I used to mine DASH with an old Bitmain D3 (I think that was the model I had). It's a great coin, but I just moved on to Monero for everything I would have used DASH for. I do like the fact that is a PoW and PoS crossover, which does help with decentralization.
You are viewing a single comment's thread from:
yeah, big fan of monero as well. DASH has the advantage though, in terms of access. not being totally private makes exchanges/businesses more comfortable dealing with it.
I am thinking that at some point Monero will be attacked by the government here in the US and owners or holders may also be sought out.
I don't have a wallet or tokens, so I don't know how easy it will be to find owners.
Does Monero even have a block explorer?
It seems like there would be little or no point.
Do people mine Monero?
I imagine it is POW?
yeah monero does have a block explorer and i think you can mine it
Thanks
How would that happen? The IRS has had a bounty out on it for years and it hasn't been collected. Once the new FCMP+ features are released, it will be completely untraceable. The only thing they can get on you now is an IP address if you use one of the public Chainalysis nodes. Running your own node is the best way to go anyway.
They can't stop Monero, they have tried, they have failed.
Yes, Monero is Proof of Work, the most decentralized form of POW actually because it can be mined on anything with a CPU. I mine it on 2 Macbooks and an old gaming PC.
Yes, Monero has multiple block explorers. I would suggest doing some research for yourself on the subject.
Good points.
Thanks for the information.
That's a good point, but I really like the ASIC resistance and truly private transactions. DASH is only private if you use that type of transaction in the main DASH wallet. If you have something like Exodus, it is as transparent as Bitcoin. There will be a point in time that people will need full privacy.
yeah coinjoin is private enough for 95% of users. another major advantage is DEX support, which 99% of privacy coins don't have. DASH is on Maya Protocol, and ZCASH is in development.
also recommend checking out SeraiDEX, which is in development. It's going to be a cross chain monero dex
Good to know.
How was the mining difficulty?
What wold you suggest a beginner use to mine it today?
I wouldn't know now, I am only mining Monero on CPUs. I don't have any more ASIC miners, so I haven't been following it to be honest. Nothing a 'beginner' could afford would be worth it. Those machines are ridiculously expensive to be profitable. You can check asicminervalue.com or whattomine.com and see what the best miners for DASH are today.
thanks!
i forgot about what to mine so i feel silly, and never heard of the asic one, but appreciate the info,
No worries
👍