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Bitcoin is considered the most secure blockchain in the world. This is one of the reasons why hedge funds, institutions and now even countries like the USA are considering investing a significant portion of their money in the network. Mining in particular contributes to the security of the network.
However, mining and proof-of-work not only contribute significantly to security, but also to the integrity and functionality of the network. It is responsible for ensuring that transactions are processed securely and efficiently, that the network remains decentralized and robust, and that new coins are distributed in a controlled and predictable manner.
The decentralization of the mining community and farms plays a crucial role. That is why there are companies all over the world that focus on cheap electricity and positive crypto regulations. These mining farms have to operate competitively, which further secures the Bitcoin network. This is also the case with Infinity Hash from Georgia.
Because Infinity Hash is a community bitcoin mining project that always puts the community first, the company develops most of its features based on the community and their feedback.
Over the past six years, Infinity Hash has helped thousands host their mining machines, making Bitcoin mining accessible to everyone by combining the benefits of colocation and cloud mining in a transparent, reliable system. But how exactly do projects like Infinity Hash contribute to the security of the network? Let’s take a step back.
Visit Infinity Hash’s official site
How it works: more hashrate, more security
The hashrate corresponds to the computing power that miners make available to the Bitcoin network through specialized hardware. The higher the hashrate of the network, the more secure it is. This is why it becomes increasingly difficult to attack and manipulate it. A high degree of decentralization and cost efficiency contributes significantly to the overall security of the network.
However, mining costs per terahash vary widely and depend on factors such as electricity costs, hardware efficiency and location. While large companies often have high costs due to infrastructure, regulatory requirements and operational overhead, community-based mining companies like Infinity Hash show remarkable efficiency.
Cheaper hashrate means it is easier and more profitable for miners and smaller mining pools to participate in Bitcoin mining. This leads to a greater distribution of mining capacity and reduces the risk of centralization, where a small number of large companies dominate the network.
In order to remain competitive, Infinity Hash invests a large part of its profits in newer and more efficient hardware. Through a high reinvestment rate, it creates a long-term competitive advantage over other mining projects. And this also benefits the users.
Visit Infinity Hash’s official site
Infinity Hash Shares (IHS) are a tokenized version of the shares in the entire mining project. Each share is backed by real hardware. You can trade these shares or have them distributed to you through daily Bitcoin rewards.
The company uses profits to buy the latest mining equipment and to further expand the solid infrastructure. The formula for the current daily price per terahash when buying IHS is always: (1000 / Gigahash per share * share price)
By purchasing Infinity Hash shares, you are investing in a community-oriented company that offers you hashrate at the lowest market prices. Do you want to be part of the mining revolution today? This is how it works:
- To register: Create your free Infinity Hash account. No form of identity verification or KYC is required! All you need is a working email address and you’re ready to go.
- Buy shares: Invest capital via Bitcoin, USDT, credit card, bank transfer or cryptocurrencies and buy your first shares. The minimum investment is less than one US dollar.
- Earn daily Receive daily Bitcoin rewards directly to your dashboard. You can convert them to USDT or keep your BTC and benefit from fast payouts whenever you want.
For more information, see Infinity Hash’s Brandhub
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