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

[okae]

As mentioned by fragilefungi, a convenient miner (ideally click & go mining) is a much need, and I believe that will get us more miners without painful compiling (notice if you compile from the source code, you might get a specific optimized miner only for your pc which might be efficient than the following compiled ones). Also, I compiled the miner with "-e" flag to adjust the CPU efficiency from inside the miner.

https://github.com/magi-project/m-cpuminer-qt
https://github.com/magi-project/m-cpuminer-v2

I have forked the code of ScryptMiner by Matoking (https://github.com/Matoking/ScryptMiner-GUI), which is based on Qt. This is very advantageous; we can add codes later on to adapt to the special block reward of magi, and design a smart miner with strategy mining. This will be a one in the to-do list. Here are the compiled binaries:

http://coinmagi.org/files/m-cpuminer/m-cpuminer-qt-64-win.zip
http://coinmagi.org/files/m-cpuminer/m-cpuminer-qt-32-win.zip
http://coinmagi.org/files/m-cpuminer/m-cpuminer-qt-64-ubuntu.tar.gz
http://coinmagi.org/files/m-cpuminer/m-cpuminer-qt-macosx-10.7.dmg

There are also minerd available here: http://coinmagi.org/files/m-cpuminer:

http://coinmagi.org/files/m-cpuminer/m-minerd-64-win.zip
http://coinmagi.org/files/m-cpuminer/m-minerd-32-win.zip
http://coinmagi.org/files/m-cpuminer/m-minerd-64-ubuntu.tar.gz
http://coinmagi.org/files/m-cpuminer/m-minerd-64-macosx.zip

These are how the Qt miner looks like:

Notice "-e 60" in block "Additional parameters" in the above image adjusts the CPU mining usage, e.g., 60%. All the parameters are automatically saved into m-cpuminer.conf, in the same folder. The GUI basically makes use of the miner under folder "miner". If you can compile with a higher efficiency, please let me know. Please make sure you modify the pool parameters, or you will mine through my account.

This GUI is kinda similar to NeedIfFindIt's Sweet Spot http://xmg.makejar.com/, which will be better than this I believe; the advantage is that we can make it available for mac os and linux too, and most of other platforms because of Qt base. The linux version is statically linked, if you run into issues, let me know. I very much like the miner being compiled in low end/old system/pc. I believe magi's mining is useful in this aspect. I will get some details for the PoW. I do agree one mining a coin cares about the return, while I like the idea you place the miner with limited CPU usage, you can forget it (say 10% CPU): think about how many computers which run idle in the offices or other places for overnight, at least it's a waste of power. I am not encouraging you use an office PC for mining, but running a limited miner in a daily computer is quite doable, and that, from another point of view, is to save energy as they maintain a coin system provided that magi is useful at some extent and this purpose will be meaningful as well.

Some post worthwhile should be translated always into more languages, spanish translation thread have this one now HERE

ofc i will update other spanish threads at other forums too

[111magic]

Well done Okae! Indeed its very important to have those posts translated in different languages.
So if anybody speak a different language and would help with updating other threads contact me.

[tittiecoiner]

You are all right.
I see it as fun and as a hobby

But mining Bitcoin could be profitable depending on the energy costs and the hardware. But due to the high prices of profitable miners I'm not into it.

Anyone here knows what the Hash rate of an Intel Core i7 4790K is?

4790K does 95-97 khash/sec.

That's my 4790K mining at suchpool

[Erkallys]

You are all right.
I see it as fun and as a hobby

But mining Bitcoin could be profitable depending on the energy costs and the hardware. But due to the high prices of profitable miners I'm not into it.

Anyone here knows what the Hash rate of an Intel Core i7 4790K is?

4790K does 95-97 khash/sec.

That's my 4790K mining at suchpool

If you have tasks that run on background, that can explain the loss of 10 kh/s. Also try to select old fashioned Windows UI, like the Windows 95 looking ones, with high contrast colours, it could increase you hashrate by a few kh/s.

[thefix]

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157


Wonder what they are testing   

[The Frisian]

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   

Now 44,231 KH/s, that's not normal.

[LordCoder]

Pool workers are the same always, probably GPU miner or proxied connection for botnet.

[d0om]

Can somebody PM me about compiling wallet/minerd across several UNIX like systems? I see the first reply has a small guide but I'm getting with an error about GMP, it says I have the package but when I go to configure it errors on GNU MP. I'll probably post my steps if I can get it working easily.

