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

[narking]

You are totally right in the terms of ROI, but if we suppose that someone already have hardware, GPU's are very close to switch off and FPGA's are not even close. And when GPU's switch off, difficulty will drop and FPGA's gonna make even more coins.
Most efficient hardware wins at the end.

So it is and everyone understands this. In the end, the newest and most efficient equipment that runs on the cheapest electricity will give the greatest profit. It should be understood that the complexity of the network does not change every minute but once in a while.
And we need to plan our expenses roughly to succeed and stay afloat.

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[Ravencoin-Miner]

Ravencoin Miner: The fastest open source miner for Ravencoin

https://github.com/Ravencoin-Miner/Ravencoin/releases

[Aismen]

How can we get Ravencoin in this?

https://news.bitcoin.com/coinbase-opens-the-door-to-more-than-30-new-cryptocurrencies/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

[nabilapimpo]

Notice that ravencoin would be listings in binance, it looks like this coin has a special meaning, because not all the coins could enter inside. I believe that these coins will bring a profit for its owners.

[leonjbr]

Notice that ravencoin would be listings in binance, it looks like this coin has a special meaning, because not all the coins could enter inside. I believe that these coins will bring a profit for its owners.

Yes, I have noticed this too. It looks like there is a lot of people very optimistic about this coin.

[NrX]

It can be called invisible support of potential what made possible for Ravencoin to reach at big exchanges where others projects can't reach in spite of collecting millions of dollars. Somewhere at some level involvement of important people can't be undermined. It's current performance is also very good in comparison to many other markets.

[williamgrahamiv]

Look, as difficult as it is for most of you to believe, there are lots of hobbyist level miners mining RVN who DON’T CARE ABOUT PRICE. I should know, I’m one of them. If you have been in the crypto space since before Etherium you understand that the network and the community is what gives any coin its value (just look at Dogecoin FFS). Mining BTC in the early days was stupid. Buying a butterfly labs ASIC was stupid (trust me, 9 month shipping delay was “fast” shipping). Buying a big bag of BTC on Mt. Gox, moving them to cold storage, and HODLING was smart... BUT, if everyone had done that and no one mined at a loss there would be no BTC value today.

When you can’t figure out why anyone would lose money on mining RVN at home do yourself a favor:
1) go to Coin Market Cap
2) in the top left drop down select “cryptocurrencies” and select “filter non-mineable”
3) click on “Volume (24h)” and sort in descending order: RVN is a top 20 coin NOW
4) consider that in 3 more years its market cap will be 3 times higher by the simple fact that there will be 10 billion RVN in circulation

RVN is trading today at $0.013 USD. It has well over $1 Million per day in trade volume (which is way more than about 40 coins on the top 100 coin list). It could EASILY get to $0.10 in the next 3 years, but ONLY IF it has a strong network and community.

I want $0.10 to happen. It needs everyone’s help to get there, and every hash helps.

We mine because we are Ravencoin.

[Subsonic]

[
RVN is trading today at $0.013 USD. It has well over $1 Million per day in trade volume (which is way more than about 40 coins on the top 100 coin list). It could EASILY get to $0.10 in the next 3 years, but ONLY IF it has a strong network and community.

I want $0.10 to happen. It needs everyone’s help to get there, and every hash helps.

We mine because we are Ravencoin.


[/quote]

..mm helps to who? not helping miners to get rich and pay off their systems.Devs get rich, some traders get rich...not miners.And you told us..wait for 3 years to up to 0.10 cents....What a crapp... we need 0.30 plus.. and the stupid BTC level 8000-12000 to see something.

[hush]

Raven is worth to buy from my point of view it is very cheap but potential is very huge. It looking very stable in current situation I am converting my other tokens into this coin.

[honolulu888]

Raven is worth to buy from my point of view it is very cheap but potential is very huge. It looking very stable in current situation I am converting my other tokens into this coin.

Yes its i like raven because its have their own unique algorithm and also raven coin listed on reputable exchange like binance that have huge volume of trading

[leonjbr]

Look, as difficult as it is for most of you to believe, there are lots of hobbyist level miners mining RVN who DON’T CARE ABOUT PRICE. I should know, I’m one of them. If you have been in the crypto space since before Etherium you understand that the network and the community is what gives any coin its value (just look at Dogecoin FFS). Mining BTC in the early days was stupid. Buying a butterfly labs ASIC was stupid (trust me, 9 month shipping delay was “fast” shipping). Buying a big bag of BTC on Mt. Gox, moving them to cold storage, and HODLING was smart... BUT, if everyone had done that and no one mined at a loss there would be no BTC value today.

When you can’t figure out why anyone would lose money on mining RVN at home do yourself a favor:
1) go to Coin Market Cap
2) in the top left drop down select “cryptocurrencies” and select “filter non-mineable”
3) click on “Volume (24h)” and sort in descending order: RVN is a top 20 coin NOW
4) consider that in 3 more years its market cap will be 3 times higher by the simple fact that there will be 10 billion RVN in circulation

RVN is trading today at $0.013 USD. It has well over $1 Million per day in trade volume (which is way more than about 40 coins on the top 100 coin list). It could EASILY get to $0.10 in the next 3 years, but ONLY IF it has a strong network and community.

