Singapore, Singapore, 4 July 2024, Chainwire
Business-leading mining machine model DOGE and Litecoin introduced a brand new product line on the latest Mining Disrupt 2024 convention.
FoundationLogic, the fabless semiconductor firm behind the high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miners, took heart stage at Mining Disrupt 2024 in Miami, Florida, June 24-26.
On the occasion, FoundationLogic launched its new line of merchandise for silent residence miners.
Just like the ElphaPex DG 1/DG 1+ skilled fashions, the brand new machine, dubbed ElphaPex DG House 1, is powered by Scrypt’s Proof-of-Work (PoW) algorithm, providing twin DOGE and LTC rewards.
Designed for a brand new period of residence mining, the ElphaPex DG House 1 guarantees silent, low-maintenance, but high-performance DOGE + LTC mining powered by water-cooling know-how.
The brand new mannequin, launched within the 4th quarter of 2024, has a hashrate of 2000M, an influence of 620W and an vitality effectivity of 0.31JM. As soon as launched, the ElphaPex DG House 1 will likely be instantly obtainable for buy on the official ElphaPex web site.
The ElphaPex DG House 1 sparked an instantaneous response from cryptomining insiders, with a few of the trade’s prime influencers sharing pictures on social media as quickly because the mannequin was unveiled. Particularly, they described the brand new water-cooled Miner as “quiet, highly effective and environment friendly.”
“This new silent residence miner embodies our dedication at ElphaPex to be a miner accomplice for everybody, whatever the scale of operations,” mentioned Ben Weng, VP of Merchandise at FoundationLogic. “We had been happy with the enthusiastic response we noticed on the convention, as many attendees needed to get it on website. Fortuitously, quickly everybody will have the ability to begin double mining DOGE and Litecoin from the consolation of their houses.”
“ElphaPex merchandise have reached an necessary milestone within the DOGE and Litecoin mining chip trade, and we’re excited to launch this new product into mass manufacturing,” mentioned Charles Tune, Government Vice President of Samsung Foundry. “I consider that is only the start of a really shiny future for ElphaPex.”
Along with launching its latest product, FoundationLogic made a powerful impression on the occasion, attracting the eye of trade insiders and influencers.
Because the title sponsor of Mining Disrupt 2024, mining firm Scrypt hosted the official launch social gathering and ran one of many occasion’s busiest cubicles with thrilling actions and giveaways.
One other standout on the convention was FoundationLogic’s keynote presentation.
In the course of the keynote, firm representatives emphasised their dedication to selling Scrypt mining, highlighting its rising potential for miners. That is particularly necessary in mild of Bitcoin’s latest doubling, which has challenged the complete trade because of declining rewards. Additionally they famous a number of key benefits of Scrypt {hardware} over SHA-256 {hardware}, together with higher money move, ROI, and {hardware} lifecycle.
One other spotlight of the presentation was the success of the ElphaPex DG 1+, an ASIC miner launched earlier this yr 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, an influence of 3920W and an effectivity of 0.28JM.
Given latest value tendencies and the rising availability of dependable Scrypt mining {hardware} supplied by FoundationLogic, leveraging the benefit of DOGE’s memes together with LTC’s stable monitor file might be the technique for mining operations this yr.
About FoundationLogic
FoundationLogic is a Singapore-based fabless semiconductor firm that’s revolutionizing the cryptocurrency mining trade. With a concentrate on innovation and reliability, FoundationLogic makes use of state-of-the-art ASICs developed in-house and topics its merchandise to rigorous area testing. By its flagship ElphaPex collection, FoundationLogic gives mining lovers and professionals with superior reasonably priced machines, setting new requirements for effectivity and efficiency within the trade. For extra data, customers can go to elphapex.com
X: https://x.com/ElphaPex
LinkedIn: https://www.linkedin.com/firm/100958166
Contact
Vice President of Merchandise
Ben Weng
[email protected]
