SUMMARY
The ElphaPex DG1+ (14Gh) is a competitive mining machine for LTC+DOGE merged mining, offering a balanced combination of performance, affordability, and steady profitability. With a hash rate of 14 GH/s and an energy efficiency of 0.28 J/MH, it delivers reliable daily profits of approximately $36.57 after deducting electricity costs. Priced at $10,600, it is the most affordable option compared to similar models, with a payback period of 306 days. The miner is ideal for new miners, cost-conscious users, and those seeking to diversify their mining setups.
Table of Contents
Technical Specifications
Manufacturer | ElphaPex |
Model | DG 1+ |
Also known as | ElphaPex DG 1 Plus LTC+DOGE 14000M |
Release | Apr 2024 |
Size | 432 x 196 x 287mm |
Weight | 18300g |
Noise level | 75db |
Cooling | Air |
Fan(s) | 4 |
Power | 3920W |
Voltage | 200-240V |
Interface | RJ45 Ethernet 10/100M |
Temperature | 5 – 45 °C |
Humidity | 5 – 95 % |
Comparing ElphaPex DG 1+ with Other Top LTC+DOGE Miners
ElphaPex DG1+ (14Gh) Analysis
Performance (Hashrate):
ElphaPex DG1+ delivers a hashrate of 14 GH/s, making it a competitive option for mid-range mining needs. While it falls behind the Antminer L9 (16Gh) and VolcMiner D1 (15.15Gh) in raw power, it still offers solid performance for its price range.
Efficiency:
With a power efficiency of 0.28 J/Mh, ElphaPex DG1+ is slightly less efficient compared to Antminer L9 (0.21 J/Mh) and VolcMiner D1 (0.257 J/Mh). However, it remains within an acceptable range for energy-conscious users.
Profitability:
Daily Net Profit: $34.62/day, slightly lower than its competitors (Antminer L9: $40.24/day, VolcMiner D1: $37.38/day). Despite this, the difference is marginal, making it a viable option for steady, long-term profits.
Net Profit Per GH: $2.47/G, similar to VolcMiner D1, indicating good value for its hashrate.
Payback Period:
306 days, which is comparable to its higher-priced alternatives (VolcMiner D1: 300 days, Antminer L9: 316 days). This makes ElphaPex DG1+ an attractive choice for users seeking a balanced investment timeline.
Cost:
Miner Price: $10,600, the most affordable among the three. The lower upfront cost makes it accessible for users with limited budgets or those looking to diversify their mining portfolio.
Why Choose ElphaPex DG1+?
Cost-Effective Investment:
With the lowest price tag among the options, ElphaPex DG1+ is an excellent choice for miners who want to start with a modest budget while still achieving solid returns.
Balanced Performance:
While it doesn’t lead in performance or efficiency, ElphaPex DG1+ provides a good balance between hashrate, energy consumption, and daily profitability.
Steady Profitability:
With a daily profit of $34.62, it offers reliable earnings over time, making it suitable for miners focused on consistency.
Moderate Payback Period:
A payback period of just over 10 months (306 days) is reasonable, ensuring miners can recover their investment within a year.
Recommendations for ElphaPex DG1+ Users
New Miners: Ideal for beginners who want to enter the mining industry with a relatively low-risk investment.
Cost-Conscious Buyers: Perfect for those seeking a miner that balances affordability and profitability.
Portfolio Diversification: A great addition to mining setups, offering consistent returns alongside higher-end models like the Antminer L9.
In summary, ElphaPex DG1+ is a well-rounded mining machine that caters to a wide range of users, from budget-conscious individuals to seasoned miners looking for steady, mid-range performance.
