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hero-heading: Mining
hero-text: Dash, like most other cryptocurrencies, is based on a decentralized ledger of all transactions, known as a blockchain. This blockchain is secured through a consensus mechanism; in the case of both Dash, the consensus mechanism is Proof of Work (PoW). Miners attempt to solve difficult problems with specialized computers, and when they solve the problem, they receive the right to add a new block to the blockchain. If all the other people running the software agree that the problem was solved correctly, the block is added to the blockchain and the miner is rewarded.
hero-text: The foundation of Dash is its blockchain, which is a decentralized ledger of all transactions that have ever taken place. This blockchain is secured through a consensus mechanism called “Proof of Work” (PoW). Through a process called “mining,” people use specialized computers to solve extremely difficult math problems. If their solution is correct, they receive the right to add a new block to the blockchain. Once the network verifies that the problem was correctly solved, a new block is added to the blockchain and the miner is rewarded with Dash currency.
hero-how-to-btn: How to start
hero-pools-btn: Tools
hero-guides-btn: Guides
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how-start-heading: How to start Mining
asic-heading: ASIC Miner Hardware
asic-text: >
A server or a VPS installed with Linux: For the purposes of this guide we will be used Ubuntu 14.04 LTS.
We recommend cheap VPSes such as from Vultr and DigitalOcean though any decent provider will do.
Generally a low specced one will do. I use the 5 USD ones from Vultr and they work fine.
Specialized computers called Application Specific Integrated Circuits (ASICs) are designed to solve Dashs Proof of Work problems with the greatest possible efficiency. Current Dash ASICs on the market include:
asic-pinidea-btn: ASIC Pinidea X11 Miner DR-1
asic-pinidea-usb-btn: ASIC Pinidea X11 USB DU-1
asic-ibelink-miner: ASIC iBeLink DM384M X11

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---
author: tungfa
layout: post
image: "2017-03-15-THIRDCRYPTO.png"
title: "DASH BECOMES THIRD CRYPTO-CURRENCY IN HISTORY TO BREAK $100"
---
It is an exciting time to be an investor and early adopter in the world of decentralized digital currencies. Nearly every crypto-currency is having a record-setting first quarter of 2017. Dash, however, has reached hallowed ground this morning, passing the $100 valuation mark.
BULLY FOR DASH
[Dash](http://bitcoinist.com/altcoin-dash-new-partnership-high/) has been on a bull run since the beginning of the year, when it was trading at only $11.20, according to CoinMarketCap.com. Its market capitalization value was a mere $78 million, and the buzz was limited. My, how times have changed.
Twenty-four hours ago, Dash was trading at just over $75 USD, and in one day, Dash has made the leap into triple digits for the first time in its three-year history. Dash was first released in 2014 as XCoin and was renamed Darkcoin a mere month later. Finally, in 2015, it was rebranded as Dash, both to avoid a negative “Dark Web” vibe and to appeal to a more mainstream audience.
This gain in value, which pushes Dash over the $700 Million in global market cap, represents an approximate 800% in appreciation since January 1st, 2017. During the same period, Bitcoin has risen in value approximately 27% and Ethereum has risen a still-uber-impressive 280%, passing $30 in value this morning. Three weeks ago, on February 21st, Dash was trading for just over $20 USD, realizing an almost 400% gain since then.
![Alt desc](/assets/img/3-3-1024x680.png)
IS DASH FOR REAL?
The first question many reading this will ask themselves is “Is this a bubble or some kind of Pump-and-dump?” In my humble opinion, Id have to side with the former for a couple of reasons. First, Dashs rise in value over the last month or so has been without any real peaks. There have been many plateaus and very few peaks in value, indicative of a solid foundation, not the manipulation by a few investors.
Second, this rise in value has coincided with the discontent and undercurrent of worry surrounding the Bitcoin Core vs Bitcoin Unlimited drama in the crypto community. As faith in SegWit adoption has waned, and as Bitcoin Unlimited has found a following, [at least until yesterday](http://bitcoinist.com/bu-critical-bug-millions-fork/), Dash has gained dramatically in favor.
This indicates to me people are using Dash as a hedge against Bitcoin, and its not a false positive. I could be wrong, but as long as Bitcoin scalability issues fester, demand in Dash will swell until some sort of agreement is reached, and soon.
Others of you will ask “Other than Bitcoin and Dash, was the other crypto-currency to reach $100 in value?” That would be ZCash, which opened last October to extreme pre-launch hype and fanfare last October. ZCash futures were selling in the thousands of dollars and maintained a superior market value throughout its first month. However, after the hype was gone, ZCash sought its level in the $40 USD range, where it resides today.
<http://bitcoinist.com/dash-becomes-third-crypto-currency-in-history-to-break-100/>

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---
author: tungfa
layout: post
image: "2017-03-16-DashShock.jpg"
title: "Dash Shock Growth Sees Altcoin $100 Barrier Breached"
---
Privacy-focused altcoin Dash has further increased its exponential gains to surpass $100 per coin, having shot up 25 percent in 24 hours.
Defying even its own developers expectations, the asset has surprised investors and the wider community, again and again, jumping from $23 to $100 in just [one month](https://www.coingecko.com/en/coins/dash) .
![Alt desc](/assets/img/97d439fbc616876e2e6223bc4ba716ed.png)
While Vinny Lingham described altcoin markets this week as a bubble and warned of an [imminent crash](https://cointelegraph.com/news/altcoins-will-burst-dash-will-crash-vinny-lingham), Dash has continued growing without significant retraces.
Nonetheless, as other coins in the top 10 [level off](https://coinmarketcap.com/), several having themselves set new highs, Dash developers have publicly admitted their coins surge has left them underprepared.
Director of finance Ryan Taylor said in an [interview](https://www.youtube.com/watch?v=lXI7Y26adCE) with Dash analyst Amanda B. Johnson last week:
"We had a strategic plan that was really meant to take us up to around $100 to 200 mln dollars (market cap) and, at this point, we have obviously quickly moved past that so fast that were a little back on our heels again and having to do the next planning that gets us to $1 bln.”
Taylor made the comments when Dash was still at around $45.
“Deploying those kinds of resources efficiently and for the maximum benefit of the network is going to be difficult to do,” he added.
Ethereum meanwhile continues its own trend-setting, surpassing the $30 barrier in the past hour. Conversely, Monero has appeared to slow down and even slightly backtrack on [personal highs](https://cointelegraph.com/news/crypto-market-is-on-fire-right-now-market-cap-nears-25-bln) achieved in the last few days, with a continuation of recent gains less apparent.
<https://cointelegraph.com/news/dash-shock-growth-sees-altcoin-100-barrier-breached>

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---
author: tungfa
layout: post
image: "2017-03-16-ToCelebrate$100MarkDASHDetailedGoes Live.png"
title: "To Celebrate $100 Mark, DASH: Detailed Goes Live"
---
<iframe width="560" height="315" src="https://www.youtube.com/embed/NHxgMuXIItc" frameborder="0" allowfullscreen></iframe>

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