The First Fully Transparent BTC Mining Project!
xIHS
Bringing Bitcoin Mining On Chain
– Infinity Hash on Solana –
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Long-term increasing…
Sell-able
No locking / vesting…
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Price appreciation…
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Always growing…
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Always improving…
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Low electricity cost…
Token Address:
ANiSbEhZoDo8UWQKKfMHgoDqfPz6m5DGhuVTSfYhey3f
IHS vs. xIHS
Here is an example showing the differences between normal IHS (BTC) –> paying out daily Bitcoin Mining rewards; IHS (AC)* –> using the mining rewards to buy more IHS; and xIHS, which does the same as IHS (AC) but compounds internally –> price goes up, amount stays the same.
* AC = Auto-Compounding –> You can select from 0% to 100% auto-compounding for IHS in your dashboard
After reaching 100% ROI, IHS (BTC) has accumulated its own value in BTC rewards, IHS (AC) has doubled to 2 IHS, and xIHS is still 1 xIHS but has doubled in value. Now the IHS:xIHS ratio has also doubled to 2:1, because 2 IHS = 1 xIHS.
The Infinity Hash Share Lifecycle
What’s Happening In The Background?
Here is a detailed explanation of what happens from an accounting perspective and in the background for each step:
Staking IHS
Your perspective: Your IHS are deposited from your dashboard account into the xIHS-pool. For depositing your IHS, you receive xIHS at the current IHS:xIHS ratio as proof of your deposit.
In the xIHS-pool: The xIHS-pool mints (creates) xIHS tokens and sends them to your dashboard account.
Accounting: You sell IHS for xIHS at the current IHS:xIHS ratio.
Hodling xIHS
Your perspective: You now hold xIHS Solana tokens, which are appreciating in value each day based on Bitcoin mining rewards and company revenue share. You can withdraw, deposit and hodl it, send it to your cold wallet and trade it on a DEX or CEX.
In the xIHS-pool: The xIHS-pool receives daily Bitcoin mining rewards and a 50% company revenue share. Those profits are used to buy more IHS, which increases the IHS:xIHS ratio as well as future Bitcoin mining rewards.
Accounting: You hold a token that appreciates in value instead of paying out daily Bitcoin mining rewards. In most jurisdictions, you only pay taxes if you sell it (in-profit).
Claiming xIHS
Your perspective: Your xIHS are deposited from your dashboard account into the xIHS-pool. For returning your xIHS, you receive IHS at the current IHS:xIHS ratio.
In the xIHS-pool: The xIHS-pool burns (deletes) the xIHS tokens you deposited and sends IHS to your dashboard account.
Accounting: You buy IHS with xIHS at the current IHS:xIHS ratio.
Behavior Of The xIHS-pool Account
The xIHS-pool account is the Infinity Hash dashboard account holding all staked IHS.
The xIHS-pool account is a normal user account with the following extra features and settings:
- The account is set to 100% auto-compounding (buying more IHS with BTC mining rewards)
- The account uses all USDT in its wallet to buy more IHS on a daily basis
- Purchasing IHS with USDT from revenue share is done at random times to prevent coordinated trading
- Purchasing will be done on the community marketplace if it is cheaper to pump the IHS:xIHS ratio
In the future, we can let xIHS holders decide on the details and behavior of the xIHS-pool Account via voting.
The IHS:xIHS Ratio
The IHS:xIHS ratio is the ratio at which you can swap IHS to and from xIHS whenever you want.
