Singapore, Singapore, 4 July 2024, Chainwire
Main mining machine model DOGE and Litecoin introduced a brand new product line on the latest Mining Disrupt 2024 convention.
FoundationLogic, the fictional semiconductor design firm behind the high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miners, took middle stage at Mining Disrupt 2024 in Miami, Florida, June 24-26 .
FoundationLogic unveiled its new product line for silent house miners on the occasion.
Just like the ElphaPex DG 1/DG 1+ skilled fashions, the brand new system referred to as ElphaPex DG House 1 is powered by Proof-of-Work (PoW) Scrypt algorithm, which provides two rewards DOGE and LTC.
Designed for a brand new period of house mining, the ElphaPex DG House 1 guarantees silent, low-maintenance but highly effective DOGE + LTC mining ensured by water cooling know-how.
Launching in This fall 2024, the brand new mannequin boasts a hashrate of 2000M, an influence of 620W and an vitality effectivity of 0.31 JM. After launch, the ElphaPex DG House 1 can be out there for quick buy through the official ElphaPex web site.
The ElphaPex DG House 1 drew a direct response from cryptocurrency mining insiders, with among the {industry}'s high influencers sharing images 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 house miner embodies our dedication at ElphaPex to be a mining accomplice for everybody, whatever the scale of operations,” stated Ben Weng, Vice President of Merchandise at FoundationLogic. “We had been delighted with the enthusiastic response we acquired on the convention, as many guests needed to get one on the spot. Happily, it received't be lengthy earlier than everybody will have the ability to begin twin mining DOGE and Litecoin from the consolation of their very own house”.
“ElphaPex merchandise have reached a outstanding milestone within the DOGE and Litecoin mining chip {industry}, and we’re excited to deliver this new product into sequence manufacturing,” stated Charles Tune, Govt Vice President of Samsung Foundry. “I consider that is just the start of a really vibrant future for ElphaPex.”
Along with launching its newest product, FoundationLogic made a powerful impression on the occasion, attracting the eye of {industry} consultants and influencers.
As a serious sponsor of Mining Disrupt 2024, mining {hardware} firm Scrypt hosted the official launch social gathering and ran one of many occasion's busiest cubicles, that includes thrilling actions and giveaways.
One other spotlight on the convention was FoundationLogic's keynote presentation.
In the course of the keynote, firm representatives emphasised their dedication to advancing Scrypt mining and highlighted its rising potential for miners. That is notably vital in mild of the latest Bitcoin halving, which poses industry-wide challenges because of diminished rewards. Additionally they identified a number of key benefits of Scrypt {hardware} over SHA-256 {hardware}, together with higher money stream, ROI, and system 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. Because the flagship mannequin, FoundationLogic has set a brand new commonplace 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.
With latest worth tendencies and the growing availability of dependable Scrypt mining {hardware} offered by FoundationLogic, profiting from the DOGE meme together with LTC's strong outcomes might provide a method for mining operations this yr.
About FoundationLogic
FoundationLogic is a Singapore based mostly semiconductor design firm devoted to revolutionizing the cryptocurrency mining {industry}. With a concentrate on innovation and reliability, FoundationLogic makes use of state-of-the-art ASIC chips designed in-house and topics its merchandise to rigorous area testing. By way of its flagship ElphaPex line, FoundationLogic gives mining fans and professionals with superior, inexpensive machines that set new requirements for effectivity and efficiency within the area. For extra info, customers can go to elphapex.com
X: https://x.com/ElphaPex
LinkedIn: https://www.linkedin.com/firm/100958166
Contact
VP of the product
Ben Weng
(electronic mail protected)
