Crypto Scenario Insights
What happened
Institutional miner Fortitude is acquiring 9,000 Bitmain Antminer Z15 Pro machines, boosting Zcash's Equihash hashrate by approximately 7.56 GSol/s.
What we think
Fortitude's $31.5 million investment in 9,000 Zcash mining rigs is a significant infrastructure upgrade, boosting network security.
Read the analysis
Zcash Mining Expansion: Does Fortitude's Investment Signal ZEC Demand?
We explain what happened and what could follow. We do not forecast prices.