Foundry Unveils Zcash Explorer Pool
Foundry Digital has launched a Zcash mining pool, concentrating nearly 30% of the network's total hashrate. The Foundry Zcash explorer pool operates under the PPLNS model, open to regulated entities.
Introduction to Foundry's Zcash Mining Pool
Foundry Digital, a subsidiary of Digital Currency Group, has formally launched a new mining operation focused on Zcash (ZEC), a privacy cryptocurrency based on zero-knowledge proofs. The pool's 30% hashrate concentration is a significant milestone, achieved just weeks after the initial announcement in March.
Zcash Explorer and Mining Pool Features
The Zcashinfo.com block explorer provides real-time data on pool rankings, hashrate distribution, blocks produced, and mining difficulty. The pool distributes rewards through transparent addresses and applies the pay-per-last-N-shares (PPLNS) model, which calculates payments based on each participant's historical contributions.
Zcash's Institutional Appeal
Zcash supports selective transaction disclosure, making it compatible with regulatory requirements of banks and financial institutions. Its architecture uses zk-SNARKs to verify transactions without revealing the sender, recipient, or amounts.
Key Benefits of Foundry's Zcash Mining Pool
- Regulated entities only: Access to the pool is restricted to regulated entities, ensuring compliance with regulatory requirements.
- Transparent rewards: The pool distributes rewards through transparent addresses, providing clarity on payments.
- Real-time data: The Zcashinfo.com block explorer provides real-time data on pool rankings, hashrate distribution, and mining difficulty.
Key Takeaways
- Foundry Digital has launched a Zcash mining pool with a 30% hashrate concentration.
- The pool operates under the PPLNS model and is open to regulated entities.
- Zcash's selective transaction disclosure makes it compatible with regulatory requirements.
- The Zcashinfo.com block explorer provides real-time data on pool rankings and mining difficulty.
Frequently Asked Questions
What is the Zcash mining pool's hashrate concentration?
The Zcash mining pool has a hashrate concentration of nearly 30%.
What is the Zcashinfo.com block explorer?
The Zcashinfo.com block explorer provides real-time data on pool rankings, hashrate distribution, blocks produced, and mining difficulty.
