Despite the fact that the number of alternative, that is contrasted with bitcoin (which has long exceeded the mark of 10 000), cryptocurrency, real competitors, the prospects of having to catch up with the price or surpass pioneer, are just a few.
Reason of this situation is that the majority of users focused on the rapid increase of capital and interested in new coins only during the starting rush. When it subsides, cryptoexotic forget about it and switch attention to the new proposals, the lack of which no.
In this review we will look at a confident participant in the TOP 10 most expensive crypto – coin Dash in the context of a tool for profit through mining. As mine Dash – a manual for those wishing.
Dash differs from other cryptocurrencies?
Before addressing the question as mine the Dash, you need to determine why this cryptocurrency deserves to switch on her mining power.
A bit of history. Founded in 2014, the cryptocurrency Dash (dash or Dasha), initially, the team gave the coin the name Xcoin, playing with the anonymity network. The second option was the name of Darkcoin that shows prospects for the use as means of payment in the so-called darknet and only after more than a year, in the spring of 2015, the currency has received the final name of Dash. The new name is moved from the darknet and anonymous and stands for “digital cash” that is digital money and a swift motion.
Work on the network began with one man – Evan Duffield. By their activity and ideas Evan is very rapidly organized around themselves a great team, accelerate the process of working on a project at times.
The implementation was taken from the idea, and after careful analysis of the advantages and disadvantages of Bitcoin and add many of their own decisions.
The result was a Dash that is positioned not in the usual format of cryptocurrency, but as an alternative international payment system.
The main task of the team is the study of all processes of using coins so that they do not cause any difficulties for people of all ages and activities.
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Dash vs Bitcoin. Key differences
In the first part of the article mentioned that the coin has several key differences from the discoverer of the cryptocurrency industry.
We will deal with them in more detail:
- Dash uses several encryption algorithms network;
- High anonymity of transactions, comparable with Monero;
- Mining Dash consumes less power;
- The project team is not hidden from users, actively promotes your product and it constantly adapts to the current realities;
- Making changes in the network may be initiated by any of the participants and are voting operators Mastered for acceptance or rejection of a proposal.
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Dash as mine
One of the differences implemented by the team was the failure of the most commonly used algorithms Scrypt and SHA-256.
The dash system is built on the X11 algorithm, which provides 11 lines of hash.
The complexity of hashing Dash is not fixed and is subject to increasing, depending on the network load by means of DarkGravityWave. The remuneration of the miners are also not fixed and not tied to a specific unit or indicator of difficulty, and is calculated according to the formula – “2222222/((Difficulty+2600)/9)2)”.
Interesting fact. In the first two days after launch the coin shared by the miners produced more than 1 900 000 coins. The reason for this was an error in the code network, which, however, was quickly closed. However, extracted, thanks to the error coins were the users that caused a very active and heated debate on the network.
Despite this, the consensus decision of the all “As is” (as is) has not been changed.
The total issue volume in the network is 22 000 000 Dash, but versed in the issue of mining processes, experts say that at the current level of activity is unlikely to be produced more than 18 000 000 coins.
Dash supports four types of mining:
- Mining DashCoin on the processor;
- Mining Dash on the graphics card;
- Mining Dashin on Asic miner;
- Using the services of cloud mining.
It is worth noting mining on the nvidia and radeon, as used X11 algorithm not only requires less energy to compute, but also less heat the GPU, which reduces the workload on cooling and also saves electricity.
A key requirement under the Dash mining on graphics cards is constantly updating drivers to ensure highest hash rate versions.
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Than mine Dash?
Each direction of mining of cryptocurrency has its own unique settings and the most popular pools, which we will discuss in this section.
Mining dash on the graphics card
If the data of the questions you asked recently and have not made any acquisitions of equipment to build the farm, before making a final decision on models of graphics cards best to explore thematic threads in the forums concerning the discussed topic.
Users who collect farm for cryptocurrency mining have a lot of hacking, which is difficult to describe in concrete material rather have a book to create.
Regarding the question of “how”, the answer for video cards is unambiguous and data mining programs are used by the overwhelming majority of users running dash.
For Nvidia cards – this program ccMiner, AMD – sgminer.
On all the same forums in sufficient quantity presents the configuration files for all major graphics cards, giving a hash rate sufficient to payback the farm in principle.
In case mining is carried out on machines in the office, so to speak after hours or on computing of enterprises, it is convenient to use multipul MinerGate, which does not require any configuration and automatically switches the process to the coin that has the highest ratio of quality/price at the moment.
CPU mining Dash
Since the production of many TOP cryptocurrency is more the GPU processors that are part of the CPU power remains untapped because users translate it it is not too productive, but still mining coins.
