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

[111magic]

Think this year will make a difference in Crypto-world!
Mark my words! 

[The Frisian]

Mint PoS coins using others peoples money and retain only enough capital to for a run on the bank situation.  Buy PoS coins cheaply on rival exchanges and mint them.  Prevent BTC, LTC or other major coins used in arbitrage from being easily withdrawn to keep the price on your exchange high for selling the PoS coins you mint at a premium. 

This should mean a major scam. I can't understand this is already going on from oktober. And still every day around 500 BTC is traded by cryptsy.
Latest news today: Cryptsy Has Moved Out of Their Building Unannounced, Nowhere to be Found.

[xinwao]

Hi!
Can the DEV share complete wallet in newest version? Published binaries containts only qt executable and miss other binaries that are important for many of us.
Thx

up

Dev noticed your question and will get back on it later amigo!

Hi!
What is the planned date for the release of the complete wallet?

Joe will answer this question!

OK, but when?

Ow think hè missed this one.
I will contact him about this.
Sorry for the delay!

hi! please do not forget. thx.

[111magic]

Hi!
Can the DEV share complete wallet in newest version? Published binaries containts only qt executable and miss other binaries that are important for many of us.
Thx

up

Dev noticed your question and will get back on it later amigo!

Hi!
What is the planned date for the release of the complete wallet?

Joe will answer this question!

OK, but when?

Ow think hè missed this one.
I will contact him about this.
Sorry for the delay!

hi! please do not forget. thx.

He amigo,

Magi had a meeting yesterday. Joe will work on a new wallet with more improvements.
It will take time. (because of his new Job and moving to another place)
In the mean time there will be a temporary new wallet what will be faster.
Hope that one will not take much time for launching.

[kondiomir]

Good to know. BTW I have no problem using the old wallet.

[111magic]

Good to know. BTW I have no problem using the old wallet.

Thanks for sharing Kondiomir! Old wallet works fine but a faster one is always better.
Special a faster one with more improvements!

[go6ooo1212]

Good to know. BTW I have no problem using the old wallet.

Thanks for sharing Kondiomir! Old wallet works fine but a faster one is always better.
Special a faster one with more improvements!

I have no prob. with the current either. Kondiomir, greetings, mada_faka!!😃

[z0n0]

Mint PoS coins using others peoples money and retain only enough capital to for a run on the bank situation.  Buy PoS coins cheaply on rival exchanges and mint them.  Prevent BTC, LTC or other major coins used in arbitrage from being easily withdrawn to keep the price on your exchange high for selling the PoS coins you mint at a premium. 

This should mean a major scam. I can't understand this is already going on from oktober. And still every day around 500 BTC is traded by cryptsy.
Latest news today: Cryptsy Has Moved Out of Their Building Unannounced, Nowhere to be Found.

Smells like mt.gox
I exchanged all my btc to XMG and escaped from that shit.

[xinwao]

Hi!
Can the DEV share complete wallet in newest version? Published binaries containts only qt executable and miss other binaries that are important for many of us.
Thx

up

Dev noticed your question and will get back on it later amigo!

Hi!
What is the planned date for the release of the complete wallet?

Joe will answer this question!

OK, but when?

Ow think hè missed this one.
I will contact him about this.
Sorry for the delay!

hi! please do not forget. thx.

He amigo,

Magi had a meeting yesterday. Joe will work on a new wallet with more improvements.
It will take time. (because of his new Job and moving to another place)
In the mean time there will be a temporary new wallet what will be faster.
Hope that one will not take much time for launching.

Ok, but it is a pity that your officially compiled wallet does not contain all the binaries from source code.

