[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 408.

akuci

full member

Activity: 226

Merit: 100

Quote from: lhedwin on August 25, 2017, 01:44:49 PM

The Max Hashrate per User is 250KH/s

Thanks to 111magic of bitcointalk.org to make this possible!"[/i]

Then go to pool stats and see this:

Contributor Hashrates
Rank    Donor    User Name    KH/s    XMG/Day    BTC/Day
1        smbijan777     3,185    177.859    0.0092
2        anonymous     2,381    132.967    0.0069
3        nsummy     1,463    81.683    0.0042
4        anonymous     1,304    72.803    0.0038
5        hpulgar    1,125    62.848    0.0033
6        sacramouss    1,116    62.312    0.0032
7        anonymous     1,046    58.432    0.0030
8        anonymous     839    46.868    0.0024
9        vichet97     811    45.282    0.0024
10        Windozxpert     804    44.892    0.0023
11        json     600    33.498    0.0017
12        aw1985     572    31.937    0.0017
13        anonymous 484    27.033    0.0014
14        sz1977     460    25.715    0.0013
15        PetroW     430    24.007    0.0012

What a joke!!!!!

Yeah, it's bad for the reputation of the coin, but there are more important things to fix right now I think.

bfons

newbie

Activity: 57

Merit: 0

Quote from: joelao95 on August 23, 2017, 07:33:21 PM

As I received many requests of no-rollback and also many posts here, we will take the majority that we will go on with the chain on 104.128.225.215 as is, NO ROLLBACK. However, I strongly believe the PoW reward needs a reset at this mode before fix is released in the near future, and the number I have in mind is maximum 15 XMG / block. This is a temporary solution so that we keep chain / mining going. I temporarily shut the node down until we make release of the wallet. Please be prepare for the mining which can be done through solo mining. Please ask if you have questions of starting up solo mining. In the meantime, we seek pools like NOMP; few people present help on NOMP. I appreciate this.

I was working on a NOMP node but am not finding that it supports M7M. Anybody else here running a NOMP node for MAGI?

nsummy

full member

Activity: 1179

Merit: 131

Quote from: akuci on August 25, 2017, 01:09:06 PM

Quote from: nsummy on August 25, 2017, 01:06:30 PM

I don't understand why everyone is complaining about the hashrate. I'm new to this coin, and correct me if I am wrong, but isn't it set up in a way which the higher the hashrate, the lower the rewards? The basic economics of supply and demand and opportunity costs should bring the hashrate to a sustainable rate. If the the rewards are too low, people will mine elsewhere, when they are high, they will come back. There is an equilibrium.

Says someone with 1500KH\s.

haha touche, though now I have dropped my hashrate down to 80 Kh/s. It wasn't worth it with the 5 XMG rewards. Economics at work!

lhedwin

member

Activity: 114

Merit: 10

life is simple!

I just see in MinerClaim home page this:

"Today we are happy to announce, we are official member of the 2nd Proof of Mining Campaign!

We are part of this campaign to make mining possible for people they don't have a large anmount of hardware ressources. The PoM campaign is trying to protect the network and to ensure a fair coin distribution.

You can read the Rules at https://bitcointalksearch.org/topic/ann2nd-proof-of-mining-campaign-coin-magi-pos-ii-pommqw-2nd-pool-1095475

The Max Hashrate per User is 250KH/s

Thanks to 111magic of bitcointalk.org to make this possible!"

Then go to pool stats and see this:

Contributor Hashrates
Rank    Donor    User Name    KH/s    XMG/Day    BTC/Day
1        smbijan777     3,185    177.859    0.0092
2        anonymous     2,381    132.967    0.0069
3        nsummy     1,463    81.683    0.0042
4        anonymous     1,304    72.803    0.0038
5        hpulgar    1,125    62.848    0.0033
6        sacramouss    1,116    62.312    0.0032
7        anonymous     1,046    58.432    0.0030
8        anonymous     839    46.868    0.0024
9        vichet97     811    45.282    0.0024
10        Windozxpert     804    44.892    0.0023
11        json     600    33.498    0.0017
12        aw1985     572    31.937    0.0017
13        anonymous 484    27.033    0.0014
14        sz1977     460    25.715    0.0013
15        PetroW     430    24.007    0.0012

What a joke!!!!!

nsummy

full member

Activity: 1179

Merit: 131

Quote from: starmman on August 25, 2017, 01:26:19 PM

Quote from: Apprentice on August 25, 2017, 01:24:48 PM

Is everything working well now? I can see there is almost 1 pool up (minerclaim).

