earl3000
Newbie
 Offline
Activity: 82
Merit: 0
|
 |
March 21, 2018, 12:29:21 PM
Last edit: March 21, 2018, 12:40:30 PM by earl3000 |
|
hello
I'm currently solo mining with 140 kh/s how do I know if I found a block and on wich wallet will I get the payout?
and on witch kh/s is the max hashing rate before I get less block reward?
and is this for each wallet or is this for each miner?
and how does the chain know my hashing speed?
you can add the parameter --coinbase-addr=<wallet-public-address> to your miner calls, and regardless on which wallet you are mining it should be paid out to that public-address, or at least that is how I understood the documentation. Like this you will always know where the reward will be paid out. (just for solo mining)I hope this information is helpful.  |
|
|
|
|
|
|
|
|
|
|
|
|
|
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
111magic
Legendary
Offline
Activity: 1750
Merit: 1005
|
|
March 23, 2018, 06:23:22 AM |
|
https://m-core.org/Magi website is back online!
|
bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
|
|
|
starmman
Legendary
Offline
Activity: 1484
Merit: 1029
|
|
March 23, 2018, 08:39:33 AM |
|
Great to hear - I'll update the reddit page too EDIT: Earl3000 beat me to it LOL |
|
|
|
|
earl3000
Newbie
Offline
Activity: 82
Merit: 0
|
|
March 23, 2018, 10:38:18 AM |
|
Great to hear - I'll update the reddit page too EDIT: Earl3000 beat me to it LOL Well it was easy, since the homepage was down I check every day reddit, than m-core.org and than again reddit. Than rinse and repeat  Okay sometimes I check this forum |
|
|
|
|
111magic
Legendary
Offline
Activity: 1750
Merit: 1005
|
|
March 24, 2018, 08:37:50 AM |
|
Great to hear - I'll update the reddit page too EDIT: Earl3000 beat me to it LOL Well it was easy, since the homepage was down I check every day reddit, than m-core.org and than again reddit. Than rinse and repeat Okay sometimes I check this forum Nice welcome here! |
bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
|
|
|
starmman
Legendary
Offline
Activity: 1484
Merit: 1029
|
|
March 24, 2018, 09:32:06 AM |
|
Great to hear - I'll update the reddit page too EDIT: Earl3000 beat me to it LOL Well it was easy, since the homepage was down I check every day reddit, than m-core.org and than again reddit. Than rinse and repeat Okay sometimes I check this forum Haha, lets see if we get any price movement over the weekend - volume has been pretty low lately |
|
|
|
|
galio_ico
Member
Offline
Activity: 190
Merit: 10
|
|
March 25, 2018, 04:24:09 PM |
|
hello
I'm currently solo mining with 140 kh/s how do I know if I found a block and on wich wallet will I get the payout?
and on witch kh/s is the max hashing rate before I get less block reward?
and is this for each wallet or is this for each miner?
and how does the chain know my hashing speed?
you can add the parameter --coinbase-addr=<wallet-public-address> to your miner calls, and regardless on which wallet you are mining it should be paid out to that public-address, or at least that is how I understood the documentation. Like this you will always know where the reward will be paid out. (just for solo mining)I hope this information is helpful. you guys're mining XMG right? may I ask what is the profit, or did you get any profit back from that invest? cause I saw that CPU mining just not efficiency. don't know if til the cpu die, did it mined enough the money that you invest for hardware? thank you! |
|
|
|
earl3000
Newbie
Offline
Activity: 82
Merit: 0
|
|
March 25, 2018, 07:43:39 PM |
|
you guys're mining XMG right? may I ask what is the profit, or did you get any profit back from that invest?
cause I saw that CPU mining just not efficiency. don't know if til the cpu die, did it mined enough the money that you invest for hardware?
thank you!
I started mining some days ago, but at present I don't think you could get the hardware cost back soon. Even with a raspberry Pi where the power cost are minimal, the return is pretty small. 2 week mining in an pool with one Raspberry Pi 3 ~ 0,55 XMG (or less) = a year about 15 XMG or so. To get the price for the PI back it would take rough 8 year (not counting the electricity, other stuff like Internet, SD-Card, ... ), but if you have hardware at home or you don't have to pay electricity it might be worth a shot (or running in the background of your computer, with lower efficiency). I hope this info might help a bit. btw. here is a link to a claculator https://bitcoingarden.org/forum/index.php?topic=4544.msg230586#msg230586 |
|
|
|
|
vortexz
Legendary
Offline
Activity: 1120
Merit: 1001
|
|
March 25, 2018, 08:24:28 PM |
|
I recently found XMG these days and I feel intrigued through the project. Could it be still rewarding to my own this coin?
|
|
|
|
|
starmman
Legendary
Offline
Activity: 1484
Merit: 1029
|
|
March 26, 2018, 05:46:58 AM |
|
I recently found XMG these days and I feel intrigued through the project. Could it be still rewarding to my own this coin?