Programs that allow you to make it the most profitable listed:
In addition, there are applicable the use of the above-mentioned a multipool that supports both types of processors to work.
Under the General category of Asic means increased markedly in recent years a special family of chips, assembled in ready to work a small farm aimed at the production of coins with specific algorithms.
For the object of our review is the most good fit the following models:
- Pinidea X11 Miner DR-1;
- iBeLink DM384M X11;
- Baikal A900 X11;
- Pinidea X11 USB DU-1.
Important. Due to the fact that many governments of the CIS countries, especially Russia and Ukraine, began to actively oppose mining in a very tight format, namely the confiscation of equipment, imposing of arrests into accounts and other methods, carefully study suppliers and the conditions for the acquisition of equipment, the format of payment and guarantees of the seller for the delivery. The cases that fraudsters under the guise of merchants send off equipment or an empty case under the form of a 100% working miners with the appropriate mark, after 100% prepayment by the buyer. Customs finds a problem with registration, undervaluation or denial of payment of duty and confiscates the package. The buyer’s money disappear.
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Where mine Dash?
Now go to one of the burning questions – where’s mine Dash?
Mining coins can be carried out both independently and in community with other miners.
Solo mining is not particularly popular because of the growing complexity significantly increases the speed of finding blocks, respectively, charges are extremely rare.
This method is used, only the owners of very large computing power.
For everyone else the question arises in the selection pool to connect to its power. Not a few of the pools is closed, or the other way deceived their parties with for all this time. Users exercise great care to the choice of venues.
In the process of reviewing programs for the production of coins was mentioned multipul MinerGate, allowing you to easily connect the equipment and start mining. But, as was said, it is best suited for those with smaller capacities, fine tuning of which do not add significant amounts of hashes.
For those who creates or acquires a farm of Asic miners fine tuning for a specific pool will allow you to obtain a significant increase in their profit.
Key pools for mining Dash, according to the user survey are:
- Supernova. One of the more popular pools for mining in General and English in particular. There is support for a large number of coins, and also posted on world servers to which the user switches automatically after determining the location position;
- Zpool. The author’s unique design that allows you to get around 200 coins. There is an automatic switching operation, and the speed of production hardly sags, even with frequent transitions. Payments are made automatically to BTC;
- Antpool. Platform implemented by the manufacturer of the eminent Asic Antminer, Bitmain company. An excellent study of Pula, intuitive interface, and multilingual support the most popular for the production of coins;
- F2pool. Good, reliable and powerful pool, providing easy access and keep up power;
- For coinmine. Decent selection of currencies for mining, good power and reliability of the platform make it a good object for the connection. Present posted location servers;
- Multipool. Popular area, having as a distinctive feature of the payment directly in the currency of mining in automatic mode.
Cloud mining Dash
Question – how to start mine Dash without experience and with small investments sounds on different thematic resources more often.
Despite the fact that competition among manufacturers of equipment for mining cryptocurrency is constantly reducing the final price for the products, not everyone is willing to spend on equipment, which anywhere else will not be able to be used, a substantial amount of money.
The solution to this situation has long been known – cloud mining. However, a huge number of users who accessed such projects have lost their money in the first place because of the dishonesty of the creators or the increasing number of fraudulent schemes.
Despite the fact that the market presents a very large number of services for cloud mining, to recommend five of them is impossible, because everyone bottlenecks exist with a probability to become a serious issue after payment package or buying power.
We are willing to recommend only two projects from the well-known real companies:
- Genesis-Mining. One of the oldest projects industry, located in Iceland, in Reykjavík. Not a few bloggers and visited their office, where the team very openly and positively communicates on the subject of investing in their proposal. The data center location is unknown and is hiding it for security purposes. During the work site she had no serious force majeure or a specific, confirmed cases of fraud, because it continues to attract not only new to mining, but very respectable investors, many of whom are regular clients of the service;
- Hashcoins datacenter. 80% of the ratings, reviews and materials devoted to cloud mining, this resource is called the best and most reliable. The site is a division of the company HashCoins, specializing in the creation of equipment for mining. Its own data centre and distribution of the product around the world – proves the seriousness of the organization. Available to order ready-made tariffs, it is also possible to choose your own configuration.
Profitable mine Dash?
This question is often asked, even before beginning to deal with the fact that actually have mine.
However, the format of the profit, cryptocurrency is necessary not only to produce and profitable to sell to pay off their investment in the equipment or the acquisition of money and make a profit.
The profitability of mining Dash depends on two factors, computational complexity and cost coins on the market.