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

[Iame3]

I will explain when win own lazy)

when win own lazy?  I dont understand you response.

It is probably special pedik's language https://www.urbandictionary.com/define.php?term=Pedik

Situation with mining last several months is not good, but I do not panic. I can keep mining with Orange Pi PC (which is using several watts and doing ~4kh/s, luckily it is possible to mine XMG with this poor hardware) just to support network with no profit, well, to be honest sometimes I'm also mining XMG with some other CPUs, max I can push my hashrate to ~100kh/s. Besides I'm staking ~320 XMG, I don't see any problems with +-pure PoS with random addition of several PoW coins and hordes of orphans. Just my two cents. But I agree, that situation is not perfect and it can be better.

[1714826250]

1714826250

[1714826250]

1714826250

[Vitalik_Pedik]

Graphic explanation of reason why all POW miners must jump in a frenzy and pray with love when see starting orphan block period:

https://i.imgur.com/IgaNZWP.png

If you not understand it, nothing will help to you)

And about devaluation
I am add 0.06% avg to moneysupply every day. It is not so much in fact that soon dev will fix it.

[Vitalik_Pedik]

It is probably special pedik's language https://www.urbandictionary.com/define.php?term=Pedik

My nickname is about this pedik:
https://en.wikipedia.org/wiki/Vitalik_Buterin
https://upload.wikimedia.org/wikipedia/commons/thumb/a/af/VitalikButerinProfile.jpg/250px-VitalikButerinProfile.jpg
It was first what appear in brain when I register account on bitcointalk)

[tazzz013]

Graphic explanation of reason why all POW miners must jump in a frenzy and pray with love when see starting orphan block period:

https://i.imgur.com/IgaNZWP.png

If you not understand it, nothing will help to you)

And about devaluation
I am add 0.06% avg to moneysupply every day. It is not so much in fact that soon dev will fix it.

\\

Sorry, i don't have the knowledge that you do.  But no, I don't understated your explanation. 

[Vitalik_Pedik]

Automated Maintenance on bittrex - my fault. Sorry, will try not to do this in future.

[davey81]

true since max kh/s is only 60 and i have no idea how to make a cpu rig just for it and the only way i see to do that is a huge raspberry pi cluster. And thank you for replying.

A Cluster of Raspberry pi's should give you a reasonable hashrate. Depending how many you have in your cluster. but depending how much you pay for a pi. Here by the time i buy 4 pi's here in Australia i can do a cheap computer with a reasonable cpu and get more then a cluster can.

give you an idea i have a AM4 AMD A8-9600 (Quad Core) (APU) using 3 threads at 100% i get 40 - 65khs from it (not overclocked) if i used 4 threads i would get 55 - 70khs max
I have another AMD AM4 Ryzen 5 1500x (4 core) using all 8 threads at 100% i get 80 - 140khs from it (overclocked too)
I have another AMD AM4 Ryzen 7 1700 (6 core) using all 12 threads at 100% i get 115 - 180khs from it (not overclocked)
both are not over clocked either

thats cool i got a am+3 fx 6300 6 core, thank you for the info. what type of miner are you using im using m-cpuminer-qt and only get 8 threads max

[Jeremy450]

true since max kh/s is only 60 and i have no idea how to make a cpu rig just for it and the only way i see to do that is a huge raspberry pi cluster. And thank you for replying.

A Cluster of Raspberry pi's should give you a reasonable hashrate. Depending how many you have in your cluster. but depending how much you pay for a pi. Here by the time i buy 4 pi's here in Australia i can do a cheap computer with a reasonable cpu and get more then a cluster can.

give you an idea i have a AM4 AMD A8-9600 (Quad Core) (APU) using 3 threads at 100% i get 40 - 65khs from it (not overclocked) if i used 4 threads i would get 55 - 70khs max
I have another AMD AM4 Ryzen 5 1500x (4 core) using all 8 threads at 100% i get 80 - 140khs from it (overclocked too)
I have another AMD AM4 Ryzen 7 1700 (6 core) using all 12 threads at 100% i get 115 - 180khs from it (not overclocked)
both are not over clocked either

thats cool i got a am+3 fx 6300 6 core, thank you for the info. what type of miner are you using im using m-cpuminer-qt and only get 8 threads max

