[ANN][SKUNKHASH] Magnatum - Signatum Fork - Unique Feature - Bounty 2 On

[SuperNovah90]

What this coin will offer that is a really big thing as they said ?(since it has been said that sigt is nothing but a new hash algo)
thanks!

Super fast transactions and blocks every 1 minute, I suppose.

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[known-user]

What make the BTC and others so special is their limited supply. I don't think that 130m coins per year will do good for MGT.

to be honest i also dont think this is logical. why did you guys choose for 130m coins per year rather than just 130m for instance for one year? what is the logic behind it?
maybe the owners can explain why they chose for this setup?

[sparkweb]

saidaminhaaba kkkkkkkkkk essa foi boa! 

do u need portuguese translate?
Pls reserve o/\o

[faustcollect]

What this coin will offer that is a really big thing as they said ?(since it has been said that sigt is nothing but a new hash algo)
thanks!

Many coins like Bitcoin have the same problem with the transactions speed. When many people use the coin there are lots of transactions every second in the coin network, but the coin algorithm can't handle them all because of a fixed time of block generation.

For example, the Bitcoin network can handle only 7 transactions per second and no more. Thus, there is an increasing queue of unprocessed transactions which is slowing the transactions speed. 

Magnatum has a unique feature which helps to solve this problem and transactions in the magnatum network are always fast, independently of the number of coin's users.

Its block generation algorithm (called LiquidBlocks) is able to change the speed of generation to decrease the time of transaction processing. Changing of generation time doesn't influence on the coin emission because of a proportional changing the reward amount.

I believe that the developer will tell us more about the LiquidBlocks feature in the coin white paper.

[faustcollect]

What make the BTC and others so special is their limited supply. I don't think that 130m coins per year will do good for MGT.

You can say that again! It's one of the main pros of Bitcoin. There is a rumour that the magnatum developer is considering the possibility to make the coin emission finite. As for me, I'm sure it's a necessary condition for success. Otherwise, the inflation is inevitable in the future.

[bel123]

Supply     130000000 per year (no limit)

really? lol

130000000 total is huge, yearly = lol

Why not make 130 total and pos/masternodes then.

[magnatum]

do u need portuguese translate?
Pls reserve o/\o

Please PM me

[srj087]

If you don't understand your introduction, you can't decide whether the project is good or bad. You can't decide whether to take part in the ICO. What else is there?

[pomsuay]

1060-3Gb
My Hashrate: 88.08 MH/s

 

[SuperNovah90]

Probably, you should have made the currency limited...

[Escaua]

For the Talibans who believe that Limited supply is the no 1 and the only feature of a coin:

Bytecoin with a 461M Marketcap as of today, have a Total supply of 184 470 000 000 coins, 99.34% being mined already.

Magnatum will need 1419 Years of mining to reach same supply. If You forgot what's happend 1419 Years ago just refresh Your memory with this link about the Year 598 AD
https://en.wikipedia.org/wiki/598

[sherkhan]

1060-3Gb
My Hashrate: 88.08 MH/s

 

from one card? how you did it?

[firesec]

1060-3Gb
My Hashrate: 88.08 MH/s

 

from one card? how you did it?

This sounds more like 5-6 cards ..
If you're using 4 cards getting that hashrate you're in very good shape. Usually with 1060 you get around 20MH/s per card 

[sherkhan]

1060-3Gb
My Hashrate: 88.08 MH/s

 

from one card? how you did it?

This sounds more like 5-6 cards ..
If you're using 4 cards getting that hashrate you're in very good shape. Usually with 1060 you get around 20MH/s per card 

i got only 12.
-i 24 param is max for me (higher - not allowed memory error)
and core and memory overlocking didn't get any visible profit.
(on etherium this cards make 24.5 mgh)
may be you can share your start and overlocking params?

[firesec]

1060-3Gb
My Hashrate: 88.08 MH/s

 

from one card? how you did it?

This sounds more like 5-6 cards ..
If you're using 4 cards getting that hashrate you're in very good shape. Usually with 1060 you get around 20MH/s per card 

i got only 12.
-i 24 param is max for me (higher - not allowed memory error)
and core and memory overlocking didn't get any visible profit.
(on etherium this cards make 24.5 mgh)
may be you can share your start and overlocking params?

what miner are you using ? you should underclock the memory to -502 because skunkhash is not memory intensive and just overclock the core to +75 or +100, pl 100% .. depending on your specific card. Be sure you have the virtual memory set to 25GB or so and you can try again with intensity 25

[igotek]

Bounty for Turkish Translation ?

and exchange ?

[WarrenP]

I'm mining some magnatum, I like skunk hash because I get my rigs using less power on it

[Bitzure]

Hi everyone!

Magnatum has been added to Bitzure!
Bitzure is a new exchange made by traders for the traders and are actively looking at new digital currencies to add!

https://bitzure.com/markets/mgtbtc
https://bitzure.com/funds#/deposits/mgt

Quick Links:

• Twitter
• API Documentation
• Fees
• About Us

[igotek]

NVIDIA GTX1070 8GB = 26 Mh/s
NVIDIA GTX1060 3GB = 16 Mh/s

is there anyone getting higher hashrate with these GPUs ?

ccminer/alexis-1.0+m

[igotek]

Hi everyone!

Magnatum has been added to Bitzure!
Bitzure is a new exchange made by traders for the traders and are actively looking at new digital currencies to add!

https://bitzure.com/markets/mgtbtc
https://bitzure.com/funds#/deposits/mgt

Quick Links:

• Twitter
• API Documentation
• Fees
• About Us

ASK-BID table is so complicated