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xIHS, Backed by Real Value
In the rapidly evolving world of decentralized finance (DeFi), xIHS provides a tangible and sustainable alternative. xIHS stands out from other token investments in that it is backed by real value. Unlike many token projects in the crypto space that rely on speculation alone, xIHS is anchored by the real-world assets and operations of Infinity Hash, a community-driven Bitcoin mining project that has been making waves since its inception in June 2023.
What is xIHS?
xIHS is a tokenized version of staked Infinity Hash Shares (IHS) on the Solana blockchain. Each IHS share is fully backed by actual Bitcoin mining hardware, and its owners are entitled to daily Bitcoin rewards. Central to Infinity Hash’s goal of sustainability is the reinvestment model. While 50% of the total rewards obtained are directly credited to IHS holders, the other 50% are reinvested into additional equipment and to finance any repairs necessary. This reinvestment strategy ensures that the hashrate backing each share grows over time, boosting the value and profitability of IHS and the price of xIHS.
xIHS, being the tokenized counterpart of IHS, inherits all of its properties. It is not just a token, it’s a real, value-backed asset that represents a stake in a profitable, tangible operation. Moreover, xIHS offers a higher profitability than IHS, as it also benefits from a 50% revenue share from Infinity Hash’s operations.
Another key difference between xIHS and IHS is that while IHS holders receive daily reward transactions, xIHS rewards are automatically compounded and their holders may realize their profit simply by selling the token. This can be advantageous, as in some jurisdictions every transaction would constitute a taxable event.
How Does xIHS Work?
So, if xIHS holders do not receive transactions, how do they profit? How do they receive rewards? As mentioned, the xIHS token is backed by IHS, which are participations in Infinity Hash’s mining operation. But how do you go from IHS to xIHS? Here’s how it works:
When IHS investors put their IHS into the staking pool, they receive xIHS tokens in return. The rewards generated by the IHS in the staking pool are automatically used to buy additional IHS. Once the xIHS token holder decides to unstake, they will receive the IHS that was put to stake, plus all the IHS that was bought using the rewards generated.
The number of xIHS tokens received upon staking IHS is based on the current ratio between IHS and xIHS. This ratio increases with time because the mining rewards generated by the staked IHS automatically increase the amount of IHS backing each xIHS token. This compounding effect means that over time, the value of xIHS tokens grows steadily without the need for any transactions and without requiring any action from the investor.
While it is possible to unstake xIHS and receive IHS, a xIHS holder does not need to do this to realize their value. Instead, they may choose to withdraw the xIHS and sell it. The buyer of this xIHS will then be entitled to unstake it at any point to receive the IHS. As mentioned, since the amount of IHS in the staking pool backing the xIHS is growing, the backing for the xIHS token constantly grows, increasing its value.
Transparency and Real Value
Transparency is perhaps the top priority for Infinity Hash. As a community project, it is very important that all share holders are able to view the activity of the miners and follow the rewards from the moment they are generated until they are credited to them every day. This information is made public through the independent data provided by the mining pool Infinity Hash uses:
Apart from tracking performance and earnings, each miner is assigned an individual tracking number to be able to distinguish data corresponding to individual machines. This tracking number can be checked in the miner list of the mining pool, and is also visible in the monthly transparency reports and weekly update posts on the Infinity Hash blog.
Thanks to this, everyone can follow to the last detail exactly when, how and for how much every miner was bought; as well as other information such as model, performance and historical earnings.
Flexibility and Other Opportunities
Beyond its transparency and tangible value, xIHS offers unparalleled flexibility in the Bitcoin mining investment space. Infinity Hash’s approach removes all technical expertise and capital requirements. Additionally, the xIHS token does not require any sort of lock-up period, providing investors with a hassle-free experience. xIHS holders can easily withdraw their tokens, sell them on any Solana DEX, or trade them on centralized exchanges such as CoinEx. This flexibility allows investors to manage their investments as they see fit, with the ability to cash out at any point, making xIHS not only profitable but also convenient.
Additionally, xIHS presents attractive arbitrage opportunities within the DeFi space. For example, as of today, xIHS tokens are trading at around $1.60 on CoinEx and Raydium, compared to an official dashboard price of $2.39. This discrepancy offers a significant discount for savvy investors, who are able to buy the token at a discount.
Infinity Hash also compares favourably to large Bitcoin mining giants. Infinity Hash’s cost per Terahash (TH/s) via xIHS is about $14, compared to $60 for the most affordable public mining company. This clear price advantage, combined with the daily compounding rewards, positions xIHS as an ideal asset for DeFi investors looking to maximize their returns with minimal risk.
Conclusion
xIHS isn’t just another token in the crowded DeFi landscape—it’s a robust, value-backed asset that offers investors a unique way to participate in Bitcoin mining. With its transparent operations, continuous reinvestment strategy, and flexibility in trading and withdrawals, xIHS represents a significant advancement in the world of decentralized finance. For those looking to diversify their portfolios with a stable, income-generating asset, xIHS offers an unmatched opportunity. As Infinity Hash continues to expand and innovate, xIHS is poised to become a cornerstone of profitable and sustainable investment in the Bitcoin mining sector.
