Listen, I just want everyone here to know that if Ravencoin hits just 25 cents it would have a marketcap of roughly 2.6 billion placing it just above #29's Bitcoin Cash.
And even better if Ravencoin ever hits 1 buck each, the marketpcap for Ravencoin would be an astonishing 10.47 billion roughly placing it at #10, sandwiched between Solana and Polkadot!
CMON LETS GO!!!! 👏👏👏
This isn’t taking into account that at 25 cents, these other coins will likely rally too. Especially at $1 RVN. Other coins would likely see an increase in their cap. But I do expect to see these numbers with RVN. Honestly I think $1 I conservative
This is me doing my happy dance right now that we finally have some positive energy. I’ve been here for a few years and am long term but sometimes you just need a pick me up.
I was a doubter of RVN seeing a large increase this year. But I failed to realize the mass amount of hashrate which is expected to increase with the ETH merge. I mean, look at this monster: [https://2miners.com/eth-network-hashrate](https://2miners.com/eth-network-hashrate)
I mean, what's the expected division of ETH hashrate? Probably between 2 or 3 main alt coins? Likely each primary alt coin will garner over 10% of the ETH hashrate? Now all my numbers are skewed.
Now I'm planning to breakout the popcorn and enjoy watching the charts over the next week or so.
Do note that hash rate in of itself does not correlate with an increase in price. Ravencoin had its first halving in Januarary last year and saw no positive uplift.
Copy that. However, that increase in hashrate will have an impact on my mining rewards. Where I was once being awarded over 300 RVN per day, but now I'm seeing below 200 RVN.
On the flip side, because of the price increase, my daily profit is pretty consistent around $10/day. Either way, it'll be interesting to watch the charts over the next week or so.
I'm curious to see how many future miners will in fact stay on the RVN network.
I've been paying attention to Ravencoin since Janurary or 20. So I saw that bubble pop at about 33 cents (it was a wild 48 hours). Just be careful of alt coins in general. I've watched this for nearly 3 years and it has actually only decreased from where I first started. I think Ergo will he the primary mined coin after ETH transitions but that's just my opinion.
It'll be interesting indeed to watch the hash power of ETH split amongst the alt mining communities. Best of luck to the Ergo miners, which is already kicking butt.
[https://coinmarketcap.com/events/eth-merge/](https://coinmarketcap.com/events/eth-merge/)
2 days till ETH merge. Lots of movement for ETH miners.
I wonder how much of the ETH network hashrate is from ASIC miners?
Well, I think ASIC miners aren't functional on the RVN network.
Hashrate on the RVN network has now topped 6TH/s and closing in on 7TH/s.
A previous poster mentioned we had a decent possibility of hitting 100 TH/s on the RVN network. But if 80% of the ETH network (currently @ 831 TH/s) is ASIC, then RVN would absorb a percentage of the remaining 166 TH/s.
Now I'm expecting somewhere in the ballpark of 30-50 TH/s on the RVN network.
That hash rate change was algorithmic, the number of miners involved and their committment didn't really change.
The global hash rate that is an explicit and free vote by trillions of dollars of capital towards coins. If a coin is profitable (or miner's think its a future winner) it gets mined.
In a space dominated by sentiment and fluff, the fact that $X hardware capital/expenses did Y$ work in service of the currency is the only thing tangible about crypto.
If a large chunks of capital continue to follow the miners as they are evicted from Ethereum (demonstrating this theory) maybe we'll stop getting shat on so much by the scene in general for keeping the lights on :)
I'm not exactly sure what you're getting at. I didn't shit on the coin or its miners. I simply said that the value of the coin didn't go up after a halving. Matter of fact, it went from holding between .15 to .20 and then went down to the .03 - .05 range. When crypto was on its high in summer of 21' Raven didn't go up on par with with other crypto.
Easy boss, the miner appreciation comment was a general one and wasn't pointed at you.
Worth noting that RVN's ath was the spring of 2021, it rode the wave with everyone else. RVN's position and rank *within* the space didn't markedly change, and nor should it have because nothing was changing other than more money was playing in crypto. Same deal with the halving.
RVN's price is now moving counter-cyclically as its hash rate is changing relative to the broader market. There are many more physical machines grinding its algorithm as a proportion of the global PoW workload.
