# Ipollo G1? Should I buy it or not? **URL:** \ **Category:** Mining\ **Created:** [May 16, 2023, 10:56am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520 "2023-05-16T10:56:11Z")\ **Posts on this page:** 15\ **Page:** 1
**Author:** ![Flakct](https://avatars.discourse-cdn.com/v4/letter/f/b2d939/32.png) [@Flakct](https://forum.grin.mw/u/Flakct)\ **Post date:** [May 16, 2023, 10:56am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/1 "2023-05-16T10:56:11Z")
Hi guys, Is it worth buying a new G1? Asking because its cost is quite high and I think the electricity expenses will make the ROI impossible to reach. I already have some G1 mini and I wanted something more powerful but I can’t find anything else. Any ideas about some miner? It looks like Ipollo is the only company focusing on Grin miners. Thank you in advance ---
**Author:** ![Anynomous](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/anynomous/32/2928_2.png) [@Anynomous](https://forum.grin.mw/u/Anynomous)\ **Post date:** [May 16, 2023, 12:13pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/2 "2023-05-16T12:13:53Z")
> [@Flakct](#): > > I already have some G1 mini and I wanted something more powerful but I can’t find anything else. > Any ideas about some miner? It looks like Ipollo is the only company focusing on Grin miners. The **G1 is not more efficient than a G1 mini** , it is basically a bunch of G1 Mini chips stacked together. So calculate if the Grin you earned with your G1 Mini is worth more than the electricity costs you made (125 W). You can calculate it based on the current difficulty, around 11 kGps, with 1 grin per second and a hash rate of approximately 1.2 G/s for a G1 Mini you get for one day Profit: 60_60_24_1.2/(11000) = 9.43 Grin per day, at a price of 0.47$/Grin worth **0.443$** Costs: at 0.1$ per kWh = 24_125/(1000)\*0.1 = \*_0.3$_ This means that the break even cost only considering electricity is currently 0.1 \* 0.443/0.3 = 0.1476 $/kWh. In most cases your electricity costs will be higher, e.g. in EU and UK the costs are much much higher meaning you make a loss on mining even when excluding the costs of hardware. ---
**Author:** ![AceKaplin](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/acekaplin/32/4958_2.png) [@AceKaplin](https://forum.grin.mw/u/AceKaplin)\ **Post date:** [May 16, 2023, 12:34pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/3 "2023-05-16T12:34:12Z")
> [@Anynomous](#): > > The **G1 is not more efficient than a G1 mini** Yes it is. The G1 gets 36GPs at 2800W. That is 78W/GPs. The G1 mini gets 1.2 GPs at 120W. That is 100W/GPs. The G1 mini consumes roughly 30% more power for a given hashrate. These numbers are from the iPollo spec. ---
**Author:** ![Trinitron](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/trinitron/32/4990_2.png) [@Trinitron](https://forum.grin.mw/u/Trinitron)\ **Post date:** [May 16, 2023, 4:16pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/4 "2023-05-16T16:16:37Z")
I think minerstat is broken, it is showing a high profitability that I don’t believe, but I haven’t done the math to check it. This one seems more like it: > **[Grin-CT32 (GRIN) Mining Profit Calculator - WhatToMine](https://whattomine.com/coins/324-grin-cuckatoo32)** > > Calculate Grin-CT32 (GRIN) mining profitability in realtime based on hashrate, power consumption and electricity cost. GRIN exchange rates, mining pools. At $.30/kwh apparently I could mine 10 grin per day on average, at a daily cost of $.86, so I would be losing money. ---
**Author:** ![Krisz](https://avatars.discourse-cdn.com/v4/letter/k/e95f7d/32.png) [@Krisz](https://forum.grin.mw/u/Krisz)\ **Post date:** [May 16, 2023, 4:21pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/5 "2023-05-16T16:21:28Z")
I prefer > **[Grin (GRIN32) Mining Profitability Calculator - for Pools and Solo](https://2cryptocalc.com/grin32-mining-calculator?hashrate=1.2)** > > Calculate the GRIN32 mining profit for your GPU’s (video cards) in real time. The calculator uses your mining hardware hashrate, network difficulty, and coin price. It shows stuff like solo mining options and it is mostly accurate. ---
**Author:** ![noobvie](https://avatars.discourse-cdn.com/v4/letter/n/9d8465/32.png) [@noobvie](https://forum.grin.mw/u/noobvie)\ **Post date:** [May 17, 2023, 1:32am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/6 "2023-05-17T01:32:03Z")
I suggest to buy G1 mini, it would be easier in case you want to resell later. Or if we have equipment issue, we can replace the parts. ---
**Author:** ![Neo-Geo](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/neo-geo/32/2752_2.png) [@Neo-Geo](https://forum.grin.mw/u/Neo-Geo)\ **Post date:** [May 17, 2023, 6:51am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/7 "2023-05-17T06:51:11Z")
Ipollo G1-mini pulls ~85W on average, same energy use as G1/30. Perhaps the initial PSU released with the G1-mini at launch was 120W, which is why most of them died. [![](https://img.youtube.com/vi/RMg4J458WrM/maxresdefault.jpg "Custom 240W PSU for iPollo G1-mini ASIC") ](https://www.youtube.com/watch?v=RMg4J458WrM) I buy both G1 and G1-mini. G1 is limited in that it can only go in an off site facility with 220V circuit that has high tolerance for noise pollution. Yes, G1-mini is easier for resale, and holds resale better value because of it’s larger market. ---
