Foundry Launches Zcash Mining Pool Alongside Industry-Leading Bitcoin Pool
Foundry Digital, operator of the largest Bitcoin mining pool, has launched the Foundry Zcash Pool and quickly captured about 29% of the Zcash network’s hashrate. This expansion addresses a key infrastructure need for Zcash, a privacy-focused cryptocurrency. Along with the mining pool, Foundry has introduced Zcashinfo.com, a block explorer providing transaction and mining statistics for the Zcash network. Zcash, built on zero-knowledge proof technology and launched in 2016, experienced a significant price spike last fall and has recently surged 73% in the past month to $354, outpacing most major coins. Despite this rally, traders on the Myriad prediction market give ZEC only a 23% chance of reaching $420 in April, a significant drop from earlier expectations.
