While other projects have to depend on donations or premined endowments, Dash uses 10% of the block reward to fund its own development. Every time a block is mined. Start dash mining with HashGains, offering best Dash coin cloud mining services with hardware and software at lowest cost with highest hash rate. To know more chat.

One of the possibilities to get Dash is by mining it. There are two main mining options: • mining it by yourself using your hardware • mining it by renting shared device in the cloud data center also called cloud mining. This article provides the information about the Dash cloud mining (also cloud hashing or X11 cloud mining). Recommended Dash cloud mining providers • has been involved in cryptocurrency mining since the inception of Bitcoin and has years of experience in this field. Since auguts 2016 they also offer one year Dash mining plans with no maintenance fees and the payouts in DASH. The minimum order amount is very low, so you can start with low investment and see how it performs (1 MH/s costs a few coffees).

Use discount code HF17PLUSBTC3 for a 3% discount. Buy with credit card, wire or Bitcoin. • is the largest and most trusted Bitcoin and Ethereum cloud mining provider in the world. For Dash mining you need to buy 2-year mining plan, there are no maintenance or electricity fees. Payment is made upfront for the 2 years and everything mined during this period will go to the contract owner. Their Dash mining facility is in Iceland. Update: back in stock (June 30, 2017).

We have Dash mining contracts with both mining companies, and as long as they are on this list above, they pay every day and are reliable! What is cloud mining? If you want to invest in Dash currency, cloud mining is an attractive option.

It enables users to purchase hashing power from hardware in data centers, without managing hardware, software, electricity or other issues to mine crypto-currencies. It will save you all the trouble to run a miner on your own, and probably bring you more rewards instead, especially if you are not a hardware expert. Dash requires miners to have a GPU or ASIC to mine the currency profitably and even if the user is ready to buy one, ASICs are often sold out, and they require a certain amount of knowledge and work to maintain. Cloud mining offers a unique way for mining with a low cost of entry as well as minimal risk and expense, which is opposite to traditional mining models that involve maintenance and configuration of specialized hardware. You can start mining Dash immediately after the purchase of mining contract. You can earn extra revenue with little risk and frequent payouts. Dash mining algorithm Dash uses X11 algorithm, which is a chained hashing algorithm.

It is utilized for the “Proof of Work” calculations which secure the network for Dash cryptocurrency. It is named “chained algorithm” because it uses 11 different algorithms which are linked together. The use of 11 different algorithms among other things increases the security of coins against brute force attacks. A multi-hash system means that for the system to fail, all eleven hashes must fail at the same time (the probability for this event to happen is very close to zero). As it was designed specifically for cryptocurrencies, it has one of the most sophisticated cryptographic hashes in use.

It is suitable for both CPU mining and GPU mining. The first coin to implement it was Darkcoin, which has since rebranded itself to Dash. Cloud mining profitability and ROI Profitability of your contract depends on a few different factors, the most important are Dash coin market price, mining difficulty and mining contract price. In general, you need to compare how much you pay to rent the hardware and how much coins you get in return.

Update on Dash cloud mining profitability – August 21, 2017 Our mining plan at has 100 MH/s mining power and gives us 5.5 US$ daily (DASH price is 290$ and there are no maintenance or electricity fees). Currently, you pay for the same contract 580$ (withouth ). If the price and difficulty stay the same, you will get your investment back in about 3 months. As the contract lasts a year, there is a 9 month profit! Please note that you can not predict the price and mining difficulty in advance (the higher the Dash price, more miners will join in mining and difficulty increases). Calculators like will provide an information on your future revenues. Once again, they can not predict the future with 100% accuracy.

Other Dash cloud mining providers • – little is known to us about this cloud mining provider and the website is difficult to use, so please use them at your own risk. 1 MH/s of X11 cloud mining currently costs 0.0019 BTC and the contract lasts until it is profitable. Their mining farm seems to be located in China.

• provides hardware for SHA-256 and Scrypt mining that is mostly used for Bitcoin mining. If you want to get Dash, they convert newly generated Bitcoins into Dash automatically. So, this is not pure X11 mining plan, and rewards are lower. • is a live marketplace for hashing power.

It uses an orderbook to match mining contract buyers (miners) and sellers (hardware providers). The minimum amount of hashing power you can order is 0.30 GH/s. It is more difficult to use and is recommended for advanced users only. Cloud mining downsides The main disadvantage of cloud mining is the risk that mining becomes unprofitable with your rented hardware and you just can’t do anything about it as you paid it 100% upfront. That is also why most of the cloud mining providers are and are rather selling contracts in the first place. Usually, this happens when the value of your coin gets low for some reason or new equipment with better performance comes out. Your cloud mining provider will turn your device off as it consumes more energy than are mining rewards.

You also don’t own any hardware after your renting contract ends, which means you cannot sell it. Then, there is a significant risk that the company that provides cloud services will just disappear – many cloud services can even start out as a legitimate business and get greedy after a while, or do not keep up with the ever constant pressure to upgrade and invest in their hardware. Some of them oversell what they have. Related information • Want to mine Dash with your hardware? See this and.

• For the latest news and information from Digital Cash head to official account and channel.

What is this? The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis.

Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions. How is this value calculated?

The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. Can I disable it? The diff change factor can be disabled by either manually setting it to 0 or clicking a 'Use Diff Change' switch found below the graph and in the break-even analysis section. What is this? The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. How is this calculated?

SmartCash SMART Buy Or Mine. Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account. If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the 'Use Diff Change' switch. Why is my break-even time 0 or never? If your break-even time is 0 you have likely forgotten to input your hardware cost below.

If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. You could try lowering the diff change for a less agressive prediction or disable it altogether. What is this? The profitability chart can help you visualize your long term mining projections. The chart can operate in one of three views: Total Profits The Total Profits view predicts what your overall profitability will be in the future.

This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty (diff change), the diff change factor can be disabled. This view assumes the price of the coin will stay the same. If you wish to account for a changing price (ie if you think the price will rise in the future), switch to the 'Coins Generated' view. Coins Generated This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value.

A high diff change will cause you to generate fewer coins in the future. Total Costs This view sums your power and recurring costs. It can be used to predict the total cost to operate your mine over a given period of time. What is this?

Price Change allows you to factor in the changing price of the currency into your projections. You can use this to generate accurate best-case and worst-case projections for your operation. Why does Price Change default to 0? It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you.

How does this value factor into the calculations? It depends on what Selling Profile is set to. For more details, click on the question mark beside the Selling Profile field found directly below Price Change. What is this?

Selling Profile tells the calculator how to use the Price Change value. Price Change must be set to something other than 0 to have any effect on the profitability projections. Selling Profile has 4 different options: Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. Your profits will equal (money earned from selling) - (total expenses + hardware costs) Sell to Cover Expenses Only sell enough crypto to cover your monthly expenses. (electricity, rent, etc.) Your profits will equal (unsold crypto * predicted price) - (hardware costs) Sell a Portion Monthly Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month.

For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) - (total expenses + hardware costs) Never Sell Coins Select this option if you plan on holding all of your crypto.

Your profits will equal (all crypto mined * predicted price) - (total expenses + hardware costs).