Calling all Dash Miners, Let's Work on Combining our Resources to Create a ....

[Kayaman85]

Dash miners... let's work together and pool our mined Dash together to create a shared masternode for extra profits. I have ordered some D3 Antminers (3) Which I will be receiving in November...Once I get them up and running would be kool to start saving up my mined Dash to create a masternode..unfortunately that would take a long freakin time by myself, with 3 D3's at today difficulty it would take me a year just to mine 61 Dash...BUT TOGETHER we could create a shared masternode in no time. (well not really no time but a lot quicker than it would take us invdividually lol) we can start with 1 shared masternode where everyone has to contribute atleast 10 DASH to join, then create another one and another one untill each of us can afford our own masternodes. Will figure the details out once the time comes, just figured I would post about this now to get a head start and gather us like minded people together. This would also help the price of Dash not go down as much, I believe the Dash value has been going down lately cuz so many people who bought D3's have been selling off their mined Dash which is making the price go down. Anyways. If this sounds good to anyone leave a comment.

Peace&<3

BTCKayaManBTC

[jawatulen]

is there any relations between the miners tool with the price of the coins ?
you said because of all miners selling their Antminer D3, so the price of dash is going down.

[gotit]

1000 DASH = 300,000 USD

10 DASH = 3,000 USD

That's not a small chunk of money.

What's the return on investment?

[beachbummer]

is there any relations between the miners tool with the price of the coins ?
you said because of all miners selling their Antminer D3, so the price of dash is going down.

That's not what OP said. He said that miners were selling off the Dash that were mined by their D3s.

[shaninium]

New inexperienced miners don't know how to hold their coins, they are likely to have little to no experience in trading. They prob just sell at market price instead of holding and selling on the peaks. X11 Pools that payout in anything but dash won't be helping.

[Kayaman85]

Thanks Beachbummer, you are correct. lol.
And yeah, a lot of ppl who are new to cryptos bought up D3's cuz they saw that they were earning a lot when they were first released, and they def dont know how to trade.. and i assume most are just selling their dash right away..

[Oakey22]

What's the problem with selling straight away? It takes away the gamble of the price going down.

[Kayaman85]

when there are more sellers than buyers THAT is HOW the price goes down..lol

[beachbummer]

I agree with Oakey22 that it does make sense to sell some of the coins that have been mined.

This results in operational profit, otherwise miners will just be sitting on paper profits that have the risk of being wiped out if the coins drop in value due to some reason or other.

[Chan8]

Dash miners... let's work together and pool our mined Dash together to create a shared masternode for extra profits. I have ordered some D3 Antminers (3) Which I will be receiving in November...Once I get them up and running would be kool to start saving up my mined Dash to create a masternode..unfortunately that would take a long freakin time by myself, with 3 D3's at today difficulty it would take me a year just to mine 61 Dash...BUT TOGETHER we could create a shared masternode in no time. (well not really no time but a lot quicker than it would take us invdividually lol) we can start with 1 shared masternode where everyone has to contribute atleast 10 DASH to join, then create another one and another one untill each of us can afford our own masternodes. Will figure the details out once the time comes, just figured I would post about this now to get a head start and gather us like minded people together. This would also help the price of Dash not go down as much, I believe the Dash value has been going down lately cuz so many people who bought D3's have been selling off their mined Dash which is making the price go down. Anyways. If this sounds good to anyone leave a comment.

Peace&<3

BTCKayaManBTC

Having a few d3 will not get you close to a masternode of 1000 dash coins. It does take a pretty long time to save 1000 dash coins.
But also who will be handling the masternode? I dont think it can be split up. 1 person would need to be controlling or holding the wallet no?
And arent there already pools for people to invest into masternodes? I heard a few friends told me they joined pools for dash masternodes from reliable sites out there.

[Kayaman85]

Yeah after doing the math I have come to the conclusion that it wouldnt be worth it to pool together many different people to get a masternode.
Since the ROI of Dash is only like 7%
Everyone who pooled together wouldnt get enough dash from the masternode to really make it worth it.
It is only really worth it if you have your own masternode or if only a few ppl pooled their Dash together to share a masternode.
Having many different people throw down towards a Masternode wouldnt be profitable enough to make it worth it.
So NVM people. lol.

BTCKayaManBTC

[DrkLvr_]

Dash instamine