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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 280. (Read 2375939 times)

legendary
Activity: 1484
Merit: 1029
Does anybody on here know who controls the subreddit?

It could do with a little update - some links are stale and there is some problem with the backdrop.

The number of subscribers on there has doubled over the last couple of weeks.
legendary
Activity: 1750
Merit: 1005
I would like to share some other thoughts.
I think it would be very good for the future of Magi if we can get more attention for Magi to the growing crypto-workd. Because of the huge attention BTC receives at this moment more and more people are starting with Crypto.

New campaigns, articles and other things are needed for that. But not all things are free in Crypto-world. Personal i donated more than 100k xmg for promotions & campaigns. I hope our awesome Magi community would help with some crowdfunding to achieve new campaigns & promotions. Like a cool give-away or something else.
If you like to support Magi check the btc address in my profile or the xmg address in my signature.
Because i'am promoting Magi for more than 3 years now,
i dare to ask this. Thanks for reading!


Hey, I'll see if I can get something together over the next few days, I'm still not a massive holder - but every little helps right?
Yes thats right. Thanks Starmman
legendary
Activity: 1484
Merit: 1029
Hey.
How many coins are needed to start mining?
and how to install a purse on the Raspberry?

You dont need coins to mine - but you do to stake - You'll need at least 100, the more the better - I stake in blocks of 500

https://www.reddit.com/r/coinmagi/comments/7bx1ws/magi_coin_wallet_on_raspberry_pi/
legendary
Activity: 1484
Merit: 1029
I would like to share some other thoughts.
I think it would be very good for the future of Magi if we can get more attention for Magi to the growing crypto-workd. Because of the huge attention BTC receives at this moment more and more people are starting with Crypto.

New campaigns, articles and other things are needed for that. But not all things are free in Crypto-world. Personal i donated more than 100k xmg for promotions & campaigns. I hope our awesome Magi community would help with some crowdfunding to achieve new campaigns & promotions. Like a cool give-away or something else.
If you like to support Magi check the btc address in my profile or the xmg address in my signature.
Because i'am promoting Magi for more than 3 years now,
i dare to ask this. Thanks for reading!


Hey, I'll see if I can get something together over the next few days, I'm still not a massive holder - but every little helps right?
sr. member
Activity: 1778
Merit: 305
Hey.
How many coins are needed to start mining?
and how to install a purse on the Raspberry?
legendary
Activity: 1750
Merit: 1005
Interesting concept, first time I saw this and got impressed by the overall plans and things that were already executed for this coin. Are there any tangible whitepapers and roadmaps that I can check on this. This is truly some interesting concepts put here.
Welcome benedictonathan! Thanks for your post.
Yes you can check lots of info here: https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170
Or here: http://www.m-core.org/getting-started/
https://roadmap.coinmagi.org/
sr. member
Activity: 616
Merit: 250
Interesting concept, first time I saw this and got impressed by the overall plans and things that were already executed for this coin. Are there any tangible whitepapers and roadmaps that I can check on this. This is truly some interesting concepts put here.
legendary
Activity: 1750
Merit: 1005
I would like to share some other thoughts.
I think it would be very good for the future of Magi if we can get more attention for Magi to the growing crypto-workd. Because of the huge attention BTC receives at this moment more and more people are starting with Crypto.

New campaigns, articles and other things are needed for that. But not all things are free in Crypto-world. Personal i donated more than 100k xmg for promotions & campaigns. I hope our awesome Magi community would help with some crowdfunding to achieve new campaigns & promotions. Like a cool give-away or something else.
If you like to support Magi check the btc address in my profile or the xmg address in my signature.
Because i'am promoting Magi for more than 3 years now,
i dare to ask this. Thanks for reading!
legendary
Activity: 1750
Merit: 1005
Hello again,

I have read paper by Joe that says optimal network hash rate is 48 mh/s, however cuurent rate is much higher. Is there a method that lowers this rate, or we assume some miners will leave, reducing the rate?
Some miners will leave because the blockrewards will be lower when big hashrate will join in. If i'am correct Joe posted some time ago he will work on improvements and developments about this & more.
newbie
Activity: 5
Merit: 0
Hello again,

I have read paper by Joe that says optimal network hash rate is 48 mh/s, however cuurent rate is much higher. Is there a method that lowers this rate, or we assume some miners will leave, reducing the rate?
newbie
Activity: 27
Merit: 0
Wow wow wow. Good thing i discovered Magi when it started and good thing I made a backup of my wallet in a cloud storage before my PC got busted. though not as much as most of us here it still is an amount that puts a smile on my face. Hopefully it goes straight up. Smiley
legendary
Activity: 1484
Merit: 1029
Hey kids, just dropped in to see if the current madness has made CPU mining back into a thing.  Oh hell, let's get to the point..  THREADRIPPER IS A MONSTER, AT 3.8 GHZ I GET 460 kh/s AND COULD MINE AT 4.1 GH EAZY!

