THE MINING POD: Dogecoin’s Newest ASIC Miner

CoinDesk Podcast Network

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 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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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.

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