Pages:
Author

Topic: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN) - page 24. (Read 1170613 times)

hero member
Activity: 824
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!

63.3 % of Known Hashrate. Or ~33% of Net hashrate. Total Net hashrate 11 TH. Smiley

There is a large FPGA farm on F2Pool. Jmining, who has mined over 6 millon RVN and has sold 0 coins. I think Jmining has about 1.5 TH of the volume. Doesn't seem to be a problem at all.
I'm more afraid that the x16rv2 algorithm can be rented on Nicehash. Now there is 1.5 TH, but when the rental price increases there will be several times more. This is a real danger to the network, allowing a 51 percent attack.
sr. member
Activity: 1092
Merit: 273
What Ravencoin team thinks about creating of faucet? I'm a specialist in creating uncommon interesting faucets.  IN past I had various for XLR coin, I dont say it's thanks to me but XLR coin has grown a lot that epoch. 
I would do it for some small reward (bounty)
legendary
Activity: 3164
Merit: 1003
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!!

63.3 % of Known Hashrate. Or ~33% of Net hashrate. Total Net hashrate 11 TH. Smiley





EDIT: In other words...F2POOL has 3Th of 9Th net hashrate. So there's no problem.
legendary
Activity: 2254
Merit: 1140
I'm sorry, but I've been out of the loop for a bit.   Are there any RVN protocol asset exchanges?  I am aware of the 51% issue currently going on, but have there been any changes in terms of usability?
member
Activity: 345
Merit: 16
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!

63.3 % of Known Hashrate. Or ~33% of Net hashrate. Total Net hashrate 11 TH. Smiley

There is a large FPGA farm on F2Pool. Jmining, who has mined over 6 millon RVN and has sold 0 coins. I think Jmining has about 1.5 TH of the volume. Doesn't seem to be a problem at all.
legendary
Activity: 3164
Merit: 1003
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!!

63.3 % of Known Hashrate. Or ~33% of Net hashrate. Total Net hashrate 11 TH. Smiley


sr. member
Activity: 1092
Merit: 273
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!!

Wtire PM to pool admin to set pool fee 10%,  I hope he is honest and understands the problem
member
Activity: 345
Merit: 16
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!

Clam down Francis,
The total hash rate is 8.77 Ths and F2 has 3.37Ths or 38%.
So  - yeah spread the hash but it's not a OMG LOOK WHAT"S HAPPENING moment.
jr. member
Activity: 83
Merit: 1
SPREAD THE HASHRATE. GETTING EVER CLOSER TO 51% ON F2POOL. LET'S NOT DESTROY A VERY GOOD PROJECT!!!
newbie
Activity: 22
Merit: 0
Don’t forget games.
Lots less regulation than securities and lots more fun.
It’s also a multi billion dollar market for in-game digital assets.
Tokenizing them will allow devs to cooperate with other game devs to build interesting ecosystems and economic models, cross platform.
newbie
Activity: 22
Merit: 0
Forks are a normal phenomenon in the cryptocurrency industry. One of the latest networks set to undergo a fork is Ravencoin.

Ravencoin is a network conceived for asset tokenization, and that was born with the mindset that mining efforts should be as decentralized as possible.

Designed to be ASIC-resistant, Ravencoin’s algorithm X16R rotates through a series of algorithms to mine blocks making it relatively hard for ASICs to be developed.

However, with the popularity of X16R, it looks like developers were able to create ASICs for the Ravencoin algorithm.


The original Ravencoin whitepaper stated that one of the primary aims of the Ravencoin project was to prevent future dominance by ASIC mining equipment. On July 14th, the user standarderror posted a detailed analysis presenting proof of centralization of hashpower on the Ravencoin network.

It seems like a single miner appeared to have gathered an enormous quantity of RVN and sold it in bulk quantities, while mining as much as 45% of all Ravencoin blocks in July.

This situation prompted developers to build a new version of the X16R algorithm, which should keep the network away from ASICs.

The improved version of X16R is set to be activated on October 1st. As Ravencoin users update their software to 2.5.1, there will also be a share of users that will stay on the old chain with the old X16R mining algorithm.

There is already a small group of people that seem to have planned to maintain the original blockchain. If these miners continue mining on the old chain, this would create a Ravencoin fork alternative, dubbed “Ravencoin Classic”.

Binance, the popular exchange platform that listed RVN in 2018, has announced support for the upgrade, handling all the technical requirements for users on the exchange. The exchange will suspend deposits and withdrawals of RVN during the transition, resuming activity once the upgraded network is stable.

According to a blog post from the developing team, there might be a spike in profitability for GPU miners at the start, as the network hash rate can be erratic at the start. Those interested in mining and upgrading to the new algorithm can check out the “Definitive Guide” provided on the blog.

Despite the bearish market for altcoins, the RVN fork updates brought prices higher against both BTC and USD.

Ravencoin is not the first project to upgrade the network in order to restrict ASICs. In the cryptocurrency community, many feel like ASIC-resistance is a futile effort, since hardware developers will always try and create optimized devices – especially for profitable network coins. It remains to be seen, whether Ravencoin will be able to upgrade successfully and keep an ASIC-resistant environment for a longer period.
newbie
Activity: 13
Merit: 0
Hi) help sync raven core wallet
You can somehow do it faster. When you first turn on the wallet, the synchronization is written to end in 1.5 years (
sorry for google translit)
sr. member
Activity: 686
Merit: 320
I don't see any difference in payout the amount still the same, unlike last year that you can get more rewards compared today. I believe there are many FPGA and ASIC mining RVN with new Algo. Since it is just a program anything from a program can make a new way to mine those coins.
The price of crypto rarely has anything at all to do with things like hashrate etc.

