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

[Lightsplasher]

Hi all.

You can also vote for XMG here: https://bter.com/voting

 

We have a number of exchanges in China to work with, while I am yet to see an appropriate time to carry it on.

Awesome Joe.Would be great to see Magi on Chinese exchanges. Keep us informed about this!

China is a big market with lots of potential here.

[joelao95]

Hi all.

You can also vote for XMG here: https://bter.com/voting

 

We have a number of exchanges in China to work with, while I am yet to see an appropriate time to carry it on.

Awesome Joe.Would be great to see Magi on Chinese exchanges. Keep us informed about this!

China is a big market with lots of potential here.

Exactly.

[111magic]

Hi all.

You can also vote for XMG here: https://bter.com/voting

 

We have a number of exchanges in China to work with, while I am yet to see an appropriate time to carry it on.

Awesome Joe.Would be great to see Magi on Chinese exchanges. Keep us informed about this!

China is a big market with lots of potential here.

Exactly.

I can hardly wait to see Magi there.
I will check the Chinese Magi threads and see if they need updates.

[jkminkov]

One of the things that make Coin Magi unique is that it is very resistant to ASICs and GPUs. That makes my life easier than having to purchase an ASIC or set up a GPU mining rig and compete with other's hashrate. With Magi's unique block reward, it gives control and flexibility to the rewards that you could earn by mining on a CPU. Therefore, that's why I chose Magi as my top CPU mining coin. I mine it everyday! 

Magi is not only resistant to ASICs and GPUs but it is resistant to multiple CPU threads, as it seems my Xeon E3(=~i7 4770 non K) has a bottleneck when starting more threads:

2-19,5=39kh/s
3-18=54
4-16=64
5-14=70
6-13=78
7-11,25=78,75
8-10=80kh/s

p.s. seems that Sweetspot strategy is not efficient with my CPU as it seems that I get less kh/s when I get more threads with reduced core load 10%-70% than if I start a few threads on 100% core load, anyone help with i7?

[NeedIfFindIt]

One of the things that make Coin Magi unique is that it is very resistant to ASICs and GPUs. That makes my life easier than having to purchase an ASIC or set up a GPU mining rig and compete with other's hashrate. With Magi's unique block reward, it gives control and flexibility to the rewards that you could earn by mining on a CPU. Therefore, that's why I chose Magi as my top CPU mining coin. I mine it everyday! 

Magi is not only resistant to ASICs and GPUs but it is resistant to multiple CPU threads, as it seems my Xeon E3(=~i7 4770 non K) has a bottleneck when starting more threads:

2-19,5=39kh/s
3-18=54
4-16=64
5-14=70
6-13=78
7-11,25=78,75
8-10=80kh/s

p.s. seems that Sweetspot strategy is not efficient with my CPU as it seems that I get less kh/s when I get more threads with reduced core load 10%-70% than if I start a few threads on 100% core load, anyone help with i7?

~i7 4770 is a 4 core CPU it is normal that at 8 threads you are not getting the double of what you are getting at 4 threads.
The strange thing is that at 4 threads you are not getting the double of 2 threads. How are the CPU temps while mining at 4 threads? Also are you using the internal GPU?

About the 10%-70% (especially the 10%-50% range) you are getting worse results but you are also getting less power waste because your CPU is idling at the lower frequencies.

[jkminkov]

http://ark.intel.com/products/80910/Intel-Xeon-Processor-E3-1231-v3-8M-Cache-3_40-GHz

I don't have internal gpu

there's a slight difference/2-3% with turbo boost, which is 3800 on two threads, but that is rare as OS consumes some cycles and it goes to 3700Mhz, on four threads it goes down to 3600 and stays there.

I am comparing equal % of total CPU load when running sweetspot to individually running 2-8 threads on 100% core load

[Lightsplasher]

I've added “Total balance” to the overview section of the wallet.  I was getting tired of adding “stake” and “balance” together to see how much I had. I'm kind of new at git so I thought I'd ask how to check in these changes.  Should I just run “git commit -a” on the main branch or is there some descriptions on how people should submit code changes?

