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The Russian Ministry of Energy stated that cryptocurrency miners connecting to the power grid should apply under the fourth power-supply reliability category, and power may be directly cut off in relevant areas at any time. The category permits technical connections in energy-shortage areas.
Fortitude and BITMAIN signed a non-binding letter of intent, obtaining priority allocation rights for next-generation Zcash miners, with equipment commitments of up to 100000000 USD. It plans to draw 20000000 USD in refundable deposits,DCG expected to be funded with ZEC.
Fortitude Mining stated that DCG would increase its credit facility to 50000000 USD, with approximately 31000000 USD in available borrowing. The company expects the borrowing to be disbursed in the form of ZEC and used for investments in mining machines, data centers, and power facilities.