RVN MINING is an international company committed to providing global users with a comprehensive suite of digital asset services. We specialise in research and development into the future of Fintech, such as quantitative mining, leveraged GFT mining systems, cloud storage systems and enterprise-management software.
RVNMINING , we have sworn to uphold the principles of professionalism, innovation, collaboration, and integrity to constantly create and redefine value for our users. By analysing new opportunities, continuously building relationships, and executing the best strategies with our clients in mind.
Ravencoin is a peer-to-peer network that uses an open-source version of the Bitcoin blockchain. Thus, Bitcoin's network infrastructure has been modified to suit the needs of RVN MINING. Also, it is a Bitcoin code fork.
Ravencoin uses a form of Proof-of-Work (PoW) mining with lime. Thus, to get RVN, miners need to solve a series of increasingly difficult mathematical problems with their computers.
Why Weare Accepting Payment
The global crypto currency market size was valued at $1.49 Trillion in 2020, and is projected to reach $4.94 Trillion by 2030, growing at a CAGR of 12.8% from 2021 to 2030. Cryptocurrency is also known as virtual currency.
Crypto currencies like Bit coin and Ethereum are powered by a technology called the block chain. At its most basic, a block chain is a list of transactions that anyone can view and verify. The Bit coin block chain, for example, contains a record of every time someone sent or received bit coin. Crypto currencies and the block chain technology that powers them make it possible to transfer value online without the need for a middleman like a bank or credit card company. Imagine a global, open alternative to every financial service you use today, accessible with little more than a smartphone and internet connection.
Ravencoin is a fork of Bitcoin, so it is protected by the power of decentralization and mathematics. It uses a proof-of-work mining algorithm called KAWPOW, which replaced X16R and X16RV2 on May 6, 2020. Not only does this ensure security it is designed to be ASIC resistant.
The X16r algorithm group employed initially uses 16 different hashing algorithms for each mining block, but the order in which they are used is different for every block and is derived from the last 8 bytes of the hash of the previous block.