Topic: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN) - page 56. (Read 1170613 times)

Provides no factual information? Primary sources are actually listed as factual information. If someone was at the beach and said it, that makes them a source, not a picture of it. Those are all Primary sources, but maybe you missed that in elementary school. Ironic how 5th grade education can destroy your post.

It has been stated in multiple chinese chats so that would be primary and secondary sources, and GPUHoarder knows about X16R ASICs is a primary person source.

The company that has them or people using them will not state information about them as Tron has stated he will take ASICs offline.

Version 2.2.0 of the Ravencoin QT wallet is now available for download at:

https://github.com/RavenProject/Ravencoin/releases

This update gives the QT wallet a facelift (including a great looking dark mode) as well as a few minor bug fixes.

 

...Once upon a time.. in near Galaxy..humans on Earth mine RVN ..was 2018 dec. .... now 2450 year ..RVN coin up to 0.20 cents.. 

when 10c?
 

This is a pretty ironic statement from you considering this discussion involves a claim by you for which you have provided no factual information.

So i don't get one thing. We're talking about crypto-mining, mining that can be done on GPUs or CPUs (mostly on GPUs).

Currently we're at 4TH and max was about 6TH. A 1080ti kicks out let's say 25MH/s. So that means we have had a maximum of 6.000.000 MH on RVN. Now divide that by 25 and you get 160.000 1080ti's for this coin. Of course not everyone will have only 1080ti's. 1060s cap out at 10MH, 1070s maybe at 14 and so on.

Still back to the 160K 1080ti's (aproximate theoretical calculation), you get let's say 20K miner with 8 1080ti's per miner.

All these number are getting ever lower and closer to what could actually be in the world. I don't think many people are mining on their own GPU or SLI GPUs and even is they are, these numbers i've pushed now are not indicative of ASICs. Don't know about FPGA but 12.000 of those would be enough to fill the network at 6TH.

Now comes the part of total hashpower spread. According to https://ravencoin.network/stats, there is an unknown pool (don't know how this works with the unknown pools) that has 20% oh total hashpower (0.8 TH at the time of writing this, 1.2 at maximim 1,2 TH/s), Suprnova and another pool have 13% each, Beepool has another 9% and so on.

Now going back to splitting the total hashpower, Suprnova has ar this moment a reported hashrate of 2.8 TH spread to almost 15K workers. That is 186MH per worker. Taking into account my own rig and all these numbers, i'm pretty sure that ASICs don't run on this network and honestly i don't really think FPGAs exist also.

I know people will start trying to write-off these calculations. These are estimates, and as long as we don't have a clearer view and clear proof of them existing, i stand by my opinion that these doesn't exist.

P.S.: how much would an ASIC kick out by your own opinions? 1-2-3 GHs? do the math

Is it possible that all these rumors are simply about a possible x16r algorithm for FPGAs?

BitBill 3.3 iOS released, RVN supported.
BitBill is a great wallet with a focus on asset security. It supports lots of coins and MultiSig. Have a try and hope you like it.

   ,..hehe,.. Lambooo where i s that guy with Lambooo..and the high BTC during Christmass... beeen ASIC proof coins doesen't idiot proof.. So the end point of kwakers that believe in bright future is ..constantly saying in XXX coin we trust, mighty coin mooning, ua ua..even the coin digs in mud.   If some coin is affected of one or five writings here in forums..what a fu@#$ing coin is that.

diffic stays high even  with 14 k machines.. they came from space ? or from China  

RVN now is not GPU friendly anymore , so which are others.. same sh%&t situation like ZEC and XMR , pump high then ASICers came and thats the end of life of the coin. Nothing new. Future is stupid trading with small margins ,just for sport.Not for mining.

Dear DEVs  FORK or Die!
 

Not sure about ASICs, but there's FPGA cards doing up to 500 Mh/s on Raven.

