ElphaPex is a computer hardware manufacturing company specializing in the design, development, and production of high-performance ASIC mining machines for cryptocurrency mining. Powered by Foundation Logic's cutting-edge ASIC design, ElphaPex machines deliver industry-leading efficiency and profitability. The flagship ElphaPex DG1 stands out as the most power-efficient mining machine currently available in the market for Scrypt-based cryptocurrencies such as Litecoin and Dogecoin, offering superior hashrate-to-power ratios, advanced thermal management, and optimized performance for large-scale and professional mining operations. The company focuses on semiconductor design, integrated circuit development, chip design, and blockchain hardware, serving miners, data center operators, and institutional clients with reliable, high-density mining solutions. With 51-200 employees and a strong emphasis on innovation, ElphaPex continues to advance the capabilities of ASIC mining technology. As of January 1, 2026, ElphaPex is active with ongoing ASIC machine production, sales, and support in the cryptocurrency mining sector.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.




June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.


