Want to mine a meme coin? ElphaPex’s newest unit mines Litecoin and Dogecoin through a process called merge mining!
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Ben Weng and Payne Cong of Foundation Logic, the team behind the new ElphaPex Dogecoin/Litcoin miner, join The Mining Pod to discuss their new ASIC mining startup, competing with industry giants, and the future of script mining. Learn about hardware startups, profitability comparisons, and the potential for diversifying mining revenue.
Chapters:
00:00 Start
03:20 Ben Weng background
04:29 Payne Cong background
06:32 Litecoin+Dogecoin ASIC
09:40 Why these coins?
14:50 Is Litecoin the main revenue?
18:39 Profitability
21:10 Other revenue sources
24:40 Calculators
25:50 Hardware form factor
28:15 Repairs
33:41 Chips & production
35:56 What foundry
36:50 Chip allocations from Samsung
38:40 Bitmain competition
42:46 Final thoughts
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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.
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