Fortitude Launches Nebraska Mining Facility to Cut ZEC Production Costs
Fortitude, a Zcash miner backed by Barry Silbert, has opened a new 12-megawatt mining facility in Nebraska. This strategic move aims to lower its direct cash mining costs from approximately $70 to around $40 per ZEC, enhancing operational efficiency. Additionally, the company is preparing for a potential public listing, marking a significant expansion in the cryptocurrency sector.
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Barry Silbert-backed Zcash miner Fortitude brings Nebraska facility online to cut its ZEC production costs
Fortitude expects its new 12-megawatt mining facility to cut its direct cash mining cost from about $70 to roughly $40 per ZEC.
Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing
The Digital Currency Group-owned Zcash miner brought its first greenfield site online as it looks to lower mining costs and advance plans to become a public company.
