Key Highlights
- Foundry Digital’s Zcash mining pool has quickly gained traction, capturing nearly 30% of the network hash rate.
- The move reflects growing institutional interest in Zcash, with infrastructure catering to their requirements.
- Foundry also launched a blockchain explorer to provide live network data.
Digital asset infrastructure firm Foundry Digital has officially launched a mining pool for Zcash (ZEC), with several institutional clients already contributing hashrate.
In an X post on Monday, the firm stated that the Zcash Pool has been experiencing quick growth since launch and now accounts for around 30% of the overall network hashrate of Zcash. The fast adoption indicates the increasing demand for specialized mining pools aiming for the privacy-oriented cryptocurrency that has been actively utilized recently.
Focus on privacy infrastructure
According to the official announcement, Foundry CEO Mike Colyer said the expansion indicates the company’s focus on backing infrastructure for assets that combine privacy features with regulatory considerations.
He added, “Zcash offers something genuinely important to the digital asset ecosystem: verifiable financial privacy on a transparent blockchain. We’re proud to be the infrastructure partner helping scale this network, while contributing Zcashinfo.com as a resource for the entire Zcash community.”
Meanwhile, Zcash founder Zooko Wilcox, now Chief Product Officer at Shielded Labs, said Foundry’s institutional-grade pool and explorer are valuable additions to the network’s infrastructure.
Pool launch aims to fill institutional mining gap
The initial announcement was made on March 11, 2026, which mentioned that the upcoming Zcash pool marks its first major mining infrastructure offering for another cryptocurrency network.
As per the firm, the pool is aimed at filling a gap in the current Zcash mining ecosystem, where infrastructure tailored for institutional miners remains limited. It follows similar operational standards used in the firm’s Bitcoin mining pool, providing reporting systems and support services for miners.
Along with the pool launch, Foundry also introduced Zcashinfo.com, a block explorer that provides real-time data on the Zcash network. The platform includes pool rankings, hashrate distribution charts, block details, network difficulty trends, and other on-chain metrics. It targets serving miners as well as the wider Zcash community that has blockchain information.
Zcash price context
At the time of this writing, Zcash is trading at $356.43, being 2.43% down in the past 24 hours and 38.73% up in the past week, as per CoinMarketCap. However, the token is still 94% down from the all-time high of $5,941.80 recorded on October 9, 2016.
The one-month moving average on the Fibonacci scale reveals that, if the momentum continues on the positive side, the token will witness its first and second resistances at $701.23 and $870.94. On the contrary side, the first support zone resides at $151.81.
Broader context
Despite being a smaller asset compared to Bitcoin and Ethereum, Zcash has seen significant price gains since its launch.
The launch is a part of wider efforts to professionalize mining operations for alternative proof-of-work coins. Whether the Foundry Zcash pool sustains the momentum will depend on continued participation from institutional and public miners and the network conditions.
The pool is open for new participants and uses a pay-per-last-N-shares (PPLNS) reward system. As the crypto mining sector further evolves, such a move underscores how established players are diversifying beyond Bitcoin amid volatile market conditions.
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