Thats a good one thats a little higher then the one i have. Mine is a fx 6100 6core. i try to use to use m-minerd (Commandline version) as much as i can for the ease of automation for cold starts/reboots. i got it running on a 21 core VPS i run for my business. and got it using 16 threads. if you need help with the batch file let me know.
http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-64-win.zip
http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-32-win.zip

i've only used sweetspot once
http://www.coinmagi.org/files/m-cpuminer/NeedIfFindIt-Sweet-Spot/

with my 6100 i get 40 - 65khs, its alittle overclocked but not by much.

as the fx series doesnt use multiple threads per core you'll best be able to use use 6 threads.
if your unsure go to task manager and click on more details if using windows 10
then go to performance. and then right click on the cpu graph on the right and go to change graphs and select logical processes
this will tell you how many threads your cpu has and thats the best max you can use. if you go over that amount you will reduce your hashrate.
going 1 thread lower sometimes gives you better results. it will all depends on heatsink and its heat dissipation.

[davey81]

true since max kh/s is only 60 and i have no idea how to make a cpu rig just for it and the only way i see to do that is a huge raspberry pi cluster. And thank you for replying.

A Cluster of Raspberry pi's should give you a reasonable hashrate. Depending how many you have in your cluster. but depending how much you pay for a pi. Here by the time i buy 4 pi's here in Australia i can do a cheap computer with a reasonable cpu and get more then a cluster can.

give you an idea i have a AM4 AMD A8-9600 (Quad Core) (APU) using 3 threads at 100% i get 40 - 65khs from it (not overclocked) if i used 4 threads i would get 55 - 70khs max
I have another AMD AM4 Ryzen 5 1500x (4 core) using all 8 threads at 100% i get 80 - 140khs from it (overclocked too)
I have another AMD AM4 Ryzen 7 1700 (6 core) using all 12 threads at 100% i get 115 - 180khs from it (not overclocked)
both are not over clocked either

thats cool i got a am+3 fx 6300 6 core, thank you for the info. what type of miner are you using im using m-cpuminer-qt and only get 8 threads max

Thats a good one thats a little higher then the one i have. Mine is a fx 6100 6core. i try to use to use m-minerd (Commandline version) as much as i can for the ease of automation for cold starts/reboots. i got it running on a 21 core VPS i run for my business. and got it using 16 threads. if you need help with the batch file let me know.
http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-64-win.zip
http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-32-win.zip

i've only used sweetspot once
http://www.coinmagi.org/files/m-cpuminer/NeedIfFindIt-Sweet-Spot/

with my 6100 i get 40 - 65khs, its alittle overclocked but not by much.

as the fx series doesnt use multiple threads per core you'll best be able to use use 6 threads.
if your unsure go to task manager and click on more details if using windows 10
then go to performance. and then right click on the cpu graph on the right and go to change graphs and select logical processes
this will tell you how many threads your cpu has and thats the best max you can use. if you go over that amount you will reduce your hashrate.
going 1 thread lower sometimes gives you better results. it will all depends on heatsink and its heat dissipation.

http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-64-win.zip is what im using and i got since i started from 3/20/18 total of 10 magi which is discouraging at the least but if the patch comes ill ask for help for the batch file and thank you

[DatsunPatrol]

Okay, message received. Bad idea, but you want to hear an ever worse one that could possibly work and not require any changes to the current MagiCoin infrastructure?

Hand-approved pool registrations in conjunction with pool-side hashrate limits, where users would need to disclose their estimated hashrate upon registration. That way, if a user goes over their registered hashrate (or if their registered hashrate is exactly the pool limit, then the pool limit), then they will be kicked from the pool. Sure, it adds more work to the pools, but it ensures the fairness of the rest of the miners who are actually following the rules. You could just solo-mine with a botnet, but at least that's less unfair to pool miners because you're not invalidating the blocks of miners who did nothing wrong. You're just lowering the block reward for everyone on the network, which is still unfair.

So I've been a programmer for several years now, I am quite fluent in C, but not so much with C++ for the last couple of weeks, I have been going over the Magi code and the m7m algo in the hope I could suggest some ideas and fixes to the dev, problem is without knowing the exact method the attacker is using, its hard to suggest a fix.  How the attacks are happening, I would expect is being kept very secretive as if this information was to make it into the wild, then many crooks would be jumping onboard and hitting the network hard.

