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How To Mine Ravencoin (RVN): All You Need To Know

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Hey there! If you‘re looking to get into crypto mining, Ravencoin is shaping up to be one of the most profitable coins to mine in 2022 and beyond. Especially as Ethereum moves to proof-of-stake, Ravencoin‘s ASIC resistance makes it accessible for miners to earn block rewards with GPUs.

In this detailed guide, I‘ll walk you step-by-step through everything you need to know to start mining RVN. Whether you‘re a seasoned pro or complete beginner, you‘ll learn:

  • What exactly Ravencoin is and why it‘s worth mining
  • How to select the optimal hardware and software for mining RVN
  • How to configure and connect to a Ravencoin mining pool
  • Tips to maximize your mining payouts and efficiency
  • Answers to frequently asked questions on mining Ravencoin

I‘ve been an avid miner myself for years, so I‘ll be speaking from personal experience and providing insider advice throughout this guide. My goal is to get you mining RVN as profitably as possible!

Let‘s dig in…

What Exactly is Ravencoin?

Before we jump into the mining, let‘s recap what Ravencoin is and why people are so excited about it.

Ravencoin is an open-source blockchain project that launched in January 2018 as a fork of the Bitcoin codebase. It focuses on enabling seamless peer-to-peer transfer of assets between users.

The key value propositions of Ravencoin include:

  • Asset creation and transfer – Any user can create and transfer customized tokens and digital assets over the Ravencoin network. This provides utility for things like virtual goods, tokenized securities, collectibles, and more. No smart contracts required!

  • Enhanced privacy – By not reusing addresses and using randomized address generation, Ravencoin improves privacy compared to Bitcoin.

  • Fair distribution – There was no ICO, pre-mine or founder‘s reward at launch, creating fair mining rewards and distribution.

  • ASIC resistance – Ravencoin uses the ASIC-resistant KAWPOW mining algorithm, opening up mining to consumer GPUs rather than centralized ASICs.

  • Fast block times – With 1 minute block targets, transactions are faster than on Bitcoin.

  • Future development – The active development team has ambitious plans to incorporate messaging, smart contracts, and more.

By focusing specifically on asset transfers and issuance, Ravencoin provides targeted utility that many projects try to achieve with smart contracts. And the ASIC-resistant mining promotes decentralization and accessibility.

No wonder Ravencoin mining is attracting so many miners! Now let‘s look at how to actually mine it…

Choosing Ravencoin Mining Hardware

When mining Ravencoin, you‘ll want hardware that maximizes efficiency and hashrate for the KAWPOW algorithm:

GPUs

GPUs are the preferred mining hardware for Ravencoin thanks to its ASIC resistance. Look for modern AMD and Nvidia cards with at least 4GB of onboard memory. Some good options include:

GPU Hashrate Power Use
Nvidia RTX 3060 Ti 25 MH/s 200W
AMD RX 5700 XT 36 MH/s 135W
Nvidia RTX 3070 Ti 45 MH/s 290W
AMD RX 6800 XT 47 MH/s 250W

Source: BitsBeTrippin Ravencoin Mining Hashrates

The table above shows estimated hashrate performance on some of the top Ravencoin mining GPUs. In general, AMD cards tend to offer better efficiency while Nvidia provides raw power. When building your mining rig, select graphics cards with the right balance based on your goals and budget.

I‘d recommend the AMD RX 5700 XT or Nvidia RTX 3070 Ti as excellent choices here in early 2022. But new GPUs are frequently released so be sure to research the latest options.

Mining Rigs

For maximum mining power, build a dedicated rig containing multiple GPUs. This allows you to scale up your hashrate. When designing a mining rig:

  • Select 6+ GPUs designed specifically for mining like AMD‘s RX series cards. More cards mean more hashing power!
  • Ensure adequate power supply (1200w+) to support the GPUs under full load.
  • Effective cooling is a must – use open air frames and high airflow fans.
  • Choose an efficient CPU, RAM and SSD storage to support mining software.
  • Run a Linux OS like HiveOS for enhanced mining performance.

Properly configuring a multi-GPU mining rig takes expertise, but maximizes your mining capabilities.

ASICs

Since Ravencoin uses the ASIC-resistant KAWPOW algorithm, ASIC miners like Antminer cannot mine RVN. So focus your efforts on GPU mining!

Selecting Ravencoin Mining Software

There are a variety of mining programs out there to choose from. Some popular options:

  • T-Rex Miner – Great CUDA miner designed for Nvidia GPUs. Gives excellent KAWPOW performance.

  • TeamRedMiner – Optimized for AMD GPUs. Mines KAWPOW coins like RVN efficiently.

  • NBMiner – Supports both AMD and Nvidia cards. Provides advanced configurability.

  • EasyMiner – User-friendly GUI miner for beginners. Runs on Windows and Linux.

I personally recommend T-Rex for Nvidia miners and TeamRedMiner for AMD rigs based on my experience. But check various forums for advice on the latest mining programs for Ravencoin.

Installing these miners is very straightforward:

  1. Download the version for your operating system.
  2. Extract and run the mining executable file.
  3. Configure your wallets, pool credentials, GPU tuning, etc.
  4. Start mining!

Be sure to run the miner with administrator access to optimize GPU performance.

Finding The Right Mining Pool

To earn consistent mining income, you‘ll want to join a Ravencoin mining pool rather than attempt solo mining.

Some things to evaluate when selecting a RVN pool include:

  • Pool hashrate – The higher the total hashrate, the more frequent block rewards are shared.

  • Geographic distribution – Look for pools with servers in diverse locations to reduce latency.

