Published il y a 3 mois • 3 minute read

Infinity Hash: Rethinking Passive Income with Community Mining

The Current Bitcoin Mining Landscape

With the recent surge in Bitcoin prices fueled by the ETF narrative and the halving, interest in Bitcoin mining investments has grown significantly. However, achieving profitability from Bitcoin mining investments has become increasingly difficult. Mining difficulty has steadily risen year after year, leading to a situation where only very efficient mining machines operating with low electricity costs manage to break even. Moreover, acquiring and maintaining these machines demands considerable financial resources, time, and technical expertise.

Investors unwilling to navigate these complexities are essentially limited to two options: cloud mining and colocation mining. Cloud mining investments are easily accessible, but they often fail to generate sufficient profits to recoup the initial investment due to their time-limited nature. Colocation mining usually provides better profit margins, but requires a large upfront investment to cover miner purchases, electricity costs, hosting fees, etc. 

Infinity Hash's Community Mining Model

Infinity Hash’s model seeks to eliminate these barriers, while providing a sustainable, long-term Bitcoin mining investment. This is accomplished through the innovative concept of community mining, facilitated by the issuance of Infinity Hash shares.

Infinity Hash shares represent a stake in the mining operation and are issued and sold directly through the Infinity Hash website. The funds raised from these sales are entirely invested into acquiring mining equipment and infrastructure. Share holders receive daily rewards from the mining activities, which can be withdrawn at any time without restriction. Additionally, share holders have the option to sell their shares on the open market to other community members.

With this system, investors can engage in Bitcoin mining with a very low initial capital investment and without the need for technical expertise.

The Power of Reinvestment

A critical aspect of maintaining a successful mining operation is the constant maintenance and renewal of the equipment. Broken machines must be repaired and obsolete ones replaced. In order to fund this, and to avoid share dilution, Infinity Hash employs a reward reinvestment model. Every day, when the mining pool pays out the rewards, electricity costs are deducted and sent to a public dedicated wallet. Of the remaining funds, 50% is credited directly to share holders, while the other 50% is allocated to a reinvestment wallet. This wallet is used by Infinity Hash to cover expenses such as repairs, equipment upgrades, or even the purchase of additional machines. 

 

Thanks to this system, the hashrate backing every share never stops growing, offering potentially higher returns the longer the shares are held. This approach is unique, as typical Bitcoin mining investments generally see decreasing returns if Bitcoin prices remain constant. Moreover, the constant renewal of the equipment ensures that Infinity Hash always uses the most modern and efficient mining machines. Thanks to the reinvestment strategy, Infinity Hash ensures the long-term growth and sustainability of the project. 

Ensuring Traceability, Transparency, and Trust

Infinity Hash places a strong emphasis on transparency, ensuring that share holders can monitor all mining activities and track their rewards. The company provides public access to detailed reports on mining performance, equipment purchases, and expenditures through monthly reports and blog posts. Additionally, each mining machine is assigned a unique tracking number, allowing share holders to verify performance and earnings, fostering trust and accountability within the community.

 

Infinity Hash operates as a community-driven project, actively encouraging share holders to participate in important decision-making processes. Through the website, share holders are invited to vote on significant matters, ensuring their voices are heard and that the project progresses in a direction that aligns with their collective interests.

Greater Flexibility through Customizable Rewards

Although Infinity Hash mines exclusively Bitcoin, it does allow share holders to receive their rewards in other currencies. To do this, they just need to set the percentages or weights they want to assign to each of the currencies. Infinity Hash will then convert the Bitcoin rewards to those currencies and pay them out accordingly. This can be useful to diversify a portfolio, or to set aside a percentage in USDT to pay taxes, among other strategies. 

Reducing Costs through Expansion

To further improve profitability, Infinity Hash plans to expand its operations to several new locations with very low electricity prices

Each new expansion will reduce the average electricity price across all mining sites, increasing profit margins for share holders. This is particularly true for locations where Infinity Hash aims to produce its own electricity. Additionally, diversification across multiple locations improves the investment's safety, as potential downtimes would generally only affect one location at a time. Below is a projection of the average electricity price that will be achieved after each expansion:

Conclusion

In sum, Infinity Hash offers a revolutionary approach to Bitcoin mining through community mining, strategic reinvestment, and customizable rewards, making it an attractive option for investors seeking passive income without the complexities and risks typically associated with Bitcoin mining investments.

 

***

DISCLAIMER

The views, the opinions and the positions expressed in this article are those of the author alone and do not necessarily represent those of https://www.cryptowisser.com/ or any company or individual affiliated with https://www.cryptowisser.com/. We do not guarantee the accuracy, completeness or validity of any statements made within this article. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author. Any liability with regards to infringement of intellectual property rights also remains with them.

Comments

No comments yet... Start the conversation!