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Author Topic: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)  (Read 1161699 times)
RivAngE
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July 09, 2018, 07:49:38 AM
 #2341


Huge jump from 200 staoshi to 320satoshi almost instantly.

Remember this coin is still in its early development phase, dumb miners are dumping their earnings for easy $$$ but there are hardcore hoarders who hold millions of Ravens. At $20M market cap this almost feels like a free lambo ticket...
This is manipulation . If you were a trader , you'd see who's stupid . I've seen it happen in real time . Now the price of 260

But we can't deny the potential of this coin while this is into early development phase. This is really cheap so who are buying this with both hands they will enjoy in future with this fantastic ride.

Once again, this is manipulation . A man could have bought 250 yesterday, but he buys 2 million coins at 320 . Do not make an example of price growth from a single manipulation

Is everything a manipulation to you? This seems like a normal price action to me.

Since RVN has a relative low amount of coins in distribution and the price had fell a lot the last days, it was normal to make such a jumb if only one person would buy a huge amount. What would come after that would be miners who were holding after the price drop selling some or all of the coins they had accumulated.
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July 09, 2018, 09:51:46 AM
 #2342

Now, ravencoin has survive the bear market season, withstanding the dump. But still, maintain a price with 3 digits in satoshi, 250 sats. Quite remarkable, especially with a coin, with a new algo. Next move for devs is the coin application. It already captured market attention. Let's wait for future development.

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July 09, 2018, 01:59:57 PM
 #2343

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.
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July 09, 2018, 06:42:02 PM
 #2344

Minepool seems like becomes scam.
Stopped paying for 15 hours!
There are no any support and no way to get help.
Discord link is dead..
Pt411
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July 09, 2018, 07:34:15 PM
 #2345

RAVEN NOW ON!!!!
SUBSCRIBERPOOL.COM
Mining pool for our Subscriber Community
-a x16r -o stratum+tcp://mine.subscriberpool.com:3636 -u < wallet address > -p c=RVN,d=32
Low fee 0.5%. Payouts are made automatically every 2 hours for all balances above 0.5, or 0.05 on Sunday
GOOD LUCK!!!!
Come and join us and SUBSCRIBE!

FloppyPurpleGherkin
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July 09, 2018, 08:10:30 PM
 #2346

Next diff jump will be big in ~ 4 hours.
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July 09, 2018, 08:31:00 PM
 #2347

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.

Why buy 320. 2 million coins, if right here and now sell for 250, not tomorrow . That kind of nonsense? Who's trolling ?

Raise the purchase price by 10-20 Satoshi-miners will bring you as much as you want . The miners make 7.6 million coins a day! Buy no problem how many you want! Why at the price of 250 to buy 320? 2 million coins !
BiteByte
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July 09, 2018, 09:25:08 PM
 #2348

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.

Why buy 320. 2 million coins, if right here and now sell for 250, not tomorrow . That kind of nonsense? Who's trolling ?

Raise the purchase price by 10-20 Satoshi-miners will bring you as much as you want . The miners make 7.6 million coins a day! Buy no problem how many you want! Why at the price of 250 to buy 320? 2 million coins !
I can read that a few different ways, if you want, can you reword that?
No probs if the moment is gone and you don't want to.

Ravencoin (RVN) Decentralised: RHE9Pys8aQ47G28PYhC2umaT7ouNvtpXkU
Hanacoin (HANA) Centralised: HJzbjF8YUcETVB6K23o84aRY7wBirzJNrr
Both can work
Silent Miner
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July 10, 2018, 02:03:04 AM
 #2349

Silent Miner v1.1.0

Windows and Linux

Updated kernels
Increases to stability
Increased power efficiency

Windows:
https://mega.nz/#!2K5z1TyD!cmsFagv_lmVyBy_2KO8iQSI9vNoRpZ92etAFjFoz9FQ

Linux:
https://mega.nz/#!CXAXmbDD!jX1GhHdvgM8rqELZGgPZgGzy2CoAJ0tknXtte2wMyoo
beursstarter
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July 10, 2018, 05:18:33 AM
 #2350

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.

