Foundry, the operator of the largest Bitcoin mining pool in the world, has announced plans for a Zcash mining pool geared at institutions.
Foundry Aims To Launch Zcash Mining Pool In April 2026With its latest move, Foundry is now bringing in an institutional-grade mining pool to ZEC. “Zcash has matured into an institutional-grade asset, but the mining infrastructure supporting it hasn’t kept pace,” said Mike Coyler, Foundry CEO.
Zcash is a privacy-focused token that was first launched in 2016. While cryptocurrencies like Bitcoin and Ethereum are “anonymous” in that they involve no identity verification, their addresses and transactions are still available on a public ledger to be viewed by anyone. Privacy coins like ZEC involve truly anonymous blockchains, hiding such information by default. The press release noted:
By combining strong, cutting-edge privacy technology with transparent blockchain verification, Zcash demonstrates how financial privacy and compliant digital infrastructure can coexist.
Foundry’s ZEC mining pool will have US-based operations just like its Foundry USA pool and is expected to launch in April 2026. “We at Shielded Labs are delighted that Foundry—the largest Bitcoin mining pool, and one based in North America—is launching an enterprise-grade Zcash mining pool,” said Zooko Wilcox, the cryptocurrency’s founder and Shielded Labs chief product officer. Shielded Labs is an independent support organization for ZEC based in Switzerland.
At the time of writing, Zcash is trading around $209, down more than 11% over the past week.
