Contents
This is our 53rd post in the Infinity Hash Weekly Update series for Aug 5, 2024.
This week we added a few new miners, finished claiming and staking support for xIHS and have a few huge announcements to share. Mining profits for Infinity Hash went up a bit, with the share price for IHS going down together with Bitcoin.
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 31, 2024, from 2024-07-29 to 2024-08-04.
| Metric | Current data | Change |
|---|---|---|
| Total Miners | 758 Miners | + 10 Miners |
| Total Hashrate | 97.07 PH/s | + 2.45 PH/s |
| Total Shares | 776,206 Shares | + 18,256 Shares |
| Share Price | $ 2.10 | + 92.81 % |
| Rewards generated | 0,47681354 BTC | – 3,95 % |
| Reinvested | 5282 USDT | – 1,109 USDT |
| Electricity paid | 20407 USDT | + 26 USDT |
Dashboard and Feature Updates
Staking and Claiming support for xIHS is online
You can now stake your xIHS or claim back your IHS directly in the dashboard. If you need any more information about xIHS we’ve prepared its own landing page, where you will find everything you need.
Miner and Farm Updates
This week, we added 10 new miners, increasing the community pool hash rate by 1200 TH.
| Model | Hashrate | Source | Workder ID |
|---|---|---|---|
| Whatsminer M50 | 120 TH | Reinvest | IH748 |
| Whatsminer M50 | 120 TH | Reinvest | IH749 |
| Whatsminer M50 | 120 TH | Reinvest | IH750 |
| Whatsminer M50 | 120 TH | Reinvest | IH751 |
| Whatsminer M50 | 120 TH | Reinvest | IH752 |
| Whatsminer M50 | 120 TH | Share sale | IH753 |
| Whatsminer M50 | 120 TH | Share sale | IH754 |
| Whatsminer M50 | 120 TH | Share sale | IH755 |
| Whatsminer M50 | 120 TH | Share sale | IH756 |
| Whatsminer M50 | 120 TH | Share sale | IH757 |
A batch of new miners
This week we added 10 new Whatsminer M50s and increased the hashrate of the community pool by 600Th/s. We now have 759 active miners.
Preparing the new container
Protective partitions were installed in the new container to separate the cold and hot zones. The network switches and protective grid need to be installed before this container can be put into operation.
Regular inspection of transformers
There was also a regular inspection of transformers this week. Transformers play a critical role in the distribution of electricity and their failure can lead to equipment malfunction, overheating and even fire. Regular inspections can identify and prevent potential problems.
Announcements
We are proud to announce, that xIHS will be listed on CoinEx soon. Use our partner link to create your account. We’ll use affiliate rebates as the first official revenue source: https://www.coinex.com.
Links and Outlook
Infinity Hash Articles and Socials
Over the last few days and weeks there was a lot of articles from different crypto media outlets featuring Infinity Hash. Here is a list with a few of them:
Weather conditions
The current weather conditions at the mining farm are: Clear. Cool. Current temperatures at 14.99°C / 58.98°F provide good cooling conditions, with the weather forecast showing an upward trend in temperatures. This should result in stable profits.
Transparency
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!
