How to mine Dash – instructions for those interested – review 2022


Andrey Primula 11/30/2020

Despite the fact that the number of alternative cryptocurrencies, that is, opposed to Bitcoin (which has long exceeded the 10,000 mark), has only a few real competitors that have the prospect of matching the price or surpassing the pioneer.

The reason for this situation is that the majority of users are focused on a rapid increase in capital and are interested in new coins only during the initial rush. When it subsides, crypto hunters forget about it and turn their attention to new offers, of which there is no shortage.

In this review, we will look at a confident participant in the TOP 10 most expensive cryptocurrencies - the Dash coin in the context of a tool for making a profit through mining. How to mine Dash - instructions for those interested.

How is Dash different from other cryptocurrencies?

Before examining the question of how to mine Dash, it is necessary to determine why this cryptocurrency deserves to switch mining power to it.

A little history. Having been founded in 2014, the Dash cryptocurrency (Dash or Dasha), initially, the development team gave the coin the name Xcoin, playing on the anonymity of the network. The second option was the name Darkcoin, reflecting the prospects for use as a means of payment on the so-called darknet, and only after more than a year, in the spring of 2015, the currency received the final name Dash. The new name has completely moved away from the darknet and anonymity and stands for “digital cash”, that is, digital money and rapid movement.

Work on the network began with one person - Evan Duffield . With his activity and ideas, Evan very quickly organized an excellent team around himself, which accelerated the process of working on the project significantly.

The implementation was not taken from an idea, but after a thorough analysis of the advantages and disadvantages of Bitcoin and adding many of its own solutions.

The result was Dash, positioned not as a traditional cryptocurrency, but as an alternative international payment system.

The main task of the team is to work out all the processes of using the coin in such a way that they do not cause difficulties for people of any age and area of ​​activity.

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Dash vs Bitcoin. Key differences

In the first part of the material, it was mentioned that the coin has several key differences from the pioneer of the cryptocurrency industry.

Let's look at them in more detail:

  • Dash uses several network encryption algorithms at once;
  • High transaction anonymity, comparable to Monero;
  • Mining Dash consumes less energy;
  • The project team does not hide from users, actively promotes its product and constantly adapts it to current realities;
  • Changes to the operation of the network can be initiated by any participant and Masternode operators vote to accept or reject the proposal.

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How to mine Dash

One of the differences implemented by the development team was the abandonment of the most commonly used algorithms Scrypt and SHA-256.

The Dash system is built on the X11 algorithm, providing 11 hashing directions.

The difficulty of Dash mining is not fixed and is adjusted depending on the network load using the DarkGravityWave mechanism. Miners' rewards are also not fixed and not tied to a specific block or difficulty indicator, but are calculated using the formula - “2222222/((Difficulty+2600)/9)2)” .

Interesting fact . In the first two days after the coin was launched into the public domain, miners mined more than 1,900,000 coins. The reason for this was an error in the network code, which, however, was quickly closed. However, the mined coins remained with users thanks to this error, which caused active and very heated debates on the network.

Despite this, the consensus decision was all “As is” and was not changed.

The total emission volume on the network is 22,000,000 Dash, but experts knowledgeable about mining processes say that at the current level of activity, it is unlikely that more than 18,000,000 coins will be mined.

The Dash network supports four types of mining:

  • Mining DashCoin on the processor;
  • Mining Dash on a video card;
  • Mining Dashcoin on an Asic miner;
  • Using cloud mining services.

Separately, it is worth noting mining on nvidia and radeon video cards, since the X11 algorithm used not only requires less energy for calculations, but also heats up the GPU processor less, which reduces the cooling load and also saves electricity.

The key requirement when mining Dash on video cards is to constantly update the drivers to the versions that provide the highest hashrate.

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Equipment

If you don't want to deal with the hassle and expense of purchasing DASH mining hardware, you should do your due diligence and look into cloud mining, where shared computing power is used to mine different cryptocurrencies.

These remote mining farms are located in countries with low energy inputs. You can rent hash power from these farms in set quantities or contact your mining rig to receive custom hash power packages in exchange for a specified currency.

How to mine Dash?

Each direction of cryptocurrency mining has its own unique settings and the most popular pools, which we will consider in this section.

Mining Dash on a video card

If you have asked these questions recently and have not made any purchases of equipment for assembling a farm, then before making a final decision on video card models, it is best to study thematic threads on forums related to the topic being described.

Users who assemble farms for cryptocurrency mining have many life hacks that are difficult to describe in specific material; rather, you will have to create a book.

