One of the most popular cryptocurrencies of our time is deservedly in great demand. The anonymity and unique operating principles of DASH attract, without exaggeration, a gigantic audience. We are confident that the vast majority of crypto users are satisfied with their choice. The site always has an excellent Dash mining calculator at your service.

Let's start work

Why should you interact with our tool? Everything is very simple, it is our functionality that allows you to assess the profitability of your work as simply and quickly as possible. While many services of this type require a whole list various parameters, our functionality is collected in an elegant form:

  1. Hashrate of yourASIC-miner. It is better to mine the coin on specialized devices, since ASICs are much more powerful than most mining farms. Therefore, we indicate the computing potential of the miner in the first field.
  2. Energy consumption selected model. You probably have certain ASIC models in mind; it wouldn’t hurt to find out the number of watts that a particular device requires.
  3. Electricity cost within your region. We find out the price tag per kWh, convert the figure to dollars and enter it in the third line.
  4. Commission, which the selected mining pool has. This field should be filled in only if you actually use any mining pools in your activities.

Actually, that's all. The tool takes care of all the dirty work. You don't need to waste precious time searching for coin value, DASH mining difficulty, and rewards for one mined block. All this is already in the last three fields of our form, all that remains is to click on the bright green “Calculate profitability” button. By clicking on it, you will actually instantly see a table with the necessary information.

The first column shows the operating time of your ASIC. Thanks to our tool, you can find out how much profit you can make at different time distances. Let's say you are interested in monthly income. We look at the corresponding line in the first column, then go to the last column, there is profit minus all commissions, that is, net income.

So, we talked about everything you need to know to work effectively with our mining calculator. Good luck!

Have you decided to mine some Dash? In principle, correct. Over the year, the rates of the main coins have increased significantly. Thus, DASH in 2017 increased from 2 to 1200 dollars (SIX HUNDRED TIMES!!!). If you decide to start mining dash, then you need to select the appropriate equipment and find out its profitability.

Mining calculators allow you to calculate mining income, taking into account investments in a mining farm, the cost of electricity, exchange rates and other indicators. Once you've done your math, check out various reviews of Bitcoin mining hardware to see which miner is best for you.

Before choosing and purchasing equipment, it is necessary to make calculations of payback and future profits, as well as energy costs (this is a significant part of the costs). For this, there are special calculators for automatically calculating the profitability of mining equipment along with the level of its energy consumption.

Please note that long-term calculations of Dash mining profitability using calculators may be inaccurate due to a number of factors: sudden changes in rates (which change every day and sometimes by X times at once), the difficulty of mining the coin and a number of other parameters.

Basic concepts of mining calculators for calculating profitability

Profit- you begin to receive it only after you have returned your costs for mining equipment, electricity, equipment repairs, and rental premises.

Payback period- this is the time required for the operation of the equipment to generate a profit, which in total should cover your expenses for the mining farm.

Hashrate is the computing power of the equipment. How many hashes can a given video card or miner calculate per second. The more power, the more coins.

Mining difficulty- a value determined by the blockchain network. It grows over time, online calculators take this indicator into account automatically in their calculations.

Miner- a device on which cryptocurrency mining occurs. By default, any computing device: GPU video card, ASIC miner, CPU processor.

Mining farm- a set of equipment for cryptocurrency mining, combined in one room (for example, 4-8 video cards connected).

Energy consumption- how much electricity the equipment consumes; when calculating, take the tariffs that are relevant to you, since they can greatly influence profitability.

Online calculators for mining Dash cryptocurrency

Mining profitability can vary greatly, even when mining using the same algorithm or hardware. This happens due to constant price movements and jumps in network complexity.

We have studied the most accurate and easy-to-use mining profitability calculators:


Name Website
1 WhatToMine http://whattomine.com/
2 Profit Mine http://profit-mine.com/
3 CryptoCompare https://www.cryptocompare.com
4 BitcoinCloudMining https://bitcoincloudmining.center/


Cryptocurrency mining calculator WhatToMine

This is one of the best and top cryptocurrency mining profitability calculators that are on the market today. In the mining calculator sections, you can choose the type of calculator, including a GPU and ASIC calculator, a coin calculator, as well as dual mining Ethereum (ETH), Ethereum Classic (ETC) or Expanse (EXP) +Decred, +SC, +LBC, + PASC and +PASL.

