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

[q327K091]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

[joelao95]

Right now:

Net hash rate: 15,562.11 KH/s
Pool hash rate on Magi@Nonce-Pool: 19,236.5 KH/s
Wtf?

The net hashrate varies quite significantly as the difficulty adjustment is done every block. How did you check the hashrate? -- Net hash rate from getmininginfo? [at this time I checked about 50 Mh/s]. I am not sure if it's meaningful comparing Pool hash rate with the network hashrate, as they may be calculated in different way.

[joelao95]

Got it going on google cloud and Microsoft azure:
https://bitcointalk.org/index.php?topic=848697.msg10310631#msg10310631

People including me will love to try free trial out. As I remember, someone did a video about free trial on Google cloud computing too and mining XMG.

[Redrover]

Yea think that was it.
BTW Check your luck at:

https://www.cryptocoins-dice.com/

I won 14 XMG today! 

You are a lucky one aren't you 

[Mergesort]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

First time i heard of burst, what is the difference between burst and storj and are there more poc coins?

[111magic]

Yea think that was it.
BTW Check your luck at:

https://www.cryptocoins-dice.com/

I won 14 XMG today! 

You are a lucky one aren't you 

hmm not really lost them again! lol

[joelao95]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

To find a 'valid' reason that magi price still stays low, and never got pumped yet (though anyone else wishes too), low price just makes buying XMG as easy as said. People don't really need to worry too much; mining very much depends though. Pursuading people buying XMG is not what I meant, though I do intend.  

[joelao95]

Yea think that was it.
BTW Check your luck at:
https://www.cryptocoins-dice.com/
I won 14 XMG today!  

You are a lucky one aren't you  

hmm not really lost them again! lol

Luck comes luckily mate, but everyone else should try the game out, and enjoys the fun.

[q327K091]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

To find a 'valid' reason that magi price still stays low, and never got pumped yet (though anyone else wishes too), low price just makes buying XMG as easy as said. People don't really need to worry too much; mining very much depends though. Pursuading people buying XMG is not what I meant, though I do intend.  

correct , but I have added it to my long term portfolio and it was not a small amount.. caught it before 5% rise in the 2 hours span

even if a person collects 10 XMG a day it adds up.. 10 days and it is 100 , did not (although I should have) gone inside algo to see how feasible is to code Open CL or CUDA speed up (fpga is given but for that you will have to reach dark)

and with dark fpga devices keep raising its security every day so while buying XMG and I did so thru dark I added dark to portfolio as well

knowing this space by now, XMG is going to rise very strongly.. but I am not selling and holding as with the rest of crypto

need also check reward table and decrease on inflation (halving as such) but anyways.. my acqusition Today.. and I love it

[111magic]

Cool! Welcome to our Magical community!

[shaan.is.one]

Hmm...! My kids favourite soup is magi... not bad will be  Magi coin for us as magi...👍👍

[q327K091]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

To find a 'valid' reason that magi price still stays low, and never got pumped yet (though anyone else wishes too), low price just makes buying XMG as easy as said. People don't really need to worry too much; mining very much depends though. Pursuading people buying XMG is not what I meant, though I do intend.  

correct , but I have added it to my long term portfolio and it was not a small amount.. caught it before 5% rise in the 2 hours span

even if a person collects 10 XMG a day it adds up.. 10 days and it is 100 , did not (although I should have) gone inside algo to see how feasible is to code Open CL or CUDA speed up (fpga is given but for that you will have to reach dark)

and with dark fpga devices keep raising its security every day so while buying XMG and I did so thru dark I added dark to portfolio as well

knowing this space by now, XMG is going to rise very strongly.. but I am not selling and holding as with the rest of crypto

need also check reward table and decrease on inflation (halving as such) but anyways.. my acqusition Today.. and I love it

If you want to know how feasible CUDA is, just check out djm34's hashrate

it is speculative at best, also djm34 is not the only developer in town.. waiting alternate feedback  

