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btctuxedo
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December 29, 2017, 09:21:42 AM |
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Interesting to see it's profitable to mine a coin using CPU. I am going to start mining this coin soon.  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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ljuni0rl
Newbie
 Offline
Activity: 71
Merit: 0
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December 29, 2017, 09:49:10 AM |
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I used to be able to mint this coin but my coins are no longer staking although the blockchain is fully synced. Does anyone know what is the issue?
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svedex
Newbie
Offline
Activity: 37
Merit: 0
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December 29, 2017, 11:59:58 AM |
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wait for hardfork, read the comments on previous pages I used to be able to mint this coin but my coins are no longer staking although the blockchain is fully synced. Does anyone know what is the issue?
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starmman
Legendary
Offline
Activity: 1484
Merit: 1029
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December 29, 2017, 12:09:24 PM |
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I used to be able to mint this coin but my coins are no longer staking although the blockchain is fully synced. Does anyone know what is the issue?
A new wallet will be available on New Years Eve (~22:00 CET) following the hard fork |
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Stratobitz
Legendary
Offline
Activity: 1022
Merit: 1010
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December 29, 2017, 01:21:12 PM |
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Waking up and seeing Volume on Bittrex... Wow!
From 20 BTC to 1600 BTC in 1 Day. Whales have jumped in. Looking at the order books Sell walls have been placed to keep prices low. They're accumulating.
When the walls drop expect the big pop in price. Next 24-72 Hours... XMG one to watch.
Cheers!
Strato
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JeFeCiYo
Newbie
Offline
Activity: 13
Merit: 0
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December 29, 2017, 01:44:06 PM |
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I used to be able to mint this coin but my coins are no longer staking although the blockchain is fully synced. Does anyone know what is the issue?
A new wallet will be available on New Years Eve (~22:00 CET) following the hard fork Ok, so we should replace the old one with the new one, right? Thanks! |
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new24core
Member
Offline
Activity: 413
Merit: 17
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December 29, 2017, 02:20:59 PM |
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Waking up and seeing Volume on Bittrex... Wow!
From 20 BTC to 1600 BTC in 1 Day. Whales have jumped in. Looking at the order books Sell walls have been placed to keep prices low. They're accumulating.
When the walls drop expect the big pop in price. Next 24-72 Hours... XMG one to watch.
Cheers!
Strato
Don't be a shrimp as in Happy Feet 2!!  |
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minerclaim.net
Jr. Member
Offline
Activity: 39
Merit: 2
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December 29, 2017, 02:42:03 PM |
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WoW, whats going on. Suprnova closing it's pool at 31/12/2017 ?
Hope minerclaim will stay alive after hard fork.
Sure! |
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NxtGenCowboy
Newbie
Offline
Activity: 12
Merit: 2
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December 29, 2017, 02:59:52 PM |
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I noticed a few pools still mining the coin.. What happens with these pools and the hard fork? Since others have all stopped.
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iurab
Newbie
Offline
Activity: 1
Merit: 0
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December 29, 2017, 03:01:33 PM |
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At this moment, will any transaction be validated?
I bought some XMG and wonder if I can transfer it to my wallet..
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edward0181
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December 29, 2017, 03:21:48 PM |
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I noticed a few pools still mining the coin.. What happens with these pools and the hard fork? Since others have all stopped.
Nothing will happen as all blocks will be orphaned already. Once new wallet is online only then blocks will be confirmed and payed out for |
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starmman
Legendary
Offline
Activity: 1484
Merit: 1029
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December 29, 2017, 03:31:23 PM |
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At this moment, will any transaction be validated?
I bought some XMG and wonder if I can transfer it to my wallet..
Personally, I'm waiting until the new wallet is online before transferring any XMG, some people did report success however. If you really need to transfer, try with a small amount tx fee is very low |
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alojz
Newbie
Offline
Activity: 2
Merit: 0
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December 29, 2017, 04:05:37 PM
Last edit: December 29, 2017, 05:13:50 PM by alojz |
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Hi All, as you may already know, i was inspired by Magi Community to develop something cool A dashboard which allows you to monitor all of your workers and profits across multiple pools. PoolAttractor was born. 3 Days ago I developed a proof of concept which was extremely well accepted Just few hours later I purchased a domain and started developing the system. Here is the result (I know I said it will be done in 1 month LOL): https://poolattractor.com/development-of-basic-functionality-milestone-achieved/Please like the FB page https://www.facebook.com/PoolAttractor/At the moment it supports m-pos mining pools which allow you to use their API (some of them dont give you API key) It will automatically display all relevant data and currencies as soon as you add pools to the dashboard. As a thank you guest to Magi Community I put references to Magi Coin on homepage and in footer  Let me know if you have any suggestions etc. Cheers! |
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suvaline
Newbie
Offline
Activity: 1
Merit: 0
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December 29, 2017, 04:09:53 PM |
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At this moment, will any transaction be validated?
I bought some XMG and wonder if I can transfer it to my wallet..
