As the result of this the daily staking reward halves, 5 instead of 10 XMG for every 100K.
Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 286. (Read 2375939 times)
Is this normal, these staking failures ?
As the result of this the daily staking reward halves, 5 instead of 10 XMG for every 100K.
As the result of this the daily staking reward halves, 5 instead of 10 XMG for every 100K.
Could anyone ELI5 what weight is?
If you are referring to weight as in "Not enought weight" with POSII (Proof Of Stake) then it's the age of the coin you have in your wallet.
In short, it's how old the coins you currently having in your wallet in form of confirms.
With enough age (weight) of the coins, you start to produces POS blocks with in term means by holding you coins in the wallet, you get an small amount of coins just for holding coins in your wallet, open and running.
So in short weight means with weight you produces a small amount of coins via Proof Of Stake (POS) depending on coin age.
Examble of block #1559828 which is POS block - https://chainz.cryptoid.info/xmg/block.dws?1559828.htm
The wallet contain an amount of 447.0266122 XMG with enough weight to generate 0.01237373 XMG
Hope this is good enough explanation
Thank you for the explanation.
In you example how long does it take to the wallet with 447.0266122 XMG generate 0.01237373 XMG?
I don't have an good explanation on how long it will take before that happen.
You could hover with your mouse over the stake icon in the wallet and that will tell you when your coins is ready is going to stake.
Could anyone ELI5 what weight is?
If you are referring to weight as in "Not enought weight" with POSII (Proof Of Stake) then it's the age of the coin you have in your wallet.
In short, it's how old the coins you currently having in your wallet in form of confirms.
With enough age (weight) of the coins, you start to produces POS blocks with in term means by holding you coins in the wallet, you get an small amount of coins just for holding coins in your wallet, open and running.
So in short weight means with weight you produces a small amount of coins via Proof Of Stake (POS) depending on coin age.
Examble of block #1559828 which is POS block - https://chainz.cryptoid.info/xmg/block.dws?1559828.htm
The wallet contain an amount of 447.0266122 XMG with enough weight to generate 0.01237373 XMG
Hope this is good enough explanation
Thank you for the explanation.
In you example how long does it take to the wallet with 447.0266122 XMG generate 0.01237373 XMG?
Magi is mentioned in the news again
http://uk.businessinsider.com/ico-cryptocurrency-pump-and-dump-telegram-2017-11?r=US&IR=T
All coins get pumped and dumped, who knows a coin which has not been p&d already?http://uk.businessinsider.com/ico-cryptocurrency-pump-and-dump-telegram-2017-11?r=US&IR=T
I guess our guy has found a better coin to pump (or he is out of BTC)
A pump every four days sounds like an expensive operation
But lucky you guys here to have someone do that. He must have been deeply in love with MAGI! 
N-Engine Multi Pool Server
MAGI is still on our pool!
http://pool.n-engine.com
- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)
Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.
No more fee, more coin for YOU!
Happy FREE mining !
Main Pool url : http://pool.n-engine.com
You can follow us @Twitter : https://twitter.com/NeCrypto
Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com
MAGI is still on our pool!
http://pool.n-engine.com
- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)
Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.
No more fee, more coin for YOU!
Happy FREE mining !
Main Pool url : http://pool.n-engine.com
You can follow us @Twitter : https://twitter.com/NeCrypto
Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com
https://crypto.n-engine.com/site/mining
Direct link for mining XMG
https://twitter.com/Coin_Magi_XMG/status/931664558590234624
Haha 'Explain like I'm 5', thought it was something technical, I'm obviously not down with the kids...
Haha lol. Know what you mean Starmman. Are we getting old already?😆
Haha 'Explain like I'm 5', thought it was something technical, I'm obviously not down with the kids...
Thanks ex33s!
http://coinmarketcal.com/?form%5Bmonth%5D=&form%5Byear%5D=&form%5Bcoin%5D=Magi+%28XMG%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Nice 24 votes already!
Nice =) Added my vote - I'm travelling the next week so will be in a few hotels - so should be able to make about 4-5 more votes too, if needed. http://coinmarketcal.com/?form%5Bmonth%5D=&form%5Byear%5D=&form%5Bcoin%5D=Magi+%28XMG%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Nice 24 votes already!
Thanks ex33s!
Nice 24 votes already!
I'm sorry, I have not read the branch for a long time. Also voted. Validation (27 votes) Nice 24 votes already!
Thanks ex33s!
Nice 24 votes already!
I'm sorry, I have not read the branch for a long time. Also voted. Validation (27 votes) Nice 24 votes already!
Thanks ex33s!
http://coinmarketcal.com/?form%5Bmonth%5D=&form%5Byear%5D=&form%5Bcoin%5D=Magi+%28XMG%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Nice 24 votes already!
http://coinmarketcal.com/?form%5Bmonth%5D=&form%5Byear%5D=&form%5Bcoin%5D=Magi+%28XMG%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Nice 24 votes already!
Could anyone ELI5 what weight is?
If you are referring to weight as in "Not enought weight" with POSII (Proof Of Stake) then it's the age of the coin you have in your wallet.
In short, it's how old the coins you currently having in your wallet in form of confirms.
With enough age (weight) of the coins, you start to produces POS blocks with in term means by holding you coins in the wallet, you get an small amount of coins just for holding coins in your wallet, open and running.
So in short weight means with weight you produces a small amount of coins via Proof Of Stake (POS) depending on coin age.
Examble of block #1559828 which is POS block - https://chainz.cryptoid.info/xmg/block.dws?1559828.htm
The wallet contain an amount of 447.0266122 XMG with enough weight to generate 0.01237373 XMG
Hope this is good enough explanation
Meaning in simple words what weight means..
sorry, there are a lot of bots spamming the forum so odd questions get missed.
I don't understand what your question about. What is ELI5?
.....
Thanks amigo. Can you also mine other coins and get paid in XMG?
Thanks amigo. Can you also mine other coins and get paid in XMG?
I will take a look about that
.....
Thanks amigo. Can you also mine other coins and get paid in XMG?
Thanks amigo. Can you also mine other coins and get paid in XMG?
I will take a look about that
N-Engine Multi Pool Server
MAGI is still on our pool!
http://pool.n-engine.com
- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)
Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.
No more fee, more coin for YOU!
Happy FREE mining !
Main Pool url : http://pool.n-engine.com
You can follow us @Twitter : https://twitter.com/NeCrypto
Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com
MAGI is still on our pool!
http://pool.n-engine.com
- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)
Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.
No more fee, more coin for YOU!
Happy FREE mining !
Main Pool url : http://pool.n-engine.com
You can follow us @Twitter : https://twitter.com/NeCrypto
Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com
Good work dev.
Jump to: