FoundationLogic Introduces Silent Home Miner at Mining Disrupt 2024
Singapore, Singapore, July 4th, 2024 – Leading the industry in DOGE and Litecoin mining machines, FoundationLogic unveiled its latest product line at the recent Mining Disrupt 2024 conference. The conference, which took place in Miami, Florida from June 24th to 26th, showcased the fabless semiconductor design company’s high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miners.
At the event, FoundationLogic introduced the ElphaPex DG Home 1, a new device designed for silent home mining. Similar to the pro ElphaPex DG 1/DG 1+ models, this new device utilizes the Proof-of-Work (PoW) Scrypt algorithm and offers dual rewards in DOGE and LTC.
The ElphaPex DG Home 1 is engineered specifically for the new era of home mining, promising silent and low-maintenance operations while delivering high performance. This is achieved through advanced water-cooling technology. With a release date set for Q4 2024, the new model boasts impressive specifications, including a hashrate of 2000M, power of 620W, and power efficiency of 0.31JM. Customers will be able to purchase the ElphaPex DG Home 1 directly from the official ElphaPex website upon its launch.
The introduction of the ElphaPex DG Home 1 garnered immediate attention from crypto mining insiders, with influential figures in the industry sharing photos on social media as soon as the model was showcased. The water-cooled miner was described as “silent, powerful, and efficient.”
Ben Weng, VP of Product at FoundationLogic, emphasized the company’s commitment to being everyone’s mining partner, regardless of the scale of operations. He expressed pleasure at the enthusiastic response received at the conference, with many visitors expressing a desire to purchase the product on the spot. Weng assured them that it wouldn’t be long before they could enjoy dual mining of DOGE and Litecoin from the comfort of their homes.
Charles Song, Executive VP at Samsung Foundry, expressed excitement about ElphaPex’s achievements in the DOGE and Litecoin mining chip industry, describing the new product as the beginning of a bright future for the company.
In addition to the launch of the ElphaPex DG Home 1, 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, featuring engaging activities and giveaways.
The company’s keynote presentation was another standout moment at the conference. FoundationLogic representatives emphasized their dedication to advancing Scrypt mining and highlighted its potential for miners, especially in light of the challenges posed by bitcoin’s recent halving. They also outlined the advantages of Scrypt hardware over SHA-256 hardware, including better cash flow, return on investment, and equipment lifespan.
The presentation also celebrated the success of the ElphaPex DG 1+, an ASIC miner that was launched earlier this year at the Blockchain Life 2024 event in Dubai. With a hashrate of 14000M, power of 3920W, and efficiency of 0.28JM, the DG 1+ has set a new standard in the Scrypt mining market.
Considering recent price trends and the availability of reliable Scrypt mining hardware from FoundationLogic, mining operations may benefit from leveraging the meme advantage of DOGE alongside LTC’s strong track record.
About FoundationLogic:
FoundationLogic is a Singapore-based fabless semiconductor design company dedicated to revolutionizing the cryptocurrency mining industry. The company focuses on innovation and reliability, utilizing in-house designed state-of-the-art ASIC chips and subjecting its products to rigorous field testing. Through its flagship ElphaPex series, FoundationLogic empowers mining enthusiasts and professionals with cutting-edge and accessible machines, setting new standards for efficiency and performance in the field. For more information, please visit elphapex.com.