Why other pools are still offline?

Are payments being sent out?
Got many unconfirmed blocks still...

I moved over to minerpool for now - not sure if the botnets have moved across yet - hopefully this outage will make them decide to move to another coin...

There are no botnets. The 3 pools on https://poolinfo.systms.org/ are making up 33 Mh/s of the 39. There are pools out there not listed, plus solo miners. If you look at that 33 Mh/s rate, you see its made up of 580 workers, with an average of 56 Kh/s. Its just that there are a lot of people mining

nsummy

full member

Activity: 1179

Merit: 131

Quote from: Apprentice on August 25, 2017, 01:24:48 PM

Is everything working well now? I can see there is almost 1 pool up (minerclaim).

Why other pools are still offline?

Are payments being sent out?
Got many unconfirmed blocks still...

There are at least 4 pools up that I know of. Confirmations take 520 blocks now.

penambang

hero member

Activity: 548

Merit: 501

Quote from: ex33s on August 25, 2017, 01:23:59 PM

Any recent system updates?

Nope, didn't do system update since the fork.

ojeck

full member

Activity: 186

Merit: 100

Quote from: seeksilence on August 25, 2017, 12:40:25 PM

Just lower the xmgpool pool fee to 0.5% for this weekend. Enjoy mining!

Thanks for the information.

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: Apprentice on August 25, 2017, 01:24:48 PM

Is everything working well now? I can see there is almost 1 pool up (minerclaim).

Why other pools are still offline?

Are payments being sent out?
Got many unconfirmed blocks still...

I moved over to minerpool for now - not sure if the botnets have moved across yet - hopefully this outage will make them decide to move to another coin...

Apprentice

full member

Activity: 500

Merit: 105

Is everything working well now? I can see there is almost 1 pool up (minerclaim).

Why other pools are still offline?

Are payments being sent out?
Got many unconfirmed blocks still...

ex33s

sr. member

Activity: 476

Merit: 250

Quote from: penambang on August 25, 2017, 01:12:02 PM

More mempool error on my NOMP pool

Code:

received block 000000001a86d38a2eb1
SetBestChain: new best=000000001a86d38a2eb19f1238358b9db3bb0590a60c650671de722bb179c5a4 height=1452104 money supply=7991958 trust=66013855359244 date=08/25/17 17:05:45
Stake checkpoint: 47c28008
ProcessBlock: ACCEPTED
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
Flushing wallet.dat
Flushed wallet.dat 1ms
Flushed 0 addresses to peers.dat 1ms
received block 00000000796ec87c78c0
SetBestChain: new best=00000000796ec87c78c01eb782ad5169206578826d3ff9aa045d3baf9da66e3a height=1452105 money supply=7991963 trust=66013855364592 date=08/25/17 17:06:41
Stake checkpoint: fb0aac60
ProcessBlock: ACCEPTED
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
Flushing wallet.dat
Flushed wallet.dat 0ms

My magi.conf:

Code:

rpcuser=redacted
rpcpassword=redacted
# Listen for RPC connections on this TCP port:
rpcport=8232

# server=1 to accept JSON-RPC commands
server=1
daemon=1
# listen=1 to accept connections from outside
listen=0

# RPC connection from localhost allowed
rpcallowip=127.0.0.1

connect=104.128.225.215

posii=0

Any recent system updates?

