[G1-Mini measurement] the world’s first GRIN distributed ASIC home blockchain computer

InterHash-Mining
5 min readJan 8, 2021

In mid-December 2020, Interhash, as the official agent of iPollo, carried out the pre-sale of the world’s first batch of G1-Mini home small miner. In the first batch of pre-sales, we set a purchase limit of 5 units per person, which were sold out in China on the day the press conference ended. After the new product launch conference, we will focus on serving overseas customers. In the end, we received orders from customers in Sweden, North America, the Netherlands, Dubai, Bulgaria, Nepal, Canada, Russia, Japan, and many other overseas regions. We firmly believe that geographical dispersion is distributed an important indicator of hash power. At the same time, we also received a purchase request from the Grin core community (forum.grin.mw). To support the better development of Grin in the future, after obtaining the official approval of iPollo, we decided to donate 20% of the purchase amount from the core community.

Recently, we also got the prototype of iPollo G1-Mini and tested it for the first time.

G1-Mini prototype display

After opening the package, it contains an ipollo G1-Mini and a power supply.

Instructions for use

First connect the miner to the router with a network cable, and then connect the power supply to turn it on.

1.Get the backstage IP of the miner: iPollo G1-Mini miner defaults to DHCP and will automatically obtain an IP address, which can be obtained through the local router. You can also find the IP address of the miner with the report IP button, such as using showIp software.

How to use Showlp: First make sure that the miner and the computer are in the same local area network to open Showlp, and then press the report IP button on the miner, ShowIp will generate the mining machine IP.

2. Log in to the backstage of the miner: enter the IP address into the browser to join the miner login page. The default login username and password are both admin.

The homepage shows the operating status interface of the miner. The interface mainly displays the current hash power, fan speed, temperature, and mining pool rejection rate of the G1-Mini miner. As shown in the figure below, the current real-time hash power of the whole machine is 1.47G/s.

In addition to the miner status on the left side of the control panel page, there are 3 menu sections: system operation status, system configuration and network configuration. Several commonly used configurations are mainly: mine pool/miner configuration; network configuration; check chip status; modify login password; update firmware.

3. Configure the miner parameters and connect to the mining pool: select the menu miners/Pool Configuration page to configure the mining pool and miners.

As shown in the figure below: select F2Pool for mining, then select the C32 algorithm, enter the F2Pool address and port number in pool1, and it is recommended to set an available mailbox as the miner number in pool1 worker for subsequent withdrawals.

After the backstage is configured, view it on the following page:

After entering the miner number, wait for 5–10 minutes if the miner parameters are displayed, the configuration is successful.

Performance measurement

After we tested the G1-mini miner for more than 24 hours, the miner started mining immediately after it was set up, and it was running smoothly during the period.

According to the calculation of theoretical income, the daily output of G1-mini miner with 1.4G computing power is about 17 grins, and the theoretical income is about 6.49 dollars, occupying the first place in the Grin mining income list.

The G1-mini miner ran smoothly during the test period without any problems, and mining is simple and convenient. Mini miner was born not only inspired the miners to mining Grin enthusiasm, while Grin community is also an incentive. It is believed that the pineapple G1-mini mining machine will lead Grin into the era of ASIC home distributed.

Profit analysis

Regardless of the change in difficulty, about 16 Grin can be produced per day. If the electricity bill is $0.15 per kWh, the daily income will be $6.49. Based on this calculation, the Grin price is $0.41, and the miner cost is $850. At the time, the static payback period of the miner is 131 days.

Mining is risky and investment needs to be cautious. This actual measurement does not constitute any investment advice.

about us

Inter Hash is a comprehensive consulting service organization for mining industry, its business covers: Mining fund, BTC/ETH miner procurement, Filecoin joint mining, mine investment, equipment custody, miner financing lease, mortgage loan, hedging.

iPolloG1: Grin large hashrate miner, support C31, C32

iPolloG1-Mini: Grin mini home use miner, support C31, C32

iPollo F1: Filecoin large cluster solution to solve the mortgage coin

iPolloV1: Ethereum Asic miner, 5.6G video memory, power consumption ratio 0.6

BTC miners: spot/futures such as Avalon, Whats, Bitmain, etc., to cooperate with mines.

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InterHash-Mining

InterHash is a service provider that provides one-stop BTC mining and one-stop cloud computing solutions around the mining industry.