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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 2375190 times)
111magic
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December 22, 2014, 09:45:07 PM
 #4661

Nice CPU Coin  Grin

Thanks and welcome in the great growing Magi community!!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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111magic
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December 22, 2014, 11:23:33 PM
 #4662

The unique Magi (XMG) has launched the New Years lottery in the IRC.
Buy 1 ticket for 1 XMG and win the grand prize! Jackpot is 1000 XMG (or more)
END ON 12/31/12 at 06:00pm EST
Check the Magi IRC here:

https://kiwiirc.com/client/irc.freenode.net/#magi
First register your nick.
Ask for address
!address
Deposit some XMG and buy your ticket.
Command for lottery:
!tip rafflebot 1

You can buy more than one ticket but only one at the time!

Good Luck and enjoy!!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
Spexx
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December 23, 2014, 01:59:40 AM
 #4663

In any case, we're thinking to have a legal registration for magipay. If some people experienced in this kind, please let us know the necessity and how to get it done. I think we need more advanced advice on this.
I have experience of setting up UK companies - it's a cinch actually. For something like Magipay we need some specialist advice. Offshore tax havens and shit. It just so happens that my son's partner is an accountant. Let me have a word and I will get back to you.

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December 23, 2014, 03:31:53 AM
 #4664

Does anyone have issues with digitalocean disabling the droplet due to high network usage issue?

[VPS mining guide]

Register your VPS through the following referral link to support this project:
Digitalocean: https://www.digitalocean.com/?refcode=0881d086fee6
VULTR: http://www.vultr.com/?ref=6812659
Through the referral link, Digitalocean gives free credit which allows free VPS service.

This guild covers VPS setting up, compiling cpuminer and running pool or solo mining.

1) Set up a VPS server.

2) Get the login information from the email received (IP and password), typically
Code:
ssh root@IP
This is a command to ssh login the VPS. You'lll need to figure out ssh, for example, http://www.putty.org/ for windows.

3) Once login, copy and paste the following commands (you can choose different username than magi)
Code:
adduser magi
follow instructions to set up a user (only need to create password)

Code:
/usr/sbin/visudo
edit this section (add line"magi ..."):
Quote
## User privilege specification
root    ALL=(ALL:ALL) ALL
magi   ALL=(ALL:ALL) ALL

4) Exit and ssh again with (i.e., regular user login rather prior root user)
Code:
ssh magi@IP

5) Upgrade and install packages:
Code:
sudo apt-get update
sudo apt-get upgrade
sudo apt-get install git screen automake build-essential libboost-all-dev libdb5.1-dev libdb5.1++-dev libminiupnpc-dev libcurl4-openssl-dev libgmp-dev
(input your password if asking)

6) This is a need if you choose 512 M memory during VPS creation
Code:
sudo dd if=/dev/zero of=/swapfile bs=64M count=16
sudo mkswap /swapfile
sudo swapon /swapfile

Turn on swap permanently by adding it to the fstab file:
Code:
sudo nano /etc/fstab
 /swapfile       none    swap    sw      0       0

DON'T do the following steps unless you know what they mean:
Code:
sudo swapon -s
sudo swapoff /swapfile
sudo rm /swapfile

7) Compile cpuminer (copy and past following command)
Code:
cd
git clone https://github.com/noncepool/m7magi-cpuminer-v2
cd m7magi-cpuminer-v2
./autogen.sh
CFLAGS="-O3" ./configure
make
sudo cp minerd /usr/local/bin
(notice any errors, let me know if you stuck somewhere)

8-) Pool mining
We need put the miner a screen session so it will run even when we logout VPS:
Code:
screen -S magi
To use Nonce-pool:
Code:
minerd -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u <username> -p <password>
To use Suprnova pool:
Code:
minerd -o stratum+tcp://xmg.suprnova.cc:7128 -u <username> -p <password>
<username> and <password> are the worker and password you setup in the pool (check the pool website for info; ask me if you don't know how to set it up)
Press “CTRL+a” and then press “D” to detach from the screen session (get back to prior command line). Under regular command line you can check if the screen section is alive:
Code:
screen -ls
If you remember (i.e., magi), simply issue
Code:
screen -r magi
to back to the mining screen. You logout/login to check if the mining is still going on.
Quote
Press “CTRL+A+D”;
Code:
exit
ssh magi@IP
screen -r magi

Basically you're done pool mining! [screen shot]
http://cryptomagic.com/misc/images/mining/vps/vps-mining.png

If you interested to solo mining, please continue reading.

