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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 708. (Read 2376092 times)

member
Activity: 81
Merit: 1002
It was only the wind.
Nice words Abiky, thanks.
Joe to save time, if we know the things that needed to fix/change in the wallet to get it work faster there are others who can help you with the improvements.
(Like Wolf) Also would like to see a button: start/stop mining in the wallet. Very easy for newbies to mine Magi.
Welcome back Joe!
I agree with that, and will talk to people, or any ones who are interested to the development, we can communicate to each other. We had feldenthorne and lightsplasher contributions to the current source repo; people interested to improvements are always welcome.

Mining in the wallet is inefficient but I'd think about it.


Mining in the wallet is just fine, you've just got to fix the code.

It will work but it may be less meaningful at the final people will realize. The wallet mining would be less efficient primarily because of cpu consumption by wallet and solo mining:

1) With the present network hash, solo mining would be unlikely, unless we enable pool mining by merging m-cpuminer-qt which is quite feasible.

2) Wallet takes up percentages of cpu, particularly PoS mining enabled as well; the hash of PoS or some things else I'd like to look at to make PoS efficient, however, staking more or less takes more cpu% than no staking.

I think a lightweight wallet with mining is better.

If you do it properly, you shouldn't see any difference between in-wallet mining and a standalone miner with the wallet running. It should simply make communication simpler.

EDIT: Further explanation, in case you need it: Most OS schedulers, including the Windows scheduler, schedule threads for execution - they don't really care what process they belong to, the priority matters a lot more. So, obviously you're going to spawn new miner threads inside the wallet process to mine. Assuming the miner code is the same, there's really little to no difference - except that passing info back to the wallet can be done with a pointer - dropping the overhead of JSON-RPC.

Talking about PoS taking up CPU time is irrelevant because the person would be mining and staking on the same system regardless - whether the wallet is in the miner or not, if there's a performance hit, it's going to happen. But I doubt there will be with staking - especially if the hashing code is done correctly.

The mining is actually working already by issuing setgenerate true, solo mining. I'd like get pool mining enabled as well. If you are saying little / no difference in performance, I doubt it. PoS mining is hashing with SHA256 which does affect.

Of course PoS mining is hashing with SHA256 - but you're not doing it constantly. Secondly, the wallet mining is slower mostly because the code is old - isn't it still the original M7M implementation?

EDIT: Also, SHA256 is probably wasting so much time because you're probably using a slow one-way implementation of it - if you're hashing, you can probably use SSE/AVX to parallelize the different iterations.
legendary
Activity: 1750
Merit: 1005

Now that is a good way to earn some free Magi for newbies and average XMG users alike. I've added them to my bookmarks. If there could be an XMG faucet like Moonbit.co.in where you decide when to claim from faucet (and your earnings accumulate over time) then it would be awesome.  Grin

That would be nice. Do you use that website? (Moonbit.co.in)
If they add Magi there i will make a donation there.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games

Now that is a good way to earn some free Magi for newbies and average XMG users alike. I've added them to my bookmarks. If there could be an XMG faucet like Moonbit.co.in where you decide when to claim from faucet (and your earnings accumulate over time) then it would be awesome.  Grin
member
Activity: 81
Merit: 1002
It was only the wind.
Nice words Abiky, thanks.
Joe to save time, if we know the things that needed to fix/change in the wallet to get it work faster there are others who can help you with the improvements.
(Like Wolf) Also would like to see a button: start/stop mining in the wallet. Very easy for newbies to mine Magi.
Welcome back Joe!
I agree with that, and will talk to people, or any ones who are interested to the development, we can communicate to each other. We had feldenthorne and lightsplasher contributions to the current source repo; people interested to improvements are always welcome.

Mining in the wallet is inefficient but I'd think about it.


Mining in the wallet is just fine, you've just got to fix the code.

It will work but it may be less meaningful at the final people will realize. The wallet mining would be less efficient primarily because of cpu consumption by wallet and solo mining:

1) With the present network hash, solo mining would be unlikely, unless we enable pool mining by merging m-cpuminer-qt which is quite feasible.

2) Wallet takes up percentages of cpu, particularly PoS mining enabled as well; the hash of PoS or some things else I'd like to look at to make PoS efficient, however, staking more or less takes more cpu% than no staking.

I think a lightweight wallet with mining is better.

If you do it properly, you shouldn't see any difference between in-wallet mining and a standalone miner with the wallet running. It should simply make communication simpler.

EDIT: Further explanation, in case you need it: Most OS schedulers, including the Windows scheduler, schedule threads for execution - they don't really care what process they belong to, the priority matters a lot more. So, obviously you're going to spawn new miner threads inside the wallet process to mine. Assuming the miner code is the same, there's really little to no difference - except that passing info back to the wallet can be done with a pointer - dropping the overhead of JSON-RPC.

