FoundationLogic Unveils Silent Home Miner at Mining Disrupt 2024

FoundationLogic Unveils Silent Home Miner at Mining Disrupt 2024

July 4th, 2024, Singapore, Singapore - FoundationLogic, the leading semiconductor design company renowned for its ElphaPex Dogecoin (DOGE) and Litecoin (LTC) miners, unveiled a new product line at the recent Mining Disrupt 2024 conference.

The new silent home miner, dubbed ElphaPex DG Home 1, boasts the Proof-of-Work (PoW) Scrypt algorithm, providing dual DOGE and LTC rewards. Utilizing water-cooling technology, the ElphaPex DG Home 1 offers quiet, low-maintenance mining with a hashrate of 2000M, power consumption of 620W, and power efficiency of 0.31JM. It will be available for purchase through the ElphaPex website in Q4 2024.

"This new silent home miner reflects our commitment to cater to miners of all levels," said Ben Weng, VP of Product at FoundationLogic. "The positive response we received at the conference demonstrates the industry's enthusiasm for this product."

Charles Song, Executive VP at Samsung Foundry, praised ElphaPex's achievements: "We believe this is just the beginning of a bright future for ElphaPex."

At Mining Disrupt 2024, FoundationLogic showcased its keynote presentation, emphasizing their dedication to advancing Scrypt mining and highlighting its potential in light of challenges posed by Bitcoin's halving. The company also highlighted the advantages of Scrypt hardware, including improved cash flow, ROI, and equipment lifecycle.

FoundationLogic, as the main sponsor of the event, hosted the opening party and operated a busy booth with engaging activities. The company's ElphaPex DG 1+, launched earlier this year, continues to be a market leader in Scrypt mining with a hashrate of 14000M, power consumption of 3920W, and efficiency of 0.28JM.

FoundationLogic's commitment to innovation and reliability has established the company as a leader in the mining industry. Their state-of-the-art ASIC chips and rigorous field testing ensure cutting-edge, accessible mining machines for enthusiasts and professionals alike.

About FoundationLogic

FoundationLogic, based in Singapore, is a fabless semiconductor design company focused on revolutionizing the cryptocurrency mining industry. Utilizing in-house designed ASIC chips and rigorous testing, FoundationLogic provides high-performance mining solutions through their ElphaPex series, empowering miners with efficiency and performance benchmarks in the field.

Contact

VP of Product
Ben Weng
ben@foundationlogic.com