ePIC Blockchain
ePIC Blockchain Technologies is a Toronto-based private semiconductor and systems company that develops custom firmware, hardware control boards, and mining rigs to optimize Bitcoin mining efficiency for institutional fleet operators and home miners.
- Company typePrivate
- Founded2022
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What ePIC Blockchain does
ePIC Blockchain Technologies Inc. is a Toronto-based private semiconductor and systems engineering company that develops hardware control boards, custom firmware, and proprietary mining rigs to optimize Bitcoin mining performance and efficiency. The company primarily serves institutional and enterprise Bitcoin mining operators running large fleets of Bitmain Antminer S19 and S21 machines, with a secondary offering targeting home miners through retail distribution channels. Headcount is reported in the 11-50 range and the company has raised approximately $10.2M across three funding rounds between 2017 and 2021.
The company's core technology stack centers on the Universal Mining Controller (UMC), a drop-in replacement control board for Antminer hardware that enables per-chip voltage and frequency tuning, and UMC OS, a custom firmware featuring Perpetual Tune, a closed-loop optimization system that continuously adjusts ASIC voltage and clock parameters in real time. Supporting tools include RigRunner (cross-platform mass deployment), ePIC Dashboard (fleet management), and proprietary BlockMiner rigs (520i immersion-ready, 740a air-cooled). ePIC designs custom blockchain ASICs manufactured by TSMC, with engineering leadership drawn from Qualcomm, AMD/Radeon, and PlayStation 4/5 GPU design programs. The company also co-develops a modular mining platform with Block Inc's Proto team and Core Scientific targeting 38.7% infrastructure cost savings per MW and 1.72x capacity improvement within existing facilities.
ePIC operates a hybrid revenue model combining one-time hardware sales for UMC boards and BlockMiner rigs, transaction-based dev fees of 1.5% on mining rewards for UMC OS and 2.2% for AltairOS, flat-fee enterprise licensing for large-scale deployments via [email protected], and design/configuration professional services. Go-to-market combines direct enterprise sales, GitHub-based self-serve software distribution, and three named channel distributors (Altair Technology, Synteq Digital, Kaboom), supplemented by industry-event presence (Consensus 2024, Blockchain Life 2024 Dubai) and content marketing aimed at mining operators.
ePIC Blockchain firmographics
Firmographics- Name
- ePIC Blockchain
- Legal name
- ePIC Blockchain Technologies Inc.
- Website
- https://epicblockchain.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ePIC Blockchain Technologies is a Toronto-based private semiconductor and systems company that develops custom firmware, hardware control boards, and mining rigs to optimize Bitcoin mining efficiency for institutional fleet operators and home miners.
- Ownership category
- akta.pro rank
ePIC Blockchain industry classification
Industry- Product category
- Bitcoin Mining Hardware
- NAICS
- Computer and Peripheral Equipment Manufacturing (3341)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)
- akta.pro secondary industry
- Mining Software, Firmware & Monitoring Platforms (FSADAOAF)
Keywords
Where ePIC Blockchain is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
ePIC Blockchain business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales - UMC Control Boards: Sale of Universal Mining Controller (UMC) hardware boards as drop-in replacements for Bitmain Antminer control boards. One-time flat hardware fee with no additional charges for firmware updates. Hardware enables deep per-chip tuning capabilities.
- Hardware Sales - BlockMiner Mining Rigs: Sale of proprietary BlockMiner mining rigs including BlockMiner 520i (immersion-ready) and BlockMiner 740a (air-cooled 4U). Built with native UMC integration, real-time voltage/frequency control, and fleet-ready architecture.
- UMC OS Firmware - Development Fee: UMC OS custom firmware for Antminers operates on 1.5% development fee model (reduced from 2.5%). Fee deducted from mining rewards. Trial option for operators exploring licensing.
- AltairOS Firmware - Development Fee: AltairOS firmware for home miners operates with 2.2% developer fee. Distributed via Altair Technology (altairtech.io) for retail and small-scale Bitcoin miners.
- Firmware Licensing: Flat licensing options available for large-scale enterprise deployments. Contact-based pricing for operators seeking alternative to dev fee model. Licensing contact: [email protected].
- Design & Configuration Services: Design, configuration, and related services offered in conjunction with product purchases. Includes engineering support for fleet deployment and optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | UMC OS 1.5% Development Fee |
| Transaction based/ take rate | Pay-as-you-go | AltairOS 2.2% Development Fee |
| One time/ perpetual license | Multi-year contract | UMC Hardware Control Board |
| Subscription | Annual | Firmware Licensing (Enterprise) |
| One time/ perpetual license | Multi-year contract | BlockMiner 520i |
| One time/ perpetual license | Multi-year contract | BlockMiner 740a |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels8 records
ePIC Blockchain product offering
Product offeringCore offering
ePIC Blockchain designs and sells custom Bitcoin mining hardware and firmware for enterprise mining operators. Core offerings include the Universal Mining Controller (UMC) drop-in replacement control board for Antminer S19/S21 rigs, proprietary UMC OS firmware with the Perpetual Tune automated optimization feature, BlockMiner 520i and 740a mining rigs with native UMC integration, AltairOS firmware for retail miners, and custom blockchain ASIC chips manufactured by TSMC.
