Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 739. (Read 2375995 times)
It's a good thing to talk about the future of mining and Magi. Nice to see this.
I am curious about the discussion of FPGA; it's pretty impossible for me to make FPGA working on magi's algo. It needs to implement seven hash functions along with floating computation. Other than FPGA, there are many possibilities to have a huge amount of hashing, and you might not realize what's out there. I recalled NOBL got hard forked because people throw a GPU farm hash into a pool (you might know how high hash over the rest of network is needed to get hard fork) (and then they decided to go with pure PoS, so no one can ever mine it), and there are CPU farm too (it was the case when magi is launched, people try to manage a number of CPU cores in mining, like a farm), or a botnet which is not unlikely as well. I am guessing too, only cc90cc knows what testcc90cc meant and the intention.
Just pointed out on IRC:
Quote
14:04:34 <+Wolf`> joelao95: You don't implement an FPGA miner for an algo with ONE
chip
14:04:43 <+Wolf`> that's either ASIC prototyping, or retarded
14:13:26 <+Wolf`> joelao95: For a CHEAP, extremely effective FPGA miner for M7M (or
X11)
14:13:37 <+Wolf`> do several cheap FPGA chips on a custom board
chip
14:04:43 <+Wolf`> that's either ASIC prototyping, or retarded
14:13:26 <+Wolf`> joelao95: For a CHEAP, extremely effective FPGA miner for M7M (or
X11)
14:13:37 <+Wolf`> do several cheap FPGA chips on a custom board
there is new chip out, find the specs of it.. it will change all we know about mining.
if it is only one chip.. what a fuck!
the board has 10-20 chips.
luck, most people cant buy those, 16nm tech. (or was it even 14nm)
AntMiner S7 has no such chips, but it is coming soon..
we have soon lots of trash asics..
Would it be possible for SweetSpot to automatically start at boot and start hashing with his usual settings ?
I am curious about the discussion of FPGA; it's pretty impossible for me to make FPGA working on magi's algo. It needs to implement seven hash functions along with floating computation. Other than FPGA, there are many possibilities to have a huge amount of hashing, and you might not realize what's out there. I recalled NOBL got hard forked because people throw a GPU farm hash into a pool (you might know how high hash over the rest of network is needed to get hard fork) (and then they decided to go with pure PoS, so no one can ever mine it), and there are CPU farm too (it was the case when magi is launched, people try to manage a number of CPU cores in mining, like a farm), or a botnet which is not unlikely as well. I am guessing too, only cc90cc knows what testcc90cc meant and the intention.
It is clearly written in the OP that mining Magi only worths it if total hashrate is in a certain range.
What is so hard to udnerstand about it?
What is so hard to udnerstand about it?
You are right about this mozsi.
People pls read the OP.
But also read the latest posts.
Our dev asked in different posts for your opinions.
Also give the team more info about big miners.
Not only the hashrate but also the pool-name and pool-nick. Like cc90cc, he did not know the Magi unique blockreward system. After contact and telling him about this hè posted in the OP.
So reading the OP and posts are important.
If you are mining Magi for gaining fast money than things could be disappointed. Magi is a long-term currency with an awesome and growing community.
The new developments like the coming Magi android app, new Proof of Interest campaign and other developments and campaigns will help with the grow of Magi. In the past time Magi achieved a lot and the Magi team and community will continue with that.
Everybody is welcome to join and try the different mind-set of mining Magi.
Let me know if you need big share to test ,I support you fully
What kind of FPGA did you get to work? I am leaning towards thinking that FPGA could be good for the magi community, as long as the code were open sourced and the miners were intending to hold the coins to stake. The reason I think this way is because I think the best goal of the magi community is to have a secure network with low power consumption. Small, low cost FPGAs could use as little as 5 watts, and if this could produce hashrate at 100 times the energy efficiency of CPU, I think that would be a good thing.
I think it would be bad for Magi to see FPGA implemented. In Magi, the aim is not to have to more hashrate as possible, so having such board would make it rise (a lot) and thus block reward will be all the time less than 1 XMG/block.
It is clearly written in the OP that mining Magi only worths it if total hashrate is in a certain range.
