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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 1868605 times)
joelao95
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December 24, 2014, 05:29:45 PM
 #4701

Now that PoS-II is active, and I'm still a bit confused with PoM, what is the best mining method for Windows desktop computers?
I have some that are X3470 and some that are E3-1240v3 that support newer AES stuff.
I have a few idle, should I be running the wallet on each one of them + a optimized CPU miner to a pool, or just mine from the wallet to a pool etc?
Doubt I would stand a chance solo mining at all.

https://bitcointalk.org/index.php?topic=735170.msg9412187#msg9412187

https://bitcointalk.org/index.php?topic=735170.msg9732786#msg9732786

Thanks, what about Staking?
Do I need to run just one wallet? Or is it beneficial to run a wallet on each desktop?
Can they all use the same address, or do they all need to be unique?

Only one wallet in staking is sufficient; recommend putting stake coins on different addresses.


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.CPU Mining   PoS-II   PoM   Unique Block Reward 
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December 24, 2014, 10:01:41 PM
 #4702

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!!


128 tickets sold already!
BTW made a little mistake: Grand price will be min. 1000XMG and max.  10.000XMG!
The more tickets were sold the higher the Jackpot!


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PeaMine
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December 24, 2014, 10:19:40 PM
 #4703

Is there a calculator for XMG to see about how many coins will be mined per day given a processor or hash rate?

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111magic
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December 24, 2014, 11:00:46 PM
 #4704

Is there a calculator for XMG to see about how many coins will be mined per day given a processor or hash rate?
No it's not there yet!


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Spexx
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December 25, 2014, 04:37:01 AM
 #4705

Is there a calculator for XMG to see about how many coins will be mined per day given a processor or hash rate?

In addition to what 111magic said ...

I am not sure that it is possible to give an accurate figure for this, given the variable nature of XMG block rewards. It can depend very much on which pool you are connected to at any given time and the element of chance. My best estimate at the moment is that for every Kh/s you give it, spread among the pools in roughly equal proportions, you will mine at least 1 XMG per week and probably a fair bit more than that.

In other words, if your hashrate is about 10 Kh/s you can mine 10 XMG per week, if you are lucky ... or clever. I do not recommend solo mining unless you have some serious hashpower, but you might strike lucky. There is always the random element. That is what makes XMG so very interesting Cheesy

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December 25, 2014, 09:27:59 AM
 #4706




Magi (XMG) team wishes everyone a Merry Christmas!


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joelao95
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December 25, 2014, 04:35:47 PM
 #4707

Merry Christmas to all! Cheesy


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seeksilence
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December 25, 2014, 09:25:22 PM
 #4708

Just searched "cpu coin" and found this interesting magi coin two days ago. Set up several free vps for mining to see how it works.

Merry Christmas!

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December 25, 2014, 09:52:30 PM
 #4709

Just searched "cpu coin" and found this interesting magi coin two days ago. Set up several free vps for mining to see how it works.

Merry Christmas!

Thanks seeksilence and be welcome in the Magi community!


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Singman33
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December 26, 2014, 09:59:51 AM
 #4710

$ magid getmininginfo
Code:
{
    "blocks" : 112368,
    "currentblocksize" : 3056,
    "currentblocktx" : 1,
    "difficulty" : {
        "proof-of-work" : 2.34899939,
        "proof-of-stake" : 0.03158654,
        "search-interval" : 1
    },
    "blockvalue" : 3,
    "netmhashps" : 64.67227914,
    "netstakeweight" : 1496159.76455065,
    "errors" : "",
    "pooledtx" : 1,
    "stakeweight" : {
        "minimum" : 286,
        "maximum" : 0,
        "combined" : 286
    },
    "stakeinterest" : 0.04928905,
    "testnet" : false,
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 64672279.14219125,
    "testnet" : false
}

Do the "stakeinterest" mean something ?

This is the APR 4.928905% regarding the above status.
Ok, still no PoS. That's very annoying...
$ magid getmininginfo
Code:
{
    "blocks" : 116040,
    "currentblocksize" : 1231,
    "currentblocktx" : 1,
    "difficulty" : {
        "proof-of-work" : 3.03923442,
        "proof-of-stake" : 0.02173381,
        "search-interval" : 1
    },
    "blockvalue" : 4,
    "netmhashps" : 73.33377783,
    "netstakeweight" : 1021196.55948282,
    "errors" : "",
    "pooledtx" : 1,
    "stakeweight" : {
        "minimum" : 465,
        "maximum" : 0,
        "combined" : 465
    },
    "stakeinterest" : 0.04896352,
    "testnet" : false,
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 73333777.82824312,
    "testnet" : false
}
111magic
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December 26, 2014, 10:06:15 AM
 #4711

If this is your wallet,its there! Will look into it again later today. Not behind pc at the moment!


