Post
Topic
Board Mining (Altcoins)
Re: Happy New Years! Seventh alt coin thread!
by
fr4nkthetank
on 03/04/2018, 19:12:13 UTC
I just did some due diligence on RavenCoin and all I can say is, best of luck to you all mining it, because it looks like a train wreck to me. Two different ANN threads with lots of infighting, questionable mining software, and the coin itself doesn't really seem any different from any other random shitaltcoin. I'm going to stick to DERO, ZEN & ITNS. And MUSIC!

EDIT - this sounds a bit harsh/combative upon re-reading it, and that's not the intended spirit; rather, I'd very much like to hear the counterarguments in favor of RVN, because from my (admittedly jaundiced/cynical) perspective it only seems have the support of the CEO of Overstock.com who is, let's say, a rather colorful character (or a crackpot, if you prefer).



Ok, if you are mining you dont really care about that stuff.  I just dont like the inflation on the coin, with no planned "deflation" aka a la Bitcoin.  But miners are getting shafted with the ASIC invasion so they seek new innovations with ASIC resistant properties, for, well, the decentralized ideology and all.  So they will mine RVN, they will create demand for it, they will pump it.  Im pretty sure of it.  Mine when difficulty is low and sell when price is high.  Of course I get that right about 0.1% of the time.