joelao95
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Activity: 1190
Merit: 1009
Coin of the Magi!
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October 01, 2014, 07:26:01 PM |
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We current have 51 participants; need more registration.
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aprot
Member
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Activity: 61
Merit: 10
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October 01, 2014, 07:47:26 PM |
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We current have 51 participants; need more registration.
I signed up - how can I check if I participate? Is or will be such a list? |
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joelao95
Legendary
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Activity: 1190
Merit: 1009
Coin of the Magi!
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October 01, 2014, 08:33:36 PM |
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We current have 51 participants; need more registration.
I signed up - how can I check if I participate? Is or will be such a list? I will make a list. |
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jawitech
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October 01, 2014, 10:33:48 PM |
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How many XMG I will be able to get daily mining with droplet (digital ocean) ?
Not sure (do need some data on this); anyway you can get two free vps. 1 CPU droplet about 10 khash/s Yes, I'm getting 10-11 kh/s per droplet Are you using the 5$ VPS ? Yes, exactly. Thanks to Joe for helping a linux newbie to set it up. I hope you already have me on your list with my 25-30 kh/s ^^ |
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cakir
Legendary
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Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
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October 01, 2014, 11:07:37 PM |
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I'm both mining and buying xmg, I filled out the form, Thanks!
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`+███████#,
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joelao95
Legendary
Offline
Activity: 1190
Merit: 1009
Coin of the Magi!
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October 02, 2014, 12:35:28 AM |
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I'm both mining and buying xmg, I filled out the form, Thanks!
Strong supports here, thanks! |
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Karn
Sr. Member
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Activity: 434
Merit: 250
"The mass of men lead lives of quiet desperation."
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October 02, 2014, 12:44:10 AM |
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I'm getting around a 45-50Khs average with free VPS and i5-3570k(2 cores stock). Does that sound about right?
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“But it's a poor fellow who can't take his pleasure without asking other people's permission.” ― Hermann Hesse, Steppenwolf
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joelao95
Legendary
Offline
Activity: 1190
Merit: 1009
Coin of the Magi!
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October 02, 2014, 01:25:59 AM |
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I'm getting around a 45-50Khs average with free VPS and i5-3570k(2 cores stock). Does that sound about right?
i5-3570k seems not worth (20kh/s?), up to you. did you fill out the google forum to sign up? |
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Karn
Sr. Member
Offline
Activity: 434
Merit: 250
"The mass of men lead lives of quiet desperation."
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October 02, 2014, 01:30:58 AM |
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I'm getting around a 45-50Khs average with free VPS and i5-3570k(2 cores stock). Does that sound about right?
i5-3570k seems not worth (20kh/s?), up to you. did you fill out the google forum to sign up? yes I signed up |
“But it's a poor fellow who can't take his pleasure without asking other people's permission.” ― Hermann Hesse, Steppenwolf
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nrg_wolf
Legendary
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Activity: 882
Merit: 1000
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October 02, 2014, 03:30:41 AM |
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all singed up.
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SamWalters
Full Member
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Activity: 238
Merit: 100
Sam Mother Fuckin' Walters
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October 02, 2014, 03:36:14 AM |
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Bump for awareness of more regular miners  |
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joelao95
Legendary
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Activity: 1190
Merit: 1009
Coin of the Magi!
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October 02, 2014, 05:05:27 AM |
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I posted the following in our ANN thread, but I think it should get attention at here too. The big miners will try to come because they know the benefits this new algo brings to the table. We can try to a little different concept...
This is just my suggestion... what about lowering the block payouts when higher hash comes, then go back to normal when it levels out? Because the potential of the big miners dumping is more than likely.. so even if the regular miners are getting essentially less XMG until those miners leave, it is keeping the price point stable enough and attracting the interest of the long term growth of magi. So.. it wouldn't be hurting the overall ROI as they would be if they were allowed to continue...
So I agree, restricting hash rate or blocking payout after 'X' amount of hashrate or another method, is very logical in its success.
Just my thought. I don't see it as a big problem, but it can be once more people find out about magi !
Any ideas guys?
It might be worth to get a heavier sharpness in cutting off rewards when big miners come to the network. However, the reason of big miners staying in pools could be because of the fluctuation of net hashrate. The fluctuation causes the average block reward higher than the minimum, that seems still attractive to big miners. (general miners will be happy, but remember big miners will be more happy with that).
According to the diff vs time graph, the lowest diff is around 2, corresponding to block reward of ~200 XMG. diff = 2 means hashrate is a little bit less than 50 MH/s. Notice that the block reward will remain to be 5 XMG if hashrate > 55 MH/s. That being said, if we add 10 MH/s into the network, what gonna happen? The minimum net hashrate will be 60 MH/s, block reward will be at 5 XMG; surely this is a bad news to general miners, but will be rather worse to big miners (I assume they do care about the earnings, not something like unbelievable crazy guys).
So that's why we need the PoM campaign! All, please contribute the hashrate as much as possible, and sign up the campaign. |
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jadra
Newbie
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Activity: 32
Merit: 0
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October 02, 2014, 05:38:51 AM |
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Been mining about a week now on one of my servers and signed up @ ~60kh!
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m3adow
Newbie
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Activity: 1
Merit: 0
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October 02, 2014, 06:16:29 AM |
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Signed up with ~70kH/s. I've got an idle VM anyways.
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2cV5S3zAuz
Newbie
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Activity: 37
Merit: 0
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October 02, 2014, 10:59:16 AM |
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signed..
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Spexx
Sr. Member
Offline
Activity: 350
Merit: 250
Mining Co-operative
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October 02, 2014, 12:00:19 PM |
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So you are artificially limiting the hashrate, effectively creating a central authority? Why is this good?
There is no hard limiting applied to the hash rate and that is not something that I would like to see. The block reward system encourages voluntary hash rate limiting, particularly for those miners with a lot of processing power at their command. |
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Mirkic7
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October 02, 2014, 12:02:32 PM |
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signed too  |
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velkyprachy
Newbie
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Activity: 21
Merit: 0
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October 02, 2014, 01:18:11 PM |
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Signed
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Digithusiast
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October 02, 2014, 01:45:01 PM |
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Joined the proof of mining campaign.
AMD FX8350 running 6 cores gives approx 78 kh/s with the miner cpuminer_win64_magi_byMarcusDe-bdver2-0922
How you like your 8350? You can squeak 100Kh/s out of that bad boy. really? what miner gives that results? I don't wanna run 8 but max 6 cores. |
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joelao95
Legendary
Offline
Activity: 1190
Merit: 1009
Coin of the Magi!
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October 02, 2014, 02:45:19 PM |
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Joined the proof of mining campaign.
AMD FX8350 running 6 cores gives approx 78 kh/s with the miner cpuminer_win64_magi_byMarcusDe-bdver2-0922
How you like your 8350? You can squeak 100Kh/s out of that bad boy. really? what miner gives that results? I don't wanna run 8 but max 6 cores. Atomicat, we need an instruction here. I have AMD 8350 too getting 90 Kh/s in my Xubuntu system (8 cores). |
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