Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104%
Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
  • Market Cap: 46.39B 1.4104%
  • Volume (24h): 4.16B 0%
  • Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
Home > Information news > FoundationLogic’s Latest Miner Boasts Silence and High Performance

FoundationLogic’s Latest Miner Boasts Silence and High Performance

Release: 2024/07/05 04:07 Reading: 557

Original author:Ultramining_Eng

Original source:https://coinmarketcap.com/community/articles/6686fa6c92cfff58fa1f9869

FoundationLogic, the fabless semiconductor design company renowned for its high-performance Dogecoin (DOGE) and Litecoin (LTC) mining machines, unveiled a groundbreaking product line at the Mining Disrupt 2024 conference in Miami, Florida, from June 24-26, as reported by Blockonomi.

At the event, FoundationLogic showcased the ElphaPex DG Home 1, an ultra-quiet, water-cooled home miner meticulously engineered to mine DOGE and LTC with unparalleled efficiency using the Proof-of-Work (PoW) Scrypt algorithm. The ElphaPex DG Home 1 boasts an impressive hashrate of 2000M, a power consumption of 620W, and a power efficiency of 0.31J/M. Slated for release in Q4 2024, it will be readily available for purchase on the ElphaPex official website.

Ben Weng, VP of Product at FoundationLogic, emphasized the company's unwavering commitment to empowering miners of all scales. The new miner has garnered widespread acclaim within the industry, earning accolades for its exceptional silence, power, and efficiency.

Charles Song, Executive VP at Samsung Foundry, expressed immense enthusiasm about the product's transformative potential for the DOGE and Litecoin mining sectors, commending its innovative design and remarkable performance.

As the headline sponsor of Mining Disrupt 2024, FoundationLogic hosted the inaugural opening party and captivated attendees with its popular booth, replete with enthralling activities and generous giveaways. The company's keynote presentation at the event underscored its unwavering dedication to the advancement of Scrypt mining, particularly in light of Bitcoin's recent halving, which has significantly reduced industry-wide rewards.

The ElphaPex DG 1+, launched earlier this year at Blockchain Life 2024 in Dubai, continues to reign supreme in the Scrypt mining arena with its exceptional hashrate of 14000M, a power consumption of 3920W, and an efficiency of 0.28JM. The resounding success of this model has fueled immense anticipation for the forthcoming ElphaPex DG Home 1.

FoundationLogic's groundbreaking advancements in Scrypt mining hardware capitalize on DOGE's immense popularity and LTC's proven track record, offering a strategic advantage to those seeking to maximize their mining operations.

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