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

[realbagdad]

Hello friends, what is the formula or equation to calculate the amount of currency generated in a given time, existing formula?

Or simply someone knows how many Kh / s are needed to generate 1 xmg in 24 hours.

infinitely grateful for any help friends, thank you and happy mining  

it depends on how greedy the network is. right now it's 0 xmg for infinite kh/s

[DobroFenix]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

[abraxsis]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

People refuse to actually read up on the coins they mine, which kills it for everyone. I REALLY wish there was a pool that had safety measure put into place that warned anyone above the speedlimit and then kicked/banned them after further violations. But I guess the pool owners don't care cause they get their cut regardless.

[abraxsis]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

If you are blasting the network you don't get any coins, thats the point.

[Jeremy450]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

the one i mentioned thats on supernova is still doing almost 6000kh

[Jeremy450]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

People refuse to actually read up on the coins they mine, which kills it for everyone. I REALLY wish there was a pool that had safety measure put into place that warned anyone above the speedlimit and then kicked/banned them after further violations. But I guess the pool owners don't care cause they get their cut regardless.

i have seen a couple out there that have a 250-300kh limit and do ban and kick if exceed.

[DobroFenix]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

If you are blasting the network you don't get any coins, thats the point.

Suppose I have more than 9000 coins
I break the production network
I wait when the rate will grow, as extraction in times is complicated
And I sell all my coins at a very high price

[RinceWind84]

yaaay! one confirmed on suprnova :-)

[Jeremy450]

limited
PoM Pool - 250kh
Coinmagi XMG Pool - 300kh

i think theres a few more but they are offline so cant check.

[abraxsis]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

If you are blasting the network you don't get any coins, thats the point.

Suppose I have more than 9000 coins
I break the production network
I wait when the rate will grow, as extraction in times is complicated
And I sell all my coins at a very high price

That is basically what just happened, it's the reason we had a hardfork. Someone exploited the system, and likely sold all the ill-gotten coins at a huge profit when we hit ATHs.

[icedfiend]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

the one i mentioned thats on supernova is still doing almost 6000kh

8.3k in minerclaim, what a rig!

[Jeremy450]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

the one i mentioned thats on supernova is still doing almost 6000kh

8.3k in minerclaim, what a rig!

ppl like that f**k everyone up

they will only get 22 coins in a day.

[trader03]

Hi  
1) Because it takes so long to confirm the blocks, I suppose that is because more active workers are missing in the mining pools.

2) What happens with the orphan blocks, where do they go, do not generate profit? Are they completely lost? What happens with those orphaned blocks?

[Jeremy450]

Only 1 day left don't miss you chance to  get 500 UCASH Currency by registering an account at their website: http://bit.do/get500ucashcurrency
you will need to verify your account by verifying email and phone number
this new currency is very legitimate indeed and sure will go to the moon so get your 500 ASAP as this bounty will end about 1 day from now

if ti was legit it would give more info and show where you can convert coin to cash, etc.

unless i can see it and can prove it so not interested.

[Jeremy450]

Hi  
1) Because it takes so long to confirm the blocks, I suppose that is because more active workers are missing in the mining pools.

2) What happens with the orphan blocks, where do they go, do not generate profit? Are they completely lost? What happens with those orphaned blocks?

they go into a black hole of nothingness and never to be seen again or earned from

[111magic]

m-wallet version v1.4.5.3

v1.4.5.3
=============
Bug fix in difficulty adjustment algo, i.e., "MagiQuantumWave"; the bug manifests as an improper data conversion when carrying out a time-domain average because of the trival time difference between blocks.

Qt-Wallet and Daemon:

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

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

Windows: http://m-core.org/bin/m-wallet-1.4.5.3/m-wallet-1.4.5.3-win.zip
Linux: http://m-core.org/bin/m-wallet-1.4.5.3/m-wallet-1.4.5.3-linux.tar.gz
Mac OS X: http://m-core.org/bin/m-wallet-1.4.5.3/m-wallet-1.4.5.3-osx.zip
FreeBSD: http://m-core.org/bin/m-wallet-1.4.5.3/m-wallet-1.4.5.3-freebsd.tar.gz

Latest Block chain (1603558): http://m-core.org/bin/block-chain/


=============
Regarding this version: we have initial scheduled hard fork here: https://bitcointalk.org/index.php?topic=735170.msg27192013#msg27192013. We passed the fork point but stuck at 1606987; it was found improper data conversion that is used to deal with difficulty adjustment gets zero when handling small number; diff-adjust takes place using average over a time domain. Many blocks emitted between 1606950 - 1606987 causes tiny difference between their block time, that then hits on the bug.

For the people who missed this!

[trader03]

Mmm.
0.3 coins per block
Waiting for when there will be 0.1
Already funny

bots on
xmg.suprnova.cc and xmg.minerclaim.net
broke the system =)

its getting to the point where mining is pointless.

So someone wants to raise his rate and sell all his coins at a high price.

the one i mentioned thats on supernova is still doing almost 6000kh

8.3k in minerclaim, what a rig!

ppl like that f**k everyone up

they will only get 22 coins in a day.

Greetings Jeremy450, a question: How many kh / s are needed to generate 1 xmg in 24 hours?

[deztroyr1]

mining working all good now  minerclaim for the win

[Jeremy450]

the way the network is. A hell of alot.

but i say about 100 - 200kh (when the network isnt being abused)

[ibgeek]

https://pom.m-hash.com isn't doing anything yet.

Last block found: 1696601