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Mining Ravencoin is a technique to acquire RVN coins by taking part in the network operation. A strong graphic card (GPU) and a computer are used to solve algorithmic problems. The system identifies the correct answer; you get the coins as a reward.
Ravencoin has implemented a KAWPOW algorithm for mining. This allows the GPU of the ordinary users to mine without too much difficulty and not only the big corporates. Such an approach makes the system well distributed and open allowing more people to participate in mining. If you want to mine more often you need to join a mining pool to work together with others.
At first, a wallet, mining software such as T-Rex or TeamRedMiner and a pool are required to be set in place to begin. Then you are going to handle the machine and manage the blocks as well as being rewarded for playing your part in protecting and ensuring the network's speed. It’s easy, enjoyable, and profitable.
Ravencoin has implemented a KAWPOW algorithm for mining. This allows the GPU of the ordinary users to mine without too much difficulty and not only the big corporates. Such an approach makes the system well distributed and open allowing more people to participate in mining. If you want to mine more often you need to join a mining pool to work together with others.
At first, a wallet, mining software such as T-Rex or TeamRedMiner and a pool are required to be set in place to begin. Then you are going to handle the machine and manage the blocks as well as being rewarded for playing your part in protecting and ensuring the network's speed. It’s easy, enjoyable, and profitable.