Regarding the question “how”, the answer for video cards is clear and these mining programs are used by the vast majority of users working with Dash.

For Nvidia cards this is the ccMiner program, AMD – sgminer.

On all the same forums, there are a sufficient number of configuration files for all major video cards, giving a hashrate sufficient to pay off the farm, in principle.

If mining is carried out on machines located in the office, so to speak, at odd hours, or on the computer equipment of enterprises, it is convenient to use the MinerGate multipool, which does not require any settings and automatically switches the process to the coin that has the highest price/quality ratio in this moment.

CPU Mining Dash

Since the mining of many TOP cryptocurrencies is carried out more by GPU processors, part of the CPU power remains unclaimed, so users transfer it to, albeit not very productive, but still coin mining.

Programs that allow you to do this as profitably as possible are presented in the list:

  • Cpuminer;
  • Minerd;
  • Xcoin-miner.

In addition, the use of the above-mentioned multipool, which supports both types of processors in operation, is applicable here.

Asic mining

The general Asic category refers to a family of special chips that has noticeably expanded in recent years, assembled into ready-to-use small-sized farms aimed at mining coins with a specific operating algorithm.

The following models are most suitable for the object of our review

  • 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 the Russian Federation and Ukraine, have begun to actively oppose mining in an extremely strict format, namely confiscation of equipment, seizure of accounts and other methods, carefully study suppliers and conditions for purchasing equipment, payment format and seller guarantees upon delivery. There are increasing cases of scammers, disguised as sellers, sending non-working equipment or empty cases under the guise of 100% working miners with the appropriate mark, after 100% prepayment by the buyer. Customs finds problems with registration, undervaluation or refusal to pay duties and confiscates the parcel. The buyer's money is lost.

Selecting and connecting to the pool

After installing the software, we connect to the dash pool for joint mining and checking the resulting hashes for uniqueness.

In addition to leading companies such as Antpool and F2pool, the following services deserve attention:

  • Coinmine.pl

Provides an anonymous mining service, which complies with the principle of confidentiality of payments - you only need to enter the wallet number.

Operating since 2013, data centers are located in the European and Asian regions. It features a moderate commission of 1.5%, a hashrate of 135 Gh/s and a quick response from technical support. One of the disadvantages is that there is no Russian-language interface.

  • ZPool.ca

One of the first collaborative Bitcoin miners. Dash appeared relatively recently, which added to the pool's popularity.

Advantages:

  • Payments within 4 hours from the date of application.
  • Commission 0.8%.
  • Withdrawal to wallet, VISA/MasterCard cards, YouBit, Poloniex, Livecoin crypto exchanges.
  • Dash.coinpool.pw

Dedicated dash pool mining with a data center in Germany. Detailed registration with personal information is required, but this is compensated by stable operation and reliable daily automatic payments.

Where to mine Dash?

Now let's move on to one of the burning questions - where to mine Dash?

Coin mining can be done either independently or in community with other miners.

Solo mining is not particularly popular, since increasing difficulty significantly increases the speed of finding blocks, and accordingly, accruals occur extremely rarely.

This method is used only by those with very high computing power.

For everyone else, the question arises in choosing a pool to connect their power to. Quite a few pools have closed or otherwise deceived their participants over all this time. Users are very careful when choosing sites.

In the process of reviewing programs for coin mining, the MinerGate multipool was mentioned, which allows you to easily connect equipment and start mining. But, as was said, it is best suited for working with small capacities, the fine tuning of which will not add a noticeable number of hashes.

For those who create farms or purchase Asic miners, fine tuning for a specific pool will allow them to get a noticeable increase in profit.

The key pools for Dash mining , according to a user survey, are:

  • Supernova. One of the popular mining pools in general and Dash in particular. There is support for a large number of coins, as well as servers distributed around the world, to which the user switches automatically after determining the location;
  • Zpool. A unique proprietary development that allows you to mine about 200 coins. There is a function of automatic switching of work, and the production speed practically does not drop, even with frequent transitions. Payments occur automatically in BTC;
  • Antpool. The site was implemented by the manufacturer of the famous Asic Antminer, Bitmain. Excellent pool design, intuitive interface, multilingual and support for the most popular coins for mining;
  • F2pool. A good, reliable and powerful pool, providing easy access and constantly increasing capacity;
  • CoinMine. A decent selection of currencies for mining, good power and reliability of the site make it a good target for connection. There is a distributed placement of servers;
  • Multipool. A popular platform that has as a distinctive feature payment directly in the mining currency in automatic mode.

Cloud Mining Dash

The question - how to start mining Dash without experience in this matter and with small investments is heard more and more often on various thematic resources.

