ElphaPex partners with DogeHash Technologies to expand enterprise-level Dogecoin mining

2025-08-20 12:00

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Both parties are committed to building an enterprise-grade mining system, focusing on decentralization, energy efficiency, and long-term sustainability.

Source: ElphaPex

ElphaPex has announced a strategic partnership with DogeHash Technologies — the first industrial-scale mining company in North America focusing on Dogecoin. This partnership marks a significant step towards building a scalable and sustainable Scrypt mining infrastructure.

The agreement was signed during a global sales summit hosted by ElphaPex in Hong Kong, formally establishing both parties' commitment to building an institutional-grade mining system with a focus on decentralization, energy efficiency, and long-term sustainability. DogeHash Technologies currently operates over 2,500 ElphaPex DG1+ miners, primarily powered by renewable energy, and plans to pursue a Nasdaq listing in the third quarter of 2025.

Differing from traditional mining enterprises, DogeHash Technologies specializes in Dogecoin, combining large-scale mining operations with a unique treasury and HODL strategy. Through long-term power purchase agreements (PPAs), low-cost renewable energy, and discounted miner acquisition channels, they provide miners with dual benefits of economic stability and long-term asset appreciation. This model aligns closely with ElphaPex's mission — reducing barriers to entry for miners and promoting decentralization of network infrastructure.

ElphaPex's involvement goes beyond hardware sales, emphasizing its broader ecosystem strategy. Business Development Lead Cong Payne stated, "Dogecoin lacks a halving mechanism, which, from a micro perspective, brings higher daily returns, lower energy consumption, and faster ROI; from a macro perspective, support for Dogecoin ETFs, treasury strategies, and multi-payment applications is driving sustainable growth and expanding global liquidity. That's why ElphaPex is building future-facing miners, not products of the past."

This partnership highlights the maturing field of Proof-of-Work, where success is no longer solely measured by performance metrics but also by ecosystem health, decentralization, and long-term resilience. By combining ElphaPex's hardware innovation with DogeHash Technologies' institutional mining strategy, this collaboration provides a blueprint for sustainable mining in the post-halving era.

For ElphaPex, this agreement not only strengthens its role as a mining hardware manufacturer but also reflects its position as an ecosystem builder — investing in protocols, platforms, and partners that define the future of decentralized mining.