Bullet ice refers to the ice cubes that are shaped more or less like a bullet. Visually speaking, bullet ice is cylindrical in shape and has a rounded tip on one end. Since it is usually hollow in the middle, it melts more quickly. Bullet ice is most commonly found in commercial ice makers in hotels and self-serve dispensers.  Another name for bullet ice is pearl ice precisely because of its cloudy or white color. It is often an ideal choice for mixed drinks. Additionally, they’re often compatible with carbonated drinks.