Bitcoin Forum
June 17, 2025, 09:15:45 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 [1068] 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 ... 1310 »
  Print  
Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 2376560 times)
The Frisian
Legendary
*
Offline Offline

Activity: 1019
Merit: 1003


Senior Developer and founder of ViMeAv ICT


View Profile WWW
December 30, 2017, 12:10:53 AM
 #21341

it was fun.
sold half of my stack and made 0.5 btc now wait for the 2nd wave or wil go low and buy back again.
gr xms
Ditto, sold all yesterday, will buy back next year.
I really like XMG.
fragilefungi
Full Member
***
Offline Offline

Activity: 143
Merit: 100


View Profile
December 30, 2017, 01:09:08 AM
 #21342

I came here to check why staking was only making orphans.  Glad to hear a new wallet version is on its way.  I would like to make a request to make sure that it will be possible to compile the new wallet on ARM64 devices.  I have ordered some new PI devices that have been shipped, and I really want to run the magi wallet on a low power device that I can leave on all the time.  My existing ARM64 device does not have enough space on it to test the new version, but in the past when I tried to build the wallet it failed although I could build wallets for other coins.  If someone could test the new version on a Raspberry PI 3 or similar ARM64 device and post build instructions, it would be greatly appreciated.

XMG tips: 9HTdqWpuJpTx51dpskb6XASXPg2GLkD2jL

Best small coin exchange is cryptopia! Sign up and trade!
joelao95 (OP)
Legendary
*
Offline Offline

Activity: 1190
Merit: 1009


Coin of the Magi!


View Profile
December 30, 2017, 01:43:23 AM
 #21343

I came here to check why staking was only making orphans.  Glad to hear a new wallet version is on its way.  I would like to make a request to make sure that it will be possible to compile the new wallet on ARM64 devices.  I have ordered some new PI devices that have been shipped, and I really want to run the magi wallet on a low power device that I can leave on all the time.  My existing ARM64 device does not have enough space on it to test the new version, but in the past when I tried to build the wallet it failed although I could build wallets for other coins.  If someone could test the new version on a Raspberry PI 3 or similar ARM64 device and post build instructions, it would be greatly appreciated.

Good to see you here again. I came across quite few running PI. We don't have organized documentation on that yet; people in slack would be help if you'd like to check over there: slack.m-core.org


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
AOXCRYPTOS
Jr. Member
*
Offline Offline

Activity: 116
Merit: 1


View Profile WWW
December 30, 2017, 02:20:42 AM
 #21344

It's a good coin. I'm sure it will growing a lot yet.
trader03
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
December 30, 2017, 02:32:12 AM
 #21345

hello friends, I wonder if it is possible to mine xmg from an android quad core phone

I think it would be a good idea to have a version of miners available to install on andoid devices
s0litaire
Member
**
Offline Offline

Activity: 133
Merit: 15


View Profile
December 30, 2017, 02:42:09 AM
 #21346

I came here to check why staking was only making orphans.  Glad to hear a new wallet version is on its way.  I would like to make a request to make sure that it will be possible to compile the new wallet on ARM64 devices.  I have ordered some new PI devices that have been shipped, and I really want to run the magi wallet on a low power device that I can leave on all the time.  My existing ARM64 device does not have enough space on it to test the new version, but in the past when I tried to build the wallet it failed although I could build wallets for other coins.  If someone could test the new version on a Raspberry PI 3 or similar ARM64 device and post build instructions, it would be greatly appreciated.

Currently compiling it for my Pi3 (64bit)
It takes a bit of work and a long wait to get it compiled.
But others have gotten it working.
trader03
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
December 30, 2017, 02:47:48 AM
 #21347

hello friends, I wonder if it is possible to mine xmg from an android quad core phone

I think it would be a good idea to have a version of miners available to install on andoid devices

when mining is back online, you'll be able to use the neoneonminer app to mine xmg on android.

thanks my friend triton
ParaplegicRacehorse
Member
**
Offline Offline

Activity: 79
Merit: 36

HODL. Patience.


View Profile
December 30, 2017, 03:18:43 AM
 #21348

I just grabbed wallet 1.4.4.0. The supplied README states that upgrades from previous versions require that the entire block-chain be deleted before using it. Now, I'm not upgrading from a previous version, so it's not a big deal for me to download the, roughly, 1.3Gb chain; unless I'm going to have to do it again in a few days.

Devs, what's the word? Will I have to abandon any block-chain snapshot I download when the hard fork happens?
joelao95 (OP)
Legendary
*
Offline Offline

Activity: 1190
Merit: 1009


Coin of the Magi!


View Profile
December 30, 2017, 04:20:25 AM
 #21349

I just grabbed wallet 1.4.4.0. The supplied README states that upgrades from previous versions require that the entire block-chain be deleted before using it. Now, I'm not upgrading from a previous version, so it's not a big deal for me to download the, roughly, 1.3Gb chain; unless I'm going to have to do it again in a few days.

Devs, what's the word? Will I have to abandon any block-chain snapshot I download when the hard fork happens?

No, you can use the present chain you had.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
Stratobitz
Legendary
*
Offline Offline

Activity: 1022
Merit: 1010



View Profile
December 30, 2017, 04:31:17 AM
 #21350

Charts indicate that XMG has bottomed and has now started its reversal upwards. Began about 15 min ago.
abraxsis
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
December 30, 2017, 05:04:41 AM
 #21351

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.

