Blockchain Reporter

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

Panama City, Panama, July 27th, 2026, Chainwire EMCD, 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.

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