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

[starmman]

Hi everyone.
I have been mining magi for about 2 weeks now and thought I would say hi to the community.

I am new to the world of mining and had a few questions.

I have been mining in a pool and also trying solo mining.
In the pool I am averaging a coin a day at 40kh/s - is that considered ok?
I dont know if I am doing the solo mining correctly. as I dont get the yay or boo messages. just the hash rate - can anyone give me advise on this?


Thanks,
Turtle.

Hi there,

Welcome to the magi community, 40kh/s is about double what I'm mining at the moment - don't expect massive rewards from it - I'm getting about 10 XMG in every couple of weeks right now

Unless you have more hash, you may struggle to find a block when mining solo. Didn't try it myself, so not sure exactly how much hash you'll need or what the messages mean =)

[1715210077]

1715210077

[malafaya]

Hi everyone.
I have been mining magi for about 2 weeks now and thought I would say hi to the community.

I am new to the world of mining and had a few questions.

I have been mining in a pool and also trying solo mining.
In the pool I am averaging a coin a day at 40kh/s - is that considered ok?
I dont know if I am doing the solo mining correctly. as I dont get the yay or boo messages. just the hash rate - can anyone give me advise on this?


Thanks,
Turtle.

Yay and boos are visible when you mine with a pool/when you submit a share. In solo mining, you only get a message when you find a block (and that will be quite a rare event with such a low hashrate).

[The Frisian]

Volume on bittrex below 2 btc, less than 5 btc bids.
Seems the attention and interest on XMG is very low at the moment.

[starmman]

Volume on bittrex below 2 btc, less than 5 btc bids.
Seems the attention and interest on XMG is very low at the moment.

I'd noticed that the volume is down a bit too - I suspect its all this movement on BTC/BCC drawing attention away from a lot of the smaller alts

[111magic]

Volume on bittrex below 2 btc, less than 5 btc bids.
Seems the attention and interest on XMG is very low at the moment.

I'd noticed that the volume is down a bit too - I suspect its all this movement on BTC/BCC drawing attention away from a lot of the smaller alts

Yes attention will grow for alts after btc will be stable again!

[bitfawkes]

Hello MAGI team.

I'm happy to announce that your coin has been listed to ItalYiiMP 2.0 for mining,

to get paid in XMG just set c=XMG as password in your configuration.

As an additional service, the explorer is available at the address http://italyiimp.com/explorer

Visit http://italyiimp.com.

Best regards.

Bitfawkes.

[bridgenull]

Could anyone ELI5 what weight is?

[kamarul.jutawan]

can the developer do something about yobit?

only the developer can tell yobit to update their wallet so all those deposits to yobit will be released. one month waiting and yobit didnt even bother to check any of tickets sent.
other developer can solve this so fast, i dont understand why XMG developer not doing anything...

[starmman]

can the developer do something about yobit?

only the developer can tell yobit to update their wallet so all those deposits to yobit will be released. one month waiting and yobit didnt even bother to check any of tickets sent.
other developer can solve this so fast, i dont understand why XMG developer not doing anything...

I've got guite a few coins which are stuck in Yobit - EGC and IXC are also suffering the same problem - in both cases, as with Magi, the developer has sent a ticket.

I feel your pain - I have over 3000 Magi stuck there right now (although they are still generating trade income)

[111magic]

can the developer do something about yobit?

only the developer can tell yobit to update their wallet so all those deposits to yobit will be released. one month waiting and yobit didnt even bother to check any of tickets sent.
other developer can solve this so fast, i dont understand why XMG developer not doing anything...

I've got guite a few coins which are stuck in Yobit - EGC and IXC are also suffering the same problem - in both cases, as with Magi, the developer has sent a ticket.

I feel your pain - I have over 3000 Magi stuck there right now (although they are still generating trade income)

Understand the issues with Yobit. Magi contacted them more times. No respons at all. Don't know what we can do about it. Any ideas??

[starmman]

can the developer do something about yobit?

only the developer can tell yobit to update their wallet so all those deposits to yobit will be released. one month waiting and yobit didnt even bother to check any of tickets sent.
other developer can solve this so fast, i dont understand why XMG developer not doing anything...

I've got guite a few coins which are stuck in Yobit - EGC and IXC are also suffering the same problem - in both cases, as with Magi, the developer has sent a ticket.

I feel your pain - I have over 3000 Magi stuck there right now (although they are still generating trade income)

Understand the issues with Yobit. Magi contacted them more times. No respons at all. Don't know what we can do about it. Any ideas??

I've sent another request (this time dev request over support ticket), didn't get a response back so far - I hear that multiple requests doesn't always help - the only way to guarantee relisting is to pay - however the cost looks like more than the combined magi on the exchange.

[111magic]

can the developer do something about yobit?

only the developer can tell yobit to update their wallet so all those deposits to yobit will be released. one month waiting and yobit didnt even bother to check any of tickets sent.
other developer can solve this so fast, i dont understand why XMG developer not doing anything...

I've got guite a few coins which are stuck in Yobit - EGC and IXC are also suffering the same problem - in both cases, as with Magi, the developer has sent a ticket.

I feel your pain - I have over 3000 Magi stuck there right now (although they are still generating trade income)

Understand the issues with Yobit. Magi contacted them more times. No respons at all. Don't know what we can do about it. Any ideas??

I've sent another request (this time dev request over support ticket), didn't get a response back so far - I hear that multiple requests doesn't always help - the only way to guarantee relisting is to pay - however the cost looks like more than the combined magi on the exchange.

Indeed they ask a lot for support! In btc!

[qq386437050]

I think the reason is that the price is low for a long time, and there has been no big deal and no volatility. This situation is difficult to attract investors attention. The exchange platform only chooses things that are good for them

[111magic]

I think the reason is that the price is low for a long time, and there has been no big deal and no volatility. This situation is difficult to attract investors attention. The exchange platform only chooses things that are good for them

Hmm you could be right but still think price is not low but gives nice period to join in. New services, developments or other things will be good for Magi.

[The Frisian]

I think the reason is that the price is low for a long time, and there has been no big deal and no volatility. This situation is difficult to attract investors attention. The exchange platform only chooses things that are good for them

Hmm you could be right but still think price is not low but gives nice period to join in. New services, developments or other things will be good for Magi.

[Bertram89]

mPoW can effectively govern the magi's network and limit it under a certain scale, enabling the general devices to be capable of mining magi. ++ For details

[f80]

The price went fully in consolidation, but as said some new developments could do a great deal for the coin 

[111magic]

The price went fully in consolidation, but as said some new developments could do a great deal for the coin 

Thats right. Magi will work on that. Looking at the currency at this moment are there special wishes from the community? Check roadmap here first; http://m-core.org

[The Frisian]

Nowadays the staking reward is very low!
Until the forking the daily reward was low, 1 XMG for every 10000 XMG staking.  (3.5 %)
After the forks the daily reward is reduced by 50%, 1 XMG for every 20000 XMG staking. (1.75 %)

[111magic]

Nowadays the staking reward is very low!
Until the forking the daily reward was low, 1 XMG for every 10000 XMG staking.  (3.5 %)
After the forks the daily reward is reduced by 50%, 1 XMG for every 20000 XMG staking. (1.75 %)

Ok thanks TheFrisian for the feedback. Maybe Joe can improve this.