Mining
The ZEC hash market, the public fleets, and the cost to produce a coin.
Forward fleet
Today vs Fortitude 9,000 Z15 Pros on · hypothetical — not current hash
Uses the CYPH claimed fleet density (856.8 kSol/s per unit), not the Bitmain 840 kSol/s typical spec. 4,902 Bitmain Z15 Pros producing 4.2 GSol/s → 856.8 kSol/s / unit. 9,000 × 856.8 kSol/s = +7.71 GSol/s. New nethash 34.21 GSol/s → CYPH 12.3%, Fortitude 22.5% if they print that hash.
Disclosed output (not current hash): Fortitude (DCG, HSCS → TUDE): 157,000 ZEC/yr as of 31 May 2026. Kept as a production note only. Do not convert 157,000 ZEC/yr into GSol/s. 9,000 Z15 Pros ordered 30 Jul 2026.
Cypherpunk Mining
APA closed 17 Aug 2026; fleet launched 18 Aug 2026. Cypherpunk Technologies bought 4,902 Bitmain Z15 Pros (~4.2 GSol/s) from Moria Mining + Winklevoss Treasury Investments for $33.3M in pre-funded warrants (43,290,042 shares at $0.001). ZEC only. Sites: Fairview, WV 2,929 (Blockchain Power); Barstow, TX 1,351 (Mintwest); Morristown, TN 621 (321 Hamblen Ave).
PR Newswire 18 Aug 2026CYPH 8-K / APA
The two fleets
| Fleet | What they print | Note |
|---|---|---|
| CYPH | ~4.2 GSol/s operating · ~16% of nethash | Already-public disclosed fleet |
| Fortitude DCG, HSCS → TUDE | 157,000 ZEC/yr as of 31 May 2026 | 9,000 Z15 Pros ordered 30 Jul 2026. Not current hash. |
| Rest | Residual | Includes Fortitude until they print hash |