A) 5 years of business or who is behind the project
This is a project by MEATEC LLC (https://meatec.io/). We are providing colocation mining and hosting since July 2018 and launched Infinity Hash as a separate project to our colocation mining in Q1/Q2 2023 because we hated how traditional cloud mining worked and how low "customer success" with cloud mining was (this is also why the domain is so new).
- This is also disclosed in all FAQs on the more detailed landing pages (including a map link with address etc.)
- MEATEC and Infinity Hash share the same dashboard under different domains with different design, but we decided to separate them a bit to not confuse new users that "just want cloud mining" with all the colocation functionality
- The whois record is points to cloudflare because we are a small team and decided to use Cloudflare after continued DDOS attacks on different pages and our dashboard (here is the postmortem https://blog.infinity-hash.com/behind-the-scenes/ddos-incidents-november-2023-postmortem/)
B) Landing pages
We currently have 3 landing pages (just posting the English versions below) we use for advertising:
1. A concise one with basic info and transparency links at the bottom: https://landing.infinity-hash.com/001-en/ (this one is basically no longer in use and only still up because some people are still using it --> will most likely be forwarded to 2. permanently in the future)
2. A longer one including a giant FAQ and risk warning + transparency links at the bottom: https://landing.infinity-hash.com/002-en/
3. A third one that is Google Ads approved and like 2. but without any profit estimations: https://landing.infinity-hash.com/ga-en/
C) Landing page content
1. The profit estimations
- "33% Annual In The Bear Market" --> 33% is simply our average APR in the bear market after deducting all costs. Since users can sell their hash rate, we COULD also write 133% (like other projects do) but we don't because we can't guarantee sell prices for hash rate and don't want to lie to users
- "100%+ In the Bull Market" --> Yes, this is what users actually earn during full bull market conditions
- "Below is a conservative profit estimate based on our current miners at various bitcoin prices." --> "profit estimate"
- "Please note, that the below numbers are an estimate and we can’t promise these returns!" --> highly visible and in yellow to drive home the point that this is an estimate
- "Approx. 230% Annual Profit*" --> is right below "$100k / Bitcoin", this is the actual return we calculated for how the project shares work at 100k BTC (full calculation and easy to use calculator available here https://blog.infinity-hash.com/share-price-calculation/). We are currently using the Whatsminer M50 for the project and have a public electricity price of $0.055 / kWh
- "Approx. 230% Annual Profit*" --> There is also a star here with a centered info line available without scrolling and in normal font size below that says "*If you bought your shares at an average of $1 per share". This might actually not be true since users that bought shares at $1 would probably have much higher returns (just like if you buy a good BTC miner during the bear market and then look at its returns during the bull market when even the actual hardware would cost something like 5x the amount)
2. "Who is behind Infinity Hash?" section - available on the 2. and 3. landing page
- Includes the real names and faces of people behind the project
- Includes the full address and info about MEATEC as the company behind the project, as well as contact options
- You can also see that Elias is real in the Dashboard and Marketplace update video on our YouTube Channel: https://youtu.be/d2ZpQQyI810 and https://youtu.be/-uxzXS3BxPY
3. "Infinity Hash is special" section
- Basic info with a big button leading to our full FAQ that goes into everything (including profits and mentioning that we CAN'T promise them at almost any point possible. It also has the entries "Can we promise you profits?" and "Can I lose money with Infinity Hash?")
- Here is the link to the FAQ: https://blog.infinity-hash.com/faq/
4. "A word of WARNING" section - available on the 2. and 3. landing page
- Basically a full risk disclosure with a link on how Bitcoin mining works (Investopedia article) and all the ways this project could lose people money. We know most users just scroll past this, which is why we added "WARNING" in caps lock
5. "Answering All Your Questions" section – Including most of the FAQs based on legal requirements for advertising we had to skip a few entries / phrase them a bit different but the "bad", "you can lose money with this" info and the "this is risky" parts are included every time, as well as full transparency in how profits are generated etc.
6. "More Information and Links" section - literally a giant list of transparency links. Here are the most important links from the list:
- Weekly updates: https://blog.infinity-hash.com/weekly-updates/
- Transparency reports: https://blog.infinity-hash.com/transparency-reports/
- Public mining pool: https://www.viabtc.net/observer/dashboard?access_key=f040aa00a0c95bc79a301dc07498007a
- Public electricity wallet: https://tronscan.org/#/address/TBy6NqQRUUQetSA8yeNgDBs6mh43hmcSm5
- Public reinvest wallet: https://tronscan.org/#/address/TMaymjtdjGkS7n2uHbGQX2emznyD6pZVx4
- Our blog (including a lot more info): https://blog.infinity-hash.com/
D) Thank you
We really created this project to change how the usually scammy cloud mining industry works. This means no time limit on bought hash rate, making almost everything transparent, not charging exorbitant electricity prices (only $0.055 / kWh), having an easy-to-understand dashboard with no KYC and no minimum investment so people with less cash or privacy concerns can participate etc. We probably put half a million USD in development for the dashboard, the underlying software and all the effort that was and is being put in the weekly updates and in posting insights and actual stuff from our mining farm on socials (not to mention that we show insights from hardware repairs of our on-site repair shop).
We hope the numbers and overall project makes more sense to you now, and also want to thank you for maintaining the Scam List (which we use ourselves, hence why we found our landing page here). If you need more info, just hit up an admin in our Telegram group. We are a transparent community project and can give you nearly everything you might ask for.
Added new 30 sites on this black list.