Foundry, a crypto mining firm best known for operating one of the largest Bitcoin mining pool, says it already controls roughly 30% of the Zcash network.
Foundry Digital, best known for operating one of the largest Bitcoin mining pools through Foundry USA Pool, has launched a mining pool specifically for Zcash.
In a Monday press release, April 13, the company said the pool has already reached roughly 30% of the Zcash network’s hashrate. That puts Foundry as the second-largest Zcash mining pool, behind ViaBTC, which controls roughly 37.3% of the network’s hashrate.
Here’s how to calculate ZEC▼$505.22 mining profitability. Commenting on the launch, Zooko Wilcox, founder of Zcash, said:
“I’m happy that Foundry is bringing their institutional credibility and long-term commitment to Zcash. Their mining pool and their Zcashinfo.com explorer are valuable additions to Zcash’s infrastructure.”
Bitcoin Mining Foundry Rolls Out Explorer for Zcash
Additionally, Foundry also launched Zcashinfo.com, a new block explorer that shows pool rankings, hashrate distribution, block data and difficulty trends.
According to its dashboard, the Zcash network currently running at about 15.5 GSol/s. Blocks are produced roughly every 2 minutes, with difficulty at around 142 million, meaning it takes a large amount of computing power to mine new coins.
Foundry is pitching the new pool as U.S.-based, compliance-first and built with auditable payouts and real-time reporting, which makes Zcash mining look a lot more usable for regulated players than the usual crypto Wild West setup.
Read also: Zcash Price Prediction 2026: How High Can ZEC Go?
