EMCD Launches Miner Support Program Amid Industry's Steepest Profitability Squeeze
EMCD, a leading crypto-fintech platform and one of the world's largest Bitcoin mining pools, has launched its Miner Support Program to help miners navigate the industry's steepest profitability squeeze. The program offers up to $30 million in financing, fee relief, and partner benefits to eligible miners.
The current market conditions are challenging, with a 50% drop in Bitcoin's hashprice from its October 2025 peak of approximately $56/PH/day to around $28/PH/day, according to CoinShares Q1 2026 data. The decline has led to an estimated 252 EH/s being taken offline as operators running older-generation hardware have found margins no longer viable.
Michael Jerlis, Founder & CEO of EMCD, stated, 'We've been through every cycle in this industry since 2017, the rallies, the winters, the halvings. 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 provides miners with restructured fees, negotiated hardware and infrastructure deals, and access to EMCD's liquidity and yield products. Miners can also benefit from secured liquidity facilities at 3.9% APR to cover operational costs without selling assets into a down market.