One aspect many are missing about Raven

Cryptocurrency News and Public Mining Pools

One aspect many are missing about Raven

I have read tons of posts in this thread lately.. especially about price projections (some are realistic others are not IMO). I also typically do not post so please bear with me.

One facet of a rally that is missing from almost all arguments are the miners. And I come from a lot of experience here since I have been mining since 2014 and have over 150 rigs personally (roughly 750 GPUs and ASICs).

When Ethereum switches to PoS you are going to see millions of miners go to a new home. That home is very likely to be Raven or MTP (formerly Zcoin now called Firo). They are the closest coins to Ethereum as far as hardware requirements (no ASICs, only GPU, memory requirements similar, etc). When miners switch to a coin they typically also drive it up.

Yes, you can argue the chicken or the egg scenario of which comes first… a rally to attract the miners or the miners that cause a rally (lots of research has been done here and it is not conclusive but leads to miners leading the rally – though not consistent).

Pay attention to the Raven mining power… the higher it goes the higher raven will also likely go over time.

All the other arguments for a rally are sound. Raven is fast, cheap, and can fairly be called Bitcoin 3.0. Only main difference is the amount of coins that are available (1,000x BTC total)… but on that front remember that Ethereum has no actual limit on the number of coins. That has not stopped it from the $1 starting area way back when to over $2,000 today.

Just my thoughts… feel free to evaluate as you wish… I'm just going to go back to the mines now!

submitted by /u/thepopehat99
[link] [comments]