Foundry Digital Launches Zcash Pool; Captures 30% Network Hashrate.

The launch of the Foundry Zcash Pool occurs amid a challenging period for miner profitability across the broader cryptocurrency market. Daily miner revenue dropped sharply from $45 million at the beginning of 2026 to between $28 million and $35 million at press time. The overall hashrate has shown volatile spikes, currently standing at 1.2B EH/s. This indicates increased competition despite reduced earnings for miners. Bitcoin's hashprice, which represents miner earnings per unit, has significantly declined since January 2026, even as Bitcoin's price has shown some signs of recovery. This decline has resulted in a 30% drop in miner profitability, falling well below the past year's long-term average of $0.046 per TH/s/day.

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Zcashinfo.com Launch

In parallel with the new mining pool, Foundry also unveiled Zcashinfo.com. This block explorer is designed to serve the Zcash community, providing miners with a centralized resource for real-time pool rankings, hashrate distribution, block data, and network difficulty trends. Zooko Wilcox, Founder of Zcash, commended Foundry for bringing institutional credibility and long-term commitment to the project.

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ZEC Price Action

At the time of reporting, ZEC was trading at $376.11, reflecting a 4.38% increase over the preceding 24 hours. This recent positive movement follows a period where ZEC struggled to break past the $250 resistance level since the final week of February. Current market dynamics suggest increased potential for ZEC to reach the $400 mark.