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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1124. (Read 2375926 times)

legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
full member
Activity: 238
Merit: 100
Sam Mother Fuckin' Walters
Great idea on the timeline. The one I created needs to be graphically updated. I'll use your updates in it.

Yes, I am on the magi team and I will make sure we set the proper foundation to grow as a community.

I want us to realize something. We have a team, yes, but the team is only partial of what is needed with magi.

The more we expand its community, the more we earn. There is no need to be greedy or hide the fact you are mining Magi.

It is very important to spread adoption of magi because it reflects on your earnings on a wider scale.

Communities and Groups should be formulating with the team to progress in the opportunity magi has presented.


[MagiTeam & roadmap & plans]







Here something has happened /gonna happen.


1) So far I liked the XMG implementation and what's been happening; myself had a lot time spent on the basic stuffs. Speaking of a coin/cryptocurrency, obviously we need far more than that. But speaking of a coin/cryptocurrency, we do need strong fundamentals. I am not pretty getting the idea why a coin should be mined only 7 days with GPU / ASIC and then fully relies on PoS, do you? This is where I see interesting in XMG. The M7M algo (v1 & v2) just sits there well; I couldn't imagine there goes on tons of numerical/floats computations in addition to hash in order to maintain the public ledger in this system. The floats computation like the M7M algo appears to be a mess regarding the calculation, but just going well. M7M is never a beauty of perfect ago, but it works as far as we can see, along with many other adjustments.


2) MagiNeXT:

i) First and most importantly, we'll put reasonable amount of efforts into the coin itself as done in the past.

ii) There are numerous stuffs we can talk to reach out Magi services, but we'd focus on a few features as the targets which shall be done in the near future. The primary goal is to implement real stuffs to get XMG used in our life; this not only gives XMG a life but also us a life.

# Simplifying using Tor/PoS, something like turning it on and leave it; ideas are developing and being in progress; we'll be able to talk more once almost there.

# Marketplace; this is far more than interesting, but will get community to participate together.

# Payment gateway system; it's pretty easy to be done by getting into service like coinpayments. Addition to that I've been in touch by the 3rd party about developing a payment gateway system; I am lack of idea when I am typing, but thought this might be something we should develop. Surely we need to think about the necessity and some further more before getting going. Any ideas are appreciated.

# I guess a few above points are 'big' plans. Some tech stuffs are covered in the "Timeline". These are never a complete list. We need to sort out our own features while I must agree all coins including bitcoin should head towards the same direction. Please suggest what features XMG should take/focus. If you want discussion, head to this thread:

https://bitcointalksearch.org/topic/xmg-coin-magi-development-848731


3) MagiTeam: something community should be aware of:

111magic has been working with me pretty a while (this reminds months back when he was using his laptop to mine coins); I am pretty impressed by his passion on XMG; it appears he will keep doing XMG stuffs, if you have questions but can't find me or get reply from me, shoot him a PM.

SamWalters has many awesome ideas from which I have educated myself. One thing for sure is that you can always get positive energy by reading his posts. SamWalters will be our think tank & marketing expert; if you have an idea, let's get it to him.

ex33s is currently running services including dice game and paper wallet; ex33s will be in support of the coming marketplace site and adviser of many more other services currently in progress. I'm quite impressive by his constant tagging me over IRC, of course, his dice game at the beginning, Smiley but he is very good at stuffs more than that, for example, web apps.

I would like to welcome jawitech as our new team member. jawitech will act as "think-tank" (I've been already benefited a lot from him), replying to your questions and together with others be responsible for the marketing. You may already see jawitech's active posts, feel free to PM him whenever you have questions.

Basically that's all we announce at this moment, but we actually have more people working on XMG; when time comes and they are willing to be public, we will certainly give more information.

I & the team can merely do part of jobs, however, the constant growth of a coin needs efforts from the whole community. We're here open to all of you, for any one of you has ideas/comments or you're experienced on something on which we are lack of attention, do not hesitate to let us know. We do have sizeable funds hanging there for contributors, but we do welcome people to work together as like a team.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
[MagiTeam & roadmap & plans]







Here something has happened /gonna happen.


