Joe, i mining solo.. justo 9 XMG today.. is normal? The network hash rate seems getting high which will reduce block rewards; mining rewards can be checked using following command (using the current block value): Thanks for the tip Joe.
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I posted earlier this morning that I thought something was wrong at minerclaim. Their total hashrate is somehow not all going to the network. I don't know how that is possible but the numbers don't add up. I wouldn't worry about this coin forking again, if it does, the people mining on the wrong fork have no one to blame but themselves. Its been decided what node decides the proper chain.
And you guys remember: there's still no fix for this forking issue. As Joe said before, this was the first of two steps: to make the chain move again, and "pin" it to a temporary master peer. A fork was likely to happen, but now we should move to step 2 and find where the problem is. Also remember that minining is still risky at this point as you can lose some or everything you mine (on pool or solo). Good reminder amigo.
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Apart from all the Forking and Syncing game happening back to back, again and again, please consider posting an Absolute N00b guide for Solo Mining. From Step 0 till the end.
Would really appreciate the help.
Thanks!
Yes good tip. We had some guides but the are not up to date at this moment. Magi will post a new one when all things are running fine again.
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I posted earlier this morning that I thought something was wrong at minerclaim. Their total hashrate is somehow not all going to the network. I don't know how that is possible but the numbers don't add up. I wouldn't worry about this coin forking again, if it does, the people mining on the wrong fork have no one to blame but themselves. Its been decided what node decides the proper chain.
Think you said some right words! Well done
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Thank you so much amigo for re posting You are welcome. Edit: Our dev Joe has almost weekend & will look into it again.
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I'd mention that the release just posted is a temporary solution to keep the chain and mining going, not a FIX. We'll make efforts on the 2nd step of getting a fix ASAP.
For this reason, I recommend do not ask exchanges to bring up the wallet, and when possible place least tickets regarding the issues. We apologize for the trouble. What I'm saying is that we'd be aware of minimizing exchanges' efforts on this incident, or we end up a high probability of worse situation.
At this point, again I recommend keeping exchange wallet in maintenance mode until a final FIX is out.
Second step will follow!
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Just lower the xmgpool pool fee to 0.5% for this weekend. Enjoy mining!
Thanks for the info seeksilence
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I applaud your efforts. However, they will just move to another pool that has no limit. It's like trying to kill an elephant with a bb gun.
Thanks, Thats true. If no one does anything then it definately will be wrong. Therefore is our philosofy that we at least is doing it. And there will be a much more fair sharing of the mining rewards in TrasMaMod XMG pool. So I do recommend all other pool owners to also do something equal as this to help to create a fair and good / strong coin. Very good! This will be appriciated a lot. Maybe Magi team can look into the options of a new Proof of mining campaign!
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From where comes this huge network hash? Botnets solo mining or what?
Could be .. It's quite annoying. I don't think people actually read the paper of MAGI ( https://arxiv.org/pdf/1409.7948v1.pdf) At the current hashrate, the difficulty lies around 2.8 meaning that the reward is almost 0. So I guess those botnets/server farms will leave soon as there's nothing to be gained. Yes. We noticed this more often. Sometimes people see $ signs and are missing the words!
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Good morning, please help, I have my wallet synchronized with the blockchain in block 1453526, I have to synchronize with the new blockchain after the update? The currencies I currently have in the wallet are lost with this update ??
Thank you
Rule number 1 in cryptoworld: always make backup before updates!
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How much you earn by staking?
between 3 - 4 % a year. Thats more than Banks give.😃
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Yeah, 250 per user... Sure guys. Just look at miner list.
Botnets engaged... I only have about 6 servers, along with my home PCs mining, and there's "anonymous" miners with 2x the hashrate. That's either a Botnet or the unauthorized use of a server farm. Pools should really deal with this. And the Magi Team too. Where is the fair coin distribution then? How can you expect for someone to mine with low power (green) devices when huge botnes are abusing almost every pool? Maybe it's better for Suprnova to stay down for few days. You will see when they make it live again, almost in the same second there will be 500 miners. All botnets, preconfigured to mine on Suprnova. Magi is trying that for some time It can only if Pools agree to allow miners with max hashrate. Besides that we all noticed that not all people are reading the Op & last posts here. In that case they miss the change of mindset. Most coin need hugh hashrate to gain profit. With Magi its different. Lower hashrate blockreward is good or will go up. High hashrate blockreward will drop.
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Good news TheFrisian. Under huge presure Joe did a good job.
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Is there any news when exchanges will be up again? Both Yobit and bittrex still maintenance.
I sent message to Bittrex again. Think will be back up in 24 hours. Others i need to contact. If you have time or contact there feel free to send them a message. I always can use help.
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Should be ok now.
All works well now. Thanks for the effort! Thanks for the feedback & the patience
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Hi. When i try to enable "Mint" in the m-wallet, the app get a windows error and get closed. i want to solo mining, so when i delete "daemon=1" in magi.conf, the m-wallet do not get any errors when enabling "Mint". Can i do solo mining without "daemon=1" in magi.conf? Sorry about my english. What does the error message say? "The program has a problem and is goin to close" look´s like a windows problem. I tested in other version of windows, and is working fine so far. The problem is in windows 10 64bits. I couldn't get the staking to work on 64 bit until I reloaded the with the magic.conf rpcuser=rpcuser rpcpassword=rpcpass
rpcport=8232
rpcallowip=127.0.0.1
listen=0 connect=104.128.225.215
staking=1 posii=1
All seems to be working now, but it seems that coin age was reset. I have 3 stakes so far with 1829.5 XMG being currently staked for a total reward of 0.0023 XMG. I hope this version and the chain are stable now. He Fragilefungi welcome back amigo. Good to see you here again.
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This is the latest version. Well done Joe Awesome OP is already up to date! Magi is moving again in the right direction!
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Hi. When i try to enable "Mint" in the m-wallet, the app get a windows error and get closed. i want to solo mining, so when i delete "daemon=1" in magi.conf, the m-wallet do not get any errors when enabling "Mint". Can i do solo mining without "daemon=1" in magi.conf? Sorry about my english. What does the error message say? "The program has a problem and is goin to close" look´s like a windows problem. I tested in other version of windows, and is working fine so far. The problem is in windows 10 64bits. Is it blocked by virus-scanner on windows 10 64bits?
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This is the latest version. Well done Joe
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