Foundry unveils Zcash block explorer as mining pool reaches 30% of hashrate
Analysis
Price Impact
MedFoundry's significant entry into zcash mining, controlling 30% of the hashrate and launching a dedicated block explorer, indicates growing institutional interest and could improve network stability. while positive, it's unlikely to cause an immediate, dramatic price surge on its own, but rather suggests a gradual build-up of confidence.
Trustworthiness
HighPrice Direction
BullishThe increase in hashrate controlled by a reputable entity like foundry, along with the launch of a new block explorer, signals increased confidence and potential for greater network security and adoption for zcash. this is a positive development that could attract more investors and users, leading to a bullish price movement over time.
Time Effect
LongThe impact of institutional interest and improved mining infrastructure on zcash's price is likely to be a gradual process. while the news itself might cause short-term interest, the sustained growth and adoption driven by these developments will likely take a longer period to fully reflect in the price.
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Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Foundry unveils Zcash block explorer as mining pool reaches 30% of hashrate The mining pool comes alongside the unveiling of Zcashinfo.com, a block explorer with real-time network and mining data. By Francisco Rodrigues | Edited by Shaurya Malwa Apr 13, 2026, 1:00 p.m. Make preferred on (Taylor Vick/Unsplash) What to know : Foundry's new Zcash mining pool has reached about 30% of total network hashrate after being announced back in March. The mining pool comes alongside the unveiling of Zcashinfo.com, a block explorer with real-time network and mining data. The pool signals rising institutional interest in compliant Zcash mining infrastructure, according to the firm. Foundry Digital, the largest Bitcoin BTC $ 71,102.44 mining pool by hashrate, launched a Zcash (ZEC) mining pool that quickly grew to control about 30% of the network’s hashrate, according to company data and its newly released block explorer. The New York-based firm said multiple institutional miners joined the pool ahead of its public debut, following an initial announcement in March. Alongside the pool, Foundry introduced Zcashinfo.com, a block explorer that tracks network activity. The site shows pool rankings, hashrate distribution, block data and mining difficulty in real time. Zcash, launched in 2016 , lets users send transactions on a public blockchain while keeping key details private through zero-knowledge proof technology. The network can verify that a transaction is valid without revealing the sender, receiver or amount involved using a cryptographic method known as zk-SNARKs. The network, like Bitcoin, relies on proof-of-work mining, where specialized machines compete to solve cryptographic puzzles in exchange for rewards paid in newly issued ZEC tokens and transaction fees. Blocks on Zcash are produced roughly every 75 seconds, far faster than Bitcoin’s 10-minute cycle, though both networks cap supply at 21 million coins. Zcash uses the Equihash algorithm, which is designed to require large amounts of memory, unlike Bitcoin’s SHA-256 system. Because the odds of solving a block alone are low, miners often group into pools to combine computing power and share rewards. That structure has made large pools central to network performance, as they can control sizable portions of total hashrate. Foundry’s pool distributes rewards through transparent addresses and uses a pay-per-last-N-shares (PPLNS) model, which tracks miner contributions over time to calculate payouts. The pool is open to new institutional participants, with onboarding focused on regulated entities. Mining More For You Commodity traders are getting debanked due to Iran war, pushing them to rely on stablecoins By Will Canny | Edited by Jamie Crawley Apr 12, 2026 As banks retreat from trade finance amid Iran-linked risk fears, non-bank lenders and traders are increasingly turning to stablecoins for settlement, according to Haycen’s Luke Sully. What to know : Some commodity traders in Europe are being “debanked” over concerns about counterparty risk tied to Iran-related flows, according to Haycen CEO Luke Sully. Stablecoins, especially USDT, are filling the gap as a workaround for cross-border payments. Haycen aims to become a liquidity and settlement layer for the $2 trillion non-bank... Read full story Latest Crypto News WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim 31 minutes ago Strategy buys 13,927 bitcoin for $1 billion, entirely through STRC 52 minutes ago AI agents are set to power crypto payments, but a hidden flaw could expose wallets 1 hour ago Bitcoin anchors near $70,000 as RAVE's 3,400% surge signals speculative froth 1 hour ago Crypto markets stall as oil surges past $100 on Strait of Hormuz blockade 2 hours ago Bank of Korea calls for stock-style circuit breakers on BTC exchanges 2 hours ago Top Stories WLFI threatens legal action against Justin Sun after he accuses Trump-linked project of deceptive DeFi deals 7 hours ago Alameda moves $16 million in Solana's SOL token for possible creditor distribution 6 hours ago Attacker mints $1 billion Polkadot tokens on Ethereum, ends up stealing just $250,000 5 hours ago The one metric investors are overlooking in Michael Saylor’s Strategy 2 hours ago StarkWare cuts jobs in reorganization as Starknet revenue plunges 99% from peak 3 hours ago Super PAC tied to Tether makes first ad buy from firm founded by Tether's U.S. CEO Apr 12, 2026