FAQ

From Ravencoin Wiki
Revision as of 01:32, 17 March 2018 by Mapple (talk | contribs)
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When will RVN be on an exchange?

What's the going rate for RVN?

Check the exchange above.

Why is RVN any better than <insert coin here>?

Some thoughts about the potential of RVN have been captured in [the Fenton files]

How can I mine Raven?

At a high level:

  1. Read the getting started article on virtopia.ca
  2. Download the wallet from github, install and get a receiving address
  3. Select a pool from the Pools list
  4. Download the GPU miner from github, unzip, and edit the batch file to include the pool you want to mine on and put your wallet address in the start up script....run the batch file.

For more details reading Mining

What's the link for Ravencoin Community Discord?

Are there Masternodes?

No.

When is the ICO?

There isn't going to be one.

Was it pre-mined?

No - it was announced on twitter

The devs should do X/Y/Z / Why aren't the devs doing X/Y/Z?

This is an open source project. You can do whatever you want with it. Read The Fenton Files for more thoughts about the coin.

How come some people have 100,000's if it wasn't premined?

There were people that started when difficulty was well under 100 rather than where it is now. Some people rented hundreds of cloud CPU's to mine it before the GPU miner software was even developed for the community. Some have still have huge gpu rigs pointed at pools.

Can I mine with my CPU / CPU or GPU mining which is better?

Yes you can mine with your CPU however you're unlikely to earn many Ravencoin. The net hash is now pretty large so a single CPU isn't going to contribute much. Obviously, if you've got a lot of CPU's or high-end ones you many earn more. Generally, people are running GPU's in one of the Pools.

Which pool is best?

All the Pools are pretty good, and as with most things tech they all have issues from time to time. On average you'll get a larger share of fewer blocks with the smaller pools and a smaller share of more blocks with the larger pools. There are support channels for most of the pools on discord. The pools can be compared here.

How do I do xyz with the wallet?

Many questions about the wallet can be answered by searching the same question for the Bitcoin wallet. The Bitcoin wiki and Bitcoin stackexchange are two great resources which might already have answers to your question.