Fortitude brings new Nebraska site online, adds to Zcash mining footprint
Macro & Markets ·
DCG's mining subsidiary switches on a self-built 12 MW facility, pushing its combined capacity past 60 MW across seven sites.
Fortitude, the Zcash-focused miner tied to DCG, has activated a 12 MW facility in Nebraska, marking the first site the company built itself rather than acquired or leased, according to wublockchain.xyz. With this addition, the firm's total operating power across its seven locations now exceeds 60 MW.
The economics behind the move center on cheap electricity and updated hardware. Power at the new Nebraska site runs around $0.045 per kWh, and paired with next-generation mining rigs, Fortitude projects its direct cash cost to produce one ZEC will fall from roughly $70 down to $40 — a reduction the company frames as a 43% cut, per wublockchain.xyz.
Coverage of the launch also notes Fortitude's ties to Barry Silbert, with reporting on the facility coming online and its cost implications appearing at theblock.co. Additional context on the mining sector's broader dynamics is tracked at leviathan.news, which follows industry infrastructure trends including facility buildouts like this one.
Beyond the operational expansion, Fortitude is working toward a merger with Nasdaq-listed HeartSciences, a deal that would take the miner public if completed. No timeline for that transaction has been disclosed alongside the Nebraska launch.
What remains unclear is how quickly the projected $40 per-ZEC cost figure will materialize in practice, since it depends on both the new hardware reaching full deployment and electricity rates holding near the stated $0.045 per kWh. The status and terms of the HeartSciences merger also remain to be finalized, as does any further detail on how the seven-site, 60 MW-plus network will be utilized going forward.