iPollo G1 Grin Miner Profitability

The iPollo G1 profitability is among the top 15 ASIC miners with a daily profit of 21USD. The miner uses Cuckatoo 32 mining algorithm and 32 GPS mining power. Released in Dec 2022, this green miner uses 2800 W electricity power. The G1 miner has become popularized as the Grin coin fame had been grown among the crypto community.

What is the Background of the iPollo organization?

iPollo as one of the main rivals of big companies such as Bitmain and Goldshell. which improve computing power while keeping stability and lowering the power consumption and strengthening the security of the blockchain network. They have proven their mission statement in the industry by developing high-quality mining servers which remain profitable in the fierce crypto mining competition.

They produce user-friendly mining servers with good-looking design and high throughput. The variety of their production line is not limited to Bitcoin B miners, Ethereum V miners, and the world’s first Grin G miners, but it is expanded to Swarm, Filecoin, Chia, and other networks using the Proof of Capacity protocol. Rather than the G1 model, other profitable iPollo miners are the B2 and B1 using the SHA-256 algorithm with 12 USD and 7 USD profit per day.

Why worth to buy iPollo G1 Grin Miner?

The iPollo G1 profitability is 7.8K USD in a year while the price of the device is 22.9K USD! The ROI of this miner is only 33% in a year, meaning almost three years are required to cover the initial investment which is not worth it. Rather than the initial investment amount, the ROI also depends on the Grin price. Therefore, with the current market recession, the device’s income has declined dramatically.

Whats the details of iPollo G1 Grin Miner?

Manufacturer	iPollo
Model	G1
Also known as	Nano labs iPollo G1 Grin Miner
Release	December 2020
Size	158 x 350 x 355mm
Weight	19000g
Chipboards	3
Chip name	FinFET
Chip size	12nm
Chip count	30
Noise level	75db
Cooling	Fan
Fan(s)	4
Power	2800W
Voltage	12V
Interface	Ethernet
Temperature	5 – 40 °C
Humidity	5 – 95 %

The iPollo G1 is ranked in 14^th position in comparison to other ASIC miners, delivering 21 USD profit per day. This analysis, however, is incomplete as the ROI as the main factor is not considered. Miners that are above the iPollo G1 include Innosilicon A10 Pro+ ETH (55 USD/day), iBelink BM-K1+ (63 USD/day), Bitmain Antminer L7 (73 USD/day), and Innosilicon A11 Pro ETH (76 USD/day). Below the iPollo G1 are occupied with the Goldshell LT6 (21 USD/day), Bitmain Antminer S19 XP (19 USD/day), Bitmain Antminer D7 (15 USD/day), and StrongU STU-U1++ (15 USD/day).

In the End iPollo G1

The iPollo G1 profitability is 21USD per day using 36 GPS mining power and the Cuckatoo32 mining algorithm. The miner is ranked 14 among the ASIC miners in the industry, however, the return on investment of the miner is 33% of the initial capital in a year. Also, the limitation of mining only Grin coins can consider a disadvantage particularly during market recessions and Hard forks. Generally, the iPollo company is one of the high-quality producers of mining servers in the market. For starting a mining business, the best way is to do complete research.