Fortitude Mining to buy 9,000 Zcash miners from Bitmain in $31.5 million deal

Fortitude Mining to buy 9,000 Zcash miners from Bitmain in $31.5 million deal

N
News Editor
2026-07-30 20:21:31
Fortitude Mining has signed an agreement with Bitmain to purchase 9,000 Antminer Z15 Pro machines for $31.5 million as it expands its Zcash mining business, according to Techub, citing Crypto Briefing. The company said the machines were bought at a unit price of $3,499, roughly $1,500 below retail, bringing the total discount to $13.5 million. Fortitude Mining is a subsidiary of Digital Currency Group, or DCG, and was established in January 2025. The company currently mines about 157,000 ZEC on an annual basis. On July 28, it launched a new 12 MW facility in Nebraska that it expects will reduce mining cash costs by 43%. Fortitude is also preparing to go public through a merger with Nasdaq-listed HeartSciences. After the deal closes, the combined company is expected to trade on Nasdaq under the ticker TUDE.

Fortitude Mining has signed an agreement with Bitmain to buy 9,000 Antminer Z15 Pro mining machines for $31.5 million, according to Techub, which cited Crypto Briefing. The purchase will be used to expand the company’s Zcash mining business.

Deal terms

Fortitude Mining said the miners were acquired at a unit price of $3,499. That is about $1,500 below the retail price, for a total discount of $13.5 million.

Mining footprint

Fortitude Mining is a subsidiary of Digital Currency Group (DCG) and was founded in January 2025. The company currently produces about 157,000 ZEC per year. It also brought a new 12 MW facility online in Nebraska on July 28, a move it expects will cut mining cash costs by 43%.

Public listing plan

Fortitude is also preparing for a public listing through a merger with Nasdaq-listed HeartSciences. After the merger, the combined company is expected to trade on Nasdaq under the ticker TUDE.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
660

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.