[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 301.

vascrs11

full member

Activity: 504

Merit: 106

Quote from: vervetech on October 15, 2017, 04:17:41 PM

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

Unfortunately, this is the status with the latest version of wallet. Mining with 120Kh returns nothing since the big miners are there waiting to get everything. I like XMG but like most CPU coins the return it’s too low to keep mining. Now you don’t know what the return will be. But I can also understand that modifying wallet so soon it’s not a good idea. The coin is stable again and needs time before any modification.

pmsk

newbie

Activity: 73

Merit: 0

Quote from: FlawlessCheese on October 16, 2017, 09:46:02 AM

Does anyone know why my wallet wont sync, It was synced before but now every time open it nothing happens and it says 0 active connections to the magi network Huh

Add

Code:

connect=104.128.225.215
connect=45.35.251.73

to magi.conf

Copy magi.conf to %appdata%\Magi

Example magi.conf here http://coinmagi.org/bin/example-conf/

FlawlessCheese

newbie

Activity: 46

Merit: 0

Does anyone know why my wallet wont sync, It was synced before but now every time open it nothing happens and it says 0 active connections to the magi network Huh

starmman

legendary

Activity: 1484

Merit: 1029

Answers below

Quote from: mangofarmer on October 15, 2017, 06:24:07 PM

Why :3333? Does it make a difference what port you are running on?
If you are a pool, no, if you are a miner - it must be a port which the pool is listening on - the pool will explain which port(s) is/are are available
How do I work out how many threads my PC can "afford"?
Just increment the thread count and record your hash rate - a but of trial and error - for me 8 was a good number - others are using 16 others only 4
How do I get my shares confirmed? At the mo, in Suprnova they aren´t confirmed and I have no idea how long that normally takes. And once they are, what happens then?
Just wait, you should see some confirmed shares once you hit a threshold or a certain time has passed, after then you can withdraw to your wallet - most setup an auto withdraw function in the pool
Magi is a model that is gonna appeal to many, IMHO, and many are gonna be as dim as me about all of this! I´m happy to help write a Magi FAQ for Dummies if reqd..... Wink

Hope that helps...

fearworms

newbie

Activity: 1

Merit: 0

Are there any bounties / rewards for optimizing the mining code? Or is it just a few emoji's and a pat on the back? Wink

mangofarmer

newbie

Activity: 5

Merit: 0

Quote from: vervetech on October 15, 2017, 09:58:53 PM

and you can just experiment...

Once someone explains it, I definitely can.

Cheers muchly. Sorry to be a pita. Am trying to grasp the fundamentals, and read all 1100* pages of the thread, but this is a learning cliff!

*It will be 1100 before ere long and long before I have read even half of it!

vervetech

newbie

Activity: 17

Merit: 0

3333 is the port of the server you are connecting to from the pool you want to use suprnova its actually 7128, use this link to ensure your putting the right info in: https://xmg.suprnova.cc/index.php?page=gettingstarted

ctrl alt del and choose task manger, then click performance tab and look for the section under the graph that lists logical processors, that gives you how many and you can just experiment...say you have 8 use -t 4 and in theory your CPU utilization should be around 50% when mining. BUT if you have an i7 you can probably switch it up to around 75% utilization and still have a decent amount left for using the computer

Magi shares are confirmed every 120 blocks i believe so once the block count is > 120 blocks above the block your shares were mined in they should become confirmed shares, once they are confirmed they are added to your confirmed amount, then paid out once your confirmed amount of magi exceeds your set payout amount (click your username top right, choose settings, and on that page is your payout threshold and payment address)

mangofarmer

newbie

Activity: 5

Merit: 0

Quote from: vervetech on October 15, 2017, 04:07:18 PM

You dont need the API key mate

also for your miners command line:

minerd.exe -a m7mhash -o stratum+tcp://address.of.pool:3333 -u poolusername.workername -p workerpassword

just pop the address of your chosen pool (usually under help> get started) then your poolusername is your user account on the pool, the workername i believe you have already found and the workerpassword is the password you have set for your worker (dont make this your user account password)

minerd.exe -a m7mhash -o -t 14 stratum+tcp://address.of.pool:3333 -u poolusername.workername -p workerpassword

You can use the above to throttle the miner a bit (note the -t ) if your actively using your PC, mine has 16 threads and i use this one to check my emails so i run it on 14 threads so its not unresponsive when i need to use it

Thx for the reply!

More questions if you don´t mind.

Why :3333? Does it make a difference what port you are running on?

How do I work out how many threads my PC can "afford"?

How do I get my shares confirmed? At the mo, in Suprnova they aren´t confirmed and I have no idea how long that normally takes. And once they are, what happens then?

Magi is a model that is gonna appeal to many, IMHO, and many are gonna be as dim as me about all of this! I´m happy to help write a Magi FAQ for Dummies if reqd..... Wink

pmsk

newbie

Activity: 73

Merit: 0

Quote from: vervetech on October 15, 2017, 04:17:41 PM

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

4 months ago you knew: 43xmg @ 45Mh, 35 xmg @ 55Mh, 20xmg @ 65 Mh. Right now no one know hr/reward model, 1 xmg @ 70 Mh, 1 xmg @ 20Mh. Net hashrate, of cause.

