According to CoinMeta, Cypherpunk Technologies announced the acquisition of a mining fleet worth $33 million through a transaction with Winklevoss Capital, in order to expand its mining operations within the Zcash ecosystem. This mining operation has been launched at multiple facilities in the United States and currently produces approximately 4.2 Gsol /s, accounting for 18% of the current computing power of the Zcash network. Cypherpunk currently holds 323,394 ZEC, with the goal of eventually holding 5% of the circulating supply of ZEC.