[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 69.

jonathin.r

member

Activity: 98

Merit: 11

Quote from: ?? on ??

Quote from: jonathin.r on May 19, 2018, 10:49:28 AM

Well, I'm a moron.

In trying to get staking going on my wallet, I sent my entire balance to myself, thinking that would give me enough weight to start staking... I should've read the Magi whitepaper a little closer...

At least you know what you are doing.

The FAQ of the Op page does answer the question on "Not enough weight."

What's the effect when you sent the entire balance to yourself? Did that cause "resetting staking from scratch"?

All the mPoW/mPoS features of XMG look great but apparently too complicated, likely limited to use by (mining/staking) oldie(s) and hard to convert the public to use this crypto, despite that XMG " strives for every single effort to make mining be available to everyone, and provides an even playing field for people."

Any simple summary tables of what to do, what would happen, etc. in running "mPoW/mPoS of XMG" would be great. Wink

I believe that the older the wallet balance is, the higher weight it carries. After you reach a certain weight, you can start staking on it. When I sent the entirety of the wallet to myself, it made the balance brand-new. When I had done it, it said "Expected time to earn reward is 72 day(s).", but now it reads "Expected time to earn reward is 19 day(s)".

s0litaire

member

Activity: 133

Merit: 15

Quote from: skitalez on May 19, 2018, 02:05:15 PM

Guys, I'm sorry if this question has already been asked. Why does not the suprnova pool work? I always get an error "Invalid Captcha, please try again."

They closed down their xmg pool a while ago. they probably blocked all logins to it.

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: starmman on May 19, 2018, 12:10:23 PM

Quote from: The Frisian on May 19, 2018, 12:04:29 PM

Quote from: starmman on May 19, 2018, 11:55:58 AM

Interesting, somebody (or people) just bought a massive chunk of Magi - nice to see a good spike in the price

Yes, always good to see some interest. Or was it just a little pump of a nasty guy?

Good to see you on here.

Always difficult to tell. As the spike was almost immediate - I suspect it was a buy - don't think many people had time to join such a fast pump, but could always be somebody buying a chunk ready for a future pump (or dump) - almost immediately back to normal price and levels - guess we will see...

I sold all my XMG on the spike at the end of december and there after sold all my BTC.
The last months I started to buy back in XMG but today sold a few at 5750, but directly bought them back at 3650.
I have a good bag of XMG already again, but now also XVG, ADA and XRP.
Sold all my GRS recently, but want to buy back again when below 7K. (but I'm not sure this will happen again)
What happened to 111Magic, haven't heard from him for a while.

skitalez

jr. member

Activity: 222

Merit: 2

Guys, I'm sorry if this question has already been asked. Why does not the suprnova pool work? I always get an error "Invalid Captcha, please try again."

juniormose

newbie

Activity: 25

Merit: 0

Quote from: jonathin.r on May 19, 2018, 10:49:28 AM

Well, I'm a moron.

In trying to get staking going on my wallet, I sent my entire balance to myself, thinking that would give me enough weight to start staking... I should've read the Magi whitepaper a little closer...

Can you explain?

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: The Frisian on May 19, 2018, 12:04:29 PM

Quote from: starmman on May 19, 2018, 11:55:58 AM

Interesting, somebody (or people) just bought a massive chunk of Magi - nice to see a good spike in the price

Yes, always good to see some interest. Or was it just a little pump of a nasty guy?

Good to see you on here.

Always difficult to tell. As the spike was almost immediate - I suspect it was a buy - don't think many people had time to join such a fast pump, but could always be somebody buying a chunk ready for a future pump (or dump) - almost immediately back to normal price and levels - guess we will see...

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: starmman on May 19, 2018, 11:55:58 AM

Interesting, somebody (or people) just bought a massive chunk of Magi - nice to see a good spike in the price

Yes, always good to see some interest. Or was it just a little pump of a nasty guy?

starmman

legendary

Activity: 1484

Merit: 1029

Interesting, somebody (or people) just bought a massive chunk of Magi - nice to see a good spike in the price

jonathin.r

member

Activity: 98

Merit: 11

Well, I'm a moron.

