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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 23, 2015, 08:12:31 PM
Ah good man, how much you sitting on? if you don't mind me asking Tongue

I don't mind you asking Wink

haha fair play.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 23, 2015, 06:29:29 PM
Is that what you are doing Spexx? Wink.

That is exactly what I did a few months ago when both BTC and XMG were lower than they are now Wink


Ah good man, how much you sitting on? if you don't mind me asking Tongue
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 23, 2015, 04:53:51 PM
Just a quick heads-up for anyone in the UK.

Bitcoins are very cheap to buy in UKP at the moment.

If I have read the market right, the price of XMG is going to rise steadily for a while now.

You might want to buy some Bitcoins and then buy some XMG with them.

No, I am not a market tipster or anything and this is not an instruction, but it seems like a good idea to me Wink

In the UK, the easiest way to turn UKP into BTC is via https://bittylicious.com/.

No, I do not have shares in this company or anything, it's just a fact.

Have a nice day Cheesy

Is that what you are doing Spexx? Wink.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 20, 2015, 04:32:01 PM
Thank you kindly Smiley

It's all cool. The problem we have been having is overmining. The XMG block reward value is not fixed and quickly drops to virtually zero when overmined. For the best illustration of this, visit this web page:-

Magi Block Reward Plotter

It is fairly easy to work out that the "sweet spot" on the graph is somewhere around 25 Mhashes per second total network hashrate. Now you only need 100 workers hashing away at 250 Khashes per second to achieve that total. We have a total of around 1000 workers right now, so you see the problem straight away, hopefully. It is a different concept to the usual "hash harder, more beer" regime of most cryptocoins.


Thanks for the explanation mate, was wondering why Smiley
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 20, 2015, 01:57:45 PM
Thank you kindly Smiley
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 20, 2015, 01:22:36 PM
Also guys the hashrate just tripled. I'm thinking this is no longer just CPU?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 20, 2015, 01:20:55 PM
Actually I downloaded sweetspot and saw the pool listed there. so you don't have to go to the POM thread to learn about it. Also I don't think I did go ooohhh ohhhh, you were the one moaning like a little biatch saying it was my second warning, at that point I didn't even know who historical was or that there were rules, why would I lower my hashrate because(as far as i was concerned), some random was telling me to. And I stopped mining as soon as historical clarified the situation.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 19, 2015, 06:16:42 PM
Thanks guys but I already tried it, it keeps reverting back to 32 Sad.

Maybe NeedIfFindIt can help since SweetSpot is his baby I believe.


Thanks mate i'll give him a shout.

I think Sweet Spot might have trouble handling even 32 threads and you might be better off giving my software a try.

https://bitcointalk.org/index.php?topic=735170.msg11122703#msg11122703

Thanks buddy, just noticed i'm in your pool too. Your software is handling 48 threads, much appreciated.

massiveman you were already told once - this is the second time:



Read the rules of PoM!!
It was made for a reason, you're not following the rules.

Don't want to be an asshole, but...LOWER YOUR HASHPOWER - 250 KH/S MAX!!

As soon as I clarified why I stopped. for all i knew Historical was just being a dick. I'm brand new to this coin and in my defense there are no rules listed on the pool website. Might want to think about shoving them on there.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 19, 2015, 03:57:04 PM
Thanks guys but I already tried it, it keeps reverting back to 32 Sad.

Maybe NeedIfFindIt can help since SweetSpot is his baby I believe.


Thanks mate i'll give him a shout.

I think Sweet Spot might have trouble handling even 32 threads and you might be better off giving my software a try.

https://bitcointalk.org/index.php?topic=735170.msg11122703#msg11122703

Thanks buddy, just noticed i'm in your pool too. Your software is handling 48 threads, much appreciated.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 19, 2015, 11:23:46 AM
Thanks guys but I already tried it, it keeps reverting back to 32 Sad.

Maybe NeedIfFindIt can help since SweetSpot is his baby I believe.


Thanks mate i'll give him a shout.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 19, 2015, 11:15:36 AM
Thanks guys but I already tried it, it keeps reverting back to 32 Sad.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 19, 2015, 10:42:16 AM
guys any way i can get sweetspot to work with 48 threads not just 32?
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 18, 2015, 05:16:28 PM
guys is there any way I can get this sweetspot miner thing to work with 48 threads? i've noticed it only has the option of up to 32. Sorry i'm not very technically able.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 17, 2014, 06:25:45 PM
thanks gpools, im not good enough to do that, any other suggestions?

click right mouse shortcut blackcoin -->properties --> target box xx\blackcoin-1.0.6-windows\blackcoin-qt.exe -min - rescan

nah does nothing mate, same problem, how do i just import my coins to the new wallet version?
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 17, 2014, 06:06:56 PM
thanks gpools, im not good enough to do that, any other suggestions?
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 17, 2014, 05:54:50 PM
hi guys ive got a problem, could someone please message me with a solution? everytime i try to load my wallet it says error loading blkindex.dat, how can i fix this?

Much appreciated

Ben
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 01, 2014, 06:50:00 AM
So i made this blackcoin pr document:

Download and use it at free will. 
pfd file: http://www.sendspace.com/file/5el7y6 (front & back)

jpeg front example:


you spelt Similar wrong
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast on: April 27, 2014, 06:05:23 PM
sadly I jumped ship over a week ago Sad

I hope that you did not lose much   Sad

I remember you, you were one of the first supporters of this coin, prior the launch. Really honest person.

I wish you all the best at your future ventures.

cheers dude nice of you to say, fortunately I didn't lose very much but still a bad investment is a bad investment. unfortunately its the lack of active development/marketing that killed this coin more than anything else I feel. Fortunately I seem to have moved all my investment to BlackCoin at the right time and am in substantial profit overall because of that. I'm still gonna keep tabs on HVC and will reinvest if things change but i'm not holding out much hope.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast on: April 27, 2014, 12:52:56 PM
OK guys, had enough. Leaving the ship. Dumped all my 40K and jumping full speed on BC before the the price starts skyrocketing again. There is no reason to wait for miracles. Keccak simply ran away with his IPO and doesn't give a shit anymore. I was too naive thinking that some higher power will save the coin. Maybe in fairytail. The only thing which can save the coin is a massive pump by some whale but again only few would profit, most of poor guys just loose...again. And as the coin has no volume, even whales don't give a shit. I finally understood how this crypto world works, it's just one giant pyramid game where 5% of smart guys take the profits, rest 95% just hold their bags. It took me 2 months to understand these hard rules of this world. After seeing how most of the shitcoins are sentenced to death everyday without any hope for recovery, I think HVC is no different from othose coins. Without strong marketing, no coin can survive in such hostile environment. Nobody gives a shit about speed or security of some coin or how perfectly it can be mined with low power consumption. Most of us are here to make profit, no matter if I will need a nuclear power plant built next to my house to power my GPU's as long as this crazyness is profitable. I spend enormous time watching BC and invested into it when it was 9500, had really strong hands when big whales were dumping it hard. And look, BC rising like a beast always. And reason? Strong dev and marketing team and even stronger community. I haven't found anything like that in any coins, HVC including. High-end coin specification will never make it successfull, it's clear now.

Sorry for this FUD or trolling or whatever you call it, I don't see light at the end of tunnel anymore.

sadly I jumped ship over a week ago Sad
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast on: April 17, 2014, 10:58:48 AM
A question for those of you who have stopped mining HVC.

What coin or multipool did you switch to?

I mine blackcoin on their multipool
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