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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.
Metric | Current data | Change |
---|---|---|
Total Miners | 793 Miners | + 15 Miners |
Total Hashrate | 100.36 PH/s | + 1.41 PH/s |
Toplam Hisse | 882,330 Shares | – 12,714 Shares |
Hisse Fiyatı | $ 3.14 | – 7.65 % |
Rewards generated | 0.51016134 BTC | + 6.35 % |
Reinvested | 5290 USDT | + 933 USDT |
Electricity paid | 21217 USDT | – 52 USDT |
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.
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.
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.
Model | Hashrate | Source | Workder ID |
---|---|---|---|
Whatsminer M50 | 120 TH | Share sale | IH778 |
Whatsminer M50 | 120 TH | Share sale | IH779 |
Whatsminer M50 | 120 TH | Share sale | IH780 |
Whatsminer M50 | 120 TH | Share sale | IH781 |
Whatsminer M50 | 120 TH | Share sale | IH782 |
Whatsminer M50 | 120 TH | Share sale | IH783 |
Whatsminer M50 | 120 TH | Share sale | IH784 |
Whatsminer M50 | 120 TH | Share sale | IH785 |
Whatsminer M50 | 120 TH | Share sale | IH786 |
Whatsminer M50 | 120 TH | Share sale | IH787 |
Whatsminer M50 | 120 TH | Share sale | IH788 |
Whatsminer M50 | 120 TH | Share sale | IH789 |
Whatsminer M50 | 120 TH | Share sale | IH790 |
Whatsminer M50 | 120 TH | Share sale | IH791 |
Whatsminer M50 | 120 TH | Share sale | IH792 |
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
Infinity Hash: Key User Feedback and Potential Improvements
Mining Industry Recap, Episode 6
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!