[s@toshiClaims]

Launched on Sep. 15, 5:00 PM EST

     

Website | MagiPay | Forum | Wallet Downloads | CPU Miner | Features

Freenode IRC: #magi  |   Skype: coin.magi  |   QQ group: 337678945  |  

MagiPay - Standalone Payment Gateway - (03/06/2015)
Recent Hard Fork - (12/31/2014)

Summary

Magi is a PoW/PoS hybrid coin. Magi is designed with difficulty dependent mining reward for proof-of-mining (PoW) blocks in order to put network hashrate under a certain limit. Magi at the first time implements a novel proof-of-staking mechanism, PoS-II, to frustrate potential attack through accumulating a large number of coins (read more..). Magi is at the first concentrating on the low cost in maintaining its block system, for example, through cost effective mining devices. To this end, Magi strives for every single effort to make mining be available to everyone, and provides an even playing field for people looking to issue digital coins without expensive equipment.

 [MagiIntro Video] - What is Coin of the Magi?


Wallet Downloads (v1.2.3.1)
Official site, Sourceforge, Github release, Windows, Mac OS X, Linux

Specifications

Proof of Work (PoW)
Disable huge hash - Specific PoW block reward design to maintain the network hashrate and make mining available to CPU (more..)
M7M (v2) PoW hash function
Block time - 3 minutes
MagiQuantumWave (MQW) difficulty adjustment per block

Proof of Staking II (PoW-II)
Security enhanced - Variable coin age depending on the staking time (more..)
Minimum coin age - 2 hours
Interest rate - network weight dependent with maximum 5%;
Block time - 1.5 minutes
Block hash - SHA256
Maturity: 120
     (Set posii=0 in magi.conf to disable PoS-II)

Total supply: 25 million
RPC - 8232, P2P - 8233

Exchanges
Cryptsy | Bittrex | Poloniex | Bitspark | Bleutrade | Cryptopia | LiteBit.eu (with fiat currency)

CPU Miner
Source: https://github.com/magi-project/m-cpuminer-v2 (About the miner)
GUI (m-cpuminer-qt): Windows 64, 32, Mac OS X, Linux 64, Source, Github release
NeedIfFindIt's GUI Miner: Makejar download (Windows), Coinmagi.org host download
m-minerd (m-cpuminer-v2): Windows 64, 32, Mac OS X, Linux 64, Source, Github release
Spexx's minerd: Download here (Windows), Coinmagi.org host download
Guide to launch the miner
Adjust CPU mining usage: "-e cpu_efficiency" between 0 - 100 (i.e., 0 - 100%)

Code:

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

Pools
Suprnova | MagiPool | MaxMiners | XMGpool.cf | SuchPool | m-hash

Multiple Pools
multi.magipool.info (Guide)

Mining Rig Rentals
https://www.miningrigrentals.com/rigs/m7m

Block Explorer
CryptoID | m-chain.info (official) | Bchain.info | Blockexperts | /index.php?blockexplorer=XMG]MultiFaucet

Features
A network-dependent rewarding system: proof-of-mining
PoS-II

Miscellaneous
XMG mining summarize: http://poolinfo.coinmagi.org/
XMG generated per day: http://xmg.makejar.com/xmg-per-day/
XMG hash rate and block reward: https://bauerj.eu/xmg/
Paper wallet: http://paperwallet.coinmagi.org/
Coin Market App - Crypto Coins: GooglePlay store

MagiPay Standalone Payment Gateway


Faucets
Magi Steep Rocks
Cryptospout Hourly Magi Faucet
Cryptospout Hourly Magi Deluge
Cryptospout Daily Magi Faucet
/index.php?faucet=XMG]MultiFaucet
FreeCrypto Multi Coin Faucet

Videos
https://www.youtube.com/watch?v=7EkAbPacS7c
https://www.youtube.com/watch?v=W71FVD6YWM8
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s
https://dl.dropboxusercontent.com/u/5189405/magiproject2.mp4

Games
Blackjack & Pirateslots
Jackpot lottery
The fruitsclan (the world wide multi-gaming clan, thanks to Goldlabel): Netherlands site, English site


