Pinecone
Model: Inibox Pro
2.4 GH/s VersaHash ASIC miner for InitVerse (INI) at 1,280W and 533.33 J/GH efficiency, the flagship of Pinecone's Matches INIBOX lineup that created the dedicated VersaHash ASIC category. Sits above the base INIBOX (850 MH/s), V2.0 (1.3 GH/s), and PRO X (2 GH/s) models. Mining Now data shows $43.41 daily net profit at $0.07 per kWh with ROI projections between 176 and 200 days, among the most profitable ASIC mining opportunities currently available on any network. Independent testing shows 2.82 GH/s average output, well above the conservative rated spec. Air cooled dual fan design at 70 dB on standard 220V C13 input. 270 x 184 x 291 mm at 10.7 kg. PSU included. Ships from MillionMiner with manufacturer warranty and free DDP delivery worldwide.
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Quantity
$8,849.00
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Tested hardware
Worldwide
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Hashrate
2.4 GH/s
Power
1280 W
Efficiency
533.33 J/GH
Noise
70 dB
Based on current BTC price & network difficulty. Indicative only.
| Period | Daily | Weekly | Monthly |
|---|---|---|---|
|
Income
|
$59.07 | $413.49 | $1,772.10 |
|
Electricity
|
-$2.46 | -$17.22 | -$73.80 |
|
Profit
|
$56.61 | $396.27 | $1,698.30 |
Using 0.080 $/kWh · Network difficulty as of today. Estimates only.
Adjust rate in the bar aboveUpdated daily. Last refresh: May 08, 2026. Estimates at $0.08/kWh.
Contents may vary by batch. Exact items listed in order confirmation.
Connect PSU to miner and plug into the outlet
Connect ethernet cable to your router or switch
Find miner IP via router admin or IP scanner tool
Open web interface, enter pool URL and wallet — start mining
Our mining specialists can help you find the perfect miner for your setup and budget.
Mining Now April 2026 data shows the highest profitability ROI among mining ASICs on any network. First mover timing window.
MineTheASIC independent testing shows real output 17 percent above rated spec. Best efficiency in the Pinecone INIBOX family.
Same plug type as a desktop PC. No external 12V DC PSU, no 30 amp circuits, no specialized cables. Deploy in any home or office.
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Tell us your miner model (or quantity), your target electricity rate, and we will send a hosting cost breakdown within 24 hours.
The INIBOX PRO mines InitVerse (INI) exclusively using the VersaHash algorithm. VersaHash is the proof of work function securing the InitVerse blockchain. This is a dedicated VersaHash ASIC and cannot be pointed at Bitcoin, Kaspa, Monero, or any other algorithm. Its economic viability ties directly to INI token price and InitVerse network difficulty. The INIBOX series represents one of the earliest purpose built ASIC implementations for VersaHash, which gives Pinecone a category leadership position that competitor manufacturers have yet to challenge.
First mover timing on a new proof of work network. InitVerse launched without ASIC mining support, which meant GPU miners secured the network and established baseline difficulty. When Pinecone released the INIBOX series, dedicated silicon efficiency far exceeded GPU efficiency on VersaHash, creating an arbitrage window where early ASIC deployers capture disproportionate rewards. Mining Now's April 2026 data shows $43.41 daily net profit at $0.07 per kWh electricity, with ROI running 176 to 200 days. This profitability window stays open only until more VersaHash hardware deploys and difficulty adjusts upward to price in the additional hashrate.
Four tiers in the current lineup: base INIBOX at 850 MH/s and 500W (588 J/GH), V2.0 at 1.3 GH/s and 700W (538 J/GH), PRO X at 2 GH/s and 1,100W (550 J/GH), and INIBOX PRO at 2.4 GH/s and 1,280W (533 J/GH). The PRO leads on both absolute hashrate and efficiency per gigahash. For operators deploying 1,280W of continuous draw and tolerating 70 dB noise, the PRO is the correct choice for maximum INI accumulation per unit. Lower tier models work for smaller deployments with tighter power or noise constraints.
Independent testing from MineTheASIC reports the PRO averaging 2.82 GH/s output at 1,243W average draw during sustained operation at 39.7 degrees Celsius. That represents approximately 17 percent higher hashrate than the 2.4 GH/s rated spec and 3 percent lower power draw. Pinecone's factory specifications appear conservative, and real world performance in properly cooled environments consistently exceeds the rated benchmarks. Factor this into profitability projections since actual daily returns typically beat conservative spec based calculations.
