Ravencoin (RVN) is a blockchain platform designed specifically for asset creation and transfer, separating itself from general-purpose cryptocurrencies like Bitcoin or Ethereum. Built as a fork of Bitcoin, it launched on January 3, 2018 — exactly nine years after Bitcoin’s genesis block — with a strong focus on decentralization and fairness in mining. This guide walks you through everything you need to know about mining Ravencoin, including wallet setup, hardware selection, mining software configuration, and joining a mining pool.
Whether you're new to crypto mining or expanding your portfolio into niche Proof-of-Work (PoW) coins, this comprehensive walkthrough ensures you can start mining RVN efficiently and securely.
Understanding Ravencoin Basics
Before diving into the technical steps, let's review key facts about the Ravencoin network:
- Consensus Mechanism: Proof of Work (PoW)
- Mining Algorithm: X16R (ASIC-resistant)
- Block Time: 60 seconds
- Total Supply: 21 billion RVN
- Genesis Date: January 3, 2018
The blockchain browser for tracking transactions and blocks is ThreeEyed, though several alternatives exist.
As of now, approximately 868.97 million RVN have been mined — just over 4.14% of the total supply. The network maintains a relatively low global hashrate of around 1.3 terahashes per second (TH/s), with mining difficulty sitting at approximately 19,548. This makes RVN accessible for individual miners using consumer-grade GPUs.
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Step 1: Set Up Your Ravencoin Wallet
To receive mined RVN, you’ll first need a secure wallet. The official Ravencoin wallet is available at ravencoin.org, but downloads are hosted on GitHub due to security and transparency practices.
Download & Install the Official Wallet
- Visit the Ravencoin GitHub releases page.
- Choose the correct version for your operating system. For Windows users, download
windows-x86_64.zip. - Extract the ZIP file to a preferred folder.
- Run
raven-qt.exeto launch the wallet application.
Upon first launch, the wallet will prompt you to select a data directory. If your C: drive has sufficient space, use the default location. Otherwise, choose another drive with at least several gigabytes free — the blockchain grows continuously.
Note: While the network is only a few years old, the full blockchain currently takes up around 200MB, making initial sync fast and lightweight.
Once launched, the wallet begins syncing with the network. You don’t need to wait for full synchronization to generate an address.
Generate Your RVN Address
- Click “Receive” on the main interface.
- Then click “Request Payment”.
- A window will appear showing your public receiving address (e.g.,
raven:RNpiNJ2VL8x2ASWbmyWoyYoKPgH6PZ7EGo). - Copy this address — you’ll need it when configuring your mining software.
You can also scan the QR code for mobile use or share your address directly.
Step 2: Choose Mining Hardware
Ravencoin uses the X16R algorithm, which was specifically designed to resist ASIC dominance and promote GPU-based mining. This levels the playing field for home miners and helps maintain decentralization.
While no ASICs currently dominate the network, always monitor community updates for changes in hardware trends.
Recommended GPUs for RVN Mining
Here’s a list of popular graphics cards and their average hashrates:
AMD GPUs:
- RX 470 4GB: ~4.5 MH/s
- RX 480 8GB: ~7.0 MH/s
- RX 570 4GB: ~5.0 MH/s
- RX 580 8GB: ~7.0 MH/s
NVIDIA GPUs:
- GTX 1050 Ti 4GB: ~4.0 MH/s
- GTX 1060 3GB: ~4.5 MH/s
- GTX 1060 6GB: ~5.0 MH/s
- GTX 1070 8GB: ~8.0 MH/s
- GTX 1070 Ti 8GB: ~10.0 MH/s
- GTX 1080 8GB: ~10.5 MH/s
- GTX 1080 Ti 11GB: ~15.0 MH/s
For this tutorial, we'll assume you're using an NVIDIA GTX 1060 3GB, a widely available and energy-efficient option.
Step 3: Select and Configure Mining Software
Several mining clients support X16R, but one reliable option is Nevermore Miner, optimized for stability and performance on both AMD and NVIDIA cards.
Installation Steps
- Download Nevermore Miner from its official source.
- Extract the files to a dedicated folder (e.g.,
C:\RVN_Miner). - Inside, locate the
example.cfgfile — this is your configuration template.
Edit Configuration File
Open example.cfg in a text editor like Notepad++. Replace the content with the following structure:
pools = stratum+tcp://rvn.f2pool.com:6666
user = YOUR_RVN_WALLET_ADDRESS.YOUR_WORKER_NAME
pass = xReplace:
YOUR_RVN_WALLET_ADDRESSwith your actual Ravencoin address (from Step 1)YOUR_WORKER_NAMEwith a custom label (e.g.,miner1,officePC, etc.)
Save the file as mine_rvn.bat or keep it as .cfg if launching via script.
Double-click the file to start mining. If configured correctly, you should see green text indicating connection success and real-time hashrate output.
Look for indicators like:
"Connected to pool""Accepted share"- A stable MH/s reading
If errors occur, double-check your wallet address and internet connection.
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Step 4: Join a Mining Pool – F2Pool Example
Solo mining RVN is impractical due to low individual hashpower. Most miners join pools to combine efforts and earn consistent rewards.
F2Pool supports Ravencoin and holds roughly 25% of the total network hashrate, making it one of the largest and most reliable options.
Track Your Earnings
To view your mining stats:
- Go to F2Pool’s website.
- Click the magnifying glass icon (search).
- Select RVN as the coin.
- Enter your wallet address.
- Click “View”.
After a few hours of continuous mining, F2Pool will display:
- Real-time hashrate
- Number of accepted shares
- Estimated daily earnings
- Payout history (when threshold reached)
Payouts are typically automatic once you reach the minimum withdrawal limit (usually around 1–2 RVN).
Frequently Asked Questions (FAQ)
Q: Is Ravencoin still profitable to mine in 2025?
Yes, especially with mid-tier GPUs. Due to its ASIC-resistant design and moderate difficulty, RVN remains accessible for hobbyists and small-scale miners. Use online calculators to estimate profitability based on electricity cost and hardware efficiency.
Q: Can I mine Ravencoin with multiple GPUs?
Absolutely. You can build a multi-GPU rig using PCIe risers and a compatible motherboard. Most modern mining software supports multi-GPU setups out of the box.
Q: Does Ravencoin plan to switch to Proof of Stake?
No official plans have been announced. Ravencoin remains committed to Proof of Work to preserve decentralization and miner participation.
Q: How often are blocks found on the Ravencoin network?
Every 60 seconds, maintaining a steady issuance rate and transaction throughput.
Q: What happens when all 21 billion RVN are mined?
Mining rewards will cease, but transaction fees may incentivize continued network support — similar to Bitcoin’s long-term model.
Q: Are there alternative pools besides F2Pool?
Yes, other reputable pools include Flypool, 2Miners, and HeroMiners. Always compare fees, payout thresholds, and server locations for optimal performance.
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Final Thoughts
Mining Ravencoin offers a practical entry point into cryptocurrency for those with spare GPU capacity. With its fair launch, active community, and resistance to centralized mining hardware, RVN stands out in a crowded market.
By following this guide — setting up a secure wallet, choosing suitable hardware, configuring efficient mining software, and joining a stable pool — you’re well-equipped to begin earning RVN today.
Remember to monitor network difficulty, electricity costs, and market prices regularly to ensure ongoing profitability.
Stay informed, mine responsibly, and enjoy contributing to a decentralized future.
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