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Topic: Raven halving is coming in a few days, what about mining profitability? (Read 359 times)

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
Bitcoin is going up again, I guess that is the start of the last bulltrap, this is the last time to sell high before fully fledged bear market. There is no hope, will sell my last 20% eth on this last bulltrap, it will probably get around 3 to 3.5k maximum, ravecoin the same thing, if it gets to at least around 14 cents then is a good price to sell, if less than 10 cents then dont even bother.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
Interesting
After the halving the profitability decreased by 25%
Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
If you are looking at profitability in fiat value, then it's quite self-explanatory. Bear market is already taking effect and in the coming days/weeks/months. Mining most alts will not yield any nice profit to keep you running.

It's the period of time when one has to be ready to mine and wait for 2-3 years for a bull run to be able to sell off the stash at good price.

I’m looking at profitably in BTC because NiceHash gives the profit in BTC regardless the coin you mine
I know that all the cryptos has fallen now but l can wait for better times
So I only compare the profitability for RVN in BTC and it has decreased radically since the halving has been done
This could be the reason why NiceHash has switched to ZHASH since then because they also calculate in BTC
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
You bet?  Cheesy

I am more than confident the bear market already started. For this Bull run, the all-time high was 68K in Nov last year. The funny thing about bear markets is that you don't realize that they are on until it's too late  Wink

hehe I'm betting on that last bulltrap, is a lot of money already hehe, if there is no last bulltrap then yeah at loss on that bet hehe, well anyway, 70% of my money is in usdc ehhe so i'm good, 20% on eth and 10% on rvn and other coins.
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Interesting
After the halving the profitability decreased by 25%
Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
If you are looking at profitability in fiat value, then it's quite self-explanatory. Bear market is already taking effect and in the coming days/weeks/months. Mining most alts will not yield any nice profit to keep you running.

It's the period of time when one has to be ready to mine and wait for 2-3 years for a bull run to be able to sell off the stash at good price.

... but I still believe there will still be a last bulltrap.
You bet?  Cheesy

I am more than confident the bear market already started. For this Bull run, the all-time high was 68K in Nov last year. The funny thing about bear markets is that you don't realize that they are on until it's too late  Wink
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
Interesting
After the halving the profitability decreased by 25%
Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
I’ll have a look at it tomorrow but interesting
I don’t know yet if Raven decreased or ZHASH increased, so which is the real reason

With btc going down, nothing can help at moment anything, so expect prices to crash even more, i have millions of rvn and not selling even knowing this can crash more and more, I know was kind sad rvn halving was obfuscated by btc going down but it could not be helped, bear time is very close now but I still believe there will still be a last bulltrap.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
Interesting
After the halving the profitability decreased by 25%
Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
I’ll have a look at it tomorrow but interesting
I don’t know yet if Raven decreased or ZHASH increased, so which is the real reason
hero member
Activity: 1442
Merit: 629
Vires in Numeris
So halving is complete
I still mine raven but at the time of the halving there was some messing with Zhash algorithm in the NiceHash app but now it’s raven again
I will have a close eye on the profitability in the coming days
We’ll see Smiley
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
I prefer Ethereum classic mining, because GPUs get hotter when mining Raven coins.
It seems to me that this coin has already peaked at 23 cents this year and we will not see any new highs this year. You need to have a lot of patience not to sell this coin.

The high was $0.29.2, I sold at 0.2889 and then bought back much much lower, impossible mission to hit $0.29 again for now but $0.19 is very possible.
legendary
Activity: 1876
Merit: 1138
https://www.nicehash.com/countdown/rvn-halving-2022-01-10-12-00
Any decrease in profit on one of the popular algorithms will cause a decrease in profit when mining other coins. If mining Raven coin becomes less profitable, then miners will mine other coins.

