This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal
Cypherpunk Technologies acquired roughly 18% of Zcash’s mining power in a $33.33 million fairness deal that might dilute shareholders. On Aug. 18, the public company revealed that it purchased 4,902 mining machines from Moria Mining, an affiliate of Winklevoss Treasury Investments (WTI). The fleet generates about 4.2 GSol/s throughout three US websites, making Cypherpunk the…
