Fortitude, a Zcash miner, appoints former Hut 8 CEO Jaime Leverton as chief executive ahead of planned Nasdaq SPAC merger.
Tech & Launches ·
Fortitude, a Zcash miner backed by Barry Silbert, has appointed Jaime Leverton, former chief of Hut 8, as its chief executive officer as the company prepares for a planned merger to go public on Nasdaq. The appointment precedes Fortitude's expansion of mining operations, including a 12MW Nebraska site that reportedly reduces Zcash production costs by approximately 43%.