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Author Topic: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io  (Read 57189 times)
blockonomy
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December 08, 2017, 09:03:42 AM
 #601

My Magnet masternode seems to keep stopping and I can't work out why.  I've had no rewards for 4 days now.  I thought it was the wallet causing issues (running the MN on a VPS, wallet on Windows) as it would regularly update the status to "Updating network list", so kept the wallet shut, but it's definitely an issue on the MN side.  I'll check and post from the logs a bit later, but any ideas?
Ok feel free to join on Slack for direct / live help in setting up your MN. If the logs reveal a particular issue let us know here otherwise. Running cold wallet on/off should have no impact on the rewards once the MN is activated.
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Nicky_funny
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December 08, 2017, 09:32:05 AM
 #602

Good jobs dev
I think this is good network.
Thank you!

http://minpool.net
Minpool is running on a dedicated server (high performance server) to have less latency meaning lower risk for stale shares
zon.lucifer
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December 08, 2017, 09:34:29 AM
 #603

Hope price increase soon  Grin Cheesy
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December 08, 2017, 09:45:06 AM
 #604

Hope price increase soon  Grin Cheesy
I've noticed that when nicehash went down and network hashrate lowered the price also fell  Smiley so it seems we need to wait nicehash back online  Grin

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December 08, 2017, 03:52:08 PM
 #605

i think this coin there will be potential in the future because i see DEV team magnet coin extremely profestional and social accept very much
 i guess value of magnet coin  will rise about 60% within a next month
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December 08, 2017, 04:35:06 PM
 #606

Hi friends, Is it still time to invest in this transaction and is there any hope that the price will rise again and thank you for the answer
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December 08, 2017, 06:32:37 PM
 #607

I am thinking about grabbing a mag masternode and would also like to know thoughts from mag mn owners  Wink  It looks like a good project with potential.  How is the wallet working?  Good rewards?  Active community?

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December 08, 2017, 09:40:52 PM
 #608

Communication is more intense on Slack where dev are mostly available 24h

I think price currently is remant sale.

2MN setup 4 days running time 2200 MAG reward

All good dev

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December 08, 2017, 10:17:30 PM
 #609

thanks for the info  Smiley

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December 08, 2017, 10:46:05 PM
 #610

Communication is more intense on Slack where dev are mostly available 24h

I think price currently is remant sale.

2MN setup 4 days running time 2200 MAG aw

All good dev



The problem is that too much MAG is generated daily, the devs did this to attract the miners/ MN.
The price won't go up unless more masternodes are set up.
But MNs get a very low reward because of the 50% so you can run a mn 2-3 days without getting anything.
So people get fooled by the mnrank.com statistics which is wrong - the rewards are much lower than what is listed there.

Not to mention the coinexchange "incident".
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December 08, 2017, 10:48:23 PM
 #611

tmkn, with that being said, would you recommend a mn?   Huh  what would you say is the correct daily profit?  roi?

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December 08, 2017, 11:45:07 PM
 #612

tmkn, with that being said, would you recommend a mn?   Huh  what would you say is the correct daily profit?  roi?

i get 200-300 MAG  daily, for me its profitable.


200*7 days = 1400 MAG  at current price:  0.30*1400 = 420 USD weekly.
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December 08, 2017, 11:57:01 PM
 #613

tmkn, with that being said, would you recommend a mn?   Huh  what would you say is the correct daily profit?  roi?
I had two but sold them. Initially they were ok (~400/day) but very low reward afterwards.
For me the last two days generated ~100/day/mn. So a roi of 100 days.

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December 09, 2017, 12:03:57 AM
 #614

tmkn, with that being said, would you recommend a mn?   Huh  what would you say is the correct daily profit?  roi?
It could be risky if there are no people buying mag for masternodes - you need to consider that.
Personally I wouldn't buy now.
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December 09, 2017, 01:23:01 AM
 #615

thank you for all your advice  and information   Cool

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December 09, 2017, 01:49:16 AM
 #616

thank you for all your advice  and information   Cool
Yw
This is what happens if you generate too much and nobody wants to buy:
https://coinmarketcap.com/currencies/xylo/
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December 09, 2017, 06:40:59 AM
 #617

Yw
This is what happens if you generate too much and nobody wants to buy:
https://coinmarketcap.com/currencies/xylo/

A future cautionary tale!

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December 09, 2017, 07:08:14 AM
 #618

Yw
This is what happens if you generate too much and nobody wants to buy:
https://coinmarketcap.com/currencies/xylo/

A future cautionary tale!
Indeed Wink
With 160 mns it is generating a roi of 20,000% per year..
So you need 1000 coins for a MN and currently it generates 500/day lol
At least this is what mnrank says..
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December 09, 2017, 07:09:46 AM
 #619

I'm very much interested in building the windows wallet from source but the github instructions seem to be missing steps or are possibly referring to older versions of the software and I cannot follow properly. For example on step 5) "Run msys.bat located in C:\MinGW49-32\msys\1.0", there is no MinGW49-32 directory at all and I even made sure to install MinGW 5.3.0 from the Tools menu in the latest version of Qt installer (Qt 5.10.0). The closest I can find is C:\Qt\Qt5.10.0\5.10.0\mingw53_32 but it does not contain an msys directory or msys.bat. I then downloaded and installed the latest MinGW from http://www.mingw.org and lo and behold I now have the msys.bat so I was able to continue through step 7 and build leveldb but once again on step 10 there is no C:/dev directory and that is where I am stuck. Step 11 mentions running the 49-32-qt5.bat file which I have nothing similar on my machine so I did a search and pulled up instructions on how to build similar windows wallets for some other coins: https://github.com/CoinProjects/AmsterdamCoin and https://github.com/coinonat/CoinonatX. I mean the steps for those are pretty much word-for-word identical instructions which may make sense for these Qt wallets since they are basically the same thing with slightly different code to work with a different blockchain, but nothing is explained about how these folders should magically appear on a computer.

I saw a msg here about joining slack to ask the devs but when I try to enter the magnet slack it says I cannot log in (Sorry, you entered an incorrect email address or password) - and yes, I am able to log into other slack channels just fine so it appears this is invite only or locked? (I admit I know very little about slack at this moment as I have not had to use it up to this point).

Truthfully the only reason I want to build from source instead of just download the compiled wallet is because of the virus warnings. Apparently other wallets have this same warning but I am staking in 6 other coins, all in qt wallets and zero of them give me virus warnings. I need to prove to myself that compiling from source will trip the same warnings before I can truly trust this wallet but Im almost feeling like the instructions are intentionally vauge and difficult to follow. If someone can point me in the right direction I would be more than happy to write some up-to-date instructions so that even the non-developers among us can follow along. It seems I am not the only one who is having troubles with this process as there is a recent issue posted on git about this very problem https://github.com/magnetwork/magnet/issues/2. For the record, I am a software developer by trade and could probably figure the rest out on my own if I spend a few more hours on this problem but I have never done much with python development so the tools are foreign to me currently. Has anyone else been able to successfully build the windows wallet?
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December 09, 2017, 03:06:39 PM
 #620

why price mow down when dev relise wallet ? price should go up but go down ?

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