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Cypherpunk Mining Goes Live with Zcash Hashrate, The Block Says Winklevoss Poured in $33 Million
Blockchain

Cypherpunk Mining Goes Live with Zcash Hashrate, The Block Says Winklevoss Poured in $33 Million

Cypherpunk Mining officially went live in the US today with roughly 4.2 GSol/s of Equihash hashrate targeting Zcash mining; a report from The Block says the buildout involves $33 million in funding tied to Winklevoss.

Gemini Posts $108M Loss, Shares Slide as Winklevoss Admits "Work to Do"
Blockchain

Gemini Posts $108M Loss, Shares Slide as Winklevoss Admits "Work to Do"

Gemini reported a $108 million loss and shares dropped on the news—but prediction market volume nearly doubled. One earnings report, two very different signals.