Cypherpunk Technologies has activated what it describes as the world’s largest Zcash mining operation, acquiring a US-based mining fleet from Winklevoss Capital in an equity-based transaction
Cypherpunk Technologies has activated what it describes as the world’s largest Zcash mining operation, acquiring a US-based mining fleet from Winklevoss Capital in an equity-based transaction valued at $33.33 million.
The fleet is already live at facilities across the United States, generating approximately 4.2 GSol/s, which Cypherpunk says represents roughly 18% of the Zcash network’s total current hashrate. If those figures hold, a single publicly traded company now controls nearly one-fifth of ZEC’s proof-of-work mining capacity.
