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THE MINING POD: Dogecoin’s Newest ASIC Miner

THE MINING POD: Dogecoin’s Newest ASIC Miner

FromCoinDesk Podcast Network


THE MINING POD: Dogecoin’s Newest ASIC Miner

FromCoinDesk Podcast Network

ratings:
Length:
50 minutes
Released:
Jun 21, 2024
Format:
Podcast episode

Description

Want to mine a meme coin? ElphaPex’s newest unit mines Litecoin and Dogecoin through a process called merge mining!Follow along on your favorite podcast player of choice by clicking here.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 Start03:20 Ben Weng background04:29 Payne Cong background06:32 Litecoin+Dogecoin ASIC09:40 Why these coins?14:50 Is Litecoin the main revenue?18:39 Profitability21:10 Other revenue sources24:40 Calculators25:50 Hardware form factor28:15 Repairs33:41 Chips & production35:56 What foundry36:50 Chip allocations from Samsung38:40 Bitmain competition42:46 Final thoughts-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! ? Check out Bitcoin Season 2 and The Gwart Show.? Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"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. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 21, 2024
Format:
Podcast episode

Titles in the series (100)

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