[ANN][MAG] MAGNET - GOES STELLAR - More in description / magnetwork.io

[moonswamp]

360G/H, ,,,,   dev mining this  with professional rigs or what ?

Why not just premine, and leave chance to more solo miners ?

[1713546202]

1713546202

[1713546202]

1713546202

[mnpool]

MnPool.net
Low Fee and Low latency
Automatic payouts every 1 hour
No registration required

Code:

-a x11 -o stratum+tcp://mnpool.net:3533 -u YOURWALLET -p c=MAG

[moonswamp]

OFFICIAL ANNOUNCMENT

We fixed the premine problem.

Claim to be "no premine" was removed from the ANN thread.

We are sorry for the misinformation. Our intention was to come out with a proper and tested mainnet where we can develope on.

Magnet Network was running 10 days before the ANN so we can test out the MN payments, how the network holds up to the biggeer mining power etc.

Most of the mined coins (around 1.8 millions) will be the basis for trading on exchange. Without anybody selling there cannot be any trading going on at the start.

There will be no massive dump and running from the project. Soon there will be a proper website with more info how and what will happen in the future.


Until then happy mining for the early birds!

just check the pool.... all 0 shares for those solo miners!

[digitalgrow]

Give the dev a break

Good luck with project dev

[Children of Gaia]

So block reward is 100 now - developer's masternodes are getting 50% reward from each block. Really bad launch.

[richpress]

Give the dev a break

Good luck with project dev

Exactly, I'm sure it's simple miss-understanding. The dev shows good intentions and i'm gonna give him the benefit of the doubt.

[Sam67]

I want to Bounty program.

[olkah]

Bounty !!!!!!!

[Brucelats]

This stories that we need 25 MN's to secure network is plain stupid. Miners will make their own nodes and secure network, we dont need your 25 that will take our rewards and you still have huge premine. So basicaly you are also taking all profit from miners that want to be fast and make their masternodes as soon as possible.

[NPGhost]

too bad linux wallet binary is broken...uses dynamic libs.

unable to easily build from source either; I've built plenty of wallets.

Too much effort required...giving up on this one.

[beybietron]

I'm glad to see the community is smarter now. First posts immediately pointing out the large block height and hash.
It's getting slightly easier to spot scam coins now, good job! 

[Brucelats]

Mineblocks low fees fast payments  

New Pool Magnet 0.5% Fees  


http://mineblocks.co.uk/getting_started

Configure Your Miners

stratum+tcp://stratum.mineblocks.co.uk:3046 -u YOUR WALLET -p x

Ports ( 3046 )  ( 3047 Nicehash )  All ports Vardiff


Twitter : https://twitter.com/MineBlocksPool

Telegram : https://t.me/mineblocksp

Happy Mining

I cannot connect using nicehash..

Type: Standard
Algorithm: X11
Pool: stratum.mineblocks.co.uk:3047
Username: Mcz3bQykSbM9UXvVf2G2TN3SRxZJs8HRHA
Password: c=MAG

this are my nicehash info... what the hell is wrong..

[mnpool]

block explorer http://mnpool.net/explorer/MAG 

[btc00]

Magnet Mining Pool
http://magnetpool.io:8080/
stratum+tcp://magnetpool.io:3000

2 hours work but not reward, this pool work ?

[weitt245]

If you needed 25 MN up to run from the start then those should be burned once your network has 50 up.  Why the fuck would you sell them and reap the reward?

Do you not have confidence in your own project that you plan on selling your own coin?

[cryptoam]

Dev, Might be a good idea if you either

1) Burn all the premine or
2) Allocate them for Bounties

[Brucelats]

If you needed 25 MN up to run from the start then those should be burned once your network has 50 up.  Why the fuck would you sell them and reap the reward?

Do you not have confidence in your own project that you plan on selling your own coin?

You have understand that for the trading to work there has to be some coins available for purchase. This is very common practice that you send some of the mined coins for the exchange.

If You take time to read through release specifications.. everyday around 200 000 coins gets distributed so 1.8 million coins is a very small amount compared to the whole network.
Some of it will be set up as additional masternodes to secure the network even further.

Ofcourse we do have confidence in our project.. otherwise it would not have had happened. To develope even the easiest clone coin is alot of work so people who put out a decent looking and thought-through networks HAVE TO believe in them themselves since it ALOT of work.

Sometimes even an [ANN] thread can take days to be planned out. This is why this "No premine" sentence was in original ANN - we were planning ahead and did not even think about it that much.
Developing needs funds and it is weird to see that so many people act so viciously without considering all the facts. Classic FUD scenario.


We are here for the long run so join our slack and watch Us grow!

