which miner is currently fastest for Haswell cpus ?
We have few senior guys here on the optimizing things. Spexx, MarcusDe, could you take a look? and evilmuffinman too? Cheers. |
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This community is the coin's strength. Long live Magi. Observing the wild fluctuation in net hash rate (and thus the block difficulty) has given me a few ideas - not all of them good ones - but I would like to see a smoother contour to the graph. Am I right in thinking that the net hash rate is estimated from the time taken to mine the previous block? It certainly seems that way. My best thought was to alter this so that the net hash rate be calculated from the average time to mine the previous 3, 4 or 5 blocks say, which ought to smooth out the graph considerably and be more representative of the trend. Doing this would probably result in there being no blocks with a reward higher than 5 and discourage the big miners - even the obstinate ones. I like the block reward system as it is and would not want to see any change in that just yet, so the only change I am thinking of is the way the net hash is calculated - a small tweak. From the current stats on the pools, if the big miners restricted their hash rate to just 2 Mh/s then it would shave off about 20 Mh/s from the total. Similarly, if they were to restrict themselves to 1.5 Mh/s it would shave off about 30 Mh/s. This would still not be enough to get the average net hash rate into the optimum range around 45 Mh/s most of the time but would certainly be an improvement. The big miners need to understand that throwing too much hash at this coin is counter-productive. That one big obstinate anonymous miner throwing 10+ Mh/s at it could be using just a tenth of that hash and would still be in with a very good share of a block reward that is sixty times the minimum value. I am hoping that this message gets across sometime soon. Use less energy and reap greater rewards - work smart, not hard and stop using a sledgehammer to crack a nut.
Good idea, Spexx, will look into the difficulty adjustment approach to smooth out the fluctuation. |
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Great feedback Joe thank you. This is all great talk, this is what already sets magi apart against 97% of the coins. Once the other 75% of the existing industry hears the mining potentials of magi, and investors see this continued progress, we as a community will be on the right track. This is all working up to be that way.. keep it up guys, everyone keep updating reports and spread around the PoM campaign PROOF OF MINING CAMPAIGN MAGI - join in here: https://bitcointalk.org/index.php?topic=802681.0
bump up PoM  |
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Joined the proof of mining campaign.
AMD FX8350 running 6 cores gives approx 78 kh/s with the miner cpuminer_win64_magi_byMarcusDe-bdver2-0922
How you like your 8350? You can squeak 100Kh/s out of that bad boy. really? what miner gives that results? I don't wanna run 8 but max 6 cores. Atomicat, we need an instruction here. I have AMD 8350 too getting 90 Kh/s in my Xubuntu system (8 cores). |
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I posted the following in our ANN thread, but I think it should get attention at here too. The big miners will try to come because they know the benefits this new algo brings to the table. We can try to a little different concept...
This is just my suggestion... what about lowering the block payouts when higher hash comes, then go back to normal when it levels out? Because the potential of the big miners dumping is more than likely.. so even if the regular miners are getting essentially less XMG until those miners leave, it is keeping the price point stable enough and attracting the interest of the long term growth of magi. So.. it wouldn't be hurting the overall ROI as they would be if they were allowed to continue...
So I agree, restricting hash rate or blocking payout after 'X' amount of hashrate or another method, is very logical in its success.
Just my thought. I don't see it as a big problem, but it can be once more people find out about magi !
Any ideas guys?
It might be worth to get a heavier sharpness in cutting off rewards when big miners come to the network. However, the reason of big miners staying in pools could be because of the fluctuation of net hashrate. The fluctuation causes the average block reward higher than the minimum, that seems still attractive to big miners. (general miners will be happy, but remember big miners will be more happy with that).
According to the diff vs time graph, the lowest diff is around 2, corresponding to block reward of ~200 XMG. diff = 2 means hashrate is a little bit less than 50 MH/s. Notice that the block reward will remain to be 5 XMG if hashrate > 55 MH/s. That being said, if we add 10 MH/s into the network, what gonna happen? The minimum net hashrate will be 60 MH/s, block reward will be at 5 XMG; surely this is a bad news to general miners, but will be rather worse to big miners (I assume they do care about the earnings, not something like unbelievable crazy guys).
So that's why we need the PoM campaign! All, please contribute the hashrate as much as possible, and sign up the campaign. |
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The big miners will try to come because they know the benefits this new algo brings to the table. We can try to a little different concept...
This is just my suggestion... what about lowering the block payouts when higher hash comes, then go back to normal when it levels out? Because the potential of the big miners dumping is more than likely.. so even if the regular miners are getting essentially less XMG until those miners leave, it is keeping the price point stable enough and attracting the interest of the long term growth of magi. So.. it wouldn't be hurting the overall ROI as they would be if they were allowed to continue...
So I agree, restricting hash rate or blocking payout after 'X' amount of hashrate or another method, is very logical in its success.
Just my thought. I don't see it as a big problem, but it can be once more people find out about magi !
Any ideas guys?
