Ravencoin (RVN) is an open-source, peer-to-peer blockchain designed for efficient creation, transfer, and management of asset tokens. Focused on decentralization and fair distribution, RVN has no ICO, pre-mine, or masternodes—making it a community-driven project ideal for GPU mining.
Ravencoin (RVN) Overview
Key Features:
- Algorithm: KawPow (ASIC-resistant)
- Block Time: 1 minute
- Block Reward: 5,000 RVN
- Total Supply: 21 billion RVN
- Halving Schedule: Every ~4 years
Decentralization Principles:
- No founder rewards or corporate control.
- Adaptive to algorithm changes if ASICs threaten fairness.
Step 1: Set Up an RVN Wallet
Before mining, secure a wallet to store your RVN. Options include:
- Official Wallet: Download from Ravencoin.org
- Web Wallets: PocketRaven
- Exchange Wallets: Binance, OKX, or Huobi (ensure compatibility).
👉 Compare wallets for security and convenience
Step 2: Choose Mining Software
Select a miner compatible with your hardware:
| Software | GPU Support | OS Compatibility |
|---|---|---|
| SRBMiner-Multi | AMD/NVIDIA | Win/Linux |
| T-Rex | NVIDIA | Win/Linux |
| Team Red Miner | AMD | Win/Linux |
Tip: Use guided setup files for quick configuration.
Step 3: Configure Mining Pool
Join a pool like HeroMiners for consistent payouts. Edit the batch file with:
- Pool Address:
stratum+tcp://de.ravencoin.herominers.com:1140 - Wallet Address: YOUR_RVN_ADDRESS
- Worker Name: Custom ID (optional).
Example Configuration (SRBMiner):
SRBMiner-MULTI.exe --algorithm kawpow --pool de.ravencoin.herominers.com:1140 --wallet YOUR_ADDRESS --password WORKER_NAMEStep 4: Start Mining
Launch the batch file as administrator. Monitor performance via:
- Hashrate: Use miner’s real-time stats.
- Temperature: Keep GPUs below 80°C for longevity.
👉 Optimize GPU settings for higher efficiency
Frequently Asked Questions (FAQ)
1. Can I mine RVN with a CPU?
No—KawPow is GPU-optimized. CPU mining is inefficient for RVN.
2. How often are RVN rewards distributed?
Pools typically pay out every 1-4 hours, depending on minimum thresholds.
3. What’s the profitability of RVN mining?
Use calculators like WhatToMine to estimate earnings based on hardware and electricity costs.
4. Is Ravencoin eco-friendly?
KawPow’s energy use is higher than Proof-of-Stake but remains ASIC-resistant to promote fairness.
5. How do I troubleshoot high reject rates?
Check pool latency, overclock stability, or switch to a closer server.
Final Tips
- Join Communities: Ravencoin’s Discord and Reddit for updates.
- Secure Earnings: Transfer RVN to cold storage periodically.
Happy mining! 🚀