Cypherpunk Technologies says it is launching what it describes as the world’s largest Zcash mining fleet, deploying 4.2 GSol/s of Equihash hashrate across the United States. The company says the mining fleet is active and represents about 18% of the Zcash network’s hashrate.
Both outlets link the launch to an equity-based arrangement with Winklevoss Capital. PR Newswire describes the activation as occurring through a “Winklevoss deal,” while The Block reports the fleet is online as of today with the same approximate hashrate figure and emphasizes the $33 million figure associated with the transaction.
The coverage is otherwise focused on corporate details and framing. PR Newswire also names industry veteran Kevin Zhang as joining Cypherpunk as Head of Mining. The Block concentrates on the operational milestone—hashrate deployed, location (US), and network share—without additional commentary on personnel.
Neither source provides details on how long the fleet will operate, whether the figures are continuously monitored by an independent third party, or any immediate impact on Zcash network performance.
