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

[juniormose]

What is optimal size of  XMG chunks to stake?
Mine are 220+  currently... must they be bigger/smaller?

To stake with mPoS, it is recommended to keep at most 1000 XMG in one address. If one has more than 1000 XMG in wallet, split the coins into multiple fractions, and send each of them to an address. - source: https://www.m-core.org/resources/mining.html

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[bercraft]

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[The Frisian]

Well,

[eerygarden]

For all those who are solo mining remember one very imlortant thing. Only 5 miners can connect to the wallet at one time, if the 6th one tries to connect it will get a rpc error. This is by default for all wallets.

[bitcoinreviews]

how is staking running at the moment, my wallet is still not up and working(because I'm on holiday), just want to know, because IFFFF it works again, I won't let this opportunity pass me buuuuuy .....  😜

[The Doktor]

For all those who are solo mining remember one very imlortant thing. Only 5 miners can connect to the wallet at one time, if the 6th one tries to connect it will get a rpc error. This is by default for all wallets.

This appears incorrect. I have 9 miners running full time, and 2 more I occasionally use, max 11 total. Never an RPC error.

[starmman]

I bought "some" more XMG at the current low, and started staking with all my coins(no more short term trading). It works pretty good and the gains seem to be more or less constant. And needs MUCH less energy than my mining setup. The gains are lower, BUT if you calculate the energy costs, it's a neat setup (and even more if you think of holding XMG long term).

Two thumbs up for Magi's POS.

The network get consolidated since update and network weight increased, so does the PoS interest.

good to hear - I did notice my last stake being higher than usual

[earl3000]

how is staking running at the moment, my wallet is still not up and working(because I'm on holiday), just want to know, because IFFFF it works again, I won't let this opportunity pass me buuuuuy .....  😜

Hey man I think I wrote that message, but in the telegram Channel two weeks ago. Are you trolling me, or is this a coin-cidence?

[Iame3]

Algorithm of PoS in the wallet is strange. Ok, I transferred coins with many confirmations into another address, it showed expected time to earn reward is 21 hours, then changed to 23 hours, then 1 day, then suddenly one piece finally staked, now again showing expected time to stake is 1 day. At least it began to work now 

[cryptonit]

Algorithm of PoS in the wallet is strange. Ok, I transferred coins with many confirmations into another address, it showed expected time to earn reward is 21 hours, then changed to 23 hours, then 1 day, then suddenly one piece finally staked, now again showing expected time to stake is 1 day. At least it began to work now 

POS have lot luck involved
and the values displayed are time based on statistics based on the actual POS difficulty

just ignore that timer

the more coins u have in good coin pile size the more often u find a block

its that easy

there is no progress bar in staking

every new block choose a random winner

same as in rolette the chance that next one is black is 50% each time
it dont increase just because the last 3 times was red

still statistic show on average black and red are both at ~50%

[earl3000]

Algorithm of PoS in the wallet is strange. Ok, I transferred coins with many confirmations into another address, it showed expected time to earn reward is 21 hours, then changed to 23 hours, then 1 day, then suddenly one piece finally staked, now again showing expected time to stake is 1 day. At least it began to work now 

POS have lot luck involved
and the values displayed are time based on statistics based on the actual POS difficulty

just ignore that timer

the more coins u have in good coin pile size the more often u find a block

its that easy

there is no progress bar in staking

every new block choose a random winner

same as in rolette the chance that next one is black is 50% each time
it dont increase just because the last 3 times was red

still statistic show on average black and red are both at ~50%

More coins = More Chances to get lucky. I staked 14 times in 5 days. 
And I am loving it. I made 50% of how much I mined in the same time. (with 80 KH/s.) 

PoS is the new PoW.

[IncludeBeer]

Not sure what happened, but I came back from vacation and noticed I had stopped staking. My wallet shows a balance of 65.2 but the block explorer shows my real balance (and the balance I was staking with).
https://chainz.cryptoid.info/xmg/address.dws?943uQprgXxp7X316BrqGVvNNqhdrKiTD9r.htm

I already dumped my entire blockchain and re-downloaded it through the wallet. Any ideas why my balance is incorrect and I can't stake?

[joelao95]

Not sure what happened, but I came back from vacation and noticed I had stopped staking. My wallet shows a balance of 65.2 but the block explorer shows my real balance (and the balance I was staking with).
https://chainz.cryptoid.info/xmg/address.dws?943uQprgXxp7X316BrqGVvNNqhdrKiTD9r.htm

I already dumped my entire blockchain and re-downloaded it through the wallet. Any ideas why my balance is incorrect and I can't stake?

You can try these too:

Code:

checkwallet
repairwallet
rescan

[IncludeBeer]

Not sure what happened, but I came back from vacation and noticed I had stopped staking. My wallet shows a balance of 65.2 but the block explorer shows my real balance (and the balance I was staking with).
https://chainz.cryptoid.info/xmg/address.dws?943uQprgXxp7X316BrqGVvNNqhdrKiTD9r.htm

I already dumped my entire blockchain and re-downloaded it through the wallet. Any ideas why my balance is incorrect and I can't stake?

You can try these too:

Code:

checkwallet
repairwallet
rescan

Thanks!

Code:

repairwallet

fixed it for me. I'm happily staking again

[mojun7982]

Either something's still wrong with the coin, or my wallet is acting weird because it appears that this coin is slowly decreasing in value. I remember just a couple days ago this coin was worth $0.34 USD, but now it's worth $0.26 USD. What's going on?

LOL this is a funny comment. You wallet is acting weird because your balance decreases. No, your brain is acting weird because you invested in this. Your wallet can't be blamed. If you take your money and buy an empty wooden worthless box for 800 USD cash, do you then argue that your wallet acted weirdly?

Oh piss off, will you? Who asked for your opinion?

I just told you in other words to take care where you put your money. But it's fine if you don't want advice.

[Iame3]

Any way to start staking after boot, without entering password, windows 10?

[Jeremy450]

Whats going on with the Coin/network?

got 4 invalid staking transaction in 5 days!!?

[tazzz013]

Looking for the link to the current blockchain.  Anyone know?

[InvalidUsername]

Looking for the link to the current blockchain.  Anyone know?

If you mean to download...

https://m-core.org/bin/block-chain/

[tazzz013]

Looking for the link to the current blockchain.  Anyone know?

If you mean to download...

https://m-core.org/bin/block-chain/

yes, thank you