Aside from building wallets and custom miner code, I have been looking at starting a pool.

I'm not sure if I will yet, but if I did I would be enforcing strict hash rate limits, a place to answer queries and complaints from pool members.  Email and or support tickets.  One of my biggest problems with mining pools, has been little to no communication or reply from pool owners.

Another feature that I have thought about, could be a weekly random draw with prizes in XMG.  The prize fund would come from 100% of donations.  All who donate would automatically be in the draw.

I have a wealth of experience with running servers, web applications, including CMS portals, databases, forums, live chat, support ticket systems.

If I do go ahead with this, then I will obtain a paid SSL cert from a trusted CA, a reliable dedicated server, rather than a shared VPS.  Low server latency would be key.

Maybe if I got a lot of interest from sub 150Khps miners who are sick of the whales killing the pool rewards, I could get something started.  If mining could be more rewarding for people with lower hashrates, maybe It could give Magi a small boost in popularity and value.

Just thought I would put this idea out there for opinion. 

I've been thinking about this post and I am still really interested. I know the current state of mining is kind of dominating the forum discussion but I would very much like to join and promote a pool like you suggested. If you want to maybe start a thread on the coinmagi subreddit we could discuss it further.

[stevr59]

true since max kh/s is only 60 and i have no idea how to make a cpu rig just for it and the only way i see to do that is a huge raspberry pi cluster. And thank you for replying.

A Cluster of Raspberry pi's should give you a reasonable hashrate. Depending how many you have in your cluster. but depending how much you pay for a pi. Here by the time i buy 4 pi's here in Australia i can do a cheap computer with a reasonable cpu and get more then a cluster can.

give you an idea i have a AM4 AMD A8-9600 (Quad Core) (APU) using 3 threads at 100% i get 40 - 65khs from it (not overclocked) if i used 4 threads i would get 55 - 70khs max
I have another AMD AM4 Ryzen 5 1500x (4 core) using all 8 threads at 100% i get 80 - 140khs from it (overclocked too)
I have another AMD AM4 Ryzen 7 1700 (6 core) using all 12 threads at 100% i get 115 - 180khs from it (not overclocked)
both are not over clocked either

thats cool i got a am+3 fx 6300 6 core, thank you for the info. what type of miner are you using im using m-cpuminer-qt and only get 8 threads max

Thats a good one thats a little higher then the one i have. Mine is a fx 6100 6core. i try to use to use m-minerd (Commandline version) as much as i can for the ease of automation for cold starts/reboots. i got it running on a 21 core VPS i run for my business. and got it using 16 threads. if you need help with the batch file let me know.
http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-64-win.zip
http://www.coinmagi.org/files/m-cpuminer/m-cpuminer-qt-32-win.zip

i've only used sweetspot once
http://www.coinmagi.org/files/m-cpuminer/NeedIfFindIt-Sweet-Spot/

with my 6100 i get 40 - 65khs, its alittle overclocked but not by much.

as the fx series doesnt use multiple threads per core you'll best be able to use use 6 threads.
if your unsure go to task manager and click on more details if using windows 10
then go to performance. and then right click on the cpu graph on the right and go to change graphs and select logical processes
this will tell you how many threads your cpu has and thats the best max you can use. if you go over that amount you will reduce your hashrate.
going 1 thread lower sometimes gives you better results. it will all depends on heatsink and its heat dissipation.

  i have a old Xeon 8 Core 3.06Ghz wich get me about 50 to 70 khs and 2 raspberry pi one pi hash rate is like 7 the other is 3.29 kh the weird part is one min i am getting 350 khs out of the xeon and then it drop back to 50 or so the pi well some time jumpo up to 50 kh why i dont know not sure if it from the russian guy playing with the net work i have never seen my kh jump up like this before, and my pool shows i made 7 magi coins sicne the hack started but i olny got 2 the rest where orpaned

[Cooper54]

Is the attack still going, or are these orphans part of something else?

[nathan_J]

Okay, message received. Bad idea, but you want to hear an ever worse one that could possibly work and not require any changes to the current MagiCoin infrastructure?

