Foundry Launches Zcash Mining Pool

The launch of the Foundry Zcash Pool marks a notable development in the cryptocurrency mining landscape, particularly for Zcash, a privacy-focused digital currency. S1S2

• Foundry's Zcash mining pool has achieved approximately 30% of the network's hashrate shortly after launch. S2
• The launch has reduced ViaBTC's dominance in Zcash mining from around 65% to 37%. S1
• Foundry Digital is recognized as the largest Bitcoin mining pool by hashrate. S2
• The mining pool attracted multiple institutional miners prior to its public launch. S2
• Alongside the mining pool, Foundry introduced a block explorer for Zcash, named Zcashinfo.com. S2
• The block explorer provides insights into network activity for Zcash. S2
• Foundry's entry into Zcash mining reflects a growing interest in privacy-focused cryptocurrencies. S1
• The launch is part of a broader trend of institutional investment in cryptocurrency mining. S2

• The reduction of ViaBTC's dominance may lead to increased competition in Zcash mining. S1
• Foundry's success could encourage further institutional involvement in the cryptocurrency space. S2

• Monitor how the hashrate distribution evolves among Zcash mining pools in the coming weeks. S1
• Watch for potential responses from ViaBTC and other mining pools to regain market share. S1