FoundationLogic’s Latest Miner Boasts Silence and High Performance
FoundationLogic, the fabless semiconductor design company known for its high-performance Dogecoin (DOGE) and Litecoin (LTC) mining machines, announced a new product line at the recent Mining Disrupt 2024 conference in Miami, Florida, held from June 24-26, according to Blockonomi.
At the event, FoundationLogic introduced the ElphaPex DG Home 1, a silent, water-cooled home miner designed to efficiently mine DOGE and LTC using the Proof-of-Work (PoW) Scrypt algorithm. The ElphaPex DG Home 1 offers a hashrate of 2000M, power of 620W, and power efficiency of 0.31J/M. Set for release in Q4 2024, it will be available for immediate purchase on the ElphaPex official website.
Ben Weng, VP of Product at FoundationLogic, highlighted the company’s commitment to making mining accessible for everyone, regardless of scale. The new miner has already garnered significant attention from industry insiders, described as “silent, powerful, and efficient.”
Charles Song, Executive VP at Samsung Foundry, expressed excitement about the product’s potential impact on the DOGE and Litecoin mining industry, emphasizing its innovative design and performance.
As the main sponsor of Mining Disrupt 2024, FoundationLogic hosted the official opening party and operated a popular booth featuring engaging activities and giveaways. The company’s keynote presentation at the event underscored its dedication to advancing Scrypt mining, especially following Bitcoin’s recent halving, which has reduced rewards industry-wide.
The ElphaPex DG 1+, launched earlier this year at Blockchain Life 2024 in Dubai, continues to dominate the Scrypt mining sector with its remarkable hashrate of 14000M, power of 3920W, and efficiency of 0.28JM. The success of this model sets high expectations for the upcoming ElphaPex DG Home 1.
FoundationLogic’s advancements in Scrypt mining hardware are poised to leverage DOGE’s meme appeal alongside LTC’s solid track record, offering a strategic advantage for mining operations.