Talking about PoS taking up CPU time is irrelevant because the person would be mining and staking on the same system regardless - whether the wallet is in the miner or not, if there's a performance hit, it's going to happen. But I doubt there will be with staking - especially if the hashing code is done correctly.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
https://www.coingecko.com/en/coins/magi

If we take a look at the value of Magi it looks like Magi went little down.
In Satoshi yes.
But in $ and € Magi is very stable and has even a little raise.
Thats very nice! Cheesy

Yes that is great. We should expect to see higher prices if there is more demand and market movement, but it is also good to see a stable price as you wont need to worry to much if the value in fiat of XMG goes down and you would lose your investments. Just sharing my thoughts.  Roll Eyes
legendary
Activity: 1750
Merit: 1005
https://www.coingecko.com/en/coins/magi

If we take a look at the value of Magi it looks like Magi went little down.
In Satoshi yes.
But in $ and € Magi is very stable and has even a little raise.
Thats very nice! Cheesy
legendary
Activity: 1750
Merit: 1005
Joe told me he is working on the wallet! Good thing to post requests here.
FYI Tomorrow i will post the info about the Magi New Years lottery!


Ahh so two good news, i really want to see that new wallet, i'm sure that it will be really good Wink

About the lottery info, as soon as you release it, i will translate it.

Keep up the good job guys!
Thanks Okae. I will inform you about it so you can do the translation. Great!
legendary
Activity: 1750
Merit: 1005
when will the new wallet be released?
Joe is working on that one! I hope it will be finished soon.
full member
Activity: 195
Merit: 100
when will the new wallet be released?
legendary
Activity: 1401
Merit: 1008
northern exposure
Joe told me he is working on the wallet! Good thing to post requests here.
FYI Tomorrow i will post the info about the Magi New Years lottery!


Ahh so two good news, i really want to see that new wallet, i'm sure that it will be really good Wink

About the lottery info, as soon as you release it, i will translate it.

Keep up the good job guys!
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Someone knows if  we have some hard coded coin limit in the source code of Magi?

thanks

goal is 25 million

like all coins
its a goal and not hardcoded
POS coins with long coin rollout
place a limit in code so people see the goal ammount

but the mechanic how a POS coin keep operating (example POS only redistribute tx fees)
when coin limit is reached all of them need to add as a mandatory wallet update

dont worry its years away

at DMD for example 30+ years......

at XMG a few years too
legendary
Activity: 966
Merit: 1000
Someone knows if  we have some hard coded coin limit in the source code of Magi?

thanks
legendary
Activity: 1750
Merit: 1005
Joe told me he is working on the wallet! Good thing to post requests here.
FYI Tomorrow i will post the info about the Magi New Years lottery!
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
any news about new wallet joe share some details please
special the rough concept of reworked POW and POS (if ya rework it)



what i know for sure i request is a via conf modifyable splittreshold value
XMG wallet is my worst POS income coin i have in portfolio
still it create most work of them all regarding micromanagement....


I would like to know about the new wallet too, now that the XMG client takes some time to startup before I could ever get to the main interface to begin staking. If this could be made faster, then it would be great.  Cheesy

reduce startup time is pretty easy done in lot coins im sure joe can implement it
basical reduce the amount of blocks checked at startup backwards intense
member
Activity: 81
Merit: 1002
It was only the wind.
Nice words Abiky, thanks.
Joe to save time, if we know the things that needed to fix/change in the wallet to get it work faster there are others who can help you with the improvements.
(Like Wolf) Also would like to see a button: start/stop mining in the wallet. Very easy for newbies to mine Magi.
Welcome back Joe!
I agree with that, and will talk to people, or any ones who are interested to the development, we can communicate to each other. We had feldenthorne and lightsplasher contributions to the current source repo; people interested to improvements are always welcome.

Mining in the wallet is inefficient but I'd think about it.


Mining in the wallet is just fine, you've just got to fix the code.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
any news about new wallet joe share some details please
special the rough concept of reworked POW and POS (if ya rework it)



what i know for sure i request is a via conf modifyable splittreshold value
XMG wallet is my worst POS income coin i have in portfolio
still it create most work of them all regarding micromanagement....


I would like to know about the new wallet too, now that the XMG client takes some time to startup before I could ever get to the main interface to begin staking. If this could be made faster, then it would be great.  Cheesy
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
any news about new wallet joe share some details please
special the rough concept of reworked POW and POS (if ya rework it)



what i know for sure i request is a via conf modifyable splittreshold value
XMG wallet is my worst POS income coin i have in portfolio
still it create most work of them all regarding micromanagement....
legendary
Activity: 1750
Merit: 1005
Computer made smoke and flame about a year ago (cheap MB and power supply) mining Magi and it has taken a long time but I'M BACK BABY  Grin 

Computer rebuilt switched from win7 to Ubuntu 15.10 MATE got the wallet up and a backup .dat file BAM! even got a miner working. was a long road but back into the mines I go, it is an honor to help keep this coin going again.
Welcome back amigo!
newbie
Activity: 55
Merit: 0
Computer made smoke and flame about a year ago (cheap MB and power supply) mining Magi and it has taken a long time but I'M BACK BABY  Grin 

Computer rebuilt switched from win7 to Ubuntu 15.10 MATE got the wallet up and a backup .dat file BAM! even got a miner working. was a long road but back into the mines I go, it is an honor to help keep this coin going again.
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