220V AC input through a standard C13 connector, the same plug type as a desktop computer power supply. At 220V the unit draws approximately 5.8 amps continuously, fitting any standard commercial or residential circuit without dedicated high amperage wiring. No external 12V DC PSU required. European, Middle Eastern, and Asian operators run the unit off standard 220 to 240V household outlets. North American operators need 220V service, typically available through a standard dryer or stove outlet with appropriate plug adapter. PSU ships included.
70 dB from dual air cooling fans sits between household appliances and Bitcoin mining hardware (75 dB standard). Louder than typical conversation but meaningfully quieter than most industrial ASICs. A dedicated room with a closed door, a garage, a basement, or a home office handles the noise comfortably for 24/7 operation. Not suitable for bedrooms, living rooms, or open offices. The 1,280W power draw also produces less heat than 3,500W+ Bitcoin miners, which makes ambient cooling in a small room more manageable.
Setup takes under 15 minutes. Step one: plug the PSU into the miner and into any standard 220V outlet using the included C13 power cable. Step two: connect Ethernet from the miner to your router or managed switch. Step three: power on and wait 60 seconds for boot. Step four: find the miner IP through your router's DHCP client list or a network scanner tool. Step five: open the IP in any web browser and log in through the Pinecone interface. Step six: navigate to the pool configuration section, enter your VersaHash pool URL, set your InitVerse (INI) wallet address as the worker name, save, and hashrate climbs to the expected 2.4+ GH/s range within 10 to 15 minutes.
Any VersaHash compatible pool accepts the INIBOX PRO through standard Stratum protocol. InitVerse pool selection is narrower than established networks because the ecosystem is smaller, but active pools include InitVerse's official pool infrastructure and community operated pools. Check the InitVerse project Discord and community forums for current pool recommendations because the pool landscape for newer networks evolves faster than established chains. Pool fees typically run 1 to 2 percent on VersaHash pools, slightly higher than major network pools reflecting lower total hashrate and infrastructure cost distribution.
Waiting carries specific and measurable opportunity cost on VersaHash hardware. Every day without mining is INI tokens permanently forfeited at today's difficulty. Current ROI projections of 176 to 200 days at $0.07 per kWh represent the favorable end of the return curve. Every unit of competitor VersaHash hardware that enters the network compresses that window. The INIBOX PRO at 2.4 GH/s is the highest hashrate Pinecone currently produces, and no imminent replacement has been announced. If you believe in InitVerse fundamentals and want exposure through mining, deploying now captures tokens that waiting surrenders.
No fixed answer. InitVerse difficulty adjusts upward as more INIBOX units and potential competitor ASICs deploy. The PRO at 533 J/GH has the best efficiency Pinecone currently offers, which extends its competitive window against both older Pinecone models and any future competitor hardware entering the market. Based on current difficulty growth patterns, expect 12 to 24 months of strong profitability with the window potentially extending further on cheap electricity below $0.05 per kWh. Monitor INI price and network hashrate monthly, and plan exit timing based on when daily revenue approaches daily electricity cost at your rate.
At 1,280W continuous draw, annual electricity consumption runs approximately 11,213 kWh per year. At $0.07 per kWh that is $785 annually. At $0.10 per kWh: $1,121 annually. At $0.04 per kWh industrial rates: $449 annually. Minimal maintenance costs (perhaps $50 to $100 annually for dust cleaning and occasional fan replacement). Internet connectivity and negligible network bandwidth. Total annual operating cost typically runs $500 to $1,200 depending on electricity rate. Against $15,844 annual gross revenue at April 2026 conditions, net annual returns comfortably exceed 80 percent of acquisition cost at current profitability.
Yes without issues. Each unit connects independently through Ethernet to your router or switch and operates autonomously with its own IP address, pool connection, and worker configuration. DHCP servers in standard consumer routers handle dozens of devices without problems. Electrical infrastructure is the practical constraint: at 5.8 amps per unit at 220V, most residential circuits handle 2 to 3 INIBOX PRO units comfortably on a single dedicated 20 amp breaker. For deployments above 3 units, either distribute across multiple circuits or consult an electrician about facility capacity.