The calculator, based on the data of your hashing rate, power, cost of electricity and a number of additional functions, will quite clearly calculate the profitability of mining a particular cryptocurrency on your equipment. It will calculate your estimated cryptocurrency production per hour/day/week/month/year and show the profitability of mining, taking into account costs.

Profit Mine video card mining calculator

Calculator website: http://profit-mine.com/

We offer you a simple and convenient video card mining calculator from Profit Mine. This is a powerful calculator that allows you to calculate mining profitability based on your video card and equipment, cryptocurrency and algorithm. It is noteworthy that it shows the profitability of one coin under different algorithms.

It is possible to calculate ASIC using 5 algorithms and GPU using 12 algorithms. You just need to select your video card or ASIC miner from the proposed list of equipment, specify the cost per hour, energy consumption and commission, after which the calculator will calculate the profitability of mining.

Calculator website: https://www.cryptocompare.com

This is a simple and intuitive calculator. You fill out the fields by filling in the Hash Rate, Hardware Consumption and Energy Cost (in $) fields. The system will show how much you will earn/lose on mining per day/week/month/year.

Universal Russian Crypto mining calculator from BitcoinCloudMining

Calculator website: https://bitcoincloudmining.center/

The BitcoinCloudMining portal has prepared convenient calculators for calculating the profitability of mining 57 cryptocurrencies. You select an algorithm, a coin and click on the calculator, after which you find yourself on a separate page.

On the page of the coin mining calculator, you select the billing period and enter the miner speed, specify the costs of electricity, commissions and fees, and then click “Calculate”.

As a result, you will find out your profitability from mining. How it turns out - pool and exchanger/exchange commissions, as well as electricity costs, are deducted from the mined coins per hour/day/week/month.

Dash Mining Calculator

HashrateMH/s GH/s
Difficultyk
Block Reward:DASH
((coinSymbol)) Price
PowerW kW
Power Cost((currency))/kWh
Pool Fee %
Reject Rate: %
Live Stats

Profits At This Difficulty

Period((coinSymbol))((currency))Costs (((currency)))Profit (((currency)))
Hourly((values|cryptoFilter))((values|currencyFilter))((values|currencyFilter))((values|currencyFilter))
Daily((values|cryptoFilter))((values|currencyFilter))((values|currencyFilter))((values|currencyFilter))
Weekly((values|cryptoFilter))((values|currencyFilter))((values|currencyFilter))((values|currencyFilter))
Monthly((values|cryptoFilter))((values|currencyFilter))((values|currencyFilter))((values|currencyFilter))

Long-Term Projections

Profitable in ((breakeven | breakevenFilter))

Hardware CostUSD RUB EUR CAD JPY AUD CNY CHF
Recurring Costs(( currency )) / Month
Price Change%/month
Selling ProfileSell ​​Coins Monthly Sell to Cover Expenses Sell a Portion Monthly Never Sell Coins
Sell ​​Monthly% of New Coins
Diff Change%/month
Use Diff Change
Save Configuration

Enter hashrate data for responsive chart!

Estimated Future Profits

Future Costs

Estimated Future ((coinSymbol)) Generated

Estimated Future Profits

Future Costs

View Total Profits Coins Generated Total Costs

Time Frame: Months

Use Diff Change:

Save Configuration

To save your configurations, simply bookmark the page you are on currently (Ctrl + D) or save the URL below!

Diff Change Help

What is this?
The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the future estimated profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions.
How is this value calculated?
The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty.
Can I disable it?
The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section.

Large Diff Change Warning

Diff Change value is very large. Future profitability estimates may be inaccurate. Consider making Diff Change smaller or turning off Dynamic Difficulty.

Hashrate Help

What is this?
Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! Hashrate is the speed which you are mining, and is normally clearly displayed by your mining software or in the specifications for mining hardware. Make sure that you have the correct hashrate suffix selected. For example, if your miner reports 600 GH/s, ensure that GH/s is selected and not TH/s.

Break-Even Analysis Help

What is this?
The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup.
How is this calculated?
Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account. If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the "Use Diff Change" switch.
Why is my break-even time 0 or never?
If your break-even time is 0 you have likely forgotten to input your hardware cost below. If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. You could try lowering the diff change for a less aggressive prediction or disable it altogether.

Recurring Costs Help

What is this?
Recurring costs are fixed costs such as rent or internet. This value, along with power costs are subtracted from your revenue to give profit. Higher recurring costs mean lower profits and a longer break-even time.

