Singapore, Singapore, July 4th, 2024, Chainwire
The industry-leading model of DOGE and Litecoin mining machines introduced a brand new product line at the current Mining Disrupt 2024 convention.
FoundationLogic, the fabless semiconductor design firm behind high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miners, took middle stage at Mining Disrupt 2024 in Miami, Florida, held from 24-26 June.
On the occasion, FoundationLogic unveiled its new product line for silent dwelling miners.
Like the professional ElphaPex DG 1/DG 1+ fashions, the brand new gadget, dubbed ElphaPex DG Home 1, is powered by the Proof-of-Work (PoW) Scrypt algorithm, providing twin DOGE and LTC rewards.
Designed for a brand new period of dwelling mining, ElphaPex DG Home 1 guarantees silent, low-maintenance, but performant DOGE + LTC mining ensured by water-cooling expertise.
Set to be launched in This fall, 2024, the brand new mannequin boasts a hashrate of 2000M, energy of 620W and energy effectivity of 0.31JM. Upon launch, ElphaPex DG Home 1 will probably be accessible for instant buy by means of the ElphaPex official web site.
ElphaPex DG Home 1 drew an instantaneous response from crypto mining insiders, with a few of the {industry}’s main influencers sharing images on social media as quickly because the mannequin was showcased. Particularly, they described the brand new water-cooled miner as “silent, powerful, and efficient”.
“This new silent home miner embodies our commitment at ElphaPex to be everyone’s miner partner, regardless of the scale of operations” mentioned Ben Weng, VP of Product at FoundationLogic. “We were pleased by the enthusiastic response we saw at the conference, as many visitors wanted to get one on the spot. Luckily, it won’t be long before everyone can start dual mining DOGE and Litecoin from the comfort of their homes”.
“ElphaPex products have achieved a remarkable milestone in the DOGE & Litecoin mining chip industry and we’re excited to launch this new product into mass production” mentioned Charles Track, Govt VP at Samsung Foundry. “I believe this is just the beginning of a very bright future for ElphaPex”.
Along with launching its latest product, FoundationLogic made a powerful impression at the occasion, drawing consideration from {industry} insiders and influential figures.
As the primary sponsor of Mining Disrupt 2024, the Scrypt mining {hardware} firm hosted the official opening get together and operated one of many occasion’s busiest cubicles, that includes participating actions and giveaways.
Throughout the keynote, the corporate’s representatives emphasised their dedication to advancing Scrypt mining, highlighting its rising potential for miners. That is significantly vital in gentle of bitcoin’s current halving, which has posed challenges throughout the {industry} because of lowered rewards. Additionally they identified a number of key benefits of Scrypt {hardware} over SHA-256 {hardware}, together with higher money movement, ROI, and tools lifecycle.
One other spotlight of the presentation was the success of the ElphaPex DG 1+, an ASIC miner launched earlier this 12 months at Blockchain Life 2024 in Dubai. As FoundationLogic’s flagship mannequin, it has set a brand new customary out there and continues to dominate the Scrypt mining sector with a hashrate of 14000M, energy of 3920W and effectivity of 0.28JM.
Contemplating current worth traits and the rising availability of dependable Scrypt mining {hardware} offered by FoundationLogic, leveraging DOGE’s meme benefit alongside LTC’s strong observe report might supply a method for mining operations this 12 months.
About FoundationLogic
FoundationLogic is a Singapore-based fabless semiconductor design firm devoted to revolutionizing the cryptocurrency mining {industry}. With a deal with innovation and reliability, FoundationLogic makes use of state-of-the-art ASIC chips designed in-house and topics its merchandise to rigorous discipline testing. By way of its flagship ElphaPex sequence, FoundationLogic empowers mining lovers and professionals with cutting-edge, accessible machines, setting new requirements for effectivity and efficiency within the discipline. For extra data, customers can go to elphapex.com
LinkedIn: https://www.linkedin.com/company/100958166
VP of Product
Ben Weng
ben@foundationlogic.com
