Ravencoin (RVN) is a Bitcoin fork that enables the issuance of tokens.
Feel free to check out the official website and block explorer to get more familiar with Ravencoin before continuing. You can also find a summary of Ravencoin metrics and other resources on our Ravencoin page.
1. Obtain suitable hardware
✅ Ravencoin can be efficiently mined with GPU mining machines.
❌ Ravencoin cannot be efficiently mined with ASICs or CPU cards.
View our Miners page to discover the most profitable devices for Ravencoin mining.
And don’t forget to check our Mining Hardware Tools page to download the necessary software for setting up your device.
2. Obtain a wallet address
You’ll need to get a wallet address if you don’t have one already. You’ll need a wallet address to receive payouts to mine Ravencoin with f2pool.
We recommend the official wallet. After installing it, click Receive to get your new wallet address.
You can also choose an exchange, such as Binance or OKX. Note: You should always do your own due diligence when choosing a wallet provider or exchange.
3. Sign up for an f2pool account
You’ll need to create an f2pool account before mining Ravencoin. If you don’t have one yet, please click here to register.
Set a username. This will be required for configuration. You are free to create multiple subaccounts to monitor your workers/miners.
4. Obtain mining software
BMiner, NBMiner, and DamoMiner are popular options for mining Ravencoin.
5. Configure mining software
After you have downloaded your chosen mining software, uncompress it, find the start.bat or start.cmd file, right click on it, and click Edit.
Replace the file’s existing commands with the commands from the chart below that correspond to your chosen mining software.
| Software | Commands |
| BMiner | bminer -uri raven://user_name.worker_name@raven.f2pool.com:3636 |
| NBMiner | nbminer -a kawpow -o stratum+tcp://raven.f2pool.com:3636 -u user_name.worker_name |
| DamoMiner | damominer.exe -P stratum+tcp://user_name.worker_name@raven.f2pool.com:3636 -A rvn |
Replace user_name with your f2pool username.
Finally, save the start file and exit. Double-click the start file when you’re ready to start mining.
6. Add payout address
You can add or change your payout address in your Payout Settings. f2pool distributes mining revenues on a daily basis to every user who reaches the payout threshold.
Users can change their RVN payout threshold and select from 5 different preset amounts, 10 / 50 / 100 / 500 / 2000 RVN. The default threshold is 100 RVN.
7. Start mining today!
Your machines are now ready to mine! You can manage your account settings and monitor your hashrate, revenue, and payouts in your dashboard or in our f2pool app.
If you run into any problems mining Ravencoin, please feel free to reach out to our customer service team at support@f2pool.com, open a support ticket, or start a conversation on Reddit.
To stay updated with the latest PoW news and developments, follow us on X!
Happy mining!
FAQs
How to mine Ravencoin
- Obtain suitable hardware. ✅ Ravencoin can be efficiently mined with GPU mining machines. ...
- Obtain a wallet address. You'll need to get a wallet address if you don't have one already. ...
- Sign up for an f2pool account. ...
- Obtain mining software. ...
- Configure mining software. ...
- Add payout address. ...
- Start mining today!
Hashrate Requirement
To mine Ravencoin, your mining rig's hashrate determines the number of calculations it can perform in a second. For example, a GPU rig built with Nvidia's 1070 Ti can achieve over 24 MH/s, and three such cards can provide a total of 72 MH/s, which can be used to mine 1 RVN.
What is the algorithm for Ravencoin? ›
To secure its network Ravencoin uses a variation of the Proof-of-Work (PoW) consensus algorithm known as KAWPOW, which aims to reduce the barrier of entry to mining on its blockchain. Ravencoin's block time is one minute, which means a new block is mined every minute.
How much memory do you need to mine Ravencoin? ›
To mine Ravencoin, you need a GPU with at least 4 GB of RAM. To start mining RVN this way, take the following steps. Similar to other crypto-mining processes, you need an RVN wallet to get started and receive mining rewards.
