iPollo G1 Mini is a cheap crypto miner, but is it possible to be profitable with it? Learn more about this product and find out if it’s the right choice for you.
iPollo G1 mini is an ASIC miner that was released on the market in January 2021, and people are wondering if it is worth purchasing. In this blog post, we will take a closer look at the iPollo G1 mini to see how profitable it can be. It will be a detailed review that will include everything from its specifications to its performance to see how it stacks up.
So, if you are interested in learning more about this cheap crypto miner, keep reading!
iPollo G1 Mini
iPollo G1 Mini is one of the smallest miners available in the market today. Its size is just like a 15 cm thick iPhone and weighs only 2.5 kilograms. Despite its small size, it can still pack a punch regarding mining power. It has a hashing power of up to 4 h/s when mining Cuckatoo31 algorithm, which is quite high for its size.
The iPollo G1 mini also has a very low power consumption of only 120±10% watts. This is one of the main reasons why people are interested in this miner since most miners consume much more electricity.
As you can see, the iPollo G1 mini is much more efficient in terms of electricity consumption which can lead to lower electricity bills, and thus higher mining profits.
Specifications
Size: 78 x 148 x 158 mm
Mining Algorithm: Cuckatoo31 and Cuckatoo32
Hash Rate: 4 h/s and 1 h/s, respectively
Power Consumption: 120±10% watts
Now that we know more about the iPollo G1 mini let’s take a look at its key features.
Key Features
Despite its smaller size, iPollo G1 Mini has some impressive features.
- First of all, it can mine either the Cuckatoo31 or the Cuckatoo32 algorithm, which is the algorithm used in cryptocurrencies such as MWC and Grin, respectively.
- It also comes with a built-in fan to keep it cool while operating.
- The iPollo G1 mini also has a power supply included, so you don’t have to worry about buying one separately.
- It has a low noise level (40db), so you can keep it in your room without being too disruptive.
- Besides, it is very easy to set up and start using.
- Lastly, it also has a warranty of 180 days in case any technical deficiencies are encountered.
Detailed Review of iPollo G1 Mini
Now that we know more about the iPollo G1 mini let’s look at how profitable it can be.
Profitability
The iPollo G1 mini is a decent and profitable miner. According to whattomine, you can expect to gain around $0.45 daily with this miner by mining MWC. This means you will make around $13.73 per month or $164.25 per year, or considering the estimated lifespan of 5 years, a total of $821.25. Of course, these numbers are based on the current price of MWC and the difficulty of mining. They may change in the future, but as long as the price of MWC doesn’t drop too much, you can still expect to make a profit with this miner.
Performance And Results
Now that we know more about the technical side of things let’s look at how this miner performs in real life.
We’ll start with the results first.
Our iPollo G1 mini achieved a hash rate of 4.2 h/s while consuming only 123 watts of power. This very good result shows that this miner is quite efficient.
Besides that, it’s a very quiet miner. Even when it’s running at full speed, the noise level is only 40db, which is equivalent to the noise we do when we whisper.
Lastly, it’s very easy to set up and use by simply connecting it to the power and plugging the Ethernet cable. Even if you’re a beginner, you should have no problem getting this miner up and running.
After knowing what we revewed so far, you must be interested in buying an iPollo G1 Mini but don’t make a decision too quickly. Do you know about the good and bad things about this little miner? Let’s know about them in detail.
What’s Good?
- The iPollo G1 mini is a good miner overall. It is small, efficient, and easy to use.
- It also has a very good hash rate for its size and a low noise level.
- You will not have to build a whole mining setup to mine with this miner. All you need is access to electricity and internet connection, and you’re good to go.
- Besides, you will receive an original power supply with this mine, so you don’t have to spend extra money buying a power adapter.
- It uses less power, which is great since you will save on your electricity bills.
- The cost of a new iPollo G1 mini is relatively low, with prices between $320 and $500
- Lastly, it comes with a warranty of 180 days which is quite long compared to other producers.
What’s Bad?
While the iPollo G1 mini is a good miner, it also has some drawbacks.
- The overall profitability is subject to GRIN and MWC. If the price of these cryptocurrencies falls, then your profits will also fall.
- This miner is not available for purchase in all countries.
Now, let’s wrap up this detailed review of iPollo G1 mini by answering some of the most common questions that come into the mind of buyers.
How does the iPollo G1 mini compare to other miners on the market?
The iPollo G1 mini is a popular choice for those looking for an affordable and easy-to-use crypto miner. Unlike other miners on the market, the iPollo G1 mini is designed for home use. It also comes with a built-in fan to keep it cool and can be used to mine few cryptocurrencies. While it’s not the most powerful miner out there, it’s a great option for those just starting in the world of cryptocurrency mining.
Besides that, there is no big competitor of iPollo G1 Mini miner in its price range. So, you can say that it has a monopoly in the market.
Is iPollo G1 mini a good miner?
The iPollo G1 mini is a good miner overall. It’s small, efficient, and easy to use. It also has a very high hash rate for its size and a low noise level. However, it has a few drawbacks. The overall profitability is subject to the price performance of MWC and GRIN. If the price of these cryptocurrencies falls, then your profits will also fall. But if we look at the investment as a mid or long-term investment, it is still a good choice for those who are looking for an affordable and easy-to-use crypto miner.
Is it possible to be profitable with such a cheap crypto miner?
As we have discussed above, iPollo G1 Mini can make $0.45 in 24 hours considering today’s prices; but the electricity cost still must be deducted to be at profit. With our hosting package in Buenos Aires, Argentina, you will be paying as small as $0.04 kWh, which means the net profit will be $0.34 a day, $10.4 per month, $124.10 a year and $620.50 within a 5 year lifespan, resulting in a ROI around 100% if you buy the miner with The Mining Future.
Where can you buy an iPollo G1 mini, and at what price?
The iPollo G1 mini is available for purchase on different websites. The price of the miner can vary depending on each website.
However, we would recommend you to buy it from The Mining Future, not only because you will find the most competitive prices from a trusted source, but as well you can benefit of accessing our hosting packages, enabling you to remotely mine from anywhere in the world while accessing the best crypto hosting services with clean and cheap energy.
Conclusion
The iPollo G1 mini is a very good miner overall. While it has a few drawbacks, it is still a popular choice for those looking for an affordable and easy-to-use crypto miner. If you’re looking to get into the world of cryptocurrency mining, then the iPollo G1 mini is a decent option to consider.
That’s all for this detailed review of iPollo G1 mini. If you have any other questions, feel free to ask in the comment section below or contact us.
We hope that this article helped you in making a decision about whether this miner is suitable for you or not.