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Winklevoss Capital sells its Zcash rigs to a company it backs and takes stock

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Cypherpunk paid $33.33 million for a Zcash mining fleet with a warrant for 43.3 million shares instead of cash, diluting CYPH holders. The fleet runs 18% of ZEC hashrate.

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Winklevoss Capital sells its Zcash rigs to a company it backs and takes stock

Cryptopolitan News 2h ago

Winklevoss Capital sells its Zcash rigs to a company it backs and takes stock

Cypherpunk paid $33.33 million for a Zcash mining fleet with a warrant for 43.3 million shares instead of cash, diluting CYPH holders. The fleet runs 18% of ZEC hashrate.