[NeedIfFindIt]

http://ark.intel.com/products/80910/Intel-Xeon-Processor-E3-1231-v3-8M-Cache-3_40-GHz

I don't have internal gpu

there's a slight difference/2-3% with turbo boost, which is 3800 on two threads, but that is rare as OS consumes some cycles and it goes to 3700Mhz, on four threads it goes down to 3600 and stays there.

I am comparing equal % of total CPU load when running sweetspot to individually running 2-8 threads on 100% core load

When running ALL the threads at % your CPU goes below 3600MHz and the percentage is based on that value. So if you compare 50% of 4 threads running at 1000MHz to 100% of 2 threads running at 3600MHz you will get lower hash rate but you will get also lower power usage. 60% and 70% are not great savers on some CPUs but the only reason I included them was because someone wanted them there

The deal is to save energy when it is not profitable to mine, right

Anyway it is impossible for an external app to stop/start threads of the miner without restarting the miner. It is possible to pause them, but if the pause is greater than 2s then they will disconnect from the stratum.

[Erkallys]

I've noticed for pages now that you are frequently taking about SweetSpot, but what is it ? A software that improve mining ? Or something else ?

[feldenthorne]

I've noticed for pages now that you are frequently taking about SweetSpot, but what is it ? A software that improve mining ? Or something else ?

The Sweet Spot Miner (Official Magi site mirror, out of date) is a program (written in Delphi, I think?) that manages your hashing power (so you don't waste energy mining when the rewards are low). From the link above:

Sweet Spot Magi Miner is able:

• to hide the miner window so it will not waste your taskbar space.
• to hide itself into the system tray while running.
• to start the miner at LOW priority so the miner will not slow down your work.
• to check the current Network Hashrate and control the miner CPU usage targeting the Sweet Spot 22MH/s the Hash Rate you choose.
• to check the current Block Value and control the miner CPU usage targeting 12+XMG/Block the Block Value you choose.

And here's a screenshot of the interface, if you're curious:

[joelao95]

I've added “Total balance” to the overview section of the wallet.  I was getting tired of adding “stake” and “balance” together to see how much I had. I'm kind of new at git so I thought I'd ask how to check in these changes.  Should I just run “git commit -a” on the main branch or is there some descriptions on how people should submit code changes?

Thanks for that. Maybe make merge pull request, I'll check it out and merge into the repo.

[tittiecoiner]

For the moment I stopped mining Magi, doesn't make fun watching my balance

[d0om]

I've noticed for pages now that you are frequently taking about SweetSpot, but what is it ? A software that improve mining ? Or something else ?

The Sweet Spot Miner (Official Magi site mirror, out of date) is a program (written in Delphi, I think?) that manages your hashing power (so you don't waste energy mining when the rewards are low). From the link above:

Sweet Spot Magi Miner is able:

• to hide the miner window so it will not waste your taskbar space.
• to hide itself into the system tray while running.
• to start the miner at LOW priority so the miner will not slow down your work.
• to check the current Network Hashrate and control the miner CPU usage targeting the Sweet Spot 22MH/s the Hash Rate you choose.
• to check the current Block Value and control the miner CPU usage targeting 12+XMG/Block the Block Value you choose.

And here's a screenshot of the interface, if you're curious:

That looks neat, closed source though I presume?

[feldenthorne]

That looks neat, closed source though I presume?

There are source links on the download page. As I recall, the project was originally closed-source, but the author open-sourced it to give back to the community.

[jkminkov]

http://ark.intel.com/products/80910/Intel-Xeon-Processor-E3-1231-v3-8M-Cache-3_40-GHz

I don't have internal gpu

there's a slight difference/2-3% with turbo boost, which is 3800 on two threads, but that is rare as OS consumes some cycles and it goes to 3700Mhz, on four threads it goes down to 3600 and stays there.