So you want them to revert a month's worth of trading??? Sure, thats a great way to get delisted from every major exchange.
sabercrypto
Member
**
Offline Offline

Activity: 181
Merit: 10


View Profile
December 30, 2017, 05:59:48 AM
 #21352

why does the price go down? somebody is dumping
bgm
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
December 30, 2017, 06:05:11 AM
 #21353

why does the price go down? somebody is dumping

Price goes down so I can buy back what I sold lol
bgm
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
December 30, 2017, 06:15:55 AM
 #21354

You never want to miss the trip to the next universe so always keep a few coins on hand just for that.
joelao95 (OP)
Legendary
*
Offline Offline

Activity: 1190
Merit: 1009


Coin of the Magi!


View Profile
December 30, 2017, 06:28:57 AM
Last edit: December 30, 2017, 04:14:25 PM by joelao95
 #21355

m-wallet version v1.4.5.1

Hard fork will take place at block #1606950. See below for the details of hard fork.

Qt-Wallet and Daemon:

https://github.com/magi-project/magi/releases
http://m-core.org/download/
http://m-core.org/bin/m-wallet-1.4.5.1/

Source code: https://github.com/magi-project/magi/

Windows: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-win.zip
Linux: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-linux.tar.gz
Mac OS X: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-osx.dmg
FreeBSD: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-freebsd.tar.gz

Block chain: http://m-core.org/bin/block-chain/

v1.4.5.1
=============
This release schedules a hard fork at block #1606950 as a solution to the current mining issue that miners cannot mine blocks:

- The PoW / PoS block generation rule is disabled.

- Difficulty adjustment algo switches back to MQW at #1606948.

- Block drift time is limited within 5 min.

- Remove IRC and add DNS seeds.

Quick guide:

- Windows: unpack the files and run the wallet directly;
- Mac OS: unpack the files and copy to the Application folder, and then run the wallet directly;
- Linux: unpack the files and run the wallet directly.

Quick startup I (without touching the block-chain):

0) Backup wallet.dat;
1) Launch the new wallet.

Quick startup II (replacing the block-chain):

0) Backup wallet.dat;
1) Download block-chain data from here: http://m-core.org/bin/block-chain;
2) Delete all of the contents under the .magi (unix-like system) or Magi (OS X or Windows) folder, except for wallet.dat and magi.conf;
3) Unzip the file and copy the folders under "m-block-chain" into the .magi (unix-like system) or Magi (OS X or Windows) folder;
4) Launch the new wallet.

Note to v1.4.5.1
---------------------
v1.4.5.1 is compatible with the current block chain.

Things explained..

Firstly, I admit what's going on isn't good to the situation, and I do see there are needs of further works to fulfill the purpose of the coin.

There is no rollback. I learned few requests about actions on the miners who mined (future) blocks that the generic miners can't mine, and for that, rollback is one of the approaches. However, taking into account the overall situation that time to time transactions are involved, especially exchanges, there will be more damage to the coin when we cease the chain or perform a rollback.

As explained shortly in previous post, what happens is associated with the PoW / PoS rule in combination with the fact that 2-hour future blocks allowed as in the original design. I do see in this rule weakness because of the PoW block generation capable of being on a 10-min pattern without the PoS blocks. The another feature of MAGI's network that is intentionally kept at low hash rate comes a likability that one with a reasonable amount hash can launch a future block attack, the chance of this is increased by a fact that generic users can't make valid blocks owing to the PoW / PoS rule; these blocks are supposed to reset the block time.

By overviewing the situation, I see there is a difficulty in maintaining low-hash rate network, as individuals can always acquire big hash rate. In contrast, advantage lies in a network with huge amount of hash that individuals can't compete with. Nevertheless, it's not our intention to compromise the purpose because of the weakness. The PoS is supposed to dilute such weakness; I'm seeing the merit of the PoW / PoS rule when used beautifully. We shall make efforts on this aspect.

Let us know any questions / suggestions.



  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
joelao95 (OP)
Legendary
*
Offline Offline

Activity: 1190
Merit: 1009


Coin of the Magi!


View Profile
December 30, 2017, 06:34:27 AM
 #21356

A side note, good to see unexpected price move; my personal opinion - be smart trading.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
guytechie
Hero Member
*****
Offline Offline

Activity: 677
Merit: 500


View Profile
December 30, 2017, 06:53:24 AM
 #21357

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#msg9991269

If anyone finds any error in what i wrote please feel free to correct me.

Gogo magi!!

Thanks for the link.  If I read this correctly, it's the entire network hashrate, not the pool or the individual.  Also, if I read correctly, the optimal network hashrate is 22 MH/s.

Interesting way to self-regulate.  It sounds like Magi mining is perfect for background mining with only a couple threads.  It's kind of... laid back or chill kind of coin, lol.  I guess you won't make much, but that's intentional.

Put something in my tip jar if I made your day. Smiley
BTC:
1MkmBHDjonAFXui6JEx9ZmEemfMtUo9Cmu
bgm
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
December 30, 2017, 07:06:00 AM
 #21358

"Alright lets do this. Leeeeeeeeeroy Jenkins!" At least I got update. lol
abraxsis
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
December 30, 2017, 07:14:33 AM
 #21359

I just finished transferring my wallet contents to bittrex and set my sell order at ... 22,000 sats in anticipation of a possible new pump. If not I don't lose anything, but at least I am hopeful.
starmman
Legendary
*
Offline Offline

Activity: 1484
Merit: 1029



View Profile
December 30, 2017, 08:24:51 AM
 #21360

I just finished transferring my wallet contents to bittrex and set my sell order at ... 22,000 sats in anticipation of a possible new pump. If not I don't lose anything, but at least I am hopeful.
Good luck =) Would be great to see Magi hit 22k again
Pages: « 1 ... 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 [1068] 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 ... 1310 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!