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Pinecone INI Box 850M: a small black ASIC with a honeycomb fan grille and three 6-pin PCIe DC inputs on top, shown on a supplier's stock-image collage.

Pinecone INI Box 850M – 850 MH/s InitVerse Miner, 480W, No PSU

The Pinecone INI Box 850M is a compact single-coin ASIC that mines InitVerse (INI) on VersaHash at a rated 850 MH/s for 480 W — roughly 0.588 J/MH.

  • Noise and size: ≤ 60 dB and about 3 kg — one of the few current ASICs genuinely liveable in a home or small office
  • No PSU, and no AC inlet: it takes DC through 3 × 6-pin PCIe from a separate supply, which this listing does not include
  • The title’s “Input Voltage 220V”: describes what you feed the PSU, not the miner. The mains side is entirely the PSU’s problem
  • On the power figure: this listing says 480 W and some vendors publish 500 W for the same machine. We have not metered one. Budget the PSU for 500 W-plus continuous
  • Single-coin risk: a VersaHash ASIC mines InitVerse and nothing else, with no established resale market and no independent repair channel we are aware of

Price:

$1,128.70

1 in stock

Key specifications

Hashrate
850 MH/s
Power draw
480 W — see the note below on 480 W vs 500 W
Efficiency
~0.588 J/MH at the rated figures
Input voltage
3 × 6-pin PCIe from an external PSU
Noise
≤ 60 dB
Algorithm
VersaHash
Full specification table
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Buying from ING Mining

  • Shipping$49.99 UPS GroundThe rate the checkout will charge on this item, read from the store’s own shipping settings rather than estimated. Ships from the US within 7 business days.
  • ConditionNot stated — askThis listing states no condition grade, so neither do we. Ask before you pay and we will put in writing what we actually have.
  • GradingGraded before listingThis unit’s own grade is in the description above — where a listing states none, it says so. The six-step bench procedure behind a grade is published in full.
  • WarrantyStated per unit, not per storeAny term for this machine is in the description above. Ask for the return terms on this exact unit before you pay — full terms are in the Shipping & buying tab below.
Questions+1 (781) 577-0377 or ns@ingmining.com — who we are

Sold by ING Mining LLC — ING MINING® is a registered U.S. trademark.

Live Chat
  • Condition graded per unit: new, tested working, refurbished or as-is
  • Warranty and returns stated per unit, not per store
  • Ships UPS Ground within 7 business days

Description

The Pinecone INI Box 850M is a compact single-coin ASIC that mines InitVerse (INI) on the VersaHash algorithm at a rated 850 MH/s for 480 W, which works out to roughly 0.588 J/MH. At a published 60 dB or below and about 3 kg, it is one of the few current ASICs that is genuinely liveable in a home or small office, rather than a machine that only makes sense in a shed.

Pinecone INI Box 850M specifications

Model Pinecone INI Box (INIBOX) 850M
Algorithm VersaHash
Coin InitVerse (INI)
Rated hashrate 850 MH/s
Rated power 480 W — see the note below on 480 W vs 500 W
Efficiency ~0.588 J/MH at the rated figures
Noise ≤ 60 dB
Weight ~3.05 kg
DC input 3 × 6-pin PCIe from an external PSU
Network Ethernet (RJ45)

What’s in the box

  • 1 × Pinecone INI Box
  • No power supply. This listing states the PSU is not included — budget for one separately
  • Nothing that is not listed above. Cords, controllers, brackets and spares are only included when this listing names them — if you need to know before you pay, ask on +1 (781) 577-0377 or ns@ingmining.com and we will confirm in writing what is physically in the crate

Read this before you order: the PSU is not included

The box has no AC inlet. It takes DC through three 6-pin PCIe connectors from a separate power supply, which is not part of this listing. The “Input Voltage 220V” in the title describes what you feed the PSU, not the miner — the unit itself will run from a 110 V or a 220 V supply, because the mains side is entirely the PSU’s problem. Any server or mining PSU with three spare 6-pin outputs and about 600 W of headroom will do it. If you want us to confirm a PSU will drive it before you buy, ask.

