Hello everyone,
A few months ago while Dash mining profitability was still over $1500 a month I placed an order for an Antminer D3. At the time I knew profitability would drop BUT didn't expect it to drop quite as fast as it has. I'm going to receive it next week hopefully and with the difficulty rising and profitability decreasing significantly I'm worried I won't reach ROI at all.
It seems I realistically have two options:
SELL THE MINER: I'll get $1000 or so for it and paid $2599 a few months ago so I just can't justify selling for $1000 and not getting close to what I paid for it.
MINE WITH IT: I've done a ton of research and it seems my best bet will be to mine a multipool such as Granatgas and to simply mine until its not profitable anymore and hope I reach ROI.
X11 - Dash Mining Forecast: It seems a lot of people are ditching their D3's and pulling out of the Dash - X11 game. What will this mean for people like me where selling at a fraction of what I paid for the D3 isn't an option? With people pulling away from mining Dash and X11 algo coins in general will this mean the profitability will rise?
Bitcoin's overall value has skyrocketed obviously and there's more people mining SHA-256 algo and for Bitcoin in general than ever and the value of bitcoin has still continued to rise and mining profitability is still decent considering the amount of people mining. Will the same go for Dash - X11 coins? When Dash releases Evolution at the end of 2017 will that help with profitability?
Any advice to help me reach ROI mining with my D3 when it arrives?
Thanks in advance!