Categories: Payment system news

Silent Home Miner Launched by FoundationLogic Unveiled at Mining Disrupt 2024

Leading producer of Dogecoin and Litecoin miners FoundationLogic unveiled a new product line at this year’s Mining Disrupt conference. The company is known for being behind the high-performance ElphaPex Dogecoin (DOGE) + Litecoin (LTC) miners.

FoundationLogic’s new product line for silent home miners took center stage at the conference. The new home miner, ElphaPex DG Home 1, is powered by the Proof-of-Work (PoW) Scrypt algorithm, just like the pro-ElphaPex DG 1/DG 1+ models, offering dual Dogecoin and Litecoin rewards.

The new miner powered by water-cooling technology will give users high-performance but silent and low-maintenance Dogecoin and Litecoin mining. It will be released in Q4 of 2024 and available for immediate purchase through the ElphaPex official website. 

With a hashrate of 2000M, power of 620W, and power efficiency of 0.31JM, the miner caught the attention of crypto mining insiders and major influencers, many of which have since shared photos of it on their social media handles, describing it as “silent, powerful, and efficient.”

VP of Product at FoundationLogic, Ben Weng, commented on the response from experts, saying:

“This new silent home miner embodies our commitment at ElphaPex to be everyone’s miner partner, regardless of the scale of operations,” Weng said. “We were pleased by the enthusiastic response we saw at the conference, as many visitors wanted to get one on the spot. Luckily, it won’t be long before everyone can start dual mining DOGE and Litecoin from the comfort of their homes,” he added.

Also commenting, the Executive VP at Samsung Foundry, Charles Song, said:

“ElphaPex products have achieved a remarkable milestone in the DOGE & Litecoin mining chip industry and we’re excited to launch this new product into mass production.” “I believe this is just the beginning of a very bright future for ElphaPex,” he added.

FoundationLogic, the main sponsor of Mining Disrupt 2024, also emphasized its commitment to advancing Scrypt mining to boost miners’ revenue, especially as Bitcoin rewards are continuously declining.

The company also noted the success of its flagship product, the ElphaPex DG 1+, an ASIC miner launched earlier this year at Blockchain Life 2024 in Dubai. The miner still dominates the Scrypt mining sector with a hashrate of 14000M, power of 3920W, and efficiency of 0.28JM.

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