As an analyst with a background in the crypto mining industry, I’m thrilled to see FoundationLogic’s latest announcement at Mining Disrupt 2024. The company’s new ElphaPex DG Home 1 miner is a game-changer for silent home miners, offering both DOGE and LTC rewards through the Scrypt algorithm.
Singapore, Singapore, July 4th, 2024, Chainwire
As a seasoned crypto investor, I’m always on the lookout for the latest advancements in mining technology. And what a thrill it was to learn about the innovative new product lines unveiled by the industry veterans in DOGE and Litecoin mining machines during the recent Mining Disrupt 2024 conference!
At Mining Disrupt 2024 in Miami, Florida, which took place from 24-26 June, FoundationLogic, the semiconductor design company specializing in high-performance ElphaPex miners for Dogecoin (DOGE) and Litecoin (LTC), captivated attendees with its innovative solutions.
At the event, FoundationLogic unveiled its new product line for silent home miners.
As a crypto investor, I’m excited about the latest addition to the ElphaPex family of miners – the ElphaPex DG Home 1. Just like its more advanced counterparts, the DG 1/DG 1+ models, this device operates using the Proof-of-Work (PoW) Scrypt algorithm. What sets it apart is its ability to offer dual rewards in Dogecoin (DOGE) and Litecoin (LTC).
As a crypto investor, I’m always on the lookout for innovative mining solutions that offer efficient and quiet performance. The ElphaPex DG Home 1 is designed specifically for home miners in this new era, promising a silent and low-maintenance DOGE and LTC mining experience. This is all made possible through advanced water-cooling technology that ensures optimal cooling while minimizing noise levels and reducing the need for frequent upkeep.
As a crypto investor, I’m excited to share that in Q4, 2024, ElphaPex is set to release their new mining rig model, the DG Home 1. This impressive device boasts a hashrate of 2000 megahashes per second (MH/s), a power consumption of 620 watts, and an exceptional power efficiency of just 0.31 joules per megahash (JM). Once launched, I’ll be able to purchase this miner directly from the ElphaPex official website for immediate delivery.
As a crypto investor, I’ve been keeping an eye on the latest developments in the mining industry, and when ElphaPex DG Home 1 was unveiled, it immediately piqued my interest. Some of the most influential figures in the space quickly took to social media to share their impressions, describing this new water-cooled miner as a game-changer. They raved about its silent operation, impressive power, and unmatched efficiency.
Ben Weng, VP of Product at FoundationLogic, expressed ElphaPex’s dedication as every miner’s collaborator, irrespective of operation size, by introducing the new silent home miner. The launch drew a favorable reaction during the conference, with numerous attendees expressing eagerness to acquire it immediately. Fortunately, home mining of Dogecoin and Litecoin will soon be accessible to all from their comfortable living spaces.
“Charles Song, Executive Vice President at Samsung Foundry, announced that ElphaPex’s mining chip products have reached a significant accomplishment in the DOGE and Litecoin industries. We’re thrilled to take the next step and mass-produce this latest innovation. I’m confident that this is only the start of an incredibly promising future for ElphaPex.”
At the event where FoundationLogic introduced its latest product, the company left a significant mark, attracting notice from industry experts and notable influencers.
At Mining Disrupt 2024, the Scrypt mining hardware company played a pivotal role as the primary sponsor. They organized the grand opening gala and ran a lively booth, brimming with interactive sessions and enticing prizes.
Another standout at the conference was FoundationLogic’s keynote presentation.
As a researcher, I’ve taken note of the company’s emphasis during their keynote speech on the progress they’re making in Scrypt mining. They underlined its increasing appeal for miners, which is particularly noteworthy considering the recent halving of Bitcoin rewards. This industry-wide shift has brought about challenges due to reduced incentives. The representatives also drew attention to several benefits of Scrypt hardware over SHA-256 hardware. These advantages include improved cash flow, faster return on investment (ROI), and extended equipment lifecycle.
The ElphaPex DG 1+ ASIC miner, launched by FoundationLogic earlier in 2024 at Blockchain Life in Dubai, has become a standout success and raised the bar in the mining industry. As FoundationLogic’s leading product, it boasts an impressive hashrate of 14000MH/s, consumes 3920 watts of power, and offers a remarkable efficiency of just 0.28 Joules per Mega-hash.
As a researcher looking into mining strategies for 2023, I find the rising price trends and the expanding selection of dependable Scrypt mining equipment from FoundationLogic intriguing. By combining Dogecoin’s meme popularity with Litecoin’s proven success story, this approach could potentially yield fruitful results for mining operations in the upcoming year.
About FoundationLogic
FoundationLogic is a Singaporean fabless semiconductor design company committed to transforming the cryptocurrency mining sector. Known for their innovative and dependable solutions, they develop advanced ASIC chips in-house and rigorously test their products under real-world conditions. The ElphaPex series by FoundationLogic puts powerful, state-of-the-art mining machines within reach of both hobbyists and professionals, pushing the boundaries of efficiency and performance in the industry. For further details, please explore elphapex.com.
X:
LinkedIn: https://www.linkedin.com/company/100958166
Contact
VP of Product
Ben Weng
ben@foundationlogic.com
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2024-07-04 14:44