Fortitude has secured priority purchasing allocation for Bitmain’s next-generation Zcash mining machines, with the two sides reaching a non-binding purchase intention valued at up to $100 million. Under the current arrangement, deliveries are expected to begin in the second quarter of 2027. The timing is not fixed, however, because it still depends on final product specifications and pricing. The agreement does not carry legal force at this stage, which leaves the final purchase volume and transaction terms unresolved. The update was reported by The Block and carried by BlockBeats on October 6. The announcement points to a potential large-scale procurement, but the companies have not locked in definitive commercial terms.
Fortitude has locked in priority buying allocation for Bitmain’s next-generation Zcash mining machines, and the two sides have also agreed to a non-binding purchase intention valued at as much as $100 million.
Under the current setup, the miners are slated to start shipping in the second quarter of 2027. But the delivery timeline still hinges on final product specifications and pricing.
Because this agreement is not legally binding at this stage, the actual purchase size and the final transaction terms are still up in the air.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
