Release: 2024/07/05 03:39 Reading: 721
FoundationLogic, a renowned fabless semiconductor design company specializing in high-performance mining machines for Dogecoin (DOGE) and Litecoin (LTC), recently debuted a new product line at the Mining Disrupt 2024 conference held in Miami, Florida.
Introducing the ElphaPex DG Home 1 - a whisper-quiet, water-cooled home miner meticulously engineered for efficient mining of both DOGE and LTC. Utilizing the Proof-of-Work (PoW) Scrypt algorithm, it boasts an impressive hashrate of 2000M, power consumption of 620W, and power efficiency of 0.31J/M. Scheduled for release in Q4 2024, this innovative miner will be available for instant purchase via ElphaPex's official website.
FoundationLogic's unwavering commitment to democratizing mining was eloquently expressed by Ben Weng, VP of Product, who emphasized the company's mission of making mining accessible to all, regardless of scale. The new miner has garnered widespread industry acclaim, with experts praising its exceptional "silent, powerful, and efficient" design.
Charles Song, Executive VP at Samsung Foundry, shared his enthusiasm for the product's potential to revolutionize DOGE and Litecoin mining, commending its innovative design and impressive performance. As the proud main sponsor of Mining Disrupt 2024, FoundationLogic hosted the official opening party and enthralled attendees with engaging activities and giveaways at its popular booth.
The company's keynote presentation underscored its unwavering dedication to advancing Scrypt mining, particularly in light of Bitcoin's recent halving, which has led to reduced rewards across the industry.
The ElphaPex DG 1+, which made its debut earlier this year at Blockchain Life 2024 in Dubai, continues to dominate the Scrypt mining sector with its exceptional hashrate of 14000M, power consumption of 3920W, and unmatched efficiency of 0.28JM. The resounding success of this model sets the bar high for the eagerly anticipated ElphaPex DG Home 1.
FoundationLogic's advancements in Scrypt mining hardware are strategically positioned to leverage DOGE's viral appeal alongside Litecoin's established track record, providing a significant competitive edge to mining operations.
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