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

[starmman]

I think the difficulty should be adjusted in such a way that blocks value never gets below say 10 XMG, this will lead to more guys prefering solo mining and pools like pom rather than minerclaim.

The moment a fixed difficulty is set on PoW OR PoS is the day I simultaneously quit MagiCoin mining and start shit-talking it to everyone who'd listen. That is by-far the worst thing that could happen to this coin, and trust me- This coin has seen a lot of ups and downs... Mainly downs.

I said the lower limit which is like 0.2 magi currently should be adjusted to 10 XMG, maximum limit is currently 40 I think, no matter how less the difficulty becomes this never increases, in the same way, no matter how much the difficulty increases, minimum no. of XMG should be limited to 10 xmg.

--------------------------------------------------------------------------------------------------------------
magi rigs for rent with very low one time payments. hashes upto 150khps and duration upto 1 year.
https://bitcointalk.org/index.php?topic=3907169.0

Do this and we'll see exponentially rising hashrate that never stops, just like bitcoin, etc.
The current rewards system doesn't work as well as hoped to keep hashrate (and power usage) under control, but it does work. If the minimum reward was fixed at 10XMG, I bet we'd top 1 GH in under 3 months.

Can you imagine the chaos that would happen from that?

I love chaos but man it would be utter bedlam

Haha, and if the HR didn't increase so much then the price would plummet with all the additional supply coming on board and not as much demand

[magirental]

I think the difficulty should be adjusted in such a way that blocks value never gets below say 10 XMG, this will lead to more guys prefering solo mining and pools like pom rather than minerclaim.

The moment a fixed difficulty is set on PoW OR PoS is the day I simultaneously quit MagiCoin mining and start shit-talking it to everyone who'd listen. That is by-far the worst thing that could happen to this coin, and trust me- This coin has seen a lot of ups and downs... Mainly downs.

I said the lower limit which is like 0.2 magi currently should be adjusted to 10 XMG, maximum limit is currently 40 I think, no matter how less the difficulty becomes this never increases, in the same way, no matter how much the difficulty increases, minimum no. of XMG should be limited to 10 xmg.

--------------------------------------------------------------------------------------------------------------
magi rigs for rent with very low one time payments. hashes upto 150khps and duration upto 1 year.
https://bitcointalk.org/index.php?topic=3907169.0

Do this and we'll see exponentially rising hashrate that never stops, just like bitcoin, etc.
The current rewards system doesn't work as well as hoped to keep hashrate (and power usage) under control, but it does work. If the minimum reward was fixed at 10XMG, I bet we'd top 1 GH in under 3 months.

Can you imagine the chaos that would happen from that?

I love chaos but man it would be utter bedlam

Haha, and if the HR didn't increase so much then the price would plummet with all the additional supply coming on board and not as much demand

as if with 0.2 coin price is becoming equal to bitsend or sumokoin.

[starmman]

Price is starting to look tempting to buy again - wonder if we'll get below 3200, if so, i'd be the first time since just before the Dec increase

[NZ-Moonman]

Any exchanges open for xmg again?  Bittrex seems to still be offline.

[bogec]

Any exchanges open for xmg again?  Bittrex seems to still be offline.

Tradesatoshi seems to be open and somebody said Cryptopia too.

[Jeremy450]

is the orphan blocks starting again? almost 4 hours ago.

had this happen in my wallet
Status: 0/unconfirmed, broadcast through 2 nodes
Date: 21/05/2018 22:43
Debit: 0.00 XMG
Transaction ID: b5c7da6afcd761da1375b0ebe173443bb9a5d81f8de6b56a864cb971cd5eb13d

[kipperedsnack]

https://Cryptopia.co.nz is confirmed up as of 4AM CST this morning or so.

Side note, I have a small little pool going at https://www.coinsump.com

We are trying to limit IPs to around 1MH/s max each.

We could use some more workers if anyone wants to give us a hand. 0% FEE's currently.

Code:

stratum+tcp://coinsump.com:6033 -u <wallet_adress> -p <rig_description>

[jonathin.r]

is the orphan blocks starting again? almost 4 hours ago.

had this happen in my wallet
Status: 0/unconfirmed, broadcast through 2 nodes
Date: 21/05/2018 22:43
Debit: 0.00 XMG
Transaction ID: b5c7da6afcd761da1375b0ebe173443bb9a5d81f8de6b56a864cb971cd5eb13d

I don't see that transaction anywhere on CryptoID or m-chain.info. Are you sure your copied and pasted everything correctly?
Also, did you initiate that transaction, or did it just appear in your wallet?

https://Cryptopia.co.nz is confirmed up as of 4AM CST this morning or so.

Side note, I have a small little pool going at https://www.coinsump.com

We are trying to limit IPs to around 1MH/s max each.

We could use some more workers if anyone wants to give us a hand. 0% FEE's currently.

Code:

stratum+tcp://coinsump.com:6033 -u <wallet_adress> -p <rig_description>

Hmm, I can't seem to connect. I used my Wallet Address as the username, and a one-word description of my miner, but I keep getting a stratum_recv_line failed error in cpuminer-opt.