Profitability Chart Help

What is this?
The profitability chart can help you visualize your long term mining projections. The chart can operate in one of three views:
Total Profits
The Total Profits view predicts what your overall profitability will be in the future. This is calculated by taking your current profits and adding them to each following months while profits factoring in the changing difficulty (diff change), the diff change factor can be disabled. This view assumes the price of the coin will stay the same. If you wish to account for a changing price (ie if you think the price will rise in the future), switch to the "Coins Generated" view.
Coins Generated
This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. A high diff change will cause you to generate fewer coins in the future.
Total Costs
This view sums your power and recurring costs. It can be used to predict the total cost to operate your mine over a given period of time.

Price Change Help

What is this?
Price Change allows you to factor in the changing price of the currency into your projections. You can use this to generate accurate best-case and worst-case projections for your operation.
Why does Price Change default to 0?
It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you.
How does this value factor into the calculations?
It depends on what Selling Profile is set to. For more details, click on the question mark beside the Selling Profile field found directly below Price Change.

Selling Profile Help

What is this?
Selling Profile tells the calculator how to use the Price Change value. Price Change must be set to something other than 0 to have any effect on the profitability projections. Selling Profile has 4 different options:
Sell ​​Coins Monthly
Profitability is calculated as if you were to sell all of your mined coins at the end of each month. Your profits will equal (money earned from selling) - (total expenses + hardware costs)
Sell ​​to Cover Expenses
Only sell enough crypto to cover your monthly expenses. (electricity, rent, etc.) Your profits will equal (unsold crypto * predicted price) - (hardware costs)
Sell ​​a Portion Monthly
Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month. For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) - (total expenses + hardware costs)
Never Sell Coins
Select this option if you plan on holding all of your crypto. Your profits will equal (all crypto mined * predicted price) - (total expenses + hardware costs)

Thanks to the free program from CryptoRival, you can easily calculate the potential profitability of Dash mining. We recommend using it both before and during mining. After all, changes in course may well ruin previously worked out plans.

The good thing about the mining calculator is that it allows you to calculate not only current income, but also the payback period for investments in coin mining. Therefore, you can work on different pools, different hashrates, deposit a reduced cost (in case of a price collapse) and even use it to determine the profitability of cloud mining.

The main thing is to figure out which parameter is responsible for what. That’s why we include detailed instructions with each calculator:

  • Hashing Power - here you need to indicate the hashrate of your farm or the power purchased from the cloud service. For ASIC miners, they are specified by the seller in the product description and instructions. In a cloud service, they are specified in the contract. If the farm is on video cards, then open the data on the video card itself, find the hashrate and multiply it by the number of cards themselves. This will be the total power of the farm
  • Difficulty is the current mining difficulty on the Dash network. For example, now it is 147916618. At the same time, the difficulty can either increase or decrease, in accordance with the interest of miners. If they start leaving the game, then the difficulty is reduced and it is much easier to mine coins
  • Pool Fees - commissions from your pool. It is better to select several candidates in advance and use a calculator to calculate how much you will earn by collaborating with each of them. Fees are indicated on the website of the pool itself. Many miners do not take them into account, and in vain, because commissions can eat up a good part of the income
  • DASH to USD - the price of the Dash coin to the dollar at the time of calculation. The program itself updates the cost, receiving information from open sources. If you believe that the coin will grow in the near future, then you can indicate your forecast in this field and be guided by it. Or, on the contrary, enter a lower price in case of a market collapse or extreme situation. And the best thing is to check both ways
  • Maintenance (GH/s per day) - daily output of the farm. Usually the hash is specified in seconds, sometimes in minutes. You need to multiply everything by 24 hours. If you plan that the farm will not work around the clock, but say 10 hours a day, then take 10 hours and multiply by the second hashrate
  • Hardware/Contract Costs - allows you to calculate the payback period of your investment. If you bought a farm, then we add everything up and enter it. If you use a cloud service, then the cost of one contract
  • Power Usage - electricity consumption. We also read the instructions for the equipment and find this parameter
  • Block Reward is a dynamic metric that the Dash algorithm uses to determine the reward for a found block. The data is open and the program enters it itself
  • Power Cost (kw/h) - finally, the cost of a kilowatt of electricity in your region. Here it is better to convert from rubles to dollars. But check back periodically, because the ruble to dollar exchange rate may also change and disrupt your calculations


Dash mining difficulty is a parameter that characterizes the hardware requirements necessary to mine the next block of a virtual coin. As of May 4, 2018, Dash is in 12th position among all cryptocurrencies. Its rate is $494 per coin, and its capitalization is $3.98 billion. At the same time, Dash is one of the promising virtual currencies, due to its characteristics, reliability and stable growth in value.

