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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1028. (Read 2375939 times)

full member
Activity: 168
Merit: 100
A10-6800 is 10 - 11 khs per core same as phenoms

t 4  -  40-44khs

with spexx last miner

newbie
Activity: 9
Merit: 0
i have AMD A10, is that fair enough to mine XMG?

No worth of mining with AMD A10.

Sure dude come to this pool https://pow.magipool.info/ you will be in top 15 miners with that cpu. No one is mining XMG for what is worth right now or to earn some quick buck we all mine to support this coin and to have some when this coin grow in future.

yow dude, i've already registered on your pool..but with the speed i have. it just running on 4KHs/s. is that something i missed? or with the AMD A10 just got that speed? can you give me the proper setting for the bat file? (sorry for my bad english)

my setup minerd.exe -o stratum+tcp://stratum.magipool.info:3334 -u username.worker -p pass -t 5,  i'm using Marcus De script

my core spec AMD A10 6800K

I think you should get much better speed with A10, 4kh/s is way too low
try this miner https://www.dropbox.com/s/ydk8z59wwgysh1e/Spexx-Wolf0-V2-generic-Win64-XMGminerd.zip

change to -t 3 (or -t 4 full speed)

thank you bro...my speed 30KHs/s now...i don't know if it was  normal for A10 or not...
May God speed MAGI...lol.. i will do some research
hero member
Activity: 756
Merit: 501
Ooooo let's all have a CUDA miner available to us. That will ensure that we can increase our carbon footprint while mining for bugger-all.

#facepalm

When will people realize that over-mining XMG decreases the block reward? It used to be a minimum value, but now it can be zero.

Answer: Probably never. I have been banging on about it for months.
At what nethashrate will the block reward go to 0?
legendary
Activity: 1274
Merit: 1006
i have AMD A10, is that fair enough to mine XMG?

No worth of mining with AMD A10.

Sure dude come to this pool https://pow.magipool.info/ you will be in top 15 miners with that cpu. No one is mining XMG for what is worth right now or to earn some quick buck we all mine to support this coin and to have some when this coin grow in future.

yow dude, i've already registered on your pool..but with the speed i have. it just running on 4KHs/s. is that something i missed? or with the AMD A10 just got that speed? can you give me the proper setting for the bat file? (sorry for my bad english)

my setup minerd.exe -o stratum+tcp://stratum.magipool.info:3334 -u username.worker -p pass -t 5,  i'm using Marcus De script

my core spec AMD A10 6800K

I think you should get much better speed with A10, 4kh/s is way too low
try this miner https://www.dropbox.com/s/ydk8z59wwgysh1e/Spexx-Wolf0-V2-generic-Win64-XMGminerd.zip

change to -t 3 (or -t 4 full speed)
newbie
Activity: 9
Merit: 0
i have AMD A10, is that fair enough to mine XMG?

No worth of mining with AMD A10.

Sure dude come to this pool https://pow.magipool.info/ you will be in top 15 miners with that cpu. No one is mining XMG for what is worth right now or to earn some quick buck we all mine to support this coin and to have some when this coin grow in future.

yow dude, i've already registered on your pool..but with the speed i have. it just running on 4KHs/s. is that something i missed? or with the AMD A10 just got that speed? can you give me the proper setting for the bat file? (sorry for my bad english)

my setup minerd.exe -o stratum+tcp://stratum.magipool.info:3334 -u username.worker -p pass -t 5,  i'm using Marcus De script

my core spec AMD A10 6800K
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Sadly with new miners and the hashrate up I have not found a block in days major wasted resources so until hashrate drops down I think I be turnign miners off for a few days.

Hashrate climbs and drops all day long, so you would have to monitor network hashrate 24/7. There are a few big miners who appear and disappear several times a day and cause this spikes. You are solo mining?

The current network hashrate is 19.5 MH/s, but it could be 50 MH/s in an hour, for example.