I want $0.10 to happen. It needs everyone’s help to get there, and every hash helps.

We mine because we are Ravencoin.

But William, this is exactly what I am saying: do you belong in certain way to kind of "central authority" inside RVN? You are recognizing that you mine on loss. I have detected this behaviour before on this coin. Could you tell us why? It doesnt make sense to mine on losses.

[williamgrahamiv]

I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. I’m underwater by 74%, but that is not the point.

Sure, I’ve lost “real” money in RVN already, and I may lose it all, but I don’t care. I’m willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.

If everyone trades, or mines and dumps, we all lose.

I guess I’m just a real HODLER.

[Dig Bicks]

I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. I’m underwater by 74%, but that is not the point.

Sure, I’ve lost “real” money in RVN already, and I may lose it all, but I don’t care. I’m willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.

If everyone trades, or mines and dumps, we all lose.

I guess I’m just a real HODLER.

HAH what a fucking idiot, don't delude yourself, this shitcoin is not comparable to bitcoin at all.  This is just a shitcoin created to make some fast money.   So your just gonna sit there and hold a worthless piece of shit while smart people dump on your ass.

[williamgrahamiv]

I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. I’m underwater by 74%, but that is not the point.

Sure, I’ve lost “real” money in RVN already, and I may lose it all, but I don’t care. I’m willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.

If everyone trades, or mines and dumps, we all lose.

I guess I’m just a real HODLER.

HAH what a fucking idiot, don't delude yourself, this shitcoin is not comparable to bitcoin at all.  This is just a shitcoin created to make some fast money.   So your just gonna sit there and hold a worthless piece of shit while smart people dump on your ass.

That’s fine. It’s what people said about BTC, and ETH, and DOGE. POW coins with real community make money. Please don’t misunderstand me. I’m not saying RVN is in any way going to usurp BTC’s crown. RVN doesn’t have to to be valuable now to be worth building. For example I see no value in LTC, but is has a strong community, is a POW coin and has a top 5 market cap. If RVN does 10% as well then I hope all the smart people dump on my ass.

[leonjbr]

I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. I’m underwater by 74%, but that is not the point.

Sure, I’ve lost “real” money in RVN already, and I may lose it all, but I don’t care. I’m willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.

If everyone trades, or mines and dumps, we all lose.

I guess I’m just a real HODLER.

Aha, so this is very interesting.Your approach is to invest via minig, because in this way you give RVN a chance to survive this super-bear market and succeed so you will get your profits in the future.
Nice point.

[Karlitosss]

I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. I’m underwater by 74%, but that is not the point.

Sure, I’ve lost “real” money in RVN already, and I may lose it all, but I don’t care. I’m willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.

If everyone trades, or mines and dumps, we all lose.

I guess I’m just a real HODLER.

I would send you merit but I can't because I have no points.

I have the same thinking of you. I really like this project and my rig will not be turned off, I have 17 cards mining RVN and I will mine it even at full loss.

Like you said, RVN is a hobby. I don't live on mining. I have mined a lot since the begginning, bought on several occasions too. I never sent any RVN outside of creating assets and donating to the developpers.

[juhakall]

RVN really seems to be the best coin to mine right now. It's been on top of the profitability lists for a long time. What's been a better option, really? For people who don't want to switch the mined coin all the time?

[williamgrahamiv]

Aha, so this is very interesting.Your approach is to invest via minig, because in this way you give RVN a chance to survive this super-bear market and succeed so you will get your profits in the future.
Nice point.

[/quote]

Correct. I would rather help the coin to live now and be rewarded later, than to make a little money now and nothing later.

I should also say that I am philosophically aligned with helping Security Tokens become a real, regulated financial asset. I think RVN has an actual chance of doing just that. That does not mean it is likely, only that it is possible. I would much rather bet on the unlikely that has a small chance of huge gains instead of the probable that has a large chance of small gains.

For more information consider reading _The Black Swan_ by Nassim Taleb.

[RobbK]

I mine RVN and trade them on the exchange for Doge coins. When it gets to the point my air conditioning comes on, then summer of 2019 will be offline on mining.

[cryptobengal]

I mine at a loss because I can. RVN is a hobby. I have a real job so I can afford to wait. I mined BTC for over a year at a loss in 2013. I waited. I am happy I did. I do not belong to any group. I do not take orders from any devs/miners. I mine on home PCs with decent graphics cards. If RVN collapses I can still play video games in 4K with my kids. I recognized that RVN has potential huge upside with very little downside. I bought a bag when it was over 5 cents on Cryptobridge because my hash rate is really low. I’m underwater by 74%, but that is not the point.

Sure, I’ve lost “real” money in RVN already, and I may lose it all, but I don’t care. I’m willing to risk loosing everything now (not much) for potential gain of loads more later, but to have a chance requires supporting the network now.

If everyone trades, or mines and dumps, we all lose.

I guess I’m just a real HODLER.

I would send you merit but I can't because I have no points.

I have the same thinking of you. I really like this project and my rig will not be turned off, I have 17 cards mining RVN and I will mine it even at full loss.

Like you said, RVN is a hobby. I don't live on mining. I have mined a lot since the begginning, bought on several occasions too. I never sent any RVN outside of creating assets and donating to the developpers.

True that Kaaww KAwwww