akuci
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 04:42:34 PM |
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Already rewards are low, almost 50% lower... Maybe I should change my nickname to "Crybaby". ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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111magic
Legendary
Offline
Activity: 1750
Merit: 1005
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 04:44:50 PM |
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Just lower the xmgpool pool fee to 0.5% for this weekend. Enjoy mining!
Thanks for the info seeksilence
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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nsummy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:06:30 PM |
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I don't understand why everyone is complaining about the hashrate. I'm new to this coin, and correct me if I am wrong, but isn't it set up in a way which the higher the hashrate, the lower the rewards? The basic economics of supply and demand and opportunity costs should bring the hashrate to a sustainable rate. If the the rewards are too low, people will mine elsewhere, when they are high, they will come back. There is an equilibrium.
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akuci
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:09:06 PM |
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I don't understand why everyone is complaining about the hashrate. I'm new to this coin, and correct me if I am wrong, but isn't it set up in a way which the higher the hashrate, the lower the rewards? The basic economics of supply and demand and opportunity costs should bring the hashrate to a sustainable rate. If the the rewards are too low, people will mine elsewhere, when they are high, they will come back. There is an equilibrium.
Says someone with 1500KH\s. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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goldlabel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:10:36 PM |
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Someone to contact Suprnova owner to open his pool?
Better not, it's very bad for the block reward for other miners. Nicely said
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penambang
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:12:02 PM |
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More mempool error on my NOMP pool received block 000000001a86d38a2eb1 SetBestChain: new best=000000001a86d38a2eb19f1238358b9db3bb0590a60c650671de722bb179c5a4 height=1452104 money supply=7991958 trust=66013855359244 date=08/25/17 17:05:45 Stake checkpoint: 47c28008 ProcessBlock: ACCEPTED ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input Flushing wallet.dat Flushed wallet.dat 1ms Flushed 0 addresses to peers.dat 1ms received block 00000000796ec87c78c0 SetBestChain: new best=00000000796ec87c78c01eb782ad5169206578826d3ff9aa045d3baf9da66e3a height=1452105 money supply=7991963 trust=66013855364592 date=08/25/17 17:06:41 Stake checkpoint: fb0aac60 ProcessBlock: ACCEPTED ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input Flushing wallet.dat Flushed wallet.dat 0ms
My magi.conf: rpcuser=redacted rpcpassword=redacted # Listen for RPC connections on this TCP port: rpcport=8232
# server=1 to accept JSON-RPC commands server=1 daemon=1 # listen=1 to accept connections from outside listen=0
# RPC connection from localhost allowed rpcallowip=127.0.0.1
connect=104.128.225.215
posii=0
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ex33s
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:23:59 PM |
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More mempool error on my NOMP pool received block 000000001a86d38a2eb1 SetBestChain: new best=000000001a86d38a2eb19f1238358b9db3bb0590a60c650671de722bb179c5a4 height=1452104 money supply=7991958 trust=66013855359244 date=08/25/17 17:05:45 Stake checkpoint: 47c28008 ProcessBlock: ACCEPTED ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input Flushing wallet.dat Flushed wallet.dat 1ms Flushed 0 addresses to peers.dat 1ms received block 00000000796ec87c78c0 SetBestChain: new best=00000000796ec87c78c01eb782ad5169206578826d3ff9aa045d3baf9da66e3a height=1452105 money supply=7991963 trust=66013855364592 date=08/25/17 17:06:41 Stake checkpoint: fb0aac60 ProcessBlock: ACCEPTED ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input ERROR: mempool transaction missing input Flushing wallet.dat Flushed wallet.dat 0ms
My magi.conf: rpcuser=redacted rpcpassword=redacted # Listen for RPC connections on this TCP port: rpcport=8232
# server=1 to accept JSON-RPC commands server=1 daemon=1 # listen=1 to accept connections from outside listen=0
# RPC connection from localhost allowed rpcallowip=127.0.0.1
connect=104.128.225.215
posii=0 Any recent system updates?
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Apprentice
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:24:48 PM |
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Is everything working well now? I can see there is almost 1 pool up (minerclaim).
Why other pools are still offline?
Are payments being sent out? Got many unconfirmed blocks still...
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starmman
Legendary
Offline
Activity: 1484
Merit: 1029
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:26:19 PM |
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Is everything working well now? I can see there is almost 1 pool up (minerclaim).
Why other pools are still offline?
Are payments being sent out? Got many unconfirmed blocks still...
I moved over to minerpool for now - not sure if the botnets have moved across yet - hopefully this outage will make them decide to move to another coin...
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ojeck
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:26:49 PM |
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Just lower the xmgpool pool fee to 0.5% for this weekend. Enjoy mining!
Thanks for the information.
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penambang
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:32:05 PM |
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Any recent system updates?
Nope, didn't do system update since the fork.
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nsummy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:34:51 PM |
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Is everything working well now? I can see there is almost 1 pool up (minerclaim).
Why other pools are still offline?
Are payments being sent out? Got many unconfirmed blocks still...
There are at least 4 pools up that I know of. Confirmations take 520 blocks now.
