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

[bigmodul]

Here is one of the pools that MN does not pay: https://www.starpool.biz/site/block?id=2077

[flashersyd]

Here is one of the pools that MN does not pay: https://www.starpool.biz/site/block?id=2077

we got 2 pool not paying masternode reward
https://x11.granatgas-pool.info/site/block?id=1976 wallet address McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw
https://www.starpool.biz/site/block?id=2077 wallet address MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH

[windmm]

when will masternode problem will be fixed .. i bought @ high price already lost 45% of my investment

I sold my MN that would not go into negative.
When the problem is solved, it is not known, but the DEV seems to be working on it.

MAG is having a wallet problem?

[yetme]

MAG is having a wallet problem?

masternode problem
wallet is ok

[zmago]

any exchanges with private api?

[d0n4ald]

Someone who's mining can tell me how easy is it to setup? i have 1080ti and 1070ti.  how many coins can i get a day with that? 
are servers good with paying out?

[Rembo93]

Someone who's mining can tell me how easy is it to setup? i have 1080ti and 1070ti.  how many coins can i get a day with that? 
are servers good with paying out?

+1, i am interesting in it too. I have 2 gtx 1080, can i use it to mine mag? Thanks!

[oyb]

Someone who's mining can tell me how easy is it to setup? i have 1080ti and 1070ti.  how many coins can i get a day with that? 
are servers good with paying out?

+1, i am interesting in it too. I have 2 gtx 1080, can i use it to mine mag? Thanks!

X11 Asic Miners. Bitmain D3, iBeLink X11,X22, Nicehach etc

[thiec]

Someone who's mining can tell me how easy is it to setup? i have 1080ti and 1070ti.  how many coins can i get a day with that? 
are servers good with paying out?

+1, i am interesting in it too. I have 2 gtx 1080, can i use it to mine mag? Thanks!

Dont use your GPU (aka VGA) for mining x11, you will waste electricity.
If you like MAG, go mining others profitable coin with your GPU and sell it in Coinexchange and buy MAG there

[nrigo]

Join the Masternodes Club!

Deposits open for the first MAG Masternode.

https://discord.gg/hbbtDv6

https://magnet.mastrnodes.com/

[d0n4ald]

Someone who's mining can tell me how easy is it to setup? i have 1080ti and 1070ti.  how many coins can i get a day with that? 
are servers good with paying out?

+1, i am interesting in it too. I have 2 gtx 1080, can i use it to mine mag? Thanks!

Dont use your GPU (aka VGA) for mining x11, you will waste electricity.
If you like MAG, go mining others profitable coin with your GPU and sell it in Coinexchange and buy MAG there

thnks good to know...no point trying to use my gpus if  asics are mining this

[air_drop]

Hello! Please put who mines on d3, how many times does MAG coinage go?

[HendrixJimi]

Magnet coin is great! Are you experienced? The coin is very powerful in staking: I stake with 850 MGN and I earn 0.1 MAG/days. I want to buy more today on https://www.coinexchange.io/market/MAG/BTC - it's quite underrated, but must have a future. Thanks and Hodl Magnet! 

[Peter Sm.]

Magnet coin is great! Are you experienced? The coin is very powerful in staking: I stake with 850 MGN and I earn 0.1 MAG/days. I want to buy more today on https://www.coinexchange.io/market/MAG/BTC - it's quite underrated, but must have a future. Thanks and Hodl Magnet! 

Yea, good and stable coin, will be like dash!

[MOProgress]

Magnet coin is great! Are you experienced? The coin is very powerful in staking: I stake with 850 MGN and I earn 0.1 MAG/days. I want to buy more today on https://www.coinexchange.io/market/MAG/BTC - it's quite underrated, but must have a future. Thanks and Hodl Magnet! 

So it means if I stake 8.5k it will give 1MAG/day, so with the 8.5K I will earn 30MAG/Month. Damn I am buying more. Thanks for this information.

[acid316]

Magnet coin is great! Are you experienced? The coin is very powerful in staking: I stake with 850 MGN and I earn 0.1 MAG/days. I want to buy more today on https://www.coinexchange.io/market/MAG/BTC - it's quite underrated, but must have a future. Thanks and Hodl Magnet! 

So it means if I stake 8.5k it will give 1MAG/day, so with the 8.5K I will earn 30MAG/Month. Damn I am buying more. Thanks for this information.