Product overview
ePIC Blockchain offers an integrated portfolio of Bitcoin mining solutions comprising hardware control boards (UMC), custom firmware (UMC OS, AltairOS), mining rigs (BlockMiner 520i, BlockMiner 740a), and supporting deployment tools (RigRunner, ePIC Dashboard). The UMC hardware board provides direct replacement control for Antminer S19x/S21x machines, while UMC OS delivers firmware-only optimization for compatible stock control boards. Both paths leverage Perpetual Tune for continuous automated performance optimization. The company also designs custom blockchain ASICs manufactured by TSMC. Products are available through direct sales, official distributors (Altair Technology, Synteq Digital, KABOOM), and licensing agreements for enterprise deployments.
Differentiator
Problem solved
Functional benefit
Brands
- UMC (Universal Mining Controller): Hardware and firmware solution for enterprise-grade Bitcoin mining fleet management with precise frequency and voltage modulation
- UMC OS
- BlockMiner
- RigRunner
- AltairOS
- ePIC Dashboard
Products and services
- Universal Mining Controller (UMC) Hardware Board Drop-in replacement control board for Bitmain Antminer S19x and S21 series machines that provides per-chip frequency and voltage tuning, automated hashrate targeting, and roughly 20% performance improvement for enterprise Bitcoin mining operators.
- UMC OS Firmware Proprietary Bitcoin mining firmware for compatible Bitmain control boards enabling monitoring, tuning, and mass deployment, with Perpetual Tune continuous automated optimization on a 1.5% dev fee model or flat licensing for large deployments.
- BlockMiner 520i Immersion-ready Bitcoin miner with native UMC integration, real-time voltage and frequency modulation, paired 5kW PSU, and approximately 50% overclocking headroom for enterprise and institutional mining operators.
- BlockMiner 740a Air-cooled 4U Bitcoin miner optimized for data center environments and standardized fleet deployment, featuring custom firmware, API access, and modular hardware design for mixed-fleet operations.
- AltairOS Firmware Third-party Bitcoin mining firmware for home miners and Bitcoin enthusiasts, delivering ePIC's optimization suite with a 2.2% developer fee, distributed via Altair Technology's altairtech.io channel.
- Custom Blockchain ASIC Chips Custom blockchain ASIC chips designed by ePIC and manufactured by TSMC on FinFET processes, built for performance, efficiency, and mining profitability across Proof-of-Work systems.
Quantifiable outcome
- 10-25% efficiency improvement over stock Bitmain firmware
- +8 more outcomes
Companies that use ePIC Blockchain
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
ePIC Blockchain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature9 records
ePIC Blockchain partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, secondary and primary.
- Block Inc (Proto Team)coreePIC Blockchain is co-developing a modular mining platform with Block's Proto team and Core Scientific. This pilot project addresses key challenges for large-scale mining operations including infrastructure cost savings (38.7% estimated savings per MW), enhanced capacity (1.72x within existing facilities), and improved uptime. ePIC contributes mining firmware enabling agility in optimizing power usage and mining efficiency. Platform to be built out at Core Scientific facilities.
- Core ScientificcorePartner in modular mining platform pilot with Block's Proto team and ePIC Blockchain. Core Scientific to build out the new modular mining platform in one of its existing facilities. Partnership aims to achieve substantial infrastructure cost savings and operational efficiencies.
- Chain ReactionsecondaryCollaboration for building high efficiency hashing systems using Chain Reaction's cutting-edge ASICs, in preparation for Bitcoin Halving. ePIC building systems on Chain Reaction semiconductor technology.
- Altair TechnologyprimaryUS-based authorized distributor and reseller for ePIC products including UMC hardware boards. Also distributes AltairOS retail firmware product via altairtech.io. Based in St. Louis, MO with worldwide shipping. Authorized Canaan distributor offering home and commercial Bitcoin mining hardware.
- Synteq DigitalprimaryOfficial distributor for ePIC Blockchain products. Digital mining sector focus.
- KaboomsecondaryOfficial distributor for ePIC Blockchain products.
- TSMCcoreChip manufacturing partner. ePIC's custom blockchain chips are manufactured by TSMC. This close relationship is described as an important pillar of ePIC's competitive advantage, providing access to advanced FinFET processes for high-performance chip design.
- IntelsecondaryePIC BlockMiner mining rigs are based on Intel Blockscale technology. ePIC introduced ePIC BlockMiner North American designed Bitcoin mining rigs optimized for mining operations dynamics, performance and efficiency.
