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

[starmman]

Magi USD price is holding up - currently at $0.241 - seems to be faring better than most other coins I'm holding =)

[evryl]

who want mining as a way to share mining?
how to jointly mining?

[starmman]

who want mining as a way to share mining?
how to jointly mining?

Hi Evryl

Best thing to do is join a pool

There is a list here: -

https://poolinfo.systms.org/#magi

Good luck with your mining - and make sure you read the first post of this thread so that you can understand if Magi is right for you

[scaran]

Try doing a blockchain rescan by starting the wallet once with the -rescan parameter.

how i can do this? im newbie

Change the shortcut you use to open the wallet and add to the command line -rescan.
Or type in a DOS prompt in the wallet executable dir: m-wallet.exe -rescan

THX  man. 13 xmg coin now is on my local wallet

[evryl]

who want mining as a way to share mining?
how to jointly mining?

Hi Evryl

Best thing to do is join a pool

There is a list here: -

https://poolinfo.systms.org/#magi

Good luck with your mining - and make sure you read the first post of this thread so that you can understand if Magi is right for you

I want my own pool to pay no fees. solo dragging common from multiple people. how to do it? 100-150 people together.

[starmman]

I want my own pool to pay no fees. solo dragging common from multiple people. how to do it? 100-150 people together.

You'll need some kind of stratum server and port open to handle it which will likely cost more than the pool fees unless you have some free hosting.

Personally, I don't see a problem in paying the mining fees they are not too large in the grand scheme of things.

[kenesu]

Good day everyone!
What is good pool site for small hash gpu miner?

I got pom m-hash but it seems the pool got a lot of error and many miners exceeding the maximum limit of hashrate

Thanks for helping

Which GPU miner are you using? I didn't know that one was available.

It's cpu miner rather.. sorry for misunderstanding
(m-cpuminer-qt)

[william1980]

Hello Dev

Good luck for your project .

[starmman]

Looks like something is happening with the market - quite a bit of volatility

[mangofarmer]

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

[The Frisian]

Looks like something is happening with the market - quite a bit of volatility

It's just the ninja pump-a-dumper playing with its own coins.

[malafaya]

Try doing a blockchain rescan by starting the wallet once with the -rescan parameter.

how i can do this? im newbie

Change the shortcut you use to open the wallet and add to the command line -rescan.
Or type in a DOS prompt in the wallet executable dir: m-wallet.exe -rescan

THX  man. 13 xmg coin now is on my local wallet

Great! If you changed your shortcut, don't forget to put it back without -rescan. You surely don't want (or need) all that startup delay everytime you start the wallet

[malafaya]

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

I don't use Suprnova so I can't be sure if this could be the issue: are you using username.worker as the username parameter in your miner, i.e. -u someuser.someworker? Just the worker name alone won't work.

[mangofarmer]

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

I don't use Suprnova so I can't be sure if this could be the issue: are you using username.worker as the username parameter in your miner, i.e. -u someuser.someworker? Just the worker name alone won't work.

Yes. In the GUI it has worker or RPC name so I have put in the suprnova username.workername.

[fromcoins]

This project has come along way. Though haven't met up as expected yet did profit for me on the the exchange

[mangofarmer]

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

I don't use Suprnova so I can't be sure if this could be the issue: are you using username.worker as the username parameter in your miner, i.e. -u someuser.someworker? Just the worker name alone won't work.

Yes. In the GUI it has worker or RPC name so I have put in the suprnova username.workername.

I swapped over to minerd and finally got that to work. YAY!! With that tiny molecule of knowledge, I have now also managed to set up cpuminer-qt. Bear in mind this is an absolute first for me so everything that seems blatantly obvious to most of you is a moment of enlightenment here

However, I have one more question for those involved in the cpuminer-qt GUI. Under Mining Pool status, there is a drop down (I have chosen suprnova) and then it asks for a mining pool API key. Cue look of bewilderment and much frantic searching - nada. Could someone please tell me if I need to enter this and what value it should be? Many thanks

[vervetech]

You dont need the API key mate

also for your miners command line:

minerd.exe -a m7mhash -o stratum+tcp://address.of.pool:3333 -u poolusername.workername -p workerpassword

just pop the address of your chosen pool (usually under help> get started) then your poolusername is your user account on the pool, the workername i believe you have already found and the workerpassword is the password you have set for your worker (dont make this your user account password)


minerd.exe -a m7mhash -o -t 14 stratum+tcp://address.of.pool:3333 -u poolusername.workername -p workerpassword

You can use the above to throttle the miner a bit (note the -t ) if your actively using your PC, mine has 16 threads and i use this one to check my emails so i run it on 14 threads so its not unresponsive when i need to use it

[vervetech]

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

[bitekoin]

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

Yes I noticed that myself. Kinda wonder why someone would do that, maybe seeing the potential of this coin?

[pmsk]

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

4 months ago you knew: 43xmg @ 45Mh, 35 xmg @ 55Mh, 20xmg @ 65 Mh. Right now no one know hr/reward model, 1 xmg @ 70 Mh, 1 xmg @ 20Mh. Net hashrate, of cause.

From the other side low reward will not increase value. even 100 000 xmg, mined for 3 months, have no effect on price.

Big miners mine for nothing. Home users without big miners mine for nothing. Good work, joe.