Hand-approved pool registrations in conjunction with pool-side hashrate limits, where users would need to disclose their estimated hashrate upon registration. That way, if a user goes over their registered hashrate (or if their registered hashrate is exactly the pool limit, then the pool limit), then they will be kicked from the pool. Sure, it adds more work to the pools, but it ensures the fairness of the rest of the miners who are actually following the rules. You could just solo-mine with a botnet, but at least that's less unfair to pool miners because you're not invalidating the blocks of miners who did nothing wrong. You're just lowering the block reward for everyone on the network, which is still unfair.

So I've been a programmer for several years now, I am quite fluent in C, but not so much with C++ for the last couple of weeks, I have been going over the Magi code and the m7m algo in the hope I could suggest some ideas and fixes to the dev, problem is without knowing the exact method the attacker is using, its hard to suggest a fix.  How the attacks are happening, I would expect is being kept very secretive as if this information was to make it into the wild, then many crooks would be jumping onboard and hitting the network hard.

Aside from building wallets and custom miner code, I have been looking at starting a pool.

I'm not sure if I will yet, but if I did I would be enforcing strict hash rate limits, a place to answer queries and complaints from pool members.  Email and or support tickets.  One of my biggest problems with mining pools, has been little to no communication or reply from pool owners.

Another feature that I have thought about, could be a weekly random draw with prizes in XMG.  The prize fund would come from 100% of donations.  All who donate would automatically be in the draw.
I have a wealth of experience with running servers, web applications, including CMS portals, databases, forums, live chat, support ticket systems.

If I do go ahead with this, then I will obtain a paid SSL cert from a trusted CA, a reliable dedicated server, rather than a shared VPS.  Low server latency would be key.

Maybe if I got a lot of interest from sub 150Khps miners who are sick of the whales killing the pool rewards, I could get something started.  If mining could be more rewarding for people with lower hashrates, maybe It could give Magi a small boost in popularity and value.

Just thought I would put this idea out there for opinion.  

If you started this, I would join. A pool where hash limits are actually enforced would be quite attractive.
I run several raspberry pi's 24-7, sometimes mine on my win laptop it I'm feeling like it, and have another orange pi coming.
I'm currently mining in the Bullmining pool, which as per my investigation, seems to have fewer whales (just 2 big ones), but they are 1,700 and 1,300Kh/s, and grab most of the blocks. 

[tazzz013]

Is the attack still going, or are these orphans part of something else?

Attack is still ongoing,  and no update from the Dev on a fix.

[Gherindra]

I think the presence of MAGI really makes it easy for everyone to transact and focus on fairness, cost-effectiveness and energy efficiency when issuing coins and maintaining general ledgers and blockchain systems. For that, MAGI must succeed in order not to disappoint the crowd.

[Cooper54]

Outside the attack....When finding blocks in the mining pools, what does that mean for the one who finds the block?

[bogec]

So is the coin abandoned by its own team? This attack is happening for a while now, Bittrex suspended the market as well, so the shit sort of hit the fan.
Anybody has any idea if there is any kind of support left?

[DatsunPatrol]

So is the coin abandoned by its own team? This attack is happening for a while now, Bittrex suspended the market as well, so the shit sort of hit the fan.
Anybody has any idea if there is any kind of support left?

Source on bittrex suspending the market? I don't have an account there but it seems to be actively trading. I have personally divested 100% from the coin aside from my daily mining accumulation. The way I see it the market is not valuing the coin correctly at all given the state of the network. Should be 1000 sats or something IMO.

[InvalidUsername]

And about devaluation
I am add 0.06% avg to moneysupply every day. It is not so much in fact that soon dev will fix it.

You are devaluing the currency far more than 0.06% if your chart is remotely accurate. Devaluation is not money supply alone.

[DatsunPatrol]

And about devaluation
I am add 0.06% avg to moneysupply every day. It is not so much in fact that soon dev will fix it.

You are devaluing the currency far more than 0.06% if your chart is remotely accurate. Devaluation is not money supply alone.

Agree 100% with this. 0.06% DAILY is ridiculous.

[nathan_J]

So, since we haven't heard from the dev's on this yet, I was wondering if there might be a solution that could be implemented without modifying the code base. However, that comes down to what the attack vector is. Does anyone have any info on where the vulnerability is?
 
I read over a portion of this message chain, and I read several mentions of 1) modified/inaccurate timestamps, and 2) control of a large number of nodes.