...but I won't.  Although the lure of a whole 3-4 dollars a day is enticing, I think I'll be having my baby crunch away at something a bit more rewarding.... 3D psychedelic fractal videos for the music industry.

I'd just like to thank the Dev because mining Magi in no small part got me the $150 in 1 sat shit-coins that became the long-shot bet (Ldoge!) that became this beautiful chip, board and ram.  In all seriousness, my thanks. 


Haha, congratulations at getting your hardware - LDOGE is always worth a bet - I still have a few million of those waiting to piggyback on the next DOGE pump. Price is down to 1sat again now
newbie
Activity: 41
Merit: 0
Hey kids, just dropped in to see if the current madness has made CPU mining back into a thing.  Oh hell, let's get to the point..  THREADRIPPER IS A MONSTER, AT 3.8 GHZ I GET 460 kh/s AND COULD MINE AT 4.1 GH EAZY!

...but I won't.  Although the lure of a whole 3-4 dollars a day is enticing, I think I'll be having my baby crunch away at something a bit more rewarding.... 3D psychedelic fractal videos for the music industry.

I'd just like to thank the Dev because mining Magi in no small part got me the $150 in 1 sat shit-coins that became the long-shot bet (Ldoge!) that became this beautiful chip, board and ram.  In all seriousness, my thanks. 
legendary
Activity: 1484
Merit: 1029
Wow, BTC is up to over 10k

That also puts Magi to is highest market cap at $2.75m =)

Happy Wednesday
full member
Activity: 343
Merit: 102
Hello all,

I am new to mining. I have started mining using a pool and see these numbers "Est. Shares this round: XXXXXX (done YYY.YY%)." What are the reasons of the percentage continuously being over 100%? This seems to me, that the mining is inefficient. Sorry if my English is bad.

Thank you,

akkon

the last upgrade changed some parameters to Pos and Pow which is making estimates overblown. It should be corrected on the next upgrade but for now it will display wrong values. It is similar in all pools. value i think is 4x higher than it should be.
newbie
Activity: 5
Merit: 0
Hello all,

I am new to mining. I have started mining using a pool and see these numbers "Est. Shares this round: XXXXXX (done YYY.YY%)." What are the reasons of the percentage continuously being over 100%? This seems to me, that the mining is inefficient. Sorry if my English is bad.

Thank you,

akkon
legendary
Activity: 1750
Merit: 1005
Magi is 3 years old now & will only get better!
In Mai this year Magi was around 30 cent only for one hours or so.
I missed that opportunity, I would definitely have sold all my Magi for that price.
Nowadays Magi is almost 35 cent and no one wants to sell their Magi, including me.
Very strange  Cry


Yes thats right. Might be because people knows Magi continues being a long-term currency. Magi has still moments and than suddenly awesome improvements show up. After that value will raise step by step followed with the next still period. And so on & on. Roadmap shows great developments so people has no rush selling their XMG.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Magi is 3 years old now & will only get better!
In Mai this year Magi was around 30 cent only for one hours or so.
I missed that opportunity, I would definitely have sold all my Magi for that price.
Nowadays Magi is almost 35 cent and no one wants to sell their Magi, including me.
Very strange  Cry

legendary
Activity: 1750
Merit: 1005
Looks like volume is  a lot better on Bittrex now!
Yes, it's a nice day. Selling some, buying some.
No high profit, but okay!
Cool. Btw do you all know a currency named ADA?
Hear some birds about new huge coin coming!
It's a bittrex coin, only be pumped by bittrex.
Oh really hmm. Found this : https://www.xrpchat.com/topic/2490-will-japan-take-over-game-credits-with-ada-coins/
or here : https://bitcointalk.org/index.php?topic=2216427.new#new
Yes never heard of it before. Same devs as ETH?
There are so many coins these days.
Magi is 3 years old now & will only get better!
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Looks like volume is  a lot better on Bittrex now!
Yes, it's a nice day. Selling some, buying some.
No high profit, but okay!
Cool. Btw do you all know a currency named ADA?
Hear some birds about new huge coin coming!
It's a bittrex coin, only be pumped by bittrex.
Oh really hmm. Found this : https://www.xrpchat.com/topic/2490-will-japan-take-over-game-credits-with-ada-coins/
or here : https://bitcointalk.org/index.php?topic=2216427.new#new
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