Singapore, Singapore, July 4, 2024, Chainwire

The industry-leading model of DOGE and Litecoin mining machines not too long ago unveiled a brand new product line on the Mining Disrupt 2024 convention.

FoundationLogic, a fabless semiconductor design firm growing the high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miner, performed a central position at Mining Disrupt 2024, held in Miami, Florida from June 24-26.

On the occasion, FoundationLogic unveiled a brand new product line for quiet house miners.

Much like the skilled ElphaPex DG 1/DG 1+ fashions, the brand new system, referred to as ElphaPex DG House 1, is powered by the Proof-of-Work (PoW) Scrypt algorithm and provides twin rewards in DOGE and LTC.

ElphaPex DG House 1 is designed for a brand new period of house mining, with water-cooling know-how for quiet, low-maintenance, but high-performance DOGE + LTC mining.

Scheduled to be launched in This autumn 2024, the brand new mannequin boasts a hashrate of 2000M, energy of 620W, and energy effectivity of 0.31JM. As soon as launched, ElphaPex DG House 1 can be accessible for quick buy on the ElphaPex official web site.

The ElphaPex DG House 1 drew an instantaneous response from these within the crypto mining {industry}, with among the {industry}'s main influencers sharing photographs on social media as quickly because the mannequin was unveiled. Particularly, they described the brand new water-cooled mining machine as “quiet, highly effective, and environment friendly.”

“This new Silent House Miner embodies ElphaPex's dedication to be everybody's mining associate, whatever the measurement of their operation,” mentioned Ben Wen, VP of Product at FoundationLogic. “We have been happy with the enthusiastic response at our convention, with many attendees asking to buy on the spot. The excellent news is that it received't be lengthy earlier than everybody can begin twin mining DOGE and Litecoin from the consolation of their very own house.”

“ElphaPex merchandise have achieved spectacular ends in the DOGE and Litecoin mining chip {industry}, and we’re happy to start mass manufacturing of this new product,” mentioned Charles Music, government VP of Samsung Foundry. “We consider that is just the start of a really shiny future for ElphaPex.”

Along with unveiling its newest merchandise, FoundationLogic made a powerful impression on the occasion, garnering consideration from {industry} insiders and movers and shakers.

As a fundamental sponsor of Mining Disrupt 2024, mining {hardware} firm Scrypt hosted the official opening get together and operated one of the bustling cubicles on the occasion, providing thrilling actions and giveaways.

One other spotlight on the convention was the keynote speech from FoundationLogic.

In the course of the keynote, firm representatives emphasised their dedication to advancing Scrypt mining and highlighted its progress potential for miners, which is very necessary in mild of the latest Bitcoin halving, which has introduced challenges throughout the {industry} as a result of lowered rewards. Additionally they identified a number of key benefits of Scrypt {hardware} over SHA-256 {hardware}, together with improved money stream, ROI and tools lifecycle.

One other spotlight of the presentation was the success of ElphaPex DG 1+, an ASIC miner that was launched earlier this yr at Blockchain Life 2024 in Dubai. As FoundationLogic's flagship mannequin, the miner has established new requirements available in the market and continues to dominate the Scrypt mining sector with a hashrate of 14000M, energy of 3920W and effectivity of 0.28JM.

Given latest worth actions and the rising availability of dependable Scrypt mining {hardware} supplied by FoundationLogic, leveraging DOGE’s meme benefits and LTC’s confirmed monitor report could possibly be a technique for mining operations this yr.

About Basis Logic

FoundationLogic is a Singapore-based fabless semiconductor design firm aiming to revolutionize the cryptocurrency mining {industry}. With a concentrate on innovation and reliability, FoundationLogic makes use of cutting-edge ASIC chips designed in-house and topics its merchandise to rigorous area testing. By means of its flagship product, the ElphaPex collection, FoundationLogic supplies mining fans and professionals with cutting-edge, easy-to-use machines that set new requirements for effectivity and efficiency within the area. For extra info, please go to elphapex.com.

X: https://x.com/ElphaPex

LinkedIn: https://www.linkedin.com/firm/100958166

contact

Vice President, Merchandise
Ben Wen
(e mail handle protected)