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nsummy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:38:19 PM |
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Is everything working well now? I can see there is almost 1 pool up (minerclaim).
Why other pools are still offline?
Are payments being sent out? Got many unconfirmed blocks still...
I moved over to minerpool for now - not sure if the botnets have moved across yet - hopefully this outage will make them decide to move to another coin... There are no botnets. The 3 pools on https://poolinfo.systms.org/ are making up 33 Mh/s of the 39. There are pools out there not listed, plus solo miners. If you look at that 33 Mh/s rate, you see its made up of 580 workers, with an average of 56 Kh/s. Its just that there are a lot of people mining
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lhedwin
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 114
Merit: 10
life is simple!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:44:49 PM |
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I just see in MinerClaim home page this: "Today we are happy to announce, we are official member of the 2nd Proof of Mining Campaign!
We are part of this campaign to make mining possible for people they don't have a large anmount of hardware ressources. The PoM campaign is trying to protect the network and to ensure a fair coin distribution.
You can read the Rules at https://bitcointalk.org/index.php?topic=1095475.0
The Max Hashrate per User is 250KH/s
Thanks to 111magic of bitcointalk.org to make this possible!"Then go to pool stats and see this: Contributor Hashrates Rank Donor User Name KH/s XMG/Day BTC/Day 1 smbijan777 3,185 177.859 0.0092 2 anonymous 2,381 132.967 0.0069 3 nsummy 1,463 81.683 0.0042 4 anonymous 1,304 72.803 0.0038 5 hpulgar 1,125 62.848 0.0033 6 sacramouss 1,116 62.312 0.0032 7 anonymous 1,046 58.432 0.0030 8 anonymous 839 46.868 0.0024 9 vichet97 811 45.282 0.0024 10 Windozxpert 804 44.892 0.0023 11 json 600 33.498 0.0017 12 aw1985 572 31.937 0.0017 13 anonymous 484 27.033 0.0014 14 sz1977 460 25.715 0.0013 15 PetroW 430 24.007 0.0012 What a joke!!!!!
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nsummy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 05:49:35 PM |
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I don't understand why everyone is complaining about the hashrate. I'm new to this coin, and correct me if I am wrong, but isn't it set up in a way which the higher the hashrate, the lower the rewards? The basic economics of supply and demand and opportunity costs should bring the hashrate to a sustainable rate. If the the rewards are too low, people will mine elsewhere, when they are high, they will come back. There is an equilibrium.
Says someone with 1500KH\s. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) haha touche, though now I have dropped my hashrate down to 80 Kh/s. It wasn't worth it with the 5 XMG rewards. Economics at work!
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bfons
Newbie
Offline
Activity: 57
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 06:24:19 PM |
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As I received many requests of no-rollback and also many posts here, we will take the majority that we will go on with the chain on 104.128.225.215 as is, NO ROLLBACK. However, I strongly believe the PoW reward needs a reset at this mode before fix is released in the near future, and the number I have in mind is maximum 15 XMG / block. This is a temporary solution so that we keep chain / mining going. I temporarily shut the node down until we make release of the wallet. Please be prepare for the mining which can be done through solo mining. Please ask if you have questions of starting up solo mining. In the meantime, we seek pools like NOMP; few people present help on NOMP. I appreciate this.
I was working on a NOMP node but am not finding that it supports M7M. Anybody else here running a NOMP node for MAGI?
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akuci
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 06:27:50 PM |
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The Max Hashrate per User is 250KH/s
Thanks to 111magic of bitcointalk.org to make this possible!"[/i]
Then go to pool stats and see this:
Contributor Hashrates Rank Donor User Name KH/s XMG/Day BTC/Day 1 smbijan777 3,185 177.859 0.0092 2 anonymous 2,381 132.967 0.0069 3 nsummy 1,463 81.683 0.0042 4 anonymous 1,304 72.803 0.0038 5 hpulgar 1,125 62.848 0.0033 6 sacramouss 1,116 62.312 0.0032 7 anonymous 1,046 58.432 0.0030 8 anonymous 839 46.868 0.0024 9 vichet97 811 45.282 0.0024 10 Windozxpert 804 44.892 0.0023 11 json 600 33.498 0.0017 12 aw1985 572 31.937 0.0017 13 anonymous 484 27.033 0.0014 14 sz1977 460 25.715 0.0013 15 PetroW 430 24.007 0.0012
What a joke!!!!!
Yeah, it's bad for the reputation of the coin, but there are more important things to fix right now I think.
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penambang
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 06:32:50 PM |
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I was working on a NOMP node but am not finding that it supports M7M. Anybody else here running a NOMP node for MAGI?
https://github.com/ganjitoka/nomp-multi-hashing-bp
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akuci
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 06:34:54 PM |
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Rewards are getting lower and some folks pumping more hash into the mining... I really don't have anything to say than it's ridiculous. Really ridiculous.
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The Frisian
Legendary
Offline
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2017, 06:37:48 PM |
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Guys, is this okay? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.mupload.nl%2Fimg%2Fdxuaxlwvt2lxv.jpg&t=665&c=nFm8muIqNBmSpQ)
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