EDIT: And we've again reached 50 MH/s. Thanks djm34 (and some others) for joining...

Yes, the hashrate just fluctuates a lot which is very much because of the wildly varying difficulty. I don't think hashrate will keep rising though it does be high in the past two days; it will be back at some point most likely.

Notice the payout after 25.01.2015 and 24.01.2015 from the following site (the site is really nice):
http://xmg.makejar.com/xmg-per-day/

If you don't want lose opportunity when block reward back to high, finding a pool and investing some hash might be a good option.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!

Also I got several small mined transactions
Net amount: +0.01 XMG
Net amount: +0.001 XMG
Are those from POS?
Did you see these from transaction details? Can you identify them in the transaction histroy?

Also I saw the 5xmg showed in the "Stake" but none of my sub accounts having balance smaller than that. Will that mean if I keep the wallet open, I will get that by POS  later ?
PoS splits coins; it's interesting that only 5XMG in stake?

I checked several transanctions minted ~0.001xmg:
1. *** (100 XMG)      Unknown (0 XMG)
                                      *** (50.01 XMG)
                                      *** (50 XMG)
2. *** (5 XMG)      Unknown (0 XMG)
                                      *** (2.5 XMG)
                                      *** (2.501 XMG)

It looks like POS. But 100XMG only generates 0.01 XMG...

All the minted XMG in the wallet is small around 0.01XMG. Is that normal? Some transaction is for 190xmg and it only minted 0.04XMG...


Yes, I would say that's  normal. The PoS is designed not using hype interest; though that will get more people going for staking, I don't think that's good to go. Provided XMG price is like BTC, that amount of stake is quite normal; though this assumption is far more than a reality, but what's going on is about right in my view.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
As told Magi added on www.whitepuma.net

http://www.whitepuma.net/unidash/index.php?mode=logout&wasuuup=7d2d180c45c41870f36e747816456190

It's easy:

Example:

0) follow @whitepuma_net
1) login with twitter (facebook or Instagram)
2) get Magi walletaddress  Deposit some coins.
3) if you want to tip somebody give this command in tweet:  
@whitepumatipbot give AMOUNT magis to @NAME and if you want a text.

On the website they call Magi not XMG but magis.
I asked them to change that so people don't get confused!

Try it! Its really funny to do!

Nice done, mate, now figure out how to use finally.   Cheesy
legendary
Activity: 1750
Merit: 1005
Wow big paycoin dump.
Always said invest only in trusted coins.
Don't think you buy coins today and gain a lot of money tomorrow. Fair coins like Magi will raise step by step. New investors, new developments, active community and dev will achieve more.

full member
Activity: 196
Merit: 100
Sadly with new miners and the hashrate up I have not found a block in days major wasted resources so until hashrate drops down I think I be turnign miners off for a few days.

Hashrate climbs and drops all day long, so you would have to monitor network hashrate 24/7. There are a few big miners who appear and disappear several times a day and cause this spikes. You are solo mining?

The current network hashrate is 19.5 MH/s, but it could be 50 MH/s in an hour, for example.

EDIT: And we've again reached 50 MH/s. Thanks djm34 (and some others) for joining...
full member
Activity: 239
Merit: 250

Also I got several small mined transactions
Net amount: +0.01 XMG
Net amount: +0.001 XMG
Are those from POS?
Did you see these from transaction details? Can you identify them in the transaction histroy?

Also I saw the 5xmg showed in the "Stake" but none of my sub accounts having balance smaller than that. Will that mean if I keep the wallet open, I will get that by POS  later ?
PoS splits coins; it's interesting that only 5XMG in stake?

I checked several transanctions minted ~0.001xmg:
1. *** (100 XMG)      Unknown (0 XMG)
                                      *** (50.01 XMG)
                                      *** (50 XMG)
2. *** (5 XMG)      Unknown (0 XMG)
                                      *** (2.5 XMG)
                                      *** (2.501 XMG)

It looks like POS. But 100XMG only generates 0.01 XMG...

