Hello, is it still possible to mine Raven with gtx 1060 with only 3gb of memory?
It was possible in the past... but I am not familiar with this coin, which I believe recently had a new fork.
Cheers.
On a pool, yes. If you mean solo mining you may never find a block. I'd look into the profitability of doing so though. It depends on your electricity rates.
The whole “profitability” thing isn’t a straight up yes or no question. It is a timeframe question. Even if short term it isn’t profitable to mine, it _could_ be in the long term if you HODL. Plus mining even when it isn’t immediately profitable grows the network, which increases the future value of RVN.
Don’t believe me? Just ask anyone who “unprofitably” mined BTC when it was at $1000.
Lol that goes without saying. But would I rather mine RVN that cost me 10 cents each, or just buy some for 5? From a personal selfish standpoint, if your electricity rates are high, just go buy RVN.
The new discord seems to have most people that added a lot to the community in the old cencored one. For uncensored chat, we'll see you in:
https://discord.gg/Va496V. No bans, just a time-out room if you get a little rowdy or post someone's dox.
Thank you everyone for the answers.
It seems that at current difficulty, price and my cost of electricity for 5 gtx 1060, it would be barely profitable to mine. like 70 cents a day.
Although it is a minimal margin which can change any time and go against me, it is not that producing 1 raven will cost the double than just buying right away.
As someone said, you mine and "invest" or hope fr the best, which may never happens. LOL.
If the electricity bill is not a major issues like in the case of 5 gtx1060, which are very energy efficient, it may be worth just doing it.
