Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 1187. (Read 2375926 times)
The above mentioned is a serious problem. In fact it makes mining for small miners a bad choice, as it is lots cheaper to buy than to mine, and the free miners will continue to keep the price down.
Strange to see miners(are they?) sell XMG at bottom prices of even 2100sat. Seen the time and energy it takes to mine a XMG, they must be selling at a loss.
Anybody got a clue?
Anybody got a clue?
People have access to free CPU in work, so it is all profit!
Exactly, probably some of the big guys with datacenters that idle.
Is just plain stupid. On the other hand for new people buying XMG is it the right time.
Strange to see miners(are they?) sell XMG at bottom prices of even 2100sat. Seen the time and energy it takes to mine a XMG, they must be selling at a loss.
Anybody got a clue?
Anybody got a clue?
People have access to free CPU in work, so it is all profit!
Exactly, probably some of the big guys with datacenters that idle.
Strange to see miners(are they?) sell XMG at bottom prices of even 2100sat. Seen the time and energy it takes to mine a XMG, they must be selling at a loss.
Anybody got a clue?
Anybody got a clue?
People have access to free CPU in work, so it is all profit!
Strange to see miners(are they?) sell XMG at bottom prices of even 2100sat. Seen the time and energy it takes to mine a XMG, they must be selling at a loss.
Anybody got a clue?
Anybody got a clue?
Please use our subreddit to post mining guide and other relevant info, some of them will be collected and placed into wiki so that people can easily find the information.
http://www.reddit.com/r/coinmagi/
I opened up a giveaway thread: http://www.reddit.com/r/coinmagi/comments/2if7g2/200_xmg_giveaway/; post your XMG address to receive free coins.
http://www.reddit.com/r/coinmagi/
I opened up a giveaway thread: http://www.reddit.com/r/coinmagi/comments/2if7g2/200_xmg_giveaway/; post your XMG address to receive free coins.
AS PROMISED, i had spend some free time in the weekend to help a bit to community 
Translation to LITHUANIAN language
any tips appreciated
My XMG : 96v3H8THvaibBrMezgoZJSNUacxXin1LD1
Translation to LITHUANIAN language
any tips appreciated
My XMG : 96v3H8THvaibBrMezgoZJSNUacxXin1LD1
Thanks a lot kl8847; will you be able to post this in your forum, and send me a link?
here we go:
https://bitcointalksearch.org/topic/--812317
still not sure if i placed that thread in the right place..
And here is a tread on lithaunian forum. it's dead a bit, but hope it will expand in the future
no traffic there, but anyway all new comers can read about Coin of Magi http://bitcoinlt.org/diskusijos/viewtopic.php?f=2&t=53
Looks like the bitcointalk link is broken.
I am not sure why moderotors deleting my tread, they did that 3 times.
where i should place it to survive?
Maybe somewhere of your local forum other than bitcointalk
AS PROMISED, i had spend some free time in the weekend to help a bit to community
Translation to LITHUANIAN language
any tips appreciated
My XMG : 96v3H8THvaibBrMezgoZJSNUacxXin1LD1
Translation to LITHUANIAN language
any tips appreciated
My XMG : 96v3H8THvaibBrMezgoZJSNUacxXin1LD1
Thanks a lot kl8847; will you be able to post this in your forum, and send me a link?
here we go:
https://bitcointalksearch.org/topic/--812317
still not sure if i placed that thread in the right place..
And here is a tread on lithaunian forum. it's dead a bit, but hope it will expand in the future
no traffic there, but anyway all new comers can read about Coin of Magi http://bitcoinlt.org/diskusijos/viewtopic.php?f=2&t=53
Looks like the bitcointalk link is broken.
I am not sure why moderotors deleting my tread, they did that 3 times.
where i should place it to survive?
i have a simple question...
besides all this attention for mining
what is the next feature that will be added to give this coin real value?
besides all this attention for mining
what is the next feature that will be added to give this coin real value?
We have primarily focused on the CPU mining so far and will continue this direction. Making XMG CPU minable will differentiate us significantly from many other coins, which should give XMG values. We still have a few important tasks to be done in order to consolidate the CPU mining before we emphasize the real next.
