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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1143. (Read 2375926 times)

full member
Activity: 196
Merit: 100
That's the point. We are still lack of sufficient promotions of XMG and XMG is yet to have "big" exchange, which are quite critical to get the coin and miners a hype. Despite this, the multipool will be a good start for people who want to get XMG by mining scrypt/x11 coins.

I agree but let me point out another point of view:

When listed on a big exchange like Cryptsy or Bittrex, people (miners, traders, investors) are making pressure on the DEV. Cause price will only increase when new features are on the way. So there will be a lot of pressure on you. With the current situation, you have more time. There's a still lot to do, website, spreading the hash (currently PoS has 66% of all blocks, Nonce-pool 28% and suprnova only 6%) and much more.

XMG has a steady value of 2000-3000, that's more than many other new coins have. Not bad for a new coin in the "early days". Lemurcoin for example has 10x the value but there will only be 100k coins in total, so not to compare.

With giveaways, a multipool and more pointing out the CPU mineable fact, we will attract more people, making them interested in finding out more about Magi, staking their coins or exchanging them which leads to more volume.

The problem with the China market is there are so many coins that people won't trust any incoming coins. Based on what happened to the subforum, XMG may get an opportunity, while we'll need sort of good promotion strategy.

Like I said, a representative/advertiser for the chinese market, who knows this market, would be awesome. Let's add this to the to-do-list.

btw, I only have currently around 400 XMG (so I'm not one of the top coin holders, just a simple miner) but I'm willing to help making XMG a great and valueable coin. That explains my commitment  Smiley
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
I'm looking forward to trying Tor wallet soon. I keep hearing many anon supporters talking about its potential. Any tips for someone who knows nothing about it?

What is it? Why is it important?



Recently came across this that might be interesting:

http://www.reddit.com/r/Bitcoin/comments/1c8yb3/a_stepbystep_guide_to_creating_an_anonymous/

This article posted by Frisian is also something we should worry about:

full member
Activity: 126
Merit: 100
I'm looking forward to trying Tor wallet soon. I keep hearing many anon supporters talking about its potential. Any tips for someone who knows nothing about it?

What is it? Why is it important?

legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Do you know if there are any active XMG community members from china?

Not sure active members here, but we have connections with them (thanks to 111magic). The ANN thread was going well in the Chinese subforum:
https://bitcointalksearch.org/topic/xmg-magi-pos-tor-m7-763187
https://bitcointalksearch.org/topic/xmg-magi-pos-ii-m7m-cpu-786053

Recently we had posts in http://8btc.com/, and the giveaway goes nice:
http://8btc.com/thread-10795-1-1.html
http://8btc.com/thread-7626-1-1.html

I am not sure other ideas to further boost promotions, any ideas?

I recently read that China plays an important role in the crypto worls. So there must be dedicated chinese mining pools. chinese miners probably prefer them more. It's just a thing to find that out and find a "representative"/pool operator for that audience.

That's the point. We are still lack of sufficient promotions of XMG and XMG is yet to have "big" exchange, which are quite critical to get the coin and miners a hype. Despite this, the multipool will be a good start for people who want to get XMG by mining scrypt/x11 coins.

The problem with the China market is there are so many coins that people won't trust any incoming coins. Based on what happened to the subforum, XMG may get an opportunity, while we'll need sort of good promotion strategy.
full member
Activity: 196
Merit: 100
I don't understand everything, but it's interesting

http://cointelegraph.com/news/112782/blocknet-is-like-the-mega-man-of-altcoins

Is that something that might be interesting for XMG (I like the ATM feature)?

I heard blocknet is a scam ... so popular things are sort of making people additions to that, get things boring, and comes with scams too likely. I would say
Code:
rm -rf *net
Grin

Oh come on Joe, linux noob here. Just had to google what this command means  Tongue

Ok, in this case let's develop our own ideas and features ^^
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
I don't understand everything, but it's interesting

http://cointelegraph.com/news/112782/blocknet-is-like-the-mega-man-of-altcoins

Is that something that might be interesting for XMG (I like the ATM feature)?

I heard blocknet is a scam ... so popular things are sort of making people additions to that, get things boring, and comes with scams too likely. I would say
Code:
rm -rf *net
Grin
full member
Activity: 196
Merit: 100
Do you know if there are any active XMG community members from china?

Not sure active members here, but we have connections with them (thanks to 111magic). The ANN thread was going well in the Chinese subforum:
https://bitcointalksearch.org/topic/xmg-magi-pos-tor-m7-763187
https://bitcointalksearch.org/topic/xmg-magi-pos-ii-m7m-cpu-786053

Recently we had posts in http://8btc.com/, and the giveaway goes nice:
http://8btc.com/thread-10795-1-1.html
http://8btc.com/thread-7626-1-1.html

I am not sure other ideas to further boost promotions, any ideas?

