I am long time Magi collector if i sell now i will get decent profit, but i wont
1xmg=1$ is near future, for now i have enough Magi i dont need to trade or mine.
I wish Magi to spread evenly i have some serious hash i could mine even now 100 Magis per day with free electricity and gear at work but i wont. Magi needs bigger army of small holders to go where it belongs.
Sounds great. Magi reaching $1 could be anytime soon, making a constant stream of profits to those who have invested earlier into it. I'm willing to put most of my devices to mine Magi too, although the bigger the network hashrate is, the lower the reward will be.
Nevertheless, Magi is a very exciting cryptocurreny to buy, mine, and hold. With its growing community, and active development, together we could make Magi one of the best altcoins in the market. Imagine how far Magi could go in the next years from becoming more valuable, to having better features, and so on. One thing that I'm looking forward to is for Magi to adopt SegWit as it will greatly increase its transaction capacity. Perhaps, it may not be neccesary at the moment, but it would give Magi a boost. Just my thoughts.
I agree, whole market is crashing ppl need money to invest in million different ICOs, it will go up again i am not afraid for Magi as Magi is still at low number @ 7mill and it had fair start with fair devs and best community on bct talk. When ppl get burn with 90% scams these days promising fast profit it will all settle to BTC, few anon coins like monero and dash, 1-2 ICOs that are fair and few fair coins with hq coding like Magi could go up in top 100.
Its not good time for mining Magi, its summer cpus are cooking and its not profitable at this hashrate.
Now its better to mine with gpus eth based coins even some x11 like sibcoin, and exchange to xmg.
At this nethash to get 350 xmgs per day we need around 100xi7s like 4790/6700/7700 watercool/delid/ac @ 90w/4.4ghz
its to much hassle even with free el.,
but we can mine 350 xmg per day mining eth based coins and transfering to xmg with only 15x1070 @ 500mhs, 68%tdp -400 core clock + 700 vram with ac off @ ambient 30C/GPU 64C 70-80%fan and be profitable even after exchanging to xmg. Multipool would be good thing now to help buy up this big sell wall without lowering price to much everyone from community could put few gpus in it instead of mining with cpus and collect more xmgs while staying profitable
