“We've held all of the Zcash we've mined and we intend to continue to do so”

Bankless · Cypherpunk Owns $500M of Zcash and 18% of Its Hashrate | CIO Will McEvoy

Play from 32:54
32:54

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What was described

hold all ZEC they mine on the company balance sheet instead of selling it

Said nearby on the same subject

“A Fed balance sheet at $6 trillion is more responsible than a $20 trillion balance sheet”
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“I think a lot of people view the QE ... as primarily working through the balance sheet ... but ... yields would rise ... investors sell bonds because they're not as excited”
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“Can immediately sell that cluster to somebody else. So it doesn't hit your balance sheet.”
♫
Said on Latent Space: The AI Engineer Podcast
Business model Share this moment
“It looked at price per square footage… building all the comp sheets, and then figuring out… cost for specific things… 10-year holding period.”
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Said on TBPN
How they work Share this moment

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