EMCD Launches Miner Support Program Amid Industry-Wide Profitability Squeeze

EMCD has launched its Miner Support Program to help mining operators survive the industry's current profitability squeeze. The program provides up to $30 million in financing, fee relief, and partner benefits for eligible miners.

The move comes as Bitcoin's hashprice, a key measure of mining revenue per unit of compute, has dropped to approximately $28/PH/day, a 50% decline from its October 2025 peak. An estimated 252 EH/s has been taken offline due to operators running older-generation hardware finding margins no longer viable.

'We've been through every cycle in this industry since 2017, the rallies, the winters, the halvings,' said EMCD's Founder & CEO Michael Jerlis. 'What we've learned is that the operators who survive aren't the ones who wait out the downturns. They're the ones who use them.'

The program includes secured liquidity facilities at 3.9% APR to cover operational costs without selling assets into a down market, as well as zero pool commission for 60 days and preferential pricing on Vnish firmware.