Speaking of the next, we will have PoS-II coming soon, a Tor feature, and may get the anonymous features in the near future. There are a few people from this community working on Android apps and games. A roadmap will be announced once we have clear ideas about these.
major mining progress being made... RESISTANCE!!!
source please, it coming too quickly! AS PROMISED, i had spend some free time in the weekend to help a bit to community
Translation to LITHUANIAN language
any tips appreciated
My XMG : 96v3H8THvaibBrMezgoZJSNUacxXin1LD1
Translation to LITHUANIAN language
any tips appreciated
My XMG : 96v3H8THvaibBrMezgoZJSNUacxXin1LD1
Thanks a lot kl8847; will you be able to post this in your forum, and send me a link?
here we go:
https://bitcointalksearch.org/topic/--812317
still not sure if i placed that thread in the right place..
And here is a tread on lithaunian forum. it's dead a bit, but hope it will expand in the future
no traffic there, but anyway all new comers can read about Coin of Magi http://bitcoinlt.org/diskusijos/viewtopic.php?f=2&t=53
Looks like the bitcointalk link is broken.
Has any MAGI been converted to XMG yet?
We have had the fist set of coins swapped (5%) since last week; observing price dropping, we will be pausing/reducing swapping amount (no swap done for the 2nd set so far); we may continue to pause the swap if price is not showing any good (swap may not be the only reason of dropping, BTC dropped a lot too, but we will carefully handle the swap anyway). I am mining this coin. It is the first ever altcoin that I mine (I do not count LTC). I think and hope it will succeed, so stashing all I get.
This is exactly the right concept behind Magi.
Are we to forget that majority of the industry didn't really mine bitcoin or litecoin to earn bitcoins. They need coins like Magi to get started since its more cost effective.
Magi was ranging 0.0009 - 0.00001 XMG/BTC as it still is finding its floor but it seems it has found it at some degree.
I am mining this coin. It is the first ever altcoin that I mine (I do not count LTC). I think and hope it will succeed, so stashing all I get.
major mining progress being made... RESISTANCE!!!
@IMJim
Try this, i am curios..
Try this, i am curios..
Code:
start /min /belownormal /affinity 1 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 2 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 4 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 8 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 10 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 20 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 40 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 80 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
Had this running for about 50 minutes now. Seems everything is pretty much the same as far as CPU temp and hashrate, currently showing 54 in my dashboard.
Will do bud, will let you know in a few.......thanks!
@IMJim
Try this, i am curios..
Try this, i am curios..
Code:
start /min /belownormal /affinity 1 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 2 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 4 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 8 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 10 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 20 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 40 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
start /min /belownormal /affinity 80 minerd.exe -a m7mhash -o stratum+tcp://mine2.magi.nonce-pool.com:4090 -u user -p xxx -t 1
Am I correct in my thought that this can all be ran with a single batch file?
Here is my startup batch file on four cores for your guidance:-
@echo off
start /min /low /affinity 0x7 minerd --url stratum+tcp://mine2.magi.nonce-pool.com:4090 --user Spexx.Spexx2 --pass stratocaster --threads 1 --quiet
start /min /low /affinity 0xb minerd --url stratum+tcp://mine2.magi.nonce-pool.com:4090 --user Spexx.Spexx3 --pass stratocaster --threads 1 --quiet
start /min /low /affinity 0xd minerd --url stratum+tcp://xmg.suprnova.cc:7127 --user Spexx.Spexx --pass stratocaster --threads 1 --quiet
start /min /low /affinity 0xe minerd --url stratum+tcp://xmg.suprnova.cc:7127 --user Spexx.Spexx1 --pass stratocaster --threads 1 --quiet
exit
... well this is the simple version anyways. I am working on another version which incorporates automatic fail-over in the event of a pool going off the air. It's a mess at the moment and not fit for human consumption
Thanks man, this last post was especially helpful and got me up and running. A bit surprised at how difficult this coin is to mine, was mining a different coin that appears to be much more profitable looking at the numbers so i may have to switch back but will let this run for a couple days or so and see how she goes. I've also got a decent amount of Magi coming back to me after the swap too as I mined it for some time before the change over.
I seem to be hashing at around 55-65 kh/s so that looks pretty good.
Setup 8 different workers as you suggested but curious why this squeezes a bit more out of it? Would this be true for any coin one is mining with multiple miners? I assume it has to do with difficulty being set for each worker is a bit less on average doing it this way?
Anyways bud, many thanks for your help today and I hope you got some good rest!
i have a simple question...
besides all this attention for mining
what is the next feature that will be added to give this coin real value?
besides all this attention for mining
what is the next feature that will be added to give this coin real value?
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