I’ll assume you already know what mining is and how it works. In the past, someone would buy a miner, set it up at home or with a provider, and let it run. After about 3 years, the miner would pay for itself, and if it was still profitable, you could keep it running. Otherwise, it would be retired. Depending on the miner you bought, it could cost between $2,500 and $5,000. This is how it was done before, with all the drawbacks, especially when it came to choosing the right equipment. Due to high prices, older versions of miners were often purchased, which were only profitable during Bitcoin bull markets. Anyone who has mined before can confirm this.

Infinity Hash works in a similar way, but with some key differences. We buy the miners and host them for you. We handle the selection of equipment to avoid bad purchases. There is a special reinvest wallet that continuously buys new machines and retires old ones. The electricity cost is $0.045 per kWh. The shares you buy have no expiration date, so you will still receive your rewards even after 5 years.

The main difference from traditional mining is that we sell shares of a miner, allowing everyone, no matter their budget, to participate in Bitcoin mining. You don’t have to buy a whole miner, which can be far too expensive for many.

To build the highest level of trust, we decided from the beginning to offer maximum transparency in the project. We use third-party validators (such as the mining pool), have a reinvest wallet, an energy wallet, and publish all the calculation formulas.

We have a real rating of 4.3 stars on Trustpilot, over 2000 satisfied members in our Telegram community, where anyone can join and take a look. Over the past 1.5 years, we have reached a market cap of 2.6 million and aim to grow further, with a goal of reducing electricity costs to 3 cents. Our users participate in regular votes where they can decide on the next steps.

Nicehash is a completely different concept. It’s more like a marketplace where you can rent or sell hashing power, kind of like an eBay for hashrate.

It’s frustrating to end up on a scam list without solid evidence, just because some people might not fully understand the concept. Being wrongly placed on such a list is damaging to any business.

We understand that our product requires explanation, and we know it’s challenging to clearly present it on the website. But we’re always open to suggestions for improvement.