What is the best GPU for mining Ravencoin? ›
NVIDIA GeForce RTX 2070 is from previous card generations. However, it is one of the best GPU mining cards for Ethereum, ZCoin, Ravencoin, Grin, and others. The RTX 2070 has a memory of 8GB and a power consumption of 225 W, which can attain up to 40 MH/s for the hash rate. GeForce RTX 2070's performance is moderate.
What is the best mining pool for Ravencoin? ›
Now, let's have a look at some of the best Ravencoin mining pools:
- Suprnova. Suprnova.cc is well known and respected in the cryptocurrency community, which is why it is so popular for Ravencoin mining. ...
- Ravenminer.com. ...
- Nanopool.org. ...
- 2Miners. ...
- Antpool.
In SOLO mode you are alone. If you find 0 blocks your reward is 0. We could recommend Ravencoin SOLO mining only of experienced users and only if you could find at least 2-3 blocks in 24 hours. If in doubt always mine in the POOL.
Is Ravencoin Miner legit? ›
With so many different assets being stored on the blockchain one of the stated primary goals of Ravencoin is security. The blockchain itself functions in much the same way as Bitcoin, and it shares the same level of security that Bitcoin offers. Ravencoin functions with a strong mining community and wide distribution.
Does Ravencoin have a future? ›
Our most recent Ravencoin price forecast indicates that its value will increase by 2.91% and reach $0.027887 by May 16, 2024. Our technical indicators signal about the Bearish Bullish 32% market sentiment on Ravencoin, while the Fear & Greed Index is displaying a score of 66 (Greed).
Will Ravencoin be profitable? ›
Positive Ravencoin news is likely needed to change the Ravencoin trend back toward the positive and become profitable again. Only then can it get back to following its minimum estimated growth experts predict.
Current Ravencoin Difficulty
The current RVN difficulty is 106.85 K at block 3,315,790, resulting in a Ravencoin mining difficulty increase of 6.34% in the last 24 hours.
What is the most profitable crypto to mine? ›
Bitcoin (BTC)
Bitcoin is the largest crypto by market capitalization and the most popular cryptocurrency to mine, with a reward of 6.25 BTC per block - although this halved in April 2024. Due to competition, you'll need a top-of-the-line mining rig to mine Bitcoin successfully, as well as to join a mining pool.
How to solo mine crypto? ›
Solo mining is a method where a single miner independently conducts and executes the mining process, relying on native crypto wallet clients to discover blocks. Profits depend on hardware hash power and network difficulty. Solo miners can earn significant rewards if they complete the entire process within the network.
How fast is Ravencoin mining? ›
Ravencoin network hashrate reflects the overall performance of all miners in the rvn network. Currently, Ravencoin network hashrate is 7.08 TH/s = 7 078 015 885 363 h/s.
How much Ravencoin can you mine in a day? ›
Ravencoin SOLO Mining Calculator
| Time | RVN |
|---|
| Time Day With entered hashrate you can find 2 blocks RVN 5000 BTC 0.002317 | Day | 5000 |
| Time Week With entered hashrate you can find 12 blocks RVN 30000 BTC 0.013902 | Week | 30000 |
| Time 30 Days With entered hashrate you can find 52 blocks RVN 130000 BTC 0.060244 | 30 Days | 130000 |
1 more row01. The Best Ravencoin Wallets
| Type | Name | Pros & Cons |
|---|
| HARDWARE WALLETS | Full Trezor Model T Review | Hierarchical Deterministic Costs Money |
| Mobile Wallets | Full RVN Wallet Review | Official Ravencoin Mobile Wallet Single Coin Support |
| Web Wallets | Full Pocket Raven Review | Open Source Less Secure Than Other Wallet Types |
1 more rowRavencoin is a blockchain created to make it easy for investors to create and transact with tokens. It's a popular option for mining at home because Ravencoin is ASIC-resistant thanks to the KAWPOW algorithm, meaning you can mine Ravencoin with a CPU or GPU.
