[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 751.

thefix

legendary

Activity: 1049

Merit: 1001

Quote from: 1337leet on October 15, 2015, 12:50:03 PM

Hey guys,

I'm new to magi and have got some questions.

I'm using cpuminer v2 with my Intel Core i7 3630QM which is doing about 70 Kh/s - ist this setup okay so far?

I'm looking for a mining calclulation site and a hardware comparison site - could someone please help me?

What would be the estimated outcome (Kh/s) of 4x Intel Six-Core Xeon E7450 6x 2.4GHz? (yes I mean 4 real CPU's)

A good way to get a rough estimate from a given CPU is to take your CPU benchmark x .01 = KH/s

So for your cpu https://www.cpubenchmark.net/cpu.php?cpu=Intel+Xeon+E7450+%40+2.40GHz&id=2419&cpuCount=4 11,080 x .01 = 110 KH/s per cpu (this is a rough estimate)

You are better off to limit your KH/s to about 100 or 200 KH/s long term

Throwing lots of hash at magi like people are doing drops the reward dramatically

You can actually earn way more from less hash if people cooperate

Right now we have a few people that do not understand that and a few that just don't care

1337leet

hero member

Activity: 1308

Merit: 508

Hey guys,

I'm new to magi and have got some questions.

I'm using cpuminer v2 with my Intel Core i7 3630QM which is doing about 70 Kh/s - ist this setup okay so far?

I'm looking for a mining calclulation site and a hardware comparison site - could someone please help me?

What would be the estimated outcome (Kh/s) of 4x Intel Six-Core Xeon E7450 6x 2.4GHz? (yes I mean 4 real CPU's)

drakoin

hero member

Activity: 826

Merit: 1000

see my profile

Quote from: 111magic on October 14, 2015, 11:46:51 AM

First thank you Drakoin for your post.

De nada :-)

Quote from: 111magic on October 14, 2015, 11:46:51 AM

At the moment Magi does not have that function to limit the cpu usage. I'am sure the info can help Magi and our developer Joe will look into that.
He is working on improvements and I think your info come at the right moment!

Good.

And you are right:

Quote from: joelao95 on October 14, 2015, 02:06:41 PM

...

Quote from: drakoin on October 14, 2015, 11:19:12 AM

Quote from: joelao95 on October 12, 2015, 05:16:45 PM

Quote from: Emerge on October 12, 2015, 07:05:47 AM

...
I have a VPS that I mine XMG on, should I put it out to full power or keep it at 50%?
...

... It's sure no full power running miners on VPS, or vendors (mostly) put a limitation in your service;...

Not sure yet how all this works.

But when I found this question, I was reminded how I limited the CPU usage back in the days, using
apt-get install cpulimit ...
https://github.com/drakoin/LinuxWallet/blob/master/mueminerstart.sh#L14-L19
https://bitcointalksearch.org/topic/m.10522742
Perhaps that can help you somehow?

Or does XMG itself contain a function to limit the CPU usage?

Thanks for the info.

Happy to help.

Quote from: joelao95 on October 14, 2015, 02:06:41 PM

How to adjust the hashrate is very much where we can make improvement in the miner, for optimum hashrate and hence ROI. For now, there is a repo which has the "-e cpu_efficiency" option, for example, -e 60 (%60 CPU):
https://github.com/magi-project/m-cpuminer-v2
I just did precompiled binaries for different os along with a gui frontend, and will post them soon.

That "-e cpu_efficiency" is an interesting approach. Congrats for that.

For all other projects, and other situations, I can really recommend the 'cpulimit' package. Very easy to use, it searches itself for processes with a search name, and just throttles them. Usually they move around 45-60% when I choose 50%; and most of the time 49-51%.

Good luck to all magi-cians

:-)

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: thefix on October 14, 2015, 03:14:17 PM

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

The main problem is we have a group of people that do not understand how Magi works, so they waste power and resources.

Hopefully they will get bored eventually. I guess all the marketing that has gone on recently has brought a lot of new people in. If magi popularity reaches a critical mass then the problem may persist indefinitely unless everybody reduces their hash rate. I suspect a large proportion of people wont even read about the coin and just start mining at full capacity.