  • Fee structure – Pools take small fees for organizing payments. Typical fee is around 1%.

  • Reputation – Check reviews and community feedback on pool uptime and payout reliability.

  • Payment methods – Most pools offer automatic payout in RVN once reaching the minimum.

Based on my own mining experience, here are some leading Ravencoin pools to consider:

Pool Fee Servers Minimum Payout
2Miners 1% Worldwide 20 RVN
Flypool 1% Worldwide 10 RVN
MiningPoolHub 0.9% US, Europe 0.01 RVN
Nanopool 1% Europe, Asia 100 RVN
Ravenminer 1% US 50 RVN

I‘ve personally had the best results using 2Miners and MiningPoolHub in terms of uptime, interface, and payouts. But check forums to stay up to date on any potential pool issues.

Configuring Your Mining Software

Once you‘ve chosen your preferred mining pool, configure your mining software to connect and start earning rewards:

  1. Enter your RVN wallet address – This is where your mined coins will be paid out to. Use an exchange wallet for easy accessibility.

  2. Set pool credentials – Specify the pool URL, port, username, and any passwords to establish a connection.

  3. Tune your GPUs – Optional but recommended to optimize performance. Incrementally adjust settings like power, core clock, memory clock.

  4. Start mining! – Save your configuration and launch the miner to begin earning RVN. Enable auto-start on boot.

Let the software run full-time mining Ravencoin to your pool. Monitor your rigs and make tweaks to maximize hashrate and efficiency.

Mining Ravencoin on Gaming PCs

Wondering if you can mine RVN on your gaming PC when not gaming? The short answer is yes, but there are caveats:

  • Your gaming GPU is likely less optimized for mining than dedicated cards like the RX 5700 XT. Expect lower hashrate.

  • Heat and power draw may be excessive running full-time on a gaming PC not designed for mining.

  • Frequent gaming uses may lead to instability with the mining software running.

  • You likely pay higher electricity costs than large dedicated mining farms.

  • Your PC components wear out faster when mining extensively.

Mining on gaming PCs is possible but not recommended for serious miners. I‘d suggest building a dedicated low-cost mining rig for better efficiency and performance. But if you just want to casually earn a bit of extra RVN with your existing hardware, go for it!

Maintaining Your Ravencoin Mining Rigs

To keep your Ravencoin mining operations running smoothly:

  • Monitor temperatures – Keep GPUs under 80C using software like HWinfo64 or GPU-Z.

  • Watch power draws – Attempt to stay near rated TDP to maximize efficiency.

  • Periodically reboot – Regular restarts clear any memory issues and keep systems fresh.

  • Update software – Keep GPU drivers, mining programs, and OS up to date for compatibility.

  • Clean systems – Blow out dust, clean fans and ensure unrestricted airflow to prevent overheating.

  • Check pools often – Monitor your dashed rates, earnings, and minimum payout balance.

Taking proper maintenance measures will maximize your Ravencoin mining uptime, efficiency, and of course profits!

Frequently Asked Questions on Mining RVN

Let‘s go over some common questions on mining Ravencoin:

Is it better to solo mine or join a pool?

For consistent payouts, definitely join a Ravencoin mining pool. Solo mining leads to highly infrequent reward payments given the overall network hashrate. Pools provide regular small payouts rather than gambling on big solo blocks.

How do I calculate expected mining profitability?

Use calculators like WhatToMine to estimate expected profits based on your hashrate, pool fees, power costs, and RVN value. Profitability varies heavily based on these factors, so run projections frequently.

What metrics should I monitor on my mining rigs?

At minimum, watch your GPU temperatures, power draws, and hashrates. Also monitor pool dash rates, unpaid balances, and system stability like rejected shares.

Is mining bad for my GPUs?

Mining is very demanding on GPUs, especially for prolonged periods. Undervolt your cards, keep temps reasonable, and don‘t overclock excessively. Periodic breaks from mining can help extend GPU lifespan.

How can I optimize my GPU overclocks?

Incrementally adjust overclocks like power limit, core clock and memory clock. Run stability tests after each change to find the "sweet spot". Prioritize power efficiency, not just raw hashrate.

What OS is best for Ravencoin mining?

Linux-based mining OSes like HiveOS offer enhanced performance, efficiency and configurability. But Windows works fine for basic mining too. Some miners even use Raspberry Pi‘s!

Can I mine RVN on laptops and desktop PCs?

Mining on consumer laptops and PCs is possible but usually not profitable given weaker GPUs and higher electric costs. Dedicated mining rigs are far more efficient.

Hopefully these FAQs cleared up any lingering questions! The Ravencoin community is also super helpful if you need advice tuning your mining operation.

Wrapping Up

Phew, that was a lot of in-depth information on mining Ravencoin! Here are some key tips to remember:

  • Use AMD or Nvidia GPUs for mining Ravencoin and join a mining pool.

  • Select mining software like T-Rex, TeamRedMiner or NBMiner.

  • Configure your software with your wallet, optimal GPU settings, and connection to a pool like 2Miners or MiningPoolHub.

  • Monitor your rigs closely and maintain your GPUs for maximum profitability.

  • Consider building a dedicated mining rig for professional results.

And most importantly – have fun! Ravencoin is one of the most accessible and rewarding coins right now for miners.

With this comprehensive guide, you should have all the knowledge needed to start mining RVN effectively. I wish you the best of luck with your mining operations! Please reach out if you have any other questions.

Happy mining!

AlexisKestler

Written by Alexis Kestler

A female web designer and programmer - Now is a 36-year IT professional with over 15 years of experience living in NorCal. I enjoy keeping my feet wet in the world of technology through reading, working, and researching topics that pique my interest.