It does seem odd that a company would R&D and release a successful product with zero competition, only to sell < 1000 units for < $500k revenue. Innosilicon told us that their R&D was $1M+ for their Grin ASIC. Perhaps iPollo future productions are 100% presold to local Chinese farm(s) that will pick up in person. Surely their broken joke of a website and missing SSL are intentional to deliberately eliminate customer inquiries. It’s also possible that a deal was made from a single miner. If there was only one ASIC in existence for a promising privacy PoW project, and is from a new and small manufacturer, why not buy out all of the ASICs?
From my experience of the 5x G1-mini ASICs purchased, it’s a great product, and most of us, including myself, would buy more if given the opportunity. It’s the quietest ASIC I’ve ever owned, only uses 82W on average, fast ROI, compact, & good looking. The underpowered PSU solution is solved by purchasing 150W or greater PSU, as many/most of us have done. A fellow miner from the Grin discord provided me with this custom PSU solution involving 240W PSU and an integrated meter. He went as far as designing and printing iChicken logos on both sides of every meter box, “Direct to substrate full color printing process that will print anything on just about any flat surface. UV cured and more durable than even the powder coated enclosure.”
The 240W PSU used to power each G1-mini. Since these are only running @ 1/3 capacity, they should have an extremely long lifespan. So far so good!
The meter used: https://www.amazon.com/dp/B013PKYAV6/ref=cm_sw_em_r_mt_dp_C0RCAF962R0X8SR4WYJY?_encoding=UTF8&psc=1
Here’s what the meter displays while mining with G1-mini: Custom 240W PSU for iPollo G1-mini ASIC - YouTube