I believe that Verizon FIOS can move a GB that fast, although the plan that the average perosn would get, it would take closer to 2 minutes to move a GB. However, the WiFi would be the limiting factor in that case and you would be looking at a few minutes to move a GB of data over a perfect WiFi setup.umm i dont think its possible to back up 1gb in 1 minute even if over wifi at standard modern internet speeds....