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The Importance of Transparency
In the fast-paced and often opaque world of Bitcoin mining projects, Infinity Hash understands the importance of offering transparency at every level of their operations. Investors must be able to check where their money is being invested, trace all transactions, and fully understand every aspect of the business. In order to build trust, they need to see tangible proof that rewards are actually being generated and credited in the expected way. That’s why Infinity Hash has taken the necessary steps to offer as many transparency options as possible. These you can find by clicking on the question mark icon on the top right of the main dashboard.
In this article, we’ll explore the various measures that Infinity Hash has taken to offer transparency, enhance user engagement, and foster long-term relationships with its community.
ViaBTC Website: Real-Time Mining Insights
Infinity Hash uses ViaBTC as its mining pool. ViaBTC is one of the most popular mining pools, and it provides a lot of real-time useful data on mining. On ViaBTC’s website, users are able to monitor Infinity Hash’s mining performance, the status of all mining machines, and track all transactions. This open data environment ensures that users can independently verify the company’s claims and performance.
ViaBTC’s Main Page
Серия main page displays information such as last 24 hour profit and current hash rate. Here you can also check the amount of miners that are currently active.
Workers Tab
This is a list of all mining machines currently in use by Infinity Hash. This tab provides data on them such as their status and the hash rate they provide.
Earnings Tab
Серия earnings tab can be used to monitor the rewards earned by Infinity Hash’s mining operation. This page provides a detailed breakdown, that allows you to see how much of the earned rewards came from block rewards (PPS profit) and how much from fees (PPLNS profit). In addition to this, a breakdown by merge-mined coins is also available.
Assets Tab
This tab displays a list of all assets currently on Infinity Hash’s account, and provides access to a transaction history. Thanks to this, users are able to verify all withdrawals and compare them with the data seen in the public reinvestment and electricity wallets.
Public Electricity and Reinvestment Wallets
Transparency extends to Infinity Hash’s transaction practices through its public electricity and reinvestment wallets. These wallets are accessible to anyone using a blockchain explorer, allowing the community to verify where the company allocates its funds. By openly sharing this information, Infinity Hash ensures that every transaction, from paying operational costs to reinvesting in infrastructure, can be tracked and scrutinized.
The Electricity Wallet
Серия electricity wallet is where Infinity Hash sends funds to be used to pay for the electricity necessary to run the mining machines. These funds are obtained by swapping the BTC rewards for USDT.
The Reinvestment Wallet
After deducting the funds to cover electricity costs, 50% of the net rewards are sent to the reinvestment wallet. These funds are then used to fund repairs and replacement of old machines. Additionally, if funds are available but no machines need to be repaired, Infinity Hash uses this budget to purchase mining machines without issuing any additional shares.
Еженедельные обновления
To keep the community well-informed, Infinity Hash publishes weekly updates that cover all aspects of its operations. These updates include progress on website developments, farm installations and equipment upgrades. The weekly articles also feature the latest social media content, including pictures and videos from the mining farms. This helps to give users a view of the day-to-day workings of Infinity Hash.
You can follow these weekly updates on Infinity Hash’s official blog и Linkedin page.
Monthly Transparency Reports
For a more in-depth look at its mining operation, Infinity Hash publishes a monthly transparency report. This report covers key aspects such as mining hardware, profit distribution, and energy expenses. Each report includes a complete profit overview, detailing the total Bitcoin mined, the funds paid out to community members, and the amounts allocated to the reinvestment wallet. For instance, in October 2024, the project mined 2.21 BTC, with 0.37 BTC distributed as profits and 24,203 USDT allocated to reinvestments, while electricity expenses amounted to 96,465 USDT.
Beyond financial transparency, the report also offers a hardware overview, listing new miners added, their power consumption, and average costs. This ensures the community remains informed about every machine mining in the farm. The monthly transparency report can also be read on Infinity Hash’s official blog и Linkedin page.
Live Video Feed: 24/7 Farm Monitoring
Another transparency measure implemented by Infinity Hash is a live video feed from the mining farm. Cameras installed inside the container provide continuous footage of the mining operation, allowing users to observe the miners in real time. This offers a clear view of daily activities, including equipment maintenance, giving users additional insight into Infinity Hash’s processes.
Social Media Presence
Infinity Hash’s social media pages offer immediate updates and insights into the company’s activities. Platforms like Twitter, LinkedIn, and YouTube allow users to stay informed. Here, the company shares a wide range of content, from farm photos and operational videos to thought leadership articles on mining and cryptocurrency trends. Social media also serves as a platform for engaging with the community, answering questions, and providing quick updates on any changes or developments.
Follow Infinity Hash:
Following Infinity Hash’s social media is the best way to stay up to date of all new developments. The team is also happy to reply to any questions you may have. Stay connected with Infinity Hash on:
AMAs and Open Communication
Although the Infinity Hash team strives to communicate everything as well as possible, users might still have some questions about the project. In order to answer these, and according to how much demand there is, the team engages in Ask Me Anything (AMA) sessions and other open forums. These sessions provide a good opportunity for people to interact with the team, ask specific questions about operations, and gain deeper insights into Infinity Hash’s strategies and goals.
Community Votes
Besides direct transparency measures, Infinity Hash also values its community’s input. This is why the team regularly holds votes on critical matters. These community votes empower users by giving them a direct influence on the project’s direction. In these votes, investors have voting power proportional to the size of their investment. You can find the present and past community votes здесь.
Conclusion: A Standard for Transparency
Transparency is at the heart of Infinity Hash’s mission to build trust and foster long-term relationships with its community. Through comprehensive measures like real-time data from ViaBTC, publicly accessible wallets, and detailed reports, users are empowered to verify operations independently. Weekly updates, active social media engagement, and open forums such as AMAs further strengthen the connection between the team and its community. By incorporating community votes, Infinity Hash not only keeps its operations transparent but also ensures that its users have a say in shaping the project’s future, creating a truly collaborative ecosystem.
Ready to see transparency in action? Explore Infinity Hash’s dashboard today and experience first hand how they’re redefining trust in Bitcoin mining.
