{"id":58692,"date":"2022-01-18T23:01:52","date_gmt":"2022-01-18T15:01:52","guid":{"rendered":"https:\/\/www.hongkiat.com\/blog\/?p=58692"},"modified":"2022-07-18T20:47:45","modified_gmt":"2022-07-18T12:47:45","slug":"ravencoin-mining-guide","status":"publish","type":"post","link":"https:\/\/www.hongkiat.com\/blog\/ravencoin-mining-guide\/","title":{"rendered":"How to Mine Ravencoin (RVN) On Your PC"},"content":{"rendered":"<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ravencoin.org\/\">Ravencoin<\/a> is one of the most straightforward <a href=\"https:\/\/www.hongkiat.com\/blog\/tag\/crypto-mining\/\">crypto assets to mine<\/a>. This Ravencoin mining guide will show you how to mine RVN coins, expand your crypto holdings and produce passive income.<\/p>\n<p>You may choose to <em>mine the coin on your own<\/em> or <em>join a mining pool<\/em> to improve your odds of success.<\/p>\n<div class=\"ref-block ref-block--post\" id=\"ref-post-1\">\n\t\t\t\t\t<a href=\"https:\/\/www.hongkiat.com\/blog\/mining-shiba-inu-pc\/\" class=\"ref-block__link\" title=\"Read More: How to Mine Shiba Inu (SHIB)\" rel=\"bookmark\"><span class=\"screen-reader-text\">How to Mine Shiba Inu (SHIB)<\/span><\/a>\n<div class=\"ref-block__thumbnail img-thumb img-thumb--jumbo\" data-img='{ \"src\" : \"https:\/\/assets.hongkiat.com\/uploads\/thumbs\/250x160\/mining-shiba-inu-pc.jpg\" }'>\n\t\t\t\t\t\t\t<noscript>\n<style>.no-js #ref-block-post-58529 .ref-block__thumbnail { background-image: url(\"https:\/\/assets.hongkiat.com\/uploads\/thumbs\/250x160\/mining-shiba-inu-pc.jpg\"); }<\/style>\n<\/noscript>\n\t\t\t\t\t\t<\/div>\n<div class=\"ref-block__summary\">\n<h4 class=\"ref-title\">How to Mine Shiba Inu (SHIB)<\/h4>\n<p class=\"ref-description\">\n\t\t\t\t\t\tShiba Inu (SHIB) is emerging as a really popular cryptocurrency and a lot of people are showing interest...\t\t\t\t\t\t<span>Read more<\/span><\/p>\n<\/div>\n<\/div>\n<h2>Advantages of mining Ravencoin<\/h2>\n<p>These are some of the unique qualities that make Ravencoin an interesting cryptocurrency to mine:<\/p>\n<ul>\n<li>Ravencoin is just halfway through its worldwide supply, which provides plenty of motivation for new miners to join<\/li>\n<li>It\u2019s completely open-source and community-driven.<\/li>\n<li>It features Equo Launch, which guarantees everyone an equal opportunity to mine or acquire RVN, no tokens are issued at the launch.<\/li>\n<li>Ravencoin lets you generate and sell any real-world asset and digital asset over a network.<\/li>\n<li>Institutional investment in cryptocurrency is not out of the question, and Ravencoin\u2019s transparent and dedicated blockchain makes it an attractive digital asset with plenty of interest.<\/li>\n<\/ul>\n<h2>Mining Ravencoin (RVN)<\/h2>\n<p>To mine Ravencoin, you will first need a wallet, then install the mining script on your PC and let it run, and finally, check your mining stats on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/unmineable.com\/\">Unmineable.com<\/a>.<\/p>\n<p>Let\u2019s get started.<\/p>\n<h3 id=\"step1\">Step 1: Get a Ravencoin wallet<\/h3>\n<p>Like with most other crypto <a href=\"https:\/\/www.hongkiat.com\/blog\/proof-of-stake-crypto\/#mining\">mining methods<\/a>, you will need a wallet to transfer your mining rewards.<\/p>\n<p>You can use any of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ravencoin.org\/wallet\/\">3rd party RVN wallets<\/a> (look under \"3rd Party Wallets\") or an exchange wallet. However, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ravencoin.org\/wallet\/\">official Ravencoin wallet<\/a> (look under \"Desktop Downloads\"), aka Raven Core, is preferred.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/ravencoin-mining-guide\/01-ravencoin-desktop-wallet.jpg\" alt=\"ravencoin desktop wallet\" width=\"1500\" height=\"1089\"><\/figure>\n<p>For this guide, we are going to use the Windows version.<\/p>\n<p><strong>Note:<\/strong> When you download the wallet software, you\u2019ll get a warning from the operating system that it will be stopped because it might harm your device. It is the case with the majority of crypto applications.<\/p>\n<p>After Raven Core is downloaded and installed, the next step is to create a new wallet. Make a note of the seed phrase so you can retrieve your wallet if something happens to your device.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/ravencoin-mining-guide\/02-wallet-setup.jpg\" alt=\"ravencoin wallet setup\" width=\"1500\" height=\"607\"><\/figure>\n<p>After creating the wallet, allow enough time for the Raven Core wallet to be synchronized with the blockchain. You\u2019ll need to obtain an RVN\u2019s receiving address. You can get it by going to Receive &gt; Request Payment &gt; Copy Address.