penambang

hero member

Activity: 548

Merit: 501

More mempool error on my NOMP pool

Code:

received block 000000001a86d38a2eb1
SetBestChain: new best=000000001a86d38a2eb19f1238358b9db3bb0590a60c650671de722bb179c5a4 height=1452104 money supply=7991958 trust=66013855359244 date=08/25/17 17:05:45
Stake checkpoint: 47c28008
ProcessBlock: ACCEPTED
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
Flushing wallet.dat
Flushed wallet.dat 1ms
Flushed 0 addresses to peers.dat 1ms
received block 00000000796ec87c78c0
SetBestChain: new best=00000000796ec87c78c01eb782ad5169206578826d3ff9aa045d3baf9da66e3a height=1452105 money supply=7991963 trust=66013855364592 date=08/25/17 17:06:41
Stake checkpoint: fb0aac60
ProcessBlock: ACCEPTED
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
ERROR: mempool transaction missing input
Flushing wallet.dat
Flushed wallet.dat 0ms

My magi.conf:

Code:

rpcuser=redacted
rpcpassword=redacted
# Listen for RPC connections on this TCP port:
rpcport=8232

# server=1 to accept JSON-RPC commands
server=1
daemon=1
# listen=1 to accept connections from outside
listen=0

# RPC connection from localhost allowed
rpcallowip=127.0.0.1

connect=104.128.225.215

posii=0

goldlabel

hero member

Activity: 575

Merit: 502

Quote from: The Frisian on August 25, 2017, 07:23:33 AM

Quote from: akuci on August 25, 2017, 06:16:45 AM

Someone to contact Suprnova owner to open his pool?

Better not, it's very bad for the block reward for other miners.

Nicely said

akuci

full member

Activity: 226

Merit: 100

Quote from: nsummy on August 25, 2017, 01:06:30 PM

I don't understand why everyone is complaining about the hashrate. I'm new to this coin, and correct me if I am wrong, but isn't it set up in a way which the higher the hashrate, the lower the rewards? The basic economics of supply and demand and opportunity costs should bring the hashrate to a sustainable rate. If the the rewards are too low, people will mine elsewhere, when they are high, they will come back. There is an equilibrium.

Says someone with 1500KH\s.

nsummy

full member

Activity: 1179

Merit: 131

I don't understand why everyone is complaining about the hashrate. I'm new to this coin, and correct me if I am wrong, but isn't it set up in a way which the higher the hashrate, the lower the rewards? The basic economics of supply and demand and opportunity costs should bring the hashrate to a sustainable rate. If the the rewards are too low, people will mine elsewhere, when they are high, they will come back. There is an equilibrium.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: seeksilence on August 25, 2017, 12:40:25 PM

Just lower the xmgpool pool fee to 0.5% for this weekend. Enjoy mining!

Thanks for the info seeksilence

akuci

full member

Activity: 226

Merit: 100

Already rewards are low, almost 50% lower... Maybe I should change my nickname to "Crybaby". Cheesy

seeksilence

full member

Activity: 239

Merit: 250

Just lower the xmgpool pool fee to 0.5% for this weekend. Enjoy mining!

ex33s

sr. member

Activity: 476

Merit: 250

Quote from: penambang on August 25, 2017, 11:59:17 AM

Windows 10 X64, got same message with my Ubuntu 16.04 VPS with posii=0

Hmm.. I get that error with possii=1 with posii=0 the messages goes away.

More confusing is that no code change to the wallet has been made for that section. So this leaves it for me to believe that this have to do with some dependency.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: tommyrsk on August 25, 2017, 07:41:33 AM

Quote from: Windozxpert on August 25, 2017, 07:30:51 AM

I applaud your efforts. However, they will just move to another pool that has no limit. It's like trying to kill an elephant with a bb gun.

Thanks,
Thats true. If no one does anything then it definately will be wrong.
Therefore is our philosofy that we at least is doing it. And there will be a much more fair sharing of the mining rewards in TrasMaMod XMG pool.

So I do recommend all other pool owners to also do something equal as this to help to create a fair and good / strong coin.

Very good! This will be appriciated a lot.
Maybe Magi team can look into the options of a new Proof of mining campaign!

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 408. (Read 2375631 times)