Derko
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January 22, 2018, 08:29:26 AM |
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is CPU mining a waste of time and money??? why it's so expensive to mine? the price make no sence!
Yes, if you try it at home like me! Asking why? After almost 2 days with 60% CPU load I managed to collect 0.10599266 Coins on 4 computers (1x Intel i3, 2x Intel i5 and 1x E8400). So, 30 days (1 month) x 0.10599266 = 3.1797798 (Coins per month) x $0.9858 (XMG USD price) = USD $3.13462692684 And now you loose money on the power consumption and it's not worth it. Just my humble opinion! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Run your miners on computers with already payed utility bill (like your office computers). If you want to make money will need more computers with "free" power.
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btesla
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January 22, 2018, 09:07:15 AM |
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is CPU mining a waste of time and money??? why it's so expensive to mine? the price make no sence!
Yes, if you try it at home like me! Asking why? After almost 2 days with 60% CPU load I managed to collect 0.10599266 Coins on 4 computers (1x Intel i3, 2x Intel i5 and 1x E8400). So, 30 days (1 month) x 0.10599266 = 3.1797798 (Coins per month) x $0.9858 (XMG USD price) = USD $3.13462692684 And now you loose money on the power consumption and it's not worth it. Just my humble opinion! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Run your miners on computers with already payed utility bill (like your office computers). If you want to make money will need more computers with "free" power. Yeah, in the worst case I will buy 10 XMGs and wait! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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111magic
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January 22, 2018, 10:02:06 AM |
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Magi XMG unique M7M-V2 digital currency is added on TradeSatoshi Exchange! Magi XMG Wallets are up to date. Register & market is open! https://t.co/HRvDwTgC7O🌟🌟🌟🌟🌟 Enjoy trading!
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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jbshaps466
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January 22, 2018, 01:27:11 PM |
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I have noticed XMG dropping in the market recently...below 1USD per coin. Is this good or bad? Seems to me it will drive the whales away.
Shaps
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lyapres
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January 22, 2018, 01:35:31 PM |
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found it amazing and goodluck to this project and wishing it all the best and it may have a big success in the future. goodluck dev/team.
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Advisor
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January 22, 2018, 06:21:45 PM |
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Magi XMG unique M7M-V2 digital currency is added on TradeSatoshi Exchange! Magi XMG Wallets are up to date. Register & market is open! https:/[Suspicious link removed]/HRvDwTgC7O 🌟🌟🌟🌟🌟
Enjoy trading!
New exchange for xmg! Well done thats good news! Noticed a lot of new guides & video's, xmg is on the right track! Keep it going
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The Frisian
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Activity: 1019
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Senior Developer and founder of ViMeAv ICT
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January 22, 2018, 09:03:16 PM |
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Magi XMG unique M7M-V2 digital currency is added on TradeSatoshi Exchange! Magi XMG Wallets are up to date. Register & market is open! https:/[Suspicious link removed]/HRvDwTgC7O 🌟🌟🌟🌟🌟
Enjoy trading!
New exchange for xmg! Well done thats good news! Noticed a lot of new guides & video's, xmg is on the right track! Keep it going Does anyone succeed in registration at this exchange? I can fill in all fields, but never get a confirmation mail. I tried many different mail addresses.
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btesla
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January 22, 2018, 09:07:30 PM |
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Magi XMG unique M7M-V2 digital currency is added on TradeSatoshi Exchange! Magi XMG Wallets are up to date. Register & market is open! https:/[Suspicious link removed]/HRvDwTgC7O 🌟🌟🌟🌟🌟
Enjoy trading!
New exchange for xmg! Well done thats good news! Noticed a lot of new guides & video's, xmg is on the right track! Keep it going Does anyone succeed in registration at this exchange? I can fill in all fields, but never get a confirmation mail. I tried many different mail addresses. Yes, I did today, all went fine, about 10 hours ago!
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btesla
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January 22, 2018, 10:09:52 PM |
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I have about 4-5pcs of Pi's here, can you please explain me better the "network weight" meaning? Thank you! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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mac1873
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January 22, 2018, 10:39:17 PM |
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how to mine this coin once its started? please tell me.
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Verta Solutions
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January 23, 2018, 01:06:29 AM |
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We opened our own pool with just 1% fee, which is from our understanding very low. We are not aiming to get rich while sleeping, only so it can partly pay for the bandwidth etc. Hence the low fee. You can join us at http://xmg.hashtech.nl we have a strict "no-whales-allowed" policy. Amount of KHs is subject to debate, but we will suspend any big hashers as we want go give everyone a chance to join into XMG. Cheers!
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starmman
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January 23, 2018, 07:02:34 AM |
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Wohoo! Thanks for the update - I was missing Cryptopia... All we need now is Yobit to respond - still no news from my side.
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shroomzcoin
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January 23, 2018, 08:05:49 AM |
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I have about 4-5pcs of Pi's here, can you please explain me better the "network weight" meaning? Thank you! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The magi network has its own custom reward structure, basically the more people that mine it the less rewards are given per block, before Christmas the total network hash rate was between 10-30mh/s and each block was rewarding between 50-100 magi coin, then after Christmas when they performed the fork the amount of miners has increased and now the network hash rate sits around 100mh/s and each block is rewarding less than 1 per block. Now if you consider some of the big miners on the network are mining with 10,000kh/s+ the share you will get from even 10 pi's giving you 120kh/s will be next to nothing so little in fact with my 8 pi's and pc making 200kh/s and was only getting around 0.0001 per block, it used to be really good to mine with pi but not anymore, there are still a few profitable coins out there you can switch to on the pi's but you will have to do quite a bit of searching to find compatible miners and guides, i have 5 separate algorithms that i can mine on my pi's, i have them mining something else for the minute and hopefully if the network reduces and you get decent rewards again i will switch them back to magi.
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AngryWhiteWolf
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January 23, 2018, 09:33:34 AM |
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If you don't have a real high hashrate, now is not the time to mine Magi - which is my case. But, you can still make some good money by trading ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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111magic
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January 23, 2018, 10:04:36 AM |
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Wohoo! Thanks for the update - I was missing Cryptopia... All we need now is Yobit to respond - still no news from my side. Hope they will update asap. All send in support request for that🙈
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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starmman
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Activity: 1484
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January 23, 2018, 10:29:46 AM |
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I have about 4-5pcs of Pi's here, can you please explain me better the "network weight" meaning? Thank you! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The magi network has its own custom reward structure, basically the more people that mine it the less rewards are given per block, before Christmas the total network hash rate was between 10-30mh/s and each block was rewarding between 50-100 magi coin, then after Christmas when they performed the fork the amount of miners has increased and now the network hash rate sits around 100mh/s and each block is rewarding less than 1 per block. Now if you consider some of the big miners on the network are mining with 10,000kh/s+ the share you will get from even 10 pi's giving you 120kh/s will be next to nothing so little in fact with my 8 pi's and pc making 200kh/s and was only getting around 0.0001 per block, it used to be really good to mine with pi but not anymore, there are still a few profitable coins out there you can switch to on the pi's but you will have to do quite a bit of searching to find compatible miners and guides, i have 5 separate algorithms that i can mine on my pi's, i have them mining something else for the minute and hopefully if the network reduces and you get decent rewards again i will switch them back to magi. I'm sure the hash will drop again - I also stopped mining - I'm making much more XMG in trading =)
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