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This is our twenty-third post in the Infinity Hash Weekly Update series for January 8, 2024.
This week, the Infinity Hash share price stabilized with a profit increase of more than 10% and 3 new miners added to the community pool. Apart from these metrics, we’ll take a quick look at what next week might bring with news about development and a potential Bitcoin ETF launch in calendar week 2, 2024.
You can always get a full overview of past charts and numbers on the Página de Actualizaciones Semanales.
Actualizaciones del proyecto
Infinity Hash en números
Estas son las cifras de week 1, 2024, from 2024-01-01 al 2024-01-07.
| Métrico | Datos actuales | Cambio |
|---|---|---|
| Total de mineros | 110 Miners | + 3 Miners |
| Hashrate total | 13.73 PH/s | + 0.52 PH/s |
| Total de Acciones | 245,639 Shares | + 3338 Shares |
| Precio de Acción | $ 2.72 | – 6.53 % |
| Recompensas generadas | 0.18478498 BTC | + 10.81 % |
| Reinvertido | 2220 USDT | + 300 USDT |
| Electricidad pagada | 3583 USDT | + 311 USDT |
Minero y Actualizaciones de la Granja
This week, we added 3 new miners, increasing the community pool hash rate by 369 TH.
| Model | Hashrate | Source | Workder ID |
|---|---|---|---|
| Whatsminer M50 | 127 TH | Reinvest | IH108 |
| Whatsminer M50 | 122 TH | Share sale | IH109 |
| Whatsminer M50 | 120 TH | Share sale | IH110 |
Maintenance and Downtimes
This week, we had no noteworthy events, with an uptime of about 99%.
Anuncios
We have two smaller announcements for the coming week:
- Dashboard updates: There will be a few long-awaited dashboard updates finished in the coming week, including improved deposit and withdrawal options, as well as a more detailed affiliate page. If we are fast enough, we will also be able to finally integrate Lightning payments for Bitcoin deposits.
- Farm updates: We expect a bigger delivery of new Whatsminer M50s to our farm. This will help us speed up preparations for the upcoming halving event in about 100 days. We’ll make some videos or pictures to share on social media to keep everyone updated :).
News, Links and Outlook
News
Heads up for a potential Bitcoin ETF launch! This week we might see a true Bitcoin ETF actually going live, which could lead to a nice price increase for Bitcoin itself since the involved parties have to buy BTC from the open market. For Infinity Hash, this would lead to substantially increased profits, based on how much the price of Bitcoin increases. Most news outlets expect an ETF launch on Wednesday this week.
Infinity Hash Articles and Socials
Last week, we released transparency report #4 for December 2023. You can read and download it here: Reportes de Transparencia.
Important Mining News this Week
It seems like we will see a pretty big difficulty adjustment in about 2 weeks (on January 22nd). It is currently estimated to drop the overall mining difficulty by about 12% (from 73 T to 64 T). This would result in significantly higher profits and a higher share price for Infinity Hash. Reasons for the high adjustment could be lowered profitability for many farms due to the steep increases over the last 30 days (nearly 8%), forcing them to shut down miners during the day and use night energy.
Perspectiva y Previsión de Minería
For the coming week, we expect more or less stable rewards and maybe a small continued decrease in share price due to high network difficulty. If the Bitcoin ETF increases Bitcoin’s price significantly, we could also see a sharp increase in share price due to high profits.
Weather conditions
The forecast for this week shows slightly higher temperatures, with an average of -21.8°C / -7.1°F. These are still great temperatures for mining that provide optimal cooling conditions.
As always, it has been a pleasure to provide you with the latest information on the Infinity Hash project. We wish our community a great week and happy mining together!
