Ravencoin is a project launched on January 3, 2022, without ICO, masternodes and premine.
If you are interested in the mining process and setting up this coin, then this article will answer all your questions regarding Ravencoin.
A quick guide on how to mine Ravencoin cryptocurrency:
- Step 1 – Get Ravencoin digital wallet address (on the exchange, or install a cold wallet from Ravencoin)
- Step 2 – Download the mining program
- Step 3 – Select a mining pool
- Step 4 - Start mining!
How to create a wallet
You can store the coin on an official cold wallet for the following operating systems, such as:
- Windows
- Linux
- Mac
You can download the wallet from Github https://github.com/RavenProject/Ravencoin/releases
You can read more detailed information about installing and updating wallets in the article about the RVN coin.
If you do not want to download and install cold wallets, then you can always use exchange wallets.
To do this, you must be registered on it, after which you can receive a digital coin wallet.
In the table below you can choose the exchange that is convenient for you. By clicking on the name of the exchange in the “Exchange Review” column, you can read: its detailed review, description, registration, deposit/withdrawal of funds, trading, useful tips.
| # | Exchange overview | Pair |
| 1 | DigiFinex | RVN/BTC |
| 2 | Binance | RVN/BTC |
| 3 | Binance | RVN/USDT |
| 4 | Paribu | RVN/TRY |
| 5 | BitForex | RVN/BTC |
| 6 | MXC | RVN/USDT |
| 7 | Upbit | RVN/BTC |
| 8 | CoinEx | RVN/USDT |
| 9 | CoinEx | RVN/BTC |
| 10 | OKEx | RVN/USDT |
| 11 | Bittrex | RVN/BTC |
| 12 | VCC Exchange | RVN/BTC |
| 13 | BKEX | RVN/USDT |
| 14 | BitMax | RVN/USDT |
| 15 | CHAOEX | RVN/BTC |
| 16 | OceanEx | RVN/VET |
| 17 | Binance | RVN/BUSD |
| 18 | Indodax | RVN/IDR |
| 19 | CoinEx | RVN/BCH |
| 20 | OceanEx | RVN/USDT |
| 21 | Binance | RVN/BNB |
| 22 | Binance US | RVN/USD |
| 23 | OKEx | RVN/BTC |
| 24 | BitMax | RVN/BTC |
| 25 | Bitsonic | RVN/KRW |
| 26 | Finexbox | RVN/BTC |
| 27 | Dex-Trade | RVN/USDT |
| 28 | Bitrue | RVN/XRP |
| 29 | Bitvavo | RVN/EUR |
| 30 | CoinDCX | RVN/BTC |
| 31 | Bitrue | RVN/USDT |
| 32 | Bittrex | RVN/USDT |
| 33 | VCC Exchange | RVN/USDT |
| 34 | Bitrue | RVN/BTC |
| 35 | Bittrex | RVN/USD |
| 36 | OKEx Korea | RVN/USDT |
| 37 | WazirX | RVN/USDT |
| 38 | Graviex | RVN/BTC |
| 39 | TradeOgre | RVN/BTC |
| 40 | OKEx Korea | RVN/BTC |
| 41 | WazirX | RVN/BTC |
| 42 | HitBTC | RVN/BTC |
| 43 | Livecoin | RVN/BTC |
| 44 | Bithumb Singapore | RVN/BTC |
| 45 | Coinall | RVN/BTC |
| 46 | Altilly | RVN/BTC |
| 47 | IDCM | RVN/ETH |
| 48 | Birake Network | RVN/BTC |
| 49 | Dex-Trade | RVN/BTC |
| 50 | Altilly | RVN/ETH |
| 51 | ProBit Exchange | RVN/KRW |
| 52 | ProBit Exchange | RVN/USDT |
| 53 | LiteBit.eu | RVN/EUR |
How to withdraw a coin
The option to withdraw money is directly to The Ravencoin Core Wallet (download on GitHub). If you do not plan to keep money in your wallet, but want to immediately sell coins and exchange them for other cryptocurrencies, then it is better to immediately withdraw money to the exchange’s cryptocurrency wallet.
The coin is traded on the following exchanges:
- Binance;
- Bittrex;
- Upbit;
- Cryptopia;
- CryptoBridge;
- Escodex;
- TradeOgre;
- Graviex;
- Nanex;
- CoinExchange;
- IDCM.
We chose the Binance cryptocurrency exchange due to its high trading volume.
We register and confirm via email. Log in and go to the “Funds” - “Deposit” tab. In the “Select Coin” column, enter the ticker “RVN”.
We select a coin, and the exchange generates a wallet number. Copy the address, go to the pool and paste the wallet address into the “Payment address” field in the “Edit account” tab
Ready! The pool will automatically transfer mined coins to this address. The same scheme is used to create a wallet on other exchanges.
How to mine with video cards
Block reward: 5000 RVN
Block time: 1 minute
Total coins: 21 billion
If you have already assembled a mining farm and received a digital coin wallet, then you need to download the mining program and select a pool.
Pools
List of pools
| 1 | 2miners |
| 2 | beepool |
| 3 | woolypooly |
| 4 | ravenminer.com |
| 5 | bsod.pw |
| 6 | minermore.com/ |
| 7 | labs.f2pool.com/labs |
After you have chosen a pool that is convenient for you, proceed to downloading the program (miner).
Detailed guides for setting up programs are in the table below. In it you will find: a step-by-step guide, advanced configuration options, problem solving and much more.
Minermore
Minermore Interface
Website : https://minermore.com/
Pool commission : 1% PPLNS
Pros : Provides accurate graphs. Payments are made on time. Payment system – PPLNS. This is one of the most popular platforms.
Cons : Registration required.
If you are an advanced miner, you should try Minermore. Although learning how to navigate and registering will require a lot of attention, this platform guarantees timely payouts and user support. The pool is quite small, so the choice of miners is not large.
Programs
In order to mine the Ravencoin coin, you need to download a miner.
The following are suitable: Programs
| Program | Series | Setup and download |
| Z-enemy | Nvidia | |
| NBMiner | Nvidia+AMD | |
| GMiner | Nvidia+AMD | |
| TT-Miner | Nvidia | |
| T-Rex | Nvidia | |
| Kawpowminer | Nvidia+AMD | |
| TeamRedMiner | AMD |
Extract the archive, there you will find fully configured and ready-made Bat files of the Ravencoin coin for different pools. All you have to do is enter your digital wallet received on the exchange or from a cold wallet and launch it. The mining process will automatically start.
If you want to set up a batch file yourself, in the articles about each miner, you will find a detailed description of setting up the coin.
Example batch file for Gminer:
miner.exe --algo kawpow --server us.rvn.minermore.com:4501 --user RKAeArXkWLNERjWo5YF3R1xFnYCwKf11sX
For t-rex
@echo off :start t-rex -a kawpow -o stratum+tcp://rvn-pool.beepool.org:9531 -u RKAeArXkWLNERjWo5YF3R1xFnYCwKf11sX.rig -px -i 8 —cpu-priority 1 —coin RVN —fork-at KAWPOW=2020-06-28T16:00:00 —temperature-limit 78 —temperature-start 65 goto start
For TT-Miner
@echo off :loop TT-Miner.exe -coin rvn -luck -P :9531 echo restart miner… goto loop
Sample batch file for NBminer
nbminer -a kawpow -o rvn-pool.beepool.org:9531 -u RKAeArXkWLNERjWo5YF3R1xFnYCwKf11sX.rig
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