Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3. Dash mining profitaibility still low. Full Member Offline Activity: 154.

Genesis-Mining Profitability Spreadsheet: Discount code “qLsBuC” Get 3% off Genesis Mining Operation Mine Bitcoin, DASH, Ethereum and other cryptocurrencies DAILY with HashFlare! Hardware Wallets Get $10 Bonus in BTC when signing up and purchasing over $100 of Crypto BTC Donation Address - 14KRMZzcr4qzFTJ1evi78YzHGJAorLHK41 LTC Donation Address - MJfoinFYBhJvDgPyydSUrhB1XozkeBeVT6 More Videos on Cryptocurrency and Scams: Control Finance Scam Why Would They Need Testimonials From Fiverr - Bitcoin Loans and Lending Ponzi Bitcoin is Like the Internet in 1995 - Now is the Beginning of Global Adoption for Cryptocurrency BitcoinCash to Cause Bitcoin Crash? Five Percent of Miners Might Cause Hard Fork After all Control Finance and Bitconnect CryptoCoin Scams - Mistakes to Avoid When Working with Bitcoin HYIPs Is ControlFinance Just another Bitcoin HYIP Scam? Testing it out and Due-Diligence - Crypto Review HashFlare Cloud Mining Review - Best Scrypt Mining Litecoin Contracts Available Ethereum Falling Wedge Reversal Breakout, Daily Closed Above Downtrend Line How to Buy Cryptocurrency, A Guide For Beginners - Buying BTC, Ethereum or Ripple Online How Low Can BTC Get Before Genesis-Mining Lifetime Mining Contracts Not Profitable?

Here’s Our First Look at the Antminer D3. Something like DASH mining which has had until now small batches of. Looks like we still have some from batch 1. Unlike Bitcoin, which uses the SHA-256 algorithm for Bitcoin mining, Dash uses a different algorithm called X11. It looks like this.

Is Genesis Mining Legit? How it works and What to Expect and The Types of Crypto You Can Mine Has Ethereum Crypto Currency GPU Sales Peaked For AMD And Nvidia? GPU Pricing and Supply Shortage Genesis Mining Dash X11 Contracts No Longer Profitable Fall 2017? A5 DashMaster ASIC So I have been looking around trying to find how much the difficulty rate for DASH will go up once these super powerful X11 ASICs hit the network. Will it be comparable to bitcoin mining once more powerful ASICs were released around 2014? This is a concern to those who are holding 2 year cloud mining contracts with genesis mining or hashflare.

It looks like for the price to get 4M0anS before X11 sold out on Genesis, the cost was about $4500. The new ASIC shipping in September will generate 38,000 Giga Hash per second when overclocked and only cost $9999 for the hardware and 1250W of energy. What the heck. So for 5% of the hashpower we paid as much as the the new miners coming out At this point, that means the only profitable contracts still available on Genesis would be the lifetime bitcoin SHA 256 mining.

The new ASIC miners are not on the network yet so difficulty has not yet adjusted for DASH. Based on the number of units sold and combined hash power compared to existing hash power, there has to be a way to project the future difficulty.

No doubt the A5 will sell out almost instantly but let’s look at difficulty if it triples or quadruples after the additional hash power hits the network. Using a random mining calculator for dash we see that the current difficulty is about 600,000. I only have 163 MH/S in contracts that cost me about $800 and looks like a measly $1.80 per day in returns. I don’t even want to know what it is going to be once the ASICs are plugged in.

Here is what it would be if you got your hands on one of these today with the current difficulty, $412 a day, very nice and would quickly pay back the hardware costs. Mining difficulty triples, profit down to $135 with the new ASIC. Quadruple todays difficulty, still $100 a day. Difficulty times 5, still $73 and about $2200 a month, not too bad. Difficulty times 10, about a $1000 per month with the new miners. Times 20 current difficulty, would only see profits of $386 a month. So these miners would be a way better investment than cloud mining, unless somehow they start offering contracts for X11 that are proportional to the new hardware.

