Despite renewed interest in Bitcoin mining investments, substantial barriers still limit accessibility for the average person. High electricity costs, combined with capital and knowledge requirements can make it challenging to obtain a profit. Investors that don’t have the time, money, or geographical location are left with essentially two options: Cloud mining and colocation mining. Cloud mining is accessible but often either unprofitable or very risky. Colocation mining is safer but demands significant investment and technical expertise.
Infinity Hash is pioneering a brand new option: Community mining. The aim is to create a self-sustaining mining project that provides daily rewards to all that want to participate, regardless of their budget or knowledge.
Infinity Hash achieved this through the introduction of the shares system:
Infinity Hash shares are simply participations in Infinity Hash’s mining operation. Infinity Hash uses the proceeds of selling these shares to finance their mining infrastructure. This ensures that every Infinity Hash share is fully backed by mining equipment and that no dilution is possible. As more shares are sold, Infinity Hash continues to expand, constantly increasing its mining capacity. The rewards obtained by this mining infrastructure are then paid out daily to all shareholders. These can withdraw their rewards without restriction, or even sell their shares to other community members on the open market.
The share system makes Infinity hash one of the easiest and most flexible ways to profit from Bitcoin mining. Nevertheless, there is still the issue of continuity. Most Bitcoin mining investments have a time horizon. Infinity Hash aims to create a community that continues to earn rewards indefinitely for as long as they hold their shares. This is achieved through the power of reinvestment.
In order to sustain the mining operation in time, machines need to be properly maintained, repaired or even replaced once they are obsolete. Infinity Hash tackles this problem by using 50% of the rewards obtained by the mining operation to be reinvested into its equipment and infrastructure. These rewards can be used to finance repairs, machine replacements or even adding new machines to the farm. Thanks to that, the hashrate backing every Infinity Hash share is constantly growing.
This feature is unique to Infinity Hash’s model. Both with cloud and colocation mining the hashrate backing your share is at best constant, and eventually it stops generating profit altogether. With Infinity Hash, not only does the hashrate backing every share grow with time, but also this hashrate is always being provided by the latest and most efficient machines available on the market.
While Infinity Hash mines only Bitcoin, shareholders may also choose to receive rewards in other currencies. Users are also able to diversify their rewards across multiple currencies any way they want simply by assigning weights. For example, a shareholder may choose to receive their rewards 50% in BTC, 25% in USDT and 25% in KAS. Infinity Hash will then convert the rewards to these currencies and credit them accordingly.
Transparency is perhaps the top priority for Infinity Hash. As a community project, it is very important that all shareholders are able to follow their rewards from the moment they are generated. This information is made public through the independent data provided by the mining pool Infinity Hash uses. Apart from this, information on the purchases of machines and all different expenditures are published in the monthly transparency reports and weekly update posts on the Infinity Hash blog.
Thanks to this, everyone can follow to the last detail exactly when, how and for how much every miner was bought; as well as other information such as model, performance and historical earnings.
The process of crediting the rewards to each individual shareholder is pretty straightforward. Daily, after receiving the Bitcoin mining rewards from the mining pool, electricity costs are deducted and converted to USDT, which is allocated to a dedicated wallet for these expenses. The remaining amount is the total mining profit. 50% from this is directly credited to Infinity Hash shareholders. The remaining 50% is converted to USDT and sent to the public reinvestment wallet to be used to pay for repairs, buy additional machines, etc.
As Infinity Hash is a community project, Infinity Hash also holds votes on all important decisions so that shareholders may express their preferences. Thanks to that, the project is always moving in the direction that the community chooses.
With the current electricity price of $0.045 / kWh, Infinity Hash miners are already very competitive. However, achieving an even lower electricity price would improve profit margins for shareholders. With this aim, Infinity hash is expanding its operation to a few new geographical locations with very low electricity prices:
With the addition of these locations, the average electricity cost of the entire mining operation will go down with time:
As with any other Bitcoin mining investment, lower electricity prices boost profit margins by cutting operating costs without diminishing revenue. With Infinity Hash’s share system, these benefits are amplified further. Higher profits result in higher reinvestment amounts, which accelerates the growth rate of the hashrate backing every share. Moreover, a distributed network helps prevent complete down-times, as it is unlikely that the same problem will affect two different locations.
This is a sponsored brand spotlight content post. Learn how to reach our audience here. Read disclaimer below.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。