1) So far I liked the XMG implementation and what's been happening; myself had a lot time spent on the basic stuffs. Speaking of a coin/cryptocurrency, obviously we need far more than that. But speaking of a coin/cryptocurrency, we do need strong fundamentals. I am not pretty getting the idea why a coin should be mined only 7 days with GPU / ASIC and then fully relies on PoS, do you? This is where I see interesting in XMG. The M7M algo (v1 & v2) just sits there well; I couldn't imagine there goes on tons of numerical/floats computations in addition to hash in order to maintain the public ledger in this system. The floats computation like the M7M algo appears to be a mess regarding the calculation, but just going well. M7M is never a beauty of perfect ago, but it works as far as we can see, along with many other adjustments.


2) MagiNeXT:

i) First and most importantly, we'll put reasonable amount of efforts into the coin itself as done in the past.

ii) There are numerous stuffs we can talk to reach out Magi services, but we'd focus on a few features as the targets which shall be done in the near future. The primary goal is to implement real stuffs to get XMG used in our life; this not only gives XMG a life but also us a life.

# Simplifying using Tor/PoS, something like turning it on and leave it; ideas are developing and being in progress; we'll be able to talk more once almost there.

# Marketplace; this is far more than interesting, but will get community to participate together.

# Payment gateway system; it's pretty easy to be done by getting into service like coinpayments. Addition to that I've been in touch by the 3rd party about developing a payment gateway system; I am lack of idea when I am typing, but thought this might be something we should develop. Surely we need to think about the necessity and some further more before getting going. Any ideas are appreciated.

# I guess a few above points are 'big' plans. Some tech stuffs are covered in the "Timeline". These are never a complete list. We need to sort out our own features while I must agree all coins including bitcoin should head towards the same direction. Please suggest what features XMG should take/focus. If you want discussion, head to this thread:

https://bitcointalksearch.org/topic/xmg-coin-magi-development-848731


3) MagiTeam: something community should be aware of:

111magic has been working with me pretty a while (this reminds months back when he was using his laptop to mine coins); I am pretty impressed by his passion on XMG; it appears he will keep doing XMG stuffs, if you have questions but can't find me or get reply from me, shoot him a PM.

SamWalters has many awesome ideas from which I have educated myself. One thing for sure is that you can always get positive energy by reading his posts. SamWalters will be our think tank & marketing expert; if you have an idea, let's get it to him.

ex33s is currently running services including dice game and paper wallet; ex33s will be in support of the coming marketplace site and adviser of many more other services currently in progress. I'm quite impressive by his constant tagging me over IRC, of course, his dice game at the beginning, Smiley but he is very good at stuffs more than that, for example, web apps.

I would like to welcome jawitech as our new team member. jawitech will act as "think-tank" (I've been already benefited a lot from him), replying to your questions and together with others be responsible for the marketing. You may already see jawitech's active posts, feel free to PM him whenever you have questions.

Basically that's all we announce at this moment, but we actually have more people working on XMG; when time comes and they are willing to be public, we will certainly give more information.

I & the team can merely do part of jobs, however, the constant growth of a coin needs efforts from the whole community. We're here open to all of you, for any one of you has ideas/comments or you're experienced on something on which we are lack of attention, do not hesitate to let us know. We do have sizeable funds hanging there for contributors, but we do welcome people to work together as like a team.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...


Walls are very thin on exchanges this is a pumpers wet dream right now !

Srry, it's over now.

i didnt get anycoins ... what happen ? i did all right...

You're fine, no worries; I will send the rewards this week once I get withdrawal from poloinex.
legendary
Activity: 1750
Merit: 1005
Hashhot Pool: http://xmg.hashhot.com

Looks like the stratum is works well [https://bitcointalksearch.org/topic/m.9493680], if you want to run magi pool services.

Happy mining!

nice job!

Another pool?
XMG continues to expand!
full member
Activity: 212
Merit: 100
Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...


Walls are very thin on exchanges this is a pumpers wet dream right now !

