# One Listed Company Now Controls About 18% of Zcash Mining Power

Cypherpunk Technologies paid for the fleet with a warrant rather than cash, and already holds 323,394 ZEC, close to 2% of the privacy coin's circulating supply.

- Published: 2026-08-19T05:47:33.890Z
- Canonical: https://polylog.news/crypto/2026-08-19/one-listed-company-now-controls-about-18-of-zcash-mining-pow
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/this-public-company-now-controls-18-of-zcash-mining-power-after-33-million-winklevoss-linked-deal/), [Bitcoin Magazine](https://bitcoinmagazine.com/news/dmnd-integrates-mempool-accelerator-with-miner-revenue-sharing-using-stratumv2)

Cypherpunk Technologies launched a United States Zcash mining fleet of roughly 4.2 GSol/s (a measure of Zcash mining capacity) after a $33.33 million transaction with Winklevoss Capital, giving it about 18% of the Zcash network's total hash…

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