Cypherpunk Technologies launches Zcash mining operation with a privacy mandate

Cypherpunk Technologies is no longer content just holding Zcash. Now it wants to make it too. On August 18, 2026, the publicly traded privacy technology firm launched a Zcash mining operation that it claims is the largest of its kind in the world. It got there through a $33.33 million equity-based acquisition from Winklevoss-affiliated entities. That pairs a sizable ZEC treasury with the machinery to produce more of it. The company frames the move as part of a broader mission. In its own words: Cypherpunk invests in privacy technologies to support the cypherpunk ethos and American values. The details: hashrate, holdings and a warrant After the launch, the mining fleet reportedly delivered approximately 4.2 GSol/s. GSol/s stands for billions of solutions per second, the unit Zcash uses to measure computing power on its network. That figure represented about 18% of total Zcash network hashrate. Cypherpunk expects to push its share to around 20% by late October 2026. The mining arm sits alongside an already substantial treasury. Cypherpunk currently holds 323,394 ZEC, which works out to roughly 1.92% of circulating supply. The stated goal is bigger. The company wants to own 5% of ZEC ...