[s0litaire]

is the orphan blocks starting again? almost 4 hours ago.

had this happen in my wallet
Status: 0/unconfirmed, broadcast through 2 nodes
Date: 21/05/2018 22:43
Debit: 0.00 XMG
Transaction ID: b5c7da6afcd761da1375b0ebe173443bb9a5d81f8de6b56a864cb971cd5eb13d

I don't see that transaction anywhere on CryptoID or m-chain.info. Are you sure your copied and pasted everything correctly?
Also, did you initiate that transaction, or did it just appear in your wallet?

https://Cryptopia.co.nz is confirmed up as of 4AM CST this morning or so.

Side note, I have a small little pool going at https://www.coinsump.com

We are trying to limit IPs to around 1MH/s max each.

We could use some more workers if anyone wants to give us a hand. 0% FEE's currently.

Code:

stratum+tcp://coinsump.com:6033 -u <wallet_adress> -p <rig_description>

Hmm, I can't seem to connect. I used my Wallet Address as the username, and a one-word description of my miner, but I keep getting a stratum_recv_line failed error in cpuminer-opt.

Hmm.. it's working fine on my cpuminer-opt build using:

Code:

/usr/local/bin/cpuminer -q --no-color -a m7m -o stratum+tcp://coinsump.com:6033 -u <my address> -p <description>

anything else in the log file?

[kipperedsnack]

is the orphan blocks starting again? almost 4 hours ago.

had this happen in my wallet
Status: 0/unconfirmed, broadcast through 2 nodes
Date: 21/05/2018 22:43
Debit: 0.00 XMG
Transaction ID: b5c7da6afcd761da1375b0ebe173443bb9a5d81f8de6b56a864cb971cd5eb13d

I don't see that transaction anywhere on CryptoID or m-chain.info. Are you sure your copied and pasted everything correctly?
Also, did you initiate that transaction, or did it just appear in your wallet?

https://Cryptopia.co.nz is confirmed up as of 4AM CST this morning or so.

Side note, I have a small little pool going at https://www.coinsump.com

We are trying to limit IPs to around 1MH/s max each.

We could use some more workers if anyone wants to give us a hand. 0% FEE's currently.

Code:

stratum+tcp://coinsump.com:6033 -u <wallet_adress> -p <rig_description>

Hmm, I can't seem to connect. I used my Wallet Address as the username, and a one-word description of my miner, but I keep getting a stratum_recv_line failed error in cpuminer-opt.

Sorry to hear that Jonathon, I think perhaps if it is working, as it should be... you just caught it at the very fraction of a second I had reset some things in order to verify yet a third payment set was made, and promptly whizzed off to the Doctor's office.

Should be healthy, and we just discovered our third block this morning

Total Pool Hash Rate: Under 2MH/s so far...
Whale Blubber: Healthy size, no fatty mcblubberson. I think a good few users with 400Kh-1Mh/s hash is decent for a pool. And keeps the little ones healthy.
Total Payout Over 36 Hours: Almost 10XMG

And thank you for the help in the forum, I used your answers and pointers more than once in the past week or so as I get familiarized with crypto again via Magi. Thank you!

[jonathin.r]

Hmm.. it's working fine on my cpuminer-opt build using:

Code:

/usr/local/bin/cpuminer -q --no-color -a m7m -o stratum+tcp://coinsump.com:6033 -u <my address> -p <description>

anything else in the log file?

Hmm, I switched my --url bit to -o, and it seems to be working! Thanks for the help.

[Jeremy450]

is the orphan blocks starting again? almost 4 hours ago.

had this happen in my wallet
Status: 0/unconfirmed, broadcast through 2 nodes
Date: 21/05/2018 22:43
Debit: 0.00 XMG
Transaction ID: b5c7da6afcd761da1375b0ebe173443bb9a5d81f8de6b56a864cb971cd5eb13d

I don't see that transaction anywhere on CryptoID or m-chain.info. Are you sure your copied and pasted everything correctly?
Also, did you initiate that transaction, or did it just appear in your wallet?

Yep Exact copy and paste.
i only removed the stacking aount.

[ulorentz]

I hope Joe will tell to Bittrex to reopen their wallet. It is a big problem for me the fact it is closed.

[bercraft]

to joelao95 with hope

Hi i'm mining xmg from a while now and i made a pool with 0%fee made for people who just want to mine i made it bedause there are too much powerfull pools around and i was asking my self if you can add it to the list that you have already posted https://xmr2018.com/   i know it's xmr it was an error  if you want proof that this is not a scam i'm ready to give you all the source file used and all of the information you request thank you for your time and attention.
best regards

sorry my english

[kipperedsnack]

Some orphan blocks this morning on the network, but everything seems to have sorted itself out on the pools. This is good!

[starmman]

Some orphan blocks this morning on the network, but everything seems to have sorted itself out on the pools. This is good!

Haha, I like your username kipperedsnack

[kipperedsnack]

Some orphan blocks this morning on the network, but everything seems to have sorted itself out on the pools. This is good!

Haha, I like your username kipperedsnack

I pretty much survive on them... lol.

[Bros_3]

Is your token ERC20 based ?

[tazzz013]

Can anyone explain why the Pool hashrate and Net hashrate at Minerclaim is always jumping back and forth?  As or right now the Pool is higher than the Net.  Just trying to understand and learn.

[edward0181]

Can anyone explain why the Pool hashrate and Net hashrate at Minerclaim is always jumping back and forth?  As or right now the Pool is higher than the Net.  Just trying to understand and learn.

Pools hashrate is the total hashrate in that pool

Nethashrate is an average over the past few blocks, it's always an average...