Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)
by
fkjnfndjn
on 12/12/2018, 03:45:28 UTC
Quote from: Regulater on December 12, 2018, 02:36:37 AM
Quote from: fkjnfndjn on December 12, 2018, 01:54:57 AM
Quote from: Regulater on December 12, 2018, 12:16:26 AM

X16R has been on whattomine top for a long time, and will continue for a while.


It seems this fact, which is definitely true, would run counter to the idea that "secret" ASICs are on the RVN network, as every single algo that eventually got ASICs saw their coins sink on WTM GPU profitability rankings well before the ASICs were made public.

As long as RVN is one of the most profitable to mine on a 1080ti, it seems that ASICs are either an insignificant factor, or in fact do not exist at all.

That is not true at all. Simply looking at previous coins that were privately mined before public ASICs were released. Monero even spiked after the announcement of the X3 release, and they had usual dips with the rest of the market.


I'm not talking about price fluctuation, I'm referring to reduced profitability based on difficulty increase. Every coin with "secret" ASICs sunk on WTM rankings (for GPUs) prior to the ASICs becoming public because their network hash rate increased at a rate decoupled from their market price relative to other coins on WTM. RVN has not done that.