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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 1834157 times)
julian071
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January 11, 2015, 07:40:10 PM
 #5021

Missed a few posts before.

Firstly, repost the hard fork as already mentioned by jawitech.

Hard fork [client version v1.2.0.1]

Please update the wallet to v1.2.0.1 (mandatory):

Windows: http://coinmagi.org/files/magi-release/win32_magi_v1.2.0.1.zip
Linux: http://coinmagi.org/files/magi-release/linux_amd64_magi-qt_v1.2.0.1
Source code: https://github.com/magi-project/magi/

This update includes the following hard forks:
PoS hard fork at block 131100 for better staking results (Expected on January 6)
PoS-II Protocol V2 hard fork at block 131300 (Expected on January 6)
PoW-V2 hard fork: 1/7/2015, 12:00:00 PM EST time (GMT-5:00)

Details regarding this update: https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269


I did spend some time and tried to figure out the CPU algo, but all have been done just under the range of my knowledge. People are talent; no one would know the capability other people can do. It's not my intention to hold firmly the CPU algo statement. PTS was arguing only CPU minable, and was awarding how many dollars for a GPU miner? Everyone knows that PTS is minable with GPU now.

Once upon a time, someone was suggesting me that, go for a CPU algo, finish the PoW mining and then going into PoS. That was right likely, but not all to me. Pure PoS is not right way I figured.

Wolf0, you're absolutely right (not the GPU part since not proved yet), that "just because no one bothers to spend the time on it" cause it's unprofitable. Let me extend the statement, the idea of GPU mining is neither profitable for now, nor profitable in the future even when magi gets into top. I encourage people to work on a GPU miner for magi, but surely up to you whenever you see a time coming with profits.

Wondering?... read the OP, or the coinssource article, evok3d did spend a lot time researching and writing before publishing the article:
http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/
I've spent time on this, and the idea behind it worth of a try; I want to say magi is a coin CPU minable "ever".

I almost forgot to post the miner, for some people who may want to run it in computers with limitations, just use the "-e" option.

# m-cpuminer-legacy

https://github.com/magi-project/m-cpuminer-legacy

Code:
minerdlegacy -o stratum+tcp://pool_url:pool_port -u pool_user.worker -p password -t thread_numbers -e cpu_efficiency

This is none different from the regular miner, except that an option "-e cpu_efficiency" is added, where cpu_efficiency is a number between 1 - 100, for example, 50 representing for 50% of CPU usage. A few instances:

-e 75 -->
-e 50 -->
-e 25 -->
-e 1   -->


Hardfork is coming up!! Don't forget to update to the new version guys!  Smiley

PLEASE NOTE that this guy modified the download link to the Windows binary!! I've found three other threads where he did the same. Professional scammer. Mods, please check this fact then delete this post.

=P
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joelao95
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January 11, 2015, 08:14:28 PM
 #5022

The above windows download link points to another site.

Please always confirm our official link (http://coinmagi.org/files/magi-release/) before downloading.


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.CPU Mining   PoS-II   PoM   Unique Block Reward 
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January 11, 2015, 09:15:22 PM
 #5023

Thanks Julian071 for the info.
What i can see at the moment, moderater deleted that "bad" post!


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January 11, 2015, 09:39:00 PM
 #5024

https://bitcointalk.org/index.php?topic=774235.msg8722816#msg8722816
Russian Magi thread is updated!


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111magic
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January 12, 2015, 11:53:59 AM
 #5025

New Chinese Magi thread with the latest update.
https://bitcointalk.org/index.php?topic=901516.msg10118029#msg10118029


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jawitech
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January 12, 2015, 02:05:55 PM
 #5026

Last weeks earnings from the signature campaign I joined, donated to the Magi development funds: 0.03426 BTC

https://blockchain.info/tx/9b271ce552918a5f91502e3d978f9866d856c82939329c30366bf79900827263

Feel free to follow me and support the further development of Magi, the unique coin.

XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u (marketing)
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq (development)
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC (development)

Thanks for your support!
Bojcha
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January 12, 2015, 03:38:17 PM
 #5027

On my ~3000 coins in wallet i am getting under 0.10 coins per day from new pos. Is that ok?

joelao95
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January 12, 2015, 05:34:20 PM
 #5028

Last weeks earnings from the signature campaign I joined, donated to the Magi development funds: 0.03426 BTC

https://blockchain.info/tx/9b271ce552918a5f91502e3d978f9866d856c82939329c30366bf79900827263

Feel free to follow me and support the further development of Magi, the unique coin.

XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u (marketing)
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq (development)
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC (development)

Thanks for your support!
Thanks mate.


  Coin MAGI  . XMG   
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  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95
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January 12, 2015, 05:40:05 PM
 #5029

On my ~3000 coins in wallet i am getting under 0.10 coins per day from new pos. Is that ok?
Should be more than that, how did you stake? I recommend staking with 6 x 500 XMG.


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halfnode
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January 12, 2015, 05:51:12 PM
 #5030

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?

Proud to be a member of Magi XMG community. 1st PoS-II |1st PoM | M7M CPU only. Come and join us!
joelao95
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January 12, 2015, 06:11:37 PM
 #5031

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?
No need of two wallets (you can't run two either); simply send over 500 XMG six times (assuming total 3000 XMG) to one or different addresses.


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aalexanderr
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January 12, 2015, 06:16:05 PM
 #5032

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?

You don't need 2 wallets. Staking works not on all sum of coins in your wallet. Only on coins in transaction.

You just need make 6 transactions to yourself.

Go to settings and check -> options -> display -> display coin control features. After that go to Send Coins -> Inputs. Here you will see amount of monet per transaction, date, etc...
If you have many small transaction, you need to check them and create 1 big, setup 500xmg in this transaction and sent it to yourself.
If you have 3000xmg you need 6x500 xmg. So after you complite this operation you will see in inputs only 6 transaction and every transaction will have 500 xmg.
111magic
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January 12, 2015, 07:24:50 PM
 #5033

Last weeks earnings from the signature campaign I joined, donated to the Magi development funds: 0.03426 BTC

https://blockchain.info/tx/9b271ce552918a5f91502e3d978f9866d856c82939329c30366bf79900827263

Feel free to follow me and support the further development of Magi, the unique coin.

XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u (marketing)
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq (development)
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC (development)

Thanks for your support!
Thanks mate.

I will donate 1000XMG for further developments and marketing. With the payment gateway coming I think Magi is going in a new phase. So if you can help Magi growing sent me a pm. It's good to receive ideas from the community. 2015 will become a magical year and Magi will amaze the world!


  Coin MAGI  . XMG  
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halfnode
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January 12, 2015, 10:49:43 PM
 #5034

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?
No need of two wallets (you can't run two either); simply send over 500 XMG six times (assuming total 3000 XMG) to one or different addresses.

ah ok, so basically setup another receiving address in the same wallet. I got confused by the statement above. havoc of jet lag making my brain dumb

Proud to be a member of Magi XMG community. 1st PoS-II |1st PoM | M7M CPU only. Come and join us!
111magic
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January 13, 2015, 06:32:50 AM
 #5035

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?
No need of two wallets (you can't run two either); simply send over 500 XMG six times (assuming total 3000 XMG) to one or different addresses.

ah ok, so basically setup another receiving address in the same wallet. I got confused by the statement above. havoc of jet lag making my brain dumb
You are right. you can use another receiving address in the same wallet!  Smiley


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Wolf0
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January 13, 2015, 06:44:00 AM
 #5036

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?
No need of two wallets (you can't run two either); simply send over 500 XMG six times (assuming total 3000 XMG) to one or different addresses.

ah ok, so basically setup another receiving address in the same wallet. I got confused by the statement above. havoc of jet lag making my brain dumb

You CAN run two wallets, you just don't need to.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
jawitech
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January 13, 2015, 11:02:38 AM
 #5037

So we can run two different wallets on one pc to solve the issue above? How do we go about allowing two wallets to exist on the same pc?
No need of two wallets (you can't run two either); simply send over 500 XMG six times (assuming total 3000 XMG) to one or different addresses.

ah ok, so basically setup another receiving address in the same wallet. I got confused by the statement above. havoc of jet lag making my brain dumb

You CAN run two wallets, you just don't need to.

Hello wolf0, nice to see you watching this thread  Smiley
Bombadil
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January 13, 2015, 11:09:46 AM
 #5038

You CAN run two wallets, you just don't need to.

Hello wolf0, nice to see you watching this thread  Smiley

Some don't like him around here, with his priv miners etc. Shoo shoo wolf Tongue
(Just kidding ^^")
CryptoRaver
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January 13, 2015, 03:09:11 PM
 #5039

whatsup with the price Cool
jawitech
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January 13, 2015, 03:38:04 PM
 #5040

whatsup with the price Cool

Unfortunately it's following the price of BTC and other coins. People are panic and selling crypto to FIAT. At Cryptsy, BTC crashed down from $281 to $222 in the last 24h.
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