I am comparing equal % of total CPU load when running sweetspot to individually running 2-8 threads on 100% core load

When running ALL the threads at % your CPU goes below 3600MHz and the percentage is based on that value. So if you compare 50% of 4 threads running at 1000MHz to 100% of 2 threads running at 3600MHz you will get lower hash rate but you will get also lower power usage. 60% and 70% are not great savers on some CPUs but the only reason I included them was because someone wanted them there

The deal is to save energy when it is not profitable to mine, right

Anyway it is impossible for an external app to stop/start threads of the miner without restarting the miner. It is possible to pause them, but if the pause is greater than 2s then they will disconnect from the stratum.

you can start/stop those if you have 8(or more) copies of the miner - minerd1.exe, minerd2.exe, ...

[okae]

For the moment I stopped mining Magi, doesn't make fun watching my balance

i understand how you feel, but in the end this is better for us because this will prevent "bulldozers" to take all the coins.

asi aid i understand your feeling, mining magi is something different dunno why, but is like addictive, but sometimes is better to turn off or to reduce your cpu hash power since is not profitable.

btw you have some pretty good tools who can reduce for you the cpu power hash if it detects is not profitable atm, as i always said, this community is AWESOME.

[joelao95]

For the moment I stopped mining Magi, doesn't make fun watching my balance

I can understand your feeling. I guess there are two things you might take a look.

The actual hashrate changes vastly from time to time; what I see at this time. Averaging the hashrate in a time period will give an accurate value.


The another thing is that the rewards varies with hashrate; for example, right after huge hashrate comes a low-end period and big reward because of the network hashrate vibration or miners leaving, so I suppose that one keeps mining will have a good return, but judgement is on your side. The Sweet Spot Miner is nice used in this situation; you can put target hashrate, CPU usage or target rewards, and then the miner automatically adjusts the hashrate; in a situation, it may run with 0% cpu like stop mining.

[111magic]

Awesome news: Magi app is in development.
Release October 2015!

It's October!

[starmman]

For the moment I stopped mining Magi, doesn't make fun watching my balance

I can understand your feeling. I guess there are two things you might take a look.

The actual hashrate changes vastly from time to time; what I see at this time. Averaging the hashrate in a time period will give an accurate value.


The another thing is that the rewards varies with hashrate; for example, right after huge hashrate comes a low-end period and big reward because of the network hashrate vibration or miners leaving, so I suppose that one keeps mining will have a good return, but judgement is on your side. The Sweet Spot Miner is nice used in this situation; you can put target hashrate, CPU usage or target rewards, and then the miner automatically adjusts the hashrate; in a situation, it may run with 0% cpu like stop mining.

The rate is really high at the minute, since I started mining in July I dont think I saw the hash rate at >100MH/s more than a handful of times - but it seems quite common now - I guess Magi is getting popular or somebody is pushing a lot of power at the coin, or people are not reading how to mine efficiently.

[joelao95]

[img ]http://s2.postimg.org/4wtqbor89/xmg.png[/img]
For the moment I stopped mining Magi, doesn't make fun watching my balance

I can understand your feeling. I guess there are two things you might take a look.

The actual hashrate changes vastly from time to time; what I see at this time. Averaging the hashrate in a time period will give an accurate value.
[img ]https://i.imgur.com/zKZgngn.png[/img]

The another thing is that the rewards varies with hashrate; for example, right after huge hashrate comes a low-end period and big reward because of the network hashrate vibration or miners leaving, so I suppose that one keeps mining will have a good return, but judgement is on your side. The Sweet Spot Miner is nice used in this situation; you can put target hashrate, CPU usage or target rewards, and then the miner automatically adjusts the hashrate; in a situation, it may run with 0% cpu like stop mining.

The rate is really high at the minute, since I started mining in July I dont think I saw the hash rate at >100MH/s more than a handful of times - but it seems quite common now - I guess Magi is getting popular or somebody is pushing a lot of power at the coin, or people are not reading how to mine efficiently.

That's about right I believe; there was a time about 30 - 40 MH/s sometime ago. The PoW reward has an optimum point of hashrate that produces maximum coins and the optimum point progressively increases over time, allowing a number of miners (suppose to increase over time) joining, when I looked at the block reward that is not that low right now, while I believe there does exist some mining forces that need cares.