CPU and GPU Mining
At the current network difficulty - which will only increase over time - mining Dash using CPUs or GPUs is no longer feasible. Even with free electricity the profits are so small that they are hardly worth the effort.
Antminer D3 ASIC Mining
Once you are in possession of your Antminer and completed its physical setup, its time to open the miner's web-interface in your browser. If you have trouble doing this, we recommend watching this video which outlines the entire L3 setup process from start to finish.
- Navigate to the "Miner Configuration Tab" inside the Antminer's web-interface and enter
stratum+tcp://dash.poolmining.org:3062as the Url for Pool 1.
- Now enter your Dash address in the "Worker" field of the first pool. If you don't know your Dash wallet address, read this section first
- If you are mining on multiple machines/rigs, you can append an identifier of your choice to your wallet address seperated by a dot to make it easier to distinguish between your rigs when evaluating your results. Example:
- Click "Save"
- You are now good to go to start mining
Getting a Wallet
Before you can start to mine you need to create a wallet. Although Dash is a digital asset, you still need a place to store them. This is done in a digital wallet. There are multiple methods to obtain a wallet which vary by ease of use and the security they provide.
Exodus is the a desktop multi-asset wallet with built in ShapeShift support for converting between crypto-currencies. The application is comfortable to use available for Windows, macOS and Linux. One of the best features of this multi-currency wallet the client-side encryption of your private keys which means you stay in full control of your keys which never leave your machine in unencrypted form.
A hardware wallet is a special type of wallet which stores the user's private keys in a secure hardware device. Hardware wallets offer robust safety features for storing cryptographic assets and securing digital payments. Popular hardware wallets are the Ledger Nano S and the Trezor.
For long-term storage of Dash you should create a cold storage wallet. A cold-storage wallet is extremely secure if you guard your monero private key by storing it in a password vault such as KeePass or LastPass or printing it out and depositing the sheet in a real bank vault.
Registering with an exchange
There are multiple digital currency exchanges you can register with. Registering with an exchange allows you to create a wallet on the exchange for every currency the exchange supports. Registering with an exchange is probably the most convenient way to obtain a wallet. Unfortunately it is also the least secure one. Exchanges have been hacked in the past!