Despite the fact that competition between manufacturers of cryptocurrency mining equipment is constantly reducing the final price of products, not everyone is ready to spend a significant amount of money on equipment that cannot be used anywhere else.

The way out of this situation has been known for a long time - cloud mining. However, a huge number of users who turned to such projects lost their money, primarily due to the dishonesty of the creators or the increasing number of fraudulent schemes.

Despite the fact that the market is represented by a very large number of services for cloud mining, it is impossible to recommend even five of them, since each has bottlenecks that are likely to turn into a serious problem after paying for a package or purchasing power.

We are ready to recommend only two projects from well-known real companies:

  • Genesis-Mining. One of the oldest projects in the industry, located in Iceland, in the city of Reykjavik. Quite a few bloggers and investors have visited their office, where the team communicates very openly and positively about investing in their offer. The location of the data center is unknown and is hidden for security reasons. During the operation of the site, there were no serious force majeure events or specific, confirmed cases of fraud, therefore it continues to attract not only newcomers to mining, but also very respectable investors, many of whom are regular clients of the service;

  • HashFlare. In 80% of ratings, reviews and materials devoted to cloud mining, this resource is called the best and most reliable. The site is a division of the HashCoins company, specializing in the creation of mining equipment. Having our own data center and selling the product all over the world proves the seriousness of the organization. Ready-made tariffs are available for ordering, and you can also choose your own configuration.


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How much can you earn on dash faucets?

On average, the dash faucet pays 0.00000900 DSH per completed task. Translated into bitcoins it is 50 satoshi, into rubles it is 20 kopecks.

To read: How cloud cryptocurrency mining works

If you work continuously for an hour, you will receive up to 12 rubles. To collect 100 rubles from dash faucets, you will have to spend a whole working day at the computer - 8 hours without rest.

If you simply collect crypto pennies, you definitely won’t earn much. Therefore, experienced crane operators use a referral program; it allows you to receive passive income from the earnings of active users.

For this reason, Dashkin faucets are actively advertised - articles are written about them and video reviews are dedicated to them on YouTube. The purpose of such reviews is to attract referrals and make money from them.

If you want to earn more, attract referrals. Active users can bring up to 1000 rubles of passive income per day. But to achieve such income, you will need to attract at least 1000 users, provided that at least half of them work.

If your goal is to make money from referrals, use faucets that have a multi-level referral program - they pay extra for your friends’ referrals.

To make attracted users work, train them, tell them how to increase their earnings, reveal useful “tricks” - your income depends on this.

Do not use spam for promotion - this way you will definitely not attract anyone, but you will spend a lot of time, which most likely will not pay for itself.

Before you start working with dash faucets, think carefully about whether you will be able to attract a sufficient number of referrals, where you will look for them and how to motivate them. Without referrals, your earnings will be pitiful.

For more information about dash taps, watch the video:

Is it profitable to mine Dash?

This question is often asked first, even before they begin to understand what is actually to be mined.

However, in the format of making a profit, cryptocurrency must not only be mined, but also sold profitably in order to work off the funds invested in equipment or the acquisition of capacity and make a profit.

The profitability of mining Dash depends on two factors - the complexity of the calculations and the value of the coin on the market.

The market itself is very vast. Since the coin is in the TOP 10 in almost all indicators that measure cryptocurrencies today.

Capitalization is more than $2 billion, and the list of trading platforms for buying/selling looks impressive:

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adDASH CC registration

Go to the site https://addash.cc and click the Register .

Fill out the registration form:

  • Coming up with a login
  • We write down the name
  • We write down the last name
  • Enter email
  • Coming up with a password
  • Repeat password
  • Specify gender
  • Read the terms and conditions and check the box
  • We pass the captcha
  • Click REGISTER

How to make money on the adDASH CC site?

Go to the adDASH CC website. 2 types of earnings available to us without investment:

  1. Surfing sites
  2. Link views

Click on the Surf . Let's go through the captcha. Press ENTER.

Next, a tab with advertising will appear. The price per view and a timer will be indicated for how many seconds you need to watch the ad. Click VIEW.

You need to wait the specified time. For viewing, you will be awarded the specified amount of DASH. Visit the site every day. Advertising is constantly updated. The next day there will be other sites with advertising. Remember that while looking through advertisements, you can stumble upon interesting projects from the category of making money on the Internet without investment.

Earning money by viewing short links

Go to the Short Links tab. Here you have access to a list of advertising links to view. Click VIEW.

View all available links. New ones will be available the next day.

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