Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Dash Forum => Topic started by: Crestie C. Tuvilla on May 24, 2018, 09:02:07 AM
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The foundation of Dash is its blockchain, which is a decentralized ledger of all transactions that have ever taken place. This blockchain is secured through a consensus mechanism called “Proof of Work” (PoW). Through a process called “mining,” people use specialized computers to solve extremely difficult math problems
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The foundation of Dash is its blockchain, which is a decentralized ledger of all transactions that have ever taken place. This blockchain is secured through a consensus mechanism called “Proof of Work” (PoW). Through a process called “mining,” people use specialized computers to solve extremely difficult math problems. If their solution is correct, they receive the right to add a new block to the blockchain. Once the network verifies that the problem was correctly solved, a new block is added to the blockchain and the miner is rewarded with Dash currency.
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it is true that most people get the coin by mining and mining it does require complexity in getting the coins we want to have.
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it is true that most people get the coin by mining and mining it does require complexity in getting the coins we want to have.
Yes, miner get rewarded, and like Dash coin, the network’s block reward is paid out to three separate groups: 45 percent to miners for security; 45 percent to masternodes for InstantSend and PrivateSend functions; with the remaining 10 percent – the treasury.
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It is true that in mining coins we need tools like computers and VGA to get the dash coins we want, and I think mining coins is very profitable.
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it is absolutely true because with the mining process that is very difficult it will be able to produce the dash we want, because that is the process that must be done.
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true to what you say, by going through mining new people can get bitcoin, and the amount of bitcoin is also limited to mining, but it also takes a long time to spend.
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the computer here is very important because I think the computer is the main tool in crypto mining and that also includes dash coins.
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We need tools like computers and VGA to get the dashboard coins we want, and I think mining coins are very profitable. For further use, it can be used as investment capital and converted to bitcoin.
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Dash throgh a process caelld mining people use specialized cmputers to soleve extremly difficult math problems it their solution is correct they receive the ridht to add a new block to the blockchain.
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In addition, for miners to earn rewards while mining, they have to solve difficult math problems, which then have to be approved by others on the same network. This can be achieved by employing a combination of specialized software and hardware elements.
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Yes i agree that it's all about the computer and the internet miner get rewarded and like Dash coin the network block reward is paid out.Miner are being rewarded and earn their profits.
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it's true that to get a dash we can do it by mining but we need to use a fairly large amount of capital to buy computer equipment and solve difficulties in solving Block.
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You are right Dash implements an algorithm known as X11, which miners must solve to get prizes.
The simplest and most common hardware available for mining is the purpose of a common CPU present on every computer.
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it's true that to get the dash through the mining process using computers and other supporting devices, and I strongly believe that dash mining is very profitable.
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~snip~
Very informative and in my opinion it is very good for beginners who want to understand how DASH works.
This is the percentage of Rewards that is given from the DASH #DevelopmentTeam and this is worth keeping in the Bookmark.
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it is absolutely true that it was obtained from mining using computers and other supporting equipment, and I strongly believe that it was through a very complicated process.
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DASH has a total supply of 18.9 million, of which around 8.8 million is already mined. Dash mining (https://seo spamnews/how-to-mine-dash-in-2019-beginners-dash-mining-guide) is now only possible through something powerful like ASIC, as now CPUs and GPUs cannot be used to mine Dash.
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dashcoin mining is very profitable because the price of dashcoin will always increase every year, and I strongly believe that dashcoin is very potential and mining dashcoin with computers.
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Dash coin mining is same as we mine the Bitcoin and also the other coins through mining we get the coins for free and so many peoples will do this and make money for free on the daily basis.
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The foundation of Dash is its blockchain, which is a decentralized ledger of all transactions that have ever taken place. This blockchain is secured through a consensus mechanism called “Proof of Work” (PoW). Through a process called “mining,” people use specialized computers to solve extremely difficult math problems
I personally dont like to mining, because the mining equipment is very expensive. I prefer to buy and hold. I think It is more cheaper than you buy mining equipment. Electricity cost also expensive mate. It is not profitable way to do now.
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I Also Think dash coin is good for mining purpose . For mining we must have good graphic and processer , already I minne more than 2 dash coin from my pc .
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for mining we need Graphic card my opinion just buy it hold
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There doesn't seem to be any miners that are profitable for dash.
I did consider mining it at one point
Also the masternodes don't seem worth buying into.
Maybe just to buy for dash pay or privacy
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Dash coin mining is same as we mine the Bitcoin and also the other coins through mining we get the coins for free and so many peoples will do this and make money for free on the daily basis.
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Mining in the context of cryptocurrency such as Dash refers to the process of searching for solutions to cryptographically difficult problems as a method of securing blocks on the blockchain. The process of mining creates new currency tokens as a reward to the miner. Mining is possible on a range of hardware.
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mining dash can you use a rig too? is the result worth the electricity?
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it is true that most people get the coin by mining and mining it does require complexity in getting the coins we want to have.
Yes i agree with you.i I always like to trade in mining coins.That's why I support it.Mining on mining coins reduces the rate of tokens a little. This is correct, but at a time when good profits are available.
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yes it's also true that most people get coins by mining and mining does require complexity in getting the coins we want to have