Digital asset infrastructure firm Foundry will launch a Zcash mining pool in April 2026 and seek to expand beyond bitcoin mining infrastructure, Cointelegraph reported on Tuesday.
The mining pool targets institutions and listed mining companies. The pool will be based in the United States and will operate using the same infrastructure as Foundry USA Pool. Foundry plans to introduce reporting tools and a payout system within the mining pool to meet the operational needs of institutional miners.
Zcash is a privacy-focused cryptocurrency that uses zero-knowledge proofs, or zk-SNARKs. Mining pools work by multiple miners joining forces and sharing block rewards. A Foundry spokesperson said, "Financial privacy is the foundation of economic freedom, and privacy and regulatory compliance can coexist."
Foundry, founded in 2019, is a digital asset infrastructure company that operates the world's largest mining pool by share of bitcoin hashrate.
Zcash network mining is currently concentrated in a small number of pools. ViaBTC has a 31.7 percent share, while F2pool holds 15.8 percent.
Chi-gyu Hwang
delight@d-today.co.kr