On the power figure: this listing and the eBay source say 480 W, and some other vendors publish the same machine at 500 W. We have not metered one, so we are quoting the listed 480 W and telling you the spread exists rather than picking whichever number reads better. Either way, budget the PSU for 500 W-plus continuous.

The honest argument for and against a single-coin box

The case for it is real: it is quiet, it is small, it draws less than a hair dryer, and it does a job no SHA-256 machine can do. The case against it is equally real and you will not read it on most storefronts — a VersaHash ASIC mines InitVerse and nothing else. There is no second chain to fall back to, no established resale market of the kind an S19 has, and no independent repair channel we are aware of. A Bitcoin miner that stops being worth running is still worth something to somebody; a single-coin box is worth whatever that one coin is worth. Buy it because you want exposure to INI and you have looked at that project yourself, not because a hashrate number looks cheap.

If that trade appeals but you would rather back a different chain, the IceRiver AE3 (Aleo) and the Antminer KS5 Pro (Kaspa) are the same class of bet on different networks, and the rest of the single-coin hardware is in XTM / ALEO / KAS / Dash / CKB miners. For how to think about efficiency and running cost generally, the ASIC miner buying guide has the arithmetic. Everything we stock is on the miner list.

Condition and warranty

This listing does not state a condition grade or a warranty term, so we are not going to imply one. Before you buy, ask us and we will tell you what we actually have — new sealed, opened, bench-tested, or untested — and put any coverage in writing. Ask us about this unit.

Questions buyers ask about this machine

How loud is it?

≤ 60 dB — about as loud as a busy office, and it does not stop. That is quiet enough to be liveable in a garage or utility room, though it still runs continuously.

What can I mine with it?

The algorithm is VersaHash, and ASIC silicon is single-purpose: it will mine coins on that algorithm and nothing else, whatever the price of anything else does.

Shipping cost for this exact item, and how warranty and returns work here, are answered in the Shipping & buying tab on this page. Anything else, ask a person on +1 (781) 577-0377 or ns@ingmining.com — we would rather talk before you buy.

Related hardware and where this sits in the store

At 480 W this sits in the band a home solar array can genuinely carry — about 3.2 kW of panels for round-the-clock running. See what size solar array each miner needs.

Other non-SHA-256 machines for the same algorithms:

Category: XTM/ALEO/KAS/Dash/CKB Miner and Air Cooling.




Where this listing sits

This listing is filed under no condition category, deliberately. That happens when we do not know the condition well enough to put it on a shelf, and we would rather say so than guess. Ask us before you order and we will tell you exactly what we have.

What our grades mean

These are the only words we use, and each one means a specific thing. They are not interchangeable and we do not soften them to move stock.

NewUnused stock. Factory sealed unless the listing says otherwise — “new, open box” means exactly that, and the listing will say it.
Tested workingSecond-hand, and it ran on our bench at the hashrate the listing states. We measured it; we are not repeating what the last owner told us. Expect cosmetic wear.
RefurbishedTested working, plus work done: cleaned, thermal paste and fans dealt with, failed components replaced. The listing says what was actually done to that unit rather than using the word as decoration.
As-is / for partsSold with no working claim at all, at a price that reflects it. Buy these to repair or to harvest. If a listing says as-is, assume it does not hash until you have proved otherwise.
UntestedWe have it, we have not powered it, and we are not going to pretend we did. Rarer than as-is and always stated explicitly.

What a grade here does not mean

  • Cosmetic wear is not a fault. Dust, scratches, scuffed labels and discoloured plastics are normal on hardware that has been earning. We photograph what we have; if the pictures matter to you, ask for more and we will take them.
  • A grade is not a warranty. Warranty terms are stated per listing, never per store — see the Shipping & buying tab. A tested-working grade describes what the machine did on our bench, not what we owe you in six months.
  • A boosted hashrate is not a spec. Where a unit ships on tuned firmware we say so and we give the factory figures too, because overclocking raises power faster than it raises hashrate — a tuned machine is less efficient per terahash than stock, not more.
  • We will not invent a grade to fill a field. If a unit came in without history and has not been through the bench, its listing says that.