Scale indicators5 records
Recent moves6 records
Expansion highlights7 records
ePIC Blockchain competitors and assessment
Company assessmentDirect peers
- Braiins: Braiins is the most direct competitor: it offers Braiins OS+ custom firmware for Antminer hardware with a comparable dev fee model, plus a mining pool. ePIC's UMC OS and AltairOS compete head-to-head with Braiins OS+ on the same Antminer installed base.
- Luxor Technology: Luxor offers Luxos firmware for ASIC miners alongside a mining pool, hashrate index, and hosting services. It competes with ePIC in custom firmware for Antminer and Whatsminer hardware and shares the dev fee / enterprise tooling motion.
- Hiveon: Hiveon provides Hive OS fleet management software and custom firmware for ASIC miners. It overlaps with ePIC's UMC OS and ePIC Dashboard fleet management offering, targeting similar enterprise and small-scale mining operators.
Broad incumbents
- Bitmain: Bitmain is the dominant Antminer manufacturer and controls the underlying hardware platform that ePIC's UMC drop-in board and UMC OS firmware are built to optimize. A broader incumbent that could either absorb optimization features or constrain ePIC's addressable fleet.
- Canaan: Canaan manufactures AvalonMiner ASIC mining rigs and is an established competitor in the mining hardware category. ePIC's BlockMiner rigs and ASIC design ambitions place it in adjacent competition for new mining hardware sales.
- MicroBT: MicroBT manufactures Whatsminer ASIC mining rigs, the second-largest mining hardware brand after Bitmain. ePIC supports Whatsminer M30/M50 in its fleet tooling and competes indirectly for enterprise fleet wallet share.
- Intel (Blockscale): Intel's Blockscale ASIC is the silicon foundation for ePIC's BlockMiner rigs. Intel is both an enabling technology partner and a broad incumbent in blockchain mining chip design, with potential to compete more directly in custom silicon.
- Bitdeer: Bitdeer is a vertically integrated mining hardware (Antminer distribution) and mining services operator. It represents a broader incumbent competing across the stack ePIC targets: hardware, hosting, and optimization tooling.
Emerging players
- Chain Reaction: Chain Reaction designs custom ASICs for blockchain and high-efficiency hashing. It is both a technology partner (collaborating with ePIC on halving-ready systems) and an emerging competitor in custom mining silicon.
Others
- Foundry Digital: Foundry operates a major Bitcoin mining pool, equipment financing, and mining services business. While not a direct firmware/hardware competitor, Foundry is an ecosystem participant influencing enterprise mining tooling decisions that affect ePIC's GTM.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
ePIC Blockchain social profiles
Digital presenceePIC Blockchain financial estimates
Financial estimateRevenue estimate
Valuation estimate
ePIC Blockchain leadership team
Management profileNumber of profiles
Profiles3 records
ePIC Blockchain funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ePIC Blockchain M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ePIC Blockchain
What does ePIC Blockchain do?
ePIC Blockchain designs and sells custom Bitcoin mining hardware and firmware for enterprise mining operators. Core offerings include the Universal Mining Controller (UMC) drop-in replacement control board for Antminer S19/S21 rigs, proprietary UMC OS firmware with the Perpetual Tune automated optimization feature, BlockMiner 520i and 740a mining rigs with native UMC integration, AltairOS firmware for retail miners, and custom blockchain ASIC chips manufactured by TSMC.
Is ePIC Blockchain a public or private company?
ePIC Blockchain is a private company. It is classified as venture growth investor backed and is currently operating.
When was ePIC Blockchain founded?
ePIC Blockchain was founded in 2022. It employs 11 to 50 people.
Where is ePIC Blockchain based?
ePIC Blockchain is headquartered in Toronto, Canada, in the North America region.
How does ePIC Blockchain make money?
Six revenue lines are on record. Hardware Sales - UMC Control Boards are the primary driver. The others are hardware Sales - BlockMiner Mining Rigs, UMC OS Firmware - Development Fee, altairOS Firmware - Development Fee, firmware Licensing and design & Configuration Services.
Who are ePIC Blockchain's main competitors?
Direct peers on record are Braiins, Luxor Technology and Hiveon. Broad incumbents are Bitmain, Canaan, MicroBT, Intel (Blockscale) and Bitdeer. Chain Reaction is listed as an emerging player. Foundry Digital is listed as an others.
Does ePIC Blockchain have an API?
Yes. ePIC UMC OS includes a full REST API providing advanced teams with full access to mining parameters, enabling precise control over Bitcoin mining systems and fleet-level customization. The API supports GET and POST commands and can be used to send data to external source servers. API documentation is accessible via the Webdash interface.
What industry is ePIC Blockchain in?
ePIC Blockchain's product category is Bitcoin Mining Hardware. Its primary akta.pro industry code is FSADAOAD, Mining Hardware (ASIC/GPU) Manufacturing & Distribution, with a secondary code of FSADAOAF, Mining Software, Firmware & Monitoring Platforms. Its NAICS code is 3341 and its SIC code is 6200.