Cypherpunk Secures Massive Zcash Mining Power with $33.33 Million WTI Deal

Cypherpunk Technologies has acquired a significant portion of Zcash's mining power through a $33.33 million equity deal linked to Winklevoss Treasury Investments (WTI).

The public company bought 4,902 mining machines from Moria Mining, an affiliate of WTI, for approximately $33.33 million.

This purchase gives Cypherpunk control over roughly 18% of Zcash's mining power, making it the operator of the world's largest active Zcash mining fleet.