FAQ

From Ravencoin Wiki
Revision as of 13:13, 2 March 2018 by Mapple (talk | contribs)
Jump to navigationJump to search

When will RVN be on an exchange?

We don't know. The core development team is not looking at it, they're working on developing the technology. The general consensus amongst the community is that it would be better to wait until we have a least a better defined white paper discussing the roadmap for the coin before listing the coin, and to get listed on one of the better exchanges rather than the lower tier ones.

However this is an open project, anyone can get it listed on an exchange if they want to.

You can currently buy and sell via the trading channel in discord, or rotcex.com. There are trusted community members on discord that you can reach out to and ask to act as Escrow. As with everything crypto, it's your responsibility to look after your coins. It's well worth reading the safety guide

What's the going rate for RVN?

It varies from deal to deal. At the moment it simply depends on what two parties are will to agree on.

How can I mine Raven?

  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.

What's the link for RavenCoin Community Discord?

here

What's the link for RavenCoin OTC trading Discord?

here

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

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.