LTC Merged Mining Coin Prices
ViaBTC supports merged mining of LTC with multiple coins, enabling miners to earn rewards from six coins without additional hashrate or impact on primary coin rewards:
LTC (Litecoin): Launched on November 9, 2011, the first crypto based on the Scrypt algorithm. Current price: $104.76
DOGE (Dogecoin): Created as a joke in 2013, it features the Shiba Inu mascot and is widely popular. Current price: $0.337
BELLS (Bellscoin): Created by Dogecoin founder Shibetoshi in 2013 and relaunched in December 2023. Current price: 0.5196
LKY (Luckycoin): Launched in 2013 by anonymous developer LuckyC, revived in 2024 by community volunteers. Current price: $1.17
PEP (Pepecoin): A Dogecoin fork launched in January 2024, focused on being community-driven. Current price: 0.0007516
JKC (Junkcoin): Created in May 2013 as a Litecoin fork, revived in November 2024 as an early meme coin. Current price: 0.1264
ElphaPex DG 1+ Profitability
ElphaPex DG1+ Profitability Analysis
The ElphaPex DG1+ (14Gh) consumes 3920W of power, equating to 94.08 kWh per day. At an electricity cost of $0.04 per kWh, the daily electricity expense is $3.76.
Based on current market conditions, the miner generates approximately:
0.02723574 LTC
109.87498927 DOGE
0.19582682 BELLS
The total estimated daily revenue is $40.33. After deducting electricity costs, the net profit amounts to $36.57 per day.
Key Insights:
Although the ElphaPex DG1+ has a higher power consumption than Antminer L9, its profitability remains solid due to the growing interest in merged mining and rising cryptocurrency prices.
The net daily profit of $36.57 positions this miner as a viable option for steady income, especially with its lower upfront cost.
Future Perspective of ElphaPex DG 1+
The combination of LTC’s fast transaction technology and DOGE’s strong community support makes LTC+DOGE mining a lucrative and sustainable opportunity.
As demand for LTC+DOGE mining continues to grow, advanced mining machines like the ElphaPex PG1+ (14Gh) play a pivotal role. With a hash rate of 14 GH/s and an energy efficiency of 0.28 J/MH, the ElphaPex PG1+ positions itself as a strong contender for cost-conscious miners in early 2025. Its balanced performance, competitive price, and moderate efficiency make it an excellent choice for small to medium-scale mining operations while still delivering substantial profitability.
However, the future profitability of the ElphaPex DG1+ will depend on the following factors:
Market Dynamics:
Rising interest in LTC+DOGE mining could lead to the development of more advanced mining hardware, potentially influencing the competitiveness of the ElphaPex DG1+.
Mining Difficulty:
Increasing network participation will drive up mining difficulty, potentially reducing block rewards and profitability for existing hardware.
Regulatory and Market Trends:
Global regulatory changes and shifts in market sentiment toward cryptocurrencies could affect mining profitability and long-term viability.
CONCLUSION
The ElphaPex DG1+ stands out as an excellent choice for miners prioritizing affordability and balanced performance. While it lags slightly behind competitors in raw power and efficiency, its low upfront cost, steady returns, and moderate payback period make it a highly attractive option for small to medium-scale miners. Its profitability is supported by the growing popularity of LTC+DOGE merged mining and the rising value of cryptocurrencies. However, future profitability will depend on market dynamics, mining difficulty, and regulatory changes. Overall, the ElphaPex DG1+ is a solid investment for miners seeking long-term, consistent returns.
FAQs on ElphaPex DG 1+
Is the ElphaPex DG1+ suitable for beginners?
Yes, the ElphaPex DG1+ is ideal for beginners due to its affordable price and moderate payback period. It offers a low-risk entry point into mining while providing reliable returns.
How does the ElphaPex DG1+ compare to competitors in terms of efficiency?
The DG1+ has an efficiency of 0.28 J/MH, which is slightly lower than competitors like the Antminer L9 (0.21 J/MH). However, its lower price offsets this difference, making it cost-effective overall.
What factors could impact the profitability of the ElphaPex DG1+?
Profitability may be influenced by:
- Changes in mining difficulty.
- Fluctuations in LTC, DOGE, and other merged mining coin prices.
- Electricity costs and network conditions.
- Global regulatory changes affecting cryptocurrency mining.