EMCD Launches $30M Miner Support Program Amid Industry's Worst Downturn
EMCD has launched its Miner Support Program to provide up to $30 million in financing and relief for miners amid the industry's most severe profitability squeeze. Bitcoin's hashprice has plummeted to around $28 per terahash per day, a 50% drop from its October 2025 peak and an all-time post-halving low.
According to EMCD CEO Michael Jerlis, 'operators who survive aren't the ones who wait out the downturns. They're the ones who use them.' The program offers secured liquidity facilities at 3.9% APR, zero pool commission for 60 days, and preferential pricing on Vnish firmware.
EMCD is also inviting hardware manufacturers, data centers, and hosting providers to join the program by offering exclusive terms to eligible miners.