I did this with gapcoin (sorry for cross post) all one has to do is find a speed up in a single line of code on CPU miner alone, this by itself does not break a coin.. distribution of Magi is relentless and is spreading

you don't really want to tell me what was done with primecoin on the CPU miner side.. sorry for crosspost again but it relates, so every single change in algo or weakness strengthens the network, again few specialists around to point to what is really going on, meantime price is climbing up as we speak

[q327K091]

Cool! Welcome to our Magical community!

no! it is me that is thanking you.. words came my way that people from Russia and Bulgaria have engaged your coin

[q327K091]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

To find a 'valid' reason that magi price still stays low, and never got pumped yet (though anyone else wishes too), low price just makes buying XMG as easy as said. People don't really need to worry too much; mining very much depends though. Pursuading people buying XMG is not what I meant, though I do intend.  

correct , but I have added it to my long term portfolio and it was not a small amount.. caught it before 5% rise in the 2 hours span

even if a person collects 10 XMG a day it adds up.. 10 days and it is 100 , did not (although I should have) gone inside algo to see how feasible is to code Open CL or CUDA speed up (fpga is given but for that you will have to reach dark)

and with dark fpga devices keep raising its security every day so while buying XMG and I did so thru dark I added dark to portfolio as well

knowing this space by now, XMG is going to rise very strongly.. but I am not selling and holding as with the rest of crypto

need also check reward table and decrease on inflation (halving as such) but anyways.. my acqusition Today.. and I love it

If you want to know how feasible CUDA is, just check out djm34's hashrate

it is speculative at best, also djm34 is not the only developer in town.. waiting alternate feedback  

I did this with gapcoin (sorry for cross post) all one has to do is find a speed up in a single line of code on CPU miner alone, this by itself does not break a coin.. distribution of Magi is relentless and is spreading

I know he's not the only developer in town - I am also one. My point is, it's not very hard at all to make a GPU miner for this - I removed most of the bignum calculations, so it's not even much of a pain anymore.

excellent I see your name allover the place plus your github is well visited and know in that case, magi will enter status of primecoin as one of you will release GPU miner  and with that difficulty level will accelerate , all of it strengthens network

primecoin difficulty has come down but is still darn strong, and market cap is holding

and just in in leisure do check darkcoin market cap which sports fpga devices . so for me progression of mining technology is not by itself a problem, rather continuation of development and network strength which Magi has , it seems to very persistent..

anyways.. drifting off for now, thanks for welcome and will revisit, I usually do this on times like hard fork or abandonment (abandonment I had very very few thus far on my portfolio, hard fork happened much more often)

 

[joelao95]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

To find a 'valid' reason that magi price still stays low, and never got pumped yet (though anyone else wishes too), low price just makes buying XMG as easy as said. People don't really need to worry too much; mining very much depends though. Pursuading people buying XMG is not what I meant, though I do intend.  

correct , but I have added it to my long term portfolio and it was not a small amount.. caught it before 5% rise in the 2 hours span

even if a person collects 10 XMG a day it adds up.. 10 days and it is 100 , did not (although I should have) gone inside algo to see how feasible is to code Open CL or CUDA speed up (fpga is given but for that you will have to reach dark)

and with dark fpga devices keep raising its security every day so while buying XMG and I did so thru dark I added dark to portfolio as well

knowing this space by now, XMG is going to rise very strongly.. but I am not selling and holding as with the rest of crypto

need also check reward table and decrease on inflation (halving as such) but anyways.. my acqusition Today.. and I love it

If you want to know how feasible CUDA is, just check out djm34's hashrate

it is speculative at best, also djm34 is not the only developer in town.. waiting alternate feedback  

I did this with gapcoin (sorry for cross post) all one has to do is find a speed up in a single line of code on CPU miner alone, this by itself does not break a coin.. distribution of Magi is relentless and is spreading

I know he's not the only developer in town - I am also one. My point is, it's not very hard at all to make a GPU miner for this - I removed most of the bignum calculations, so it's not even much of a pain anymore.

excellent I see your name allover the place plus your github is well visited and know in that case, magi will enter status of primecoin as one of you will release GPU miner  and with that difficulty level will accelerate , all of it strengthens network

primecoin difficulty has come down but is still darn strong, and market cap is holding

The difference is magi's block reward could become null when network hashrate exceeds a point.

