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

[joelao95]

..
i think joe should maybe give coinpiles always a minimum base chance to mint and just reduce the rewards to zero for old coin pile

this way a wallet which was not minting for a month fix itself

first round of POS with 0 rewards but next round works normal

and no micromanagement by user required

This would be a nice feature.

[nodecoin5]

Do you have roadmap ?
will be magi  add to azure
I think it has much potential for growing

[starmman]

I'm loving the volatility of the XMG markets right now. Magi is awesome.

[allcoinminer]

Is there a GPU miner for this XMG Coin Magi?

[brizio71]

Hello,
there are any working miner for Mac OSX CPU ?
thanks

[111magic]

I'm loving the volatility of the XMG markets right now. Magi is awesome.

Thanks for the nice words amigo. Genius dev & awesome community can give Magi a great future!
Keep up the good work all!
Btw Magi thread passed 1.000.000 times read!

[The Frisian]

# Transaction under stake with a value greater than the threshold is being splitted
stakesplitthreshold=600
# Transactions with values less than the threshold will combine into one
stakecombinethreshold=30
how to setup those, I want all inputs that are bellow 30 to combine into at least 600, I still have like 1000+ in inputs lower than 30

I use:
stakesplitthreshold=800
stakecombinethreshold=1000

which leads to combining any transaction below 1000 into one,
which will be splitted because 1000+ bigger than 800.
I have after two weeks 50% transactions of around 1200 and 50% transactions around 600.
The weight is not very high but the reward is 3.5 % a year.

[starmman]

I'm loving the volatility of the XMG markets right now. Magi is awesome.

Thanks for the nice words amigo. Genius dev & awesome community can give Magi a great future!
Keep up the good work all!
Btw Magi thread passed 1.000.000 times read!

Haha, I just noticed the 1,000,000 reads too, you beat me to mentioning it =)

[darslander]

I'm loving the volatility of the XMG markets right now. Magi is awesome.

Thanks for the nice words amigo. Genius dev & awesome community can give Magi a great future!
Keep up the good work all!
Btw Magi thread passed 1.000.000 times read!

Haha, I just noticed the 1,000,000 reads too, you beat me to mentioning it =)

that means price will be 100k   , we should only wait
everyone want to buy XMG.
Great news 

[joelao95]

# Transaction under stake with a value greater than the threshold is being splitted
stakesplitthreshold=600
# Transactions with values less than the threshold will combine into one
stakecombinethreshold=30
how to setup those, I want all inputs that are bellow 30 to combine into at least 600, I still have like 1000+ in inputs lower than 30

I use:
stakesplitthreshold=800
stakecombinethreshold=1000

which leads to combining any transaction below 1000 into one,
which will be splitted because 1000+ bigger than 800.
I have after two weeks 50% transactions of around 1200 and 50% transactions around 600.
The weight is not very high but the reward is 3.5 % a year.

Well, when you have every little things merged and lined up, why keeping them splitting all the time, for fun?

[The Frisian]

Well, when you have every little things merged and lined up, why keeping them splitting all the time, for fun?

Do you mean splitting can be OFF?
And what are the consequences for staking?

[duniek]

for curiousity

[cryptonit]

Well, when you have every little things merged and lined up, why keeping them splitting all the time, for fun?

split and merge base function is to adapt amount of competing coin pile in network to the POS difficulty

if the diff is to low coin pile POS easy and fast and will split which increase com petion and raid difficulty

if diff is high coin pile get older and start to merge when POS with high coin age and below mergetreshhold size

merge means less coin pile compete and POS difficulty lowering

to make this work correct the merge treshhold have to be just processed after a certain coinage

at DMD for example coin pile can just merge if above 30 days coin age

XMG have much faster POS cycle so i guess like 2-3 days would be ok to start allow merge coin pile

what i explain here is the intention of the original POS engine split and merge mechanic

if and how joe will adapt it in XMG we will see

until yet his answers looks like he see it just as dust prevention and not the added value to have a healthy POS difficulty

[allsir]

so many buy walls at poloniex 13 btc , lol
It is going to go till 100k maybe really soon 

[fragilefungi]

Hello,
there are any working miner for Mac OSX CPU ?
thanks

Yes, check the 1st page.  This thread is getting long.

[cryptonit]

i did think about a fix for riding pow diff waves and abuse the basical good idea of low hashrate high reward

by mine a few low diff blocks fast with high hashrate and then wait diff go down again

nexus implemented pow rewards reduce if below desired blocktime and increase if blocks found to fast

to make this happen nexus codebase implements a exact timesync between active wallets

maybe joe can use that two codeparts from nexus which is based on peercoin and this way same origin code tree

bitcoin based pow pos hybrid

i think nexus is a great high evolved coin where lot good code ideas can be taken from

and its CPU mineable too

[111magic]

I'm loving the volatility of the XMG markets right now. Magi is awesome.

Thanks for the nice words amigo. Genius dev & awesome community can give Magi a great future!
Keep up the good work all!
Btw Magi thread passed 1.000.000 times read!

Haha, I just noticed the 1,000,000 reads too, you beat me to mentioning it =)

Lol. Good to see I was in time mentioning it!

[goldlabel]

[bittamak]

Hi..I have coins in the blocks of 100 to 250 and they were purchased last year. Recently when i opened my wallet for staking, it says not staking because you don't have enough weight...what should i do?

[jkminkov]

for curiousity

you will have better results if you utilize only real cores, like only odd or even # of cores

bittamak - send them again to yourself in groups in the range 500-1000, depends or higher, depends on quantity you have.