News
03/13/2015: Light Splasher Graphics: http://www.lightsplasher.com/2015/magi-coin-review/
03/07/2015: Crypto Mining Blog: http://cryptomining-blog.com/4491-cpu-mining-the-coin-magi-xmg-what-can-you-expect/
03/02/2015: Crypto Mining Blog: http://cryptomining-blog.com/4459-are-you-looking-for-a-cpu-crypto-coin-try-coin-magi-xmg/
02/24/2015: 24/7 Cryptonews: http://247cryptonews.com/coin-magi-dream-transformed-in-reality-for-cpu-miners/
12/13: Crypto Mining Blog: http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/
12/01: Coinkita.com (a bitcoin educational community startup) (Indonesian ): http://coinkita.com/xmg-magi/
11/23: BTC-Germany: http://blog.btcgermany.eu/altcoin-der-woche-magicoin-xmg/
11/15: The Bitcoin News: http://thebitcoinnews.com/2014/11/15/coin-magi-cpu-miners-dream-proof-of-mining-pos-ii/
11/14: Coins Source: http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/
10/31: Mundo Crypto: La moneda de distribución justa (Spanish); http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/
10/29: The Einsteinium News: https://sites.google.com/site/einsteiniumbiz/home/page-2
10/28: The Bitcoin News: http://thebitcoinnews.com/2014/10/28/coin-magi/
10/28: Cryptos.Us: http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin
10/21: Satoshis.Guru: http://www.satoshis.guru/home/coin-info/magicoin/
10/19: The Cryptocoin Chronicle: http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/