**Author:** ![noobvie](https://avatars.discourse-cdn.com/v4/letter/n/9d8465/32.png) [@noobvie](https://forum.grin.mw/u/noobvie)\ **Post date:** [May 17, 2023, 10:44pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/8 "2023-05-17T22:44:56Z")
> [@Neo-Geo](#): > > Perhaps the initial PSU released with the G1-mini at launch was 120W, which is why most of them died I got one malfunctioned PSU of G1 mini, and have to replace it with a new one ---
**Author:** ![Neo-Geo](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/neo-geo/32/2752_2.png) [@Neo-Geo](https://forum.grin.mw/u/Neo-Geo)\ **Post date:** [May 18, 2023, 12:10am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/9 "2023-05-18T00:10:22Z")
Confirmed to work for G1-mini: [https://www.amazon.com/gp/product/B074GGMD5J/ref=ppx\_yo\_dt\_b\_search\_asin\_title?ie=UTF8&th=1](https://www.amazon.com/gp/product/B074GGMD5J/ref=ppx_yo_dt_b_search_asin_title?ie=UTF8&th=1) I also have have these spares for sale individually: > **[6x 12V 20A 240W AC/DC Power supply adapter with 5.5x2.5mm DC male plug &...](https://www.ebay.com/itm/144576869932?hash=item21a973f62c:g:-LgAAOSwOEZiku2t)** > > Find many great new & used options and get the best deals for 6x 12V 20A 240W AC/DC Power supply adapter with 5.5x2.5mm DC male plug & display at the best online prices at eBay! Free shipping for many products! ---
**Author:** ![Unclefek](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/unclefek/32/4874_2.png) [@Unclefek](https://forum.grin.mw/u/Unclefek)\ **Post date:** [May 23, 2023, 6:15am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/10 "2023-05-23T06:15:34Z")
It seems to me that the danger here is different, namely, if suddenly Bitmain decides to release an ASIC for mining grin, then the network will collapse and the complexity will skyrocket. Wouldn’t want that, of course! It’s better to leave things as they are. But still, there is a danger, because Bitmain they want to crush the entire ASIC market for alternative coins. ---
**Author:** ![phraudsta](https://avatars.discourse-cdn.com/v4/letter/p/8baadc/32.png) [@phraudsta](https://forum.grin.mw/u/phraudsta)\ **Post date:** [May 23, 2023, 11:23am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/11 "2023-05-23T11:23:01Z")
What other coins have been crushed by this process? ---
**Author:** ![Anynomous](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.grin.mw/anynomous/32/2928_2.png) [@Anynomous](https://forum.grin.mw/u/Anynomous)\ **Post date:** [May 23, 2023, 1:04pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/12 "2023-05-23T13:04:37Z")
> [@Unclefek](#): > > the network will collapse Not sure what you mean with this? The network has nothing to do with the difficulty. If new more efficient miners are produced it just means that old miners might become unprofitable, no further impact on the project. Buying miners is always a gamble on whether you get ROI before better miners arrive. ---
**Author:** ![bruges](https://avatars.discourse-cdn.com/v4/letter/b/b3f665/32.png) [@bruges](https://forum.grin.mw/u/bruges)\ **Post date:** [August 16, 2023, 11:08am UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/13 "2023-08-16T11:08:02Z")
Ipollo website says that G1 ASICs are out of stock. Where do someone can buy one? Also the price on the website is $8970, if this is indeed the current price of the asic, then it’s not worth it to buy. Because you can buy a bitcoin whatsminer asic for $2500 and just converting BTC to grin if you want. ---
**Author:** ![Doogevol](https://avatars.discourse-cdn.com/v4/letter/d/5f8ce5/32.png) [@Doogevol](https://forum.grin.mw/u/Doogevol)\ **Post date:** [August 16, 2023, 1:06pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/14 "2023-08-16T13:06:45Z")
Probably it is not worth it to buy G1 for more than $4000. But the data to calculate it correctly is not available. The Network difficulty is declining. (I have no good grin explorer source visualization.) From my memory the Hashrate was long time around 10k Graph/s and now the Hashrate is about 7k Graph/s. So what happens to the Miners? On the other public chain where G1 could mine (MWC) the difficulty is also declining. - Probably some miners are broken. - Hopefully some mine only part of the day, when the sun is shining and cheep electricity is available. - Some are unused, and could be sold but the owners prefer to HODL instead to sell at a loss. - Possibly some mine on a secret chain. ![](https://i.imgflip.com/7vxeh1.jpg "made at imgflip.com") ```auto https://grinexplorer.net/chart/block https://grinexplorer.net/?page=20000 https://minerstat.com/coin/mwc_cuckatoo31/difficulty https://pool.easygrin.org/pool https://explorer.mwc.mw/ ``` ---
**Author:** ![noobvie](https://avatars.discourse-cdn.com/v4/letter/n/9d8465/32.png) [@noobvie](https://forum.grin.mw/u/noobvie)\ **Post date:** [August 18, 2023, 10:33pm UTC](https://forum.grin.mw/t/ipollo-g1-should-i-buy-it-or-not/10520/15 "2023-08-18T22:33:01Z")
Not sure if NHASH is legit but it’s selling used G1 around $3500 > **[NHASH - iPollo G1 For Sale](https://nhash.net/products/used-ipollo-g1-36gps-grin-126gps-mwc-miner)** > > Explore the best platforms to purchase the iPollo G1 and get started with your crypto mining journey today. Check or Compare the potential earnings of your hardware in profibility calculator. IMO, G1 mini is better for re-sell, troubleshoot, replace parts…