Contents
This is our second post in the Infinity Hash Weekly Update series for August 14, 2023.
We have made some improvements and added charts to provide better visual information and transparency. This way any community member can form an objective opinion about the long-term health and status of the Infinity Hash project.
We hope you like the charts and will find them useful. You can always get a full overview of past charts and numbers on the Weekly Updates page.
Project Updates
Infinity Hash in Numbers
This week we saw an increase in all metrics and most importantly we were able to increase the Infinity Hash price by over 8% from $0.80 to $0.87. The jump in generated rewards is mostly due to 2 new miners added this week and the full effect of last week’s 3 new miners. These are the numbers for week 32, 2023 from 2023-08-07 to 2023-08-13.
| Metric | Current data | Change |
|---|---|---|
| Total Miners | 41 Miners | + 2 Miners |
| Total Hashrate | 5.0 PH/s | + 0.3 PH/s |
| Toplam Hisse | 102,513 Shares | + 5122 Shares |
| Hisse Fiyatı | $ 0.87 | + 8.75 % |
| Rewards generated | 0.0801 BTC | + 17.11 % |
| Reinvested | 512 USDT | + 83 USDT |
| Electricity paid | 1323 USDT | + 186 USDT |
Miner and Farm Updates
We added 2 new miners this week which increased the community pool hashrate by 246 TH:
| Model | Hashrate | Source | Workder ID |
|---|---|---|---|
| Whatsminer M50 | 120 TH | Share sale | xs105x14p17 |
| Whatsminer M50 | 126 TH | Share sale | xs106x45p4 |
As always with Infinity Hash, you can view the full worker list online for transparency: Infinity Hash worker list. The worker IDs in the table correspond to the worker IDs on ViaBTC.
Maintenance and Downtimes
This week we had two incidents, one was a technical problem at the ViaBTC pool the other was construction work:
- Technical issue on August 7th: Due to technical issues during a system update at ViaBTC, there was no pool payout on 2023-08-07. The missing rewards were paid out together with the next day’s rewards. Therefore, you will see no rewards and reinvest numbers for August 7th and about double the amount for August 8th.
- Construction work on August 12: Unexpected construction was taking place near our mining operation, and the power was shut off for safety reasons. This shutdown only lasted a few hours and was used as an opportunity to clean and maintain the miners and replace some fans. Out of the entire pool, only about 0.185 PH of hashrate was affected (3.77%).
- This week’s uptime was: 99.46 %
Announcements
100,000 shares sold – 500 share community giveaway!
On August 10th, we launched our 500 Infinity Hash Share Giveaway to celebrate reaching the milestone of 100,000 sold Infinity Hash shares. Be sure to share this post with friends who might like Infinity Hash. The giveaway will run until the end of the month when 3 winners will be randomly selected from all accounts. Important: The 500 shares are a giveaway and a thank you to our community. Only community members who own Infinity Hash shares are eligible to win!
BTCPay Server – Better deposit options
We are pleased to announce, that we are in the final stages of integrating BTCPay Server as a payment option for all available products. If all goes well with the final integration steps and testing, we hope to be able to activate BTCPay Server sometime next week. We will announce the integration as soon as possible and keep you updated in the next Weekly Update.
Links and Outlook
Socials and Support:
We are starting to get more active on Twitter this week and will be sharing new insights from the mining farm as well as additional information and updates on the Infinity Hash project. You can find our Twitter profile here.
Transparency:
- ViaBTC Pool: Get a complete and transparent overview of the Infinity Hash mining pool.
- ViaBTC Workers: A detailed live list of all miners in the Infinity Hash pool, including their current status
- Reinvest Wallet: The reinvest wallet where 50% of all profits are sent to buy new miners for the community. You can see incoming reinvest transactions under “Transfers” in the form of incoming USDT transactions. The wallet address is:
TMaymjtdjGkS7n2uHbGQX2emznyD6pZVx4 - Electricity Wallet: The electricity wallet is used to pay all electricity costs for the Infinity Hash Pool. As with the Reinvest wallet, you will find all incoming USDT transactions under “Transfers”. The wallet address is:
TBy6NqQRUUQetSA8yeNgDBs6mh43hmcSm5
Outlook and Mining Forecast
Together with the 2 new miners for the pool we are looking forward to a good week with lots of updates for the project.
Weather conditions
We expect a very dry week with a low chance of rain on two days and an average temperature of 20.2°C / 68.4°F at the mining farm. These are slightly hotter mining conditions than last week and should result in slightly reduced performance.
As always, it was a pleasure to provide you with the latest information on the Infinity Hash project. We wish our community a great start into the week and happy mining together!
