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Author Topic: MGC Magneticoin SHA256 START 13.04.14  (Read 31349 times)
tripppn
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April 13, 2014, 03:22:40 AM
 #21

Stop creating shitcoins please. Thank you for your cooperation.
+1

Dev is still MIA....

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ddwy758
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April 13, 2014, 04:52:16 AM
 #22

I live mine machine has finally done !

hashhot
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April 13, 2014, 05:43:04 AM
 #23

pool http://mgc.hashhot.com  ..Please add it to OP.
tripppn
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April 13, 2014, 06:30:17 AM
 #24

pool http://mgc.hashhot.com  ..Please add it to OP.
I'm curious to see if OP gets updated before launch.

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jc12345
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April 13, 2014, 09:32:11 AM
 #25

How will wallet distribution work, password etc?
jc12345
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April 13, 2014, 12:43:01 PM
 #26

OP, you have to give out the wallet in advance but encrypted with a password eg. password protected ZIP file. This gives everyone the opportunity to download the wallet in advance. You then update OP with the password to open at 21:00. If you only post the wallet at 21:00, there will be many people trying to download at once and this will cause the server to be flooded and the wallet will take 40min to 1 hour to download with many unhappy miners. If you are serious about this coin and its launch, upload the encrypted wallet file several hours before the time.
Nthused
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April 13, 2014, 12:47:37 PM
 #27

Not bad but a Long time till block halving...

X11 is the New Algorithm becoming Mainstream.
tripppn
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April 13, 2014, 03:56:20 PM
 #28

3 hours to launch... Still no wallet, no dev, no hope for this coin.

“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
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DMacleod
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April 13, 2014, 05:17:37 PM
 #29

Any chance to mine it with GPU at least at the beginning?
tripppn
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April 13, 2014, 05:18:11 PM
 #30

Any chance to mine it with GPU at least at the beginning?
You might be the only 1 mining so who knows

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jc12345
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April 13, 2014, 05:35:08 PM
 #31

I see OP is online. Hopefully he reads these posts and gives us an encrypted wallet download with enough time to download before launch.
ovis30 (OP)
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April 13, 2014, 05:41:45 PM
 #32

Please do not worry  wallet and src shows up for download at 21:00 on the official website and forums Yours.
jc12345
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April 13, 2014, 05:42:54 PM
 #33

Please do not worry  wallet and src shows up for download at 21:00 on the official website and forums Yours.

Yes but to download takes a long time for some people and due to higher demand on the server can cause delays. It is not fair. You need to release an encrypted wallet beforehand and only release the password at 21:00. Unless of course you will allow an hour for people with slow connections to download the wallet before you turn the coin on.
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April 13, 2014, 05:48:43 PM
 #34

Any chance to mine it with GPU at least at the beginning?
Yes you can always mine with a GPU, keep in mind this is an SHA-256 coin not Scrypt, so in your miner like cgminer .bat file you'll not add --scrypt to the .bat file. If you're using an existing .bat file for a template, be sure to delete the --scrypt to make it run in sha256. Other miners like bfg or something will need you to add -ALGO=sha256d or --a sha256d to the file. I would strognly reccommend putting the GPUs in a pool rather than trying to solo though, because the asics will be going solo at first and putting the difficulty too high for a GPU to be effective solo mining Smiley

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MineP.it
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April 13, 2014, 06:26:46 PM
 #35

Will you be releasing the source on GitHub at launch time?

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ovis30 (OP)
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April 13, 2014, 06:59:26 PM
 #36

Start NOW Smiley
ralexvalex
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April 13, 2014, 07:01:57 PM
 #37

12k blocks premined. Not moving past 11769
tripppn
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April 13, 2014, 07:04:45 PM
 #38

12k blocks premined
Roll Eyes

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ralexvalex
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April 13, 2014, 07:06:10 PM
 #39

OK. Synked now. Diff 1K
sebalino
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April 13, 2014, 07:11:15 PM
 #40

no wallet 12k premined  great coin Shocked Shocked
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