Why buy 320. 2 million coins, if right here and now sell for 250, not tomorrow . That kind of nonsense? Who's trolling ?

Raise the purchase price by 10-20 Satoshi-miners will bring you as much as you want . The miners make 7.6 million coins a day! Buy no problem how many you want! Why at the price of 250 to buy 320? 2 million coins !

With that same logic you can ask: Why are people buying now at 250 while they could at 200 a few days ago... or why are people selling at 250 while they could sell at more then 300 a few weeks ago but didn't.

Let me say this about that 2 million buy. If it was a manipulation, it did not work Smiley

I think it was someone who bought all coins from 250 to 320  because he/she thought the price would rise higher then 320 after  a big buy like that. Don't forget  that in the hours before around 5 orders of 1 million each were driving the price up from below 200 to 250.
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July 10, 2018, 07:13:01 AM
 #2351

Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.
RivAngE
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July 10, 2018, 07:20:34 AM
Last edit: July 10, 2018, 09:19:20 AM by RivAngE
 #2352

Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.

Using hashrate as a method of comparison when talking about x16r isn't really enlighting! Tongue
But your average payout per day seems very low, is it an average of the last week or so?

For comparison, I run a 1080ti and a 1070ti and getting 190RVN / day on suprnova. If you insist on the hashrate though, I'd say I am running at about 32-33 mh/s on average.
lionking2208
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July 10, 2018, 08:54:18 AM
 #2353

Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.

Its to low..  i think 150-180 with 6x1060.
So you are earning 1 $ a day with 6 gpu.. lol thats crazy. Electricity is more than 1$ a day ,so you are losing money every day?
freddyk
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July 10, 2018, 10:56:21 AM
 #2354

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.

Why buy 320. 2 million coins, if right here and now sell for 250, not tomorrow . That kind of nonsense? Who's trolling ?

Raise the purchase price by 10-20 Satoshi-miners will bring you as much as you want . The miners make 7.6 million coins a day! Buy no problem how many you want! Why at the price of 250 to buy 320? 2 million coins !

With that same logic you can ask: Why are people buying now at 250 while they could at 200 a few days ago... or why are people selling at 250 while they could sell at more then 300 a few weeks ago but didn't.

Let me say this about that 2 million buy. If it was a manipulation, it did not work Smiley

I think it was someone who bought all coins from 250 to 320  because he/she thought the price would rise higher then 320 after  a big buy like that. Don't forget  that in the hours before around 5 orders of 1 million each were driving the price up from below 200 to 250.

I'm not talking about a few days ago , I'm talking about buying for 320, when no problem selling for 250 . Now, not a few days ago!Put 260-you immediately sell, and do not spend extra money . There is no commercial logic here ,except to manipulate the course .
And never after such a candle the price did not trade higher, open trades and see for yourself .Yes, the price rises and some time trade, but never rose above . Almost every day, at 4 or 6 or 8 in the morning(UTC+3) there is such manipulation .
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July 10, 2018, 11:13:01 AM
 #2355

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.

Why buy 320. 2 million coins, if right here and now sell for 250, not tomorrow . That kind of nonsense? Who's trolling ?

Raise the purchase price by 10-20 Satoshi-miners will bring you as much as you want . The miners make 7.6 million coins a day! Buy no problem how many you want! Why at the price of 250 to buy 320? 2 million coins !

With that same logic you can ask: Why are people buying now at 250 while they could at 200 a few days ago... or why are people selling at 250 while they could sell at more then 300 a few weeks ago but didn't.

Let me say this about that 2 million buy. If it was a manipulation, it did not work Smiley

I think it was someone who bought all coins from 250 to 320  because he/she thought the price would rise higher then 320 after  a big buy like that. Don't forget  that in the hours before around 5 orders of 1 million each were driving the price up from below 200 to 250.

I'm not talking about a few days ago , I'm talking about buying for 320, when no problem selling for 250 . Now, not a few days ago!Put 260-you immediately sell, and do not spend extra money . There is no commercial logic here ,except to manipulate the course .
And never after such a candle the price did not trade higher, open trades and see for yourself .Yes, the price rises and some time trade, but never rose above . Almost every day, at 4 or 6 or 8 in the morning(UTC+3) there is such manipulation .

