Released in June 2022, the iPollo V1 Mini ASIC miner is designed for cryptocurrency mining. In mining, iPollo V1 Mini generates approximately $0.56 per day before electricity costs. At an electricity price of $0.05 per kWh, the expected net profit is around $0.27. The most profitable coin to mine on this hardware is Ethereum POW (ETHW) (Ethash) with a hashrate of 300 Mh/s at 240 W. Other coins include Ethereum Classic (ETC) and OctaSpace (OCTA), which can also be profitable depending on network conditions.