Fortitude Mining Holdings sold about $8.3 million worth of borrowed Zcash (ZEC) to support a large-scale expansion of its mining operations, ordering 9,000 new BITMAIN Antminer Z15 Pro machines. The machines, costing around $31.5 million, are scheduled for delivery in two batches in October and November 2026, potentially boosting Fortitude's Equihash hashrate from 4.7 GSol/s to 7.56 GSol/s. Additionally, Fortitude plans a separate $20 million ZEC draw to secure a refundable deposit for up to $100 million in next-generation Zcash mining equipment expected to ship starting in Q2 2027. This expansion aims to increase Fortitude's capacity to earn Zcash block rewards, reflecting confidence in the growth potential of Zcash mining infrastructure.
Fortitude Mining Holdings' $8.3 million Zcash sale coincides with Pluang's cryptocurrency market snapshot as of Oct 17, 2026 07:21 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell today. Notable movers include DOT (Polkadot) at Rp21.076 with a 2.71% increase and 96% buy order activity, SAND (The Sandbox) at Rp968 down 3.61% with 59% buy orders, and ALGO (Algorand) at Rp2.069 down 2.68% with 87% buy orders.
Changan Automobile announced new partnerships covering seven European markets and launched its "with U" service program at Mondial de l’Auto 2026. This marks a shift from market entry to building a local ecosystem including manufacturing, sales, serv...
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Northland Power Inc. announced it will release its third quarter 2026 financial results after market close on November 12, 2026. The company will host an earnings call and webcast on November 13 at 9:00 a.m. ET, providing investors an opportunity to ...
Several daily leveraged ETFs tied to tech and crypto-related stocks dropped sharply, with declines over 20%. Notable falls include GraniteShares 2x Long NBIS Daily ETF down 24.5% and Leverage Shares 2x Long CRWV Daily ETF down 23.9%. These ETFs aim t...
Recent biotech IPOs Iambic Therapeutics and City Therapeutics saw significant price jumps, rising 25.9% and 22.2% respectively after their market debuts, raising substantial capital. Inverse leveraged ETFs SMCZ and SMST also gained sharply as their u...