[q327K091]

Another picture from MAgi (XMG) presented on Bitcoinevent 2015 Amsterdam, The Netherlands.

made a VERY substantial acquisition Today of Magi, multiple reasons.. inclusive this video,

coins is very difficult to mine, but doable. I am very BIG on distribution aspect of crypto in general

almost never purchase coins but my believe in your work is very strong it was between Magi and several millions of BURST (no worries no promotion here) both are mentioned on the btc conference call , I looked at the exchange immediate, Magi traded at very low price.. converted FIAT and made the acquisition

thanks for the opportunity , thanks for your work, and thanks for having long term outlook on things!

To find a 'valid' reason that magi price still stays low, and never got pumped yet (though anyone else wishes too), low price just makes buying XMG as easy as said. People don't really need to worry too much; mining very much depends though. Pursuading people buying XMG is not what I meant, though I do intend.  

correct , but I have added it to my long term portfolio and it was not a small amount.. caught it before 5% rise in the 2 hours span

even if a person collects 10 XMG a day it adds up.. 10 days and it is 100 , did not (although I should have) gone inside algo to see how feasible is to code Open CL or CUDA speed up (fpga is given but for that you will have to reach dark)

and with dark fpga devices keep raising its security every day so while buying XMG and I did so thru dark I added dark to portfolio as well

knowing this space by now, XMG is going to rise very strongly.. but I am not selling and holding as with the rest of crypto

need also check reward table and decrease on inflation (halving as such) but anyways.. my acqusition Today.. and I love it

If you want to know how feasible CUDA is, just check out djm34's hashrate

it is speculative at best, also djm34 is not the only developer in town.. waiting alternate feedback  

I did this with gapcoin (sorry for cross post) all one has to do is find a speed up in a single line of code on CPU miner alone, this by itself does not break a coin.. distribution of Magi is relentless and is spreading

I know he's not the only developer in town - I am also one. My point is, it's not very hard at all to make a GPU miner for this - I removed most of the bignum calculations, so it's not even much of a pain anymore.

excellent I see your name allover the place plus your github is well visited and know in that case, magi will enter status of primecoin as one of you will release GPU miner  and with that difficulty level will accelerate , all of it strengthens network

primecoin difficulty has come down but is still darn strong, and market cap is holding

The difference is magi's block reward could become null when network hashrate exceeds a point.

very very interesting... I will leave thread open for any elaborative ideas on that point.. never heard of such a concept before..

will let you all talk and all listening as my finger is always ready on the buy order

[Spexx]

Ooooo let's all have a CUDA miner available to us. That will ensure that we can increase our carbon footprint while mining for bugger-all.

#facepalm

When will people realize that over-mining XMG decreases the block reward? It used to be a minimum value, but now it can be zero.

Answer: Probably never. I have been banging on about it for months.

[joelao95]

I know he's not the only developer in town - I am also one. My point is, it's not very hard at all to make a GPU miner for this - I removed most of the bignum calculations, so it's not even much of a pain anymore.

The removal of few functions does make things much easy, and I found out that that is something I've missed.

I am very curious what if we make the "iterations" be a random number, aka, depending on something, for example, the hash; seems like the removal of bignums as we just did is unlikely, would that be somehow more difficult to the CPU optimization or the GPU if that's the case?

https://github.com/magi-project/magi/blob/master/src/hash_magi.h#L329

[joelao95]

No, it wouldn't make it harder at all - it would make hashrate fluctuate wildly, though, so no one knows what their hashrate is.

That's at least not making me not too regret on the things done; the wild fluctuation would be a big concern though.

It proves my point - trying to make people mine slower will never, ever work.

Nah, there were few big miners who were there already gone; otherwise the block reward would be zero by now; guess the new miner raised up the hashrate at least 2.5 times higher.

[joelao95]

I didn't say you couldn't drive away some big miners - I said that you cannot convince people to mine slower. Either people will mine your coin as fast as they can, or they likely just won't mine it.

Lol... Really? Don't you see people are using Spexx's speed controller, or asking for "-e" option, do you? Either, we don't know if people really mine at full speed or not, or just go away, right?