HOLDERS STAKE IHASH
IMT is converted to IHASH by holders who want to earn Bitcoin rewards.
Bitcoin has become globally accepted as a store of value. Only 21 million Bitcoin will ever exist, and Bitcoin not already in circulation must be mined by specialized computers called ASIC mining rigs.
Enter the upcoming evolution of Infinity Mining Token: The only ERC-20 (Ethereum) based cryptocurrency which rewards holders with Bitcoin for staking. IMT holders can convert their tokens to IHASH tokens and stake for a variable period to earn mined Bitcoin.
What's Mined, is Yours.
The IMT mining farm and Bitcoin staking rewards platform is the innovative cryptocurrency-native solution to the problem of centralization of Bitcoin mining. Economies of scale allow for major cost advantages for miner and mining container acquisition along with electricity costs that offer massive value when compared to solo mining or operating miners in a pool as an individual. There is not currently any existing crypto-native protocol for the purpose of purchasing tokens representative of hashpower where a token holder can stake for mined Bitcoin rewards.
IMT is converted to IHASH by holders who want to earn Bitcoin rewards.
As price speculation drives the price of IMT beyond the projected floor price based on total asset value, treasury tokens are sold to increase the miner count.
One IHASH token represents one terahash per second of Bitcoin mining processing power. More IHASH tokens must be minted as miners are brought online to allow IMT holders to convert to IHASH and stake for the newly available hashpower.
Mining is the process by which new tokens are introduced into circulation of an existing pool of tokens. The backbone to mining is best understood through the concepts of a blockchain. A miner sends a message across the network and another miner's computer retrieves it and adds it to the pool. It then waits to be "approved" into the block and the blockchain ledger.
Cryptocurrencies are largely decentralized, with no central authority managing its transactions and networks unlike the U.S. dollar with the Federal Reserve as the point of control. Cryptocurrency miners and network nodes work as the "managers" of the token. The practice of mining was first introduced by Satoshi Nakamoto when he (or they) created Bitcoin in 2009. Holders can transfer asset rights known as "bitcoins" to another individual in an unidentified contract. Bitcoin are not physical currency and work as a sequence to virtual data. Through permissible in many day-to-day transactions in real world scenarios, Bitcoins are acquired by miners solving complex mathematical computations to inscribe Bitcoin transactions and as a result, receive Bitcoin.
Carefully thought out and proof tested before launch.
Total supply of $IMT
$IMT holders can convert to $IHASH and earn mined Bitcoin
Miner expansion is funded in part by a token treasury
No tax is charged on buys or sells under the upcoming model - a base requirement for tier 1 exchange listings
Buying $IMT allows the holder to convert to $IHASH and collect passive income in the form of mined Bitcoin (BTC). Original $IT or $IMT holders who collected Ethereum rewards as part of the original model and still have rewards left to claim may do so by clicking the Claim ETH Rewards link below.
Become a member of the Infinity Mining Token DAO by holding 10 million or more $IMT. Obtain voting rights to help decide the future direction of the project.
We've had some great accomplishments so far including the acquisition of 40 ASIC mining rigs under the original Infinity Token model. The full roadmap will be available as part of our updated whitepaper.
Here are the highlights from our upcoming roadmap:
Ecosystem Modeling + New Whitepaper Finalized
Initiate Staking Platform Development
Transition to New Token (Airdrop Current Holders)
Launch IHASH Staking Platform
Install Miners & Mining Containers / Hardware
Evaluate Token Treasury for Hashpower Expansion
Expansion Evaluation
Antminer S19 XP Orders
Expand IHASH Cost Efficiency Team
Tier 1 Exchange Listings (Huobi, Kucoin, Binance, Etc.)
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