Foundry plans institutional-focused Zcash mining pool launch in April
Foundry Digital will launch a Zcash mining pool in April, targeting institutional miners with compliance features.Summary
Digital Currency Group's Foundry Digital plans to launch a mining pool for Zcash in April, expanding beyond its bitcoin mining dominance. The new pool will focus on institutional miners and public companies, offering features like compliance tools and U.S.-based operations. Foundry CEO Mike Colyer stated that Zcash has matured as an institutional asset, but its mining infrastructure hasn't kept pace. Zcash founder Zooko Wilcox believes Foundry's entry could reduce mining concentration and attract new miners. This move aligns with growing interest in privacy-focused cryptocurrencies, with DCG founder Barry Silbert suggesting a potential shift of value from Bitcoin to privacy coins like Zcash. Despite recent volatility and internal challenges within the Zcash ecosystem, Foundry anticipates the pool's operation to begin in April 2026.
(Source：The Block)