Pinecone Technology Limited is a pioneer in the distributed network hardware ecosystem, focusing on the standardization of blockchain hardware infrastructure.
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The Pinecone Matches INIBOX is a specialized, compact ASIC miner designed to mine the InitVerse (INI) cryptocurrency using the VersaHash algorithm. Released around July 2025, it provides a high hashrate of 850 MH/s with a power consumption of approximately 500W.