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

[Erkallys]

As for the future of magicoin? That's hard to tell. I'm just coming back around to the coin, so I'm assuming the Vitalik_Pedik thing is over with. Can someone give me the tl;dr?

Since the problem you mentioned nothing new happened with Magi.
I guess, most people will say, it's a dead coin now.
But many people are still mining and staking and Joe told me recently to go on with this project.

What makes a coin is not its development, but rather its community, and I do believe that we have a strong one here!

[The Frisian]

Update cryptopia holders:

https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-25-October-2019/

[cbb67]

Hello all, I mined some Magi a year or so ago when I first got involved with crypto...got side tracked to other coins...am now slowing down and revisiting my roots...how do I restore the wallet from my original mnemonic seed? TIA

[The Frisian]

Hello all, I mined some Magi a year or so ago when I first got involved with crypto...got side tracked to other coins...am now slowing down and revisiting my roots...how do I restore the wallet from my original mnemonic seed? TIA

You can find your wallet.dat in C:\Users\User\AppData\Roaming\Magi.
Please back up your wallet and install newest Magi wallet software.
Place your original wallet.dat in path above.

[OreoLaMinera]

Hi!
Is this coin dead? It seems to have dropped a lot in value: (compared to Jan 2018)
https://cryptoslate.com/coins/magi/

I'm new to this coin (and cryptocurrencies in general), so I don't really know.
I'm currently mining at ~30KH/s (is that good?)

If it is dead, what could be some alternatives to it? (cpu-minable, stakeable, light...)

[bigstinker85]

Hi!
Is this coin dead? It seems to have dropped a lot in value: (compared to Jan 2018)
https://cryptoslate.com/coins/magi/

I'm new to this coin (and cryptocurrencies in general), so I don't really know.
I'm currently mining at ~30KH/s (is that good?)

If it is dead, what could be some alternatives to it? (cpu-minable, stakeable, light...)

 to be honest i am around 20kH/s with just 3 raspberry pies running, its low power consumption so i say you probably losing on the power end. but yea thats like 50 coins a year with average downtime and such.

but this coin is the coin i learned a lot from and making plans to change to other coin just to gamble away on websites playing games and such. but all in all the staking part took me a little time to understand and build up the coin to help stake.

tests i am doing are:
1-put wallet to raspberry pi for 24/7 staking
2-split the 1,000 xmg to stake @600-700 to see if i make more on staking in a week. everybody seems to be doing 1k xmg per stake
3- pray i can get it to run on raspberry pi so i can stake a lot =]

[CjMapope]

Hi!
Is this coin dead? It seems to have dropped a lot in value: (compared to Jan 2018)
https://cryptoslate.com/coins/magi/

I'm new to this coin (and cryptocurrencies in general), so I don't really know.
I'm currently mining at ~30KH/s (is that good?)

If it is dead, what could be some alternatives to it? (cpu-minable, stakeable, light...)

Hey buddy,i wouldn't ever really say Magi is "dead", its just kinda a fringe coin
it tends to have alot of troubles here and there, and has been pretty quiet since Cryptopia had its "situation"
You can still mine and stake it tho, the networks still alive hard to say if there's any good alternatives QUITE like magi, as most get taken over by GPU then FPGA
But magi has a variable reward and interesting algo that makes it generally not worth it. its great haha   

[OreoLaMinera]

I see.
What pools do you recommend?
I have been using MinerClaim, and it seems to be identical to the one you linked. Are there any differences?
Which one should I use?
I don't have a powerful setup (a couple of Raspberry Pis and an old laptop).
Should I look for pools with a lot of people and very good PC's, or something else?
Sorry, I'm new to this.

