EMCD launches Miner Support Program with up to $30M for miners amid industry’s steepest profitability squeeze

cointelegraphPublished on 2026-07-27Last updated on 2026-07-27

Abstract

EMCD, a major global Bitcoin mining pool, has launched a Miner Support Program offering up to $30 million in financing, fee relief, and partner benefits to eligible miners. This initiative responds to a severe industry profitability squeeze, with Bitcoin's hashprice falling 50% from its late-2025 peak to a post-halving low of approximately $28/PH/day, forcing an estimated 252 EH/s of mining capacity offline. The program provides secured liquidity facilities at a 3.9% APR, 60 days of zero pool commission, and access to preferential pricing on hardware optimization software and partner equipment/data center services. EMCD's CEO, Michael Jerlis, stated the program is designed to help active miners strategically navigate the downturn. The company is also inviting hardware manufacturers and data center providers to join as program partners.

Panama City, Panama, July 27, 2026, ChainwireEMCD, a global crypto-fintech platform and one of the world’s largest Bitcoin mining pools, announced the launch of its Miner Support Program, providing eligible miners with access to up to $30 millions* in financing, fee relief and partner benefits.

The program launches against a challenging backdrop. Bitcoin’s hashprice — the key measure of mining revenue per unit of compute — has declined to approximately $28/PH/day, a 50% drop from its October 2025 peak and an all-time post-halving low, per CoinShares Q1 2026 data. An estimated 252 EH/s has been taken offline (According to Hashrate Index data, cited in CoinCentral, April 2026) as operators running older-generation hardware found margins no longer viable. Three consecutive negative difficulty adjustments, the first such streak since July 2022, signal broad capitulation across the sector. EMCD, which has operated its mining pool since 2017 and processed over 4,550 BTC mined by its users in 2025, sees the current period as both a stress test and a structural opportunity for operators who remain active.

Program structure

As margins compress across the industry, EMCD has put together a concrete response: restructured fees, negotiated hardware and infrastructure deals, and opened access to its liquidity and yield products — a toolkit built around how mining businesses actually work, available to operators in any region.

Miners facing cash flow pressure can access EMCD’s secured liquidity facilities at 3.9% APR — to cover operational costs without selling assets into a down market. Unlike generic crypto-backed credit lines, EMCD products are built around mining-specific cash flow cycles and are bundled with the rest of the program, so the effective cost of capital comes down further when combined with fee relief and hardware savings rather than being judged on rate alone.

Those looking to protect margins on every block can apply for zero pool commission for 60 days, reducing overhead while hashprice remains depressed. Miners running older or underperforming hardware can unlock preferential pricing on Vnish firmware — the market’s leading third-party ASIC optimization software. Those looking to expand or relocate capacity get access to special terms on equipment and data center services through EMCD’s partner network.

Partner participation

EMCD is inviting hardware manufacturers, data centers, and hosting providers to join the program by offering exclusive terms to eligible miners. Partner applications can be submitted at the website: https://support-miners.emcd.io/.

“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. This program is our commitment to making sure our miners have the tools to do exactly that.” — Michael Jerlis, Founder & CEO, EMCD.

*The stated amount reflects the maximum aggregate value of support (including financing, fee reductions and partner offers) that may be made available under the program and does not constitute a reserved fund.

About EMCD

EMCD is the global cryptocurrency mining pool and infrastructure provider. Founded in 2017 as an early industrial BTC mining operation in Europe, EMCD now serves users and businesses across 120+ markets. With over 30 EH/s of hashrate and a place in the global top ten, EMCD committed to security, reliability and transparency. EMCD’s mission is to make it simpler for individuals and businesses to build, earn and transact with digital assets. EMCD was recognised as Best Mining Pool by Coingape in 2026 and Finance Feeds in 2025.

Media contact
Nadia Pereira
pr@emcd.io

Related Questions

QWhat is the EMCD Miner Support Program and what is the maximum value of support it offers?

AThe EMCD Miner Support Program is an initiative by the EMCD mining pool to provide financing, fee relief, and partner benefits to eligible miners. The maximum aggregate value of support available under the program is up to $30 million.

QAccording to the article, what is the current Bitcoin hashprice and why is the mining industry facing pressure?

AAccording to CoinShares Q1 2026 data cited in the article, Bitcoin's hashprice has declined to approximately $28/PH/day. This represents a 50% drop from its October 2025 peak and is an all-time post-halving low, leading to a severe profitability squeeze for miners.

QWhat are two specific forms of financial support miners can get from the EMCD program to address cash flow issues?

AMiners can access: 1) Secured liquidity facilities at a 3.9% APR to cover operational costs without selling assets, and 2) Zero pool commission for 60 days to reduce overhead while hashprice remains low.

QBesides direct financing, what other types of support does the program provide to help miners improve efficiency or expand operations?

AThe program also provides: 1) Preferential pricing on Vnish firmware (ASIC optimization software) for older hardware, and 2) Access to special terms on equipment and data center services through EMCD's partner network for those looking to expand or relocate.

QWho is invited to participate as partners in the EMCD Miner Support Program, and what is the stated purpose of the program according to EMCD's CEO?

AEMCD is inviting hardware manufacturers, data centers, and hosting providers to join by offering exclusive terms to eligible miners. According to Founder & CEO Michael Jerlis, the program's purpose is to provide miners with the tools to actively use industry downturns to their advantage, rather than just wait them out.

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