Srry, it's over now.

i didnt get anycoins ... what happen ? i did all right...
full member
Activity: 238
Merit: 100
Sam Mother Fuckin' Walters
its growing.. magi is only going to expand from here because on a community level - if magi attracts 10,000 miners consistently mining, we're hoping to maximize rewards in POW and PoS-II kicks in as a bonus, since its hybrid. If each regular miner is invested by 0.5 BTC worth into magi, the volume could be in the same range as the top 25 coins on the market cap.

Its a simple theory, there is no early adopters benefit. Anytime a new miner joins Magi, it helps them earn more on a community level rewards, giving out better payouts across the network.

Tell 10 people about magi...
5 take action and stick with it long time

Magi is the only coin in my eyes to be doing something for a large community at its base

24h vol is 2btc not bad for a 88 btc marketcap


Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...

Walls are very thin on exchanges this is a pumpers wet dream right now !

Actually not, no one wants to buy for current price,
no one wants to sell for current price.

At bittrex you can see someone is trying, but nothing happens.
Sell price is going up, but no one is buying.

Just 10K XMG / 24 hr.  (twice as much as cryptoine, by the way)

legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Hashhot Pool: http://xmg.hashhot.com

Looks like the stratum is works well [https://bitcointalksearch.org/topic/m.9493680], if you want to run magi pool services.

Happy mining!
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...


Walls are very thin on exchanges this is a pumpers wet dream right now !

Srry, it's over now.
full member
Activity: 212
Merit: 100
24h vol is 2btc not bad for a 88 btc marketcap


Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...

Walls are very thin on exchanges this is a pumpers wet dream right now !

Actually not, no one wants to buy for current price,
no one wants to sell for current price.

At bittrex you can see someone is trying, but nothing happens.
Sell price is going up, but no one is buying.

Just 10K XMG / 24 hr.  (twice as much as cryptoine, by the way)

legendary
Activity: 1750
Merit: 1005
Already more buys than yesterday on Cryptoine.
Think Cryptoine is also a nice exchange!
It's difficult. Buy or sell?
People have to deside what price they are happy with.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...

Walls are very thin on exchanges this is a pumpers wet dream right now !

Actually not, no one wants to buy for current price,
no one wants to sell for current price.

At bittrex you can see someone is trying, but nothing happens.
Sell price is going up, but no one is buying.

Just 10K XMG / 24 hr.  (twice as much as cryptoine, by the way)
sr. member
Activity: 476
Merit: 250
https://www.miningrigrentals.com/rigs/m7m


Mining Rig Rentals just added a m7m algo section!!

This is wow! Are you actually running miningrigrentals, lordmick? Can generic users put their rigs in the site to rent to other people? Also curious about how the price $ / khs is calculated. I'll add to the OP.

Are you actually running miningrigrentals,

No im a single user.. I ask them to add m7m algo.. and they did it in a couple hours.

This is pretty cool, having a CPU algo; so basically people can hang their old pc there and earn some BTC.   Cheesy

1 on 4 rigs on m7m rented Smiley

Available Rigs:    3 (47.00Khash/s)
Rented Rigs:    1 (5.00Khash/s)
Average (last 10):    0.09000000
Last:    0.09 Price/Mh/Day

need more hash people!!!


Available Rigs:    0 (0.00hash/s)
Rented Rigs:    4 (52.00Khash/s)
Average (last 10):    0.09000000
Last:    0.09 Price/Mh/Day

Nice that all rigs are rented!

Maybe get more rigs if users alos can get paid with XMG besides BTC?

yeah that would be nice... one day maybe..

Agree Smiley Asked them on twitter about it, but just for m7m algo Smiley
full member
Activity: 212
Merit: 100
Is the POM over? Because if i rent my rig i guess i will lose my chance at the POM...


Walls are very thin on exchanges this is a pumpers wet dream right now !
legendary
Activity: 1400
Merit: 1050
After the update is complete my wallet, I put files into a new long wallet purse, wallet, coins all is lost, please help me get back money, my wallet address is:




9GYSxfrKBtTc4buU8t6NrE9qhSGmu749cv
Amigo, What are you doing with your wallet again?
Did you make a backup before you did the update?
I still see the same amount in your wallet. 3674.8538089XMG
They are not lost! Wink

But I find the two machines to update the wallet, and then copy into the old wallet file still exists no coins
Please tell me how to do it,thank you!

