Foundry Launches Zcash Mining Pool as Network Hashrate Hits 30%

Foundry Digital has launched a new Zcash mining pool that quickly captured about 30% of total network hashrate, according to company data and its new block explorer. The pool was first announced in March, with multiple institutional miners joining before its public release.

Zcashinfo.com Brings Real-Time Network Transparency

Alongside the mining pool, Foundry introduced Zcashinfo.com, a block explorer that tracks real-time mining data including hashrate distribution, pool rankings, block production, and difficulty levels. The platform is designed to improve transparency for institutional participants monitoring network performance.

Zcash, launched in 2016, uses zero-knowledge proofs known as zk-SNARKs to validate transactions without revealing sender, receiver, or amount. Like Bitcoin, it operates on proof-of-work mining with a fixed 21 million supply, but features faster ~75-second block times and the memory-heavy Equihash algorithm.

Institutional Mining and PPLNS Rewards Model

Foundry said its pool is open to regulated institutional miners and uses a pay-per-last-N-shares (PPLNS) reward system to calculate payouts based on miner contribution over time. The rapid growth to 30% hashrate highlights rising institutional interest in structured, compliant mining infrastructure and the increasing influence of large pools in network security.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.