Svmuu News Bitcoin Mining pool operator Foundry Digital plans to launch a U.S.-based Zcash mining pool next month, providing institutional and publicly traded miners with a mining platform built around compliance reviews, reporting standards, and operational controls. Foundry CEO Mike Colyer stated that while Zcash has evolved into an institutional-grade asset, its mining infrastructure has failed to keep pace. He noted that institutions and publicly traded miners seeking exposure to Zcash previously lacked U.S.-based infrastructure dedicated to compliance.The mining pool will implement KYC and anti-money laundering compliance checks for participants. Mining rewards will be distributed via transparent Zcash addresses rather than hidden addresses, using the PPLNS payment model, with no minimum hashrate requirement. Privacy coins have recently regained market attention, with ZEC surging over 670% in the past 12 months, XMR rising 72% over the same period, and DASH climbing 51%. Bitcoin Following the 2024 halving, mining profitability tightened, with hashrate prices dropping from over $60 per PH to $30, prompting several major mining firms to explore other PoW networks to diversify their revenue streams.Colyer stated that this move is not primarily in response to declining profits from Bitcoin; Foundry’s Bitcoin mining operations remain solid, and the company is currently focusing on the Bitcoin and Zcash blockchains.