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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 748. (Read 2375995 times)

legendary
Activity: 1190
Merit: 1009
Coin of the Magi!

Thanks for the collection of info, mate, I have changed / updated the OP (nearly took me a day lol). I guess some info still missing, let me know that.
legendary
Activity: 1484
Merit: 1029
testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   Wink

Now 44,231 KH/s, that's not normal.

This is a concern...

smells like a gpus on it..
Maybe that explains why the hashrate has been so high recently =(
legendary
Activity: 1750
Merit: 1005

I really like this picture.
Thats awesome Kondiomir.
I'am very proud you are in our awesome Magi community! Well done!
legendary
Activity: 1750
Merit: 1005
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
legendary
Activity: 2688
Merit: 1240
i think spreadcoin invented a technology that only allow solo mining

now if u combine that with a check to accept new blocks only for example once every hour from same address

u would make GPU mining senceless he would just mine to many blocks and all beside the first each hour would be rejected by network

nice sideeffect u would have a lot nodes in network because mining would always required to have a node active too

Actually that "technology" was already circumvented several times, I have (had) a pool up for SPR but closed it due to no interest: https://spr.suprnova.cc  I might reopen it if interest comes back.

You can mine every block to a new address without problems.
legendary
Activity: 1750
Merit: 1005
i think spreadcoin invented a technology that only allow solo mining

now if u combine that with a check to accept new blocks only for example once every hour from same address

u would make GPU mining senceless he would just mine to many blocks and all beside the first each hour would be rejected by network

nice sideeffect u would have a lot nodes in network because mining would always required to have a node active too
Wow good tip.
Joe could you check this.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
i think spreadcoin invented a technology that only allow solo mining

now if u combine that with a check to accept new blocks only for example once every hour from same address

u would make GPU mining senceless he would just mine to many blocks and all beside the first each hour would be rejected by network

nice sideeffect u would have a lot nodes in network because mining would always required to have a node active too
member
Activity: 67
Merit: 10
To force the mindset change I have an idea that could be benefit (or not) to Magi : why not open a pool that only confirmed Magi member could join ? That could spread the hashes a bit more and if we have a total pool power bigger than big miners, their rewards would be decreased a lot and maybe they will give up.

That's the spirit for me.
legendary
Activity: 910
Merit: 1000
testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   Wink

Now 44,231 KH/s, that's not normal.

This is a concern...

smells like a gpus on it..
legendary
Activity: 1120
Merit: 1004
To force the mindset change I have an idea that could be benefit (or not) to Magi : why not open a pool that only confirmed Magi member could join ? That could spread the hashes a bit more and if we have a total pool power bigger than big miners, their rewards would be decreased a lot and maybe they will give up.
legendary
Activity: 1750
Merit: 1005
Can somebody PM me about compiling wallet/minerd across several UNIX like systems? I see the first reply has a small guide but I'm getting with an error about GMP, it says I have the package but when I go to configure it errors on GNU MP. I'll probably post my steps if I can get it working easily.

Did you see https://bitcointalksearch.org/topic/m.11977962

I thought someone told me that they followed it and got it to work on UNIX
Thanks for this Fragilefungi.
D0om could you give us feedback if you solved the problem?
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
it's not a concern,
Just want to make fun...
testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   Wink

Now 44,231 KH/s, that's not normal.

This is a concern...

Please do so. I am very interested to know about how many coins can be mined in a day. That will be the valuable data to me.
newbie
Activity: 8
Merit: 0
it's not a concern,
Just want to make fun...
testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   Wink

Now 44,231 KH/s, that's not normal.

This is a concern...
member
Activity: 67
Merit: 10
i made a vps miner for fun..
but i cannot understand why people mine this?
i cannot get any profit from this: time to setup miner cost me more than it ever makes coins to me.
vps cost more than magi makes.
cpu uses more power than magi makes you??
explain me please?

pure botnet coin?

It can be easily be profitable. The problem is that the bigger the hashrate is the lower the block reward is. A lot of people don't understand this or simply don't care so they mine with a few thousand kh/s. They could earn more by diminishing their hashrate but they're not really clever so they don't Wink !

This needs a change of mindset.
With Bitcoin it was the higher the hashrate the better the reward.
With the coins launched after BTC it was almost always the same.
This mindset change will take time!

I am afraid that this mindset will never happen my friend, it's like saying that one day they will be piece in the world because everybody will live better!

I think it would be more productive to discuss about the technical and non technical methods to force this kind of mindset, I am not an expert... just trying to open the discussion here. Making Magi go one step closer to the idea "a coin for all people" should be our daily target in my opinion.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   Wink

Now 44,231 KH/s, that's not normal.

This is a concern...
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!

Some post worthwhile should be translated always into more languages, spanish translation thread have this one now Wink HERE

ofc i will update other spanish threads at other forums too Smiley
Thanks friend.
legendary
Activity: 1049
Merit: 1001
testcc90cc         KH/s-----23,657      XMG/Day-----    2,726.157

Wonder what they are testing   Wink

Now 44,231 KH/s, that's not normal.

Notice the giant reward drop        testcc90cc   KH/s-----44,133        XMG/Day----- 325.034


testcc90cc         KH/s-----23,657      XMG/Day-----2,726.157


The only logical reason I can think of for doing this would be to suppress rewards and encourage exchange buys as the only viable way to Obtain Magi.


I think the best option is for people to mine constant with 30% cpu usage long term with the most energy efficient cpu
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