Foundry Digital will launch a Zcash mining pool next month, targeting publicly traded companies and institutions that lack the infrastructure to mine this privacy-focused cryptocurrency. CEO Mike Colyer stated that Zcash has evolved into an "institutional-grade asset" and is crucial for financial privacy. This US-based mining pool aims to reduce compliance risks and will offer 24/7 support and auditable payment tools. Foundry's expansion is not driven by profitability considerations in Bitcoin mining but by identifying a market gap. Zcash uses a proof-of-work mechanism, with a current trading price of approximately $215, down 4.5% in the past 24 hours, but up over 600% in the past year.

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