9) Compile and run Magi wallet
Code:
cd
git clone https://github.com/magi-project/magi
cd magi/src
make -f makefile.unix
Create a conf file which should be in the folder: ~/.magi (magi is the user we created)
(magi.conf is not necessary, unless you will sole mine; use more complicated pass as you like)
Code:
cd ~/.magi
emacs magi.conf
emacs is text edit tool, use any you like. save the following content:
Quote
daemon=1
server=1
rpcport=8232
rpcallowip=127.0.0.1
rpcuser=rpcuser
rpcpassword=rpcpass

Code:
cd ~/magi/src
./magid &
The last command runs the daemon.

10) Solo mining
Code:
./minerd --url http://127.0.0.1:8232 --user rpcuser --pass rpcpass --threads <number of threads>
8232 is rpcport, rpcuser and rpcpass are user and password you set in magi.conf
set <number of threads> to a number, matching with the threads of your needs.
jawitech
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December 23, 2014, 03:42:30 AM
 #4665

They didn't disable mine but the hashrate decreased a lot. Try vultr.com, didn't have any problem with them. A link can be found in the tutorial.
turkandjaydee
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December 23, 2014, 03:59:07 AM
 #4666

That doesnt make any sense, mining doesnt use that much network resource.
Does anyone have issues with digitalocean disabling the droplet due to high network usage issue?

//
jawitech
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December 23, 2014, 04:12:28 AM
 #4667

That doesnt make any sense, mining doesnt use that much network resource.

I guess he means CPU usage.

http://www.reddit.com/r/Bitcoin/comments/2cqxdh/digitalocean_locked_my_account_and_sent_me_this/
https://www.digitalocean.com/community/questions/is-cryptocoin-mining-allowed
seeksilence
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December 23, 2014, 05:52:45 AM
 #4668

9) Compile and run Magi wallet

Code:

cd
git clone https://github.com/magi-project/magi
cd magi/src
make -f makefile.unix

The cpu-miner was compiled successfully.
But could not compile the wallet in ubuntu 14.10. Error:
util.h:27:25: fatal error: openssl/sha.h: No such file or directory

Any suggestion?

Spexx
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December 23, 2014, 06:01:22 AM
 #4669

9) Compile and run Magi wallet

Code:

cd
git clone https://github.com/magi-project/magi
cd magi/src
make -f makefile.unix

The cpu-miner was compiled successfully.
But could not compile the wallet in ubuntu 14.10. Error:
util.h:27:25: fatal error: openssl/sha.h: No such file or directory

Any suggestion?

Looks like you need to install the openssl library into your compiler.

https://www.openssl.org/

halfnode
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December 23, 2014, 06:26:54 AM
 #4670


nah, in their support question, they specifically said network resource. Which is why i was kinda puzzled and wanted to see if others got blocked for the same reason.
111magic
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December 23, 2014, 07:22:56 AM
 #4671

Magi (XMG)  New Year Lottery thread:

https://bitcointalk.org/index.php?topic=902823.0

Magi (XMG) new topic on Cryptos.us

http://cryptos.us/forum/announcements/33-ann-xmg-magi-1e-posii-1e-pom-m7m-cpu-only-bittrex-poloniex

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
Singman33
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December 23, 2014, 02:48:37 PM
 #4672

As always with PoS coin, no clear how-to for CLI wallets.
So I have some coins since 1 week in my wallet and still nothing :
Code:
$ magid getinfo
{
    "version" : "v1.1.0.2-magi",
    "protocolversion" : 71040,
    "walletversion" : 60000,
    "balance" : 37.41486193,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 110589,
    "timeoffset" : 0,
    "moneysupply" : 2520974.68641076,
    "connections" : 10,
    "proxy" : "",
    "ip" : <hidden>,
    "difficulty" : {
        "proof-of-work" : 1.64351097,
        "proof-of-stake" : 0.02095125
    },
    "testnet" : false,
    "keypoololdest" : 1418755506,
    "keypoolsize" : 102,
    "mininput" : 0.00000000,
    "paytxfee" : 0.00010000,
    "errors" : ""
}
Wallet is not locked, no pass-phrase.

Could you please post your magi.conf?

