hey to all you cave guys and cave gals
caveman mining here i hope everyone is well and having a phenomenal day on today's video
i wanted to bring some closure to the topic of our solo mining journey as you guys know we
have been solo mining ravencoin for just about a week actually a little bit over a week
technically and uh long story short is uh we did a little bit of gambling sometimes in
gambling you win and you lose you win some you lose some but you live you live to fight
another day i don't want to spill the beans how about some more i'd say you've had enough
but in our particular case we did lose the gamble and i will go through that with you guys and
explain a little bit about the things that have transpired over the last week but before
we get into the negative stuff i wanted to put in a little bit of a positive plug and uh let
you guys know to watch the whole video because at the end of this video we are going to be
announcing a sweet giveaway involving ravencoin and that is going to be sponsored by minerpool.org
and we're going to be explaining a little bit about some things that we are going to
be doing with them involving their pool and our next steps with ravencoin uh next steps
here is we're going to take a jump upstairs into the laptop and uh we're gonna go over or
recap the last week of solo mining ravencoin so we'll see you there in just a moment okay guys
so we're in the laptop here and i'm going to jump right to it and cut to the chase so as you
guys know we remind raven coin on solo mining for over a week and uh the quick result is
we got nothing we got the big donut hole we got zero rewards so you get nothing you lose
good day sir now uh i'm a little bit bummed out but in the same uh respect it was a high potential
and a high possibility that this would happen and of course it did our personal luck did grow over
the course of the week i think we started out with i think 29 and then ramping up to about 40 50
60 and i think we got all the way up to 67 now what you guys are looking at here i did take
uh or i'm taking off as we speak the machines from uh two miners so you'll see some of the
workers uh getting pulled off and the hash rates drinking i would i'd rather be telling you guys
we hit a block and you know be jumping with joy for excitement but that's the reality and hey
we're gonna move on here i think the strategy that we did with pointing our whole farm in
retrospect was not a solid strategy right so you know we're really burning all of our hashing power
there was no passive income for me for over a week it was an experience a learning experience i think
if i was to solo mine again i would probably just choose one or two cards and then have the rest
of my farm doing either pool mining regular pool mining or raven coin or mining ethereum or what
have you so you know let me know in the comments below what uh if anyone is solo mining ravencoin
like what is your strategy uh beyond the having and um we'll see what happens when ethereum goes
you know proof of stake you know how much more valuable or how much more utilized raven coin
is and we'll kind of gauge things as we go from there but the next step for our farm is we're
gonna take all of the hash rate we had about 370 mega hash on ravencoin and we are going to
just do regular pool mining and we're going to be doing this with minerpool.org and i'm going
to be doing this myself for a week and i would want to see what is the reward structure that
we get at the end of the week how much ravencoin can we actually obtain and i wanted to cover with
you guys how to use minerpool.org as a mining pool to mine ravencoin and we'll go through that super
quick here now if you guys go to minerpool.org the first thing you're going to see is um
ravencoin's loyalty program so we're going to go ahead and click start mining and that's gonna
bring us to a page that has uh two options one is a wallet and one is connect we're gonna go ahead
and hit connect so we're gonna be presented with three options for uh minerpool.org pool mining
the first is eu and you can see the servers and the ports here below just to note on each three of
those geo countries it's the same order the top uh server is for regular gpu mining the second one
is for nice hash third one is for the static uh port for nicehash so we are in the us so we're
gonna go ahead and choose that i've gone ahead already and i've plugged this information into ios
and into our windows uh machines that are mining ravencoin so if we tab over to hive os really
fast here we're going to go ahead and hit the edit button on our flight sheet just so we can
kind of get a bit more of an intimate look at the settings so if you guys want to use this pool
which i encourage you to do because i'll explain two really good reasons why you should use this
pool uh now and why you should be using this pool after the having what i want to do with you really
quick is just show you a capture in hive os here and go over the flight sheet and the minerpool.org
settings so i have one cooked up here i'm just going to hit edit so the first thing you want
to do is you want to have your coin set to raven your wallet set to your raven wallet and uh
make sure you change your pool to minerpool.org configure your server up to the proper geolocation
server for us it is the u.s north america server and we did a split of two different um miners team
red miner and t-rex miner just because we have a split of nvidia and uh amd cards so that just made
sense for us and then once that's all set you just go ahead and hit update or apply and apply it
to all workers so that is a quick snippet of how we can set this up within hive os and you can
see here that we're already hashing away at 276 277 mega hash per second and if we look at the
windows end i'm just going to go ahead into a bat file that i used for us we're using t-rex miner
because this is an nvidia card so you have your kapow algorithm your stratum server which
is the raven us.minorpool.org in our port space dash u space wallet dot worker space minus
p and then you want to put in a password okay so once you have everything mining away you can now
go back into raven.minerpool.org and you can go ahead and on the top button you can go ahead and
