Mining giant Foundry to introduce institutional zcash mining pool

Foundry Digital, a major Bitcoin mining pool operator, announced plans to introduce a zcash (ZEC) mining pool by next month, marking an expansion beyond BTC and bringing institutional infrastructure to the privacy-focused network. This new pool is specifically designed for institutional and public company miners, focusing heavily on compliance checks, regulated infrastructure, and reporting standards that are often required by large firms. Foundry CEO Mike Colyer stated that while Zcash has matured, its mining infrastructure lagged in providing institutional-grade, compliant support. The move coincides with renewed market interest in privacy coins like Zcash, which has seen significant price outperformance recently. Foundry plans to apply the operational framework of its audited Bitcoin pool, including KYC/AML compliance and transparent payout calculations using a PPLNS model, though mining rewards will be distributed via transparent ZEC addresses. Colyer clarified that the expansion is driven by identified gaps in compliant Zcash infrastructure rather than being a direct response to tightening Bitcoin mining margins.

(Source：CoinDesk)