INTERVIEW: Dogecoin’s Newest ASIC Miner

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 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 and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices