Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
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Competition between ASIC owner make coin production cost the same level as GPU mininig.
ASICs only purpose is to cheapen electricity cost and increase hashrate.
ASICs are not as available as GPUs, they are expensive, cheaper on electricity and very low re sale value
mining is..
electricity expenses = should covered by profit
equipment purchase = there should be Return of investment thru profit
time, effort, investment = should be covered by profit too
ASICs will make DASH cheaper...ASICs cannot assure price increase...
DASH ace card for price increase is only "innovation"..and I highly doubt that "DASH innovation" is really an "innovation" that will create DEMAND
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Coin price depend on coin difference, marketing, usage, tech, coin capitalist, etc.
summarized to....DEMAND
Current DASH price is High for me.
I want it to be 0.5$ to set up masternode cheaper.