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 Weekly Updates page.

Project Updates

Infinity Hash in Numbers

These are the numbers for week 1, 2024, from 2024-01-01 to 2024-01-07.

MetricCurrent dataChange
Total Miners110 Miners+ 3 Miners
Total Hashrate13.73 PH/s+ 0.52 PH/s
Toplam Hisse245,639 Shares+ 3338 Shares
Hisse Fiyatı$ 2.72– 6.53 %
Rewards generated0.18478498 BTC+ 10.81 %
Reinvested2220 USDT+ 300 USDT
Electricity paid3583 USDT+ 311 USDT
Infinity Hash’s metrics for the week ending January 7, 2024 – compared to the week before

Miner and Farm Updates

This week, we added 3 new miners, increasing the community pool hash rate by 369 TH.

ModelHashrateSourceWorkder ID
Whatsminer M50127 THReinvestIH108
Whatsminer M50122 THShare saleIH109
Whatsminer M50120 THShare saleIH110
New Miners added to Infinity Hash from 2024-01-01 to 2024-01-07

Maintenance and Downtimes

This week, we had no noteworthy events, with an uptime of about 99%.


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


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: Şeffaflık Raporları.

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.

Outlook and Mining Forecast

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!

Похожие записи