Zcash activated Ironwood on July 28, sealing the Orchard shielded pool and opening a replacement pool under the NU6.3 rules. ZEC traded near $474 at publication, below the $500 area that held for much of July, and was 12.4% lower over seven days.
Zcash (ZEC) is showing signs of stabilizing after a two-week pullback, with technical indicators suggesting the privacy-focused cryptocurrency could still rally toward the $500 level if buyers continue defending critical support zones. At the time of writing, ZEC is trading around $476, rebounding after briefly slipping below its 50-day moving average before quickly reclaiming the level.
Gemini's support for shielded Zcash withdrawals to Ironwood may bolster confidence in privacy-focused crypto, despite past vulnerabilities. Gemini enables shielded Zcash withdrawals to Ironwood pool.
Fortitude agreed to buy 9,000 Antminer Z15 Pro machines for $31.5 million, with shipments scheduled for October and November across seven U.S. mining sites. The order should add 7.56 GSol/s and raise disclosed Zcash mining capacity by 145%, potentially giving Fortitude more than half of current network hashrate.
Fortitude's aggressive expansion in Zcash mining could significantly influence market dynamics and investor strategies in the crypto sector. Fortitude Mining secures 9,000 Antminer Z15 Pro units in $31.5M Zcash mining bet.
DCG's Fortitude Mining has entered into purchase agreements worth about $45 million for mining hardware and Nebraska infrastructure as it accelerates vertical integration in Zcash mining. This article first appeared in The Energy Mag. The original article can be viewed here.
Privacy-focused Zcash has activated its Ironwood network upgrade, introducing a new shielded pool in response to a soundness flaw previously identified in the Orchard protocol. The upgrade, formally designated NU6.3, went live on July 28, 2026, at block height 3,428,143.
About 176,000 ZEC worth roughly $81 million entered Ironwood during its first day alone, representing approximately 5% of Orchard's activation balance. Orchard can no longer receive deposits at all, while its turnstile limits total withdrawals to the amount of ZEC that was verifiably deposited.
Zcash's swift infrastructure overhaul highlights the critical need for robust cryptographic audits to maintain trust in privacy protocols. Zcash's new Ironwood pool receives $80M in first day as network seals old shielded pool over counterfeiting bug.
The Ironwood upgrade enhances Zcash's security and privacy, but requires user action, impacting network trust and future adoption dynamics. Zcash's new Ironwood pool receives $80M in first day as network seals old shielded pool.
Roughly 5% of the funds in the retired Orchard pool have gone through the turnstile. The rest sit in a pool that can no longer take deposits.
Zcash has completed its Ironwood network upgrade, replacing its vulnerable Orchard shielded pool with a formally verified alternative designed to prevent undetectable counterfeiting while beginning the migration of shielded funds into the new pool.