[Foundry Launches Zcash Mining Pool] According to Jinse Finance, U.S. mining company Foundry (a subsidiary of Digital Currency Group) has officially launched a new mining pool business based on Zcash. The company currently holds approximately 31% of the hash rate share in the Bitcoin mining pool market. This move is seen as a significant endorsement of privacy coins. It is reported that this initiative stems from rising interest in privacy coins among institutional investors. It is expected that institutional miners, including several publicly listed mining companies, will allocate part of their hash rate to the Zcash network.