Whats going on with the difficulty with DASH?
As most know DASH is my favourite Cryptocurrency out there, this is mainly based on how much hashing power I ave on Genesis Mining. I have around 2647 MH and cost me around 11K of my own money, when i first took out these contracts back in March this year the difficulty was low at 80k or around 3 TH, Last week since the mining contracts have been live on GM again the difficulty has rocketed to over double in the last week reaching over 10TH now or 500k.
When I had this much hashing power back in April I was collecting around 0.7 to 0.8 DASH every day but since then it has dropped and dropped. Now I am getting around 0.3 DASH per day with this much Hashing Power! X11 is by far the best currency to mine on GM no doubt but at the cap of $100 per day it will take a long time to get where I am today! This is a good measure on the other side as you don't have the main players like Craig, Trev oct buying all the hashing power! It can be spread amongst the newer lot who realise they would like a small slice of the cake! OR DASH :)