I'm pretty sure DASH will do fine long term. It's a solid coin with a great devlopment team and roadmap. The problem with DASH mining is it's really a bad coin to mine with ASIC's. The mining subsidy adjusts lower as the difficulty increases, so it's a double wammy on your mining profitability. That creates a mining reward incentive if the difficulty drops too much and keeps large farms from centralizing the hash power and gaming the difficulty like happens with SHA256 coins. It also means as the network difficulty grows, there is also less new DASH to go around.
In a nutshell: the number of coins mined per block depends on the mining difficulty (which itself is based on global hash-rate for Dash) of the last block. Low difficulty means more coins per block, hight difficulty less coins. Additionally there's yearly decline of about 7% coins per block.
https://www.dash.org/forum/threads/total-dash-per-day-reward.14973/#post-127264Most people won't want to take a hit on the hardware they bought, so as long as it remains even slightly profitable they will keep mining. If it was me, I would say In for a penny, in for a pound and accumulate coins. That strategy worked out well for those that mined ETH and LTC with marginal to zero profitability for years until it finally turned around.
Thank you for the reply. I like many others are screwed. I financed with PayPal credit and at the time thought I could reach roi much quicker and not get stuck with crazy amounts of interest. Since roi may not happen or not quickly at least I'm going to be in major debt due to the interest...
I also thought I could get free power at the time of purchase but the commercial space I have tenants moved in next door and I can't have the noise of the d3...I could use an gpu rig which is what I'm trying to trade the d3 for since they're quieter but since profitability has dropped so much no one wants a d3...
So I'm stuck putting the d3 in my house and just running it until it's not profitable anymore...I do agree dash will be okay long term as the features are great but short term I'm going to have to mine any X11 coins I can to reach roi if I can...