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Thanks a lot for all, glad to get a higher level; felt like grown up and got old. Cheesy

okae

legendary

Activity: 1401

Merit: 1008

northern exposure

Quote from: OrientA on October 15, 2015, 02:50:36 AM

The problem is that if you drop the hash rate and some body does not, then he will get more coins.

well yes, that's truth, but that's why MAgi is so awesome and so funny, yes? you must "play" with all those things, to made a good profit and avoid all those periods of time where you need lower your cpu power.

if im not wrong there is some software out there where you can do it automatically, maybe this will help you a lot with all those things Wink

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: thefix on October 14, 2015, 04:00:16 PM

Quote from: 111magic on October 14, 2015, 03:27:30 PM

Quote from: thefix on October 14, 2015, 03:14:17 PM

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

The main problem is we have a group of people that do not understand how Magi works, so they waste power and resources.

Thats right amigo! Maybe we should make a short a good post again about how Magi works!

Not a bad idea, basically if everyone dropped the hash to about 100 KH/s (per person) everyone would get more with less resources.

Its all about less being more!

The problem is that if you drop the hash rate and some body does not, then he will get more coins.

Lightsplasher

sr. member

Activity: 371

Merit: 250

Quote from: joelao95 on October 14, 2015, 01:53:23 PM

Quote from: z0n0 on October 12, 2015, 11:38:30 PM

2nd - is there a way in wallet, to check how much I gained with staking (some kind of Sum)?

Guess several prior posts discussed, unfortunately currently no.

Quote from: Lightsplasher on October 13, 2015, 12:00:38 AM

It is hard to find a sum of staking with the present version of the qt wallet. I added “Total Balance” on the overview page to make it a bit easier but that is not in the main code yet. Hyperstake does it very well with a “total” showing in the transaction register for any dates and transaction types that are selected. (You can easily find total stake for any date range with this) I asked presstab if he would mind if I added it to the coins I liked and he was fine with that. I'll try to add it to my branch on github and perhaps joelao95 will release it into the next update if it works.

I second the congratz on android wallet! Nice!

Thanks for the revision, I got the request and will check it out and then merge.

@joelau Congrats on getting to hero membership and nice job on the recent update by the way, I like the new graphics in the qt wallet! Thanks for all your work. I'll try to add some more changes to my branch and you can integrate them if they seem like improvements. It looks like people would enjoy having the staking sum in the wallet so I see about going ahead with adding that.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: thefix on October 14, 2015, 04:00:16 PM

Quote from: 111magic on October 14, 2015, 03:27:30 PM

Quote from: thefix on October 14, 2015, 03:14:17 PM

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

The main problem is we have a group of people that do not understand how Magi works, so they waste power and resources.

Thats right amigo! Maybe we should make a short a good post again about how Magi works!

Not a bad idea, basically if everyone dropped the hash to about 100 KH/s (per person) everyone would get more with less resources.

Its all about less being more!

Thats right!
Btw good line: Less being more!
This gives me a idea for new promotions.

thefix

legendary

Activity: 1049

Merit: 1001

Quote from: 111magic on October 14, 2015, 03:27:30 PM

Quote from: thefix on October 14, 2015, 03:14:17 PM

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

The main problem is we have a group of people that do not understand how Magi works, so they waste power and resources.

Thats right amigo! Maybe we should make a short a good post again about how Magi works!

Not a bad idea, basically if everyone dropped the hash to about 100 KH/s (per person) everyone would get more with less resources.

Its all about less being more!

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: kondiomir on October 14, 2015, 03:10:34 PM

Lol, our dev is a hero member now! It is about time

Congrats Joe! You are doing this project well! Keep the good job!

My birthday present for you:

P.S. If you don't know... this is your new avatar! Wink

Congrats Joe! Well done.
Good to see you as Magi dev so active here!
That is a good thing for Magi, for the community and for the Future!

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: thefix on October 14, 2015, 03:14:17 PM

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

The main problem is we have a group of people that do not understand how Magi works, so they waste power and resources.

Thats right amigo! Maybe we should make a short a good post again about how Magi works!

thefix

legendary

Activity: 1049

Merit: 1001

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

The main problem is we have a group of people that do not understand how Magi works, so they waste power and resources.

Redrover

full member

Activity: 181

Merit: 100

Quote from: joelao95 on October 14, 2015, 01:55:41 PM

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

There are some missing information about the PoW-hashrate, I'll make a clarification on this in more details.

Congrats on the Hero status joelao95!

kondiomir

legendary

Activity: 1568

Merit: 1000

Twitter @Acimirov

Lol, our dev is a hero member now! It is about time

Congrats Joe! You are doing this project well! Keep the good job!

