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Foundry Launches Zcash Mining Pool, Seizes About One-Third of Network Power

The U.S. operator is courting regulated miners with KYC-ready tools to see if compliance can coexist with Zcash’s privacy design.

Overview

  • Foundry Digital, which launched the Zcash pool Monday, also rolled out Zcashinfo.com for real-time network and mining data.
  • Company and explorer data show the pool reached roughly 29%–31% of Zcash hashrate within weeks, raising concern about concentration as Foundry already runs the largest Bitcoin pool at about 31%.
  • The operation targets public and other regulated miners with KYC/AML checks, auditable payouts, detailed reporting, and round-the-clock support.
  • Zcash lets users keep the sender, receiver, and amount private using zk-SNARKs, and its design allows selective disclosure so auditors can verify transactions when required.
  • ZEC has climbed about 73%–75% over the past month after March’s announcement, signaling investor interest in a regulated on-ramp to a privacy-focused coin.