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

[Jeremy450]

Wallet is down at the exchanges...  

I hope the coin will be stable soon wow...

but price is stable

Maybe the exchanges being in maintenance mode helps to stabilize the price LOL!

This coin has had a lot of struggles I hope this gets sorted out soon...

With Bot-dominated CPU mining, the XMG is the cash cow, even for low-hashing-powered and disadvantaged CPU miners, due to well supported price level (by whom you will know), to make everyone happy, until ?  

Usual overall POW result is not bigger than 500XMG/24H, about 80% of this earned by botnet(s). Another words total botnet(s) income avg 200$/24H, and low-hashing-powered and disadvantaged CPU miners earning crumbs from the table. Where the cash cow grazes here?)

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

[z0n0]

What a mess here...going to take another deep sleep on Magi, hope things will be fine when I wake up 

[jonathin.r]

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

Oh yes, our favourite people... the hashrate whales.
While I still think it's unfair that they funnel pretty much 80-95% of pool rewards directly into their wallets, they probably dropped a lot of money into VPSes or local hardware to get that crazy hashrate. They're probably trying to recoup the costs of doing such a crazy thing.

[The Doktor]

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

Oh yes, our favourite people... the hashrate whales.
While I still think it's unfair that they funnel pretty much 80-95% of pool rewards directly into their wallets, they probably dropped a lot of money into VPSes or local hardware to get that crazy hashrate. They're probably trying to recoup the costs of doing such a crazy thing.

Actually, they are probably either botnets or some with access to a large number of computers, like at a hosting company or large university. No cost to recoup.

[Jeremy450]

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

Oh yes, our favourite people... the hashrate whales.
While I still think it's unfair that they funnel pretty much 80-95% of pool rewards directly into their wallets, they probably dropped a lot of money into VPSes or local hardware to get that crazy hashrate. They're probably trying to recoup the costs of doing such a crazy thing.

Actually, they are probably either botnets or some with access to a large number of computers, like at a hosting company or large university. No cost to recoup.

its a shame theres no way of finding out who it is and if its someone who works at a hosting company telling their employer.

[Vitalik_Pedik]

Wallet is down at the exchanges...  

I hope the coin will be stable soon wow...

but price is stable

Maybe the exchanges being in maintenance mode helps to stabilize the price LOL!

This coin has had a lot of struggles I hope this gets sorted out soon...

With Bot-dominated CPU mining, the XMG is the cash cow, even for low-hashing-powered and disadvantaged CPU miners, due to well supported price level (by whom you will know), to make everyone happy, until ?  

Usual overall POW result is not bigger than 500XMG/24H, about 80% of this earned by botnet(s). Another words total botnet(s) income avg 200$/24H, and low-hashing-powered and disadvantaged CPU miners earning crumbs from the table. Where the cash cow grazes here?)

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

And those 3 idiots earn about 40$ per day MAX each, mining ANY other CPU algo profitable atleast x3 than m7mhash of MAGI.

[djm34]

Wallet is down at the exchanges... 

I hope the coin will be stable soon wow...

but price is stable

Maybe the exchanges being in maintenance mode helps to stabilize the price LOL!

This coin has had a lot of struggles I hope this gets sorted out soon...

With Bot-dominated CPU mining, the XMG is the cash cow, even for low-hashing-powered and disadvantaged CPU miners, due to well supported price level (by whom you will know), to make everyone happy, until ? 

Usual overall POW result is not bigger than 500XMG/24H, about 80% of this earned by botnet(s). Another words total botnet(s) income avg 200$/24H, and low-hashing-powered and disadvantaged CPU miners earning crumbs from the table. Where the cash cow grazes here?)

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

And those 3 idiots earn about 40$ per day MAX each, mining ANY other CPU algo profitable atleast x3 than m7mhash of MAGI.

can you restart your attacks, it was a lot more profitable during those...

[Vitalik_Pedik]

Wallet is down at the exchanges... 

I hope the coin will be stable soon wow...

but price is stable

Maybe the exchanges being in maintenance mode helps to stabilize the price LOL!

This coin has had a lot of struggles I hope this gets sorted out soon...

With Bot-dominated CPU mining, the XMG is the cash cow, even for low-hashing-powered and disadvantaged CPU miners, due to well supported price level (by whom you will know), to make everyone happy, until ? 

