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Spondoolies New Miner Signals Rising Confidence in Dash Longevity

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Mark Mason

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Spondoolies New Miner Signals Rising Confidence in Dash Longevity

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A couple months ago, Spondoolies released their new SPx36 ASIC miner for Dash’s X11 algorithm, which its sheer power of 540 GH/s at 4400Watts per Miner and cost of $15,500.00 USD signals rising consumer and investor confidence in Dash.

Dash Force News chatted with Dash community member @DarkWater who did some very in-depth analysis of the new miner, its power, and what it means for the Dash network. Overall, the new miner creates a higher probability of Dash exchange price appreciation as miners will want to sell at a higher price to remain profitable and the already seen increase in hashrate creates a more secure network for consumers. @DarkWater conducted the following analysis to illustrate how the power of the SPx36 compares to top miners on other networks and how this translates to profitability based on current exchange prices.

Read more - https://www.dashforcenews.com/spondoolies-new-miner-signals-rising-confidence-in-dash-longevity/
 
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