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Binance Pool Launches Ravencoin (RVN) Mining Pool Following Ethereum’s Move to PoS

Binance· 1 min read

Binance officially announced the launch of Ravencoin mining services, it would charge a 1% mining fee, and users could only participate in the pool after verifying their accounts.

What is  Ravencoin

Launched on Jan. 3, 2018, Ravencoin (RVN) is an open-source network that allows almost instant transactions between holders. Built on a fork of the Bitcoin code, the project uses the UTXO (Unspent Transaction Output) system. Ravencoin relies on the proof-of-work (Pow) consensus mechanism and the KAWPOW algorithm.  

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Fellow Binancians,

Binance Pool has officially launched the RavenCoin (RVN) mining service, which utilizes the PPS+ settlement method. Mining fees for the RavenCoin (RVN) mining pool are set at 1%.

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