Updates
05/18/2015: New wallet v1.2.2.1 (not hardfork); https://bitcointalk.org/index.php?topic=735170.msg11416220#msg11416220
04/20/2015: 2nd PoM campaign launched; https://bitcointalk.org/index.php?topic=1028548.0
03/06/2015: MagiPay is launched; Standalone Payment Gateway for Coin Magi! https://bitcointalk.org/index.php?topic=735170.msg10683233#msg10683233
03/01/2015: MagiPay launch announcement; https://bitcointalk.org/index.php?topic=735170.msg10617629#msg10617629
02/23/2015: m-face project --> community coin; https://bitcointalk.org/index.php?topic=735170.msg10559436#msg10559436; new members: https://bitcointalk.org/index.php?topic=735170.msg10561397#msg10561397
01/26/2015: Optimized miner; https://bitcointalk.org/index.php?topic=735170.msg10273772#msg10273772
01/04/2015: MagiPay internal tests; https://bitcointalk.org/index.php?topic=735170.msg10039030#msg10039030
12/31: Sharping the PoW rewarding system & updates to make PoS-II the most secure coin so far; https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269
12/28: Magi JSON-RPC libraries for C++ and Node.js; https://bitcointalk.org/index.php?topic=735170.msg9967546#msg9967546
12/20: Some notes; https://bitcointalk.org/index.php?topic=735170.msg9900074#msg9900074
12/03: Preview of MagiPay - standalone payment gateway for Magi; https://bitcointalk.org/index.php?topic=735170.msg9731024#msg9731024
11/12: Magi Multipool; https://bitcointalk.org/index.php?topic=735170.msg9526629#msg9526629
11/11: MagiTeam & roadmap & plans; https://bitcointalk.org/index.php?topic=735170.msg9511891#msg9511891
11/10: Bittrex market is live; https://bittrex.com/Market/?MarketName=BTC-XMG
11/09: Magi-stratum for setting up pools; https://bitcointalk.org/index.php?topic=735170.msg9493680#msg9493680
11/08: Poloniex trading and escrow service; 720,000 XMG burned (93m4hAxmCcGXMfnjVPfNhWSjb69sDziGSY); https://bitcointalk.org/index.php?topic=735170.msg9475622#msg9475622
11/06: Coins Source Trust Index (7/7); https://bitcointalk.org/index.php?topic=735170.msg9460819#msg9460819
10/30: MagiTor and some other updates; https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469; Downloads: http://coinmagi.org/files/magi-release/magitor
10/24: Mandatory wallet update [Hardfork] M7M-v2, block rewards, difficulty adjustment - Magi quantum wave (MQW) and PoW-II phase updates; https://bitcointalk.org/index.php?topic=735170.msg9310611#msg9310611
10/17: Enhancing CPU mining: M7M hardfork in testnet 10/17/2014 8:00 PM EST; https://bitcointalk.org/index.php?topic=735170.msg9230961#msg9230961
10/07: Coin swap final: total 227,140 XMG will be used for swap, that is only 0.9% of total supply; swap ratio: 16 old Magicoin => 1 XMG; coins swapped no more than 10% of total XMG in circulation, escrow will be used to hold unswapped coins: https://bitcointalk.org/index.php?topic=821170.msg9190490#msg9190490; unswapped coins (except some bounties we paid, like translation, video, etc) will be destroyed. I believe this is very much a guarantee for the miners/investors.
10/07: PoS-II: https://bitcointalk.org/index.php?topic=735170.msg9121445#msg9121445
          Coming updates & regarding coin swap; https://bitcointalk.org/index.php?topic=735170.msg9111697#msg9111697
10/02: Anyone can lead a MagiCampaign; https://bitcointalk.org/index.php?topic=735170.msg9060955#msg9060955
09/29: Proof of mining campaign; https://bitcointalk.org/index.php?topic=735170.msg9019696#msg9019696
                                                 https://bitcointalk.org/index.php?topic=802681.0
09/28: Releasing MagiPublication (http://arxiv.org/abs/1409.7948), new block rewards explained, statement of future plans; https://bitcointalk.org/index.php?topic=735170.msg9008850#msg9008850
          [Available online] https://bitcointalk.org/index.php?topic=735170.msg9023457#msg9023457
09/26: About the new block reward and more; https://bitcointalk.org/index.php?topic=735170.msg8976083#msg8976083
09/25: Proposal of algo revision, half-closed source code, pool limiting hash; https://bitcointalk.org/index.php?topic=735170.msg8968087#msg8968087
09/24: Initiate coin swap; https://bitcointalk.org/index.php?topic=735170.msg8950501#msg8950501
09/23: Build a solid cpumining network; pls setup FREE VPS; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
09/21: How does the new block rewarding system look like: fist look; misc (IRC): https://bitcointalk.org/index.php?topic=735170.msg8919460#msg8919460
09/20: Need five pools to support Proof of Mining Campaign; https://bitcointalk.org/index.php?topic=735170.msg8906452#msg8906452
09/20: Mandatory wallet update v1.0.0.2; https://bitcointalk.org/index.php?topic=735170.msg8898198#msg8898198
09/19: MagiPlans and more info; https://bitcointalk.org/index.php?topic=735170.msg8892210#msg8892210
09/19: An potential adjustment of block rewards - diff; https://bitcointalk.org/index.php?topic=735170.msg8884670#msg8884670
09/18: Urgent, please repond; https://bitcointalk.org/index.php?topic=735170.msg8878920#msg8878920
09/16: XMG needed for bounties (translation); https://bitcointalk.org/index.php?topic=735170.msg8851642#msg8851642
09/16: A short summary and an issue to be resolved; https://bitcointalk.org/index.php?topic=735170.msg8845155#msg8845155
09/13: Mining test before launch; https://bitcointalk.org/index.php?topic=735170.msg8824996#msg8824996
09/13: A guide for VPS mining; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
09/10: OP & coin distribution review; https://bitcointalk.org/index.php?topic=735170.msg8755719#msg8755719
09/07: About CPU PoW algorithm; https://bitcointalk.org/index.php?topic=735170.msg8716805#msg8716805
09/04: Miners, possible M7-N algo; https://bitcointalk.org/index.php?topic=735170.msg8680640#msg8680640
08/30: 2nd testnet; https://bitcointalk.org/index.php?topic=735170.msg8593208#msg8593208
08/25: cpu&gpu miners ported; cudaminer needs test though: https://bitcointalk.org/index.php?topic=735170.msg8533387#msg8533387
https://github.com/magi-project
08/23: CPU miner is ready for 2nd test: https://bitcointalk.org/index.php?topic=735170.msg8499202#msg8499202
08/21: we got an issue, will fix and run the testnet again: https://bitcointalk.org/index.php?topic=735170.msg8463488#msg8463488
08/20 (PoS-II): https://bitcointalk.org/index.php?topic=735170.msg8453963#msg8453963
08/18: 1st testnet; https://bitcointalk.org/index.php?topic=735170.msg8427923#msg8427923

