Singapore, Singapore, 4 July 2024, Chainwire
Main mining equipment model DOGE introduced a brand new product line on the current Mining Disrupt 2024 convention.
FoundationLogic, the imperfect semiconductor design firm behind the high-performance ElphaPex (DOGE) + Litecoin (LTC) miners, took heart stage at Mining Disrupt 2024 in Miami, Florida, June 24-26.
FoundationLogic unveiled its new product line for silent residence miners on the occasion.
Just like the ElphaPex DG 1/DG 1+ skilled fashions, the brand new gadget referred to as ElphaPex DG House 1 is powered by Proof-of-Work (PoW) Scrypt algorithm, which affords two rewards DOGE and LTC.
Designed for a brand new period of residence 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 power effectivity of 0.31 JM. After launch, the ElphaPex DG House 1 will likely be out there for quick buy by way of the official ElphaPex web site.
The ElphaPex DG House 1 drew a right away response from cryptocurrency mining insiders, with a few of the {industry}'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 mining accomplice for everybody, whatever the scale of operations,” mentioned Ben Weng, Vice President of Merchandise at FoundationLogic. “We had been delighted with the enthusiastic response we obtained on the convention, as many guests needed to get one on the spot. Thankfully, it received't be lengthy earlier than everybody will be capable of begin twin mining DOGE and Litecoin from the consolation of their very own residence”.
“ElphaPex merchandise have reached a outstanding milestone within the DOGE & Litecoin mining chip {industry}, and we’re excited to deliver this new product into sequence manufacturing,” mentioned Charles Track, government vice chairman of Samsung (KS:) Foundry. “I consider that is just the start of a really brilliant future for ElphaPex.”
Along with launching its newest product, FoundationLogic made a powerful impression on the occasion, attracting the eye of {industry} specialists and influencers.
As a significant 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 significantly important in mild of the current Bitcoin halving, which poses industry-wide challenges as a consequence of diminished rewards. In addition they identified a number of key benefits of Scrypt {hardware} over SHA-256 {hardware}, together with higher money circulate, ROI, and gadget 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 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.
With current value traits and the rising availability of dependable Scrypt mining {hardware} offered by FoundationLogic, benefiting from the DOGE meme together with LTC's stable outcomes could provide a technique for mining operations this yr.
About FoundationLogic
FoundationLogic is a Singapore primarily based semiconductor design firm devoted to revolutionizing the cryptocurrency mining {industry}. With a give attention to 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 line, FoundationLogic gives mining fanatics and professionals with superior, inexpensive machines that set new requirements for effectivity and efficiency within the subject. For extra data, customers can go to elphapex.com
X: https://x.com/ElphaPex
LinkedIn: https://www.linkedin.com/firm/100958166
ContactVP of the productBen Wengben@foundationlogic.com
This text was initially revealed on Chainwire
