Fortitude Zcash Mining Cost Drops 43% With New 12MW Facility

New Nebraska site brings total capacity to 60MW, cutting per-coin costs from $70 to $40. The firm targets a Nasdaq listing via merger with HeartSciences by late 2026.

Woofun AI reports that Fortitude, a Zcash mining entity under Digital Currency Group, has completed construction and electrical testing for its 12-megawatt facility on Grand Island, Nebraska. This addition expands the company's total power generation capacity to over 60 megawatts across seven locations. Management projects that direct cash costs per Zcash mined will decrease from approximately $70 to $40, assuming stable operational conditions, while current Zcash trades near $489.

The facility launch coincides with Fortitude's plan to achieve a public listing through a merger with Nasdaq-listed medical technology firm HeartSciences (HSCS), expected to close in the second half of 2026. Established in January 2025 from the Foundry division of Digital Currency Group, Fortitude employs a "risk mining" strategy for proof-of-work cryptocurrencies including Bitcoin.