Foundry’s Zcash Mining Pool: The Latest Cry for Privacy in a Public World!

by

Key Highlights

  • Foundry Digital’s Zcash mining pool has galloped into existence, commandeering nearly 30% of the network hash rate faster than you can say “What is Zcash?”
  • This audacious maneuver reflects a cosmic curiosity among institutions about Zcash, as they construct shiny new infrastructures to meet their whims.
  • In a delightful twist of fate, Foundry has also introduced a blockchain explorer to feed the insatiable appetite for live network data.

In a universe where digital assets twinkle like stars, Foundry Digital has officially launched a mining pool for Zcash (ZEC), and several institutional clients have decided to throw their hats-and hash rates-into the ring.

In an X post that somehow managed to be both exciting and mildly concerning on Monday, the firm announced that the Zcash Pool is experiencing growth so rapid it makes a cheetah on roller skates look slow, now accounting for around 30% of the overall network hashrate. This swift adoption suggests there’s a rising demand for specialized mining pools catering to a cryptocurrency that prides itself on being privacy-oriented, much like a shy teenager at a party.

🚀 Behold! The Foundry Zcash Pool has officially burst onto the scene! Since our last announcement-which felt like ages ago-we’ve witnessed explosive hashrate growth reaching ~30% of the network hashrate. Institutional miners are scouring the galaxy for compliant, purpose-built $ZEC infrastructure, and we’re practically bursting with pride to deliver it.

Additionally,…

– Foundry (@FoundryServices) April 13, 2026

Focus on Privacy Infrastructure

According to the official proclamation from the Foundry CEO, Mike Colyer, this expansion indicates that the company is laser-focused on building infrastructure for assets that seamlessly blend privacy features with regulatory considerations-because who doesn’t love a good balance?

He added, “Zcash offers something genuinely important to the digital asset ecosystem: verifiable financial privacy on a transparent blockchain. We’re positively brimming with pride to be the infrastructure partner helping scale this network, while also contributing Zcashinfo.com as a resource for the entire Zcash community-because sharing is caring!”

Meanwhile, Zcash founder Zooko Wilcox, now moonlighting as Chief Product Officer at Shielded Labs, praised Foundry’s institutional-grade pool and explorer as valuable superlatives in the network’s infrastructure, because why not throw in a little hyperbole?

Pool Launch Aims to Fill Institutional Mining Gap

The initial announcement-made on March 11, 2026-revealed that the upcoming Zcash pool marks its first significant mining infrastructure offering for another cryptocurrency network. It’s like a hero’s journey, but instead of dragons, there are blockchains.

As per the firm, the pool aims to fill a gaping hole in the current Zcash mining ecosystem, where infrastructure tailored for institutional miners is as rare as a polite troll under a bridge. It follows the same operational standards used in the firm’s Bitcoin mining pool, complete with reporting systems and support services for miners. Because who doesn’t love a good spreadsheet?

Alongside the pool launch, Foundry also introduced Zcashinfo.com, a block explorer that provides real-time data on the Zcash network. This platform includes pool rankings, hashrate distribution charts, block details, network difficulty trends, and other on-chain metrics, targeting everyone from miners to the wider Zcash community who are desperately searching for blockchain information like it’s the Holy Grail.

Zcash Price Context

As of this very moment, Zcash is trading at $356.43-down 2.43% in the last 24 hours and up a staggering 38.73% in the past week, according to the all-knowing CoinMarketCap. However, it’s still a whopping 94% off its all-time high of $5,941.80 recorded on October 9, 2016, which is a bit like getting excited about a birthday cake only to find out it’s made of cardboard.

The one-month moving average on the Fibonacci scale suggests that if momentum decides to stick around for a while, the token might hit its first and second resistances at $701.23 and $870.94. Conversely, should things go awry, the first support zone resides at $151.81-because every rollercoaster has its dips!

Broader Context

Despite being a smaller asset compared to Bitcoin and Ethereum, Zcash has seen significant price gains since its inception, much like an underdog in a blockbuster film.

The launch is part of broader efforts to professionalize mining operations for alternative proof-of-work coins. Whether the Foundry Zcash pool maintains its momentum will depend on continued participation from both institutional and public miners and the ever-evolving network conditions. It’s like trying to predict the weather in England-good luck with that!

The pool is open for new participants and employs a pay-per-last-N-shares (PPLNS) reward system. As the crypto mining sector pirouettes through an evolving landscape, this move underscores how established players are diversifying beyond Bitcoin amid volatile market conditions, reminding us all that change is the only constant-apart from bad puns.

Read More

2026-04-13 22:12