What is so hard to udnerstand about it?
What is so hard to udnerstand about it?
You are right about this mozsi.
People pls read the OP.
But also read the latest posts.
Our dev asked in different posts for your opinions.
Also give the team more info about big miners.
Not only the hashrate but also the pool-name and pool-nick. Like cc90cc, he did not know the Magi unique blockreward system. After contact and telling him about this hè posted in the OP.
So reading the OP and posts are important.
If you are mining Magi for gaining fast money than things could be disappointed. Magi is a long-term currency with an awesome and growing community.
The new developments like the coming Magi android app, new Proof of Interest campaign and other developments and campaigns will help with the grow of Magi. In the past time Magi achieved a lot and the Magi team and community will continue with that.
Everybody is welcome to join and try the different mind-set of mining Magi.
Let me know if you need big share to test ,I support you fully
What kind of FPGA did you get to work? I am leaning towards thinking that FPGA could be good for the magi community, as long as the code were open sourced and the miners were intending to hold the coins to stake. The reason I think this way is because I think the best goal of the magi community is to have a secure network with low power consumption. Small, low cost FPGAs could use as little as 5 watts, and if this could produce hashrate at 100 times the energy efficiency of CPU, I think that would be a good thing.
is it possible to make it POS only? we should for now..
its almost already it.. less than 0.65XMG/block
its almost already it.. less than 0.65XMG/block
If we made it PoS only I would raise the block reward. Possibly we could even do something fancy like adding a “Pay it Forward” type block reward where you could earn an additional reward if you gift part of your reward to somebody else. We could do this by adding signing on the block explorer (like the hyperstake rich list http://www.presstab.pw/phpexplorer/HYP/richlist.php) so that a neutral third party could verify that the addresses appear to be controlled by different members of the community. I'm trying to put something together to support this on a block chain that can do contracts.
Please see: http://lightsplasher.com/2015/pay-it-forward/ for more details.
The best way of rewarding small miners with older equipment (also a good goal of the magi community or hard to implement) would be to have a block explorer where people can register their address. That way it would be easier for the small miner to show that they are mining and holding, and therefore eligible for a bonus.
Nice GFX team you have here. I have saved all the XMG and now they're staking a bit. That's nice, probably will increase the amount.
not probably, be 100% sure about that
btw @goldlabel the more post i see related to that contest, i mean about the cs:go tournament, the more that i feel that need to buy again the cs and start to play xD
Nice GFX team you have here. I have saved all the XMG and now they're staking a bit. That's nice, probably will increase the amount.
Nice prfagun1!
Think we all have to wait a few more days!
Think we all have to wait a few more days!
We've already 35 officials vote in the DirectBet poll ! That's as much as Blackcoin has ! Keep voting guys, that would be awesome if we could have a gambling site !
Thats great! With the newbie account Magi has already 38 votes i think. ! Keep voting guys, that would be awesome if we could have a gambling site !Here the link again: https://bitcointalk.org/index.php?topic=393147.6360
Would like to test the updated version also!
One more vote...
Can I test the app?
We've already 35 officials vote in the DirectBet poll ! That's as much as Blackcoin has ! Keep voting guys, that would be awesome if we could have a gambling site !
Thats great! With the newbie account Magi has already 38 votes i think. ! Keep voting guys, that would be awesome if we could have a gambling site !Here the link again: https://bitcointalk.org/index.php?topic=393147.6360
Would like to test the updated version also!
testcc90cc 38,801 106.919
Confirmed 954.467146
Unconfirmed 9.501803
I don't know why big share mining but only a little...
Confirmed 954.467146
Unconfirmed 9.501803
I don't know why big share mining but only a little...
dont play stupid.
what is the game?
did you get 1 or 2 units to use?
those will roll over magi algo... how did you get them?
from your job?
We've already 35 officials vote in the DirectBet poll ! That's as much as Blackcoin has ! Keep voting guys, that would be awesome if we could have a gambling site !