P.S. eat healthy!

Well miners are mining LOL, what kind of logic is that. Miners will mine and make coins and then they will use them to trade. Coin doesnt need dev to premine coins so we can trade. Lol

[Brucelats]

Anyway, good luck with coin. Might end up as ok project in the end.

I just hate stupid ASIC coins and pools that doesnt work right + pools that dont have nicehash options that work correct.


Take care

[anarchyx914]

How are you all compiling this. I am trying on Ubuntu 16.04 for the daemon and cant get it compiled.

It says it uses libboost 1.55 or 1.57 and seems the earliest one I can find is 1.58.

getting this error mid-compiling:

In file included from /usr/include/boost/iterator/iterator_categories.hpp:22:0,
                 from /usr/include/boost/iterator/iterator_facade.hpp:14,
                 from /usr/include/boost/range/iterator_range_core.hpp:27,
                 from /usr/include/boost/range/iterator_range.hpp:13,
                 from /usr/include/boost/assign/list_of.hpp:20,
                 from rpcrawtransaction.cpp:6:
/usr/include/boost/variant/get.hpp: In instantiation of ‘typename boost::add_reference<T>::type boost::strict_get(boost::variant<T0, T1, T2, T3, T4, T5, T6, T7, T8, T9, T10, T11, T12, T13, T14, T15, T16, T17, T18, T19>&) [with U = const CScriptID&; T0 = CNoDestination; T1 = CKeyID; T2 = CScriptID; T3 = CStealthAddress; T4 = boost::detail::variant::void_; T5 = boost::detail::variant::void_; T6 = boost::detail::variant::void_; T7 = boost::detail::variant::void_; T8 = boost::detail::variant::void_; T9 = boost::detail::variant::void_; T10 = boost::detail::variant::void_; T11 = boost::detail::variant::void_; T12 = boost::detail::variant::void_; T13 = boost::detail::variant::void_; T14 = boost::detail::variant::void_; T15 = boost::detail::variant::void_; T16 = boost::detail::variant::void_; T17 = boost::detail::variant::void_; T18 = boost::detail::variant::void_; T19 = boost::detail::variant::void_; typename boost::add_reference<T>::type = const CScriptID&]’:
/usr/include/boost/variant/get.hpp:284:25:   required from ‘typename boost::add_reference<T>::type boost::get(boost::variant<T0, T1, T2, T3, T4, T5, T6, T7, T8, T9, T10, T11, T12, T13, T14, T15, T16, T17, T18, T19>&) [with U = const CScriptID&; T0 = CNoDestination; T1 = CKeyID; T2 = CScriptID; T3 = CStealthAddress; T4 = boost::detail::variant::void_; T5 = boost::detail::variant::void_; T6 = boost::detail::variant::void_; T7 = boost::detail::variant::void_; T8 = boost::detail::variant::void_; T9 = boost::detail::variant::void_; T10 = boost::detail::variant::void_; T11 = boost::detail::variant::void_; T12 = boost::detail::variant::void_; T13 = boost::detail::variant::void_; T14 = boost::detail::variant::void_; T15 = boost::detail::variant::void_; T16 = boost::detail::variant::void_; T17 = boost::detail::variant::void_; T18 = boost::detail::variant::void_; T19 = boost::detail::variant::void_; typename boost::add_reference<T>::type = const CScriptID&]’
rpcrawtransaction.cpp:217:77:   required from here
/usr/include/boost/variant/get.hpp:178:5: error: invalid application of ‘sizeof’ to incomplete type ‘boost::STATIC_ASSERTION_FAILURE<false>’
     BOOST_STATIC_ASSERT_MSG(
     ^
makefile.unix:217: recipe for target 'obj/rpcrawtransaction.o' failed
make: *** [obj/rpcrawtransaction.o] Error 1

[loutchano]

Mineblocks low fees fast payments  

New Pool Magnet 0.5% Fees  


http://mineblocks.co.uk/getting_started

Configure Your Miners

stratum+tcp://stratum.mineblocks.co.uk:3046 -u YOUR WALLET -p x

Ports ( 3046 )  ( 3047 Nicehash )  All ports Vardiff


Twitter : https://twitter.com/MineBlocksPool

Telegram : https://t.me/mineblocksp

Happy Mining

I cannot connect using nicehash..

Type: Standard
Algorithm: X11
Pool: stratum.mineblocks.co.uk:3047
Username: Mcz3bQykSbM9UXvVf2G2TN3SRxZJs8HRHA
Password: c=MAG

this are my nicehash info... what the hell is wrong..

try again problem solved 

Received mining.set_difficulty... OK: difficulty=16