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Fortitude secures priority access to Bitmain Zcash miners in $100 million commitment

Fortitude has secured a priority allocation for Bitmain's next-generation Zcash miners under a non-binding commitment valued at up to $100 million, with shipments projected to begin in Q2 2027.

Fortitude logo in black lettering with a purple accent mark on an off-white background.
Image: @TheBlockCo

Fortitude has secured priority access to Bitmain's next-generation Zcash miners under a non-binding commitment valued at up to $100 million, according to The Block. CoinMarketCap reported that the agreement was reached via a non-binding letter of intent covering unreleased hardware models.[1][2][4]

Shipments of the mining equipment are expected to start in the second quarter of 2027, subject to final pricing and hardware specifications. The expansion comes alongside Fortitude scaling its mining capacity and increasing financing from DCG.[1][2][3]

Key facts

  • Fortitude entered a non-binding commitment valued at up to $100 million for priority access to Bitmain's next-generation Zcash miners.
  • The transaction was structured as a non-binding letter of intent for unreleased mining rigs, according to CoinMarketCap.
  • Equipment shipments are slated to begin in Q2 2027, subject to final specifications and pricing.
  • Fortitude is concurrently expanding its capacity and securing increased financing from DCG.

Sources · 4 sources

  1. TB

    The BlockArticle ·

    Fortitude expands Zcash mining push with up to $100 million equipment commitment Fortitude secured priority access to BITMAIN’s next-generation Zcash miners as it expands capacity and increases financing from DCG.

    Open source
  2. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: Fortitude secures a priority allocation for Bitmain's next-generation Zcash miners under a non-binding commitment of up to $100 million. The equipment is expected to begin shipping in Q2 2027, subject to final specifications and pricing. https://t.co/MVcXPigG9g

    Open source
  3. BL

    BlockNews@blocknewsdotcomPost on X ·

    🚨 JUST IN: Fortitude secures priority access to Bitmain’s next-generation Zcash miners under a non-binding commitment of up to $100 MILLION. Shipments are expected to begin in Q2 2027, subject to final specifications and pricing. https://t.co/cpynwMkPPk

    Open source
  4. CO

    CoinMarketCap@CoinMarketCapPost on X ·

    LATEST: ⛏️ Fortitude signed a non-binding letter of intent with Bitmain for priority access to up to $100M of unreleased next-generation Zcash mining rigs. https://t.co/Wc1vr8Jupr

    Open source