Online chart of the Desh cryptocurrency rate:

An increase in the difficulty of the virtual coin is considered an indirect confirmation of demand. At the beginning of January 2017, this parameter was at around 60–65 KH/s. A sharp jump began in mid-September 2017. In just 3 months, Dash's difficulty jumped to 95 MH/s. Subsequently, this parameter decreased slightly, and as of May 4, 2018 it is at the level of 75 MH/s. Such jumps indicate a sharp increase in miners’ interest in the new cryptocurrency.

What is driving the increase in complexity of the Dash network?


Dash is a virtual money that appeared in early 2014. The cryptocurrency was introduced as Xcoin, but later it changed its name to Darkcoin. Another name change occurred in the spring of 2015, when the coins received the name Dash. Evan Duffield is considered the creator (he was the one who developed the code). Over time, he realized that he could not cope with the task alone, which led to the expansion of the team.

When creating Dash, the developers set the task of combining all the best that is available in the Bitcoin cryptocurrency, as well as adding personal developments. At the same time, Dash is positioned not as virtual money, but as a full-fledged payment system.

Mining Features

The increasing complexity of the Dash network should be taken into account by miners who are mining the virtual coin. It is worth noting that Dash is based on a different algorithm called X11 (Bitcoin uses SHA-256). The peculiarity of the protocol is that it combines 11 different algorithms. The advantage of X11 is the presence of a 2-level structure, which simplifies the process of updating the system.

Miners also receive their share of bonuses. For example, the difficulty of Dash is controlled by the DarkGravityWave system, which ensures a smooth increase in the mentioned parameter and ensures system stability. As for equipment for Dash mining, farms on video cards and cloud mining are being used less and less, and ASICs are coming to the fore.

Differences from Bitcoin

The increase in the complexity of Dash is due to the features and a number of advantages of the cryptocurrency (when compared with the same Bitcoin). Let's highlight the main differences:

  1. Dash uses a group of encryption algorithms, which ensures greater reliability.
  2. The anonymity of cryptocurrency is higher.
  3. Energy consumption is at a lower level.
  4. Each participant has the right to initiate changes to the project. This is possible through voting.
  5. Developers are visible, are public figures, give interviews and are the first to announce new innovations in the system. All this adds confidence in the positive future of Dash.

Dash mining calculation - main nuances


Dash mining difficulty is a parameter that reflects the requirements of the cryptocurrency network for the equipment used to search for hashes and mine the next blocks. To obtain new node chains, miners use farms on video cards or ASICs that perform mathematical calculations to find the appropriate code. A certain number of coins are paid as a reward. In the case of Dash, the block reward is constantly changing and as of May 4, 2018 it was 3.35 coins. On average, about 23 new elements are mined within an hour.

Using the difficulty parameter, developers control the emission of virtual currency. As soon as equipment with a higher hashrate appears, the network reacts to this by increasing the mentioned indicator. This situation occurred at the end of 2017, when due to the emergence of ASICs, the growth of the exchange rate and the popularity of virtual currency, the difficulty of Dash also jumped. If the pace decreases, the indicator in question also decreases. As a result, the system is in equilibrium.

Subtleties of calculations

Calculating the difficulty of mining Dash is different from the calculations that are carried out for the Bitcoin cryptocurrency. This is due to the fact that the algorithm for the operation of virtual currency has changed (as noted, it is based on the X11 protocol). The parameter changes depending on the network load and is regulated by DarkGravityWave. The reward for a mined block is not fixed and is calculated as follows:

  • 2600 is added to the current difficulty.
  • The resulting number is divided by 9, after which the final figure is multiplied by 2.
  • 2222222 is divided by the number obtained as a result of the considered calculations.

In general, the formula has the following form - 2222222/((Difficulty+2600)/9)*2).


Interestingly, the first 48 hours of virtual currency mining turned out to be the most promising. During this period, 1.9 million coins were mined due to errors in the network. Over time, the gap was closed by the developers, but the situation could not be corrected. The maximum number of coins that can be mined is 22 million. At the same time, cryptocurrency network experts assure that given the current situation, it is unlikely that it will be possible to receive more than 18 million coins.

