Author

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 266. (Read 2375939 times)

member
Activity: 84
Merit: 19
Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...


What SBC's you running?
I have 5 RPI3 running off 100% solar.
Was thinking of trying a ODROID-XU4 Octa-Core, anyone try that board?

Just 2 Raspberry pi3's
and 2 Rpi Zero and 2 Rpi Zero Wireless

Thinking of going full solar but up here in Scotland i'd need to run it of battery 20h a day during winter... More cost effective for me to run it from the mains at this point in time.

I hear you on the solar cost.
Only reason I'm doing it is I have 1200 watts of panels already up from another project.
Not that XMG will make me wealthy but hey, it's a fun project...
legendary
Activity: 1750
Merit: 1005
Good to see the Magi community is very active when something is up. 👍
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Also, this is all because of the PoW / PoS rule. This rule is kinda dumb, especially for a coin that wants to be energy efficient. The issue is that PoW miners spend most of their time mining for nothing right now, because their blocks will simply be rejected even if they found one. It also makes the coin a lot more fragile as we can all see today. This rule should just be removed.

I think the new rule works much better than the rules in the past.
So don't remove, but adjust to prevent these situations please.
member
Activity: 84
Merit: 19
Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...


What SBC's you running?
I have 5 RPI3 running off 100% solar.
Was thinking of trying a ODROID-XU4 Octa-Core, anyone try that board?
I've been trying to mine XMG with XU4s. They give me about 24khash/s each, running at ~11W. I suppose that's pretty good but atm I got them working at mining some other CPU coin.
https://imgur.com/a/ynxSH <--- my 12 XU4Q rig
That's a good hash rate, nice rig by the way!
What coin are you on now?
newbie
Activity: 1
Merit: 0
I suppose that's pretty good but atm I got them working at mining some other CPU coin.

What other profitable CPU coins are there right now?
member
Activity: 133
Merit: 15
Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...


What SBC's you running?
I have 5 RPI3 running off 100% solar.
Was thinking of trying a ODROID-XU4 Octa-Core, anyone try that board?

Just 2 Raspberry pi3's
and 2 Rpi Zero and 2 Rpi Zero Wireless

Thinking of going full solar but up here in Scotland i'd need to run it of battery 20h a day during winter... More cost effective for me to run it from the mains at this point in time.
newbie
Activity: 31
Merit: 0
Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...


What SBC's you running?
I have 5 RPI3 running off 100% solar.
Was thinking of trying a ODROID-XU4 Octa-Core, anyone try that board?
I've been trying to mine XMG with XU4s. They give me about 24khash/s each, running at ~11W. I suppose that's pretty good but atm I got them working at mining some other CPU coin.
https://imgur.com/a/ynxSH <--- my 12 XU4Q rig
member
Activity: 84
Merit: 19
Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...


What SBC's you running?
I have 5 RPI3 running off 100% solar.
Was thinking of trying a ODROID-XU4 Octa-Core, anyone try that board?
member
Activity: 133
Merit: 15
Well since their is no use mining for the moment...:

I'm taking the downtime to update and power down my SBC's clean logs and other housekeeping duties...

Then rearrange them into a more suitable layout for powering and blowing the dust and cobwebs off them...

member
Activity: 133
Merit: 15
urgh!

Been trying to get enough weight on my 60xmg to stake for a week now...
and today's debacle has taken be from 184 down to 181 in the past 3 hours Cry Cry


ahh feeling better...
newbie
Activity: 11
Merit: 0
something wrong? need to shutdown the pool?

Someone just lost their shame and started mining blocks for the future with no restrain. Not sure if pools running with the supposed rules (2 PoS blocks between PoW, or 10 minutes) will have any possibilities at the moment. Problem is the longer this situation stays, the more it will take for it to fade away (current mined block is almost 2 hours in the future: if problem were solved now, we still would have to wait 2 hours to mine anything).

Yup, luckily there's a "safeguard" that prevents the network from accepting blocks that are more than 2 hours in the future, so it won't go much further. I just don't understand why staking doesn't work yet.

Also, this is all because of the PoW / PoS rule. This rule is kinda dumb, especially for a coin that wants to be energy efficient. The issue is that PoW miners spend most of their time mining for nothing right now, because their blocks will simply be rejected even if they found one. It also makes the coin a lot more fragile as we can all see today. This rule should just be removed.
newbie
Activity: 86
Merit: 0
I see. Lots of rejection message. I shut down the pools now.

[Pool]      [magicoin] (Thread 3) Daemon instance 0 rejected a supposedly valid block
sr. member
Activity: 490
Merit: 256
something wrong? need to shutdown the pool?

Someone just lost their shame and started mining blocks for the future with no restrain. Not sure if pools running with the supposed rules (2 PoS blocks between PoW, or 10 minutes) will have any possibilities at the moment. Problem is the longer this situation stays, the more it will take for it to fade away (current mined block is almost 2 hours in the future: if problem were solved now, we still would have to wait 2 hours to mine anything).
newbie
Activity: 86
Merit: 0
something wrong? need to shutdown the pool?
sr. member
Activity: 490
Merit: 256
For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..


we've shutdown m7m algo on zpool as all it was spewing was rejects.
Thanks for the info. Dev is working on it!

Just take a look at https://chainz.cryptoid.info/xmg/. Easy to see what the problem is: where are those PoS blocks or 10 minutes in between? I wonder if someone is finally doing something about this. I already reported this situation before, although it was not as blatant as it is now.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..


we've shutdown m7m algo on zpool as all it was spewing was rejects.
Thanks for the info. Dev is working on it!

Problem started from block   1596725.
legendary
Activity: 1750
Merit: 1005
For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..


we've shutdown m7m algo on zpool as all it was spewing was rejects.
Thanks for the info. Dev is working on it!
legendary
Activity: 3556
Merit: 1126
For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..


we've shutdown m7m algo on zpool as all it was spewing was rejects.
full member
Activity: 239
Merit: 100
For me its look like Suprnova and Minerclaim gets DDosd and someone with a big Hashrate claims the coins.. because its not zpool..

maybe something like selfish mining



legendary
Activity: 1484
Merit: 1029
I remeber magi was delisted from polo, can you tell me why? low volume? It looks like a very solid project to me.
Polo never gave us a reason - we had low volume about 3 months before the delisting, following that volume was really high and we were hitting lots of highs in terms of cap and volume.

I think the reason was (greed) due to limited capacity and they decided to remove their coins with the lowest market cap to make way for coins with a higher cap.

Polo actually did worse out of the delisting than Magi. The result was a lot of people moving away from Polo and towards trex as they removed some very good coins and there was a pump on most of them a day before their announcement making insider trading very likely. A lot of credibility was lost due to the way they handled their purge.

On the flip side, the community rallied around Magi, we got more members on board and volume on Trex has been pretty good since with more highs.
Jump to: