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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 124. (Read 2375603 times)

newbie
Activity: 32
Merit: 0

I don't think anyone has accused him of stealing coins directly from peoples wallets. But some do call him a thief. A thief takes property that belongs to someone else. He is not doing that. He has taken a flaw in the Magi client and basically used it to build himself a better miner. Maybe not 100% fair, but certainly not theft. I actually respect his effort. And I'll respect the developer's effort to patch the flaw.

That 23.5 is an average over 28 days, some days it's under 1, 1 day it was over 160! No tricks here, just solo mining at 1Mh. Software is XMGpoolminerWin64 (m-minerd.exe), hardware is 9 dumpster class servers with 2 6-core AMD Opteron 2431 CPUs (2.4 GHz) each. Total power is ~1.8KW.

I am curious about one thing though. The revenue lost, if any, by the pools due to inflated payouts.

For example, an individual has an automatic payout at 1 xmg on minerclaim. That is subject to a fee of 0.05 xmg. Because of "inflation" they are consistently receiving 2+ xmg before the payout occurs.

The cost of wasted bandwidth due to orphan blocks which, depending on the pool (as there are more than just minerclaim)...

The amount of money and/or alternative cryptocurrencies paid out by various exchanges for what could be considered (and has been called) counterfeit coins...

So the term "thief" could apply, albeit loosely.
newbie
Activity: 118
Merit: 0
Calculation for 200Kh/s power in not a long time past
For example, I picked random 5 days period in past without my activity (19.03 - 23.03)
https://i.imgur.com/YdUHZ3r.png
We see avg day values in that period:
Diff = 6,71
Total Net MH/s = 130 (calculated from diff, may mistake a little)
Total POW mined XMG = 300

Those values give avg income per day = 0,46 XMG (300 / 130 * 0.2)
4 days = about 2 XMG

Back to nowdays
tazzz013, your mining result must be atleast 1XMG per day (because of my actions), all you need to do is stay on big pool, not jump between them (minerclaim for example)
And the reason why current POW result of each miner must higher than past here:
Graphic explanation of reason why all POW miners must jump in a frenzy and pray with love when see starting orphan block period:

https://i.imgur.com/IgaNZWP.png


If you not understand it, nothing will help to you)

And about devaluation
I am add 0.06% avg to moneysupply every day. It is not so much in fact that soon dev will fix it.

Thanks for explaining  Problem with Minerclaim is my has rates jump all over the place. never consant
newbie
Activity: 168
Merit: 0
I don't think anyone has accused him of stealing coins directly from peoples wallets. But some do call him a thief. A thief takes property that belongs to someone else. He is not doing that. He has taken a flaw in the Magi client and basically used it to build himself a better miner. Maybe not 100% fair, but certainly not theft. I actually respect his effort. And I'll respect the developer's effort to patch the flaw.

That 23.5 is an average over 28 days, some days it's under 1, 1 day it was over 160! No tricks here, just solo mining at 1Mh. Software is XMGpoolminerWin64 (m-minerd.exe), hardware is 9 dumpster class servers with 2 6-core AMD Opteron 2431 CPUs (2.4 GHz) each. Total power is ~1.8KW.

I will not advice to solo mine exactly in current time, because chance to cacth BIG blocks in 2h period when they awailable is small. But minerclaim pool mine those blocks. Sometimes botnets release the net and those BIG blocks became awailable without me, howbeit.
jr. member
Activity: 82
Merit: 1
DOGEvangelist
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You've been helped by the attacks. Before attacks started I was getting 1-2 coins/day with 1Mh. Vitalik is not taking coins from anybody's wallet, he is just grabbing lots of coins for himself, and we are all getting a lot more coins as well. Over the last 4 weeks, Iv'e averaged 23.5 coins/day Smiley Thank you very much, Vitalik_Pedik!

I never said in any post he was"taking coins for wallets" , just so thats understood!   If your getting 23.5 per day, profit for you.  Explain how cuz I would love that return.

I don't think anyone has accused him of stealing coins directly from peoples wallets. But some do call him a thief. A thief takes property that belongs to someone else. He is not doing that. He has taken a flaw in the Magi client and basically used it to build himself a better miner. Maybe not 100% fair, but certainly not theft. I actually respect his effort. And I'll respect the developer's effort to patch the flaw.

That 23.5 is an average over 28 days, some days it's under 1, 1 day it was over 160! No tricks here, just solo mining at 1Mh. Software is XMGpoolminerWin64 (m-minerd.exe), hardware is 9 dumpster class servers with 2 6-core AMD Opteron 2431 CPUs (2.4 GHz) each. Total power is ~1.8KW.
newbie
Activity: 168
Merit: 0
Calculation for 200Kh/s power in not a long time past
For example, I picked random 5 days period in past without my activity (19.03 - 23.03)
https://i.imgur.com/YdUHZ3r.png
We see avg day values in that period:
Diff = 6,71
Total Net MH/s = 130 (calculated from diff, may mistake a little)
Total POW mined XMG = 300

Those values give avg income per day = 0,46 XMG (300 / 130 * 0.2)
4 days = about 2 XMG