Personally, I'm waiting until the new wallet is online before transferring any XMG, some people did report success however. If you really need to transfer, try with a small amount tx fee is very low So it`s alright to keep my xmg coins in my bittrex wallet while fork is happening? |
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guytechie
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December 29, 2017, 04:40:34 PM
Last edit: December 29, 2017, 04:55:12 PM by guytechie |
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I'm still not sure what constitutes as over-mining.
Am I over-mining if I have a Threadripper 1950X, 4770K, 4650K, and a few Core 2 Duos and Pentium G CPUs on zPool?
Should I split them up to different pools instead?
Can I try my hand on solo mining? Better to proxy them or let them do it individually (even the slow miners such as Core2 Duos and Pentium G)?
While I understand this was done to deter botnets, it really puts some concerns for people who has lots of spare resources (not botnet, just 10-20 PCs).
FYI - GPU mining rigs with low-powered CPUs (want' to use the CPUs for m7m mining). More powerful cpus are production machines (my gaming PC, my media center PC, and my test PC), but since they're not being used allthe time, I want to use them to mine while I'm not actively using them.
In total, I can produce 1.2 - 1.5 MH/s
Too much?
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Put something in my tip jar if I made your day. BTC: 1MkmBHDjonAFXui6JEx9ZmEemfMtUo9Cmu |
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trader03
Newbie
Offline
Activity: 56
Merit: 0
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December 29, 2017, 04:55:31 PM |
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buy magi now, bomb in sight  |
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trader03
Newbie
Offline
Activity: 56
Merit: 0
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December 29, 2017, 05:10:08 PM |
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Hi All, as you may already know, i was inspired by Magi Community to develop something cool A dashboard which allows you to monitor all of your workers and profits across multiple pools. PoolAttractor was born. 3 Days ago I developed a proof of concept which was extremely well accepted Just few hours later I purchased a domain and started developing the system. Here is the result (I know I said it will be done in 1 month LOL): https://poolattractor.com/development-of-basic-functionality-milestone-achieved/At the moment it supports m-pos mining pools which allow you to use their API (some of them dont give you API key) It will automatically display all relevant data and currencies as soon as you add pools to the dashboard. As a thank you guest to Magi Community I put references to Magi Coin on homepage and in footer Let me know if you have any suggestions etc. Es genial, excelente trabajo amigo felicitaciones........ Cheers! |
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mozsi
Member
Offline
Activity: 113
Merit: 105
bunny
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December 29, 2017, 05:37:14 PM |
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I'm still not sure what constitutes as over-mining.
Am I over-mining if I have a Threadripper 1950X, 4770K, 4650K, and a few Core 2 Duos and Pentium G CPUs on zPool?
Should I split them up to different pools instead?
Can I try my hand on solo mining? Better to proxy them or let them do it individually (even the slow miners such as Core2 Duos and Pentium G)?
While I understand this was done to deter botnets, it really puts some concerns for people who has lots of spare resources (not botnet, just 10-20 PCs).
FYI - GPU mining rigs with low-powered CPUs (want' to use the CPUs for m7m mining). More powerful cpus are production machines (my gaming PC, my media center PC, and my test PC), but since they're not being used allthe time, I want to use them to mine while I'm not actively using them.
In total, I can produce 1.2 - 1.5 MH/s
Too much?
Yes it is too much. Magi block rewards are difficulty dependant. As far as I understand mPoW it is not competitive more like co-operative. Miners should be focusing on keeping the total network hash rate at a certain range to maximize mining rewards. This means adding/removing hash rate collectively when its needed. Read this carefully: https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269If anyone finds any error in what i wrote please feel free to correct me. Gogo magi!! |
hey there
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realbagdad
Newbie
Offline
Activity: 39
Merit: 0
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December 29, 2017, 06:54:17 PM |
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so all the coins transferred after the hacked blocks will be reversed, correct?
That's what a hard fork does?
yeah and all the people who sold at the peak will get their coins back and will keep the btc as well... duh... ps: if this happens, xmg will probably get delisted considering bittrex would have to reimburse (or screw their users) ps2: I am astonished by the amount of bs, I read on this thread... oh so the guy who mined future blocks and made thousands of xmg will just keep his coins then. duh...no problem with that, right? let's just pretend it never happened. I am also astonished by the amount of bs I read here sometimes. |
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My9bot
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December 29, 2017, 07:09:53 PM |
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so all the coins transferred after the hacked blocks will be reversed, correct?
That's what a hard fork does?
yeah and all the people who sold at the peak will get their coins back and will keep the btc as well... duh... ps: if this happens, xmg will probably get delisted considering bittrex would have to reimburse (or screw their users) ps2: I am astonished by the amount of bs, I read on this thread... oh so the guy who mined future blocks and made thousands of xmg will just keep his coins then. duh...no problem with that, right? let's just pretend it never happened. I am also astonished by the amount of bs I read here sometimes. feel free to fork the project and go another way |
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