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Topic: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN) - page 120. (Read 1170617 times)

newbie
Activity: 15
Merit: 0
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 I purchased and withdrawn 90K RVN last night and coins still not in my wallet.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.
hero member
Activity: 1890
Merit: 824
Defend Bitcoin and its PoW: bitcoincleanup.com
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.
member
Activity: 434
Merit: 19
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)
newbie
Activity: 21
Merit: 0
I have gti 1070 gpu
How much would be per day mine worth?


should be able to get 0.9USD / 65 Coins per day
member
Activity: 140
Merit: 10
How to add / request coin on tradingview? We sould definately spread the word and involve new channels.
member
Activity: 140
Merit: 10
I have gti 1070 gpu
How much would be per day mine worth?


I would say around 0.7 USD
newbie
Activity: 26
Merit: 10
I have gti 1070 gpu
How much would be per day mine worth?
full member
Activity: 1288
Merit: 102
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.
member
Activity: 140
Merit: 10
Hey community, whats up with the coin? Hash skyrocket and price constantly decreasing and volumes more or less the same.
member
Activity: 434
Merit: 19
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.
jr. member
Activity: 50
Merit: 1
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.
jr. member
Activity: 35
Merit: 1
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
newbie
Activity: 58
Merit: 0
What's the news on this coin?
newbie
Activity: 84
Merit: 0
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
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
when cryptopia.co.nz/ 

If these guys still have the same policy of paying them a fortune in order to list a coin, then probably never.
Raven didn't have a premine or an ICO, so the devs don't have a bunch of money to give for exchange listing.
Maybe if they've changed their policy into a less greedy one and review decentralized coins without premine/ICO and lists them for free, then we can hope to see Raven there. It has some good trading volume in crypto-bridge so it should look attractive to exchanges, since they get fees for every trade.
newbie
Activity: 30
Merit: 0
newbie
Activity: 18
Merit: 0
hero member
Activity: 868
Merit: 1000
as somebody that has mined this coin from the cpu days, i have to say the future is bleak for this coin. it hurts to say that, because bruce fenton gave everybody such high hopes for this project. YES patrick byrne mined this coin (if you think he doesnt have a 1000gpu farm, youre confused) that doesnt inherently mean he invested any fiat. with a daily inflation of about 7 million coins, his inital mine of 60 million really isnt much. also, the chain is supposed to secure assets. bruce claimed securities will be transfared on this chain, and that people will be able to use the platform to create them. WAVES has its mainnet up, POLY has a working product, there are some other projects out there as well. the reason i bring up polymath is PATRICK BYRNE, OSTOCK, AND BRUCE FENTON ARE ADVISORS FOR POLYMATH. polymath is also secured by the ethereum network with is magnitudes stronger than rvn. if you think the development of the coin has the miners in mind, again, youre confused. these big money dudes are investing in all projects (bruce fenton campaigned to be an EOS block producer - YES that shitcoin) THESE PEOPLE JUST WANT MONEY, THEY ARE GOING TO LEAVE YOU WITH BAGS. i sold out reasonably well, i just dont want others to jump into a coin with no future. no future? yes, because no major company will secure their assets on a chain worth less than their company. on the other side of the tracks, if you have many small businesses that are tokenized on the chain, but the chain is worth less than the valuation of the companies. you have a  problem. anybody can goto nicehash(when they get more hash) and 51% a weak chain like rvn if there is an incentive. i just told you why they would be incentivized.

Lol you aren't the brightest are ya? Your argument basically amounts to: Ravencoin will have to drastically increase in value for it to be useful for its intended purpose. Gee, what a truly awful prospect that is as an investor Roll Eyes

Also the fact that you appear to think a project being built on and dependent on the increasingly bloated and congested Ethereum blockchain is strictly a positive thing is somewhat telling.

But your statements about people just wanting to make money are probably true- because that is probably true for 99%+ of people in this space.
newbie
Activity: 19
Merit: 1
Hey @everyone

In preparation for the testnet launch of the Asset layer on July 30th,

A TestNet Faucet is now available at
https://testnet.ravencoin.network

This is to facilitate easy experimentation with the asset functionality of Ravencoin

Enter you TestNet Wallet address and click submit to recieve 550 testnet RVN!
You can withdraw up to 5500 testnet RVN per address, and consider sending back
any testnet RVN you don't need to the faucet wallet at mgYNdKcdkC5JqDsWxxrcjCGzTTkr6X3isN
so that as many people as possible can test out asset creation and transference.

To run your current wallet in testnet mode:
Create a shortcut to your raven-qt.exe with this in the target field:

Code:
"C:\Users\\Path\to\executable\raven-qt.exe" -testnet

Don't worry, this wont mess with your regular raven wallet, just make sure they aren't both running at the same time.
If you are overly cautious consider running your testnet wallet on a different computer.

Again if you appreciate the work that I do, donations in real raven are always appreciated: RD7yadeCvSDs4fCbEPuHstU3GHbiS7ao9q
jr. member
Activity: 50
Merit: 1
For those who may not be aware, we now have a declaration memo that was written by a couple of lawyers in the community, which can be supplied to exchanges that request such a document.  There is a wiki page with a link to the doc, which you can find here: https://raven.wiki/wiki/Legal_discussion
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