Fortitude Acquires Nebraska Site, Cuts ZEC Mining Cost to $40

DCG subsidiary Fortitude buys 12.5MW Nebraska facility for $4.7M, lowering ZEC mining costs to $40 via $0.045/kWh power rates.

Woofun AI reports that Fortitude, the Zcash mining arm of Digital Currency Group, has finalized the purchase of a 12.5-megawatt facility in Prosser, Nebraska. The transaction, valued at approximately $4.7 million, includes land, buildings, and an on-site substation. This acquisition reduces Fortitude’s estimated cost to mine ZEC to roughly $40 per coin, supported by power costs of about $0.045 per kilowatt-hour at the new site.

The Prosser location marks Fortitude’s third Nebraska facility, bringing its total capacity to over 60 megawatts across seven sites in four states. By owning the infrastructure, Fortitude aims to mitigate rental price volatility and control operational expenses. The company cites Nebraska’s low electricity rates and regulatory environment as key factors in this strategic expansion.