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via crypto.news · By crypto.news Editorial
Cypherpunk becomes largest Zcash miner in $33M deal
ZEC
ZEC/USDT
$525.63
+3.76%
$525.63
+3.76%
(24s)24h Volume
$511,836,771.23
24h H/L
$525.99 / $501.32
Change: $24.67 (4.92%)
Funding Rate
+0.0031%
Longs pay
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CE
crypto.news Editorial(09:32 PM UTC)
1 min read
Cypherpunk Technologies has acquired a 4.2 GSol/s Zcash mining fleet for $33.33 million, giving the Nasdaq-listed company about 18% of the network’s total computing power.
Summary
- The acquired Bitmain Z15 Pro fleet produces roughly 7,800 ZEC per month.
- Cypherpunk paid through a pre-funded warrant covering 43.29 million common shares.
- The equipment…
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