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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 388. (Read 2375631 times)

newbie
Activity: 4
Merit: 0
 Smiley

Hi, I'm a newbie in mining and I have the following questions:

1.- Approximately how many shares are required to complete a currency?

2.- In mining software I get many accepted shares but in the dashboard only a few, too few. Is this normal?
legendary
Activity: 1750
Merit: 1005
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.

Good work Historical! 🖒
member
Activity: 71
Merit: 10
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


What a reason?   He change pool and you lose big client..     Also with lower hr you will have lower finded blocks and other users will receive lower revenue.


You dont seem to grasp how the block rewards work, even after several people have explained it.
My question was not about algo or pow reward system, but about pool owner behaivor.  

There is a lot of pools and they interested in hashrate bigger than competitors to get more revenue.


this algo worked fine while miners hr was lower or near to the cap limit (after which value drop to ~zero), and now, when more users want to mine, it is problem.
And anyway for solo miners it mean end of any profit.



Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


What a reason?   He change pool and you lose big client..     Also with lower hr you will have lower finded blocks and other users will receive lower revenue.



Is not about losing a big client. It's simply not in the spirit of Magi. Below is the phrase that makes me join Magi this community:

"MAGI puts efforts on removing the competitive nature of mining, and particularly focuses on fairness, cost effective and energy efficiency when issuing coins and maintaining the public ledger and the blockchain system."
Source: http://m-core.org/

That is the definition of Magi. There are hundred of coins where you can show how much power you have.


Forget about fairness...
just for example, i (and not only ) have a lot cpu`s which is low powered for other coins, there is no reason mine bitcoin or etherium  but it good for magi.

look at current network hashrate  (80 Mh/s)  do you really think it is solo miners generate?

After fork problem be solved, we will always have network hash rate more than acceptable limit


full member
Activity: 616
Merit: 100
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


What a reason?   He change pool and you lose big client..     Also with lower hr you will have lower finded blocks and other users will receive lower revenue.



Is not about losing a big client. It's simply not in the spirit of Magi. Below is the phrase that makes me join Magi this community:

"MAGI puts efforts on removing the competitive nature of mining, and particularly focuses on fairness, cost effective and energy efficiency when issuing coins and maintaining the public ledger and the blockchain system."
Source: http://m-core.org/

That is the definition of Magi. There are hundred of coins where you can show how much power you have.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Up to what time will continue uncontrolled connection of users with a mega hash and higher. It seems that all the pools are allowed a maximum of 250 kh. Simple users with personal computers just do not give a chance. Any interest in this coin is lost.  Embarrassed
I apologize for the English Google.

All coins profitable first two-three weeks for regular users, no more. Dont you know?

And now, it's not 3 weeks but 3 years later!
member
Activity: 94
Merit: 10
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


What a reason?   He change pool and you lose big client..     Also with lower hr you will have lower finded blocks and other users will receive lower revenue.


You dont seem to grasp how the block rewards work, even after several people have explained it.
newbie
Activity: 73
Merit: 0
Up to what time will continue uncontrolled connection of users with a mega hash and higher. It seems that all the pools are allowed a maximum of 250 kh. Simple users with personal computers just do not give a chance. Any interest in this coin is lost.  Embarrassed
I apologize for the English Google.

All coins profitable first two-three weeks for regular users, no more. Dont you know?
member
Activity: 71
Merit: 10
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


What a reason?   He change pool and you lose big client..     Also with lower hr you will have lower finded blocks and other users will receive lower revenue.
hero member
Activity: 575
Merit: 502
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.

Great, nice going.
I hope Suprnova will follow and also putt a limit hash rate
member
Activity: 68
Merit: 10
Alternatively, if the hash is exceeded, limit the maximum issuance and issue a warning. If the warning does not work, confiscate in favor of the pool. And the pool is nice and punished by a bad guy.
member
Activity: 96
Merit: 10
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


PERFECT!

EDIT: He still probably has a few workers mining at 400+ khash/sec.
xms
full member
Activity: 223
Merit: 100
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.


wel done
sr. member
Activity: 268
Merit: 252
Anoteher user account @deztroyr1 on POM pool (http://pom.m-hash.com) has been warned many times to lower hash rate on pool.
After some hours, and no reply from user, and according pool rules, I'm going to delete user workers.
newbie
Activity: 12
Merit: 0
That did it. Thanks man!

I believe it's "posii=1", and not "staking=1".
member
Activity: 96
Merit: 10
I don't think Pools are able to maintain the Hash Rate Norm. What is so difficult about it? I can not understand. Probably, a noob programmer can program some "if--then--else" loop to eliminate such ">250kh/s" hash-rate miners.

sr. member
Activity: 490
Merit: 256
How does one stake exactly? I couldn't find any clear instructions. Here's what I've done using m-wallet v1.4.3.0:

  • - Encrypted the wallet.
  • - Unlocked the wallet for staking
  • - Enabled mPoS minting
  • - Added "staking=1" in the magi.conf file

But no matter what, the status is always "Not staking." - What am I missing?

I believe it's "posii=1", and not "staking=1".
You must also have a synced wallet and mature coins.
newbie
Activity: 12
Merit: 0
How does one stake exactly? I couldn't find any clear instructions. Here's what I've done using m-wallet v1.4.3.0:

  • - Encrypted the wallet.
  • - Unlocked the wallet for staking
  • - Enabled mPoS minting
  • - Added "staking=1" in the magi.conf file

But no matter what, the status is always "Not staking." - What am I missing?
member
Activity: 96
Merit: 10
i'm Sorry.. what about exchanges?

Once chain stabilizes, we'll make request.

ok, but all mining are validate?

Yes, all mining on the chain connected to the main node is valid.

What's that? How to connect to the main node? Please guide.
I will be resuming mining back again in a short while.
member
Activity: 68
Merit: 10
Up to what time will continue uncontrolled connection of users with a mega hash and higher. It seems that all the pools are allowed a maximum of 250 kh. Simple users with personal computers just do not give a chance. Any interest in this coin is lost.  Embarrassed
I apologize for the English Google.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
i actually dont get forked now even with listen=1 on. but staking with a few coins like i did back then almost doesnt happen anymore. i think forking is really from staking...
My coins have been staking as hell on testchain, no forking.
I guess forking has something to do with a pool having more than 50% of hashes. (not weed?)
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