This is our 63rd post in the Infinity Hash Weekly Update series for Oct 14, 2024.

This week we added a few new miners and activated the new SPX6900 (SPX) reward pool and finished some development on the statistics page. Mining profits for Infinity Hash went up with no downtime and the share price for IHS going down together with Bitcoin. This marks the last week of 2024 with the project miners running in normal power mode.

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 41, 2024, from 2024-10-07 to 2024-10-13.

MetricCurrent dataChange
Total Miners793 Miners+ 15 Miners
Total Hashrate100.36 PH/s+ 1.41 PH/s
Toplam Hisse882,330 Shares– 12,714 Shares
Hisse Fiyatı$ 3.14– 7.65 %
Rewards generated0.51016134 BTC+ 6.35 %
Reinvested5290 USDT+ 933 USDT
Electricity paid21217 USDT– 52 USDT
Infinity Hash’s metrics for the week ending Oct 13 2024 – compared to the week before

Dashboard and Feature Updates

SPX6900 (SPX) reward pool and dashboard support

Based on community demand and good feedback on social media, we added SPX (SPX6800) as a reward pool and activated full swap, wallet and withdrawal support. SPX is a meme coin with a fun and dedicated community, and we look forward to finding out how it does.

grafik 18 png - Infinity Hash: Key User Feedback and Potential Improvements
SPX already rose up between KAS and Fractal Bitcoin in TVL within the first 24h

As always, all non-BTC reward pools are fully backed by 100% Bitcoin mining and exist for your convenience. This way, you can steadily DCA (dollar cost average) into your favorite coins and tokens using your daily mining rewards.

Statistics page development update

We nearly finished the first half of the long-awaited statistics page. The new data includes a total PNL (profit and loss) analysis, as well as average purchase price details for IHS and xIHS. Apart from the total pool hash rate and miner count of the project (which have been displayed on the main page of the dashboard before), they are now available on the statistics page.

grafik 24 - Infinity Hash: Key User Feedback and Potential Improvements

We are crunching all numbers one last time to make sure all displayed data is correct and will push the update to all users in the coming 1–2 days. After that, we are going to activate the tax export feature.

Miner and Farm Updates

This week, we added 15 new miners, increasing the community pool hash rate by 1800 TH.

ModelHashrateSourceWorkder ID
Whatsminer M50120 THShare saleIH778
Whatsminer M50120 THShare saleIH779
Whatsminer M50120 THShare saleIH780
Whatsminer M50120 THShare saleIH781
Whatsminer M50120 THShare saleIH782
Whatsminer M50120 THShare saleIH783
Whatsminer M50120 THShare saleIH784
Whatsminer M50120 THShare saleIH785
Whatsminer M50120 THShare saleIH786
Whatsminer M50120 THShare saleIH787
Whatsminer M50120 THShare saleIH788
Whatsminer M50120 THShare saleIH789
Whatsminer M50120 THShare saleIH790
Whatsminer M50120 THShare saleIH791
Whatsminer M50120 THShare saleIH792
New Miners added to Infinity Hash from 2024-10-07 to 2024-10-13.

We have some BIGGER farm updates on the way and will provide them on social media over the week and as a summary in our next weekly update!

Announcements

#2 share supply burn

We just burned 5000 IHS worth over 15k USD at the current and worth over 20k USD based on the average purchase price on October 13th, 2024. This will increase rewards. We are looking forward to continue with more burns over time.

High power mode is coming back

The last week has provided us with sufficiently low and stable temperatures, which means we will start enabling high power mode on the first containers and miners. This will significantly improve profits over the winter. We’ll update you as soon as all miners are switched to high power mode, and you’ll most likely see it in increased rewards over the next few days.

Links and Outlook

Infinity Hash Articles and Socials

Weather conditions

The current weather conditions at the mining farm are: Clear. Chilly. Current temperatures at -2.95°C / 26.69°F provide excellent cooling conditions, with the weather forecast showing a downward trend in temperatures. This should result in increased profits.

Şeffaflık

Here are our current transparency links:

  • 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

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!

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