RavenCoin (RVN) up 20% as Binance Makes Major Mining Announcement

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Proof-of-work blockchain RavenCoin (RVN) surges 20% on Binance mining news ravencoin raven rvn binance mining bnb $bnb $rvn

the launch of RVN mining pool, the native token of the RavenCoin project, a proof-of-work blockchain. The RVN price reacted appropriately to the announcement, especially as it was about major crypto exchange.In just half an hour, the price of RavenCoin rose 18%, hitting 0.02485 and beating all of the declines of the past two weeks. The last time RVN quotations were similarly positive was in late August and early September, when the transition ofRVN mining on Binance is available right now.

The mining fee is 1%, and the number of active pool members is 32. At the same time, the RavenCoin mining hash rate is currently 942.7 megahashes per second, and the total network hash rate is 10.72 per second.In addition to the RavenCoin mining pool , Binance has announced an upcoming initial exchange offering for the Hooked Protocol project token, HOOK. The exchange will allocate 5% of the token's total supply, i.e., 500 million HOOK, to the token sale. The token will be priced at 0.

 

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