FoundationLogic Reveals the Quiet Home Miner During Mining Disrupt 2024
Singapore, Singapore, July 4th, 2024, Chainwire
The leading brand specializing in DOGE and Litecoin mining hardware has announced a fresh line of products at the recent Mining Disrupt 2024 event.
FoundationLogic, an innovative semiconductor design firm known for its high-performance mining machines, took the spotlight at Mining Disrupt 2024 held in Miami, Florida, from June 24 to June 26. ElphaPex During the event, FoundationLogic launched its innovative product line dedicated to silent home mining solutions.
Similar to the advanced ElphaPex DG 1/DG 1+ systems, the new model named ElphaPex DG Home 1 utilizes the Proof-of-Work (PoW) Scrypt algorithm, enabling users to earn rewards in both DOGE and LTC.
Tailored for a new era of home-based mining, the ElphaPex DG Home 1 guarantees a quiet, low-maintenance experience while ensuring effective DOGE and LTC mining through its advanced water-cooling technology.
Scheduled for release in the fourth quarter of 2024, this model features a hashrate of 2000MH/s with power consumption of 620W and an efficiency of 0.31J/MH. It will be available for immediate purchase through the official ElphaPex website upon its launch.
The ElphaPex DG Home 1 garnered positive feedback from the crypto mining community immediately after its unveiling, with several prominent influencers sharing images on their social platforms, describing it as 'silent, powerful, and efficient.'
"This new silent home miner reflects our dedication at ElphaPex to cater to every miner, regardless of operational scale,\" stated Ben Weng, VP of Product at FoundationLogic. \"We were thrilled by the enthusiastic reception at the conference, as many attendees expressed interest in acquiring one right away. Fortunately, it won't be long before anyone can embark on dual mining DOGE and Litecoin right from their homes.\"
"ElphaPex products have reached an impressive achievement in the DOGE and Litecoin mining chip sector, and we are excited to take this new product into mass production,\" remarked Charles Song, Executive VP at Samsung Foundry. \"This marks just the start of an incredibly promising trajectory for ElphaPex.\"
Beyond revealing its latest creation, FoundationLogic made a significant impact at the event, capturing the attention of industry insiders and key influencers.
As the primary sponsor of Mining Disrupt 2024, the Scrypt mining hardware company organized the official opening celebration and managed one of the most frequented booths, showcasing interactive activities and giveaways.
FoundationLogic’s keynote address was another highlight of the conference.
In this presentation, representatives from the company underscored their commitment to advancing Scrypt mining, elaborating on its rising potential for miners. This is particularly critical following Bitcoin's recent halving, which has introduced new challenges in the sector due to diminished rewards. They also highlighted several advantages of Scrypt technology over SHA-256 hardware, such as enhanced cash flow, return on investment, and longer equipment lifespan.
A key achievement discussed during the presentation was the success of the ElphaPex DG 1+, an ASIC miner unveiled earlier this year at Blockchain Life 2024 in Dubai. As the flagship model, it has set a benchmark in the market and continues to be a formidable contender in the Scrypt mining category, boasting a hashrate of 14000MH/s, power consumption of 3920W, and an efficiency rating of 0.28J/MH.
Considering current price trends and the availability of reliable Scrypt mining solutions from FoundationLogic, employing DOGE's meme appeal alongside Litecoin’s solid reputation could be a strategic approach for mining operations this year. launched FoundationLogic is a fabless semiconductor design firm based in Singapore, focused on transforming the landscape of cryptocurrency mining. With an emphasis on innovation and dependability, FoundationLogic develops cutting-edge ASIC chips in-house and meticulously tests its products in real-world conditions. Through its flagship ElphaPex series, it empowers both hobbyists and professionals with top-notch, accessible mining machines, establishing new benchmarks for performance and efficiency in the industry. For more details, users are encouraged to visit
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About FoundationLogic
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Ben Weng
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