[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1056.

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Quote from: NewtonsMthd on January 18, 2015, 01:36:40 PM

Code:

received block f305539e1a48b24c9b80
ERROR: CheckProofOfStake() : INFO: check kernel failed on coinstake 3e77c4d5c957069f38fdd59cfbe3d15197415e58abe7d851aef854f9eafab3c1, hashProof=0000a9cd1296008e7bdbca0790b7db1e124ff58ac05940a01b290f6e1dbb9b90
WARNING: AcceptBlock(): check proof-of-stake failed for block f305539e1a48b24c9b804e6e212a88f1f73433858e01b0db70147f4d31102425
ERROR: ProcessBlock() : AcceptBlock FAILED
received block f305539e1a48b24c9b80
ERROR: CheckProofOfStake() : INFO: check kernel failed on coinstake 3e77c4d5c957069f38fdd59cfbe3d15197415e58abe7d851aef854f9eafab3c1, hashProof=0000a9cd1296008e7bdbca0790b7db1e124ff58ac05940a01b290f6e1dbb9b90
WARNING: AcceptBlock(): check proof-of-stake failed for block f305539e1a48b24c9b804e6e212a88f1f73433858e01b0db70147f4d31102425
ERROR: ProcessBlock() : AcceptBlock FAILED

Did you see the above during downloading block chain, or after sync? That sounds mostly an invalid PoS block, and won't be counted into the block chain.

Quote from: NewtonsMthd on January 18, 2015, 01:36:40 PM

Finally, how does the wallet work exactly? I understand that it stores the private keys to the public addresses that I can publish, but how do coins play into it? What specific (private) data do I need from a wallet.dat backup in case of data loss, and what is recoverable from the blockchain?

Yes, what you need to do is to backup wallet.dat in case corruption of block data etc. More details can be found here: https://en.bitcoin.it/wiki/Wallet. Hope we have covered all of your questions. If not, feel free to ask again and again. Cheesy

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Quote from: NewtonsMthd on January 18, 2015, 06:08:26 PM

Hmm. This is all interesting to consider, but I do have my thoughts about the decentralized nature of the currency compared to the centralized nature of pools.

I'll probably give pools a go at some point as well. I think that both are interesting from a learning perspective.

Pool mining will be the better choice (but doesn't matter with decentralization/centralization

).

NewtonsMthd

newbie

Activity: 19

Merit: 0

Hmm. This is all interesting to consider, but I do have my thoughts about the decentralized nature of the currency compared to the centralized nature of pools.

I'll probably give pools a go at some point as well. I think that both are interesting from a learning perspective.

Singman33

full member

Activity: 147

Merit: 100

Not exactly. When you go solo mining, you will only get the reward if you find the block, in that case you will get the entire reward (in your example, nearly 20 XMG).
On a pool, you will get the same stats, but you dont need to have the luck to be the 1st to find the block. So when you mine on a pool, reward is only a fractional of 20 XMG but continuous. When you mine solo, it could take weeks to get the reward (or with luck, you could find 2 blocks in 1 hour).
Overtime, if you consider both ways over one year, you should get nearly identicals amount of XMG. But it could take one year....

NewtonsMthd

newbie

Activity: 19

Merit: 0

Quote from: Wolf0 on January 18, 2015, 05:19:15 PM

Because small miners would have to wait a month per block.

A month?!

Code:

./magid getminingbykhps
{
    "hashrate (kh/s)" : 1.00000000,
    "difficulty" : 1.35992945,
    "difficulty(aver)" : 1.45105674,
    "blockvalue" : 19.58404889,
    "mining (XMG)" : {
        "1 hour" : 0.01131256,
        "1 day" : 0.27150134,
        "1 week" : 1.90050935
    }
}

I know this isn't real-time, but it should mean that pulling a few khash/s should yield >1 block/week, no?

NewtonsMthd

newbie

Activity: 19

Merit: 0

Quote from: Singman33 on January 18, 2015, 04:43:38 PM

Ok.
Before anyting else, you have two options to mine MAGI : solo and pools.
I strongly suggest you to try pool mining before solo. Find one (like http://magi.nonce-pool.com/index.php), read the 1st page, download the independant miner, and do it.
If you really want to solo mining, the path is a little more complicated, you need to change some option to either enable wallet mining, or to provide hash chains to an independant miner.

I think that my solo mining config is correct..I have magid running and receiving blocks, and an independent miner connected via local RPC and computing hashes.

That said, I'm still a little confused by how everything is connected, e.g. how this somehow leads to blocks being verified, etc.

Anyway, I wanted to start without a pool because that seems to be one of the primary motivations behind this project - that you don't need to be part of a large pool in order to contribute/benefit.