Back to nowdays
tazzz013, your mining result must be atleast 1XMG per day (because of my actions), all you need to do is stay on big pool, not jump between them (minerclaim for example)
And the reason why current POW result of each miner must higher than past here:
Graphic explanation of reason why all POW miners must jump in a frenzy and pray with love when see starting orphan block period:

https://i.imgur.com/IgaNZWP.png

If you not understand it, nothing will help to you)

And about devaluation
I am add 0.06% avg to moneysupply every day. It is not so much in fact that soon dev will fix it.
newbie
Activity: 118
Merit: 0
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You've been helped by the attacks. Before attacks started I was getting 1-2 coins/day with 1Mh. Vitalik is not taking coins from anybody's wallet, he is just grabbing lots of coins for himself, and we are all getting a lot more coins as well. Over the last 4 weeks, Iv'e averaged 23.5 coins/day Smiley Thank you very much, Vitalik_Pedik!

I never said in any post he was"taking coins for wallets" , just so thats understood!   If your getting 23.5 per day, profit for you.  Explain how cuz I would love that return.
newbie
Activity: 23
Merit: 0
I haven't found an understandable answer for me yet on POS.

If I leave my wallet open for staking during the day, but close it at night when I turn off my PC, am I just wasting my time?  Does the staking reset to zero and I am starting over when I reopen in the morning?

Better keep the wallet online, unfortunately coin age is not stopping to count when you turn off your pc, but I think it could be good feature. But as you see the dev is sleeping or smth.

Well, I'm willing to keep my wallet open to support the network while my computer is normally on, but I won't do it at night when it is normally turned off just to make next to nothing in xmg through staking.  Maybe a dev could comment on this?

You can buy cheap SoC and stake with it (they usually have no fans, means no noise, and consuming few watts), just good idea to move filesystem to some external HDD, because microsd cards don't like many rewrites. You can buy Orange pi set on aliexpress for ~15€. I have Orange pi pc, great thing to watch movies in HD format, or even 4k.

Ok, I think I will try a Raspberry Pi wallet.

But to answer my original question, am I completely wasting my time with an open wallet not 24 hrs per day?  Do I lose all my accumulated staking time every night my PC is off?
jr. member
Activity: 82
Merit: 1
DOGEvangelist
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You should not care about my income. It is not your deal.
And how much XMG did you lose, you think? You made 2 xmg in 4 days, how much should it be?

Thought it was a fair question to ask.  You have been upfront with every thing else. 

On average, depending on pool, status of network, etc...  4-8 xmg per day.  Using 2 rigs with 5 RPI's each. 

4-8 XMG/day with 10 RPIs? That was a long time ago my friend.
newbie
Activity: 168
Merit: 0
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You've been helped by the attacks. Before attacks started I was getting 1-2 coins/day with 1Mh. Vitalik is not taking coins from anybody's wallet, he is just grabbing lots of coins for himself, and we are all getting a lot more coins as well. Over the last 4 weeks, Iv'e averaged 23.5 coins/day Smiley Thank you very much, Vitalik_Pedik!

And wait for 30-60 min, I will post a second big proof of it.
jr. member
Activity: 82
Merit: 1
DOGEvangelist
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You've been helped by the attacks. Before attacks started I was getting 1-2 coins/day with 1Mh. Vitalik is not taking coins from anybody's wallet, he is just grabbing lots of coins for himself, and we are all getting a lot more coins as well. Over the last 4 weeks, Iv'e averaged 23.5 coins/day Smiley Thank you very much, Vitalik_Pedik!
newbie
Activity: 118
Merit: 0
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You should not care about my income. It is not your deal.
And how much XMG did you lose, you think? You made 2 xmg in 4 days, how much should it be?

Thought it was a fair question to ask.  You have been upfront with every thing else. 

On average, depending on pool, status of network, etc...  4-8 xmg per day.  Using 2 rigs with 5 RPI's each. 
newbie
Activity: 168
Merit: 0
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 

You should not care about my income. It is not your deal.
And how much XMG did you lose, you think? You made 2 xmg in 4 days, how much should it be?
newbie
Activity: 118
Merit: 0
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?

Hashrate is 200 KH/s   Was on Suprnova until he shut the pool down.  Been using different pools.

i'm sure you could figure out how much since your attack started.

Now my question,  how much have you made?

 
newbie
Activity: 168
Merit: 0
I have made 2 xmg in 4 days.  How much did you make.  
All orphans are created by me, as I said before, forget about orphans.
What is your hashrate? And pool?
And how much XMG did you lose, you think?
newbie
Activity: 118
Merit: 0
Not to mentioned the issue with Magi needs to be fixed as we all are loosing Starmman
What exactly you are losing? How much XMG you loosed in past 24H?

We all lose because of the Devs and your attacks.  I have made 2 xmg in 4 days.  How much did you make.  

337294    2018-05-01 12:15:08    Fee    Orphaned          1799320    0.00511193
337293    2018-05-01 12:15:08    Credit    Orphaned          1799320    1.02238518
337202    2018-05-01 11:49:07    Fee    Orphaned          1799267    0.00495711
337201    2018-05-01 11:49:07    Credit    Orphaned          1799267    0.99142283
337187    2018-05-01 11:41:16    Fee    Orphaned          1799253    0.20108925
337186    2018-05-01 11:41:16    Credit    Orphaned          1799253    40.21785000
337098    2018-05-01 11:41:09    Fee    Orphaned          1799252    0.00419811
337097    2018-05-01 11:41:09    Credit    Orphaned          1799252    0.83962109
336946    2018-05-01 11:20:24    Fee    Orphaned          1799188    0.00464854
336945    2018-05-01 11:20:24    Credit    Orphaned          1799188    0.92970717
336846    2018-05-01 11:11:05    Fee    Orphaned          1799191    0.00548367
336845    2018-05-01 11:11:05    Credit    Orphaned          1799191    1.09673316
336826    2018-05-01 11:02:26    Fee    Orphaned          1799170    0.20108925
336825    2018-05-01 11:02:26    Credit    Orphaned          1799170    40.21785000
336723    2018-05-01 11:02:09    Fee    Orphaned          1799165    0.00481948
336722    2018-05-01 11:02:09    Credit    Orphaned          1799165    0.96389561
336621    2018-05-01 10:25:07    Fee    Orphaned          1799108    0.00404335
336620    2018-05-01 10:25:07    Credit    Orphaned          1799108    0.80866991
336516    2018-05-01 10:02:06    Fee    Orphaned          1799030    0.00573155
336515    2018-05-01 10:02:06    Credit    Orphaned          1799030    1.14631015
336492    2018-05-01 09:57:24    Fee    Orphaned          1799008    0.00161226
336491    2018-05-01 09:57:24    Credit    Orphaned          1799008    0.32245190
336398    2018-05-01 09:57:16    Fee    Orphaned          1799007    0.00042946
336397    2018-05-01 09:57:16    Credit    Orphaned          1799007    0.08589260
336306    2018-05-01 09:33:12    Fee    Orphaned          1798980    0.00009026
336305    2018-05-01 09:33:12    Credit    Orphaned          1798980    0.01805255
newbie
Activity: 102
Merit: 0
I haven't found an understandable answer for me yet on POS.

If I leave my wallet open for staking during the day, but close it at night when I turn off my PC, am I just wasting my time?  Does the staking reset to zero and I am starting over when I reopen in the morning?

Better keep the wallet online, unfortunately coin age is not stopping to count when you turn off your pc, but I think it could be good feature. But as you see the dev is sleeping or smth.

Well, I'm willing to keep my wallet open to support the network while my computer is normally on, but I won't do it at night when it is normally turned off just to make next to nothing in xmg through staking.  Maybe a dev could comment on this?

You can buy cheap SoC and stake with it (they usually have no fans, means no noise, and consuming few watts), just good idea to move filesystem to some external HDD, because microsd cards don't like many rewrites. You can buy Orange pi set on aliexpress for ~15€. I have Orange pi pc, great thing to watch movies in HD format, or even 4k.
newbie
Activity: 168
Merit: 0
Not to mentioned the issue with Magi needs to be fixed as we all are loosing Starmman
What exactly you are losing? How much XMG you loosed in past 24H?
newbie
Activity: 118
Merit: 0
I haven't found an understandable answer for me yet on POS.

If I leave my wallet open for staking during the day, but close it at night when I turn off my PC, am I just wasting my time?  Does the staking reset to zero and I am starting over when I reopen in the morning?

Better keep the wallet online, unfortunately coin age is not stopping to count when you turn off your pc, but I think it could be good feature. But as you see the dev is sleeping or smth.

Well, I'm willing to keep my wallet open to support the network while my computer is normally on, but I won't do it at night when it is normally turned off just to make next to nothing in xmg through staking.  Maybe a dev could comment on this?

I do the same - the only problem I have is when there are windows updates and I don't notice - I need to move onto a Linux wallet solution sometime in the future to counteract that - possibly going to build a docker swam based on a cube of pi's - but need to be motivated enough to put it all together and build the wallets for docker.

Not to mentioned the issue with Magi needs to be fixed as we all are loosing Starmman
legendary
Activity: 1484
Merit: 1029
I haven't found an understandable answer for me yet on POS.

If I leave my wallet open for staking during the day, but close it at night when I turn off my PC, am I just wasting my time?  Does the staking reset to zero and I am starting over when I reopen in the morning?

Better keep the wallet online, unfortunately coin age is not stopping to count when you turn off your pc, but I think it could be good feature. But as you see the dev is sleeping or smth.

Well, I'm willing to keep my wallet open to support the network while my computer is normally on, but I won't do it at night when it is normally turned off just to make next to nothing in xmg through staking.  Maybe a dev could comment on this?

I do the same - the only problem I have is when there are windows updates and I don't notice - I need to move onto a Linux wallet solution sometime in the future to counteract that - possibly going to build a docker swam based on a cube of pi's - but need to be motivated enough to put it all together and build the wallets for docker.
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