Hello all,
Just started with cryptocurrency a couple of days ago, and after a long search decided to put my efforts into XMG/Magicoin. I manage a couple of virtualisation clusters and setup around 350 KH/s of miners to do some work (they will go slower during daytime in europe, since they share resources with production systems)and divided them amongst the pools I could find in the OP.
Magicoin sounds like the way to go!
Greets!
Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1058. (Read 2375939 times)
Speaking of invesment, little suggestions: use a percentage (like 10%) of all funds to invest crypto stuffs. This will release us pressure in both sides; you won't go panic selling while price getting lower, and XMG won't be too much care of the bear market and too much pressure to make price back, that's just not all about. We'll manage to get XMG throughout the year of 2015.
i have a recommended feature if you could implement it. you should create like magi credit score. just how in real life our credit score is used to assess if you get credit you could do something like that for the crypto world. one factor could be how much spending the person does, staking and then later to increase credit they could provide documents to verify identity
just a thought a credit score system which works for cypto is huge as you all know credit is really popular. this could also be for businesses who use your currency to trade ofcourse there is a risk of non payment but slowly the system will be perfected as you can learn from mistakes
this could really be the next stage in crypto. you could then let people offer loans by using your system which you charge a fee
Speaking of invesment, little suggestions: use a percentage (like 10%) of all funds to invest crypto stuffs. This will release us pressure in both sides; you won't go panic selling while price getting lower, and XMG won't be too much care of the bear market and too much pressure to make price back, that's just not all about. We'll manage to get XMG throughout the year of 2015.
Where to get a compiled version of m-cpuminer-legacy ?
I only found the link to the source code.
I only found the link to the source code.
I will get the compiled miner ASAP.
Magi back to 7000s range in bittrex 
hope those that are active here managed to get some cheap xmg
hope those that are active here managed to get some cheap xmg
To be frank, I got buy orders at 3k - 4k filled a few days ago;
I guess a few other members here sustained the price as low as 3K, while getting a bag of coins. 
Where to get a compiled version of m-cpuminer-legacy ?
I only found the link to the source code.
I only found the link to the source code.
Magi back to 7000s range in bittrex
hope those that are active here managed to get some cheap xmg
hope those that are active here managed to get some cheap xmg
really good times coming here. i really think this could hit 100-200k
Magi back to 7000s range in bittrex
hope those that are active here managed to get some cheap xmg
hope those that are active here managed to get some cheap xmg
Thanks for the advice and for including magid
Got new version based on:
Code:
[blockvalue] => Array
(
[difficulty-V2] => x.xxxxxxxx
[blockvalue] => xx.xxxxxxxx
)
Targeting at least 12 XMG block value for the full speed (with hope that this will almost cover the energy cost soon).
Download link:
http://xmg.makejar.com/download/sweet-spot-0.9.6.zip
Screenshot & More details:
http://xmg.makejar.com/
Nice, I've added the miner to the OP. A question, is the miner using the reward information from your hosted magid? what happens if the site gets offline, will that be problematic to running the miner?
In 0.9.6 it will use hardcoded 11MHs/11XMG which makes 100%/50%
In 0.9.7 it will use hardcoded 22MHs/22XMG which makes it running at 100% if the connection to my hosting is unavailable (also a message will appear).
If just magid crash then the MHs value will be grabbed from one of the pools and the XMG/Block will be estimated on MHs.
Does anyone know how many XMG coins are approximately mined per 24hrs at this time?
Today I got some time to play with RPC and got some interesting numbers:
| Date | Total Coins Generated | POW | POS | Total Blocks | POW Blocks | POS Blocks |
| 15.01.2015 | 5355.04309628 XMG | 5335.32580438 XMG | 19.71729190 XMG | 1363 | 453 | 910 |
| 14.01.2015 | 6582.57954466 XMG | 6560.94729596 XMG | 21.63224870 XMG | 1356 | 444 | 912 |
More days:
http://xmg.makejar.com/xmg-per-day/
Sorry for spamming the Magi thread so often, I'm just trying to be useful
Nice work!
I have ~144 XMG in my wallet, how is my stake weight derived? I moved 144 to 2 other addresses and back quite a few times? The days to reward is 150+ days OMG
In general PoS, stake weight amounts to number of coins times the number of days in stake. PoS-II modified the way of calculating days in stake using a kind of math functions. You can find the stake weight (also coin age) from the following figure.
The bottom line is nearly corresponding to your situation.
