Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Dash Forum => Topic started by: mamun777 on October 07, 2018, 11:37:59 AM
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Hello everyone,
I'm close to pulling the trigger and pre-ordering an antminer D3 and it would be for the December batch. I'm nervous that mining profitability will drop a ton by the time I'd receive the D3 and I'd be stuck not being able to reach ROI. Currently Dash is around $4k a month profit with the D3 after power costs.
With the increasing difficulty due to more D3s coming online how much should I expect profitability to drop by 2018?
I do realize it can mine other coins as well with the X11 algorithm so that may be an option if Dash isn't profitable anymore.
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Actually ROI could compete with other types of kiss as long as we remain patient in the hoard for a while and then wait for price movements up in order to gain multiple benefits later.
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I would check other coins, or even not mine at all. Take a look at nodes, node coins. I believe they are the future. Mining is so old and most coins will turn to Proof of Stake.
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Compared to mining Bitcoin, mining this Dash is more profitable. Dash can do mining with a computer PC and X11. This coin has a transfer speed that cannot be doubted. And Dash network fees are lower than Bitcoin. That's why Dash can be a profitable mining option in 2018.
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This kind of investment can be named as playing lottery. If you are lucky enough, your ROI will be shorter. However, a lot players in the game, will reduce your chances to win lottery. If you trust your senses, you can play this game.
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I'm receiving my antminer D3 tomorrow and from what I've read a lot of people are in the same boat as I am. I purchased it a few months ago when it was extremely profitable - I knew it would drop but not down to nothing like it is now. I realize the difficulty being as high as it (due to the crazy amount of miners on the network) is has made profitability drop as well as people not holding or using Dash.
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but in my opinion dash is very potential for mining, so profitable in 2019 it will be bigger than this year, because the price of dash will certainly increase.
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As of late, the value of dash has been steadily increasing. Furthermore, its X11 algorithm is miner friendly, providing a great return on investment.Since ASICs can be used to mine Dash, the ROI (return on investment) is even greater.
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Well it depends on how determined and hardworking you are and the technology available to you in mining it. You can make a reasonable profit of that.
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Increase in Value - Dash is instantaneous, anonymous, and has extremely low fees. All of these factors contribute to Dash’s steadily increasing value. As the value of Dash rises, so does the mining profitability and the return on investment.
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The total mining depends on the hardware that is to be used for mining. Here, Dash mining does not need any special hardware other than GPU. A GPU is the Graphic Processing Unit that allows the miner to mine Dash with a good hash rate. The hash rate totally depends on the hardware that is to be used for the mining of Dash
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Dash mining profitablity in 2018 will continue to increase as this will be support with more investors.This coin is getting strong and been more competitive in the crypto price market.
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Dash mining profitablity in 2018 will continue to increase as this will be support with more investors.This coin is getting strong and been more competitive in the crypto price market.
That would be nice for Dash coin miners ;D Dash is now ranked 12 at coin market cap's highest capitalization and it looks
that Dash is really doing great and supported by a lot of investors in the crypto currency world.
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I think mining a dash coin is very profitable, and you should hold a dash before waiting for the price to rise again to be higher in price.
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In my opinion we shouldn’t mining not only Dash but also for all others coins because the profit from mining canypay for your electricity bills. The hash rate is very high now