[111magic]

Can somebody PM me about compiling wallet/minerd across several UNIX like systems? I see the first reply has a small guide but I'm getting with an error about GMP, it says I have the package but when I go to configure it errors on GNU MP. I'll probably post my steps if I can get it working easily.

Could you also inform us if you received the help?
Thanks in advance.

[fragilefungi]

Can somebody PM me about compiling wallet/minerd across several UNIX like systems? I see the first reply has a small guide but I'm getting with an error about GMP, it says I have the package but when I go to configure it errors on GNU MP. I'll probably post my steps if I can get it working easily.

Did you see https://bitcointalk.org/index.php?topic=735170.msg11977962#msg11977962

I thought someone told me that they followed it and got it to work on UNIX

[thefix]

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   

Now 44,231 KH/s, that's not normal.

Notice the giant reward drop        testcc90cc   KH/s-----44,133        XMG/Day----- 325.034


testcc90cc         KH/s-----23,657      XMG/Day-----2,726.157


The only logical reason I can think of for doing this would be to suppress rewards and encourage exchange buys as the only viable way to Obtain Magi.


I think the best option is for people to mine constant with 30% cpu usage long term with the most energy efficient cpu

[joelao95]

Some post worthwhile should be translated always into more languages, spanish translation thread have this one now HERE

ofc i will update other spanish threads at other forums too

Thanks friend.

[joelao95]

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing  

Now 44,231 KH/s, that's not normal.

This is a concern...

[thdim]

i made a vps miner for fun..
but i cannot understand why people mine this?
i cannot get any profit from this: time to setup miner cost me more than it ever makes coins to me.
vps cost more than magi makes.
cpu uses more power than magi makes you??
explain me please?

pure botnet coin?

It can be easily be profitable. The problem is that the bigger the hashrate is the lower the block reward is. A lot of people don't understand this or simply don't care so they mine with a few thousand kh/s. They could earn more by diminishing their hashrate but they're not really clever so they don't !

This needs a change of mindset.
With Bitcoin it was the higher the hashrate the better the reward.
With the coins launched after BTC it was almost always the same.
This mindset change will take time!

I am afraid that this mindset will never happen my friend, it's like saying that one day they will be piece in the world because everybody will live better!

I think it would be more productive to discuss about the technical and non technical methods to force this kind of mindset, I am not an expert... just trying to open the discussion here. Making Magi go one step closer to the idea "a coin for all people" should be our daily target in my opinion.

[cc90cc]

it's not a concern,
Just want to make fun...

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing  

Now 44,231 KH/s, that's not normal.

This is a concern...

[joelao95]

it's not a concern,
Just want to make fun...

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing  

Now 44,231 KH/s, that's not normal.

This is a concern...

Please do so. I am very interested to know about how many coins can be mined in a day. That will be the valuable data to me.

[111magic]

Can somebody PM me about compiling wallet/minerd across several UNIX like systems? I see the first reply has a small guide but I'm getting with an error about GMP, it says I have the package but when I go to configure it errors on GNU MP. I'll probably post my steps if I can get it working easily.

Did you see https://bitcointalk.org/index.php?topic=735170.msg11977962#msg11977962

I thought someone told me that they followed it and got it to work on UNIX

Thanks for this Fragilefungi.
D0om could you give us feedback if you solved the problem?

[111magic]

Post in progress!
Try to find all different Magi threads on the different forums


https://bitcointalk.org/index.php?topic=735170.0
https://bitcointalk.org/index.php?topic=1164424.0 (Spanish)

http://bitcoingarden.tk/forum/index.php?topic=4544.0
http://bitcoingarden.tk/forum/index.php?topic=4554.0 (Spanish)

https://www.cryptopia.co.nz/Forum/Thread/329
https://www.cryptopia.co.nz/Forum/Thread/351
https://www.cryptopia.co.nz/Forum/Thread/332 (Spanish)

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

http://www.bitcoinaltcoin.com/index.php?topic=778.0

http://altcointalk.org/index.php/topic,531.0.html (Spanish)
http://altcointalk.org/index.php/topic,520.0.html

[Erkallys]

To force the mindset change I have an idea that could be benefit (or not) to Magi : why not open a pool that only confirmed Magi member could join ? That could spread the hashes a bit more and if we have a total pool power bigger than big miners, their rewards would be decreased a lot and maybe they will give up.

[cisahasa]

testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing  

Now 44,231 KH/s, that's not normal.

This is a concern...

smells like a gpus on it..