The IHS:xIHS ratio is a global ratio that does not reflect personal purchases. The initial ratio of IHS:xIHS at launch is 1:1. Here is how the ratio changes and is calculated:
- IHS:xIHS ratio = IHS in the xIHS-pool : number of xIHS in circulation
- IHS and xIHS can be freely staked and claimed at the current ratio without any fees (dashboard)
- The ratio increases once daily as revenue share (in USDT) is used to buy new IHS
- The ratio will continuously go up over time because of revenue share
- The ratio increases once daily as Bitcoin mining rewards are used to automatically buy new IHS
- Since the xIHS-pool has 100% auto-compounding active, the ratio will continuously go up
Ratio Calculation Example:
- At the initial 1:1 ratio, user A stakes 10 IHS and receives 10 xIHS
- USDT from the revenue share is used to purchase 2 more IHS
- Daily mining rewards come in, and 8 more IHS are bought via auto-compounding
- The xIHS-pool ratio is now at 20 IHS : 10 xIHS = 2:1 –> This means 20 IHS in the xIHS-pool and 10 xIHS in circulation
- Here is what could happen next:
- User A decides to claim 5 xIHS –> at a 2:1 ratio, he gets 10 IHS for 5 xIHS (the 5 xIHS are burned)
- User B decides to stake 10 IHS –> at a 2:1 ratio, he gets 5 xIHS for 10 IHS
Tokenomics
| Attribute | IHS | xIHS |
|---|---|---|
| APR / Profit | Cash flow (daily mining rewards in BTC) | Price appreciation (IHS:xIHS ratio going up daily) |
| Price (new shares) | Based on 33% APR cash flow (formula) | (IHS price) x (IHS:xIHS ratio) |
| Hashrate | 104 GH/s | (IHS hashrate) x (IHS:xIHS ratio) |
| Contract length | Lifetime (no contract expiry) | Lifetime (no contract expiry) |
| Backed by | Real Bitcoin mining hardware | Infinity Hash Shares (IHS) |
| Community Votes | 1 IHS = 1 vote | 1 xIHS = (IHS:xIHS ratio) x (1 vote) |
| Sell-able | Dashboard (20% community fee) | Dashboard, DEX, CEX |
| Blockchain | None (pure dashboard token) | Dashboard and Solana (more chains TBA) |
| Max. supply | Capped by the amount of hardware we can buy and operate | Capped by the amount of IHS in circulation: (IHS supply) / (IHS:xIHS ratio) |
| Functions | Mint (purchases), burn (TBA), (un)stake (for xIHS) | Mint (when IHS is staked), burn (when IHS is unstaked) |
| Extras | Voting (dashboard) | Voting (dashboard, DeFi), 50% rev-share (company) |
| Affiliate | New purchases (no marketplace), auto-compound | Auto-compound, purchases (presale only) |
| Compounding | 0% to 100% (user setting) | 100% (fixed) |
Why Should You Buy xIHS?
We want to give long-term investors the ability to take part in our stated goal of taking over the Bitcoin-Mining sector with a community project. You can now accompany us on our journey by holding xIHS. For we mine as one, build as one, and reap the rewards of our growth as one.
50% Revenue Share
Since everyone holding xIHS is setting their shares on 100% auto-compounding and therefore putting a lot of trust in us, Sharehodlers will be participating in company profits too.
These are the current income streams we can provide for this purpose (withdrawal fees will be possible once we finish updating our payout system to actually provide nearly free withdrawals –> after that, we can think about features like automated weekly withdrawals that will cost a small fee, etc. after doing a community vote):
- 50% of trading fees from the swap feature in our dashboard –> we should be able to get our swap provider’s spread down even more over the next week and can then introduce an official and reasonable swap fee
- 50% of withdrawal fees (if any are active) –> after another payout update and generally cheaper fees
- 50% of listing fees for Infinity Hash reward pools –> this would become possible if the presale goes well
- 50% of profits from liquidity pools –> Once xIHS is online, we will be providing liquidity on DEXes and CEXes
All income types are sent to the xIHS-pool account in USDT on a daily basis. From there, the xIHS-pool account can use the USDT to automatically buy more IHS and pump up the xIHS price and IHS:xIHS ratio.
Over 1 Year Of Success
Infinity Hash started as a small community project with only 20 miners in June 2023.
The only thing we had when we started was our year-long experience in Bitcoin and Crypto mining and a vision to take over big parts of the Bitcoin mining industry with a transparent community project that actually pays out full daily mining rewards. We’ve built and delivered highly efficient and fully transparent cash flow for and with our community for over a year now. With xIHS, you can rest assured that you are investing in a stable, experienced project that can keep its promises.
Current Project Stats
Extremely Low Electricity Price
Depending on how much money we can raise with the presale, we might be able to directly buy a substation, extend the existing Infinity Hash location, and go into negotiations to further decrease the electricity price. Our current plans for the electricity price at Infinity Hash are as follows:
- $0.035 / kWh till the end of 2024: This could be done in multiple steps on a monthly basis. Depending on how much money we can raise with the presale, we might be able to reach this goal significantly faster.
- $0.017 / kWh till the end of 2025: Once the project has grown enough, we have enough cashflow to purchase a small power plant to use more hydro miners with heat recovery or buy a big, 60 MW gas turbine that uses otherwise flared gas to significantly reduce the energy price. Those bigger impact options would be discussed with the community in detail before voting on them.
