EMCD, one of the world’s biggest Bitcoin mining pools, launched a $30 million Miner Support Program on July 27, 2026. The initiative aims to help miners struggling with the industry's sharpest profit squeeze by offering financing, fee cuts, and partner deals.
Bitcoin’s hashprice, which measures mining revenue per unit of computing power, has tumbled to about $28 per PH/day, a 50% plunge since October 2025 and the lowest level since the last halving, according to CoinShares Q1 2026 data. This collapse forced roughly 252 EH/s of mining capacity offline, as operators with older gear faced unsustainable margins, per Hashrate Index data cited by CoinCentral.
Consecutive negative difficulty adjustments the first in nearly four years signal broad miner capitulation. EMCD, active since 2017 and responsible for processing over 4,550 BTC mined by its users last year, views this as a testing phase with potential for those who stay in the game.
Program Details and Benefits
To ease pressure, EMCD restructured fees, negotiated discounts on hardware and infrastructure, and opened access to liquidity and yield products tailored to mining operations worldwide. Miners under cash strain can tap EMCD’s secured loans at a 3.9% APR to cover costs without selling assets in a falling market. Unlike generic crypto loans, these are designed around miners’ cash flows and become more affordable when combined with fee relief and hardware savings.
EMCD offers a zero pool commission for 60 days to reduce overhead during depressed hashprice periods. Miners running outdated or inefficient machines get special pricing on Vnish firmware, a top ASIC optimization software. Those expanding or relocating can access exclusive deals on equipment and data center services through EMCD’s partners.
Hardware makers, data centers, and hosting providers are invited to join the program by offering unique terms to qualifying miners. Applications are open at EMCD’s website.
Michael Jerlis, EMCD’s CEO, emphasized the importance of resilience in mining cycles: "Survivors of downturns aren’t those who wait them out but those who use them. This program equips miners with the tools to do just that."
