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Today we are pleased to announce the start of our Infinity Hash Weekly Update series, which will be published every Monday with the goal of giving the Infinity Hash community an easy way to keep up with the project and the Bitcoin mining industry as a whole.
We will also use this series to announce upcoming events such as trade shows and community AMA’s, and hope that it will provide further transparency and trust for all project participants and customers.
If you like the new format or have any ideas or suggestions for improvement, feel free to comment below, we are always happy to receive feedback.
Project Updates
Infinity Hash in Numbers
This week we saw a nice increase in generated rewards and were able to increase the total pool hashrate by a whopping 0.4 PH/s by adding 3 new miners. These are the numbers for week 31, 2023 from 2023-07-31 to 2023-08-06.
| Metric | Current data | Change |
|---|---|---|
| Total Miners | 39 Miners | + 3 Miners |
| Total Hashrate | 4.7 PH/s | + 0.4 PH/s |
| Total Shares | 97,391 Shares | Ca. + 5000 Shares |
| Share Price | $ 0.80 | +/- 0 % |
| Rewards generated | 0.0684 BTC | + 2.55 % |
| Reinvested | 429 USDT | + 14 USDT |
| Electricity paid | 1137 USDT | + 13 USDT |
Dashboard and Feature Updates
Since this is our first Weekly Update report, we’ll be informing you of all the major dashboard changes we’ve made over the past few weeks so you don’t miss anything.
a) News Section in the Dashboard
We have added a news section right in the dashboard. This allows you to stay up to date on new miner purchases, maintenance status, and other important information:
b) Earnings Download as CSV file
You can now export your earnings to CSV for profit or potential tax calculation purposes. If you’re planning on using the export, please let us know if you’d like any additional data in the file export so we can add it. You can download your full CSV export from the detailed rewards view (click the “Rewards” button on the dashboard) by clicking the “Export” button at the bottom:
c) QR-Code for Affiliate Partners
Your affiliate link is now also available as a QR code. We hope this will make things easier for affiliates and users who want to invite their friends to the project. In upcoming dashboard updates, we will provide an improved and larger version for even easier sharing:
Miner and Farm Updates
We were able to increase our community pool hashrate and miner count again and added 3 new miners:
| Model | Hashrate | Source | Workder ID |
|---|---|---|---|
| Whatsminer M50 | 120 TH | Share sale | ih4 |
| Whatsminer M50 | 118 TH | Share sale | xs105x20p8 |
| Whatsminer M50 | 118 TH | Share sale | xs105x14p14 |
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 Downtime
This week we had some downtime due to our electricity provider, but were able to use it for maintenance and cleaning.
- Maintenance on August 1: 18:00 – 22:00 (GMT+8), we used this time to thoroughly inspect and clean the equipment to ensure optimal performance and longevity.
- Emergency shutdown on August 2: We had an emergency shutdown from our electricity provider at the farm, but quickly got the farm back up and running. Out of the entire pool, only about 1.3 PH hashrate was affected (29.53%) for a short period of time.
Links and Outlook
Infinity Hash Links and Socials
Since this is the first weekly update, we wanted to list some links to community groups and our ViaBTC pool in case anyone missed them or wants to subscribe to not miss any updates:
Socials and Support:
- Telegram Group: Our Telegram group is used to post real-time updates and answer any questions you may have.
- Discord Server: On Discord, we provide the same information as on Telegram, and you can chat with other community members. We also have dedicated channels in Chinese, Indonesian, Russian, and Korean so you can connect with community members from your country.
- Weekly Updates: Here you will find all weekly updates listed from new to old starting today. On this page you will also find a newsletter form at the bottom of the page. This free newsletter will be used to notify you of new updates and give you an overview of new articles and other released content on a consistent basis. Just click here, scroll to the bottom and enter your best email address.
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
We are looking forward to a nice week of mining with good news for the whole project and the Infinity Hash community.
New mining equipment
Due to new share sales, we are already at 53 workers registered in the Infinity Hash Pool on ViaBTC, with this week maybe exceeding expectations ;). The more miners we have in the community, the better share price stability, reliability and reward stability will be. Here is a little sneak peek we can share:
Weather conditions
We expect a mostly dry week with a few rainy days and an average temperature of 18.8°C / 64.5°F at the mining farm. These are pretty nice weather conditions with lots of cool air during the night and morning, which should result in a week of stable profits.
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 as always – happy mining together!