As I understand it, the benefit to joining a pool is that I will receive continuous fractions of blocks based on my computation share. Assuming that my hashrate doesn't change, then on average it will take me x days to receive y XMG, regardless of whether I am in a pool or not. Given that the time to mine a block is within reach for a solo miner, what is the benefit to joining a pool? (I'm asking out of honest curiosity, not trying to defend one way vs. the other!)

Singman33

full member

Activity: 147

Merit: 100

Quote from: NewtonsMthd on January 18, 2015, 01:36:40 PM

Hi All!

I just started mining Magi yesterday - it's the first cryptocurrency I've ever mined!

Ok.
Before anyting else, you have two options to mine MAGI : solo and pools.
I strongly suggest you to try pool mining before solo. Find one (like http://magi.nonce-pool.com/index.php), read the 1st page, download the independant miner, and do it.
If you really want to solo mining, the path is a little more complicated, you need to change some option to either enable wallet mining, or to provide hash chains to an independant miner.

jawitech

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

Is there a performance chart for different CPU's?

Not yet, I'm creating a spreadsheet where, hopefully, many miners will enter their data.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: NewtonsMthd on January 18, 2015, 02:41:49 PM

Quote from: 111magic on January 18, 2015, 02:38:28 PM

There is an other forum. http://www.m-talk.org/
Team is trying to update this one also but because of the new developments, promotions and other websites its not up to date yet.

I'll hang around here and hopefully not repeat too many questions, then

No problem! Just feel welcome here or there! Wink

NewtonsMthd

newbie

Activity: 19

Merit: 0

Quote from: 111magic on January 18, 2015, 02:38:28 PM

There is an other forum. http://www.m-talk.org/
Team is trying to update this one also but because of the new developments, promotions and other websites its not up to date yet.

I'll hang around here and hopefully not repeat too many questions, then

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: NewtonsMthd on January 18, 2015, 02:12:23 PM

Quote from: Wolf0 on January 18, 2015, 01:54:34 PM

The wallet miner can only solo mine - it's also slower, almost always.

Ah, good to know. I figured the same basic source would be in both, and was wondering why the instructions would recommend a separate process then.

Quote from: Wolf0 on January 18, 2015, 02:05:29 PM

I don't know, but generally people hate having to sign up for yet another forum for every coin they're interested in, so you'll find most activity here, I think.

Fair enough - hopefully some of the key information will be available on the site with the relaunch.

There is an other forum. http://www.m-talk.org/
Team is trying to update this one also but because of the new developments, promotions and other websites its not up to date yet.

NewtonsMthd

newbie

Activity: 19

Merit: 0

Quote from: Wolf0 on January 18, 2015, 01:54:34 PM

The wallet miner can only solo mine - it's also slower, almost always.

Ah, good to know. I figured the same basic source would be in both, and was wondering why the instructions would recommend a separate process then.

Quote from: Wolf0 on January 18, 2015, 02:05:29 PM

I don't know, but generally people hate having to sign up for yet another forum for every coin they're interested in, so you'll find most activity here, I think.

Fair enough - hopefully some of the key information will be available on the site with the relaunch.

NewtonsMthd

newbie

Activity: 19

Merit: 0

Quote from: jawitech on January 18, 2015, 01:40:52 PM

Hello and welcome to the Magi community. Happy to see that our community grows and more and more people are interested in our project.

Thanks! Glad to see CPU mining is back, and it looks like a friendly community, too!

Is there a forum beyond this one massive thread? It's a bit..hard to keep track of?

Thanks

jawitech

full member

Activity: 196

Merit: 100

Quote from: NewtonsMthd on January 18, 2015, 01:36:40 PM

Hi All!
I just started mining Magi yesterday - it's the first cryptocurrency I've ever mined!

Hello and welcome to the Magi community. Happy to see that our community grows and more and more people are interested in our project.

Unfortunately I'm not able top help, our dev Joe or Spexx who developed a miner software for Magi, will be able to. They will show up in a few hours. Just wanted to avoid you think nobody is active here.

NewtonsMthd

newbie

Activity: 19

Merit: 0

Hi All!

I just started mining Magi yesterday - it's the first cryptocurrency I've ever mined!

Since I'm new to the field, I have a few questions. I have some experience with *nix, parallel processing, and some programming, so I'm not starting completely from scratch.

First, since I'm mining on Linux (Ubuntu 14.04), I mostly followed this guide: https://bitcointalksearch.org/topic/m.8800103

I'm solo-mining to start, so I went until the end. Step 9 caught me off-guard, because when step 10 didn't work, I realized that I had to download the entire blockchain, which took a few hours. I think they missed that part in the tutorial!