Mining of virtual coins (theoretically) can be carried out on the CPU, GPU, using cloud mining services and on ASICs. The profitability of Dash is individual in each case. To make calculations, special calculators are used, the selection of which will be discussed below. Looking ahead, we note that the most profitable way is to mine cryptocurrencies using ASIC miners.

Subtleties of calculating Dash mining and rules for choosing a calculator


Looking at the situation in the cryptocurrency market, as well as at the increasing difficulty of Dash mining, many make the right decision - to calculate the profitability of cryptocurrency mining using a special calculator. It is important to know how to choose the right program and which services to give preference to. Let's look at the main points.

Selection rules

When choosing a Dash mining calculator, you should consider the following aspects:

  1. Availability of Russian language. With the growing popularity of Dash mining, many services have appeared that allow you to calculate the profitability of mining. Most services have an English-language interface, but there are also those that are translated into Russian or made by users from CIS countries.
  2. Convenience of the interface. It is important that the use of the calculator is convenient for any user, including beginners.
  3. Accuracy. The key selection criterion is the accuracy of the results obtained. Everything is complicated here, because it is impossible to determine “by eye” whether the calculator is counting correctly or not. The only way is to study the opinions of miners who previously carried out calculations. Taking into account the practical results, they can draw conclusions about the correctness of the calculations.
  4. Versatility. Many services allow you to calculate profitability for different cryptocurrencies - Bitcoin, Monero, Litecoin, Dash and others. The more algorithms a service covers, the better.
  5. Possibility of forecasting. Indicators such as complexity, exchange price and premium are dynamic. They change over time. It’s a big plus if the program automatically predicts future changes or allows the cryptocurrency user to set errors.
  6. Reviews. The best way to know whether to trust a calculator or not is to read other people's comments. If a person has been mining for a long time, and has made calculations many times using this or that program, he is able to adequately assess its quality.

Parameters required for calculation

Dash mining is calculated using many parameters, each of which affects the final result. Let's highlight the main indicators:

  1. Calculation period- time that is taken into account when calculating the payback and profitability of the cryptocurrency.
  2. Hashrate- productivity of the equipment used. This indicator is often set automatically (when selecting a specific video card or ASIC) or is set manually by the user. The higher this indicator, the higher the potential profit a participant in the crypto network can expect.
  3. Power consumption. The mining process uses equipment that is connected to a household network and consumes electricity. The power parameter shows how many kW the equipment consumes per hour. As a result, you can calculate your energy costs and subtract them from your total profit.
  4. Electricity tariff. In each country, and sometimes in the region (as is the case with the Russian Federation), the cost of 1 kWh varies. This must be taken into account during the calculation process and the corresponding parameter must be entered in a special column.
  5. Commissions. Independent (solo) mining is rarely used due to the increased difficulty of mining Dash. For this reason, users connect to pools that charge different commissions - from 0 to 7–10%, depending on the type of reward payment for the mined block.
  6. Other expenses. This category includes additional costs (for conversion, withdrawal of funds, and others).
Regarding difficulty, Dash exchange rate, block premium and other dynamically changing parameters, they are entered automatically by the program at the time of the calculation date. This is convenient and simplifies the calculation process for the user.

Types of profitability calculators

Programs for calculating the payback (profitability) of mining come in several types (depending on the equipment):

  1. On the central one. For the first two years, miners mined cryptocurrency using CPUs. Today this method has lost its effectiveness, but if you wish, you can do the calculation using Nicehash.
  2. On the GPU. A more profitable solution is to use modern video cards that have greater performance. As complexity grew, network members began to assemble GPU farms, which included 4 or more modern video cards. In this case, the efficiency of cryptocurrency mining increases significantly. Popular services for calculations are bitcoincloudmining.center, in-trend.biz/mayning/dash/ and others. Alternatively, you can use the Nicehash mentioned above. Its advantage is that the miner sets the equipment, and the system independently sets the basic parameters.
  3. On ASICs. A more advanced option is to mine Dash using . Popular models today are iBeLink DM22G X11/Dash Miner, Bitmain Antminer D3 and others. The advantage of such devices is higher performance and lower energy consumption.
  4. On . Here you can use the same calculators to calculate profitability as for other cases (the programs are discussed below). The difference is that you can enter zeros in the line of equipment power and electricity costs.
After completing the calculations, the miner receives information on the payback period of the equipment (the time it will take to cover the initial costs), total and net profit. In the latter case, we are talking about income from which the costs of electrical energy are deducted.

