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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 326. (Read 2375622 times)

full member
Activity: 276
Merit: 100
Still nothing from Yobit also :-(

They just don't reply (at all).
Not on email, not on support tickets, not by twitter...
full member
Activity: 210
Merit: 100
any news with suprnova xmg pool?

 
member
Activity: 71
Merit: 10
This is one of few cryptonote coin left. If those guys with big mining farm come in now as we can see them doing recently, all the small miners are going to be sidestepped! How do we protect loyal CPU miners?
Good question. Thats very difficult. During this period Magi has a unique blockreward system what will drop the when huge miners join in. If the small miners wait for the big miners to leave the blockreward will go up.
Only reason why huge miner would stay if they have free power so they have profit with low blockreward. Other huge miners don't get enough coins to give them profits.
They will leave and mine other coins.


Setup fast switch between coins automatically ,when block value grow - switch to magi, become low - go other coins.  There is no real chance for small miners get a lot coins. Just deal with it.
If someone have 1 device and other have 100,  man who have 100 will get x100 time more profit. 
legendary
Activity: 1750
Merit: 1005
This is one of few cryptonote coin left. If those guys with big mining farm come in now as we can see them doing recently, all the small miners are going to be sidestepped! How do we protect loyal CPU miners?
Good question. Thats very difficult. During this period Magi has a unique blockreward system what will drop the when huge miners join in. If the small miners wait for the big miners to leave the blockreward will go up.
Only reason why huge miner would stay if they have free power so they have profit with low blockreward. Other huge miners don't get enough coins to give them profits.
They will leave and mine other coins.

full member
Activity: 518
Merit: 100
This is one of few cryptonote coin left. If those guys with big mining farm come in now as we can see them doing recently, all the small miners are going to be sidestepped! How do we protect loyal CPU miners?
member
Activity: 115
Merit: 10
value is gonna explode in to another universe s00n
full member
Activity: 276
Merit: 100
Just wauw... 11MH/s
I have to really try hard to even reach 1MH.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Hmm... The longer reward adjustment period is kinda helping big farms and bots only mining this coin when rewards are high more. Prices are also taking a hit. really need to speed up adjustment period if no other new rules will be added to at least make it hard for them to catch up.
There was the adjustment from fast swing in block rewards to utilizing moving average in order to get smooth variations with a cost of slow response; it was surely for solving the fast swing problem. That results in the current form. But I'd take cautions on guessing and wouldn't go a conclusion of one or another either.
i see. well the recent change in rules for pos and pow blocks i think have extended the response time. before the update it was much faster than what it is now. it gives the big hash guys time to jump in and out. at least thats what i think. too long is not so good but you are right too short is also bad.
I agree, the big ones are back. So it must be profitable again.


newbie
Activity: 51
Merit: 0
Cтaтyc: 0/нe пoдтвepждeнo
Дaтa: 21.09.2017 23:14
Для: 95ohEvHNWh16KKdcBu7DRhN9dD3qzLEqsY
Дeбeт: -6.00 XMG
Кoмиccия: -0.0001 XMG
Чиcтaя cyммa: -6.0001 XMG
ID тpaнзaкции: 00d2df233a7cb7a1cc1c21d0a0c6c50822f211efdbea28ffa0ab6ea5db49851b

WTF?
full member
Activity: 343
Merit: 102
Hmm... The longer reward adjustment period is kinda helping big farms and bots only mining this coin when rewards are high more. Prices are also taking a hit. really need to speed up adjustment period if no other new rules will be added to at least make it hard for them to catch up.

There was the adjustment from fast swing in block rewards to utilizing moving average in order to get smooth variations with a cost of slow response; it was surely for solving the fast swing problem. That results in the current form. But I'd take cautions on guessing and wouldn't go a conclusion of one or another either.

i see. well the recent change in rules for pos and pow blocks i think have extended the response time. before the update it was much faster than what it is now. it gives the big hash guys time to jump in and out. at least thats what i think. too long is not so good but you are right too short is also bad.

anyone able to stake i havent been able to stake for a while and i have 600 weight now...
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Hmm... The longer reward adjustment period is kinda helping big farms and bots only mining this coin when rewards are high more. Prices are also taking a hit. really need to speed up adjustment period if no other new rules will be added to at least make it hard for them to catch up.