Don't know what you are talking about. At Crypto Bridge there were no trades higher then around 265...
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July 10, 2018, 11:55:07 AM
 #2356

Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.

Its to low..  i think 150-180 with 6x1060.
So you are earning 1 $ a day with 6 gpu.. lol thats crazy. Electricity is more than 1$ a day ,so you are losing money every day?

It is normal for virtopia and other small pools. One day you hit 80 ravens the other day 200. This is a problem of smaller pools. When they don't hit a block, you'll not get paid. When a block is hit, you get paid after a block confirmation. When virtopia hits a difficult block, there is a longer period until you get paid, when it hits less difficult block, payments are more often.

I will try to calculate it for you, but those numbers are only rough estimates. Let's say the actual total hashrate on network is 1,200Th/s. Difficulty is adjusted so, that a block should be hit every minute. Meaning that all the pools get their share of blocks from the network according to their hashpower.  Let's say virtopia has hashrate 6.5 GH/s (last time i checked yesterday). 1200 / 6.5 ~ 185 So a block should be hit every 185 minutes on virtopia. When you get a block with difficulty 200% you have to multiply this number by 2 * 185 = 370 minutes and so on. If you hit a block with difficulty of 500% you won't get paid for almost 16 hours. However if you hit easy blocks with difficulty less then 100% you will get paid more then what you should be paid on average. Your hashrate is 20 MH/s, from the pools hashrate 6.5MH/s it is 1/325.  Virtopias pool fee is 1% So when a block is hit, 4950 ravens are distributed to the miners. With your hashrate of 20MH/s you should get 4950/325 = 15.23 Ravens per block, so only about 5 blocks have been hit during the last 24 hours that takes it to the 80 mentioned ravens per day. Those calculations might be a bit off, but you should be able to calculate the average from actual hashrate on network, pool and your rig.
freddyk
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July 10, 2018, 02:34:12 PM
 #2357

I am not seeing any manipulation in this. Very low volumes traded, the gap between bids and asks are not moving much at all. So for it to jump up to 320 is not that big of a surprise. I bought some the other day at 250. Had a bid in the day before at less than that and nobody wanted to sell that low.

Look at the coin volumes over the past week, almost nothing.

Why buy 320. 2 million coins, if right here and now sell for 250, not tomorrow . That kind of nonsense? Who's trolling ?

Raise the purchase price by 10-20 Satoshi-miners will bring you as much as you want . The miners make 7.6 million coins a day! Buy no problem how many you want! Why at the price of 250 to buy 320? 2 million coins !

With that same logic you can ask: Why are people buying now at 250 while they could at 200 a few days ago... or why are people selling at 250 while they could sell at more then 300 a few weeks ago but didn't.

Let me say this about that 2 million buy. If it was a manipulation, it did not work Smiley

I think it was someone who bought all coins from 250 to 320  because he/she thought the price would rise higher then 320 after  a big buy like that. Don't forget  that in the hours before around 5 orders of 1 million each were driving the price up from below 200 to 250.

I'm not talking about a few days ago , I'm talking about buying for 320, when no problem selling for 250 . Now, not a few days ago!Put 260-you immediately sell, and do not spend extra money . There is no commercial logic here ,except to manipulate the course .
And never after such a candle the price did not trade higher, open trades and see for yourself .Yes, the price rises and some time trade, but never rose above . Almost every day, at 4 or 6 or 8 in the morning(UTC+3) there is such manipulation .

Don't know what you are talking about. At Crypto Bridge there were no trades higher then around 265...