Best Dash Mining Calculators


Popular services for calculating the profitability of Dash mining include:
  1. Bitcoincloudmining.center- a multifunctional platform that allows you to calculate the profitability of many virtual coins, including Dash. To carry out calculations, just select the algorithm and cryptocurrency of interest, and then indicate the information for the calculation (period, equipment hashrate, its power and electricity tariff). Commission and other additional costs are also indicated. After clicking on the calculation button, the system displays the miner’s profit.
  2. In-trend.biz- a simple and easy-to-use calculator where you need to indicate the performance of the equipment used, its power (in watts), as well as the cost of 1 kWh of electricity and the pool commission. After calculations, the system displays profit per day, electricity costs, as well as net income (excluding costs).
  3. Cryptocompare.com- a convenient platform for calculations, which has a well-thought-out interface and is highly accurate (according to user reviews). To calculate profitability, it is worth indicating the productivity and power of the equipment, the price of 1 Wh in the region where the work is being carried out, as well as the percentage charged by the pool. As a result of calculations, the user sees how much he earns per day, per week, month and per year.
  4. Profit-mine.com- a reliable calculator that allows you to calculate the profitability of mining a virtual coin on a GPU (video card) and an ASIC miner. To obtain the necessary information, you need to enter a standard set of information, namely the hashrate of the equipment, the size of the commission, the energy consumed, as well as the number of equipment used (for example, the number of ASICs). As a result, profitability is given for various cryptocurrencies, including Dash.
  5. Nicehash.com- a favorite calculator of many users, due to its ease of use and the ability to select equipment from a large list of options. The user only needs to indicate the device model used, currency and electricity costs. For advanced users, it is possible to specify additional settings.
In addition to the services discussed, there are other platforms for calculations, for example, whattomine.com, red-miner.com, bitmakler.com. Regardless of the calculator, the principle of use and the data entered by the user remain almost unchanged. To obtain greater accuracy of calculations, it is recommended to use several calculators (3–4), and then derive the arithmetic average.

Dash Mining Profitability


Looking at the Dash difficulty graph and the sharp increase in this parameter, a question arises regarding the relevance of mining. As noted, cryptocurrency mining on the CPU has lost its relevance. Mining on GPU farms is also gradually becoming a thing of the past, which are increasingly being used to mine “younger” cryptocurrencies that have low mining complexity. For example, the AMD RX Vega 64 graphics card produces 12.8 MH/s. Even if you install 10 of them in a farm, the total hashrate will be 128 MH/s. With such productivity, electricity costs will exceed the miner’s earnings, not to mention the costs of purchasing expensive video cards.

The best solution is to buy ASIC miners. Let's look at some options:

  1. Bitmain- a powerful and relatively inexpensive ASIC that produces 17 GH/s and its power is 970 W. As of May 4, 2018, the cost of the device on the official website is $311. At the same time, the monthly profit is about $93. This means that the cost of purchasing equipment can be recouped in 4 months. When calculating, we used the electricity tariff for Moscow - $0.09 per 1 kWh (it will continue to be taken into account).
  2. will cost buyers $2,360 (as of May 4, 2018). In this case, the user has at his disposal a device with a hashrate of 65 GH/s and a power of 1.5 kW. This device allows you to earn about $500 a month. This means that payback occurs in five months.
  3. ASIC X11 Miner DR-100 PRO will cost 743 US dollars. ASIC performance is 21 GH/s and power is 900 W. With these characteristics, a miner can expect a profit of $135 per month. Payback time is six months.
As for cloud mining, the profitability here is slightly lower, and the payback level is approximately equal for all services. For example, consider the genesis-mining.ru site. Here 500 MH/s will cost 2.25 thousand dollars. With such productivity, the monthly income will be about 4.6 dollars. This means that you can’t count on payback at the current rate of $494 per coin (as of May 4, 2018).

For comparison, you can give the profitability of mining on another service, hashflare.io. Here 1 MH/s will cost 3.2 dollars. If a user buys above 500 MH/s, he will have to shell out $1,600. The amount is impressive considering that the profit is currently about $4.6.

Taking into account the above, the conclusion suggests itself that in order to generate income from Dash mining, you cannot do without purchasing ASICs. Even so, it is important to use calculators to calculate returns, take into account the complexity of the cryptocurrency network, and consider the potential movement of the Dash exchange rate. Only with an integrated approach and market analysis can a miner count on results.