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

[111magic]

do you have telegram chat?

https://t.me/joinchat/GVNlf0KUl9wA2xZosHEVQw

[Pyroboby7]

hmmm...

suprnova.cc just nosedived in its workers.. was over 1200 workers with a Global 80mhash/s rate  Now only 180 workers with Global 3mhash/s

Same with m-hash...

Wonder what broke?

Efficiency also just tanked, dropped down into the 80's for everyone.

Also noticed that Pom is making up the Network hashrate on its dashboard.  Something up?

[The Frisian]

This doesn't look good:

Code:

generated 40.22156043
ERROR: AcceptBlock() : proof-of-work block violation (prior PoS not seen or wait 10 mins) (height = 1596752)
ERROR: ProcessBlock() : AcceptBlock FAILED
ERROR: MagiMiner : ProcessBlock, block not accepted
MagiMiner:
new block found  

[111magic]

https://feedback.altcoinexchange.com/suggestions/2760/magi-xmg


--------- 
Noticed that. Just wait for Joe to check it.

[phriek]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

[Pyroboby7]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

And pom isnt working right either.

[vicelikedust]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

And pom isnt working right either.

I can confirm that Pom isn't working

[HODL_guy]

I remeber magi was delisted from polo, can you tell me why? low volume? It looks like a very solid project to me.

[starmman]

I remeber magi was delisted from polo, can you tell me why? low volume? It looks like a very solid project to me.

Polo never gave us a reason - we had low volume about 3 months before the delisting, following that volume was really high and we were hitting lots of highs in terms of cap and volume.

I think the reason was (greed) due to limited capacity and they decided to remove their coins with the lowest market cap to make way for coins with a higher cap.

Polo actually did worse out of the delisting than Magi. The result was a lot of people moving away from Polo and towards trex as they removed some very good coins and there was a pump on most of them a day before their announcement making insider trading very likely. A lot of credibility was lost due to the way they handled their purge.

On the flip side, the community rallied around Magi, we got more members on board and volume on Trex has been pretty good since with more highs.

[My9bot]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

maybe something like selfish mining

[crackfoo]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

we've shutdown m7m algo on zpool as all it was spewing was rejects.

[111magic]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

we've shutdown m7m algo on zpool as all it was spewing was rejects.

Thanks for the info. Dev is working on it!

[The Frisian]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

we've shutdown m7m algo on zpool as all it was spewing was rejects.

Thanks for the info. Dev is working on it!

Problem started from block   1596725.

[malafaya]

For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

we've shutdown m7m algo on zpool as all it was spewing was rejects.

Thanks for the info. Dev is working on it!

Just take a look at https://chainz.cryptoid.info/xmg/. Easy to see what the problem is: where are those PoS blocks or 10 minutes in between? I wonder if someone is finally doing something about this. I already reported this situation before, although it was not as blatant as it is now.

[seeksilence1]

something wrong? need to shutdown the pool?

[malafaya]

something wrong? need to shutdown the pool?

Someone just lost their shame and started mining blocks for the future with no restrain. Not sure if pools running with the supposed rules (2 PoS blocks between PoW, or 10 minutes) will have any possibilities at the moment. Problem is the longer this situation stays, the more it will take for it to fade away (current mined block is almost 2 hours in the future: if problem were solved now, we still would have to wait 2 hours to mine anything).

[seeksilence1]

I see. Lots of rejection message. I shut down the pools now.

[Pool]      [magicoin] (Thread 3) Daemon instance 0 rejected a supposedly valid block

[filoozom]

something wrong? need to shutdown the pool?

Someone just lost their shame and started mining blocks for the future with no restrain. Not sure if pools running with the supposed rules (2 PoS blocks between PoW, or 10 minutes) will have any possibilities at the moment. Problem is the longer this situation stays, the more it will take for it to fade away (current mined block is almost 2 hours in the future: if problem were solved now, we still would have to wait 2 hours to mine anything).

Yup, luckily there's a "safeguard" that prevents the network from accepting blocks that are more than 2 hours in the future, so it won't go much further. I just don't understand why staking doesn't work yet.

Also, this is all because of the PoW / PoS rule. This rule is kinda dumb, especially for a coin that wants to be energy efficient. The issue is that PoW miners spend most of their time mining for nothing right now, because their blocks will simply be rejected even if they found one. It also makes the coin a lot more fragile as we can all see today. This rule should just be removed.

[s0litaire]

urgh!
<Venting>
Been trying to get enough weight on my 60xmg to stake for a week now...
and today's debacle has taken be from 184 down to 181 in the past 3 hours
</Venting>

ahh feeling better...

[s0litaire]

Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...