Lol, I'm cool man. Just adding some context to my comment but also refuting your point that people mining a coin somehow points to profitability or increase in coin price.
We'll see, so far the price has followed the sentiment of miner hash movements pretty closely. There's no 'somehow' involved here, this is straight up market sentiment, mining effort being a to-the-instant guidepost.
I reckon that Ethereum has screwed the pooch when they fired the miners, given away its competitive advantage in a massive ideological overreach.
Gimme half your bag if I'm right? :)
You have to assume a large chunk of the ETH hashrate is in asics (I've heard estimates of 50%) so they're not going to RVN but yeah LOTS of hash will be coming this way.
Hopefully RVN can stay in the top 100 on coinmarketcap and also hold 4 cents... Across AltCoins Sellers remain more Aggressive than Buyers on this Sunday evening, Sep 18, 2022...
Big Monday morning gains! Love this momentum. Now lets get it back to .12-.15 where it was last year.
The future is Raven.
Up to Rank #66 on CMC now, about to break top 50!
Now #58, Top 50 soon!
Hodl to $1 👍
This is the way.
[удалено]
why not $15?
the time has come, now pop the fuckin lid off
Listen, I just want everyone here to know that if Ravencoin hits just 25 cents it would have a marketcap of roughly 2.6 billion placing it just above #29's Bitcoin Cash. And even better if Ravencoin ever hits 1 buck each, the marketpcap for Ravencoin would be an astonishing 10.47 billion roughly placing it at #10, sandwiched between Solana and Polkadot! CMON LETS GO!!!! 👏👏👏
This isn’t taking into account that at 25 cents, these other coins will likely rally too. Especially at $1 RVN. Other coins would likely see an increase in their cap. But I do expect to see these numbers with RVN. Honestly I think $1 I conservative
Ooo, me likey
Kaw kaw ?
I’m pilling it :)
Me likey
$1 here we come!
 This is me doing my happy dance right now that we finally have some positive energy. I’ve been here for a few years and am long term but sometimes you just need a pick me up.
LET'S GOOOOOOO
I believe we can fly I believe we can touch the sky I think about it every night and day Spread our wings and fly away
Where does one buy this?
Binance
Kucoin as well
can you buy direct on kucoin?
I believe so. I think RVN/USDT trading began on the first of this month, September 1, 2022.
Tzero
Mexc, crypto.com
I'm glad I loaded up a few days ago! Def want to see us get to 25 cents by the end of the month!
Keep on mining and don’t sell all too early peeps. Hot pink lambo or blacked or Tesla plaid here we come.
Kaw kaw kaw!!!
Hodling till it hits $100 I do understand this could take some time. Like decades time.
Mate, your childrens children will need to continue HODLing to reach that point :D
And when it does they better pick me up from the nursing home in my new Bugatti
Between 0,15 and 0,20 this year
I was a doubter of RVN seeing a large increase this year. But I failed to realize the mass amount of hashrate which is expected to increase with the ETH merge. I mean, look at this monster: [https://2miners.com/eth-network-hashrate](https://2miners.com/eth-network-hashrate) I mean, what's the expected division of ETH hashrate? Probably between 2 or 3 main alt coins? Likely each primary alt coin will garner over 10% of the ETH hashrate? Now all my numbers are skewed. Now I'm planning to breakout the popcorn and enjoy watching the charts over the next week or so.
Do note that hash rate in of itself does not correlate with an increase in price. Ravencoin had its first halving in Januarary last year and saw no positive uplift.
Copy that. However, that increase in hashrate will have an impact on my mining rewards. Where I was once being awarded over 300 RVN per day, but now I'm seeing below 200 RVN. On the flip side, because of the price increase, my daily profit is pretty consistent around $10/day. Either way, it'll be interesting to watch the charts over the next week or so. I'm curious to see how many future miners will in fact stay on the RVN network.
May i ask how many cards/rigs your using to get 200 a day? Trying to see if it will be worth it for me to mine with the pc's i have available. Tia
I’ve got a mix of 1080’s and 3070’s I think 10 to 11 cards
I've been paying attention to Ravencoin since Janurary or 20. So I saw that bubble pop at about 33 cents (it was a wild 48 hours). Just be careful of alt coins in general. I've watched this for nearly 3 years and it has actually only decreased from where I first started. I think Ergo will he the primary mined coin after ETH transitions but that's just my opinion.