My hero member present for you:

P.S. If you don't know... this is your new avatar! Wink

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Quote from: dalelimin on October 13, 2015, 10:39:53 PM

Hi, can you give me a link where to download the latest version for mining xmg? Also, how can I increase the hash rate for mining fast? I deleted those files because i'm getting errors. Thanks for helping.

There are a few miners available (in the 1st page ANN post, a little mess there now). Also I got a handful miner and will post it soon; be sure to check back this thread for downloading link.

Quote from: drakoin on October 14, 2015, 11:19:12 AM

Quote from: joelao95 on October 12, 2015, 05:16:45 PM

Quote from: Emerge on October 12, 2015, 07:05:47 AM

...
I have a VPS that I mine XMG on, should I put it out to full power or keep it at 50%?
...

... It's sure no full power running miners on VPS, or vendors (mostly) put a limitation in your service;...

Not sure yet how all this works.

But when I found this question, I was reminded how I limited the CPU usage back in the days, using
apt-get install cpulimit ...
https://github.com/drakoin/LinuxWallet/blob/master/mueminerstart.sh#L14-L19
https://bitcointalksearch.org/topic/m.10522742
Perhaps that can help you somehow?

Or does XMG itself contain a function to limit the CPU usage?

Thanks for the info. How to adjust the hashrate is very much where we can make improvement in the miner, for optimum hashrate and hence ROI. For now, there is a repo which has the "-e cpu_efficiency" option, for example, -e 60 (%60 CPU):

https://github.com/magi-project/m-cpuminer-v2

I just did precompiled binaries for different os along with a gui frontend, and will post them soon.

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Quote from: LordCoder on October 13, 2015, 01:40:39 PM

The problem at the moment is the current high hashrate, gives no profit. Maybe increasing the max. hashrate limit would increase the profit, but I guess price will also decrease.

There are some missing information about the PoW-hashrate, I'll make a clarification on this in more details.

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Quote from: z0n0 on October 12, 2015, 11:38:30 PM

2nd - is there a way in wallet, to check how much I gained with staking (some kind of Sum)?

Guess several prior posts discussed, unfortunately currently no.

Quote from: Lightsplasher on October 13, 2015, 12:00:38 AM

It is hard to find a sum of staking with the present version of the qt wallet. I added “Total Balance” on the overview page to make it a bit easier but that is not in the main code yet. Hyperstake does it very well with a “total” showing in the transaction register for any dates and transaction types that are selected. (You can easily find total stake for any date range with this) I asked presstab if he would mind if I added it to the coins I liked and he was fine with that. I'll try to add it to my branch on github and perhaps joelao95 will release it into the next update if it works.

I second the congratz on android wallet! Nice!

Thanks for the revision, I got the request and will check it out and then merge.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: drakoin on October 14, 2015, 11:19:12 AM

Quote from: joelao95 on October 12, 2015, 05:16:45 PM

Quote from: Emerge on October 12, 2015, 07:05:47 AM

...
I have a VPS that I mine XMG on, should I put it out to full power or keep it at 50%?
...

... It's sure no full power running miners on VPS, or vendors (mostly) put a limitation in your service;...

Not sure yet how all this works.

But when I found this question, I was reminded how I limited the CPU usage back in the days, using
apt-get install cpulimit ...
https://github.com/drakoin/LinuxWallet/blob/master/mueminerstart.sh#L14-L19
https://bitcointalksearch.org/topic/m.10522742
Perhaps that can help you somehow?

Or does XMG itself contain a function to limit the CPU usage?

First thank you Drakoin for your post.
At the moment Magi does not have that function to limit the cpu usage. I'am sure the info can help Magi and our developer Joe will look into that.
He is working on improvements and I think your info come at the right moment!

drakoin

hero member

Activity: 826

Merit: 1000

see my profile

Quote from: joelao95 on October 12, 2015, 05:16:45 PM

Quote from: Emerge on October 12, 2015, 07:05:47 AM

...
I have a VPS that I mine XMG on, should I put it out to full power or keep it at 50%?
...

... It's sure no full power running miners on VPS, or vendors (mostly) put a limitation in your service;...

Not sure yet how all this works.

But when I found this question, I was reminded how I limited the CPU usage back in the days, using
apt-get install cpulimit ...
https://github.com/drakoin/LinuxWallet/blob/master/mueminerstart.sh#L14-L19
https://bitcointalksearch.org/topic/m.10522742
Perhaps that can help you somehow?

Or does XMG itself contain a function to limit the CPU usage?

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 751. (Read 2375995 times)