Afterwards, I looked into Bitcoin API commands, since the wallet is based off of the original BTC client. I found that there is a "setgenerate" option. So this raises the question of why I'm running a separate minerd on the same machine, if the wallet daemon itself can mine? Is there an advantage of one over the other? I compiled both independently.

Speaking of compiling both on my own, the pre-built Linux package didn't work because it was dynamically linked. Maybe it would be better to static link in the future?

Next, every now and then I see blocks come in with the following result:

Code:

received block f305539e1a48b24c9b80
ERROR: CheckProofOfStake() : INFO: check kernel failed on coinstake 3e77c4d5c957069f38fdd59cfbe3d15197415e58abe7d851aef854f9eafab3c1, hashProof=0000a9cd1296008e7bdbca0790b7db1e124ff58ac05940a01b290f6e1dbb9b90
WARNING: AcceptBlock(): check proof-of-stake failed for block f305539e1a48b24c9b804e6e212a88f1f73433858e01b0db70147f4d31102425
ERROR: ProcessBlock() : AcceptBlock FAILED
received block f305539e1a48b24c9b80
ERROR: CheckProofOfStake() : INFO: check kernel failed on coinstake 3e77c4d5c957069f38fdd59cfbe3d15197415e58abe7d851aef854f9eafab3c1, hashProof=0000a9cd1296008e7bdbca0790b7db1e124ff58ac05940a01b290f6e1dbb9b90
WARNING: AcceptBlock(): check proof-of-stake failed for block f305539e1a48b24c9b804e6e212a88f1f73433858e01b0db70147f4d31102425
ERROR: ProcessBlock() : AcceptBlock FAILED

Is that something going wrong, or is that normal? (Also, is there anything personally-identifiable in there that I should edit out?)

Finally, how does the wallet work exactly? I understand that it stores the private keys to the public addresses that I can publish, but how do coins play into it? What specific (private) data do I need from a wallet.dat backup in case of data loss, and what is recoverable from the blockchain?

Thanks!

ItsValium

newbie

Activity: 7

Merit: 0

Well today one of my staff called me and was really all over the place! He got a notice from our monitoring software complaining about one of the clusters went into Alert mode. When he logged in to the cluster management console he was presented with the following image :
http://i60.tinypic.com/1z72b61.jpg
And as a result I got the anxious call. He was saying he couldn't make sence of it, since the memory load on the hosts was so low, but the CPU consumption was at an all time high ...

After explaining to him he didn't need to worry, he calmed down and left me at it Wink

I'm sure some of my staff who are not aware of the clusters mining Magi will panic tomorrow morning when they get into the office Cheesy

I definately need to adjust the monitoring to not include the low priority miners otherwise I'll get calls every hour or so Wink

Quote from: th3.r00t on January 18, 2015, 06:53:27 AM

Quote from: joelao95 on January 18, 2015, 01:31:55 AM

Quote from: th3.r00t on January 17, 2015, 05:34:22 PM

Maybe the guys that made sources for linux will intervene here?

Can it be done, so that the linux miner will monitor the network hashrate, block value like NeedIfFindIt windows miner?
That way, we all who have linux miners and VPS's will get alo the maximum XMG per watt. Wink

I will try to make that.

Awesome!
Thanks Joe!
I volunteer my miners to test it

And if needed I can volunteer some miners too!

Regards

Singman33

full member

Activity: 147

Merit: 100

Hi,

In the QT wallet, you can see the minted transactions (BTW there is a display bug at least in Win version, theses minted transactions are marked "mined" instead of "minted" but filter is working).
I can't find theses minted transactions with the command line "listtransactions". Do you have a way to show them using CLI ?

th3.r00t

sr. member

Activity: 312

Merit: 250

Quote from: joelao95 on January 18, 2015, 01:31:55 AM

Quote from: th3.r00t on January 17, 2015, 05:34:22 PM

Maybe the guys that made sources for linux will intervene here?

Can it be done, so that the linux miner will monitor the network hashrate, block value like NeedIfFindIt windows miner?
That way, we all who have linux miners and VPS's will get alo the maximum XMG per watt. Wink

I will try to make that.

Awesome!
Thanks Joe!
I volunteer my miners to test it

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: ancientcoins on January 18, 2015, 04:01:31 AM

whats happening in 2 days on your site

Think some updates are in progress on the website!

ancientcoins

legendary

Activity: 1568

Merit: 1003

🚀🚀 ATHERO.IO 🚀🚀

whats happening in 2 days on your site

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1056. (Read 2375939 times)