Topic: Raven halving is coming in a few days, what about mining profitability? - page 2. (Read 359 times)
January 07, 2022, 05:55:13 PM
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
January 07, 2022, 04:29:37 PM
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 RavenToday I can mine with them more or less profitable but I'm wondering what will happen after the halving
January 07, 2022, 11:35:08 AM
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 RavenToday I can mine with them more or less profitable but I'm wondering what will happen after the halving
January 07, 2022, 11:29:57 AM
Most pow coins rise very fast and high before the halving and then crash a bit after the halving and keeps following the market in general, in my view profitability will stay the same relative to where the cryptomarket is going, meaning if bitcoin keeps crashing then everything will keep crashing, however that does not apply to ravencoin at moment because speculation on it is high, so I would expect it to keep going up till the halving and after that is unknown territory yet, I say it will crash a little depending how much it will rise prior the halving which I believe it will rise significantly. I have millions of ravecoins and I'm not planning to sell it yet, if ravecoin gets higher than 50 cents then yeah I'm willing to sell, if not, holding it for now. Is it possible to reach 50 cents or higher now, yeah, everything is possible, even higher.
Even if ravecoin does not rise to 50 cents now then it has a higher chance to rise on the last bulltrap before hehell that will happen in a month or so, bitcoin is bleeding now and will keep till manipulators create that last bulltrap that sheeps think that bitcoin will go to 100k and buy it all then manipulators will crash btc to hehell.
Even if ravecoin does not rise to 50 cents now then it has a higher chance to rise on the last bulltrap before hehell that will happen in a month or so, bitcoin is bleeding now and will keep till manipulators create that last bulltrap that sheeps think that bitcoin will go to 100k and buy it all then manipulators will crash btc to hehell.
Thanks for you quick reply
So despite of the half of the coins will miners get after the halving it still will be profitable for the miners
That's good news
I thought if miners will only get half of the coins every time this will cause that they will only be able to sell also half of the coins than before so they will get only half of the income they used to before the halving
So if supply (new coins mined) decrease and the demand remains the same it can move price up theoretically
January 07, 2022, 11:20:47 AM
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
January 07, 2022, 11:08:28 AM
Most pow coins rise very fast and high before the halving and then crash a bit after the halving and keeps following the market in general, in my view profitability will stay the same relative to where the cryptomarket is going, meaning if bitcoin keeps crashing then everything will keep crashing, however that does not apply to ravencoin at moment because speculation on it is high, so I would expect it to keep going up till the halving and after that is unknown territory yet, I say it will crash a little depending how much it will rise prior the halving which I believe it will rise significantly. I have millions of ravecoins and I'm not planning to sell it yet, if ravecoin gets higher than 50 cents then yeah I'm willing to sell, if not, holding it for now. Is it possible to reach 50 cents or higher now, yeah, everything is possible, even higher.
Even if ravecoin does not rise to 50 cents now then it has a higher chance to rise on the last bulltrap before hehell that will happen in a month or so, bitcoin is bleeding now and will keep till manipulators create that last bulltrap that sheeps think that bitcoin will go to 100k and buy it all then manipulators will crash btc to hehell.
Even if ravecoin does not rise to 50 cents now then it has a higher chance to rise on the last bulltrap before hehell that will happen in a month or so, bitcoin is bleeding now and will keep till manipulators create that last bulltrap that sheeps think that bitcoin will go to 100k and buy it all then manipulators will crash btc to hehell.
January 07, 2022, 11:05:26 AM
Well supply of newly mined coins will be 1/2 what it currently is.
As for the effect on price....who knows....up down sideways.....such is the life of a miner.
As for the effect on price....who knows....up down sideways.....such is the life of a miner.
January 07, 2022, 10:52:21 AM
Hi guys
Raven coin halving is around the corner and I’m wondering how it will affect the profitability of mining the coin?
If I understand well, we’ll get half of the coins after the halving so miners will have the half of the income if every other condition remains the same.
I know that the halving will affect the price of the coin and hopefully it will go up but will that be enough to let us mine with a profit after that?
Thanks for your thoughts
Raven coin halving is around the corner and I’m wondering how it will affect the profitability of mining the coin?
If I understand well, we’ll get half of the coins after the halving so miners will have the half of the income if every other condition remains the same.
I know that the halving will affect the price of the coin and hopefully it will go up but will that be enough to let us mine with a profit after that?
Thanks for your thoughts
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