How the grade gets decided

A used-hardware seller who will not tell you how they test is asking you to take the grade on trust. Ours is published: the six-step bench procedure every machine goes through, and the five measurements that get recorded — per-board hashrate, chip count, measured wall power rather than the nameplate figure, hardware error rate, and temperature under sustained load. When it reaches you, run the 48-hour acceptance test straight away, while the freight claim window is still open.

Buying second-hand for the first time? How to buy a used ASIC miner without getting burned is the long version, written from the repair bench rather than from a spec sheet.

Shipping

Shipping this item inside the United States costs $49.99 by UPS Ground — that is the rate the checkout will charge, read from the store’s own shipping settings, not an estimate. Orders ship within 7 business days.

Outside the United States the checkout quotes a flat international rate. On multi-unit or pallet orders, contact us before ordering so freight to your destination can be confirmed properly. What to check when the pallet arrives, and how a freight claim works, is covered in the mining hardware shipping guide.

What to do the day it arrives

Photograph the pallet or the box before you open it, and keep the packaging until you are satisfied. Freight claim windows are short, and damage found on day two is a conversation while damage found on day thirty is an argument.

Then run the 48-hour acceptance test straight away, while that window is still open. It is the same ground our own bench covers, so you can compare like for like: how the grade on this listing was arrived at, and the five measurements we record, are set out in the Condition & grading tab on this page.

Condition, warranty and returns

Condition: Condition not stated on this listing, so none is claimed — ask and we will confirm in writing.

Warranty is stated per listing, not across the catalogue. Some units carry a manufacturer term and say so above, naming the term and the date it runs from. Many units, particularly used and AS-IS stock, carry none, and those listings do not claim one. There is no blanket warranty covering a catalogue that runs from sealed factory stock to a hashboard sold for parts. For what a mining warranty normally covers, see ASIC miner warranty explained.

Returns: ask for the terms on this unit before you pay. No single returns window is published for the whole store, because the sensible terms on a tested working machine and on a board sold AS-IS for parts are not the same terms. Email or call and ask what applies to this exact item — it is a two-minute conversation and a great deal cheaper than a dispute.

Where you are going to run it

Two questions decide whether a machine like this works where you live, and neither of them is about the miner: can the circuit carry it, and what does your electricity cost? Most full-size machines here want a dedicated 240 V circuit and run at 70–75 dB continuously. A few do not — the Avalon Q publishes 45–65 dB and runs on 110–240 V — so read the voltage and noise figures on this listing rather than assuming. ASIC miner power requirements covers breaker sizing and what the install actually involves; cooling covers where the heat and the noise end up.

If your power is not genuinely cheap, hosting is the question to be asking instead of which miner to buy. Break-even electricity rate is hashprice divided by (24 × J/TH), and hashrate cancels out of it entirely — which is why a cheap old machine on expensive power loses money faster than an expensive new one does. The buying guide has the arithmetic; work out your own number before you buy anything.

If hosting is the answer, get written answers on three things before you sign: who pays for repairs, what the uptime commitment actually pays out when it is missed, and how curtailment is handled. A flat per-machine monthly rate is where most of the unpleasant surprises live. Types of mining farm compares the models and hosting versus cloud mining covers why owning the hardware is the better end of that trade. Ask us before you commit — it is a five-minute call and a great deal cheaper than a contract you cannot get out of.

What we do once it is racked, wherever that is. Deployment, firmware and monitoring are a service we run rather than a line on a page: pool and network setup, Braiins OS or VNish tuning, offline alerts, and board-level fault-finding when a machine stops hashing — ASIC mining consulting sets out what that covers. The hosting agreement itself is between you and the facility. What we can give you is the number most hosting disputes turn on: what this machine measured at the wall on our bench, so a shortfall on site is a figure to compare against rather than an argument about what it should have been doing.

Who you are buying from

ING Mining LLC, Hanson, Massachusetts. ING MINING® is a registered U.S. trademark; our marketplace feedback is on the reviews page and the longer version of who we are is on about. Reach a person on +1 (781) 577-0377 or ns@ingmining.com.

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