[Nodes]

Code:

addnode=104.128.225.215
addnode=216.189.144.213
addnode=162.245.217.165
addnode=104.131.57.65
addnode=104.131.42.100

[Donate the magi-project]
XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC

Thanks mining it

[111magic]

Wow!! You are welcome amigo.

[goldlabel]

Congratulations Tony Son,
Your the winner of the 700 likes contest.
The 300 XMG will be soon in your wallet.

[lxxtikk]

Congratulations Tony Son,
Your the winner of the 700 likes contest.
The 300 XMG will be soon in your wallet.

300 xmg 

[111magic]

70 XMG for 21 BTC
300 XMG for 85 BTC?

[lxxtikk]

70 XMG for 21 BTC
300 XMG for 85 BTC?

no  , it was a crypsty joke ,i would like to see at polo 70 xmg for 21 btc 

[tittiecoiner]

Cryptsy drama doesn't find an end. They again stopped trading and withdrawals for an unknown time due to a phishing attack. Even Big V found his voice back
https://twitter.com/cryptsy/status/687125569159467008

[ethought]

XMG has been added to the CoinWallet.co online wallet and POS pool service.

https://www.coinwallet.co

Running since 2013.

POS Pool fee: 2%
Withdrawal fee: 0.5%

As always use online wallets with caution and store the majority of your coins in cold storage or a secure / encrypted wallet on your computer.

Coinwallet.co serves as an easy to use and accessible wallet that you can access with just an internet connection. Handy to aggregate your mining income or have a small amount of coins accessible when you don't have access to your main wallet.

[111magic]

Cryptsy drama doesn't find an end. They again stopped trading and withdrawals for an unknown time due to a phishing attack. Even Big V found his voice back
https://twitter.com/cryptsy/status/687125569159467008

I indeed received the phishing SMS! Watch out don't click on the link in the SMS.

[111magic]

XMG has been added to the CoinWallet.co online wallet and POS pool service.

https://www.coinwallet.co

Running since 2013.

POS Pool fee: 2%
Withdrawal fee: 0.5%

As always use online wallets with caution and store the majority of your coins in cold storage or a secure / encrypted wallet on your computer.

Coinwallet.co serves as an easy to use and accessible wallet that you can access with just an internet connection. Handy to aggregate your mining income or have a small amount of coins accessible when you don't have access to your main wallet.

Thanks for adding Magi (XMG) Ethought.
Welcome in our awesome Magi community.

[ethought]

XMG has been added to the CoinWallet.co online wallet and POS pool service.

https://www.coinwallet.co

Running since 2013.

POS Pool fee: 2%
Withdrawal fee: 0.5%

As always use online wallets with caution and store the majority of your coins in cold storage or a secure / encrypted wallet on your computer.

Coinwallet.co serves as an easy to use and accessible wallet that you can access with just an internet connection. Handy to aggregate your mining income or have a small amount of coins accessible when you don't have access to your main wallet.

Thanks for adding Magi (XMG) Ethought.
Welcome in our awesome Magi community.

No problem, thanks for the kind welcome