[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]

[111magic]

sorry for the noob question here. Do I need any additional hardware to mine this?
thanks for helping me out

Welcome! If you have a computer that is able to run the miner - you can mine. As this is a cpu-only coin, a standard cpu will be enough.

thank you so much after I install the miner app. Do i need to change some setup files? Sorry for the questions, just getting started to know more other than faucets

It was a long time ago i mined myself but it all depends on if you are going to solo-mine or using a pool. For new people, i recommend using one of the pools listed on https://poolinfo.systms.org

Never hesitate to ask questions here! Magi community was voted for most friendly community in 2016 so its never a problem to ask questions.

[1715595381]

1715595381

[1715595381]

1715595381

[starmman]

sorry for the noob question here. Do I need any additional hardware to mine this?
thanks for helping me out

Welcome! If you have a computer that is able to run the miner - you can mine. As this is a cpu-only coin, a standard cpu will be enough.

thank you so much after I install the miner app. Do i need to change some setup files? Sorry for the questions, just getting started to know more other than faucets

Welcome to the magi community. Be aware that Magi mining gives different rewards based on the total people (combined hash rate) mining to deter big players from coming in and taking all the coins. This may make the payout frequencies look a bit random at first - but all has logic, best thing to have with Magi is patience.

[111magic]

Received a reply from Poloniex.
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Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
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[sigma2543]

sorry for the noob question here. Do I need any additional hardware to mine this?
thanks for helping me out

Welcome! If you have a computer that is able to run the miner - you can mine. As this is a cpu-only coin, a standard cpu will be enough.

thank you so much after I install the miner app. Do i need to change some setup files? Sorry for the questions, just getting started to know more other than faucets

It was a long time ago i mined myself but it all depends on if you are going to solo-mine or using a pool. For new people, i recommend using one of the pools listed on https://poolinfo.systms.org

How much coin can you actually get of this caliber on a cpu miner?  Just curious.  I've only ever mined with a gridseed

TY

[111magic]

sorry for the noob question here. Do I need any additional hardware to mine this?
thanks for helping me out

Welcome! If you have a computer that is able to run the miner - you can mine. As this is a cpu-only coin, a standard cpu will be enough.

thank you so much after I install the miner app. Do i need to change some setup files? Sorry for the questions, just getting started to know more other than faucets

It was a long time ago i mined myself but it all depends on if you are going to solo-mine or using a pool. For new people, i recommend using one of the pools listed on https://poolinfo.systms.org

How much coin can you actually get of this caliber on a cpu miner?  Just curious.  I've only ever mined with a gridseed

TY

Depends on the total network hashrate. What kind of cpu miner do you mean?

[xms]

Received a reply from Poloniex.
--------------------------------------------------------------------------------------------
Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
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hey magic,

the replay does not make sense, why would you delist a coin thats worth almost 10000 sat ?? at that time??
the truth will come out, always

[111magic]

Received a reply from Poloniex.
--------------------------------------------------------------------------------------------
Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
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hey magic,

the replay does not make sense, why would you delist a coin thats worth almost 10000 sat ?? at that time??
the truth will come out, always

I don't know amigo. I sent another message and we will see.

[ex33s]

sorry for the noob question here. Do I need any additional hardware to mine this?
thanks for helping me out

Welcome! If you have a computer that is able to run the miner - you can mine. As this is a cpu-only coin, a standard cpu will be enough.

thank you so much after I install the miner app. Do i need to change some setup files? Sorry for the questions, just getting started to know more other than faucets

It was a long time ago i mined myself but it all depends on if you are going to solo-mine or using a pool. For new people, i recommend using one of the pools listed on https://poolinfo.systms.org

How much coin can you actually get of this caliber on a cpu miner?  Just curious.  I've only ever mined with a gridseed

TY

When i was mining on my i7-3770 i could push it to ~32 kh/s over 8 threads, this would give ~2-4 xmg (for 24kh/s) per day when looking on pool stats. You need to take the block reward into account to. So that can go up and down.

[starmman]

Received a reply from Poloniex.
--------------------------------------------------------------------------------------------
Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
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Sad news - thanks for sharing the response - I never heard of Polo changing their minds either =( still no harm in trying...

[HR]

Received a reply from Poloniex.
--------------------------------------------------------------------------------------------
Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
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Complete confirmation: a bunch of stupid fucking dicks. Literally. And that's being nice.