I recently read that China plays an important role in the crypto worls. So there must be dedicated chinese mining pools. chinese miners probably prefer them more. It's just a thing to find that out and find a "representative"/pool operator for that audience.
sr. member
Activity: 350
Merit: 250
Mining Co-operative
Oh yes. If Brian May keeps practicing, then one day he might be as good as me Cheesy Cheesy (I have been playing guitar for over 40 years).

ok Spexx, I believe your guitar skill is more experienced than compiling m7m minerd.  Cheesy

Quite so. One thing they share in common is a never-ending learning process. The beauty of it is that you only ever get better at it Smiley
full member
Activity: 196
Merit: 100
I don't understand everything, but it's interesting

http://cointelegraph.com/news/112782/blocknet-is-like-the-mega-man-of-altcoins

Is that something that might be interesting for XMG (I like the ATM feature)?
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Do you know if there are any active XMG community members from china?

Not sure active members here, but we have connections with them (thanks to 111magic). The ANN thread was going well in the Chinese subforum:
https://bitcointalksearch.org/topic/xmg-magi-pos-tor-m7-763187
https://bitcointalksearch.org/topic/xmg-magi-pos-ii-m7m-cpu-786053

Recently we had posts in http://8btc.com/, and the giveaway goes nice:
http://8btc.com/thread-10795-1-1.html
http://8btc.com/thread-7626-1-1.html

I am not sure other ideas to further boost promotions, any ideas?
full member
Activity: 196
Merit: 100
That will be nice. The problem with pools is the high rate of DDOS attack that is the most concern.

Currently exchanges are being attacked regularly, btw.

Yes, as far as I know Coinking is DDoS protected but that could be discussed.

I have just the ideas, you are the one who decides which way to go  Smiley

Do you know if there are any active XMG community members from china?
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
I will drop him a message and see how this is going; running pool more or less get my vps server/vendor complaining about that.

Ok. In case he won't do, there's a great pool software that soon launches a multipool feature. Don't know what server specs are required but I can find out (don't think a huge box will be needed for some Scrypt and probably some SHA256 coins).

That will be nice. The problem with pools is the high rate of DDOS attack that is the most concern.
full member
Activity: 196
Merit: 100
I will drop him a message and see how this is going; running pool more or less get my vps server/vendor complaining about that.
Edit, is this pool a reasonably good one, since the thread was opened in August, but only few posts there; also can't see any complaints since thread is self-moderated.

I found it when looking for a EXCL pool. Don't know more about it but will keep my eyes open.

Just had another idea, probably even better. Coinking.io is a well known multipool and provides payouts in different coins (they usually exchange all 6 hours). Maybe talk to them if they would add XMG as payout option. This way you have no additional work.
full member
Activity: 196
Merit: 100
I will drop him a message and see how this is going; running pool more or less get my vps server/vendor complaining about that.

Ok. In case he won't do, there's a great pool software that soon launches a multipool feature. Don't know what server specs are required but I can find out (don't think a huge box will be needed for some Scrypt and probably some SHA256 coins).
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
One thought about your "spare" hosting capacity - a repository for XMG software resources in one place might look more professional than the various places we have atm. I use Dropbox for my distributions, but would prefer to have them hosted on a "named" place for kudos.

I agree. Your website http://cryptomagic.com already contains a "get started" section. Or create a new menu "mining" and next to tutorials put the tools there.

The site is outdated; I am working on the site and will make it work more efficiently, with guide, downloads etc up; so people can get more information from there.

Other provider but same concept.

The provider I mentioned hosts all multipools at http://thepool.pw/

https://bitcointalksearch.org/topic/annmultipool-service-thepoolpw-multipool-733216

Edit: One time fee in 0.75 BTC, not 2 BTC like I stated

I will drop him a message and see how this is going; running pool more or less get my vps server/vendor complaining about that.

Edit, is this pool a reasonably good one, since the thread was opened in August, but only few posts there; also can't see any complaints since thread is self-moderated.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Oh yes. If Brian May keeps practicing, then one day he might be as good as me Cheesy Cheesy (I have been playing guitar for over 40 years).

ok Spexx, I believe your guitar skill is more experienced than compiling m7m minerd.  Cheesy
full member
Activity: 196
Merit: 100
One thought about your "spare" hosting capacity - a repository for XMG software resources in one place might look more professional than the various places we have atm. I use Dropbox for my distributions, but would prefer to have them hosted on a "named" place for kudos.

I agree. Your website http://cryptomagic.com already contains a "get started" section. Or create a new menu "mining" and next to tutorials put the tools there.
full member
Activity: 196
Merit: 100
Right, having these will be nice, especially the multipool. I have faucet.cryptomagic.com working before, I might bring it up sometime; btw is this one http://multipool.bit.diamonds/ same as the one you posted?

Other provider but same concept.

The provider I mentioned hosts all multipools at http://thepool.pw/

https://bitcointalksearch.org/topic/annmultipool-service-thepoolpw-multipool-733216

Edit: One time fee in 0.75 BTC, not 2 BTC like I stated
sr. member
Activity: 350
Merit: 250
Mining Co-operative

Oh yes. If Brian May keeps practicing, then one day he might be as good as me Cheesy Cheesy (I have been playing guitar for over 40 years).

One thought about your "spare" hosting capacity - a repository for XMG software resources in one place might look more professional than the various places we have atm. I use Dropbox for my distributions, but would prefer to have them hosted on a "named" place for kudos.
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