Fortitude Sells Zcash Holdings to Expand Mining Operations

Community Trust Score Verified 93 % Real Verified 29 votes Updated 4 hours ago Fortitude just sold $8.3 million worth of Zcash. Not its own Zcash — borrowed Zcash, which is a pretty unusual move even by crypto mining standards. This move by Fortitude highlights the increasing competitive pressure in the cryptocurrency mining sector, where companies are compelled to invest aggressively in equipment to secure their profitability amidst rising operational costs and a more saturated market.

Source: The Currency Analytics