Cypherpunk Unleashes World's Largest Zcash Mining Fleet with $33.33M Winklevoss Deal

Cypherpunk Technologies has launched the world's largest Zcash mining fleet through an equity-based transaction with Winklevoss Capital, valued at $33.33 million.

The company acquired approximately 4.2 GSol/s of live hashrate from Moria Mining LLC and Winklevoss Treasury Investments, which represents about 18% of the total Zcash network.

Cypherpunk's mining operations now stand alongside its existing ZEC treasury and investment strategy anchored by ZODL, the most widely used Zcash wallet.

The company's Chief Investment Officer, Will McEvoy, stated that the acquisition provides financial and operational flexibility to fund future growth, acquire additional ZEC, and invest in new privacy-preserving technologies.