This is just one of the risks taking with cloud mining. It seemed safe to invest in Genesis X11 but now it is not looking so good. I am no expert on this subject but am learning as I go, but using simple math the difficulty for DASH will increase drastically with these new machines and those locked in to contracts will begin to see their profits drop a lot around October 2017. The best case scenario is that the price of DASH will skyrocket as well, keeping the profits somewhat proportional to the hash power, we can only hope.

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Mining Dash can be done at home with any recent AMD GPU! Our renewed interest in both mining and altcoins, especially DASH. We decided it was time to try and mine again. X11 altcoins haven’t been “ASIC’d” yet, meaning there isn’t specialized hardware for X11 algorithm cryptocurrency.

This has made X11 altcoins easier to mine with consumer hardware. I own an AMD Radeon 280X in my own desktop, so I figured I’d give it a run. It was both tougher, and easier to setup than I thought. I’ve mined Bitcoin many times before in the past and present, but with ASIC hardware thousands of times more powerful than consumer hardware, Bitcoin mining requires a ridiculous initial investment.

Do promise to change that though. Why is DASH Easier to Mine at Home? DASH mining won’t be profitable at this level for much longer, so get started now! Understanding that DASH utilizes the X11 algorithm is important to understand before mining.

DASH developers created this algorithm specifically to make it difficult for companies to manufacture hardware that solves it. Monero XMR Mining With Gtx 1070. X11 consists of 11 different cryptographic algorithms, so it’s more suited for GPU mining rather than CPU, although it is possible, but GPUs are more powerful at this. This makes mining more available to the people and decentralized as Bitcoin mining has become increasingly centralized. With that out of the way, let’s get into this. X11 AISC are on there way, so if you have a gaming rig, start mining now.

It wouldn’t be profitable for long! Getting started with DASH Mining What’s needed? • DASH Core Wallet • Windows Computer • AMD GPU of the following: • Cape Verde: 7730/7750/7770 • Pitcairn: 7850/7870/R9 270/R9 270X • Tahiti: 7870XT/7950/7970/R9 280/R9 280X • Hawaii: R9 290/R9 290X/R9 295X2 • Sgminer • Time and electricity Step 1: Get a DASH Wallet. Clicking receive will always give a new address, don’t fret, all these addresses allow you to spend payments received there.

If you don’t have a DASH wallet, please download the. Personally I don’t trust payouts to third party wallets, so I always download the core program, regardless of cryptocurrency.

Open the program and it will begin downloading the blockchain, which will take a while, so it’s important to do this first. Be sure to backup this wallet while using it to ensure your Dash doesn’t get lost. Step 2: Download SGMINER Sgminer can be downloaded.Be sure to extract everything and keep it in an easily accessible folder.

Other websites may include viruses with sgminer, so be careful when downloading. This is the mining program for AMD GPUs. It also comes with binaries for use with other devices, but this tutorial only covers AMD GPU mining. Step 3: Configure Sgminer. I don’t think there are any comparative alternatives, with regards to performance anyways. But it is a delicate process to find the optimal settings and I would advise just finding a video on youtube that demonstrates how it is done, maybe you will find your problem that way. But if it doesn’t improve you could also add some leverage with cloud mining which is optimized for your specific coin of choice.

I also use genesis mining as a supplement because the ROI is so low these days(about 4 mnths on 24 mnth contracts) that it may very well be the best investment around. The principle is still the same though, you have to research which coins will presumably rally the most and then go for those. This way just makes mining possible for the technically challenged, those who don’t want to keep getting new graphics cards and gear, aswell as removing all stress factors for the pro miners. Either way, you may want to grab a discount if you do go for cloud mining, and genesis customers can share discount codes for newcomers such as this one: 809fKo Happy mining! May the hash be with you 🙂 •.