TREE NEWS update: Crypto mining firm Fortitude has secured priority allocation for Bitmain’s next-generation Zcash miners under a non-binding commitment with a potential purchase value of up to $100 million. Delivery of the machines is expected to begin in the second quarter of 2027, subject to final product specifications and pricing arrangements.
Fortitude Secures Priority Allocation for Bitmain’s Next-Gen Zcash Miners in Deal Worth Up to $100M
This is less a hardware order than a bet on Zcash's mining economics years out, and the non-binding, spec-and-pricing-contingent structure means the headline figure signals intent more than committed capital. The notable move is a miner locking in priority access to next-generation rigs for a privacy-focused chain rather than the usual Bitcoin ASIC race, which could matter for how Zcash's hash rate and miner concentration evolve. Whether the commitment converts to a binding purchase, and how Bitmain's final specs and pricing land, is the open question.
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