I just switched to this pool from nicehash - as many know they got hacked. I'm mining Dash with my antminer d3. I tried prohashing but profits were super low probably due to the amount of miners online.

 I see there's an estimated reward per round. But nothing is coming up in my unconfirmed balance. Was curious when I should expect to see something in the unconfirmed balance. Or do they end rounds every few minutes or hours, etc...Just want to be sure I'm not wasting my power running on this pool for nothing...

Sad to know it's not just me..seems like all these pools are going down at once. Assuming since nicehash is down people are trying to find new pools.

I'd like to know if it will be back up as well...

Is anyone else not seeing there miner on granatgas right now? It appears granatgas is down now....

What caused the sudden increase?! I hope it continues to go up. Just this morning it was barely $350.

I have a brand new antminer d3 with psu coming this week from antminer marketplace that I would like to trade for a gpu Ethereum rig.

I paid $2800 and realize with the difficulty on X11 algo coins such as dash rising that it's not worth that much.

I'd like a gpu Ethereum rig that does at least 150mh/s if possible.

The commercial space I rent with free electricity was going to let me mine there but with new tenants in the unit next door I can't use the antminer d3 there due to the noise level since there's new tenants next door. The landlord cleared me to use a gpu rig though as they're much quieter.

How much are you currently earning on nicehash? ->are you mining with a d3?

I'll probably end up doing nicehash or granatgas as my primary pool
and do like you and mine until it's not profitable and then try to find another way. A lot of people have mentioned other coins as they'll gain momentum and maybe we can get lucky.

Sounds like your in a similar situation as me. I may try one of these other X11 coins as well. There's a few that look decent but seems profitability is low. Something has to happen to help us X11 algo guys out!

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...

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!

Hello everyone I'm close to pulling the trigger and pre-ordering an antminer D3 and it would be for the December batch. I'm nervous that mining profitability will drop a ton by the time I'd receive the D3 and I'd be stuck not being able to reach ROI. Currently Dash is around $4k a month profit with the D3 after power costs.

With the increasing difficulty due to more D3s coming online how much should I expect profitability to drop by 2018?

I do realize it can mine other coins as well with the X11 algorithm so that may be an option if Dash isn't profitable anymore.

Bump for good luck!

So moving to POS won't be the biggest issue but the ice age update in October could make it less profitable or not at all profitable?

Side note: From my knowledge miners make the currency popular and if they make this ice age update take profit away the currency may be in trouble as less people will use it!

Hello everyone I'm new to mining in general but I'm a pretty tech savvy person and a huge Linux fan. I'm between getting into bitcoin mining vs altcoins such as Ethereum. I understand that there's pros and cons to both but here's where I'm at so far.

Pros to altcoin mining:
-I can get free electricity with altcoin mining since the hardware doesn't suck as much electricity as an asic miner. We have a commercial space with electric included but it got to be under $200 a month for it to be free. From all the calculators it's under that for a 6 gpu unit.
-Less time to get an altcoin unit. Bitcoin asic miners like the antminer (when) they have the s9 in stock on bitmain it can take months to get shipped to the USA. And I refuse to pay $3k for one off eBay or amazon when on bitmain they're $1400 at most.
-Can mine multiple altcoins where as an s9 can only do bitcoin to my knowledge.
-Still profits!

Cons:
-Less profits than using an s9 for bitcoin.
-Ethereum may be going to a proof of stake and that would make mining less profitable from my knowledge and may make mining obsolete.
-From my knowledge the best way to cash out is to trade the altcoin to bitcoin and then sell the bitcoin. This could be time consuming.

Hold backs:
-Ethereum and other altcoins going to proof of stake making mining less profitable or obsolete.
-Units for mining have more parts which can break.
-Profits are less than bitcoin mining at the same price point for hardware.

Units I've looked into:
-Digitmint seems to have the pro version that does 53.6 gh/s. This unit is also plug and go which is great since I'm starting out.

Questions:
-Right now with 53.6 gh/s for Ethereum it appears I'd make around $100 a month. How much more would I make if I was in a pool? With the 53.6 gh/s is it possible to make $500 a month or so which would make roi faster.
-Is the digitmint a good buy at roughly $1500 for a 4 gpu unit that's plug and play at 53.6gh/s for the price and all.
-With the possibility of Ethereum going to Proof of stake will this get rid of mining? Make it less profitable? So would it be worth I to even jump into altcoin mining due to this and the possibility of other altcoins going to this model?

Thanks in advance!

Thanks for the reply. It makes sense the S9 or T9 or Avalon A741 would be the only ones to yield a decent profit. I'm between going the GPU route and mining Ethereum but the profits are not as high and with the talk of Ethereum going the proof of stake route using a GPU miner for Ethereum will not be profitable.

So would it be wise to suck it up and go the bitcoin route with an S9 or Avalon A741? Or go with a GPU rig and do Ethereum and altcoin mining?

I know there's less places that accept Ethereum and alt coins in general as a form of payment and Bitcoin seems to be taking off especially recently. But that doesn't mean Ethereum or other altcoins won't take off.

I'd like to add with GPU mining since they use less power and have less noise I can place the unit at a space we rent with free electricity as the power bill won't go up THAT much. With Bitcoin mining they're too loud for that space and the power consumption would be too much for our landlord to not make us pay extra. I've asked and he says if its not going to be much more than say $100 extra a month for power then we can do it free.

I wonder about the future of mining as well and I'll break this into two sections.

Bitcoin: As someone else mentioned there seems like there will be a point where the hardware will physically max out and then what? Will something better come along and mining will become profitable again or will only heavily invested people with money for the high dollar mining hardware be able to mine? I'm assuming the home miner with less than five miners will not be able to mine and be profitable.

Ethereum/alt coins: I'm currently exploring getting into mining and thought hard of going this route instead of the bitcoin route. BUT will alt coins such as Ethereum ever catch on? Bitcoin has as many retailers are beginning to open up to he idea of accepting bitcoin and even the news features the bitcoin stock prices. But you never heard about Ethereum or any of the other altcoins so is it worth it to jump into altcoin mining? Will the future be bright for mining altcoins?

Would using an Avalon 741 or  S7 be profitable in a pool setting? It appears that by solo mining at the current bitcoin price's I could be around $80 profit per month with the S7 and $200 with the Avalon 741.

How much more would the profit go up in a pool setting? I do realize that every pool is different but am a round about figure would be nice to have.

If anyone is wondering I'm kind of between buying an S7 or the Avalon 741 but since the Avalon 741 has a higher TH/S rate that will probably be the best bet. I can't seem to find any S9's under $2,000 right now and Bitmain doesn't have any in stock (I know they're cheaper on Bitmains site).

From my research it appears gpu mining isn't really profitable for bitcoin especially with my 19 cent kwh power cost.

So I'm assuming my only real options for profit are cloud mining or buy an s9 or d3.