Hope they get their due.

[ex33s]

Received a reply from Poloniex.
--------------------------------------------------------------------------------------------
Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
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Complete confirmation: a bunch of stupid fucking dicks. Literally. And that's being nice.

Hope they get their due.

Couldn't agree more with you there. I've moved all my funds from them. Since they don't even can respond to simple ticket about the delisting. They could even give me the same BS answer but haven't.
Imho - It's not worth to put more energy on Poloniex but to support those exchanges that are happy to have us

Price is slowly going in an upwards trend now

[starmman]

Received a reply from Poloniex.
--------------------------------------------------------------------------------------------
Unfortunately from time to time however, we must make a call whether to keep a market or to remove it. I am afraid that there is not a single metric that we use but rather several factors that weigh in to this final decision. As much as we would like to keep the markets that we chose to list, it is inevitable that some will have to be removed at some point. I am afraid MAGI is one of these on this occasion.
--------------------------------------------------------------------------------------------
 

Complete confirmation: a bunch of stupid fucking dicks. Literally. And that's being nice.

Hope they get their due.

It'll happen eventually if they carry on the way they have - I had already moved 50% of my Polo capital out of the exchange after they delisted XDN in the last round. They think they are too big right now - CEX.IO did something similar a few years ago - and their usuage has really dropped.

I suspect everybody will eventually prefer using trex and cryptopia - then they will get greedy and start doing the same as Polo... In the end people will be forced to move to decentralised exchanges to stop this kind of behaviour.

[starmman]

Price is slowly going in an upwards trend now

Yeah - its looking much better than I expected - shame I missed a few low buy orders LOL

[The Frisian]

Price is slowly going in an upwards trend now

Yeah - its looking much better than I expected - shame I missed a few low buy orders LOL

Price still extremely low, still buying.
Exchanges volume back to 2 ~ 3 BTC a day, it was fun those 50+ BTC days at Polo.

[ex33s]

Price is slowly going in an upwards trend now

Yeah - its looking much better than I expected - shame I missed a few low buy orders LOL

Price still extremely low, still buying.
Exchanges volume back to 2 ~ 3 BTC a day, it was fun those 50+ BTC days at Polo.

Agree, it's a grand opportunity to invest in magi. Or refill you current magi stock.

Yea, those +50 btc days is fun Trading is always fun. I got ~1k xmg trading with, the rest I got is in a wallet staking

[no1dead]

It doesn't matter if you are delisted from there, just move on, forget the bad poloniex.    Bittrex and cryptopia are good exchanges, we can be there too, poloniex is not the whole life.

PS: main trading will happen in Bittrex, the second largest altcoin exchange, not bad. 

[111magic]

It doesn't matter if you are delisted from there, just move on, forget the bad poloniex.    Bittrex and cryptopia are good exchanges, we can be there too, poloniex is not the whole life.

Thats right amigo. Magi will continue with that!

[kubye]

the delist with the poloniex was a big bad news

[ex33s]

It doesn't matter if you are delisted from there, just move on, forget the bad poloniex.    Bittrex and cryptopia are good exchanges, we can be there too, poloniex is not the whole life.

Agree, there's no need to put in energy in polo. It's better to use that energy for the community and supporting exchanges like cryptopia and bittrex.
Any ides on how to get stuff moving?

the delist with the poloniex was a big bad news

Actually, is it? We can concentrate on getting magi from awesome and wonderful to utterly beautiful and even more awesome. As i see it, we are still strong and moving upwards.
From my point of view we can now be better at spreading the volume between exchanges. It's a good thing.

From my point of view, magi will get even stronger.

 

[111magic]

It doesn't matter if you are delisted from there, just move on, forget the bad poloniex.    Bittrex and cryptopia are good exchanges, we can be there too, poloniex is not the whole life.

Agree, there's no need to put in energy in polo. It's better to use that energy for the community and supporting exchanges like cryptopia and bittrex.
Any ides on how to get stuff moving?

the delist with the poloniex was a big bad news

Actually, is it? We can concentrate on getting magi from awesome and wonderful to utterly beautiful and even more awesome. As i see it, we are still strong and moving upwards.
From my point of view we can now be better at spreading the volume between exchanges. It's a good thing.

From my point of view, magi will get even stronger.

 

Right words amigo