Faster global financial news!
Foundry Officially Launches Zcash Mining Pool
Svmuu News: Foundry, a mining giant under Digital Currency Group (DCG) that accounts for approximately 31% of Bitcoin's hashrate, has officially launched a dedicated mining pool for Zcash (ZEC). The new pool targets institutional and listed miners, offering compliant and auditable mining services. This move is seen as a significant institutional endorsement for privacy coins, stemming from a surge in institutional interest in privacy assets. Foundry plans to apply the mature technical framework of its Bitcoin mining pool to the ZEC network. It is expected that several listed mining companies will allocate part of their hashrate to Zcash, which is anticipated to significantly enhance the network's hashrate and security. (Fortune)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Meta rose 3.01% from its previous close, now trading at $630.935.
-
2
ZachXBT: Axis Robotics insiders dumped approximately 42 million AXIS tokens, causing a 40% crash; project team attributes it to OTC counterparty default.
-
3
New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
-
4
Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
-
5
Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
-
6
Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
-
7
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
8
DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
-
9
ECB's Cipollone: Europe to move to T+1 securities settlement on 11 October 2027; Eurosystem expands tokenised finance infrastructure
-
10
onXRP Team to Launch New Trading Method on XRP Ledger Next Week
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
