Foundry Digital, a subsidiary of Digital Currency Group, plans to launch an institutional-grade mining pool for Zcash. Slated for April 2026, this move highlights the growing institutional interest in privacy-focused cryptocurrencies.
The mining pool aims to address one of the long-standing issues within the Zcash ecosystem: the concentration of hashpower. Currently, a significant portion of Zcash mining activity is concentrated within a small number of pools.
Institutional Infrastructure Comes to Zcash Mining
As digital assets mature, many institutional miners are seeking compliant and transparent infrastructure. Foundry believes this demand creates an opportunity to improve the current Zcash mining landscape, which has historically lacked institutional-grade services.
The upcoming pool will be based in the United States and built around compliance and transparency. According to the press release, the Zcash mining pool targets institutional miners and public companies. Additionally, it will offer the same compliance, transparency, and operational excellence that made Foundry USA Pool the trusted standard for Bitcoin miners.
“At Foundry, our mission is to empower decentralized infrastructure that strengthens the digital asset ecosystem, and we believe Zcash plays a critical role in advancing financial privacy. With the launch of our Zcash pool, we are bringing to Zcash the same compliance, transparency, and operational excellence that made Foundry USA Pool the trusted standard for Bitcoin miners,” said Mike Colyer, CEO of Foundry.
Zcash founder and Shielded Labs Chief Product Officer Zooko Wilcox said that the upcoming pool will reduce concentration. He added that it could potentially attract new miners. Mining pools play a crucial role in cryptocurrency networks by allowing multiple miners to combine their computing power and share rewards.
Zcash Sees Renewed Attention
The latest move comes amid renewed attention on privacy-focused cryptocurrencies. Zcash has recently declined due to internal changes and broader market volatility. Despite this, the asset continues to attract significant market interest.
Last month, the United States Securities and Exchange Commission (SEC) concluded its investigation into the Zcash Foundation without pursuing any enforcement actions. This outcome provides regulatory clarity for the project and the broader privacy-coin sector.
Meanwhile, Foundry’s entry into Zcash mining represents a broader trend in the digital asset industry. If successful, the new pool could bring more institutional capital, computing power, and stability to the privacy-focused cryptocurrency ecosystem.
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