The cryptocurrency market is back on horseback. After a protracted decline in 2018, Bitcoin gradually updates its local maxima and pulls the rest of the market. At the same time miners are activated, for which the profit from the extraction of coins already significantly exceeds the cost of electricity. One of the favorites of the owners of GPU-farms is Ravencoin. The coin gives a good profit, while you can dig it on almost any video card. Get acquainted closer.
Ravencoin RVN Review
Ravencoin is a relatively young project, itslaunched on January 3, 2018. The coin is a fork of Bitcoin, that is, the main cryptocurrency code was used to create it. In this case, the developers took care of the distinctive features and even set themselves a global challenge. This is about maximizing real-life blockchain usage cases. In other words - the gradual introduction of technology into the lives of ordinary users.
Now about etymology. The coin is named after the raven: here the inspiration for programmers was the “Game of Thrones”. In the series, birds act as messengers of truth. Ravencoin will also be on guard of the truth: in his case, the blockchain will confirm the fact of possession of a certain asset.
RVN is distinguished from Bitcoin by the mining algorithm -here it is X16R, not SHA256. The coin network is protected from ASIC miners, which really threaten the decentralization of projects. The openness of developers is also important: they do not keep their own funds for financing, do not send a certain percentage of new coins there and do not mine RVN until the project is launched. Everything was fair and just.
Course Ravencoin RVN
Today they offer 5.73 cents for RVN. A month ago, the coin rate was at the level of 6 cents, so the growth of Bitcoin did not affect Ravencoin. At the same time, the cryptocurrency is in the top 50 of the world coin rating.
Record cost RVN recorded at the end of March 2018. Then the rate was at 7.3 cents.
The capitalization of the project is equivalent to 203 milliondollars. There are 3.55 billion coins in circulation, the maximum amount is limited to 21 billion. The list of exchanges for the purchase of RVN is listed on the official project website.
Ravencoin RVN Wallet
To work with coins there are wallets. There are many supported platforms: Windows, MacOS and Linux. iOS and Android are also in business. All links are here.
Miner for Ravencoin RVN
For production, a program is needed, and for each video card manufacturer it has its own. Nvidia's GPU fits T-Rex, while AMD cards use SGMiner. Download them from here as an archive. Password 2miners.
How to mine Ravencoin
In the network of coins blocks are once a minute,reward - 5000 RVN. We recommend Ravencoin to dig at 2Miners, and this can be done together with other users of the pool (PPLNS), and in SOLO.
To start mining, edit the .bat file from the archive and specify your wallet instead of YOUR_ADDRESS. It is necessary that earned coins go to the address.
For example, RHUC17zAVjNqXDtkqwLPRvQ2XgoRZsXeeG.
Then change the RIG_ID, that is, the name of eachvideo card. It will be displayed in the statistics and will help to detect the source of problems in case of their occurrence. Here we use no more than 32 characters. Latin characters, numbers, as well as the characters "-" and "_" are appropriate.
For example, rig-1.
If successful, see the following.
Mining profitability Ravencoin
Estimate the potential income from mining RVN will help calculator mining 2CryptoCalc. For example, let's take 232 Mh / s, which correspond to eight Nvidia 1080Ti video cards.
Profit with this equipment will be about 7.4 dollars per day or 124 RVN. If the rate rises, the yield will also increase. By the way, over the past week, he jumped very well.
The main charm of RVN is small requirements. You can even dig a coin on Nvidia 1030, that is, it is ideal for the first steps in mining. In addition, Ravencoin is on most top cryptocurrency exchanges, so there will be no problems with the sale of coins after they are mined. The results of acquaintance with RVN are shared in the cryptochemicals of hodlers. To better understand the topic of cryptocurrency, read the Bible from 2 Bitcoin and subscribe to the Telegram-channel resource.