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

[txwooley]

Can anyone tell me why PoS mining says, "Expected time to earn reward 1 hour(s)" for the last 4 hours?  My weight is 142.  This almost seems as fruitless as solo mining.

http://telegra.ph/MAGI-PROOF-OF-STAKE-MINTING-MANUAL-01-09

I saw and read the manual (thanks), but it doesn't explain why/how PoS determines how long it will take for a reward.

On a side note, I restarted my wallet and had a transaction from PoS mining.  Could it be a bug that the transactions do not update to wallet unless wallet restarts?

Meanwhile, time to next reward is 1 hour (as always).

[111magic]

Can anyone tell me why PoS mining says, "Expected time to earn reward 1 hour(s)" for the last 4 hours?  My weight is 142.  This almost seems as fruitless as solo mining.

http://telegra.ph/MAGI-PROOF-OF-STAKE-MINTING-MANUAL-01-09

I saw and read the manual (thanks), but it doesn't explain why/how PoS determines how long it will take for a reward.

On a side note, I restarted my wallet and had a transaction from PoS mining.  Could it be a bug that the transactions do not update to wallet unless wallet restarts?

Meanwhile, time to next reward is 1 hour (as always).

Thats no bug. Thats your staking award. Check the first post here. There is more info about PoS

[txwooley]

I get that this is the staking reward.  What I don't get is that it doesn't show up until/unless I restart my wallet.  Meanwhile staking always shows "Expected time to earn rewards is 1 hour(s)."

[111magic]

I get that this is the staking reward.  What I don't get is that it doesn't show up until/unless I restart my wallet.  Meanwhile staking always shows "Expected time to earn rewards is 1 hour(s)."

In the past i received staking awards with wallet open.

[txwooley]

OK.  Perhaps I should just be more patient.  I still don't understand why it has continually said next reward in 1 hour for the last 5 hours without posting a reward though.

[txwooley]

And now I have restarted my wallet one to many times.  I went from a weight of 168 to not enough weight to stake.  Aargh!!

[111magic]

And now I have restarted my wallet one to many times.  I went from a weight of 168 to not enough weight to stake.  Aargh!!

🙈 patience amigo!

[txwooley]

🙈 patience amigo!
[/quote]

Never was one of my virtues.

[txwooley]

Almost 3 hours and still not enough weight just because my wallet was off-line for <1 minute.  This is crazy.

[ibgeek]

Today 72 XMG mined, that's all time low.

https://chainz.cryptoid.info/xmg/#!overview

I hope no one has to pay for electricity, otherwise you lost your money today.

All of my computers are running 24/7 doing other house hold tasks anyway while they mine so I didn't lose anything.   
Kind of stupid to run a computer only for mining this type of currency.    If that's what you are doing, you get what you deserve.

[HeftyMagi]

Almost 3 hours and still not enough weight just because my wallet was off-line for <1 minute.  This is crazy.

just leave it open and forget about it, every day you will get more and more until your coins get old than send coins to yourself and wait again

[111magic]

https://www.cryptopia.co.nz/Register

Cryptopia opened the option to register there again!!!!

[finlaydag33k]

question slipping through:
any way to see if my magid client (not the qt!) is staking?
i have set the `-posii` flag, but I don't see anything about the staking happening...
can't find any way to see wether it's staking and what my weight it :\

Anybody who could answer this question?
All I can find is WITH the Qt, not with JUST the magid (I'm running my magid on a CLI so the GUI is no option)

[edward0181]

https://www.cryptopia.co.nz/Register

Cryptopia opened the option to register there again!!!!

But wallet still in maintenance.
(As is YOBIT for past 4 months :-( )

[svedex]

at this moment, xmg is really useless to mine....3 cpu i7 @ 140khs and i'll get 0.15 per day....

[edward0181]

at this moment, xmg is really useless to mine....3 cpu i7 @ 140khs and i'll get 0.15 per day....

Then better save electricity and buy coins on market, and mine again when blockrewards are better.

[jonathin.r]

Magi(XMG) Address Error!

Unable to generate address for XMG, Reason: 3/1/2018 Wallet upgraded. Waiting on devs to request it removed from maintenance (Hard fork @ block #1606950) More Info: https://bitcointalk.org/index.php?topic=735170.msg27192013#msg27192013
If problems persist please contact Cryptopia Support.

I'm not entirely sure what this means, but I can't use Cryptopia...

[111magic]

Magi(XMG) Address Error!

Unable to generate address for XMG, Reason: 3/1/2018 Wallet upgraded. Waiting on devs to request it removed from maintenance (Hard fork @ block #1606950) More Info: https://bitcointalk.org/index.php?topic=735170.msg27192013#msg27192013
If problems persist please contact Cryptopia Support.

I'm not entirely sure what this means, but I can't use Cryptopia...

Cryptopia needs to update latest wallet version first. Afyer that it will be good!

[jonathin.r]

http://telegra.ph/MAGI-PROOF-OF-STAKE-MINTING-MANUAL-01-09

I have created a modified version of the quoted guide available for anyone to download (and print, if that's your thing). It removes some of the awkward wording, and elaborates a little more on some steps.

It's a PDF file, so it should open with no trouble. Message me if you have any troubles.
https://drive.google.com/open?id=12agl_22xboquhSRp0RPEPaC8o87c3Hdv

[111magic]

http://telegra.ph/MAGI-PROOF-OF-STAKE-MINTING-MANUAL-01-09

I have created a modified version of the quoted guide available for anyone to download (and print, if that's your thing). It removes some of the awkward wording, and elaborates a little more on some steps.

It's a PDF file, so it should open with no trouble. Message me if you have any troubles.
https://drive.google.com/open?id=12agl_22xboquhSRp0RPEPaC8o87c3Hdv

Great well done! Thanks