From the other side low reward will not increase value. even 100 000 xmg, mined for 3 months, have no effect on price.

Big miners mine for nothing. Home users without big miners mine for nothing. Good work, joe.

bitekoin

full member

Activity: 518

Merit: 100

Quote from: vervetech on October 15, 2017, 04:17:41 PM

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

Yes I noticed that myself. Kinda wonder why someone would do that, maybe seeing the potential of this coin?

vervetech

newbie

Activity: 17

Merit: 0

Has anyone else noted the big miners are kinda countering the magi model?

they hammer the hash, the reward drops, they hashrate drops by 60% until the reward comes back up and they just re-appear again? so it doesnt really seem to be stopping them. I cant fathom why they are bothering, with the power they have i would think they would be CPU mining monero its alot more profitable with the magi rewards sitting at 1xmg per block for 80% of the time now

vervetech

newbie

Activity: 17

Merit: 0

You dont need the API key mate

also for your miners command line:

minerd.exe -a m7mhash -o stratum+tcp://address.of.pool:3333 -u poolusername.workername -p workerpassword

just pop the address of your chosen pool (usually under help> get started) then your poolusername is your user account on the pool, the workername i believe you have already found and the workerpassword is the password you have set for your worker (dont make this your user account password)

minerd.exe -a m7mhash -o -t 14 stratum+tcp://address.of.pool:3333 -u poolusername.workername -p workerpassword

You can use the above to throttle the miner a bit (note the -t ) if your actively using your PC, mine has 16 threads and i use this one to check my emails so i run it on 14 threads so its not unresponsive when i need to use it

mangofarmer

newbie

Activity: 5

Merit: 0

Quote from: mangofarmer on October 15, 2017, 01:49:24 PM

Quote from: malafaya on October 15, 2017, 01:38:57 PM

Quote from: mangofarmer on October 15, 2017, 11:53:27 AM

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

I don't use Suprnova so I can't be sure if this could be the issue: are you using username.worker as the username parameter in your miner, i.e. -u someuser.someworker? Just the worker name alone won't work.

Yes. In the GUI it has worker or RPC name so I have put in the suprnova username.workername.

I swapped over to minerd and finally got that to work. YAY!! With that tiny molecule of knowledge, I have now also managed to set up cpuminer-qt. Bear in mind this is an absolute first for me so everything that seems blatantly obvious to most of you is a moment of enlightenment here Wink

However, I have one more question for those involved in the cpuminer-qt GUI. Under Mining Pool status, there is a drop down (I have chosen suprnova) and then it asks for a mining pool API key. Cue look of bewilderment and much frantic searching - nada. Could someone please tell me if I need to enter this and what value it should be? Many thanks

fromcoins

full member

Activity: 140

Merit: 101

This project has come along way. Though haven't met up as expected yet did profit for me on the the exchange

mangofarmer

newbie

Activity: 5

Merit: 0

Quote from: malafaya on October 15, 2017, 01:38:57 PM

Quote from: mangofarmer on October 15, 2017, 11:53:27 AM

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

I don't use Suprnova so I can't be sure if this could be the issue: are you using username.worker as the username parameter in your miner, i.e. -u someuser.someworker? Just the worker name alone won't work.

Yes. In the GUI it has worker or RPC name so I have put in the suprnova username.workername.

malafaya

sr. member

Activity: 490

Merit: 256

Quote from: mangofarmer on October 15, 2017, 11:53:27 AM

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

I don't use Suprnova so I can't be sure if this could be the issue: are you using username.worker as the username parameter in your miner, i.e. -u someuser.someworker? Just the worker name alone won't work.

malafaya

sr. member

Activity: 490

Merit: 256

Quote from: scaran on October 15, 2017, 05:44:16 AM

Quote from: malafaya on October 14, 2017, 06:08:10 PM

Quote from: scaran on October 14, 2017, 01:42:12 PM

Quote

Try doing a blockchain rescan by starting the wallet once with the -rescan parameter.

how i can do this? im newbie

Change the shortcut you use to open the wallet and add to the command line -rescan.
Or type in a DOS prompt in the wallet executable dir: m-wallet.exe -rescan

THX man. 13 xmg coin now is on my local wallet

Great! If you changed your shortcut, don't forget to put it back without -rescan. You surely don't want (or need) all that startup delay everytime you start the wallet

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: starmman on October 15, 2017, 10:05:58 AM

Looks like something is happening with the market - quite a bit of volatility

It's just the ninja pump-a-dumper playing with its own coins.

mangofarmer

newbie

Activity: 5

Merit: 0

Complete newbie, pls be gentle!

OK, so I´ve set up suprrnova and downloaded GUI m-cpuminer-qt

I´ve set up a worker and entered username.worker and password

Hit the Start Mining button and I get Stratum authentication failed

Doublechecked workername and pw -correct.

Could it be a port issue with my router?

I soooo wanna mine! Thanks!

starmman

legendary

Activity: 1484

Merit: 1029

Looks like something is happening with the market - quite a bit of volatility

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 301. (Read 2375939 times)