In trying to get staking going on my wallet, I sent my entire balance to myself, thinking that would give me enough weight to start staking... I should've read the Magi whitepaper a little closer...

s0litaire

member

Activity: 133

Merit: 15

Well since the start of the year, it finally looks like things have calmed down a tad...

First Quarter was the whales dumping the payout to minimum,
Then the "Bug"/"Hack" forcing the price up to the max...

Now a few days after the latest wallet is released, we have a steady(ish) hashrate, a slow and steady building up of the payout per block is nice to see.

Who said mining was boring... Tongue

**Yes** i know i just jinxed it for everyone! Tongue

lol But a few days of "normalcy" is well deserved...

What we really need now is to build the reputation and confidence up again to get exchanges back on board and open for trading.

Fryptpminer

newbie

Activity: 13

Merit: 0

Quote from: MonsterV on May 19, 2018, 05:05:31 AM

Quote from: br@indr@in on May 19, 2018, 04:54:06 AM

Attention! In the process of reopening Novaexchange they intend to delist Magi/XMG within the next 30 days. Anyone who helds some coins there is adviced to withdraw them!

See: https://novaexchange.com/news/

This is good news for me, It means there will be an increase or development of Nova Wink

Keep it to yourself. Roll Eyes

tomotao52

newbie

Activity: 45

Merit: 0

Keep working devs, And the result in future Cool

Jeremy450

newbie

Activity: 154

Merit: 0

Quote from: qldbiz on May 19, 2018, 07:06:14 AM

Quote from: qldbiz on January 12, 2018, 07:59:33 AM

~~One week of full 24/7 mining for 0.299242 of a magi coin ! Avg of 70- 80k/s (Max of 130)~~

All but one friend has left and given up. Way to bring new blood into magi mining guys.

Whales or no whales, there is a major issue with this coin when people are doing the right thing and get penalized because others are not following the rules and the answer you get told around here is to just wait and they will go soon. (or get told you are a cry baby for letting out frustration) friendly lot if your an outsider looking in to join the group

What a load of horse s**t. I bet your mum's told you not to fight when you were a kid and just stand there getting punched, saying "It's OK dear, they will get tried of hurting you at some stage and go away."

This is not even fun doing this now, when you still seeing people running at 1 - 3Mk/s name popping up everywhere in the pools (finding blocks every 90 mins and seeing there actual share they are getting and you can't even find a block) Pool owners don't care at all, they are still getting there cut of the pie

BTW, don't speak your mind around here as everybody is brainwashed and you will be tarred and feathered for pointing out real world facts !!!!!!!!!

That's my 5 cents worth , (Woops forgot about the coin issues) correction, that my 0.000364 of a cents worth but don't worry you will get back close to 5 cents when the whales leave.

Cough Cough 4 months on and guess what ..........

Roll Eyes

Exactly no change at all. and what i been saying too. You would of seen what i said a page back and another a few pages back. The main ppl who tell us to shut up are the ones who have high hashrates or are just mental cos they think they know better/everything.

qldbiz

newbie

Activity: 16

Merit: 0

Quote from: qldbiz on January 12, 2018, 07:59:33 AM

~~One week of full 24/7 mining for 0.299242 of a magi coin ! Avg of 70- 80k/s (Max of 130)~~

All but one friend has left and given up. Way to bring new blood into magi mining guys.

Whales or no whales, there is a major issue with this coin when people are doing the right thing and get penalized because others are not following the rules and the answer you get told around here is to just wait and they will go soon. (or get told you are a cry baby for letting out frustration) friendly lot if your an outsider looking in to join the group

What a load of horse s**t. I bet your mum's told you not to fight when you were a kid and just stand there getting punched, saying "It's OK dear, they will get tried of hurting you at some stage and go away."

This is not even fun doing this now, when you still seeing people running at 1 - 3Mk/s name popping up everywhere in the pools (finding blocks every 90 mins and seeing there actual share they are getting and you can't even find a block) Pool owners don't care at all, they are still getting there cut of the pie

BTW, don't speak your mind around here as everybody is brainwashed and you will be tarred and feathered for pointing out real world facts !!!!!!!!!

That's my 5 cents worth , (Woops forgot about the coin issues) correction, that my 0.000364 of a cents worth but don't worry you will get back close to 5 cents when the whales leave.

Cough Cough 4 months on and guess what ..........

