Thanks to both Lanny and Allan Jones, things are getting clearer due to your explanations.
All this is regarding a late 2014 Mac mini that I found on Craig's List. Here are the specs as given by the poster: Late 2014 Apple Mac mini, 2.6ghz Intel i5 cpu, 8gb ram, 1Tb hard drive.
Looking at the Apple Support Technical Specifications web page I believe it to be this configuration:
Processor: 2.6GHz dual-core Intel Core i5 (Turbo Boost up to 3.1GHz) with 3MB on-chip shared L3 cache.
Storage: 1TB (5400-rpm) hard drive.
Memory: 8GB of 1600MHz LPDDR3 memory.
So, it looks very possible that this mini may have just a 5400 RPM hard drive. My goal would be to remove a 500GB SSD from my 2017 iMac (with cracked glass, don't ask!) running Big Sur, mount that SSD in the mini, and I should be good to go. At least that's the plan.