That's for sure but I guess it depends on what his goal is, he knows what the results are with his high hash rate, so I conclude he is doing this on purpose.

Are you asking why such a large hashrate is producing so few coins?

The block reward adjusts according to the network hashrate, rising to a certain point, then quickly dropping if the hashrate gets too high. You can check out a plot of the block reward function on this site. Just keep in mind that the reward calculation is based on the hashrate over time, not the instantaneous hashrate.

Coming soon

I'm wondering if there is a way to semi-automate the calculations and payments to save you some time.

I'm mining mostly on SuchPool but a little on SuperNova. I should switch some to the POM campaign but didn't yet.

Hi 111magic!

I will buy CoinMagi. Because Magi (XMG) the unique coin of the future keeps on growing!  

What do you think about try add XMG to EMPOEX.COM?

Good day everyone.

Check suprnova pool info:
https://xmg.suprnova.cc/index.php?page=statistics&action=pool

It was nice for a couple days at least, now it's time to slow down our miners again.

Coin Magi (XMG) first time Wallet installation for Windows, (just the basics here).

Note: I am not an expert, I just wrote down the procedures that I use.  Will some of the pro users out there mind proof reading this and let me know of any errors that need to be corrected or repost with corrections (thanks).  This is meant to be a very simple guide to help new users setup a wallet and get started, thanks!

Download the Windows wallet from: http://coinmagi.org/files/magi-release/m-wallet-latest-win.zip

Extract this file to where you want the wallet program folder on your computer.
Open the extracted folder and navigate to either "32" or "64" depending on your system - most current computers today will be "64" but if in doubt, you can always choose "32" and it will work.  From this folder, double click magi-qt.exe, this will launch the wallet and begin downloading the blockchain - be patient, it is a large download and could take a few hours to complete.  If it gets stuck, you can close the wallet and launch it again.  Also note, just launching the wallet can take a few minutes to actually open, this is normal, be patient Padawan.  

FYI - the downloaded files (blockchain and the wallet.dat) by default will be in -  Users \ *username* \ AppData \ Roaming \ Magi

Basic operations in the wallet

Overview - Exactly that, an overview of your balance and transactions.
Send coins - This is where you send coins from your wallet to another address.
Receive coins - List of your addresses, click new address to create a new address in your wallet, do this now if there is no address listed.  This will be your first Coin Magi address, you might want to copy and paste it in a text file somewhere so it’s handy.
Transactions - A list of all your transactions.

Backup your wallet!  (Very Important to do this NOW)
Click File - Backup wallet  -  Now give it a name and choose where you want your backup, this will initially be a very small file but will grow over time.  The default name is wallet.dat but I would recommend a more descriptive name such as magiwallet.dat.  Now - copy this file to a safe location just in case your computer melts down, something like a thumb drive.  Guard this drive and file, it is your wallet and could be very valuable, and at the moment is not encrypted.  edit... if you will be encrypting your wallet, then do the backup after you do the encryption.

Encrypt your wallet - this is optional but recommended in case of a hack or theft, remember, your wallet and coins are valuable.
Click Settings  -  Encrypt wallet  -  choose a passphrase and don't forget it.  You will use this password to unlock your wallet.  edit... If you choose to use encryption, then make your backup after encrypting, not before.  Also whenever you create a new address in your wallet, it's a good idea to make a new backup.

Ok that's the basics, now a new version comes out, how do you safely upgrade?

Upgrade Coin Magi Wallet to a new version:

First, technically this is not an upgrade procedure, it’s more like just downloading a newer wallet version and using it instead of the one you currently have, very easy.  The new version will utilize all of the data previously downloaded and will automatically use your existing wallet.dat file as well.

1. Backup your wallet again, just in case something goes wrong, same as above but what I do is give it another name like magiwallet2.dat  -  you can never have too many backups and this can be used to recover in the rare event that a wallet upgrade goes bad.

2. Make sure the wallet is closed.

3. Download the new wallet, extract the files, and run the new version of magi-qt.exe.  That’s all there is to it, easy peasy.

I personally do not delete the old version for at least a day just in case a bug appears, but so far, this has not been an issue with Coin Magi.  Hope this helps out a few new users who are worried about it being complicated – it’s really not very difficult.

Last step, join #magi in IRC for the rains (free coins) and then you can send them to your shiny new wallet.

edits: (thanks feldenthorne)
Do backups AFTER encryption and after creating new addresses.
Keep wallet open and unlocked for staking to earn interest.
Newer wallets will have an update reminder notification - so it's an alert to get the newest version, this is being implemented now.

I was not aware of this site. I like it, thank you for sharing it to us. 86 is a good rank among the thousand of shitcoins. But note that Magi is ranked 1% for Liquidity, and that's not really good ...

https://bitcointalk.org/index.php?topic=393147.6360

Magi already in the top 5 here. Only 1 extra vote and Magi is also on number 4! Thats a great result after such short voting-period.

There are a few bugs still, all related to the address tab.  The QR reader crashes if you try to import an address that has a balance.  I tried it with a new address and it imported that one just fine.  I just noticed a new bug, which is that if you try to import an address manually but don't finish typing it in, the add address text still shows if you switch to the XMG price or Network hashrate.  This text box goes away if you minimize the app and go back to it but it is kind of distracting.  This happened when I was trying to type in my address manually.  I moved the phone from being vertical to horizontal,  which makes it easier to type with two hands on the keyboard.  I tried rotating the phone to horizontal on the initial screen and it crashed the app, so it is defiantly having problems all around switching from vertical to horizontal screen shape.  I think fixing the text box bug in the horizontal screen position needs to be done before the app is officially released.

OK ! I you start such a campaign, I'll join it for sure ! About DirectBet : today they've launched the casino, which they call their "Playing Wallet" : https://casino.directbet.eu/. They've added CLAM, so maybe Magi will follow, I'll tell something to them about this. Also, now, with 41 votes, Magi is 4th ex-aequo with SpreadCoin !

Why not a Twitter campaign ? Users would have to retweet of tweet of yours that promote Magi. A few XMG would be given to anyone doing this. To prevent abuses, people would have to post here to tell which account is their, and only people that have at least 25 followers or so would be eligible !

Just loaded up the newly updated magi app in the google store and started playing around with it.  I tried to watch my main address and pointed the camera at the QR code, it found it and then the app stopped working and crashed.  On the price page, it might be nice to have the price and volume on the major exchanges.  The graph could be much smaller to put that information in.  The hashrate graph looks good, but would it be possible to change the time axis like it is with the price graph?  It would be nice to be able to zoom in and see what is going on over the last few hours.  Keep up the good work, the app is getting better all the time!