• TSX-V:FORT$0.62
  • BTCUSD$53,389.50
  • FORT/GAM Hash rate: 131 PH/S
  • FORT/GAM Containers Live: 10

Team

  • Management
  • Directors
Team Member

AJ Scalia

Chief Executive Officer

Antonin "AJ" Scalia joins Fortress from Galaxy Digital, a diversified financial services firm dedicated to the digital assets sector. While at Galaxy, AJ held various roles across the firm’s investment banking and principal investments divisions. He was also a founding member of Galaxy’s bitcoin mining business, which built out the firm's proprietary mining operation and offers financial services to North American bitcoin miners.

Prior to joining Galaxy, AJ began his career in J.P. Morgan’s technology investment banking group, advising on mergers and acquisitions and raising capital for large-cap technology companies.

AJ holds a BBA in Finance from the College of William and Mary.

Team Member

Drew Armstrong

President & Chief Operating Officer

Thomas "Drew" Armstrong also joins Fortress from Galaxy Digital. He was a founding member of Galaxy's bitcoin mining team and helped build out Galaxy's mining equipment finance ("MiFi") product. Drew also worked in the firm's investment banking and principal investments divisions.

Prior to joining Galaxy, Drew began his career at Barclays' investment bank, where he focused on the origination of esoteric securitized products, such as data center securitizations and collateralized fund obligations.

Drew holds BAs in Economics and Philosophy from the University of Chicago.

SEAN TY

CFO

Mr. Ty has over 8 years of experience in both public and private companies across a broad range of industries including cannabis, blockchain and junior exploration companies. He is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia. Mr. Ty has been a principal of Ty Consulting Inc., a firm providing corporate accounting services to Canadian public and private companies, since October 2016. He has previously served as the Interim Chief Financial Officer of a publicly-listed cannabis company. He was previously an assurance manager at Ernst & Young.

 
Team Member

ROY SEBAG

CHAIRMAN

Roy Sebag is an entrepreneur with nearly 20 years of experience in the technology, precious metals and investment management industries. His foremost goal for the past decade has been the empowerment and education of savers through the democratization of sound money by means of modern technology.

Mr. Sebag founded Goldmoney Inc. (formerly BitGold), which remains the world’s largest precious metals savings and payments platform. He also founded Bitfarms, which has grown to become one of the largest bitcoin miners in the world. He recently founded Mene Inc., a direct-to-consumer jewelry brand which sells pure gold and platinum jewelry by gram weight, with the mission of restoring the historic link between jewelry and personal savings.

Team Member

AJ Scalia

Director

Antonin "AJ" Scalia joins Fortress from Galaxy Digital, a diversified financial services firm dedicated to the digital assets sector. While at Galaxy, AJ held various roles across the firm’s investment banking and principal investments divisions. He was also a founding member of Galaxy’s bitcoin mining business, which built out the firm's proprietary mining operation and offers financial services to North American bitcoin miners.

Prior to joining Galaxy, AJ began his career in J.P. Morgan’s technology investment banking group, advising on mergers and acquisitions and raising capital for large-cap technology companies.

AJ holds a BBA in Finance from the College of William and Mary.

Team Member

Drew Armstrong

Director

Thomas "Drew" Armstrong also joins Fortress from Galaxy Digital. He was a founding member of Galaxy's bitcoin mining team and helped build out Galaxy's mining equipment finance ("MiFi") product. Drew also worked in the firm's investment banking and principal investments divisions.

Prior to joining Galaxy, Drew began his career at Barclays' investment bank, where he focused on the origination of esoteric securitized products, such as data center securitizations and collateralized fund obligations.

Drew holds BAs in Economics and Philosophy from the University of Chicago.

Team Member

Marcus Dent

DIRECTOR

Marcus Dent is a well-respected thought leader in the industry growing around the Bitcoin network. Leveraging his background in economics, finance, and design, Marcus has developed a Bitcoin and free markets-focused media company, which he operates under the pen name Marty Bent, that has educated millions of people about the potential for Bitcoin to be a positive impetus for change in an increasingly digital and connected world. In addition, Marcus Dent is the Director of Business Development at Great American Mining ("GAM"), a Bitcoin mining company focused on off-grid mining and which uses low-cost non-rival energy sources such as natural gas that would otherwise be flared throughout oil fields.

Team Member

DAVID JAQUES

DIRECTOR

Mr. Jaques was the founding CFO of PayPal and SVP of Silicon Valley Bank. He brings the viewpoint of a senior level financial executive with experience in private equity, early stage high-growth companies and banking. Mr. Jaques is currently the CFO of Greenough Consulting Group which provides advice to emerging, mid-market and private equity firms.

Disclaimer

This calculator presents the historical daily block reward based on the miner’s share of global hash rate applied to the global daily mining rewards including transaction fees. The more commonly used “Difficulty Method” of calculating rewards presents a theoretical estimate of mining rewards. The Miner’s Share method presented here is calculated off of actual historical data and is a more accurate method of calculating historic mining rewards. This method has been validated to within 1-2% of real mining results.

This calculator is provided as an approximation of reward mechanism of the Bitcoin blockchain, it does not constitute investment advice. This calculator is based on theory and cannot account for statistical variations in solving the cryptographic hash-function, or various real world phenomena that may affect the actual performance of a cryptocurrency mine such as: degradation of mining equipment, the need for mining equipment maintenance, and/or electrical/heating issues. Fortress Blockchain and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon, or as a result of the information, provided by this tool. Fortress Blockchain is not responsible for any human or mechanical errors, or omissions.

All Regional Energy Prices based on national averages in USD

US price: = $0.0663/kWh
Canadian price: C$0.07039/kWh ÷ 1.30 = $0.0541/kWh
Iceland price: EUR 0.080/kWh ÷ 0.81 = $0.0987/kWh
China price: RMB 0.548/kWh ÷ 6.33 = $0.0866/kWh

 

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