DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges
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https://cryptoslate.com/dcg-launches-fortitude-mining-to-diversify-beyond-bitcoin-amid-industry-challenges/
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Digital Currency Group launches Fortitude Mining
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DCG CEO Barry Silbert revealed the move in a social media post on Jan. 29, calling Fortitude Mining the company’s fifth subsidiary.
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The launch of Fortitude Mining reflects broader trends in the crypto-mining industry, which has faced significant headwinds since Bitcoin’s fourth halving in April 2024. The reduction in block rewards has tightened profit margins, prompting industry-wide consolidation and strategic pivots
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