Wait how do you stake?

[tiny-pool]

Magnet Coin (MAG) is available at tiny-pool.com
tiny-pool.com

Code:

-a x11 -o stratum+tcp://tiny-pool.com:3533 -u <WALLET_ADDRESS> -p c=MAG

can be tested at:

Code:

-a x11 -o stratum+tcp://tiny-pool.com:3533 -u MuSWB4Eit68JmXfv2x4NSNS6Stk3g28vbY -p c=MAG 

Pool Promotion fees : 0.2%
Low latency
Multi core, multi threads for higher performance
No Registration required.
60 Minute payouts
Random No fee mining only at tiny-pool

Block Explorer: https://tiny-pool.com/explorer/MAG
Discord: https://discord.gg/59rKPSy
Bounty to: MuSWB4Eit68JmXfv2x4NSNS6Stk3g28vbY

[bitChipper]

Magnet coin is great! Are you experienced? The coin is very powerful in staking: I stake with 850 MGN and I earn 0.1 MAG/days. I want to buy more today on https://www.coinexchange.io/market/MAG/BTC - it's quite underrated, but must have a future. Thanks and Hodl Magnet! 

So it means if I stake 8.5k it will give 1MAG/day, so with the 8.5K I will earn 30MAG/Month. Damn I am buying more. Thanks for this information.

I don't think those numbers are correct with staking, also at 8500 MAG you should just go ahead and buy the addition 1500 and
get a masternode at 10k Mag.

With a masternode after you set it up following guides in discord you will be making on average ~85 Mag per day. Good luck

[blockonomy]

Magnet coin is great! Are you experienced? The coin is very powerful in staking: I stake with 850 MGN and I earn 0.1 MAG/days. I want to buy more today on https://www.coinexchange.io/market/MAG/BTC - it's quite underrated, but must have a future. Thanks and Hodl Magnet! 

So it means if I stake 8.5k it will give 1MAG/day, so with the 8.5K I will earn 30MAG/Month. Damn I am buying more. Thanks for this information.

I don't think those numbers are correct with staking, also at 8500 MAG you should just go ahead and buy the addition 1500 and
get a masternode at 10k Mag.

With a masternode after you set it up following guides in discord you will be making on average ~85 Mag per day. Good luck

The calculation is 8500 * 7% annual returns from staking (595 mag) so a rate of 1.6 MAG daily.
The formula uses coin-day unit so it is almost a guaranteed return despite the PoS mining randomness as each day without win adds a multiplier (up to 48 days).
I would however agree that for a 1.5K additional investment, a masternode would produce greater returns on that amount.

[thiec]

OFFICIAL ANNOUNCEMENT

We have now updated the wallets to 1.3.0. This is a major MANDATORY update, please read attentively.

IMPORTANT NOTES
As voted by our community on Discord (join fork_voting channel to see results), we are implementing a hard fork at block 145000 (in about 7 days) to address masternode payments. It is highly recommended that you update your wallets, node and masternode software now to prevent any issue and service interruption.

SECLUDED BLOCK PAYMENTS
From height 145000, the consensus will verify that Proof-of-Work blocks include at least 2 outputs of which one pays for 50% of total outputs (a tolerance of 1 CENT is allowed either way). The maximum amount rewarded is still determined through previous consensus rules.
Any block not adhering to the above new rule will only be accepted if the total output amount does not exceed 25% of the current Proof-of-Work maximum reward. This allows secluded Proof-of-Work miners (no connection to masternodes) to still broadcast blocks but will prevent the unfair advantage of collecting the entire coinbase reward while also incentivizing them to work with masternodes and maximize their mutual profits (X2).
Additionally, for preparing the work on our blockchain-based solution (payment enforcement through smart contracts), we added an option which allows a node to gather depth data statistics on payments when enabled.

ADDITIONAL UPDATES
- fixed unlock issue with wallet password (staking only).
- performance improvements (Windows GUI CPU).
- configuration files are now accessible through menus.

LINKS
Github source: https://github.com/magnetwork/magnet
Wallets: http://magnetwork.io/#wallet
Guidelines for Fork: http://magnetwork.io/2018/01/26/upcoming-fork-impact-and-guidelines/

Only QT wallet for windows. Where is the daemon? (magnetd)?