I'd purchased 100MH Dash contracts almost 4 months back and this month I will make my ROI. Yes the difficulty of Dash has gone up significantly but the price has gone up too. Certainly for new customers the ROI will go up as the difficulty of the coin will go up too... It is better to buy your own ASIC hardware and mine dash yourself, but the problem is all DASH ASICs gets sold out as soon as they are available in stores, most likely Genesis-mining buys all the ASICs for themselves...
You are viewing a single comment's thread from:
Dash price has gone up by 200%, while difficulty - by 300%!
Difference: 3/2 = 50%. Dash has become 50% less profitable to mine using Genesis Mining so far. There is 100% proof that difficulty will keep going up, but there is no 100% proof the price will follow... Even if it does, It probably won't follow up at the same level, unless it SKYROKETS for some reason, which is possible, of course.
I agree that it'd be more profitable to mine by ourselves...