Thats great! With the newbie account Magi has already 38 votes i think. ! Keep voting guys, that would be awesome if we could have a gambling site !Here the link again: https://bitcointalk.org/index.php?topic=393147.6360
but i still seeing 35 votes, is that count ok then? or what's happened here?
c'mon guys, vote on that pool if you want to have some fun with Magi at DirectBet
But they can make a post telling that they vote for Magi.
I also count those! ;-)
I'm afraid that DirectBet will probably don't count them because they could doubt of their validity and because I don't think they'll go throught every page to count votes that were not did directly with poll.
We've already 35 officials vote in the DirectBet poll ! That's as much as Blackcoin has ! Keep voting guys, that would be awesome if we could have a gambling site !
Thats great! With the newbie account Magi has already 38 votes i think. ! Keep voting guys, that would be awesome if we could have a gambling site !Here the link again: https://bitcointalk.org/index.php?topic=393147.6360
but i still seeing 35 votes, is that count ok then? or what's happened here?
c'mon guys, vote on that pool if you want to have some fun with Magi at DirectBet
But they can make a post telling that they vote for Magi.
I also count those! ;-)
I'm afraid that DirectBet will probably don't count them because they could doubt of their validity and because I don't think they'll go throught every page to count votes that were not did directly with poll.
We've already 35 officials vote in the DirectBet poll ! That's as much as Blackcoin has ! Keep voting guys, that would be awesome if we could have a gambling site !
Thats great! With the newbie account Magi has already 38 votes i think. ! Keep voting guys, that would be awesome if we could have a gambling site !Here the link again: https://bitcointalk.org/index.php?topic=393147.6360
but i still seeing 35 votes, is that count ok then? or what's happened here?
c'mon guys, vote on that pool if you want to have some fun with Magi at DirectBet
But they can make a post telling that they vote for Magi.
I also count those! ;-)
It is clearly written in the OP that mining Magi only worths it if total hashrate is in a certain range.
What is so hard to udnerstand about it?
What is so hard to udnerstand about it?
You are right about this mozsi.
People pls read the OP.
But also read the latest posts.
Our dev asked in different posts for your opinions.
Also give the team more info about big miners.
Not only the hashrate but also the pool-name and pool-nick. Like cc90cc, he did not know the Magi unique blockreward system. After contact and telling him about this hè posted in the OP.
So reading the OP and posts are important.
If you are mining Magi for gaining fast money than things could be disappointed. Magi is a long-term currency with an awesome and growing community.
The new developments like the coming Magi android app, new Proof of Interest campaign and other developments and campaigns will help with the grow of Magi. In the past time Magi achieved a lot and the Magi team and community will continue with that.
Everybody is welcome to join and try the different mind-set of mining Magi.
Let me know if you need big share to test ,I support you fully
Thanks amigo and welcome in our awesome Magi community!
It is clearly written in the OP that mining Magi only worths it if total hashrate is in a certain range.
What is so hard to udnerstand about it?
What is so hard to udnerstand about it?
You are right about this mozsi.
People pls read the OP.
But also read the latest posts.
Our dev asked in different posts for your opinions.
Also give the team more info about big miners.
Not only the hashrate but also the pool-name and pool-nick. Like cc90cc, he did not know the Magi unique blockreward system. After contact and telling him about this hè posted in the OP.
So reading the OP and posts are important.
If you are mining Magi for gaining fast money than things could be disappointed. Magi is a long-term currency with an awesome and growing community.
The new developments like the coming Magi android app, new Proof of Interest campaign and other developments and campaigns will help with the grow of Magi. In the past time Magi achieved a lot and the Magi team and community will continue with that.
Everybody is welcome to join and try the different mind-set of mining Magi.
Let me know if you need big share to test ,I support you fully
We've already 35 officials vote in the DirectBet poll ! That's as much as Blackcoin has ! Keep voting guys, that would be awesome if we could have a gambling site !
Thats great! With the newbie account Magi has already 38 votes i think. ! Keep voting guys, that would be awesome if we could have a gambling site !Here the link again: https://bitcointalk.org/index.php?topic=393147.6360
but i still seeing 35 votes, is that count ok then? or what's happened here?
c'mon guys, vote on that pool if you want to have some fun with Magi at DirectBet
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