All the minted XMG in the wallet is small around 0.01XMG. Is that normal? Some transaction is for 190xmg and it only minted 0.04XMG...


member
Activity: 81
Merit: 1002
It was only the wind.
Wouldn't a malicious actor with a botnet be able to raise the hash rate so far that the block reward stays very low for an extended period of time?

Sure - and with that amount of hash, as long as the minimum block reward isn't too small, you may still profit.

I don't think profit would be a concern in this case, and actually I don't think it's profitable. malicious "attack-like" botnet which keep the block reward stay low will be a concern, however none will benefit from this kind of "attack".

Note what I said - as long as the min block reward isn't too small. For every minimum block reward, there's a cost per kh that makes it profitable at that reward - you just want to make the cost per kh required unreasonably small.

It really depends, however, you can say one with zero costs is always profiting, then I won't be able to argue. The issue is all about the amout of block reward, how profitable it is, and at what level the block reward is too small (very much depends on the market price though). As I explain a few pages back, block reward can go all the way down to mining fee, 0.0001; the distance between not much small and very small won't be huge. 

Oh, I missed that post - didn't know block reward could go down to fee. In that case, there's no reasonable cost per kh that makes the attack worth it.
legendary
Activity: 1750
Merit: 1005
As told Magi added on www.whitepuma.net

http://www.whitepuma.net/unidash/index.php?mode=logout&wasuuup=7d2d180c45c41870f36e747816456190

It's easy:

Example:

0) follow @whitepuma_net
1) login with twitter (facebook or Instagram)
2) get Magi walletaddress  Deposit some coins.
3) if you want to tip somebody give this command in tweet:  
@whitepumatipbot give AMOUNT magis to @NAME and if you want a text.

On the website they call Magi not XMG but magis.
I asked them to change that so people don't get confused!

Try it! Its really funny to do!
full member
Activity: 196
Merit: 100
Not enough hashpower? Just a heads up. There are several rigs available for rent at Mining Rig Rentals. Check M7M section.

The prices are a joke and make it worth one bit.

I heard the same over and over again about Bitcoin ASICs. But it didn't stop people buying them  Wink
Why? Cause they believe in the coin and will get their profit (instead of instant ROI) when the price raises.
full member
Activity: 140
Merit: 100
Not enough hashpower? Just a heads up. There are several rigs available for rent at Mining Rig Rentals. Check M7M section.

The prices are a joke and make it worth one bit.
member
Activity: 81
Merit: 1002
It was only the wind.
Wouldn't a malicious actor with a botnet be able to raise the hash rate so far that the block reward stays very low for an extended period of time?

Sure - and with that amount of hash, as long as the minimum block reward isn't too small, you may still profit.

I don't think profit would be a concern in this case, and actually I don't think it's profitable. malicious "attack-like" botnet which keep the block reward stay low will be a concern, however none will benefit from this kind of "attack".

Note what I said - as long as the min block reward isn't too small. For every minimum block reward, there's a cost per kh that makes it profitable at that reward - you just want to make the cost per kh required unreasonably small.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Not enough hashpower? Just a heads up. There are several rigs available for rent at Mining Rig Rentals. Check M7M section.

Yes, but 300 % too expensive!
full member
Activity: 196
Merit: 100
The last 24h I nearly doubled my amount of XMG. Price moved between 5,000 and 6,000 satoshi, so you could (and still can) make some profit and as a side-effect, increase the trading volume on the exchanges.
Please don't dump your coins, don't sell too cheap.
full member
Activity: 196
Merit: 100
Not enough hashpower? Just a heads up. There are several rigs available for rent at Mining Rig Rentals. Check M7M section.
full member
Activity: 196
Merit: 100
Yes I am solo mining I dont like to use pools

What's your hashpower? In the current situation you probably might want to consider joining a pool before you stop mining Magi?
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