ES 
EN 
AR 
FR 
TR Contents
This is our 74th post in the Infinity Hash Weekly Update series for Dec 30 2024.
This week we added a few new miners and made our 6th share burn. Mining profits for Infinity Hash went down a bit and the share price for IHS going down together with Bitcoin. Apart from the usual data and updates, we also included a 2024 recap with new lifetime charts, an updated community survey and a few video and article links in this weekly update.
You can always get a full overview of past charts and numbers on the Weekly Updates page.
2024 Recap – Happy new year 2025!
Before we dive into this weeks numbers, we wanted to add a small recap for the year 2024 and provide you with an overview of the progress we made since 1st of January 2024.
A Year of Rapid Growth for Infinity Hash
As we close the chapter on 2024, we reflect on what has been a transformative period for us. This has truly been the year when the Infinity Hash project came into its own. While other mining companies struggled to survive after the April halving, our cheap electricity and reinvestment strategy ensured we remained profitable.
| Metric | 1st January 2024 | 1st January 2025 | Change |
|---|---|---|---|
| Total Miners | 107 Miners | 903 Miners | + 796 Miners |
| Total Hashrate | 13.20 PH/s | 117.70 PH/s | + 103.34 PH/s |
| Acciones Totales | 242,301 Shares | 982,419 Shares | + 740,118 Shares |
| Precio de la acción | $ 2.91 | $ 3.54 | + 21.64 % |
| Total Mined | 2.90 BTC | 20.17 BTC | + 595.51 % |
| Total Reinvest | 23,894 USDT | 279,719 USDT | + 1070.67 % |
| Weekly Rewards | 0.16675692 BTC | 0.46708543 BTC | + 180.10 % |
| Weekly Reinvest | 1,920 USDT | 11,522 USDT | + 500.10 % |
| Electricity paid | 3,272 USDT | 25,345 USDT | + 22,073 USDT |
| Hashrate per share | 54.52 GH/s | 121.04 GH/s | + 122.01 % |
At the same time, we were able to expand our hashrate at a truly remarkable pace. With the support of our incredible community, we achieved this by prioritizing efficiency and applying our unique reinvestment strategy, which enabled us to expand our farm without the need to issue additional shares.
Tremendous Hashrate Expansion
This year marked a period of impressive growth for our mining operations. Starting with a hash rate of 13.2 PH/s at the beginning of 2024, we closed the year at an astounding 117.7 PH/s — a more than eightfold increase. This was achieved through the deployment of 796 new ASIC miners, with a focus on modern models like the Whatsminer M60.
These more efficient machines helped maintain our hash price very competitive, which was crucial to navigate the low mining profitability post-halving. In total over the year, our mining operation produced a total of 20.17 BTC, 95% of which came from block rewards and 5% from Bitcoin network fees. As of today, our daily Bitcoin production is around 0.065 BTC.
Reinvestment: Building for the Future
Our reinvestment strategy has been key in providing these results. Over the course of 2024, the reinvestment budget amounted to $279,719, which funded the acquisition of 112 additional ASIC miners without the issuance of any additional shares and covered all equipment and miner repairs for the full year of 2024.
With nearly two reinvestment miners added per week, they accounted for approximately one-sixth of all the miners we added throughout the year. This helped us offer a much higher hashrate per share, which contributed to the more than 20% increase in IHS price since the beginning of 2024.
Looking Ahead to 2025
With the foundation we’ve built in 2024, we are entering 2025 with a renewed sense of purpose and ambition. Our focus will remain on scaling our operations, increasing mining efficiency and encouraging community participation.
Plans for the year include further expansion of our mining capacity, the advancement of new systems like hydro-cooled containers and flare gas utilization, and rolling out user-driven features that enhance platform transparency and usability. These goals are aimed at solidifying Infinity Hash’s position in the mining industry while continuing to deliver consistent rewards to our growing community.
As we look to the future, we want to thank you for your unwavering support and trust in Infinity Hash. Here’s to an even brighter 2025 for Bitcoin, Infinity Hash, and all of us. Thank you for being part of this journey.
Project Updates
Infinity Hash in Numbers
These are the numbers for week 52, 2024, from 2024-12-23 to 2024-12-29.
| Metric | Current data | Change |
|---|---|---|
| Total Miners | 903 Miners | + 13 Miners |
| Total Hashrate | 118.69 PH/s | + 1.54 PH/s |
| Acciones Totales | 975,211 Shares | + 4,664 Shares |
| Precio de la acción | $ 3.58 | – 7.97 % |
| Rewards generated | 0.46708543 BTC | – 0.72 % |
| Reinvested | 9,721 USDT | – 1,801 USDT |
| Electricity paid | 25,345 USDT | + 376 USDT |
Miner and Farm Updates
This week, we added 13 new miners, increasing the community pool hash rate by 1755 TH.
| Model | Hashrate | Source | Worker ID |
|---|---|---|---|
| Whatsminer M50S | 135 TH | Share sale | IH891 |
| Whatsminer M50S | 135 TH | Share sale | IH892 |
| Whatsminer M50S | 135 TH | Share sale | IH893 |
| Whatsminer M50S | 135 TH | Share sale | IH894 |
| Whatsminer M50S | 135 TH | Share sale | IH895 |
| Whatsminer M50S | 135 TH | Share sale | IH896 |
| Whatsminer M50S | 135 TH | Share sale | IH897 |
| Whatsminer M50S | 135 TH | Share sale | IH898 |
| Whatsminer M50S | 135 TH | Share sale | IH899 |
| Whatsminer M50S | 135 TH | Share sale | IH900 |
| Whatsminer M50S | 135 TH | Share sale | IH901 |
| Whatsminer M50S | 135 TH | Share sale | IH902 |
| Whatsminer M50S | 135 TH | Share sale | IH903 |
Miner updates
New miners moved into the containers this week. A miner has also returned from repair and is now running again. Another miner could not be repaired on the farm and was sent away for repair. A few M50 miners also had problems with their power supplies, but could be repaired on site at the farm.
New container
Towards the end of the week, work continued on a new container for upcoming miners. Parts that were not needed were cut out of the container, a door was installed and the switchboard was fitted.
Announcements
We wish you a happy new year for the last weekly update of 2024 and have a few important announcements this week:
2024 winter survey – We need your help!
As we continue to grow and improve, we’d love to hear your thoughts on how we can do better. To help us understand your needs and enhance the dashboard experience, please take a moment and fill out the survey form in the link below. Your feedback is invaluable to us and will allow us to decide which dashboard features and general improvements to focus on next.
#6 share supply burn
This week we burned 5000 IHS worth over 18.15k USD at the current and worth over 20k USD based on the average purchase price.
This will be the last burn for 2024 and increase rewards. We are looking forward to continue with more burns over time.
Links and Outlook
Infinity Hash Articles and Socials
This video is in German by Geldschnurrbart, who is testing Infinity Hash:
And as always, we have a mining industry recap as well as an overview article for our plans in Q1 2025 and beyond:
Mining Industry Recap, Episode 16
Infinity Hash Q4 2024 Update: New Features and Future Plans
Weather Conditions
The current weather conditions at the mining farm are: Passing clouds. Cold. Current temperatures at -14.76°C / 5.44°F provide excellent cooling conditions, with the weather forecast showing no changes in temperatures. This should result in stable profits.
Transparencia
You can always check our pool and wallet links to get a complete and transparent overview of our pool, all miners in the pool, our public reinvest wallet, and our electricity costs on the page below:
Enlaces del grupo de minería y la cartera
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!