Each of those electricity price milestones would lead to significantly increased profits for everyone involved and could enable us to operate most miners efficiently for several more years than without the electricity price reduction. If you already hold shares, you’ll see the effect of a steadily decreasing electricity price over the next months and weeks. TLDR: The bigger the project gets, the lower the electricity price and the higher the profits.
Multiple Locations For Security
Multiple locations are essential for lowering the operational risk of running any Bitcoin Mining operation.
If we have 4 locations with about 25% hashrate each, we could lose a full location and still be up and running and profitable. The most important thing is that, in case of a problem at one location, the project would have sufficient cash flow to relocate deployed hashrate without any problems and would just keep going. Here are the current active and planned locations:
- Asia (south Ural region): This is where most of our current miners are. The region is quite possibly the best in the world for Bitcoin Mining. The funds raised from the presale can be used to improve infrastructure and get extremely cheap hydroelectricity.
- Africa (Ethiopia): We already visited this mining location in early 2024. Electricity prices, security and stability are great with a government that is friendly to Bitcoin Mining. This location is ready to go, and we can start sending miners there as soon as we collect enough funds from the presale.
- Scandinavia (Finland): Ready to host at acceptable electricity prices with great security and stability. For this location, we have to buy a full hydro container to get started. If the presale goes well, we could directly do a community vote about it and decentralize the whole project even more.
- Scandinavia (Sweden): If we reach a significant amount of presale inflows, we could open up a location in Sweden. We already have the contacts and experience, and the country is great for Bitcoin Mining as soon as you have the money to buy a small power plant (no taxes on self-produced electricity).
All in all, opening up more locations would greatly reduce the risks for everyone involved. Collecting enough funds with the presale would significantly speed up our plans.
Cooperation Over Isolation
xIHS is a clear win for the entire Infinity Hash Community, as well as for Bitcoin and Solana.
Here is how each stakeholder will benefit from Infinity Hash as a project and the xIHS token in particular, without any drawback:
- The Infinity Hash Community: Not only will the profits for existing shareholders increase due to larger bulk orders for mining hardware and infrastructure (the bigger the orders, the bigger the discounts), but the increasing size of the community will also bring in new ideas, knowledge, contacts and stability. With the new influx of cash, we may also be able to expand to more and more locations, reducing the operational risk of the project.
- The Infinity Hash Project: Expanding to the Solana community will increase the size of the project and significantly reduce costs by scaling repairs, support, infrastructure, maintenance, and more. One of the biggest points of increased profit for everyone involved will be the ability to significantly reduce the project’s electricity price, which is the biggest profit driver.
- Bitcoiners and Maxis: xIHS can be held in the Infinity Hash Dashboard without ever touching a blockchain. This means you can participate even if you are a Bitcoin Maxi and don’t want to use Solana. For invested Bitcoiners and Bitcoin Maxis, xIHS won’t change anything; besides, we also benefit from the increasing size of the project.
- The Bitcoin Network: The Bitcoin network profits from Solana investors through the added hashrate financed by their money, which in turn increases the security of the Bitcoin network. Being in the hands of a community with actual community voting and investments starting at a few Sats, the effect will hopefully be even more positive than the usual big mining companies.
- Solana Holders: or Solana holders, xIHS offers an easy way to invest in and receive cash flow from the oldest and most stable cryptocurrency that has been providing daily mining rewards for over 10 years. All without leaving your favorite wallet.
- The Solana Project: The Solana Project benefits from xIHS because Infinity Hash connects the stability and cash flow of Bitcoin with the utility, accessibility and ease of use of Solana, adding another revenue stream to the Solana ecosystem and opening up future possibilities for dApps and Bitcoin-Solana cooperation.
Prepared For Major Investors
Infinity Hash is and will always be a community project—a community project that is ready for institutional-grade investments. Our current cap for investments that we can bring online within 1–3 months is at about 600 million USD, with full KYB and FIAT payment options if you need them. If you want to invest a significant amount into Bitcoin mining that is fully transparent and provides you with cash flow at unrivaled profitability from day 1, we have you covered!
Depending on the amount you want to invest, we can also provide you with significant discounts based on the discounts we get on bulk orders for mining hardware and infrastructure. Holding your investment as xIHS will give you the ability to fulfill regulatory requirements by storing them on hardware wallets instead of holding them in our dashboard. Furthermore, we can provide you with OTC deals, so you don’t have to rely on current market liquidity for investing and exiting.
Contact us on LinkedIn or via email to [email protected].
Fully Transparent. Like It Should Be.
Trust is the foundation for the long-term success of a community project. Check our public mining pool at ViaBTC to verify which miners are running.
