Ravencoin (RVN) Interest Keeps Growing Stronger

23 Mar
2018

RavenCoin (RVN) seems to have appeared out of nowhere for many people and there are still quite a lot of miners that are not aware of this potentially interesting crypto coin. Ravencoin is being described as “a use case specific blockchain designed to carry statements of truth about who owns what asset” and there is still a low unknown about the project. The interest in RVN however keeps growing and more people are getting interested in it and are starting to mine it and as a result the network is growing. You can keep track of how things move on on the useful Ravencoin Statistics website and how the network is progressing over time. The recent announcement that the Ravencoin roadmap and accompanying paper will be published on April 3 have further helped to increase the interest as currently there is just a short White Paper regarding the new X16r algorithm used by the coin.

Up until recently Ravencoin (RVN) was not traded on any exchange and was moved only as OTC sales and that is one of the reasons why the coin remained widely unknown for a while after its initial launch. Recently the decentralized exchange Crypto Bridge has added trading of RVN and that has helped move things further and help miners get more interest as they could easily sell coins. If you are interested in the profitability and are interested in just short term profit there is a useful RVN mining calculator that can give you an idea on how may coins you can mine and what profit you can expect. It can be useful for long term mining and holding as well as you can get an idea with what GPU mining hardware how many coins you can expect to mine, even though short term profitability does seem to be pretty good at the moment.

There is always a risk with new coins, especially when they tend to be more cryptic and not fully transparent at the beginning regarding what they are about and what their future plans are. So there is risk with Ravencoin (RVN) as well at this point as there are still a lot of unknowns, but higher risks do seem to pay out well if things tend to turn out for the better.

For the AMD X16r sgminer fork for Raven (RVN) Mining…
For the Nvidia X16r ccMiner Enemy 1.03 fork for Raven (RVN) Mining…



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6 Responses to Ravencoin (RVN) Interest Keeps Growing Stronger

oijezaoieja

March 23rd, 2018 at 19:01

seems dominated by early gpu mining, maybe even fpga now as all algos are known

CryptoYeti

March 24th, 2018 at 06:41

It uses the x16r algorithm, which rotates the 16 algos up based upon the output of the last block, making ASICs difficult to program for it, at least for the near future.

The team behind Ravencoin have also expressed a strong desire to keep that from happening and have said they will change the algo, or at least how it works if they even think ASICs are starting to mine it.

As far as CPU mining, you are correct in that ship has sailed. Although truth be told, CPU mining is dominated by botnets, so almost as bad as ASICs. At least with GPU’s the common man has some sort of chance to compete for shares.

admin

March 25th, 2018 at 09:43

Linux beta of the enemy ccminer 1.03 is now also available: https://mega.nz/#!ADxkjDKJ!h3gyL_Yc_ChGufgt1QOFE4mg01YLF3Cqv2nhhfVkN54

Also 32-bit and 64-bit versions for Windows: https://mega.nz/#!26pzUYSS!OPUQEFhQMKhka2om1K8ufY9yDMvWPJUCYaL2m98mFf4

Jefke

March 25th, 2018 at 18:55

If you are looking for a pool I can recommend http://www.pickaxe.pro for RVN mining, they have recently added RVN, and are looking for more fellow RVN miners!

adi

April 4th, 2018 at 16:12

hi admin,

what 6x 1080ti setting for that calculator app? it show 6x 1080ti 96mh/s?

thanks

Ruan

May 21st, 2018 at 23:38

Xpoolx raven pool is a pool with rewards for blocks mined, needs raven miners, have good admin and support.

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