Singapore, Singapore – July 4th, 2024 – Chainwire
FoundationLogic, the leading brand in DOGE and Litecoin mining machines, made a significant announcement at the recent Mining Disrupt 2024 conference. The fabless semiconductor design company showcased its latest product line for silent home miners.
At the Mining Disrupt 2024 event in Miami, Florida, held from June 24th to 26th, FoundationLogic unveiled the ElphaPex DG Home 1, a new device powered by the Proof-of-Work Scrypt algorithm. This innovative product offers dual rewards in DOGE and LTC and is designed specifically for home mining.
The ElphaPex DG Home 1 is equipped with water-cooling technology, ensuring silent and low-maintenance mining operations. With a hashrate of 2000M, power of 620W, and power efficiency of 0.31JM, this model promises high-performance mining. It is set to be released in Q4 of 2024 and will be available for purchase through the official ElphaPex website.
The introduction of the ElphaPex DG Home 1 received an enthusiastic response from crypto mining insiders, with industry influencers sharing photos on social media and praising the water-cooled miner for its silence, power, and efficiency.
Ben Weng, VP of Product at FoundationLogic, expressed his delight at the positive reception, stating, “This new silent home miner reflects our commitment at ElphaPex to be everyone’s mining partner, regardless of the scale of operations. We were thrilled by the enthusiastic response at the conference, with many visitors eager to purchase one on the spot. Fortunately, it won’t be long before everyone can start dual mining DOGE and Litecoin from the comfort of their homes.”
Charles Song, Executive VP at Samsung Foundry, also expressed his excitement about the new product, stating, “ElphaPex products have achieved a remarkable milestone in the DOGE and Litecoin mining chip industry, and we’re thrilled to launch this new product into mass production. I believe this is just the beginning of a very bright future for ElphaPex.”
In addition to showcasing their latest product, FoundationLogic made a strong impression at the Mining Disrupt 2024 conference. As the main sponsor of the event, the company hosted the official opening party and operated one of the busiest booths, offering engaging activities and giveaways.
Another highlight of the conference was FoundationLogic’s keynote presentation, where they emphasized their commitment to advancing Scrypt mining and highlighted the advantages of Scrypt hardware over SHA-256 hardware. They also showcased the success of their flagship model, the ElphaPex DG 1+, which has set a new standard in the market with its high hashrate, power, and efficiency.
Considering the recent price trends and the availability of reliable Scrypt mining hardware from FoundationLogic, leveraging the meme advantage of DOGE and the solid track record of LTC may be a viable strategy for mining operations this year.
About FoundationLogic:
FoundationLogic is a Singapore-based fabless semiconductor design company that aims to revolutionize the cryptocurrency mining industry. Through its cutting-edge ASIC chips and rigorous field testing, FoundationLogic provides innovative and reliable mining machines under the ElphaPex series. These machines set new standards for efficiency and performance in the field, empowering mining enthusiasts and professionals alike. For more information, please visit elphapex.com.
Links:
X: https://x.com/ElphaPex
LinkedIn: https://www.linkedin.com/company/100958166
Contact:
Ben Weng
VP of Product
[email protected]
