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edit magi.conf and allow incoming IP, IP range
daemon=1
server=1
rpcport=8232
rpcallowip=127.0.0.1
rpcallowip=192.168.0.0/24
rpcallowip=192.168.0.*
rpcuser=longandcomplicatedstring
rpcpassword=longeandevenmorecomplicatedstring
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oh, no! I was chat banned for one year a few days ago, and now chat is nowhere to be found...
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use coin control and consolidate unspent inputs by sending them again to your address, don't let them get too small - under 50,00 XMG, also resend all inputs that are older than 15 000 confirmations, mentioned values are just an example, because inputs bellow 3,3 XMG won't split at all.
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you can add option to temp ban some algorithms on the fly, so fufo1 can really see that x11 gives the most for his preferences, example: [x]x11 [ ]x13 [ ]lyra-v2...; [x] = temp ban |
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when running both CPU and GPU mining, when all CPU cores are being used it drops GPU hashrate, is it possible when X less CPU threads are being used, the GPU miner to have affinity to use only those free X CPU cores.
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temp target is hard coded to 75C, I want to change it, initial start is delayed if checking for a new version hangs.
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hot to set custom difficulty on Qubit <> 1.024, I tried various d=0.004 to d=2048 it does not work.
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open console
dumpprivkey <Magiaddress> on old wallet to show private key, copy/paste/type what is showed, don't tell that string to anyone or you are sharing your coins with Internet
importprivkey <Magiprivkey> on new wallet
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set current estimate to 0 if coins mined is 0, this is for x13 and x15
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But all the jr members and newbie accounts flooding the scam accusation thread about Cryptsy say they have no problem...
But seriously, they seem to have a few problems that we can only speculate about since they are very tight lipped.
Two realistic possibilities:
1) Their back end programming is fucked up.
2) Their hot wallets don't have enough coin to support their business
2a) either because they don't have enough coin because they're using a fractional exchange
2b) or because they don't move coin from cold to hot very often, or enough coin
Take your pick.
2c) btc price hit a ceiling and everyone is dumping "shitcoins" to get btc and then turn into fiat. |
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if you want large miner POW frustration, I'll give it to you:
you should kill pools, rework magi daemon to accept up to 250Kh/s - roughly three i7 CPUs
centralization is bad for any coin, the more miners mine solo, more good for the network, the more miners mine at single pool the less secure is network, then we have botnet, botnet is bad and good, it's bad for POW miners as they get less for same Watt/hour invested, but it's good for POS miners as they purchase those POW blocks @ bellow cost Watt/hour(price they pay is less than if they payed for electricity to POW those blocks)
POW miners will either have to adapt or leave, I was POW @ bitcoin, then I adapted to mine scrypt and convert to/buy bitcoins, then adapted to mine x11 and convert to/buy bitcoins and at last I left, but I still have/use it!
there is a service that converts other coins to magicoin a few pages behind, adapt, use it!
coin was advertised as green, mine when you idle, make it so, kill pools, botnet can't create/manage hundreds of daemons that easily.
What about P2Pool? I'm not very familiar with it, could it help? If you need a local wallet in order to solo mine, it would make it impossible to use other low power devices (as has been discussed before). The problem with requiring an address with no funds or putting a max hash limit in somehow it would be that someone with a very high hashrate could split it between a thousand different addresses and make it appear that they are many small miners. That is why I think the best option is to reduce the PoW reward, and then reimburse small miners through an automatic proof of mining that they can sign up for on the coinmagi.org website, and sign a message in their wallet to verify their address. There needs to be a 1000-2000 XMG minimum to make it expensive for a single miner to sign up a lot of different addesses. The thing that we still need to figure out is how the website will calculate an individuals hashrate. I was thinking that this might be able to be accomplished by having miners set their pool payout to some specific value that would then be seen in the blockchain. Anyone have any ideas for this? I did not said they can't split, supronova has 25 000 k/hash on their pool, to be able to get same coins they will need to run 100 magi daemons, this is possible but takes CPU and RAM on their server. who is small miner I can easy split my i7 into (number of public pools + my private pools) and pretend to be a "small" miner with no additional costs, setting a fee for POW means POS miners have an advantage as they already hold coins, you will just give them advantage in POW. and btw 45 XMG solo block POW all mine |
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if you want large miner POW frustration, I'll give it to you:
you should kill pools, rework magi daemon to accept up to 250Kh/s - roughly three i7 CPUs
centralization is bad for any coin, the more miners mine solo, more good for the network, the more miners mine at single pool the less secure is network, then we have botnet, botnet is bad and good, it's bad for POW miners as they get less for same Watt/hour invested, but it's good for POS miners as they purchase those POW blocks @ bellow cost Watt/hour(price they pay is less than if they payed for electricity to POW those blocks)
POW miners will either have to adapt or leave, I was POW @ bitcoin, then I adapted to mine scrypt and convert to/buy bitcoins, then adapted to mine x11 and convert to/buy bitcoins and at last I left, but I still have/use it!
there is a service that converts other coins to magicoin a few pages behind, adapt, use it!
coin was advertised as green, mine when you idle, make it so, kill pools, botnet can't create/manage hundreds of daemons that easily.
