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What this Article is All About
As Q4 2024 unfolds, efforts continue at Infinity Hash to optimize our mining infrastructure to achieve higher energy efficiency, and to improve user experience. With several major updates rolling out and other plans in the pipeline, the platform is ready to deliver even greater value to its users. This article presents the key developments from the last quarter and previews the future direction of Infinity Hash. In it we will discuss new payment integrations, some investment initiatives, and many other topics that our community considers important.
Expanding Payment Options
Infinity Hash is looking to provide an easier onboard by integrating new payment systems into its platform. Additional payment systems offer an easy way to buy Infinity Hash Shares (IHS). This integration supports a massive range of payment options, including major credit and debit cards like Visa, Mastercard, American Express, JCB, and China UnionPay. Additionally, users can now utilize digital wallets such as Apple Pay and Google Pay, along with wire transfer options that include SEPA direct debit, iDEAL, giropay, Bancontact, and other regional payment systems across Europe.
The introduction of new payment systems enhances accessibility for users, making the on-ramp experience more convenient. Simplifying the purchasing process and removing barriers to entry will help Infinity Hash grow by making it easier to onboard new investors worldwide. However, in order to comply with regulatory requirements, some of the new payment options can only be used to purchase new IHS and not for deposits.
The Q4 User Survey: Shaping Future Updates
As in previous quarters, the Q4 survey will aim to gather statistically meaningful feedback on critical aspects of the platform’s performance and development. This edition will focus on transparency updates, the newly launched payment integration, and satisfaction with recent changes to the website and dashboard.
In addition to structured questions, the survey includes an open-text field where users can share specific feedback or suggestions. This provides the community with an opportunity to contribute directly to Infinity Hash’s ongoing development. For those who prefer a more conversational approach, the team has made itself available on Telegram to discuss ideas, questions, or concerns directly.
By collecting this feedback, Infinity Hash ensures that future developments reflect the preferences of its community. Make sure to participate, as these insights will play a pivotal role in shaping the roadmap heading into 2025.
Strategic Energy and Infrastructure Plans
Infinity Hash is evaluating a series of initiatives to enhance long-term profitability at the hardware and infrastructure level. The plans include the bulk purchase of mining hardware, hydro container solutions, and employing flare gas as an energy source.
Bulk Miner Purchases
Infinity Hash is currently accumulating funds for a large-scale bulk purchase of mining hardware before the end of the year. Instead of buying miners incrementally every week, the team aims to time the market around this time, as historically Bitcoin prices tend to dip during this period. This happens because businesses and individuals sell assets for tax purposes, only to rebuy them in January. By targeting this window, Infinity Hash hopes to achieve significant cost savings.
Moreover, by acquiring miners in bulk, Infinity Hash can take advantage of bulk purchase discounts, which could on their own offset 1 to 2 months of profits in cost savings.
Hydro Container and Heat Reuse
Infinity Hash is also considering investing in a fully equipped hydro container featuring Whatsminer M63 models. Although this investment requires a substantial upfront cost, it offers considerable long-term benefits. Hydro cooling technology significantly improves miner performance by enabling overclocking with minimal wear and tear while reducing maintenance requirements.
Beyond performance efficiency, hydro containers present an innovative opportunity for heat reuse. The excess heat generated by miners can be repurposed to supply hot water for local heating systems, such as teleheating networks. By offsetting electricity costs through heat reuse, Infinity Hash can further increase profitability and demonstrate a commitment to sustainable energy practices.
Additionally, acquiring a hydro container would provide a full-scale testing platform to evaluate whether hydro cooling represents the optimal long-term infrastructure for Infinity Hash.
Flare Gas Developments
Flare gas, a byproduct of oil production, represents another promising energy source for Infinity Hash. Typically burned off as waste, flare gas can be repurposed to generate energy for mining operations. The Infinity Hash team has already secured access to property and lower-efficiency gas turbines to begin this transition, but significant work remains before full implementation.
At the current stage, the team is focused on testing modular gas turbines and refining a container system that integrates turbines, transformers, and supporting components. This system is designed to minimize downtime through modularity, allowing live maintenance of smaller turbines without interrupting overall operations. Moreover, obtaining spare parts for these small turbines is easy, making it possible to stockpile supply for several months. This would avoid disruptions such as those caused by supply chain delays.
While the flare gas location is prepared for deployment, the team has opted to wait until it becomes profitable to make the move. This decision depends on the successful completion of the bulk miner purchase or hydro container investment, as well as sufficient investment inflows over the next few weeks. In the interim, Infinity Hash continues to test and refine its flare gas systems to ensure they are ready for full-scale deployment when these conditions are met.
Ongoing Updates and Development Efforts
Throughout the past few months, Infinity Hash has continued to roll out platform updates aimed at enhancing user experience. The new simplified dashboard has made navigation more intuitive, while the addition of live chat support ensures that users can access assistance whenever they need it. Successful negotiations with payment providers have also led to reduced withdrawal fees, delivering further savings to users.
Meanwhile, the team remains hard at work on additional updates that will soon be rolled out. The implementation of key community votes, such as auto-compounding marketplace rewards and the introduction of limit orders, is currently underway. New features like DCA (dollar-cost averaging) savings plans for IHS and xIHS, automated weekly or monthly BTC withdrawals, and further dashboard enhancements are also in development. Additionally, Infinity Hash plans to simplify the sign-up and login process by introducing Google and Apple account integrations.
Summary
Infinity Hash made great progress this quarter with the integration of new payment systems, which simplify the purchase of new Infinity Hash Shares and broaden payment accessibility for users worldwide. For future updates, the Q4 user survey will gather crucial feedback on topics such as transparency measures and possible platform refinements.
On the infrastructure side, Infinity Hash is preparing for bulk miner purchases, exploring hydro container solutions to improve efficiency and heat reuse, and advancing flare gas energy developments. Each of these strategies is aimed at reducing costs, increasing profitability, and ensuring sustainable growth.
As Infinity Hash moves into 2025, the groundwork laid this quarter sets the stage for continued improvements, informed by community input and focused on long-term sustainability.
