Dash Mining Pools

When choosing among all of them out there, you can look at the hash rate. The higher it is, the more efficiently the pool operates and the more rewards you can expect. Usually, mining pools with higher hash rate are the biggest ones, so you can’t go wrong if you choose one of them. Ideally, you would pick the pool with the highest payoff and the lowest fees. Here you can see a list of the best Dash mining pools in comparison based on their hash rate, as well as their market shares, server locations, reward systems and fees:

You should consider joining a mining source, that has a server close to you, as it would help maintain low latency, so the mining process can run smoothly and be more efficient. This can be tested by checking how high the ping to the pool’s IP address is. Also, make sure you pick a pool that’s cost-effective and highly rewarding. You can check the guide on “How to choose the right mining pool” for more information on this, where more information about the different reward systems is present as well.

Another thing I want to remind you is to choose a second and maybe even third backup pool to switch to in case your first option is down.

Mining Pools Without Registration

When you join a Dash mining pool, it might require you to register but let’s say you don’t want to, because you are concerned about your privacy. There are some pools for you that do not require a registration. Here you can see a list of them with all the needed information to join one:

The process of connecting to such provider is pretty easy and safe. The device you mine with has a software, which you connect to the pool of your choice. No registration means no personal information visible on the website of the pool itself. For Dash, you need to adjust the ASIC’s software. No public websites are involved. Go into your miner’s software and use the quickstart parameters as follows. You can copy/paste the information, so you don’t make a mistake:

You have probably decided to mine, so let us show you how to calculate your profits. If you want to see how much profit exactly you can make joining a Dash mining pool, use the mining calculator. It’s very simple and easy to use – you just need to enter the hash rate, power consumption, electricity cost and pool fee and then click “calculate”.Cloud mining calculations are even easier – you enter just the hash rate and pool fee. The calculations are based on the current market price and difficulty. You should keep in mind that the calculations depend to a high extent on the constantly changing variables.

On the output you can see your potential profit for the day, week, month and year. You can also see the power cost and the mined coins for the same time periods. When you are checking your cloud mining calculations, you just have to make sure the earnings are higher than the costs.

Are you looking to make even higher profit? Then you should consider setting up a Dash mining pool by yourself. It’s very profitable because on top of the mined rewards, you can also collect fees from your miners. Also, by creating your own pool you would contribute to the decentralization of all the mining power within the network. However, I should note that it definitely isn’t an easy task, as it requires a lot of effort and technical knowledge. In general, I recommend using a VPS Service, the minimum requirements you will need to start are at least:

Many of the miners choose to mine with ASICs (Application-Specific Integrated Circuits) because it’s designed for this particular purpose only. This makes mining much more efficient and rewarding than with the CPUs or GPUs. Most of the coins that can be mined with ASICs are located mainly in Asia, or China in particular, therefore, the top Dash mining pool servers are also located there. China is also a main producer of ASIC, so they locate their pools there. Moreover, the distribution of the hash power of the Dash network is concentrated mainly in Asia, due to the cheap electricity. Since mining with ASIC proves to be most profitable, even some miners from other continents are doing it in some of the biggest Chinese pools.

Centralization of DASH Mining Pools

Nearly 50% of all the hash power is distributed among the top two pools, leaving a potential risk for centralization of the power. However, it is fairly unlikely for a 51% attack (a case, in which someone controlling more than 50% of the power interferes with the network) to happen. Although that much power is distributed between only a couple of pools, one is not an actual machine on itself. It is comprised of many individual nodes that are receiving their personal direct payments. Nevertheless, for the sake of keeping the network decentralized, I advise you to join smaller pools.

Pool Distribution (calculated by blocks)

Pool	Hashrate Share
AntPool	27.09%
ViaBTC	12.09%
Coinmine.pl	7.10%
Dash.btc.top	4.80%
Mining Pool Hub	2.00%
Other pools	42.50%

History of Dash

Dash, or Darkcoin, was created by Evan Duffield and first launched in January 2014 as a fork of Bitcoin. In the beginning, it had some difficulties and issues, but then it started growing rapidly. For mining it uses a different algorithm than Bitcoin, has nearly four times faster block creation times, and it also offers completely anonymous transactions as opposed to Bitcoin. To this day, Dash pools continue to grow and develop, providing miners with unique advantages.