Singapore, Singapore, July 4th, 2024, Chainwire
The industry-leading model of DOGE and Litecoin mining machines introduced a brand new product line on 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 house miners.
Like the professional ElphaPex DG 1/DG 1+ fashions, the brand new machine, dubbed ElphaPex DG House 1, is powered by the Proof-of-Work (PoW) Scrypt algorithm, providing twin DOGE and LTC rewards.
Designed for a brand new period of house mining, ElphaPex DG House 1 guarantees silent, low-maintenance, but performant DOGE + LTC mining ensured by water-cooling know-how.
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 House 1 will probably be accessible for fast buy by means of the ElphaPex official web site.
ElphaPex DG House 1 drew a direct 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” stated 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” stated Charles Tune, 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 robust impression on 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 partaking actions and giveaways.
One other standout on the convention was FoundationLogic’s keynote presentation.
Throughout the keynote, the corporate’s representatives emphasised their dedication to advancing Scrypt mining, highlighting its rising potential for miners. That is notably important in gentle of bitcoin’s current halving, which has posed challenges throughout the {industry} on account of lowered rewards. In addition they identified a number of key benefits of Scrypt {hardware} over SHA-256 {hardware}, together with higher money circulate, 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 commonplace available in the market and continues to dominate the Scrypt mining sector with a hashrate of 14000M, energy of 3920W and effectivity of 0.28JM.
Contemplating current price developments and the growing availability of dependable Scrypt mining {hardware} offered by FoundationLogic, leveraging DOGE’s meme benefit alongside LTC’s strong monitor document could provide 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 subject testing. By way of its flagship ElphaPex collection, FoundationLogic empowers mining fans and professionals with cutting-edge, accessible machines, setting new requirements for effectivity and efficiency within the subject. For extra info, customers can go to elphapex.com
X: https://x.com/ElphaPex
LinkedIn: https://www.linkedin.com/firm/100958166
Contact
VP of Product
Ben Weng
[email protected]