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/ravencoin-mining-guide\/03-copy-address.jpg\" alt=\"copy ravencoin address\" width=\"1500\" height=\"1014\"><\/figure>\n<p>You may optionally add a label to this address to indicate that these are Ravencoin mining rewards.<\/p>\n<h3>Step 2: Get the XMRig MSVC<\/h3>\n<p>Download the <strong>XMRig MSVC<\/strong> from its official site or the Github repository. Extract the .zip,  and open up the file <em>pool_mine_example.cmd<\/em> (inside XMRig folder) with your code or text editor.<\/p>\n<p>Look for codes similar to the following:<\/p>\n<pre>\r\ncd %~dp0\r\nxmrig.exe -o pool.hashvault.pro:3333 -u 48edfHu7V9Z84YzzMa6fUueoELZ9ZRXq9VetWzYGzKt52XU5xvqgzYnDK9URnRoJMk1j8nLwEVsaSWJ4fhdUyZijBGUicoD -p x\r\npause<\/pre>\n<p><strong>Changing the Pool URL<\/strong><\/p>\n<p>The Pool URL is located in between <code>xmrig.exe -o<\/code> and <code>-u<\/code>. Replace the existing with either of the following, depending on which is nearer to your current location:<\/p>\n<pre>\r\nUSA: rx-us.unmineable.com:3333\r\nEurope: rx-eu.unmineable.com:3333\r\nAsia: rx-asia.unmineable.com:3333\r\n<\/pre>\n<p><strong>Adding your wallet address<\/strong><\/p>\n<p>Add a new line in between <code>xmrig.exe.....<\/code> and <code>pause<\/code>, and paste in this line of code:<\/p>\n<pre>\r\nRVN:RXsEDR2XD91EabXa2QScdBQ8Zfh36pbN1p.wkid01#e4xd-wmzl -p x\r\n<\/pre>\n<p>Replace the current address (<code>RXsEDR2XD91EabXa2QScdBQ8Zfh36pbN1p<\/code>) with your raven wallet address.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"#step1\">Refer back to Step 1<\/a> if you are unsure of your address.<\/p>\n<p>The <strong>workerID<\/strong> (<code>wkid01<\/code>) can be the name of your computer or the name of the machine assigned for the mining.<\/p>\n<p>The code after <code>#<\/code> (<code>e4xd-wmzl<\/code>) is important; it helps reduce the mining fee from 1% to 0.75 percent.<\/p>\n<p>After making all the changes, your final set of codes should look something like the following:<\/p>\n<pre>\r\ncd %~dp0\r\nxmrig.exe -o rx.unmineable.com:3333 -u \r\nRVN:RXsEDR2XD91EabXa2QScdBQ8Zfh36pbN1p.wkid01#e4xd-wmzl -p x\r\npause\r\n<\/pre>\n<p>Now, right-click <em>pool_mine_example.cmd<\/em> and run the file as administrator, and you should be mining Ravencoin in no time.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/ravencoin-mining-guide\/04-raven-coin-mining.jpg\" alt=\"rvn mining\" width=\"1500\" height=\"766\"><\/figure>\n<h3>Step 3: Check your mining Stats in Unmineable<\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/unmineable.com\/\">Unmineable.com<\/a> is a mining pool that pays you in whatever coin you want for mining with your CPU utilizing RandomX.<\/p>\n<p>Log into Unmineable and then select Ravencoin as the coin you want to mine.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/ravencoin-mining-guide\/05-mineable.jpg\" alt=\"unmineable.com\" width=\"1500\" height=\"1004\"><\/figure>\n<p>Select RVN as your cryptocurrency. Go to the RandomX Tab and paste your address into the box that says \u201cEnter your address to check your stats:\u201d Then click on the green button.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/ravencoin-mining-guide\/06-mineable-stats.jpg\" alt=\"check your stats\" width=\"1500\" height=\"1052\"><\/figure>\n<p>You\u2019ll be able to examine your account balance and even request a payment once you\u2019ve done this.<\/p>\n<h2>Conclusion<\/h2>\n<p>As the mining of RVN becomes more competitive, the difficulty of mining it will increase. As the network grows in hash power, modifications are made to accommodate it. That can only mean that solo mining at home will become less effective.<\/p>\n<p>To aid decentralization, you may join one of these smaller pools. And maybe with your hash power, that smaller pool will begin finding a block a day.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ravencoin is one of the most straightforward crypto assets to mine. This Ravencoin mining guide will show you how to mine RVN coins, expand your crypto holdings and produce passive income. You may choose to mine the coin on your own or join a mining pool to improve your odds of success. Advantages of mining&hellip;<\/p>\n","protected":false},"author":387,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3398],"tags":[4620,3825],"topic":[],"class_list":["entry-content","is-maxi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Mine Ravencoin on Your PC - Hongkiat<\/title>\n<meta name=\"description\" content=\"Ravencoin is one of the most straightforward crypto assets to mine. 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