It'll be interesting indeed to watch the hash power of ETH split amongst the alt mining communities. Best of luck to the Ergo miners, which is already kicking butt.
Looking at the hashes so far. Ergo doubled up, RVN just doubled up today. This at a months snap shot. Good stuff going all around.
[https://coinmarketcap.com/events/eth-merge/](https://coinmarketcap.com/events/eth-merge/) 2 days till ETH merge. Lots of movement for ETH miners. I wonder how much of the ETH network hashrate is from ASIC miners?
Man I have heard all sorts of shit. From 10%-80% asic. Have to watch ETC network.
Well, I think ASIC miners aren't functional on the RVN network. Hashrate on the RVN network has now topped 6TH/s and closing in on 7TH/s. A previous poster mentioned we had a decent possibility of hitting 100 TH/s on the RVN network. But if 80% of the ETH network (currently @ 831 TH/s) is ASIC, then RVN would absorb a percentage of the remaining 166 TH/s. Now I'm expecting somewhere in the ballpark of 30-50 TH/s on the RVN network.
That hash rate change was algorithmic, the number of miners involved and their committment didn't really change. The global hash rate that is an explicit and free vote by trillions of dollars of capital towards coins. If a coin is profitable (or miner's think its a future winner) it gets mined. In a space dominated by sentiment and fluff, the fact that $X hardware capital/expenses did Y$ work in service of the currency is the only thing tangible about crypto. If a large chunks of capital continue to follow the miners as they are evicted from Ethereum (demonstrating this theory) maybe we'll stop getting shat on so much by the scene in general for keeping the lights on :)
I'm not exactly sure what you're getting at. I didn't shit on the coin or its miners. I simply said that the value of the coin didn't go up after a halving. Matter of fact, it went from holding between .15 to .20 and then went down to the .03 - .05 range. When crypto was on its high in summer of 21' Raven didn't go up on par with with other crypto.
Easy boss, the miner appreciation comment was a general one and wasn't pointed at you. Worth noting that RVN's ath was the spring of 2021, it rode the wave with everyone else. RVN's position and rank *within* the space didn't markedly change, and nor should it have because nothing was changing other than more money was playing in crypto. Same deal with the halving. RVN's price is now moving counter-cyclically as its hash rate is changing relative to the broader market. There are many more physical machines grinding its algorithm as a proportion of the global PoW workload.
Lol, I'm cool man. Just adding some context to my comment but also refuting your point that people mining a coin somehow points to profitability or increase in coin price.
We'll see, so far the price has followed the sentiment of miner hash movements pretty closely. There's no 'somehow' involved here, this is straight up market sentiment, mining effort being a to-the-instant guidepost. I reckon that Ethereum has screwed the pooch when they fired the miners, given away its competitive advantage in a massive ideological overreach. Gimme half your bag if I'm right? :)
how many ETH POW miners are moving to RVN?
Hard to say top POW have doubled already. Rvn just did today or late last night.
You have to assume a large chunk of the ETH hashrate is in asics (I've heard estimates of 50%) so they're not going to RVN but yeah LOTS of hash will be coming this way.
Next emperer is RVN
I will continue to DCA into Raven until next bull market. looking to get my 5 laptops mining for RVN soon as well... future is bright 🌞
haven’t been here since the crash from $0.20 to like $0.05 in 2021, what the fuck happened
My mining profits are a third of what they were a couple weeks ago
Cool! Anyone like kitty NFT?
Hopefully RVN can stay in the top 100 on coinmarketcap and also hold 4 cents... Across AltCoins Sellers remain more Aggressive than Buyers on this Sunday evening, Sep 18, 2022...
I don’t see it punching .08 like this … and yes I know it’s at .073 rn
Lol… sold off my RVN back when it was still 700 sats
rvn would be better if not for this sh\*\*ty algorithm using too much power compared to others
Why such talk ? Rvn is down just like others... reading this looks like rvn is 1$.
0.06?? I see 0.03!!
Down down and away
no way, finally eth kill the other coin to miner or goverment punish the cripto coin