Quote
The days to reward is 150+ days OMG
The expected time is never accurate, as it's calculated by PoS block time x network weight / your stake weight. Obviously, this equation never gives zero. You will see the expected time quickly gets reduced over time. I believe it will give a relatively "accurate" time by staking a few hours. Based on that, you will have some idea about how much time for offline; I suggest back online at least once a day to check the status. When it says expected time is about few hours, keep it online; when it says a few minutes, that's crazy, don't trust it 
, just keep it online and reap reward; but don't miss the reward time or stay offline too long time. Thanks for the advice and for including magid
Got new version based on:
Code:
[blockvalue] => Array
(
[difficulty-V2] => x.xxxxxxxx
[blockvalue] => xx.xxxxxxxx
)
Targeting at least 12 XMG block value for the full speed (with hope that this will almost cover the energy cost soon).
Download link:
http://xmg.makejar.com/download/sweet-spot-0.9.6.zip
Screenshot & More details:
http://xmg.makejar.com/
Nice, I've added the miner to the OP. A question, is the miner using the reward information from your hosted magid? what happens if the site gets offline, will that be problematic to running the miner?
Thank you very much, very interesting information. I wonder if the difference in coins per day is related to the hashrate; higher hashrate less coins, lower hashrate more coins?
That would be superb.
That's true, the higher hashrate, the less coins. That would be superb.
THANKS! This will definitely push me into doing new crazy things around Magicoin
Do it.
will be nice to see; I suggest adding XMG address into sig so that people can easily find the address to donate. Btw, added http://xmg.makejar.com/xmg-per-day/ into OPIn POS the things are harder to predict. Every time I get Stake my inputs split in half. After a week my 500 XMG got into 15 smaller pieces. Should I merge it (send to one address) for better results?
Yes, merging into a bigger amount (no more than 2000) will be better.
nice to see xmg back on train
@NeedIfFindIt
Thank you very much, very interesting information. I wonder if the difference in coins per day is related to the hashrate; higher hashrate less coins, lower hashrate more coins?
That would be superb.
Please PM me your XMG address, I would like to send you some as a thank you for sharing this info. Found your tipjar address on the info page http://xmg.makejar.com/xmg-per-day/ and send 500 XMG to 9BrrhUXoBJd6z84gJJE3GbyUkmmqGMPEPL
Keep up the good work, Cheers!
Thank you very much, very interesting information. I wonder if the difference in coins per day is related to the hashrate; higher hashrate less coins, lower hashrate more coins?
That would be superb.
Keep up the good work, Cheers!
THANKS! This will definitely push me into doing new crazy things around Magicoin
About the coins from POW. In the "Best case scenario" - steady 22MH/s network hashrate it would be probably 24*60/3*50=24000 XMG (24 hours * 60 minutes/3 minute block * 50 XMG)
But since all of us (that use electricity for heating
) see 25 XMG / block as pure profit, don't expect to see the "Best case scenario" before the Spring-Summer period.Just 2 days ago I saw steady 100+MH/s and 1 XMG / block.
In POS the things are harder to predict. Every time I get Stake my inputs split in half. After a week my 500 XMG got into 15 smaller pieces. Should I merge it (send to one address) for better results?
Magi XMG the unique next generation coin keeps growing.
Buy directly Magi XMG on litebit.eu
For German community a simple manual. http://imgur.com/Bf3SENF
Thanks Jaw.
Buy directly Magi XMG on litebit.eu
For German community a simple manual. http://imgur.com/Bf3SENF
Thanks Jaw.
Our new pool
https://xmg.maxminers.net/
has found it's first block with only 7 miners and 40 kh/s, with a block reward of 19.64 XMG.
Congrats!
https://xmg.maxminers.net/
has found it's first block with only 7 miners and 40 kh/s, with a block reward of 19.64 XMG.
Congrats!
Pointed ~75 - 80kh/s at it about three seconds ago.
Does anyone know how many XMG coins are approximately mined per 24hrs at this time?
Today I got some time to play with RPC and got some interesting numbers:
| Date | Total Coins Generated | POW | POS | Total Blocks | POW Blocks | POS Blocks |
| 15.01.2015 | 5355.04309628 XMG | 5335.32580438 XMG | 19.71729190 XMG | 1363 | 453 | 910 |
| 14.01.2015 | 6582.57954466 XMG | 6560.94729596 XMG | 21.63224870 XMG | 1356 | 444 | 912 |
More days:
http://xmg.makejar.com/xmg-per-day/
Sorry for spamming the Magi thread so often, I'm just trying to be useful
Don't hesitate to post more, I like and appreciate your postings. Each active community member is welcome.
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