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

[beursstarter]

Not fishy, this is what happens when someone starts buying up all the offers.

My comment is anecdotal. I meant that the amount bought is more that is what has been available in the past of constantly around 20btc. There is just under 20BTC available today after all that buying.
So I'm putting the thought out there that it maybe something like wash trading.

Dont think so, this Vincent still has all the rvn he bought in his account, currently more then 63.000.000 RVN, so no wash trading. He never sold, only bought more

[1714856814]

1714856814

[1714856814]

1714856814

[1714856814]

1714856814

[TheOATeam]

Since the exchange is decentralized, I think it should be possible to see if wash trading is happening with some detective work, right?

I mean, if the price action is due to the listing on cryptopia then there's probably someone with deep pockets buying up whatever is on the offer. It isn't a whole lot of money that would be required and this is the first we've had some big news items coming out in a while (that and the recent bit of asset layer hype). Either way, someone is buying, and I bet there are some trapped miners who need to pay their electric bills seeing the price move up and are depositing their RVN into the exchange or selling RVN that they have had loaded into the exchange for a while but just in storage without any orders placed.

Edit: and the detective posted his reply just before mine! lol

[BiteByte]

Not fishy, this is what happens when someone starts buying up all the offers.

My comment is anecdotal. I meant that the amount bought is more that is what has been available in the past of constantly around 20btc. There is just under 20BTC available today after all that buying.
So I'm putting the thought out there that it maybe something like wash trading.

Dont think so, this Vincent still has all the rvn he bought in his account, currently more then 63.000.000 RVN, so no wash trading. He never sold, only bought more

That's what made me think. Every time he buys some there is another 20 btc available

[BiteByte]

Not fishy, this is what happens when someone starts buying up all the offers.

My comment is anecdotal. I meant that the amount bought is more that is what has been available in the past of constantly around 20btc. There is just under 20BTC available today after all that buying.
So I'm putting the thought out there that it maybe something like wash trading.

Dont think so, this Vincent still has all the rvn he bought in his account, currently more then 63.000.000 RVN, so no wash trading. He never sold, only bought more

But is he buying it from his or his own groups stash. Is it possible to track the source of the RVN and see if they are connected?

[BiteByte]

It's definitely a move. I wouldn't buy any at high prices until he has gone.
Unless you don't give a rats and you are in for the long haul.

[Jiil]

Anyway someone is betting big : buy  orders of 4btc :x

[sp_]

this Vincent (..)

Vincent is the biggest horserace track in Paris. Some of the most powerful and richest ppl in the world gamble there..

[Green999]

I'll watch these days buying coins Ravencoin. I hope it will be a good idea and investment will meet the expectations for the future. I wish the team that all the ideas they implemented as conceived and wanted and went only forward.

[Deadheded]

Not fishy, this is what happens when someone starts buying up all the offers.

My comment is anecdotal. I meant that the amount bought is more that is what has been available in the past of constantly around 20btc. There is just under 20BTC available today after all that buying.
So I'm putting the thought out there that it maybe something like wash trading.

Dont think so, this Vincent still has all the rvn he bought in his account, currently more then 63.000.000 RVN, so no wash trading. He never sold, only bought more

But is he buying it from his or his own groups stash. Investigators is it possible to track the source of the RVN and see if they are connected?

Maybe "Vincent" is a Zambian with insider information....

"As part of the MOU, MLG has agreed to deliver to the Ministry certificates of title in digital and printed form by November 30, 2018 to serve as proof of concept for a systematic, streamlined process to scale up the country's land titling program.

Plans for the full scope of the project include developing a blockchain-based land titling program that includes a mobile platform and capabilities for mobile payments. The platform will accommodate streamlined regulations and data collection to assist future government decisions around city planning and land use."

BWTFDIK

[BiteByte]

I hope you are all getting ready to mine in a few hours to catch some quick Raven before Nicehash Phuks come in and steal them.
Should be a good drop in Difficulty and while the Hashrate is under 1TH/s you will hopefully get more than usual.

I.e. its had two sessions at 33,661diff and blocks per minute averaged around 0.98 for the first round and 0.38 on this round where it aims to be 1.0.
I'm not sure if the high block rate before these two rounds added to these two low rounds has the coin behind or in front of where it should be.
My guess is behind (don't want to do the math right now) so it will want to catch up - meaning low difficulty.

[JaekRock]

Crazy day of volume.  Good to have another exchange option...it was sorely needed...can't imagine what a working coin and actual exchange would do for the coin value.  Anyway, got a 399 sell in and am going to see where the NH dumpers take it tomorrow (or if Vincent shows up again).  Trading is my new mining until some better diff adjust stuff comes through.

[beursstarter]

Best in debth article regarding Ravencoin I have read yet:
https://medium.com/@stillman_crypto/the-ravencoin-report-rvn-50ca8872c0de

[trexminer]

Hi guys, just letting you know T-Rex Nvidia GPU miner now supports x16r algo. It should be the fastest now. Feel free to do pool tests and post the results.
https://bitcointalk.org/index.php?topic=4432704.0

[pengi]

It took 3 and 1/2 days to mine the 2016 blocks. And the next difficulty dip will be cleared within 8 hours. So happy 8 hours mining for every one NH especially

[TheKartman]

Hello guys, new Multi-Pool mining :

http://www.z-pool.eu

Many currencies available

0.90% fees only !

Stratum :

Code:

stratum+tcp://z-pool.eu:3636

Miner command line :

Code:

-a x16r -o stratum+tcp://z-pool.eu:3636 -u YOUR_ADDRESS -p c=RVN

Welcome to all & happy mining !

[Aismen]

The Diff won't be a big dip. Nicehash though already going toward 1TH of hashing as opposed to 200 GH yesterday.

[Aismen]

Later edit: total hashrate from nicehash is now 2.6 TH.




Diff 13k (not 9K at least like last time). Hashrate from NH went to 1.5 TH for X16r (not all goes to Ravencoin but clearly most of it will).

Let's see how it goes now?

One thing is clear however. All that nonsense of FPGAs was just that...nonsense. Real culprit here is NH.

[Morama]

I know nicehash will be cancer for RVN mining, but this is just crazy.

After this hours of 5 Blocks per minute we will drop back to Diff >30000 and it will take 4 days to come back to another 8 hour phase of low difficulty.

What are the thoughts from the devs about this behavior?

[pengi]

This is cancer. Almost 3TH/s now. I am sick of NH.

[RivAngE]

Later edit: total hashrate from nicehash is now 2.6 TH.


Diff 13k (not 9K at least like last time). Hashrate from NH went to 1.5 TH for X16r (not all goes to Ravencoin but clearly most of it will).

Let's see how it goes now?

One thing is clear however. All that nonsense of FPGAs was just that...nonsense. Real culprit here is NH.

Like mining on FPGAs or on GPUs makes any difference, if the users of either FPGAs or GPUs point their machines to NiceHash, only bad things happen. At least FPGA users are less likely to be script-kids who will throw their hash to NH. Also it's not possible for FPGAs to mine on multi-pools, those pools automaticaly point miners to Raven when the profit high (=diff is low) and then leave when the profit gets lower (=diff is high).

This is not going anywhere btw... we hit 2.7 TH hashrate, in a few hours the 2016 blocks will have been mined and the diff will shoot up to about 60.000 I'd guess, and since the profitability will nosedive, all the miners will leave.
With sadness I had to sell 75% of my RVN since I'm afraid of what will happen when there will be no miners to support the network, and I've been gathering them for months.

Maybe when there will be FPGAs miners supporting the network, the NiceHash's hashrate won't be enough to create problems.