There was the adjustment from fast swing in block rewards to utilizing moving average in order to get smooth variations with a cost of slow response; it was surely for solving the fast swing problem. That results in the current form. But I'd take cautions on guessing and wouldn't go a conclusion of one or another either.
newbie
Activity: 23
Merit: 0
crypto interesting but too penalizing. Why lose money and profit because other big farms and bots are too greedy ...

it would be wise to set a maximum quota of hashpower worker / pool or .. but not network
full member
Activity: 343
Merit: 102
Hmm... The longer reward adjustment period is kinda helping big farms and bots only mining this coin when rewards are high more. Prices are also taking a hit. really need to speed up adjustment period if no other new rules will be added to at least make it hard for them to catch up.
sr. member
Activity: 438
Merit: 250
Newbie here.

Does anyone have an idea why my coins won't stake? I've tried moving them to various addresses and letting them re-weight themselves, but nothing happens. (The wallet is unlocked for staking, btw.)
https://imgur.com/a/CDBKS

Thanks for your help!

do u have

posii=1


in magi.conf ?
newbie
Activity: 2
Merit: 0
Newbie here.

Does anyone have an idea why my coins won't stake? I've tried moving them to various addresses and letting them re-weight themselves, but nothing happens. (The wallet is unlocked for staking, btw.)
https://imgur.com/a/CDBKS

Thanks for your help!
newbie
Activity: 20
Merit: 0
good day because now the rewards are low and not high, the first two days after the update was well 3/4 parts of the day 42 xmg and now 3/4 parts of the day 2 xmg? not balanced can explain me thanks
sr. member
Activity: 490
Merit: 256
when i mining solo, how i can see my total hashrate?


You can use the command:


setgenerate true

in console of the wallet

then use: getmininginfo

and see ur hashespersec



{
"blocks" : 1487211,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 2.54764295,
"proof-of-stake" : 0.00458027,
"search-interval" : 0
},
"blockvalue" : {
"difficulty-V2" : 3.29818577,
"blockvalue" : 4.80284231
},
"netmhashps" : 42.76741510,
"netstakeweight" : 220982.64165712,
"errors" : "",
"pooledtx" : 3,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"Expected PoS (seconds)" : 0,
"stakeinterest" : 0.01391746,
"testnet" : false,
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 8777, ------- 87K ?"
networkhashps" : 42767415,
"testnet" : false
}



8.7K

well, is very rare, whe i mining on pool, my hashrate is about 180K (are 3 xeon) but.. mining solo.. is only 8.7K ??  Huh Huh

From my experience, that's just the wallet's internal miner's hashrate (enabled with "setgenerate true"). When mining with external software (the "normal" way), it doesn't show up in that info.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Is there a possibilty of a report in Bittrex, where you can see how much coins are sold today
and how much are bought?
full member
Activity: 224
Merit: 100
when i mining solo, how i can see my total hashrate?


You can use the command:


setgenerate true

in console of the wallet

then use: getmininginfo

and see ur hashespersec



{
"blocks" : 1487211,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 2.54764295,
"proof-of-stake" : 0.00458027,
"search-interval" : 0
},
"blockvalue" : {
"difficulty-V2" : 3.29818577,
"blockvalue" : 4.80284231
},
"netmhashps" : 42.76741510,
"netstakeweight" : 220982.64165712,
"errors" : "",
"pooledtx" : 3,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"Expected PoS (seconds)" : 0,
"stakeinterest" : 0.01391746,
"testnet" : false,
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 8777, ------- 87K ?"
networkhashps" : 42767415,
"testnet" : false
}



8.7K

well, is very rare, whe i mining on pool, my hashrate is about 180K (are 3 xeon) but.. mining solo.. is only 8.7K ??  Huh Huh
full member
Activity: 190
Merit: 100
GET IN - Smart Ticket Protocol - Live in market!
Getmininginfo in your wallet console



14:24:33

getmininginfo


14:24:33

{
"blocks" : 1487201,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 2.52966754,
"proof-of-stake" : 0.00556937,
"search-interval" : 0
},
"blockvalue" : {
"difficulty-V2" : 3.24136057,
"blockvalue" : 6.12354225
},
"netmhashps" : 43.26323070, ------this is my hashrate?
"netstakeweight" : 226223.45866069,
"errors" : "",
"pooledtx" : 1,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"Expected PoS (seconds)" : 0,
"stakeinterest" : 0.01415831,
"testnet" : false,
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 43263230,
"testnet" : false
}


That is the Network Hashrate... Hence the net on the prefix.

Your hash is shown next to hashespersec.
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