It might be worth to get a heavier sharpness in cutting off rewards when big miners come to the network. However, the reason of big miners staying in pools could be because of the fluctuation of net hashrate. The fluctuation causes the average block reward higher than the minimum, that seems still attractive to big miners. (general miners will be happy, but remember big miners will be more happy with that). According to the diff vs time graph, the lowest diff is around 2, corresponding to block reward of ~200 XMG. diff = 2 means hashrate is a little bit less than 50 MH/s. Notice that the block reward will remain to be 5 XMG if hashrate > 55 MH/s. That being said, if we add 10 MH/s into the network, what gonna happen? The minimum net hashrate will be 60 MH/s, block reward will be at 5 XMG; surely this is a bad news to general miners, but will be rather worse to big miners (I assume they do care about the earnings, not something like unbelievable crazy guys). So that's why we need the PoM campaign! All, please contribute the hashrate as much as possible, and sign up the campaign. |
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I always have something to say. Do you want me to say something that will make network hashrate lower? But you might not like it as long as blow away big miners pls.  |
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Guys, put XMG address in your sig so that others can tip you when you helped them.
Says the most helpful user with no xmg address in his sig.  Just wanted to say I bought some xmg traded in my magicoin and dedicated some cores to mine. Will attempt to bring my less tech savvy friends into the magi fold and put their computers to work. Very nice, evilmuffinman�. I believe help & thanks (tips) will help us each other and make us a nice community too. Tips are a great idea! Helps us to encourage helping each other and something nice to look for. The more the coins spread around the better for us all. I've got Kestrel, Condor and Owl (computers) mining away but usually not all at the same time unless the net hash rate drops. XMG: 9Romi8ZpevAwcu218gNsuCrv8i9Li6oarj Somehow our recent updates get big miners back. https://bchain.info/XMG/ A slight increase in difficulty happened after a few updates since 09/28. We have about 570 active miners. @Bojcha I know you have a lot to say, while I am not able to solve about that effectively people smart enough get me a solution I'll go with, while I am keeping thinking about what to do. And I think no one wants to change the block reward any more, right? Anyone? (personally I do like to) |
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Guys, put XMG address in your sig so that others can tip you when you helped them.
i can only cook some coffie. hey Bojcha  |
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I'm getting around a 45-50Khs average with free VPS and i5-3570k(2 cores stock). Does that sound about right?
i5-3570k seems not worth (20kh/s?), up to you. did you fill out the google forum to sign up? |
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I'm both mining and buying xmg, I filled out the form, Thanks!
Strong supports here, thanks! |
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Guys, put XMG address in your sig so that others can tip you when you helped them.
Says the most helpful user with no xmg address in his sig. Just wanted to say I bought some xmg traded in my magicoin and dedicated some cores to mine. Will attempt to bring my less tech savvy friends into the magi fold and put their computers to work. Very nice, evilmuffinman . I believe help & thanks (tips) will help us each other and make us a nice community too. |
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Guys, put XMG address in your sig so that others can tip you when you helped them.
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We current have 51 participants; need more registration.
I signed up - how can I check if I participate? Is or will be such a list? I will make a list. |
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We current have 51 participants; need more registration.
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Maybe he is talking about mining or something else, anyway I loved much XCN. |
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Joined the proof of mining campaign.
AMD FX8350 running 6 cores gives approx 78 kh/s with the miner cpuminer_win64_magi_byMarcusDe-bdver2-0922
Thanks for support. |
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Great idea joel, lets get some donations setup for them. Good work CoinMarketApp Team, its time to shake it up. I can only imagine once 10K - 20K users are using this app.. Coin Magi will receive constant traffic ! very strong Backed by the popular demand... Coin Magi will be the first few coins listed in the TOP position of Coin Market App along with Bitcoin, Litecoin, Ripple, BitsharesX, NXT, and Peercoin. Thank you for making the effort to join along the future of how we track information for Coin News and Important Links... this is .. Coin Market App. We're launching as Public Beta on Google Play in a few hours. Stay tuned and show support at https://bitcointalk.org/index.php?topic=792912 Donate address listed bottom of http://www.CoinMarketApp.com - Show some support for Coin Magi Coming soon Screenshots (today) on Google Play!I am excited to hear this news. The app is just amazing. All community members, please show your supports here: https://bitcointalk.org/index.php?topic=792912. As you can see, there are many requests in the thread; while Magi is only few of coins added to the app at the launch. Please tip coins to support their work: Donation BTC address: 1LJLKyEHhNqrwJzZxMvCMjyo3vkCXnkLb5 I am setting up XMG donation: 99Sg2jHMt8quEk72YxPTCpnn3dnQEkZtV6; all XMG donations raised here will be passed over to the CoinMarketApp team. Thank you! Thanks for offering to donate to help support growth of the app. Sam has been a big advocate for Magi about what its doing to help support fair mining for global miners, and we agree with his judgement. Get Coin Market App now on Google Play: https://play.google.com/store/apps/details?id=coin.market.app.comSam has done a lot help for magi from the beginning. We've got 1st donation, thanks! keep it up. Remind donations for CoinMarketApp team if you're able to. Thanks. |
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