Is it a good idea to mine Dash?

 

About Dash

Dash (DASH) describes itself as digital cash that aims to offer financial freedom to everyone. Payments are fast, easy, secure, and with near-zero fees. Built to support real-life use cases, Dash aims to provide a fully decentralized payments solution. Users can purchase goods at thousands of merchants and trade it at major exchanges and brokers around the globe.

Dash has — since its creation in 2014 — introduced features such as:

  • Two-tier network with incentivized nodes and decentralized project governance (Masternodes)

  • Instantly settled payments (InstantSend)

  • Instantly immutable blockchain (ChainLocks)

  • Optional privacy (PrivateSend)

     

    Is it profitable to mine Dash?

    Taking StrongU U6 as example to mine Dash, Model STU-U6 from StrongU mining X11 algorithm with a maximum hash rate of 440Gh/s for a power consumption of 2100W.

     

    Daily net income per U6 miner is 6.97$ (Based on BTC=8400$ and electricity is 0.05$/KWH). Those days U6 miner is 820$ per unit, with shipping included it is 920$, which means it will takes about 129 days to take back the initial investment. The 12 months total net incomeshall be over 2500$, which shows a great return on the investment.

     


Post time: Nov-30-2020