Nostr Web Client

Everybody's asking me how I have all this time to be silly on the interwebs.

It's simple, I'm a sharehodler in Infinity Hash.

I've invested a few of my bitties and now I earn bitcoin to spend for expenses while keeping it real.

A few problems I see here:

- you have to trust that this isn’t a Ponzi scheme

- you are buying shares (which is in fact a kind of a shitcoin)

- what is when they are closing the doors

- pros / cons page is misleading

- project stats are misleading

Conclusion:

They have, if real, 257 miners and found with a hashrate of 32 PHash they mined 6btc which is around one block reward.

The calculator is about portfolio value which is not really defined? And I think extremely misleading

Let’s think through that:

I invest 5$ which is around 1 share. After a year the calculator says that my portfolio is then 15$ big and I get a monthly revenue of .19$

Where does the 10$ come from? Miners usually don’t become worth more over time nor will they perform better in the future.

The next question is, why do I get a revenue from 5$? You cannot buy a miner with that little money.

Smells fishy 🐟

Please Login to reply.

It's transparent and you shouldn't trust, but verify.

As I already said, I don’t think it’s transparent. Where do the additional 10$ of portfolio value in my example came from? I can not tell 😅

It's a share in the company, as the value of the company increases it adds value to each share.

There's no guarantee, there's risk in every investment.

The calculator doesn’t tell you that which is another big red flag 🚩

You don't have to invest in that, just buy bitcoin