new coin again, actually what is the advantage of this coin compared to other coins
dont know how I can answer that well, but read the OP first; then let us know what you think; anyway glad to see new faces here!
wtf is wrong with magi?
1 hour ago mining was okay , and now based on the XMG/Day stats this coin is worthless to mine? how? why? when?
pls be ware of the varying block rewards; check out the 09/28 updates in the OP (MagiUpdates)
Current mining situation
Miners should be aware of the current low block rewards (5 XMG/block typically) is because of the overtuning of the rewarding system; that is, we are at III of figure (b), rather than I. This is important; big miners might need to lower their hashrate a little bit, so that the reward will be back to maximum (at I).
I noticed the difference, too. Started 3 days ago mining XMG. Got with low hashrate (11 kh/s) approx. 7,5 coins within 24 hours. From one moment to the next it went down and got less and less. Now I'm getting around 1 coin a day. Seems the big miners still don't lower their hashrate.