~/.magi$ more magi.conf
Code:
rpcuser=magicoinrpc
rpcpassword=<big password hidden>
rpcallowip=0.0.0.0
rpctimeout=30
maxconnections=10

upnp=1
par=1
server=1
shrinkdebugfile=1
#printtoconsole=1
daemon=1
ex33s
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December 23, 2014, 03:09:38 PM
 #4673

As always with PoS coin, no clear how-to for CLI wallets.
So I have some coins since 1 week in my wallet and still nothing :
Code:
$ magid getinfo
{
    "version" : "v1.1.0.2-magi",
    "protocolversion" : 71040,
    "walletversion" : 60000,
    "balance" : 37.41486193,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 110589,
    "timeoffset" : 0,
    "moneysupply" : 2520974.68641076,
    "connections" : 10,
    "proxy" : "",
    "ip" : <hidden>,
    "difficulty" : {
        "proof-of-work" : 1.64351097,
        "proof-of-stake" : 0.02095125
    },
    "testnet" : false,
    "keypoololdest" : 1418755506,
    "keypoolsize" : 102,
    "mininput" : 0.00000000,
    "paytxfee" : 0.00010000,
    "errors" : ""
}
Wallet is not locked, no pass-phrase.

Could you please post your magi.conf?

~/.magi$ more magi.conf
Code:
rpcuser=magicoinrpc
rpcpassword=<big password hidden>
rpcallowip=0.0.0.0
rpctimeout=30
maxconnections=10

upnp=1
par=1
server=1
shrinkdebugfile=1
#printtoconsole=1
daemon=1

Thanks, with that config it should stake. Do you see any transactions?

Singman33
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December 23, 2014, 03:30:26 PM
 #4674

Thanks, with that config it should stake. Do you see any transactions?
Good point, no traffic in debug.log. Restarted the wallet... Look like transactions flowing again. I will wait one day and give you if PoS is working.

BTW, no error messages and nothing in log, wallet just get stuck...
joelao95 (OP)
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December 23, 2014, 03:36:44 PM
 #4675

Thanks, with that config it should stake. Do you see any transactions?
Good point, no traffic in debug.log. Restarted the wallet... Look like transactions flowing again. I will wait one day and give you if PoS is working.

BTW, no error messages and nothing in log, wallet just get stuck...

"stuck", Isn't the block data up to date? Also does the green mining symbol shows up at the right bottom of qt wallet, what does it say when moving cursor hover on it?


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95 (OP)
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December 23, 2014, 03:41:10 PM
 #4676

9) Compile and run Magi wallet

Code:

cd
git clone https://github.com/magi-project/magi
cd magi/src
make -f makefile.unix

The cpu-miner was compiled successfully.
But could not compile the wallet in ubuntu 14.10. Error:
util.h:27:25: fatal error: openssl/sha.h: No such file or directory

Any suggestion?
Install the packages as shown in this post:
https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95 (OP)
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December 23, 2014, 03:42:36 PM
 #4677

They didn't disable mine but the hashrate decreased a lot. Try vultr.com, didn't have any problem with them. A link can be found in the tutorial.
vultr.com has the same concern, they put limits when they found significant CPU usage used like for cryptomining.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95 (OP)
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December 23, 2014, 03:43:39 PM
 #4678

Magi (XMG)  New Year Lottery thread:

https://bitcointalk.org/index.php?topic=902823.0
Sounds great!


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95 (OP)
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December 23, 2014, 03:45:42 PM
 #4679

In any case, we're thinking to have a legal registration for magipay. If some people experienced in this kind, please let us know the necessity and how to get it done. I think we need more advanced advice on this.
I have experience of setting up UK companies - it's a cinch actually. For something like Magipay we need some specialist advice. Offshore tax havens and shit. It just so happens that my son's partner is an accountant. Let me have a word and I will get back to you.
Thanks Spexx, appreciated for that. Cheesy


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
Singman33
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December 23, 2014, 03:49:17 PM
 #4680

Thanks, with that config it should stake. Do you see any transactions?
Good point, no traffic in debug.log. Restarted the wallet... Look like transactions flowing again. I will wait one day and give you if PoS is working.

BTW, no error messages and nothing in log, wallet just get stuck...

"stuck", Isn't the block data up to date? Also does the green mining symbol shows up at the right bottom of qt wallet, what does it say when moving cursor hover on it?
It's the CLI wallet, no "green" symbol Wink
BTW, it's strange because my block number was up to date, but nothing showing in debug.log
Code:
Flushed wallet.dat 58ms
IRC got join
received block 000000002a5297c69ff9
SetBestChain: new best=000000002a5297c69ff9464ad0ad10eefa016219fecd9ddc2ff2a4ea906da788  height=112318  money supply=2523548  trust=5224445700330  date=12/23/14 15:47:05
Stake checkpoint: cf3bc8ec
ProcessBlock: ACCEPTED
getblocks -1 to 00000000000000000000 limit 500
getblocks -1 to 00000000000000000000 limit 500
Flushing wallet.dat
Flushed wallet.dat 80ms
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