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what's the max age and maturity in the pos of magi
Info on the first page states: Proof of Staking II (PoW-II) Security enhanced - Variable coin age depending on the staking time (more..) Minimum coin age - 2 hours Interest rate - network weight dependent with maximum 5%; Block time - 1.5 minutes Block hash - SHA256 Maturity: 120 But, from what I've noticed, POS in Magi does not behave the same as other coins where you know exactly the minimum and maximum weights. I believe it's all interacting with total weight, difficulty, block size and time. There are other more knowledgeable people on this subject but I can tell you what seems to work in my wallet. Roughly a single block of 500 - 1000 coins will stake within 24 hours. A single block of 1500 - 2500 will stake in about 20 hours. A single block of 3000 coins will stake in about 15 hours. Blocks with more than 3000 seem to have a time frame that if they don't stake in the first day, they begin to lose weight, and by the 5th day they need to be re-sent via coin control to reset the timers. I think 5 days is the cutoff you are asking about. So I got into the habit of using coin control daily and keep all blocks at around 1500 - 2000 coins - the entire wallet stakes once a day when I do this. If you do not want to use coin control, then the blocks will be smaller and the times will be longer, and I do not know if the 5 day max age applies with smaller amounts. 5 days is 4800 confirms? |
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http://ark.intel.com/products/80910/Intel-Xeon-Processor-E3-1231-v3-8M-Cache-3_40-GHzI don't have internal gpu there's a slight difference/2-3% with turbo boost, which is 3800 on two threads, but that is rare as OS consumes some cycles and it goes to 3700Mhz, on four threads it goes down to 3600 and stays there. I am comparing equal % of total CPU load when running sweetspot to individually running 2-8 threads on 100% core load When running ALL the threads at % your CPU goes below 3600MHz and the percentage is based on that value. So if you compare 50% of 4 threads running at 1000MHz to 100% of 2 threads running at 3600MHz you will get lower hash rate but you will get also lower power usage. 60% and 70% are not great savers on some CPUs but the only reason I included them was because someone wanted them there  The deal is to save energy when it is not profitable to mine, right  Anyway it is impossible for an external app to stop/start threads of the miner without restarting the miner. It is possible to pause them, but if the pause is greater than 2s then they will disconnect from the stratum. you can start/stop those if you have 8(or more) copies of the miner - minerd1.exe, minerd2.exe, ... |
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http://ark.intel.com/products/80910/Intel-Xeon-Processor-E3-1231-v3-8M-Cache-3_40-GHzI don't have internal gpu there's a slight difference/2-3% with turbo boost, which is 3800 on two threads, but that is rare as OS consumes some cycles and it goes to 3700Mhz, on four threads it goes down to 3600 and stays there. I am comparing equal % of total CPU load when running sweetspot to individually running 2-8 threads on 100% core load
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One of the things that make Coin Magi unique is that it is very resistant to ASICs and GPUs. That makes my life easier than having to purchase an ASIC or set up a GPU mining rig and compete with other's hashrate. With Magi's unique block reward, it gives control and flexibility to the rewards that you could earn by mining on a CPU. Therefore, that's why I chose Magi as my top CPU mining coin. I mine it everyday!  Magi is not only resistant to ASICs and GPUs but it is resistant to multiple CPU threads, as it seems my Xeon E3(=~i7 4770 non K) has a bottleneck when starting more threads: 2-19,5=39kh/s 3-18=54 4-16=64 5-14=70 6-13=78 7-11,25=78,75 8-10=80kh/s p.s. seems that Sweetspot strategy is not efficient with my CPU as it seems that I get less kh/s when I get more threads with reduced core load 10%-70% than if I start a few threads on 100% core load, anyone help with i7? |
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Hello All,
Two news for me today.
1. Got new version of Sweet Spot
I can't mine solo with that, it sends prefix "stratum+tcp://" to the miner |
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is no good, miners need more tx fees to live
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Any idea on what is the minimum weight I need to start staking Magi? I have 0.70 XMG right now but I think that's not enough.  there's no minimum weight, but it can take long to get POS block, I have mined 4 blocks(10 XMG on average) on solo but I have just one POS block, which is about 30K satoshi(magoshi?) and one POS orphan that was 90K If there's no minimum, that's super! I'll wait until I get POS block as my coins age. Thanks for sharing for experience  I would not want you to be disappointed so I'd like to add that even though technically there is no minimum, 0.70 XMG is too small an amount imo. You can look at the block explorer here: https://chainz.cryptoid.info/xmg/ and see what the amounts are of the blocks are that are currently staking and the resulting rewards that are being paid. The difficulty for proof of stake is still very low so smaller blocks of coins will have a chance but about 5 XMG is the smallest block I've seen minting recently. There are probably lots of wallets out there with coins that have split into 5 XMG blocks (UTXO) or smaller that will probably not mint because the blocks have aged so long that they no longer have significant coin weight – you should keep that in mind too, it is a bit like a lottery. I've consolidated some transactions and lost POS weight, wallet says not staking(hammers on bottom right are grey), but it was staking with 2,3 XMG |
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