How to mine RavenCoin (RVC) [CPU,GPU] X16r AlgorithmsteemCreated with Sketch.

in #cryptocurrencies7 years ago (edited)

What is Ravencoin?

It's a new open-source project intended to see if a use case specific blockchain designed to be focused on the transfer of assets can develop technology which provides security or functional advantages for certain projects.
Specifically working on things like RSK, which will allow solidity to work on this chain, will be huge for Ravencoin in the future.
RVN was launched January 3rd 2018 with very little info regarding the future of the project.
Since then, several community members have learned that there is an active development team on this coin, and the super clean wallet client and lightning fast network are only the beginning.
The RVN team is launching their coin in the spirit of Bitcoin, code first.
We hope to keep you updated in this thread as to work being done on RVN, as that information becomes available to us. But you don't need to wait for us, or take our word for it.

Ravencoin IS open source, and ANYONE is free to contribute to the project, please, join the team in GitHub!

Ravencoin was launched in the interest of fair distribution.
There is no ICO, no pre-mine, and you can mine RVN on readily available consumer grade hardware!
Several of us have been mining this coin since launch, and can attest that you can still currently hit blocks solo mining with your CPU through the wallet client, how long this will last, we can not say (Update: as of this writing February 2018, 6 RVN pools exist, solo mining has officially become difficult).
We have learned, however, that the team is very dedicated to making RVN an ASIC resistant project now and into the future.

Whitepaper:
https://ravencoin.org/wp-content/uploads/2018/01/X16R-Whitepaper.pdf

Mining:

First you need a RVC wallet, and an address. To aquire this, you have to download a wallet.

Linux/Mac/Windows:
https://github.com/MSFTserver/RavenCoin-Wallet-With-Miners/releases

Paper Wallet:
https://github.com/todd1251/WalletGenerator.net/tree/ravencoin
(Credit to Penfold for the paper wallet)

Start the wallet, and wait for syncing. If the wallet does not sync, you need to add some nodes.

Go to Help > Debug Window Console.
Enter the following lines one by one and hit enter after each.

addnode 192.41.71.222:8767 add
addnode 173.198.226.50:8767 add
addnode 163.182.175.140:8767 add

Save and close.

If you want to run a full node which helps the network make sure you have Settings > Options > Map port using UPnP selected.

Go to your wallet > Receive > Add A Label > Click Request Payment. Copy the address

Selecting a mining pool

Now that you your wallet up and running, time to choose a pool for mining, below a list of pools you can choose from:

Cryptopool.Party:
Currently offering 0% fees!
https://cryptopool.party

Cryptopool.Party Setup:
-o stratum+tcp://cryptopool.party:3636 -u <WALLET_ADDRESS> [-p (OPTIONS)]

NEW RVNpool
Currently offering 0% fees until 02/21/18!
https://rvnpool.com/

RVNpool Setup:
-o stratum+tcp://rvnpool.com:3333 -u <WALLET_ADDRESS> [-p (OPTIONS)]

NEW YiiMP.eu:
http://yiimp.eu/

YiiMP.eu Setup:
-o stratum+tcp://yiimp.eu:3666 -u <WALLET_ADDRESS> [-p (OPTIONS)]

Explorer
http://yiimp.eu/explorer

NEW MinePool
https://www.minepool.com/

MinePool Setup:
-o stratum+tcp://minepool.com:3636 -u <WALLET_ADDRESS> [-p (OPTIONS)]

Suprnova:
https://rvn.suprnova.cc

Supernova Setup:
https://rvn.suprnova.cc/index.php?page=gettingstarted

Hash4Life (yiimp):
https://hash4.life/

Hash4Life Setup:
-a x16r -o stratum+tcp://hash4.life:3636 -u WALLET -p c=RVN

Explorer
https://hash4.life/explorer/RVN
Nodelist
https://hash4.life/explorer/peers?id=3336

threeeyed (Community Pool!)
http://pool.threeeyed.info

threeeyed Setup:
-o stratum+tcp://pool.threeeyed.info:3333 -u <WALLET_ADDRESS> [-p (OPTIONS)]

You can see the blockchain information and stats here:

https://www.rvnstats.info.

new explorer site > https://rvnexplorer.com/

CPU Miners:

Windows: https://rvn.suprnova.cc/cpuminer-multi-rel1.3.3-x64.7z
Linux (credit Epsylon3): https://github.com/tpruvot/cpuminer-multi
NEW Mac (credit: Tobias): https://gist.github.com/quagliero/90f493f123c7b1ddba5428ba0146329a

GPU Miner NVIDIA COMPLETE!:
Current release:
https://github.com/MSFTserver/ccminer/releases/tag/2.2.5-rvn
Credit: tpruvot, and MSFTserver for hosting

Past releases:
https://github.com/phasiclabs/ccminer-x16r/releases/tag/2.2.4.3-x16r
(Credit: Penfold, MTarget, Austin, phabit2)
https://github.com/todd1251/ccminer-x16r/releases
(Credit: Penfold, MTarget, Austin, phabit2)
(credit: penfold1251/MTarget)
https://github.com/todd1251/ccminer-x16r/releases/tag/2.2.4-x16r

Ravencoin uses algorithm called X16R
It is ASIC resistant and constantly switching between 16 different algorithms.
This stresses your video card and PSU more then a mining any other coin.
It has sharp drops and spikes in power, you need to have a solid PSU and graphics card.

Donations (RVC):
RVmw1BVfRfjv5SJ1yfF36kMUppmj3ccUFD

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Thanks a lot for this post! Do you know whether it is possible to mine with Radeon RX cards?

not at the moment

Bounty for AMD miner is still active. Hopefully it'll be ready soon.