IHS price calculator

This calculator can be used to estimate the future price of Infinity Hash Stacks (IHS).

IHS price estimate

BTC-Price:

USD-Price:

Results are a price estimate and may differ a lot, based on changing outside conditions like mining difficulty, downtime and others. Any values, estimates, or figures are only indicative and are not intended to be relied upon for legal, financial, or commercial decisions.

Where to get the data used in the calculator

  • Bitcoin price (USD): Check sites like coingecko.com or coinmarketcap.com.
  • Last 24h reward (BTC): Take the “Estimated Earnings Per Day” entry from our public mining pool.
  • Energy cost 24h (USD): Head to our public electricity wallet on bscscan and switch to the “Token Transfers (BEP-20)” tab. Take the amount of the last incoming, daily USDT transaction.
  • Total IHS number: Take it from the Infinity Hash dashboard, the blog, or one of the landing pages.

Direct IHS price calculation

Direct price calculation refers to the calculation path that does not use yesterday’s price for smoothing. This is the method used in the price calculator above.

1.) Calculate the direct IHS price in USD:

price_direct_usd = rewards_24h_usd × 1095 total_ihs_nr

2.) Ensure the selected price is not below the minimum sell price in USD. The IHS price in USD is:

price_today_usd = max ( price_direct_usd , min_sell_price )

3.) The IHS price in BTC is:

price_today_btc = price_today_usd bitcoin_price

Here is an explanation of the static variables and where to get the data used in the calculation:

  • rewards_24h_usd: Go to our public reinvest wallet on bscscan and switch to the “Token Transfers (BEP-20)” tab. Take 2 times the amount of the last incoming, daily USDT transaction (rewards and reinvest amounts are the same each day, therefore we can just take 2 times the public reinvest amount).
  • 1095: This is simply 3 times 365 days. 3 years is our recommended investment horizon for the project.
  • total_ihs_nr: The total number of IHS. You find this number on the website in our weekly updates.
  • min_sell_price: The minimum selling price for new Infinity Hash Stacks is $1.00 (USD).
  • bitcoin_price: Check sites like coingecko.com or coinmarketcap.com (use the USD price).
  • price_yesterday_btc: Yesterday’s IHS price (in BTC).

Full IHS price calculation

The full IHS price calculation takes into account a 5-day smoothing using yesterday’s price. This is the same calculation used for the actual selling price of new IHS in the dashboard.

1.) Calculate the direct IHS price in USD:

price_direct_usd = rewards_24h_usd × 1095 total_ihs_nr

2.) Calculate the direct IHS price in BTC:

price_direct_btc = price_direct_usd bitcoin_price

3.) Calculate the smoothed IHS price in BTC (5-day-smoothing):

price_smooth_btc = price_yesterday_btc × 4 + price_direct_btc 5

4.) Ensure the selected price is not below the minimum sell price in BTC. The IHS price in BTC is:

price_today_btc = max ( price_smooth_btc , min_sell_price bitcoin_price )

5.) The IHS price in USD is:

price_today_usd = price_today_btc × bitcoin_price

IHS price calculation FAQ

Why is there a minimum selling price?

We have a minimum selling price for new Infinity Hash Stacks because, at some point, ASICs (Bitcoin mining machines) won’t get any cheaper due to production costs (even if the Bitcoin price were to go down a lot). A sudden crash in the IHS price would allow new investors to dilute the actual hashrate per IHS by buying up IHS when it is mispriced (too cheap) and thus “steal” the hashrate from existing investors. We update the minimum selling price for new IHS via community votes regularly to reflect changes in ASIC production costs.

Why is the IHS price smoothed?

We added the smoothing described in 3.) of the full IHS price calculation path to the price model to ensure that 4 or 5 hours of downtime due to power outages or other temporary problems wouldn’t completely crash the IHS price, but long-term changes still get reflected in the IHS price. Furthermore, the 5-day smoothing prevents too extreme price surges to the upside due to anomalies in daily earnings (e.g., high block fees).

I tried to calculate it myself, and the formula doesn’t work!

Please make sure to calculate everything in BTC, not in USD prices. The new IHS selling price is calculated in BTC once per day and is not changed until the next calculation 24 hours later. The USD price is only for easy understanding in the dashboard and will change intraday based on BTC price changes. In case you have any questions, feel free to contact our support at any time.