Singapore, Singapore, July 4th, Chainwire – DOGE and Litecoin mining machines, the leading brand in the industry, recently unveiled a new line of products at the Mining Disrupt 2024 conference. FoundationLogic, the fabless semiconductor design company responsible for the high-performance ElphaPex Dogecoin (DOGE) and Litecoin (LTC) miners, took center stage at the event held in Miami, Florida from June 24th to June 26th.
At the conference, FoundationLogic introduced its new product line for silent home miners. The new device, called ElphaPex DG Home 1, is powered by the Proof-of-Work (PoW) Scrypt algorithm, offering dual rewards in DOGE and LTC, just like the pro ElphaPex DG 1/DG 1+ models.
Designed to meet the needs of the modern era of home mining, the ElphaPex DG Home 1 promises silent and low-maintenance mining of DOGE and LTC, while still delivering high performance. This is made possible through water-cooling technology.
The new model is set to be released in the fourth quarter of 2024 and boasts a hashrate of 2000M, power consumption of 620W, and power efficiency of 0.31JM. Once launched, the ElphaPex DG Home 1 will be available for immediate purchase through the official ElphaPex website.
Crypto mining insiders were quick to react to the ElphaPex DG Home 1, with industry influencers sharing photos of the water-cooled miner on social media as soon as it was showcased. They described it as “silent, powerful, and efficient.”
Ben Weng, the VP of Product at FoundationLogic, expressed his excitement about the enthusiastic response to the product, stating that it embodies their commitment to being everyone’s mining partner, regardless of the scale of operations. He also mentioned that visitors at the conference expressed interest in purchasing the product on the spot, but they would have to wait a little longer to start dual mining DOGE and LTC from the comfort of their homes.
Charles Song, the Executive VP at Samsung Foundry, praised ElphaPex’s achievement in the DOGE and Litecoin mining chip industry and expressed his belief in a bright future for the brand.
In addition to launching the new product, FoundationLogic made a strong impression at the Mining Disrupt 2024 conference. As the main sponsor, they hosted the official opening party and operated one of the busiest booths at the event, featuring engaging activities and giveaways.
The company’s keynote presentation also garnered attention, with representatives emphasizing their commitment to advancing Scrypt mining and highlighting its potential for miners. They pointed out the advantages of Scrypt hardware over SHA-256 hardware, including better cash flow, ROI, and equipment lifecycle.
The success of the ElphaPex DG 1+ ASIC miner, launched earlier this year at Blockchain Life 2024 in Dubai, was also highlighted during the presentation. This flagship model has set a new standard in the market with its impressive hashrate, power consumption, and efficiency.
With recent price trends and the availability of reliable Scrypt mining hardware from FoundationLogic, mining operations can potentially leverage the meme advantage of DOGE and the solid track record of LTC as a strategy for this year.
About FoundationLogic:
FoundationLogic is a Singapore-based fabless semiconductor design company that is revolutionizing the cryptocurrency mining industry. They focus on innovation and reliability, utilizing state-of-the-art ASIC chips designed in-house and subjecting their products to rigorous field testing. Through their ElphaPex series, FoundationLogic provides cutting-edge and accessible machines, setting new standards for efficiency and performance in the mining field.
For more information, please visit elphapex.com.
Contact:
Ben Weng
VP of Product
[email protected]
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