It's clear though that you need to go educate yourself on what an ASIC is. It's already known that ASICs "could" still mine a very limited number of blocks if they wanted to. I think the percentage was something like 3.5%. The only way they could still be mining all of them, is if when designing the chip(s), they made some educated guesses as to what the devs might change in the algorithm and they built configurable options into them. I know I certainly would have. However, Tiger is a much more difficult and expensive algorithm to implement and so it's more likely they wouldn't have added that one in. On top of that, having it in front of three existing ones is also not something someone would easily come up with as a potential option. So the likelihood there are ASICs out there that can still mine all block is pretty damn low.

FPGAs are a different story as they can be reprogrammed. But, depending on how they designed the hardware and what the overall tech specs are of it, they may actually need to redesign them to be able to handle Tiger. Regardless, they'll be back sooner rather than later.
jr. member
Activity: 83
Merit: 1
It is so hard to mine raven now ... i bet there are TONs of ASICs mining x16rv2 ... The algo change was pointless ... or that was the plan.

Did you see the evolution of difficulty and hasrate? Where are all those asics that are still on the network when hashrate went from 30TH to 8TH?
jr. member
Activity: 397
Merit: 9
It is so hard to mine raven now ... i bet there are TONs of ASICs mining x16rv2 ... The algo change was pointless ... or that was the plan.
legendary
Activity: 1638
Merit: 1046
Lol... difficulty is not the same, 100k vs 300 k. Hashrate is about 8-9 TH vs 24. FPGAs were not the target, more the asics were and you can clearly see the difference.

Difference in payout from mining is huge for a gpu rig now vs before.

Only issue i see is that people went with their hash on f2pool for the most of it 30-40% almost and that could raise some risks if it goes over 50.
Where did you get the 300k difficulty?

Are you comparing the difficulty shows this last month?

FPGA and ASIC is already mining since January like the FPGA community already tell us since march that they are mining RVN with FPGA.

I don't see any difference in payout the amount still the same, unlike last year that you can get more rewards compared today. I believe there are many FPGA and ASIC mining RVN with new Algo. Since it is just a program anything from a program can make a new way to mine those coins.
sr. member
Activity: 1092
Merit: 273
Lol... difficulty is not the same, 100k vs 300 k. Hashrate is about 8-9 TH vs 24. FPGAs were not the target, more the asics were and you can clearly see the difference.

Difference in payout from mining is huge for a gpu rig now vs before.

Only issue i see is that people went with their hash on f2pool for the most of it 30-40% almost and that could raise some risks if it goes over 50.

COMPARING EARNINGS IN JUNE ITS ABOUT 60% NOW. WAS EXPECTING MUCH BETTER RESULT AS DIFFICULTY IS LESS.. HOW DO YOU SEE IT NOW MR. AISMEN?


Don't understand the shouting (CAPS) but ok.

If you could look at the hashrate spread in June vs now, you would see that no pool had 30-40% of hashrate. Probably payout will be better on f2pool but i do not want to move to that pool since it has most of the hasrate. Yes payout is now lower for me since i'm still on suprnova and i guess alot of the people are going to f2pool, creating a centralized situation with high risk of attack.

Try to understand mining a bit better and how it works and you will see why you are not getting a low payout if you're not on f2pool (and i'd suggest not to move there).

not only risk of attack, it's a risk of chain split too. Would be horrible if it happens at night while you can control it. I think f2pool should put a message to make some miners go out, or increase fee. If something bad happens it can have bad impact on the coin
jr. member
Activity: 83
Merit: 1
Lol... difficulty is not the same, 100k vs 300 k. Hashrate is about 8-9 TH vs 24. FPGAs were not the target, more the asics were and you can clearly see the difference.

Difference in payout from mining is huge for a gpu rig now vs before.

Only issue i see is that people went with their hash on f2pool for the most of it 30-40% almost and that could raise some risks if it goes over 50.

COMPARING EARNINGS IN JUNE ITS ABOUT 60% NOW. WAS EXPECTING MUCH BETTER RESULT AS DIFFICULTY IS LESS.. HOW DO YOU SEE IT NOW MR. AISMEN?


Don't understand the shouting (CAPS) but ok.

If you could look at the hashrate spread in June vs now, you would see that no pool had 30-40% of hashrate. Probably payout will be better on f2pool but i do not want to move to that pool since it has most of the hasrate. Yes payout is now lower for me since i'm still on suprnova and i guess alot of the people are going to f2pool, creating a centralized situation with high risk of attack.

Try to understand mining a bit better and how it works and you will see why you are not getting a low payout if you're not on f2pool (and i'd suggest not to move there).
newbie
Activity: 107
Merit: 0
Hey miners! Good
iece Good news for you! 💡

Whitefire990's latest X16 bitstream for CVP13 has been released with related updates! 🔥
Adding Cubehash partial bitstreams (401/576 partials are now available)
X16S support for Pigeoncoin and X16RT for Gincoin
The possibility of mining 25% of the blocks
PC has a 16 hour limit and no development fee
24 hour average hash rate of 50MH / s
"Note" ⚡️
X16Rv2 is expected in 2-3 days! ⚡️

https://guide.us13.list-manage.com/track/click?u=a7b9dc9a9af591ff39e31833c&id=6272f4bf67&e=1cb45a70f5
sr. member
Activity: 686
Merit: 320
price still shit tho lol

Just like you - a real piece of shit.

lmao, we have a winner here folks.
You remind me soooooooo much of good ol BobSurplus who I notice seems to have disappeared.
Pages:
Jump to: