[ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)

[TheOATeam]

What's the news on this coin?

[pengi]

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.

Virtopia stats reporting is a bit different, for most it works out well but for w/e reason a few people see consistently low reported hash. Keep that in mind that is graphical and if in doubt take the miners reported hashrate.

The pool has went from 4GH up to 30GH recently so it is more stable on blocks and paying out very well. it is also now a top 10 pool

https://exp.virtopia.ca/pools

Whoa, there is one address mining @28.45719 GH/s So this is where the hash is comming from. Must be some kind of a large farm or something. That is a hashpower of ~1400 x 1080TI's

[Chatturga]

What's the news on this coin?

The short version is that the binaries for the asset layer will be ready to download and test on testnet on July30th, and there is a tentative date set for mainnet asset layer release on Oct 31st.

[crazyer1976]

Patrick Byrne talking about rvn again!

https://youtu.be/xgBWTSP7ixk

Interesting interview. I don't agree with all the ideas they discussed, the judgment is too categorical. Ravencon there are good prospects, but the current competencies of the team enough for reliable development, have more professionals.

[NoOneLt]

Hey community, whats up with the coin? Hash skyrocket and price constantly decreasing and volumes more or less the same.

[hush]

Hey community, whats up with the coin? Hash skyrocket and price constantly decreasing and volumes more or less the same.

Good opportunity to accumulate during this when someone believe and knows the potential of this coin. I always like to buy this coin instead of looking on market situation because in future this will change the old system.

[zyberzeydan]

I have gti 1070 gpu
How much would be per day mine worth?

[NoOneLt]

I have gti 1070 gpu
How much would be per day mine worth?

I would say around 0.7 USD

[NoOneLt]

How to add / request coin on tradingview? We sould definately spread the word and involve new channels.

[algopro]

I have gti 1070 gpu
How much would be per day mine worth?

should be able to get 0.9USD / 65 Coins per day

[crazyer1976]

I have gti 1070 gpu
How much would be per day mine worth?

should be able to get 0.9USD / 65 Coins per day

I have 1070ti + 1066. I get about 90-105 coins per day (depending on the current hashrate). But I'm not paying for electricity from this farm, so I'm in a better position. But the "farm" is very small)

[tiCeR]

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.

Virtopia stats reporting is a bit different, for most it works out well but for w/e reason a few people see consistently low reported hash. Keep that in mind that is graphical and if in doubt take the miners reported hashrate.

The pool has went from 4GH up to 30GH recently so it is more stable on blocks and paying out very well. it is also now a top 10 pool

https://exp.virtopia.ca/pools

Whoa, there is one address mining @28.45719 GH/s So this is where the hash is comming from. Must be some kind of a large farm or something. That is a hashpower of ~1400 x 1080TI's

No doubt this is a huge farm or are there even Asics for Ravencoin which work fine? That much hash power comes from a professional guy.

[viper-tron]

Anyone having trouble with withdraws on CryptoBridge? I purchased and withdrawn 90K RVN last night and coins still not in my wallet.

Made multiple purchased before and withdraws usually take 5-10 minutes to show in my my wallet.

[viper-tron]

Anyone having trouble with withdraws on CryptoBridge? I purchased and withdrawn 90K RVN last night and coins still not in my wallet.

Made multiple purchased before and withdraws usually take 5-10 minutes to show in my my wallet.

Disregard post...
Coins arrived after 16 hours. Thanks!

[chem612]

Anyone having trouble with withdraws on CryptoBridge? I purchased and withdrawn 90K RVN last night and coins still not in my wallet.

Made multiple purchased before and withdraws usually take 5-10 minutes to show in my my wallet.

Disregard post...
Coins arrived after 16 hours. Thanks!

90k okok

[algopro]

sorry I keep repeating this - are there any news on the asset layer and is there an explanation somewhere how it works / can be used that is not code?

[Chatturga]

Yes.  The binaries for the asset layer will be available on July 30th so that people can begin testing it on testnet.  There is not an explanation or walk-through yet because some things could possibly change during testing, but there will likely be educational resources by the time assets are released on mainnet, which is set now for October 31st.

[Megalucker1]

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.

Virtopia stats reporting is a bit different, for most it works out well but for w/e reason a few people see consistently low reported hash. Keep that in mind that is graphical and if in doubt take the miners reported hashrate.

The pool has went from 4GH up to 30GH recently so it is more stable on blocks and paying out very well. it is also now a top 10 pool

https://exp.virtopia.ca/pools

Whoa, there is one address mining @28.45719 GH/s So this is where the hash is comming from. Must be some kind of a large farm or something. That is a hashpower of ~1400 x 1080TI's

No doubt this is a huge farm or are there even Asics for Ravencoin which work fine? That much hash power comes from a professional guy.

I think the creation of ASIC for ravencoin will destroy the coin. In addition to the stability to ASIC due to the change of algorithms, it no longer has any advantages. If this happens before the fork - the result will be catastrophic for theprice and miners. Even if after that, the command will announce a change in the algorithm or any other actions with the source code.

[algopro]

Yes.  The binaries for the asset layer will be available on July 30th so that people can begin testing it on testnet.  There is not an explanation or walk-through yet because some things could possibly change during testing, but there will likely be educational resources by the time assets are released on mainnet, which is set now for October 31st.

that makes sense, thanks! Looking forward to seeing it.

[Silent Miner]

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