I would like to help you.
But iám at my work now and can not look a it very good.
Maybe there is somebody else here who can help you out.
Otherwise send me a pm and i will try to look at it!


A little confusing here. Do you have your wallet.dat file (of which I hope you have several backup copies) in the right folder on your pc? It should be located in %appdata%/magi i.e. on Windows c:/users/username/appdata/roaming/magi. It does not matter which folder the executable is located in - it always only operates on the wallet.dat file in %appdata%/magi
lol, I think the guy is just trying to get more coins, it worked so well the first time  Grin
sr. member
Activity: 350
Merit: 250
Mining Co-operative
After the update is complete my wallet, I put files into a new long wallet purse, wallet, coins all is lost, please help me get back money, my wallet address is:




9GYSxfrKBtTc4buU8t6NrE9qhSGmu749cv
Amigo, What are you doing with your wallet again?
Did you make a backup before you did the update?
I still see the same amount in your wallet. 3674.8538089XMG
They are not lost! Wink

But I find the two machines to update the wallet, and then copy into the old wallet file still exists no coins
Please tell me how to do it,thank you!

I would like to help you.
But iám at my work now and can not look a it very good.
Maybe there is somebody else here who can help you out.
Otherwise send me a pm and i will try to look at it!


A little confusing here. Do you have your wallet.dat file (of which I hope you have several backup copies) in the right folder on your pc? It should be located in %appdata%/magi i.e. on Windows c:/users/username/appdata/roaming/magi. It does not matter which folder the executable is located in - it always only operates on the wallet.dat file in %appdata%/magi
legendary
Activity: 1750
Merit: 1005
agree. You're a good spreeker Sam.
I wish I could find the words so easily

Twitter is going viral now Sam.

You are like a celebrity everytime you talk... Magi is being discussed. Amazing influence in this community.


Suchpool says they are updating their stats page so things will look funky for now.

The url is: http://suchpool.pw/xmg/

I trust their judgement and we are pleased to have their community join magi in our adventure to expand the way mining works in the industry.

M7M is more than a new algo (which people love to hype anyways- new algos) but MAGI is much more than that... the devs found a new way to reward as more miners join in to mine with us. If we can as a community; attract 10,000 users mining magi, rewards can average larger for the community at hand. Remember, the goal is to maximize the rewards, and Magi is the only coin that is positioned this way.

It frustrates botnets, large miners, and so far, gpu miners. And it gives the regular miners without expensive hardware to CPU mine on a community rewards level.

If we kick up the community traffic, we all earn better payouts for mining.

Does this make sense? 

There is no need for people to think, "you must be an early adopter" not with Magi, the more people who join in, the rewards will increase on its own!

legendary
Activity: 1750
Merit: 1005
After the update is complete my wallet, I put files into a new long wallet purse, wallet, coins all is lost, please help me get back money, my wallet address is:




9GYSxfrKBtTc4buU8t6NrE9qhSGmu749cv
Amigo, What are you doing with your wallet again?
Did you make a backup before you did the update?
I still see the same amount in your wallet. 3674.8538089XMG
They are not lost! Wink

But I find the two machines to update the wallet, and then copy into the old wallet file still exists no coins
Please tell me how to do it,thank you!

I would like to help you.
But iám at my work now and can not look a it very good.
Maybe there is somebody else here who can help you out.
Otherwise send me a pm and i will try to look at it!
newbie
Activity: 58
Merit: 0
After the update is complete my wallet, I put files into a new long wallet purse, wallet, coins all is lost, please help me get back money, my wallet address is:




9GYSxfrKBtTc4buU8t6NrE9qhSGmu749cv
Amigo, What are you doing with your wallet again?
Did you make a backup before you did the update?
I still see the same amount in your wallet. 3674.8538089XMG
They are not lost! Wink

But I find the two machines to update the wallet, and then copy into the old wallet file still exists no coins
Please tell me how to do it,thank you!
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