Topic: [ANN] [MAGA] Magacoin - Build the Wall! -- NO PREMINE | NO ICO/CROWDFUND - page 4. (Read 17675 times)

Looks like a troll coin. Besides, why is not the OP at least a Member or Full member rank. It has became a trend recently that newbies and Junior members are announcing their new coins/tokens and asking for money through ICO. Surprisingly, so many people participates in them as a result of FOMO.

AS MUCH AS POSSIBLE!! 

Thank you to whoever sent the 50 

How much do you need? I mined a good amount and can send some over

Looks like someone already sent you 50 MAGA

https://brickwall.info/address/AbvRkuQzaZJm6A11PpiXs2LNEX8VymAZ9P

Hi, I have created a block brick explorer

https://brickwall.info/

I forked iquidus's explorer, and had to rename blocks to bricks to get it working. Hope you all like it.

Edit: I also disabled the market data because I didn't see this listed anywhere. When is this going to get listed?

Hi, have just made a wallet. Pls send free coins AbvRkuQzaZJm6A11PpiXs2LNEX8VymAZ9P 

If I have some coins I will be motivated to shill this coin on Twitter

how's the brickexplorer coming along?

Thanks!

As far as supporting the community and the coin, anything you want to. I have no agenda, other than doing my own part which is continuing development of the coin.

Thanks schyter!

I have added a link to your post in the OP.


MAGA

.
Please Let me know if you want to be Admin.
when you join, my username is maga_300k_holder

  https://join.slack.com/t/magacoin/shared_invite/MjE2MDQ0MTk1NjcxLTE1MDA0ODU3NDctZWVkNGIxNWUwYw 

remove the www.   it messes it up

www.magacoin.slack.com

I leave that entirely up to the community to drive and coordinate.

There will be no bounty campaigns, I have expressed my thoughts on that in earlier posts of mine. This is entirely an open community project, everyone is free to contribute.


MAGA

Hi,

Will there be any bounty campaigns, like twitter one's for example?
Looking forward to see twitter campaigns

So far, I like all the decisions you have made.

Keep at it!

Any plans on a discord or slack?

Thanks for the support!

The ramp up in difficulty was going to happen at some point. While I initially developed the concept of brickwall technology as a humorous aspect of Magacoin, I quickly realized that the resultant incompatibility with existing miners and pools would allow for a better distribution of coinbase rewards immediately after the launch. The idea was that early adopters like you could mine with ordinary CPUs after the launch, and, by the time somebody wrote brickwall-compatible pools or GPU/ASIC solo miners, there would be enough awareness of the project to prevent a single person or two with an ASIC from dominating the mining of MAGA (especially during the early, low-difficulty days). Judging from some of the earlier posts in this thread, it was certainly effective.

The reason I decided on scrypt is its status as a well-tested algorithm in the cryptocurrency field. Perhaps a different algorithm could have afforded more time, but GPU farms and ultimately ASICs would have entered the game eventually. I didn't want to jeopardize this coin with a newer algorithm that hasn't been tested thoroughly, and ASIC resistance was never a long-term goal. A good quote from Andrew Poelstra's ASICs and Decentralization FAQ: "ASIC resistance typically involves increasing algorithmic complexity to discourage ASIC developers. However, ASIC's are still inevitable; all ASIC resistance does is increase the startup capital required and therefore increase centralization of manufacturing."

https://download.wpsoftware.net/bitcoin/asic-faq.pdf


MAGA

yes. use the pool.

is there a way to gpu mine this yet?

You are building the wall from mining proceeds?

It can take a little bit for the hashrate to update on the site, it calculates it based on shares submitted  and difficulty so it should report the correct speed after a little while.



CPU mining is going to be rather slow earning, your address should appear on the pool once you have a few shares submitted and accepted by the pool. The reason you are seeing so many work restarts is because a new block is being found on the network which means the old work your computer was doing is no longer valid. It sends the new set of work for the new block causing the mining program to restart using the new set of work. So no need to worry about it, you will see it often while CPU mining since the hashrate for CPUs is so low compared to GPU/ASIC miners.

Problem

me windows 10 (64)

• downloaded that 0.13.3 wallet
  had me some magas from spender on 4chan
  downloaded that 2.0 miner
  .../roaming/ no conf or bat files, so build them like trump build the wall
  filled conf file as told
  filled bat as told but with that pool boy "minerd.exe -o stratum+tcp://pool.onepool.online:5000 -u AMFmaQYGr4Wgdivvq9E5Uj3991eCxXnmcr -p x"
  deported that bat into cmd
  cpu starts to hash

http://imgur.com/a/Dosax
check pls, dont know if this frequent restart requests are normal

forgot to mention. i am still not mentioned in the pool on the website. i hope this no scam

Nice website! I like, I like.

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Woo boy.

Day 1 mining this I was getting 250 every 2 hours.

Now I'm on the pool because of the ramp up in diff, and I get 3 every 6 hours!

Nice! I'm happy the coin is being picked up, even though I get less.

This is healthy guys.

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Join the pool if you want some of these!
Solo mine is impossible unless you have hundreds of computers.