I hope so, historically - for me, Magi has been my most profitable coin for trading - its been a little slow the last few weeks, but the price is at a very good entry point |
|
|
|
|
lennox_dan
Newbie
Offline
Activity: 70
Merit: 0
|
|
March 26, 2018, 05:53:10 AM |
|
I recently found XMG these days and I feel intrigued through the project. Could it be still rewarding to my own this coin?
Yes I guess. It can be still rewarded. |
|
|
|
|
earl3000
Newbie
Offline
Activity: 82
Merit: 0
|
|
March 26, 2018, 07:24:09 AM |
|
I recently found XMG these days and I feel intrigued through the project. Could it be still rewarding to my own this coin?
I hope so, historically - for me, Magi has been my most profitable coin for trading - its been a little slow the last few weeks, but the price is at a very good entry point I'm new to crypto and Mag/XMG and I'm an IT Guy, so not the best financial analyst/advisor/..., but the price of magi/XMG in the last month is very promising, even though BTC was falling. In any case XMG, through the PoS, seems suitable for long term investments (#HOLD). Disclaimer: I am not a financial advisor!!! |
|
|
|
|
Filkus
Newbie
Offline
Activity: 53
Merit: 0
|
|
March 26, 2018, 03:14:33 PM |
|
[/quote]
you guys're mining XMG right? may I ask what is the profit, or did you get any profit back from that invest?
cause I saw that CPU mining just not efficiency. don't know if til the cpu die, did it mined enough the money that you invest for hardware?
thank you!
[/quote]
It is profitable for me because I use the laptop and cellphones, that I already own, to mine.
That makes my equipment costs $0
I have even put two old android cellphones, that were just sitting in a drawer, to work.
In the apartment in which I live, utilities are a fixed price each month, so I am not paying any more than I would.
(Electricity charge $0)
I LOVE MAGI COIN!!!!!!!!!!!!!!!!!!!!! (XMG)
Steve C.
|
|
|
|
|
earl3000
Newbie
Offline
Activity: 82
Merit: 0
|
|
March 26, 2018, 03:49:50 PM |
|
It is profitable for me because I use the laptop and cellphones, that I already own, to mine.
That makes my equipment costs $0
I have even put two old android cellphones, that were just sitting in a drawer, to work.
In the apartment in which I live, utilities are a fixed price each month, so I am not paying any more than I would.
(Electricity charge $0)
I LOVE MAGI COIN!!!!!!!!!!!!!!!!!!!!! (XMG)
Steve C.
In this case it makes sense, since any profit made is net profit, and if you watch the efficiency of the miner and prevent overheating the toll on the hardware should not be much higher than normal usage. That's why I have the miner always running, when I use my computer. (okay when I play online I turn it of, to be sure to have the max performance) |
|
|
|
|
ibgeek
Newbie
Offline
Activity: 25
Merit: 0
|
|
March 26, 2018, 04:55:31 PM |
|
Anyone know what's going on with Luckypool? Any ETA for them getting back online?
|
|
|
|
|
earl3000
Newbie
Offline
Activity: 82
Merit: 0
|
|
March 27, 2018, 08:40:49 AM |
|
Anyone know what's going on with Luckypool? Any ETA for them getting back online?
Given this harsh price drop probably never again.  |
|
|
|
|
|
Ginzink
|
|
March 27, 2018, 08:59:05 AM |
|
Anyone know what's going on with Luckypool? Any ETA for them getting back online?
Given this harsh price drop probably never again. Yes times are probably hard for a lot of pool operators now. Costs remain the same while the reward for hosting a pool is quite low now compared to the peak. But for well run operations it should still be quite easy to make a profit i would think  |
|
|
|
|
kosaet
Legendary
Offline
Activity: 938
Merit: 1001
|
|
March 27, 2018, 05:12:57 PM |
|
Very best way with this? How can I deliver coins which are currently trapped in "stake" and/or avoid them through being useless while staking?
|
|
|
|
|
starmman
Legendary
Offline
Activity: 1484
Merit: 1029
|
|
March 27, 2018, 09:40:16 PM |
|
Very best way with this? How can I deliver coins which are currently trapped in "stake" and/or avoid them through being useless while staking?
Hi, As far as I understand, Whilst you are staking - you are effectively allowing the coins in your wallet to create another block - whilst the stake is being confirmed your coins will be blocked - the best thing to do is disable PoS minting and wait a few hours for your staking of coins to be confirmed. If somebody found a way to release coins from staking, please correct me =) |
|
|
|
|
|