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Singman33
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December 26, 2014, 10:33:51 AM
 #4712

In other words, if your hashrate is about 10 Kh/s you can mine 10 XMG per week, if you are lucky ... or clever. I do not recommend solo mining unless you have some serious hashpower, but you might strike lucky. There is always the random element. That is what makes XMG so very interesting Cheesy
Spexx, will you release sources of your miners ? I have a few Linux servers that need a little boost of speed.
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December 26, 2014, 10:41:17 AM
 #4713

dudes, let's show that the beginning 2015 will belong to magicoin

|


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111magic
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December 26, 2014, 10:56:59 AM
 #4714

Pls all loyal to XMG to change signature with that:

Code: (signature)

[b][url=https://bitcointalk.org/index.php?topic=735170.0/]Proud to be a member of [color=blue]Magi XMG[/color] community. 1st PoS-II |1st PoM | M7M CPU only. Come and join us![/b]


Its nice looking signature , my friend thanks ...
Agree nice signature. Good words! Link is working!
Good job Kondiomir!


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Spexx
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December 26, 2014, 12:27:23 PM
 #4715

Spexx, will you release sources of your miners ? I have a few Linux servers that need a little boost of speed.
The source for the minerd is found here:-

https://github.com/noncepool/m7magi-cpuminer-v2

All my miners for Windows are built from this source with my custom-built compiler based on MSYS/Mingw64 for the 64 bit versions and vanilla  Cygwin32 for the 32 bit version. I am aware that some Linux users are using my miners running under a Windows Virtual Machine.

Hope this helps Smiley

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December 26, 2014, 02:09:46 PM
 #4716

Pls all loyal to XMG to change signature with that:

Code: (signature)

[b][url=https://bitcointalk.org/index.php?topic=735170.0/]Proud to be a member of [color=blue]Magi XMG[/color] community. 1st PoS-II |1st PoM | M7M CPU only. Come and join us![/b]


Its nice looking signature , my friend thanks ...
Agree nice signaturen. Good words! Link is working!
Good job Kondiomir!

sig code looks good in my signature  Grin


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▄▄▄   ANN THREAD   ▄▄▄▄▄   BOUNTY THREAD     ▄▄▄▄▄▄▄▄



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December 26, 2014, 02:28:16 PM
 #4717

Pls all loyal to XMG to change signature with that:

Code: (signature)

[b][url=https://bitcointalk.org/index.php?topic=735170.0/]Proud to be a member of [color=blue]Magi XMG[/color] community. 1st PoS-II |1st PoM | M7M CPU only. Come and join us![/b]


Its nice looking signature , my friend thanks ...
Agree nice signaturen. Good words! Link is working!
Good job Kondiomir!

sig code looks good in my signature  Grin

Nice Lionheart78, looks great! Grin http://www.coinssource.com/vote-jlao
Joe need more votes! Ask everbody to vote for our genius and fair dev!


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December 26, 2014, 08:49:58 PM
 #4718


Nice Lionheart78, looks great! Grin http://www.coinssource.com/vote-jlao
Joe need more votes! Ask everbody to vote for our genius and fair dev!

I voted!

BTW, Is the [Proof of mining campaign] still alive?

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December 26, 2014, 08:55:48 PM
 #4719

Ok, still no PoS. That's very annoying...
$ magid getmininginfo
Code:
{
    "blocks" : 116040,
    "currentblocksize" : 1231,
    "currentblocktx" : 1,
    "difficulty" : {
        "proof-of-work" : 3.03923442,
        "proof-of-stake" : 0.02173381,
        "search-interval" : 1
    },
    "blockvalue" : 4,
    "netmhashps" : 73.33377783,
    "netstakeweight" : 1021196.55948282,
    "errors" : "",
    "pooledtx" : 1,
    "stakeweight" : {
        "minimum" : 465,
        "maximum" : 0,
        "combined" : 465
    },
    "stakeinterest" : 0.04896352,
    "testnet" : false,
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 73333777.82824312,
    "testnet" : false
}

looking into this question; will issue an update.


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December 26, 2014, 08:57:40 PM
 #4720

@JoeLao

In such a short time you have accomplished and developed so many amazing features for the Magi platform and in turn you have captured the support of many community members who believe in your purpose and work. I am happy to witness your work come to life and progress into the new year. Keep it up mate Smiley

Happy Holidays!

Thread
https://bitcointalk.org/index.php?topic=855130.msg9951666#msg9951666


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