How to mine Dash cryptocurrency: CPU, cloud and pools

The Dash cryptocurrency currently ranks 76th place by capitalization among all cryptocurrencies. Despite this, the market of miners shows great interest in this coin. Dash is constantly evolving and the developers plan to make Dash a payment instrument that will be used around the world. With the users growth, the recognition will grow as well, and most importantly, the price of the cryptocurrency.

In this article, we will consider alternatives to ASIC and gaming graphics cards and tell you how to mine Dash on CPU, what cloud mining is and how to join a pool.

Which wallet to choose for mining

Before you start mining any coins, you need storage. The most convenient and easiest wallets are considered online ones. Just a couple of registration steps and the wallet is already created. You can see for yourself by clicking on the link: https://dashwallet.io/. Five minutes, and your Dash Wallet is connected to the mining process.

Certainly, there are other options – software, cold or exchange wallets. But the first option has complicated functionality, another requires additional payment in the amount of 80 to160 dollars, and by choosing the third one, you put your funds at risk, because exchange wallets are the most insecure way to store funds.

How to mine Dash on CPU?

Immediately after currency revealing, a great majority of users used to mine virtual currency using AMD or Intel CPUs. The algorithm of actions is as follows:

Buy the necessary equipment (Intel Pentium G4600, AMD Ryzen 5 1500X).
Installing Linux operating system on your computer. Its advantage is that while mining it’s possible to enable all the functions and to load the CPU for mining to the uttermost. If it’s impossible to install Linux OS, you can continue with Windows 10.
Download and install a wallet for cryptocurrency transfer. Optimal storage option for Dash is considered at the beginning of the article.
Download and run CPU Miner. This is a program for mining Dash, which controls all steps of mining.
Set up a file with the bat extension , enter the necessary information, and then start mining.

Mining Dash on CPU at the current complexity of the network is inefficient. Even with the purchase of expensive equipment, mining coins will not recoup the cost of paying for light. To get results, therefore, it is better to prefer ASIC equipment or GPU-based farms.

Cloud Dash mining

Considering ways to mine Dash cryptocurrency, it is worth to single out another one – renting the capacity of third-party services. High competition in this area leads to decreasing facilities. At the same time, the quality of existing services leaves much to be desired.

In recent years, thousands of miners have lost money due to cooperation with scammers, who took money as payment for capacity but did not fulfill their obligations. Despite the large selection of cloud services, it is difficult to give accurate recommendations regarding a really reliable site. Your choice should be based on a number of criteria – prices, convenience and reviews. Based on the foregoing, a couple of sites can be singled out.

Genesis-mining is a well-known service that provides capacity to customers. The data centers and the main office are located in Iceland. By the way, the company is open to cooperation and does not hide from anyone. Over the years, many miners have been in the office personally and made sure that the servers are reliable. There have been no emergencies or serious complaints from the customers registered. There is also no information about fraud from the company.
The HashFlare platform is another cloud mining service with a personal data center. The platform offers capacity for rent to users from all over the world, and its reliability is unquestionable. Customers can choose their own configuration and one of the tariffs offered. For example, to mine Dash for 1 MH/s, you have to pay 3.2 dollars. The higher the payment, the faster the return on investment. The contract is for one year.

Where to mine Dash – programs and pools

To mine Dash, it is important to use proven and reliable software as well as know the best pools to work with.

The best programs for mining Dash:

CGMiiner is a virtual coin mining software that has been tested by thousands of miners. It is suitable for different categories of users – beginners and profs. The program’s interface is simple enough to easily understand its features. Users can change the speed of the GPU and the ability to overclock with an increase in hash rate.
Phoenix is a software for mining cryptocurrency on high performance PCs. The peculiarity of the software is that it can only be used for mining on the GPU. The capabilities of the program allow you to overclock your video card by 10-20 percent to increase the hash rate. Even a beginner can figure out the Phoenix features.
Ufasoft miner is a program for mining Dash, which features a simple interface, quick setup and a wide range of features. The peculiarity of the software is versatility. It can be used for mining cryptocurrency on GPU or CPU.

Finally, let’s consider a few pools:

Mining pool hub – a relatively young community of miners. Here, there is open access to network members, who are mining on CPU, video card or ASIC equipment. Pros – easy setup, a wide range of ways to manage.
F2pool – one of the largest pools, which was created in China and today belongs to the best services for mining different cryptocurrencies (including Dash).
Dashcoin.miner.center is a specialized pool for Dash mining with a simple and convenient design. You need to download the program and connect to the other miners to get started. The main page of their website offers a detailed guide, after studying which you can easily start mining the cryptocurrency.
AntPool – convenience, withdrawal of money without fees are the main advantages of this pool.

Conclusion

As for mining on CPU, this way of earning is not relevant for a long time, and mining with cloud services gives the result only if you have large capacities and serious investments. A great choice may be a pool for mining as this method does not require a significant financial investment. But if you have spare money, we advise you to study information about ASIC mining.