Usual overall POW result is not bigger than 500XMG/24H, about 80% of this earned by botnet(s). Another words total botnet(s) income avg 200$/24H, and low-hashing-powered and disadvantaged CPU miners earning crumbs from the table. Where the cash cow grazes here?)

if minerclaim is going. theres almost 50000kh taken by 3 people alone.

And those 3 idiots earn about 40$ per day MAX each, mining ANY other CPU algo profitable atleast x3 than m7mhash of MAGI.

can you restart your attacks, it was a lot more profitable during those...

No I can't. Since chain full centralized, Joe will split it in fight with me. Safety of chain in first place for me.

[jonathin.r]

Speaking of fully-centralized, will people be allowed to run masternodes after the new wallet comes out? The point of a decentralized cryptocurrency is to not be run out of one node. 

[The Doktor]

Speaking of fully-centralized, will people be allowed to run masternodes after the new wallet comes out? The point of a decentralized cryptocurrency is to not be run out of one node. 

I think it's safe to assume so. ATM, Joe is just trying to  hold things together while the fix gets done.

[namphung123]

Wallet is down at the exchanges... 

I hope the coin will be stable soon wow...

m-wallet-1.4.6.1-test.zip   2018-05-06 04:06    37M   
Please check wallet source code, I need to compile the MAGI wallet on my rasberry Pi3+
Thanks

[jonathin.r]

Can anyone from Minerclaim give me a straight answer to why my unconfirmed balance has only been increasing more and more over the course of a week? I'm literally sitting at 0.495189 for my confirmed balance. I would like to cash out already so I can start building my wallet up enough to where I can start staking, and Minerclaim seems to be the only pool that I can mine on sensibly.

[joelao95]

Wallet is down at the exchanges... 

I hope the coin will be stable soon wow...

m-wallet-1.4.6.1-test.zip   2018-05-06 04:06    37M   
Please check wallet source code, I need to compile the MAGI wallet on my rasberry Pi3+
Thanks

Test source code is here: https://github.com/magi-project/magi/tree/1.4.6-test-1

[WaifusAreLove]

Can someone explain me one thing?

How many chains currently exist?

Because the block number in my wallet (the test one) is totally different from the block number from minerclaim, for example. There is going to be a merge or something, or my minted stakes will disappear or the blocks from minerclaim will be wiped?

[joelao95]

This is the first crypto I have ever invested in. I am proud of it but team, please respect the roadmap!!

I took the responsibility, and take people's saying on the situation.

[joelao95]

Can someone explain me one thing?

How many chains currently exist?

Because the block number in my wallet (the test one) is totally different from the block number from minerclaim, for example. There is going to be a merge or something, or my minted stakes will disappear or the blocks from minerclaim will be wiped?

https://chainz.cryptoid.info/xmg/block.dws?1815577.htm

Also here are nodes from us:

104.128.225.215
45.35.251.73

[joelao95]

Launched a testnet if anyone wants to join (v1.4.6.2):

https://m-core.org/bin/m-wallet-1.4.6.2-test/m-wallet-1.4.6.2-test.zip

https://github.com/magi-project/magi/tree/1.4.6-test-1

Nodes:

104.131.121.66
104.131.121.56

10,000 XMG per block in order to test a large amount of PoS staking.

So far test on mainnet is moving.

[Jeremy450]

this is crap over 48 hours of solo mining and got nothing from, no staking and nothing from mining.

might have to switch back to pool mining.

[The Doktor]

this is crap over 48 hours of solo mining and got nothing from, no staking and nothing from mining.

might have to switch back to pool mining.

Daily rewards seem to be way below pre-attack levels. Probably lots of people hoping to mine those high value attack blocks. Give it a month or 2 to settle down. BTW, I'd recommend a pool if you are much under 500Kh. Average earnings should be the same solo or in pool, but will be very sporadic with  low hash.

[Jeremy450]

this is crap over 48 hours of solo mining and got nothing from, no staking and nothing from mining.

might have to switch back to pool mining.

Daily rewards seem to be way below pre-attack levels. Probably lots of people hoping to mine those high value attack blocks. Give it a month or 2 to settle down. BTW, I'd recommend a pool if you are much under 500Kh. Average earnings should be the same solo or in pool, but will be very sporadic with  low hash.

Sent you a pm (message).