As it is already said here only ASIC owners are mining this coin and probably they are making a ton of them daily and it is a gamble for them,they can lose everything in case price stays like this or it goes lower but they can also win big if this coin increases in value.It is a coin for people who want to gamble with their ASICS,mostly GPU miners do not care about this even if this is a X16R algorithm.
Hello there,
I apologize to already answer here as my first post as it should be a presentation post I suppose...
I'm mining RVL with my gpu from time to time and I do it especially because my gpu isn't able to mine anything else: gtx 970.
I was surprised at first that it wouldn't even mine rvn on kawpow (gets an unsupported algo error msg), and it is buggy when mining ubq.
So yeah a few rvl some now and then is good enough for me for this gpu.
As an experimentation I also throwed a 3060 LHR during a full week in solo mode... Well it discovered 2 blocks during this laps of time.
But it's a waste of hash power clearly still as an experimentation it remains interesting.
The problem is that the gpu is LHR so I prefer to use it to mine RVN kawpow at full MH speed
I'm barely reaching a stable 33 MH/s mark on ethash.
Still what's good with those 3060 LHR or not is that you don't care DAG file increase with those 12GB of memory.
https://minerstat.com/hardware/nvidia-rtx-3060-lhr-v2
Thanks for the tip, much appreciated, I'll give it a try.