[The Frisian]

What pools do you recommend?

https://miningpoolstats.stream/magi

[CjMapope]

Any pool is fine really, looks like theres a list linked there ^^^ 

I see.
What pools do you recommend?
I have been using MinerClaim, and it seems to be identical to the one you linked. Are there any differences?
Which one should I use?
I don't have a powerful setup (a couple of Raspberry Pis and an old laptop).
Should I look for pools with a lot of people and very good PC's, or something else?
Sorry, I'm new to this.

your setup sounds fine man, magi is perfect for small cpus like Pis, and when it comes to pools as long as the pool seems to be on the correct chain and actively hitting a block here and there (every few hours at the most)
then its all good, any pool is fine, i use that mhash one i linked but only cause XMG dosent seem to be on suprnova's pools anymore (/cry lol)
i also solo sometimes, its super easy thru the wallet, but the external miners are much more effective if you can hunt them down and set them up

[bigstinker85]

Any pool is fine really, looks like theres a list linked there ^^^ 

I see.
What pools do you recommend?
I have been using MinerClaim, and it seems to be identical to the one you linked. Are there any differences?
Which one should I use?
I don't have a powerful setup (a couple of Raspberry Pis and an old laptop).
Should I look for pools with a lot of people and very good PC's, or something else?
Sorry, I'm new to this.

your setup sounds fine man, magi is perfect for small cpus like Pis, and when it comes to pools as long as the pool seems to be on the correct chain and actively hitting a block here and there (every few hours at the most)
then its all good, any pool is fine, i use that mhash one i linked but only cause XMG dosent seem to be on suprnova's pools anymore (/cry lol)
i also solo sometimes, its super easy thru the wallet, but the external miners are much more effective if you can hunt them down and set them up

what do you mean by external miners?? like is there something powerful for magi??

im using pi to mine turtlecoin as well and its kinda neat that i am using that to buy doge coin =] magi not really tradeable unless on tradesatoshi....... im using magi as learning cure but i been wanting to setup some type of miner for magi becuz it seems really hard to get a 100k hash rate on gaming units. power bill be crazy high hahaah

im thinking of 3d printing a case for a pi cluster and setup a stack of 4 to mine and than just keep adding stacks of 4

POS = NEAT!!!!

[doktor83]

SRBMiner-Multi now supports m7mv2 algorithm!

https://bitcointalk.org/index.php?topic=5190081.0

[streetuff]

cpu-pool's version of cpuminer-opt already supports most of the coins (including M7MV2) without a 0.85% fee... also with source and binarys available for us linux afficionados....

https://github.com/cpu-pool/cpuminer-opt-cpupower/

[DDMZ]

Are there developers coins here?
Please contact with Yobit to turn on XMG coin.
The reason for turning off the coin is not critical !
There was a status a delay. They tried to eliminate the delay but failed.
May be you can help him.

[The Frisian]

Are there developers coins here?
Please contact with Yobit to turn on XMG coin.
The reason for turning off the coin is not critical !
There was a status a delay. They tried to eliminate the delay but failed.
May be you can help him.

A message is sent to Yobit to request a wallet update.
Hopefully they can respond at this time. 

[tazzz013]

Is it even worth mining this coin anymore?   I am in the US and can't find an exchange I trust to sell off what I have, if the is one.  And feels like the Dev is just letting it die.

[gmit]

Is it even worth mining this coin anymore?   I am in the US and can't find an exchange I trust to sell off what I have, if the is one.  And feels like the Dev is just letting it die.

it never was

[The Frisian]

Is it even worth mining this coin anymore?   I am in the US and can't find an exchange I trust to sell off what I have, if the is one.  And feels like the Dev is just letting it die.

it never was

This is so not true.
I mined from the beginning and sold all my coins end of 2017 for one dollar each.
This was extremely profitable.
I'm mining and collecting (buying) Magi for the time being and hodl.

[tazzz013]

Is it even worth mining this coin anymore?   I am in the US and can't find an exchange I trust to sell off what I have, if the is one.  And feels like the Dev is just letting it die.

it never was

This is so not true.
I mined from the beginning and sold all my coins end of 2017 for one dollar each.
This was extremely profitable.
I'm mining and collecting (buying) Magi for the time being and hodl.

Well, you can buy all mine, I'm done. 

[The Frisian]

Well, you can buy all mine, I'm done.  

I'm sorry, I am only trading on exchange (Tradesatoshi) after being robbed by a scammer.

Maybe we should start a discord MAGI channel, to bring a little live back to Magi.

It's not the dev who makes the coin great, it's the community.