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Cypherpunk launches Zcash mining fleet controlling 18% of hashrate

Cypherpunk Holdings has launched a Zcash mining fleet that now controls 18% of the network’s hashrate, backed by a $33.3 million investment from Winklevoss Capital. The firm aims to acquire 5% of Zcash’s circulating supply, signaling growing institutional interest in privacy-focused cryptocurrencies.

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