Bitcoin has the potential to play a significant role in the financial system of the future, but maybe not as a day-to-day currency for small transactions. Its true value is as a store of value, like digital gold. Because Bitcoin is decentralized and scarce, it can protect wealth from inflation and currency devaluation, especially in unstable economies. In that sense, I do think Bitcoin could become the global reserve currency of the future.”
“There are lots of Bitcoin mining companies out there, so what is special about your company?”
For Max, it comes down to sustainability, accessibility, and innovation. “At Cyberian Mine, we tap into Siberia’s abundant hydro-energy, so our mining operations have a minimal environmental impact compared to those using fossil fuels. You can think of it as AWS for miners—just one click to buy and mine.”
Cyberian Mine is also fully automated, he explains. “Anyone can pick a miner already pre-installed in our facilities, click ‘buy,’ and start mining in 10 minutes. No technical expertise required. Plus, there’s no minimum order size. Everything is transparent and auditable—each miner has a physical device with a unique serial number.”
Everminer takes this one step further. “With Everminer, we’ve democratized access to Bitcoin mining. No recurring fees, no technical hurdles—just lifetime mining with a single upfront payment.”
“So, when someone signs up with you, what can they expect? How easy is it to use your service?”
“We’ve made the process as easy as possible,” Max says. “Once someone signs up—usually with a 1-click Google authentication—they can top up their balance with crypto or a wire transfer. After that, it’s as simple as choosing how much mining power they want to purchase. Everything starts instantly. They just need to add a Bitcoin wallet address for payouts, and they can track their earnings through a user-friendly dashboard.”
“What technology are you using?”
Max takes pride in the custom technology he and his team have built. “Both for Cyberian Mine and Everminer, we’ve developed proprietary hashrate management technology. This automates all operations, lowers barriers to entry, and reduces margins. It allows us to offer hashrate failover, where miners can switch automatically if one fails, ensuring consistent mining for our customers.”
The platform also includes software that lets customers monitor their miners and track their operations with ease.
“If people use your service, are they going to save money compared to other services?”
Max nods confidently. “Absolutely. At Cyberian Mine, all miners come with a Lifetime Warranty and Automatic Failover. For a humble price of 6 eurocents per kWh, everything—maintenance, repairs, uptime—is covered. With Everminer, it’s even better: one upfront payment for lifetime mining, no ongoing costs. This results in significant long-term savings compared to traditional setups.”
“You say you provide transparency; can you explain more about that?”
Transparency is something Max clearly values. “We don’t hide our facilities,” he says. “In fact, we encourage customers to visit Siberia and see our operations in person. You can even check your machine’s serial number and verify everything.”
Cyberian Mine is the only company that has published daily stats since launching in 2020, giving customers a real-time view of performance. “We don’t just report uptime; we report actual hashrate delivery, which includes any blackouts, maintenance, or repairs. As far as I know, we’re the only company that does that.”
Everminer, too, is transparent to the core. “We publish our main mining pool account, so customers can see exactly how much hashrate we hold as reserves. We also share a public Bitcoin wallet address that holds reserves for future obligations, so there’s no doubt about our ability to fulfill our promises.”
“Do you have any plans to develop your service in the near future?”
Max smiles again. “We’re always innovating. At Everminer, we’re developing an exchange-like platform with an order book and limit/market orders, allowing users to easily buy and sell Everhashes to each other. We hope to roll that out by 2025.”
It’s clear that Max is not just a founder—he’s a visionary who has been quietly reshaping the landscape of Bitcoin mining. And from the sound of it, he’s just getting started.
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