Definitely not true again, easily incorrect just looking at Monero as an example. Do you have factual information or are you just guesstimating. If profitability drops on WTM than miners pull away, not ASICs. They are not going to toss a ridiculous amount of ASICs at once and red flag their operation.

I'm not talking about price fluctuation, I'm referring to reduced profitability based on difficulty increase. Every coin with "secret" ASICs sunk on WTM rankings (for GPUs) prior to the ASICs becoming public because their network hash rate increased at a rate decoupled from their market price relative to other coins on WTM. RVN has not done that.

That is not true at all. Simply looking at previous coins that were privately mined before public ASICs were released. Monero even spiked after the announcement of the X3 release, and they had usual dips with the rest of the market.

After rocketing moves, dramatical corections or dumps come later. It's basic truth of crypto market.
Nevertheless, Ravencoin has still been a good coin, and the coin has demonstrated its survival ability during so many bad period of market in the past.
This time might not be a exception, and RVN will surpass well.

It seems this fact, which is definitely true, would run counter to the idea that "secret" ASICs are on the RVN network, as every single algo that eventually got ASICs saw their coins sink on WTM GPU profitability rankings well before the ASICs were made public.

As long as RVN is one of the most profitable to mine on a 1080ti, it seems that ASICs are either an insignificant factor, or in fact do not exist at all.

Haha
And it turns out that Raven has now lost its value from 879 Satoshi to 385 Satoshi.

Maybe I will wait for RAVEN at 200 satoshi while continuing to look at my Computer screen. LOL

Yes because we would know exactly what pool they are mining too out of all the known and unknown pools. You dont believe when RVN pumped to 1000 Sats that it was not worth making an ASIC, as ASICs were supposed to be live before that pump. Its been stated that ASICs have been running since september, and if they ran during that pump and offloaded during the pump then it was definitely worth it.

X16R has been on whattomine top for a long time, and will continue for a while. So yes it is definitely worth mining on ASICs. It was never a question of is it possible, but it was a question of if its worth it, and with the recent pump if they implemented before it they could have made a majority of their initial costs back right away.

It is not a rumor, depending on who you count as reputable sources. There are high followed members that have confirmed ASICs for X16R, and even in Chinese Chats that talk about them and have not lied in the past.

Currently their strategy is 80% hashpower has to vote for ASIC fork, how would that be done? ASICs have huge gains over GPUs. If an ASIC was privately on the Network and it required that vote, then it would not be possible. If ASICs went public it wouldnt be viable either as people want the better equipment and will buy ASICs and counter the votes.

If your belief is that Public = real, and Private = Rumors then you should look at the history of many other coins in the past. They are not instantly released publicly, no they are mined privately until its not worth it, or 2nd gen equipment comes then they offload.

Pretty sure Chatturga asked for things like what pool are they mining to? or anything that would offer some validity to the statement.

It's easy for anyone to go around claiming they have an x16r Asic and are mining with it. The problem is that x16R hasn't been profitable enough for long enough to justify sinking the cost into building an Asic. The only Asics that launched and were believed to be non-existent before had been developed during the boom.

So great that you're trying to spread information, but people aren't going to haphazardly fork the chain against a threat that can't be proven or even properly investigated. I can say I'm glad for that, because even if it was proven there was an asic down the road, reacting before investigating would do more harm than good. Who would trust in a project that panics at the first whisper of a rumor?

How about this, what info is supposedly required for you? I gave you info that it has been talked about in chinese mining chats, same chats that talked about lyra asics months before public info that people said i was lying about. Also that GPUHoarder, who your team could talk to too, has confirmed X16R Asics. What info do you specifically want, because its probably something that is not available or your looking for a website/statement from the users saying they are running them.

Ok, if you say so.  Of course, in your screenshot above I do happen to state that if you have any additional info, I would pass it to the devs, and in discord 19 minutes after your screenshot ends I specifically asked for more info so that your concerns could be investigated. It seems that there is some misrepresentation of what I have said, but I suppose that is par for the course.