Pinecone is a smaller manufacturer than Bitmain or MicroBT but has demonstrated ongoing commitment to VersaHash hardware development. The INIBOX series launched before any competitor offered dedicated VersaHash ASICs, and the V2.0 iteration released in 2026 shows continued product investment rather than abandoned support. The company provides a 12 month hardware warranty on direct purchases. Manufacturing track record is shorter than established ASIC makers, but the VersaHash category is also newer. For operators with higher risk tolerance prioritizing first mover economics on InitVerse, Pinecone is the only meaningful option.
Pinecone continues active development across the INIBOX product line with the V2.0 launched as a 2026 iteration, signaling ongoing manufacturer commitment. Direct purchases from Pinecone carry a 12 month manufacturer warranty. Distributor purchases may carry 6 month warranties depending on agreement terms. Warranty covers first year hardware defects under normal operation. MillionMiner routes warranty claims through direct Pinecone channels for customers purchasing through their platform. Documentation of operating conditions within specified ranges (5 to 40 degrees Celsius, 10 to 90 percent humidity) protects warranty coverage.
Pinecone's stock firmware provides limited tuning options through the web management interface. Third party firmware for VersaHash hardware is essentially nonexistent because the ecosystem is too small to attract developer attention. Most INIBOX PRO users run factory firmware at stock settings. The unit's real world output already averages 17 percent above rated spec per MineTheASIC testing, which provides more performance headroom than overclocking typically delivers on hardware already tuned conservatively. If Pinecone releases firmware updates with additional tuning options, those will deploy through the standard firmware update process.
Monthly dust cleaning with compressed air through the intake and exhaust vents to maintain cooling efficiency. Quarterly inspection of the dual cooling fans for bearing wear signs (unusual noise, reduced RPM). Semi annual firmware updates when Pinecone releases patches. Continuous ambient temperature monitoring to keep the unit within the 5 to 40 degree Celsius operating range. Budget approximately $50 to $100 annually for maintenance supplies and occasional fan replacement. Annual inspection of power connectors and Ethernet fittings for corrosion or loose connections.
VersaHash hosting options are narrower than Bitcoin mining hosting because the ecosystem is smaller and fewer hosting facilities support the algorithm. Contact MillionMiner directly to discuss hosting availability for InitVerse mining at their managed facilities. Alternatively, the INIBOX PRO's 1,280W power draw and 70 dB noise level make home deployment more practical than Bitcoin mining hardware, so hosting is less essential than for 3,500W+ industrial ASICs that genuinely require dedicated infrastructure.
First mover timing windows appear periodically in crypto mining when new proof of work networks emerge and dedicated hardware becomes available before difficulty adjusts. Historical examples include early Kaspa KS5 deployments before the Antminer KS7 launched, early Ethereum Classic mining on Ethash hardware, and early Nervos (CKB) mining on Blake2B ASICs. Returns compress as more hardware deploys and difficulty rises. The InitVerse window through the INIBOX PRO represents a currently open opportunity with documented 176 to 200 day ROI projections, which compares favorably to mature network ASICs running 1,000+ day ROI timelines.
MillionMiner ships the INIBOX PRO factory sealed at $7,982 per unit with 500 units currently in stock. Pinecone manufacturer warranty, PSU, and C13 power cables included in the box. Free DDP delivery worldwide covers all customs clearance, import duties, and value added tax. One price at checkout, no surprise charges at delivery. Delivery typically arrives within 4 to 7 business days to Germany and EU destinations, with international destinations taking 7 to 14 business days. MillionMiner routes warranty claims through direct Pinecone channels for faster resolution than secondary market purchases provide.
For operators building diversified ASIC portfolios across multiple proof of work networks, the Antminer KS7 at 45 TH/s covers Kaspa mining on similar 220V infrastructure. The Antminer S21 XP at 270 TH/s covers Bitcoin SHA-256 mining with 3,645W power draw requiring dedicated 240V 20A circuits. The Antminer S21+ at 235 TH/s provides capital efficient Bitcoin fleet deployment. The Bitdeer SEALMINER DL1 Air at 25 GH/s Scrypt covers Litecoin and Dogecoin merged mining. Mixing first mover opportunity (INIBOX PRO on InitVerse), established network exposure (Antminer S21 XP on Bitcoin), and alternative algorithm coverage (KS7 on Kaspa, DL1 Air on Scrypt) creates diversified mining revenue streams across networks with different risk profiles.