Projected earnings:
• Monthly Net Profit: $5.91
• Yearly Net Profit: $71.91
No, mining profitability is not guaranteed to stay the same over time. While the current daily profit is shown above, this can fluctuate due to various factors such as:
Be prepared for potential changes in profitability based on these market dynamics.
The Ipollo G1-Mini (1.2H) has a hash rate of 1.2 H/S with the Cuckatoo31 algorithm. Note that hashrates are only comparable between miners that use the same algorithm.
Yes, the Ipollo G1-Mini (1.2H) consumes 120 W per hour. You can adjust your local electricity price in the header preferences to see profitability calculations based on your actual electricity cost.
Electricity expenses are a significant factor in mining profitability. With the power consumption of 120 W, your daily electricity cost is $0.13. Higher electricity rates can reduce or even eliminate profits, which is why assessing local energy costs is crucial when determining if mining is viable.
With higher electricity costs, investing in a highly efficient miner like this one (efficiency: 100 J/GPS) becomes even more important.
The lifespan of mining hardware depends on several key factors:
Proper maintenance and ideal operating conditions can significantly extend hardware longevity.
iPollo is the manufacturer of the Ipollo G1-Mini (1.2H).
The Ipollo G1-Mini (1.2H) consumes $0.13 worth of electricity per day at the current rate of $0.045/KWh.
The Ipollo G1-Mini (1.2H) is designed to mine GRIN using the Cuckatoo31 algorithm. The miner's efficiency of 100 J/GPS makes it specifically optimized for this cryptocurrency.