one hour to go, price is not good at all, no point selling, better keep it for now, btc and eth still good price to sell, rvn terrible.
I prefer Ethereum classic mining, because GPUs get hotter when mining Raven coins.
It seems to me that this coin has already peaked at 23 cents this year and we will not see any new highs this year. You need to have a lot of patience not to sell this coin.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
I believe if btc price stays the way it is for now then rvn price will keep rising to at least $0.19 in a month or so.
member
Activity: 285
Merit: 11
$CYBERCASH METAVERSE
It's over boys the only way forward is mine ravencoin and hold for next bull season sake, don't expect too much from alt halving because they don't drive the market like bitcoin  Grin
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Halving is done, good day, now lets hope price will increase.
Next bull run, maybe  Grin
As I don't think ravencoin can do it alone, it has to wait for the Big boys (Bitcoin and Ethereum) to spike higher again

Right now, the market is starting to suffer from the hangover effects of the previous bull run, so it will be awhile.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
https://rvnblockexplorer.com/blocks

At the moment block 2099994, halving at 2100000, so very close now, few minutes.

Every minute is a new block, so 6 blocks left to halving.

The issue here is while price is the same, profitability will crash very hard, so if you are a miner then switch to something else, rvn profitability will crash 50% and then many will leave it and then will stabilize till the mean price for it is found.

8.97 Th/s, I wonder how much will be in few minutes ehhe, there is the profit switch.

https://www.youtube.com/watch?v=KUcETF8USMA

Halving is done, good day, now lets hope price will increase.
member
Activity: 1558
Merit: 69
For most graphic cards it doesn't matter, most cards are profitable on ETH mining and few like Rx Vega 56 and 64 are profitable for ergo mining, the 3070ti are good for ravencoin and TON coin so there you have it, all this depends on the cards you own

Yes it doesn´t matter to any GPU, but it does matter to the miner?  Roll Eyes and not all guys follow the mainstream.

The profibility change every 1 and RVN is the most profitable coin on some GPU´s.

Quote from: MCcryptonia link=topic=5380328.msg58926959#msg58926959 date=!1641572447
For most graphic cards it doesn't matter, most cards are profitable on ETH mining and few like Rx Vega 56 and 64 are profitable for ergo mining, the 3070ti are good for ravencoin and TON coin so there you have it, all this depends on the cards you own
The question is interesting for me because l have a few older cards like 1050Ti and they can only mine Raven
Today I can mine with them more or less profitable but I'm wondering what will happen after the halving


You can mine also ERG, Flux, ETC with your 1050ti for example.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
https://www.nicehash.com/countdown/rvn-halving-2022-01-10-12-00
Any decrease in profit on one of the popular algorithms will cause a decrease in profit when mining other coins. If mining Raven coin becomes less profitable, then miners will mine other coins.

one hour to go, price is not good at all, no point selling, better keep it for now, btc and eth still good price to sell, rvn terrible.
legendary
Activity: 1876
Merit: 1138
https://www.nicehash.com/countdown/rvn-halving-2022-01-10-12-00
Any decrease in profit on one of the popular algorithms will cause a decrease in profit when mining other coins. If mining Raven coin becomes less profitable, then miners will mine other coins.
newbie
Activity: 22
Merit: 2
Don't care; mining Ergo. :3
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
It's difficult for rvn to go up with all this turmoil, this was the worse case scenario for rvn halving, if rvn halving was around last year then it would have risen a lot, with the speculation that bear market is coming everything is bad at moment. Let's hope for the best, rvn needs it, after eth is done, rvn will be one of the coins to mine.
member
Activity: 448
Merit: 18
If profitability will remain the same ravencoin needs to add more value that's all, probably double of its old price per coin, I just hope that the halving will have a stable impact on price cos most coins that halve always lose value after the halving period is over
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
Don't expect too much from this ravencoin halving, there will be few percentage increment in value but that's it, take advantage of this high price and wait for dips cos few days after the halving is complete there will be massive correction, we've seen this happened few times before ravencoin isn't BTC

Let's see how it goes, I have high hopes for it starting this weekend.
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