paste in your wallet address that will come up but once we get into the dashboard we can obviously
see our cash rate over the days weeks and months that's pretty cool uh we can see it on a more
digital versus a linear format here on the left hand side to see your current five minute average
uh one hour three hour 12 hour 24 hours so on and so forth we can go ahead and see our balance in
the middle here to see what's pending on paid total paid minimum payout uh threshold set to one
ravencoin and then you can go ahead and change the amount of coins so i just wanted to cover at
a high level the minerpool.org loyalty program this is what i would call a little bonus or extra
incentive on top of just raro using their pool for mining so miners that continuously use their
pool are rewarded with extra coins every week when the loyalty campaign is active so look out
for that little green on button so uh the loyalty programs are supported entirely from their funds
meaning the pools funds so when the funds are over the campaign turns off for all miners so you'll
actually be able to see that uh red off button on their pool live on the gui so they just want
to give an example so they offer a loyalty extra bonus for every uh 10 coins for every 100 mega
hash over a week so you need to continuously mine for the whole week with an uptime of at least 95
so it's really an incentive to stay connected to their pool which is really cool there's not a lot
of mining uh ravencoin pools that do this reward system out there uptime is refreshed every minute
at the end of each uh loyalty program week they they pay out the rewards based on your average
hash hash rate for the last seven days so if your up up time isn't accomplished the week bonus is
gone right at that point and then the next loyalty program will start over from scratch for all
minors so if you don't have a hundred mega hash no harm no foul for example if you mine with a seven
day average of a hash rate of 20 mega hash that's one equivalent to a one times of a 1080 ti card so
after one week of mining you'll get a proportional bonus of the 10 extra coins um there is a cap
limit of the rewarded hash rates you know take a look at this program uh on here i think it's it's
pretty cool and there's a disclaimer here it says don't try to cheat on that using multiple mining
addresses or other methods so i mentioned to you guys there was a couple reasons why we chose to
use minerpool.org one is that i learned through chatting with them over the last couple weeks that
we know the having is coming up in january january 11th to be specific they are claiming that even
after the havoc happens they will be retaining the reward set that exists today so they're not
actually going to be cutting the rewards in half so this should be a huge incentive for miners
to hop over to their pool uh who are you know considering to mine ravencoin or if they're doing
it today and they want to do continue to do it after the having that is something huge now i'm
not sure if any other pools out there are doing it i didn't go into length with some of the
owners and the folks that run minorpool.org what their plan is in terms of how long they
would plan to uh retain the current reward set even after the having maybe they have an idea
that once they get a good amount of hash rate over or people start to join their pool maybe
they'll slowly wean or conform to the new reward set i'm not quite sure but um again for me if i'm
mining ravencoin that incentive is sure i'm gonna hop right over to minerpool.org so that's the
deal and um to let you guys know what our plan is i plan to point all of the hash rate all of my
farm over for the next week uh using minerpool.org to see how much ravencoin we can obtain and
uh really checking out this loyalty program as at this moment it's on so i want to see how much
extra ravencoin we can earn i think that'll be pretty cool to see the other thing i wanted to
mention regarding minerpool.org is this video is actually sponsored by them today and uh we're
teaming up with minerpool.org to do a giveaway for 500 raven coins now i wanted to just quickly
go over to the rules and how this giveaway is going to be working so we're going to choose one
lucky winner we're not going to split this up so and the contest start date is going to be
december 11 2021 and it's going to run until the 13th of december 2021 so that being said in
this video here uh as we're speaking i want you guys to comment below using the special keyword
which is going to be avocado step two is going to be you must mine ravencoin for a minimum
of three hours on minerpool.org step three we're going to be putting a google's form document
uh link in the description below so please after you watch this video click on the google forms url
and you must fill out your youtube account name and then put in your ravencoin address right next
to that that you have used for the three hours of mining on minerpool.org and then after that guys
we will go ahead and uh announce a winner you need to pay attention to the content that i put out the
best way to do that is to hit the subscribe button hit hit all the bells so you'll be notified when
we do do the announcement of the giveaway so uh once we choose the winner we'll be doing a random
comment picker on the recorded uh a video for the announcement and then shortly after immediately
after uh we make the announcement we're gonna be head going ahead and sending the 500 raven coin
funds provided by minerpool.org over to your wallet so that said guys i wish you all good
luck i am super excited to have minerpool.org on board to do this giveaway i think it is a
awesome thing for you guys as a community and it's a great way for us youtubers to stay in touch with
the mining pool uh developers and owners as well as back to you guys into the community to let you
know what's going on and draw awareness to some of the things that will affect you so with this said
guys i'm gonna cut the video here there's not much else to say we will do a check-in based off of
everything we have here shortly and i just want to wish you guys all a wonderful rest of the week
and i will see you on the next video take care