Roll Eyes

Jeremy450

newbie

Activity: 154

Merit: 0

Quote from: br@indr@in on May 19, 2018, 04:54:06 AM

Attention! In the process of reopening Novaexchange they intend to delist Magi/XMG within the next 30 days. Anyone who helds some coins there is adviced to withdraw them!

See: https://novaexchange.com/news/

Another Step backwards. Thanks for nothing devs. if more exchanges delist magi your coin is useless. Get your asses in gear and fix the botnet issue and the whales, etc. I dont give a shit if i have to give your my id to prove who i am so you know where i am an can stop me from mining the coin cos i am abusing it. just fix the dam issue.

MonsterV

legendary

Activity: 2212

Merit: 1008

Quote from: br@indr@in on May 19, 2018, 04:54:06 AM

Attention! In the process of reopening Novaexchange they intend to delist Magi/XMG within the next 30 days. Anyone who helds some coins there is adviced to withdraw them!

See: https://novaexchange.com/news/

This is good news for me, It means there will be an increase or development of Nova Wink

br@indr@in

newbie

Activity: 26

Merit: 0

Attention! In the process of reopening Novaexchange they intend to delist Magi/XMG within the next 30 days. Anyone who helds some coins there is adviced to withdraw them!

See: https://novaexchange.com/news/

The Doktor

jr. member

Activity: 82

Merit: 1

DOGEvangelist

Quote from: juniormose on May 19, 2018, 03:41:45 AM

Quote from: The Doktor on May 18, 2018, 03:56:04 PM

Quote from: juniormose on May 18, 2018, 02:10:06 PM

hi all,

Have anyone who is solo mining gotten any blocks sins hardfork and new wallet v1.4.6.2?

I've gotten about 5 or 6 since upgrading to v1.4.6.2. This is solo mining @ 1MH. No big blocks anymore, about .4-1.1 XMG each.

I've just gotten my first reward solo mining after the Fork, 1.2 xmg mining 24 hours a day for the last 3-4 days.
what determines the amount of coin i will get when solo mining?
Before the Fork i got 600-3500 coins solo mining.

Sounds like you've got around 100KH or so. How much you get, whether solo mining or in a pool, is determined by your hashrate, difficulty, and block value. Difficulty and block value vary quite a bit based on network hashrate. Higher hashrate gives higher difficulty and lower block reward. I'm seeing about 2.5-3 XMG/day at 1MH. Earnings will vary proportionately to hashrate, so you can get a good estimate by comparing our hashrates. Of course this can change greatly based on many factors, but still as good of an estimate as you can get.

juniormose

newbie

Activity: 25

Merit: 0

Quote from: The Doktor on May 18, 2018, 03:56:04 PM

Quote from: juniormose on May 18, 2018, 02:10:06 PM

hi all,

Have anyone who is solo mining gotten any blocks sins hardfork and new wallet v1.4.6.2?

I've gotten about 5 or 6 since upgrading to v1.4.6.2. This is solo mining @ 1MH. No big blocks anymore, about .4-1.1 XMG each.

I've just gotten my first reward solo mining after the Fork, 1.2 xmg mining 24 hours a day for the last 3-4 days.
what determines the amount of coin i will get when solo mining?
Before the Fork i got 600-3500 coins solo mining.

InvalidUsername

newbie

Activity: 32

Merit: 0

Quote from: Jeremy450 on May 18, 2018, 11:37:50 PM

Quote from: InvalidUsername on May 18, 2018, 11:22:37 PM

Quote from: Jeremy450 on May 18, 2018, 10:04:39 PM

your lucky to even get a half to a quarter that.

Well... Thanks to the chain issues over the last few weeks and a bit of management during that time (aka pool jumping), power is "paid" for the next 12 months.

kudos to you. alot of other ppl arent so lucky.

No need to brag about it.

As I've said before, investment is a risk. I figured out a way to mitigate mine. The same method could have been employed by others should they have chosen to do so. Still can. If a pool is not performing to their expectations, move the miners to another pool or another coin.

However, I did lose a fair share as well due to not being able to manage my miners during my paying job time, especially during the chain splits... About half of what I earned ended up on the wrong split.

Also keep in mind that I only have ~110kh/s applied to this coin...

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 69. (Read 2375926 times)