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Dash so high difficulty

Discussion in 'Mining' started by srnltd, Oct 27, 2017.

  1. srnltd

    srnltd New Member

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    Dash so high difficulty now.
    Mining user near dead with less income

    DASH organize should do something , Can pay more for mining?
     
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  2. mrearthbound

    mrearthbound Member

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    Are you for real? Mining is a risk. All did the cryptoworld is based on the free market. That’s the beauty of it. Think for yourself, learn by doing, change your plan, iterate.
     
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  3. Samuel793

    Samuel793 New Member

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    Ugh yeh its bad...
     
  4. XrayHunter

    XrayHunter Member

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    Mine DASH and HODL. If you want support this project. So many miners instantly sell DASH.
     
  5. Merkamerica

    Merkamerica New Member

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    My feeling is bitmain will pump dash price to sell more miners in the future. So we should see prices around 1000 within 6 months. Mine now and hold
     
  6. Checkerama

    Checkerama Member

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    Yeah, because thats how they pay the electricity meant to support the infrastructure, much like how the 5% governance budget is meant to support the development infrastructure.

    The mining difficulty is so high and the profits so shit that none of that can currently happen unless you're mining in China, and who would care to do so in China when they could as easily mine Bitcoins for tenfold the profits?
     
  7. Ftoole

    Ftoole Member

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    What should dash do to increase profitability?
    Lower diff? If we do that it will speed up the rate of coin output as blocks will happen faster then every 2.5 mins.
    Change difficulty algorithm. We have been on dgw v3.0 since 2014
    Change the reward split? We have had this split since June 2015

    Why is the diff so high?
    Well DGW calculates difficulty every block based on the moving average of the last 24 blocks that were found to attempt to keep block times at 1 every 2.5 mins.
     
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  8. amzar

    amzar New Member

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    Dash Address:
    Xt3zMYG3avwA4fy45eNL9v4Yu4izbU2Dy8
    I'm not sure what Dash should do as the things turns out happened due to more miners mining Dash now. So, its not the right step to reduce difficulty though.
     
  9. Ronald van den Berg

    Ronald van den Berg New Member

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    Its bad, I have a lot of D3 miners:(