You see the date of the post about the 320 ? After a week write to himself that it was not 265 , and the max was 212 . Why are you so blind and do not want to watch trading chart ? Do not want to see ,do not want to think ,do not want to analyze .
Gargulan
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July 11, 2018, 12:05:45 AM
 #2358

There is an article that says Patrick Byrne from Overstock invested a lot of money in this coin. Is it true? This is a POW coin so the question is when did he make that investment? When it was on exchanges?

https://www.youtube.com/watch?v=wLUshd-b6Lc  skip to 1:15

Above is the link to an interview with Patrick Byrne, before Ravencoin was on any exchanges, and it is not the only time he's spoken of Ravencoin. Overstock has spent Millions in TEAMS, that is way bigger and more significant in the mid-long run than actually buying it. In addition to that he publicly stated that they are mining it and have "65 million about a month ago" (I am quite sure that number has doubled at least since then. Plus add the fact that most probably t0 will be the platform to trade RVN assets on. When the time comes do not think for a moment that a company like overstock will let millions in investment die. They will spend many more millions to make it work, in addition to the fact that it is one of THE best open-source projects out there.

Keep in mind they also know when not to throw good money after bad money. For now it's a good indicator that Raven has a future, but it is not a guarantee only because Overstock is in there. Being on t0 is good as that means a lot of exposure.

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July 11, 2018, 05:49:34 AM
 #2359

Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.

Using hashrate as a method of comparison when talking about x16r isn't really enlighting! Tongue
But your average payout per day seems very low, is it an average of the last week or so?

For comparison, I run a 1080ti and a 1070ti and getting 190RVN / day on suprnova. If you insist on the hashrate though, I'd say I am running at about 32-33 mh/s on average.

Agreed, hence the reason for averages on both miner/pool and payout cause it all has an impact.

I wish it was only a week, it's been about 3 weeks now. I was giving it the benefit of the doubt, being a smaller pool and wanting to contribute towards the distribution of hashrate. But it would seem this has bitten me on the bum.

I'm curious as to what is causing this though, if they were doing this to more people they would not have any miners. I wonder if it has something to do with suprminer 1.6 on thier pool?

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July 11, 2018, 05:57:22 AM
 #2360

Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.

Its to low..  i think 150-180 with 6x1060.
So you are earning 1 $ a day with 6 gpu.. lol thats crazy. Electricity is more than 1$ a day ,so you are losing money every day?

It is normal for virtopia and other small pools. One day you hit 80 ravens the other day 200. This is a problem of smaller pools. When they don't hit a block, you'll not get paid. When a block is hit, you get paid after a block confirmation. When virtopia hits a difficult block, there is a longer period until you get paid, when it hits less difficult block, payments are more often.

I will try to calculate it for you, but those numbers are only rough estimates. Let's say the actual total hashrate on network is 1,200Th/s. Difficulty is adjusted so, that a block should be hit every minute. Meaning that all the pools get their share of blocks from the network according to their hashpower.  Let's say virtopia has hashrate 6.5 GH/s (last time i checked yesterday). 1200 / 6.5 ~ 185 So a block should be hit every 185 minutes on virtopia. When you get a block with difficulty 200% you have to multiply this number by 2 * 185 = 370 minutes and so on. If you hit a block with difficulty of 500% you won't get paid for almost 16 hours. However if you hit easy blocks with difficulty less then 100% you will get paid more then what you should be paid on average. Your hashrate is 20 MH/s, from the pools hashrate 6.5MH/s it is 1/325.  Virtopias pool fee is 1% So when a block is hit, 4950 ravens are distributed to the miners. With your hashrate of 20MH/s you should get 4950/325 = 15.23 Ravens per block, so only about 5 blocks have been hit during the last 24 hours that takes it to the 80 mentioned ravens per day. Those calculations might be a bit off, but you should be able to calculate the average from actual hashrate on network, pool and your rig.


Thanks for the in depth reply mate, yeah this is why I let it run for a few weeks. They have the loyalty reward system, which I was allowing to kick in also. But this seems to be ridiculous never was the pool paying out more then 100 raven a day, I've now switched to Minepool to give them a run and already they are paying out 200 raven a day, nothing changed except the pool.

Minepools average hash rate is matching my miners hash rate and my miner has consistent shares with only .05% rejected. It would seem to me that Virtopia either is being dodgy or the miner and Virtopia are not communicating correctly.
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