As a cryptocurrency miner, for a long time, I downhearted to pay energy cost bills as well as I was not satisfied with my mining rig's performance because of problems like shutting down for overheating machines. However, not all cryptos are same and one of the energy savings and profitable coins is Infinex. I never looked back once I set up IFX for mining along with its masternode.
What is Infinex?
Literally, Infinex is a digital currency based on Dash and Bitcoin that includes masternode features. It's a proof-of-work decentralized cryptocurrency which uses peer-to-peer technology to operate with no central authority or banks. But, it's not just a cryptocurrency, it's an entire blockchain that includes crypto exchange, social network, gaming and more decentralized applications.
Infinex Features:
- Hybrid PoW + Masternode model
- Masternode: 1000 IFX collateral
- Minable: Yes
- Algo: Lyra2z
- ASIC Resistant: Yes
- Maximum supply: 26,280,000 IFX (over 10 years).
- InfiniLoop: It ensures network stability and security.
- InfiniGuard: chain protection via Minimum-Chain-Work + Best-Block-Hash programs.
- TextSpork
- Instant transaction
Deploy Infinex Mining Rig
If you can understand the value of Infinex project, I'm pretty sure you won't delay starting IFX mining. It's pretty much profitable with both CPU and GPU because of its high power efficiency of the Lyra2z algorithm and ASIC resistant feature. IFX mining machine consumes low energy, so it does cut the actual production costs. If you have a mining rig, can switch mining to IFX by downloading AMD GPU mining tool or Nvidia GPU mining tool from the official site of infinex.info. There official pools and many third-party pools to boost mining speed, find official pool links here. For unofficial pool info, you may look at Bitcointalk forum thread or other pool's posts. Miners rewards are split in 5:5:1 ratio with masternode and founder's rewards. The reward and its value is pretty much attractive for making your mind kick start IFX mining right now. To gear up it, I'll share some exciting news with you. The very first one is: literally there was no pre-mine coin except a small amount of airdrop.
Pro tip: IFX mining is pretty much cost-effective, so keep up machine 20 hours and give it rest for four hours. It will increase mining tool's longevity.
Related tutorial: You can watch this video on youtube to learn how it works.
Infinex Future
Infinex replacing its competitors market and taking leads of masternodes and decentralized exchanges. Due to its low-cost faster transactions, it's getting overwhelming support from investors and community members.
Infinex's most notable project is InfiniDex - a decentralized crypto exchange. It is almost ready to launch and promising to deliver the best experience of an exchange we could ever get. It will run over masternode network and will complete any given task through these special nodes. This will ensure the security of the blockchain including InfiniDex exchange and the coin itself. Designers and developers of InfiniDex are resourceful and forward-thinking techthusiasts. They are planning to take maximum benefits of the blockchain technology and adding many great projects in the pipeline of Infinex roadmaps, such as InfiniLIFE, InfiniLIVE, InfiniAppMarket, and InfiniFUN. All these projects will get life one after one.
Masternode IFX
One of the most profitable masternode coin I found at cheaper investment. $1100 to $1300 investment is good enough for setting up an IFX masternode at the current price. At the time of writing, 1169 Infinex masternode is up live with a 151% annual ROI. My best guess is the possible reward should be 5 IFX in every 24 hours. It's a general evaluation that might be more important than the specific evaluation anyway. Masternode rewards won't decrease over time while mining rewards will reduce every year, accordingly. Setting up a masternode is an easy task, make sure your node is up for 24x7. A VPS server like vultr may help you regarding this. If you are not experienced, you may take help from this tutorial before setting up a node.
Masternode information:
One masternode collateral is 1000 IFX, it's around $1300 right now. Make sure you are sending the 1000 IFX in a single transaction. Weekly expected profit is 35 IFX, it's around $50 right now.
Pro tip: Purchase IFX coin now, and set up at least two masternode, so that you'll make huge profits. The price of IFX will have a massive run just after their own exchange launch.
InfiniDex
InfiniDex is the decentralized exchange currently under development and in Alpha-2 testing phase. It is almost in the last stage of testing before launch. I'm one of the lucky users to have the chance of trying InfiniDex before opening. The dashboard is super attractive and newbie friendly while most other DEX is complicated for new users. InfiniDex's network secured through masternode network. So, there is no chance of being hacked. Technically, each nodes has a specific task to complete, if one skip it then another node will automatically receive and complete the task. Launching InfiniDex makes holding it's masternodes worthwhile.
Calling Investors
With the recent explodes and huge popularity in a very short time, Infinex is becoming an unstoppable currency that continuously climbing higher with a holding back for not dumping the price. Its movement is slightly upward even at the bear market time. So, it must have significant potential profits in long-term investment. As an experienced blockchain investor, you shouldn't lose this opportunity to be an early bird. Go get yourself some IFX and try purchasing masternodes, earn passive money for a lifetime. If you are considering investing, you may be wanted to talk with that community or team members. In that case, Infinex has a sweet community on Discord, just for you, yes it's dedicated for its users.
Finally, Infinex mining brings back my satisfaction in both terms saving energy and cooling rigs, while it increases profits. I'm inviting everyone to consider a test mining Infinex.