Fortitude Cuts ZEC Mining Costs with New Nebraska Facility

Fortitude, a Zcash mining company owned by Digital Currency Group, has launched its first self-built 12-megawatt facility in Grand Island, Nebraska. The site, which is the company's largest and most efficient to date, was brought online on July 28.

The new facility is expected to reduce Fortitude's direct cash cost of mining ZEC from around $70 per coin to approximately $40 per coin. This estimate assumes stable electricity, network, and market conditions after full equipment deployment.

Fortitude CEO Andrea Childs stated that owning the site directly gives the company control over its power costs and operational decisions. The facility's design allows it to operate as an interruptible load, pulling back electricity consumption during periods of peak grid demand and participating in demand response programs.