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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 758. (Read 2375995 times)

member
Activity: 112
Merit: 10
Why is this coin special? Its a normal altcoin

Let me make you a summary:

- CPU-only coin mostly because if hashrate increases a lot the network reward decreases. That also denies botnet mining.
- PoS-II, nice reward even if you have low balance.
- Hybrid coin, if PoW ends to be CPU-only coin then don't worry because PoS will still be available.
- Nice community which helps you in a long-term investment.
Why is this coin special? Its a normal altcoin
Good question! Many things. Read the OP and you find the information about the unique blockreward system, First POS-II, MQW and much more. Any specific questions? You are welcome to ask.
Thanks for informing me. I will investigate to mine and buy, I like antiasic coins  Wink
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Why is this coin special? Its a normal altcoin

I thought it was not, but now I think of that magi wasn't get pumped and hence no much disappointing & complaining around is nice. I am proud of the fact that (mostly) all posts are nice; it is really fun to read posts starting from page 1. I did personally wished that the coin gets pumped initially, but now I am more convinced that wasn't a good idea. To get high levels, all or most of altcoins have to be pumped, and they are done already; this is a fact in this crypto scene which, however, won't allow much room to fill the needs of that many coins. People would rarely put trusts into either of them due the pump & dump which is rather an unavoidable consequence in the most cases.

There is really much fun here; though people come and go and you never know who they are by the name they claim to be, there are some people the others can find around as always.

After speaking of that, magi is truly an altcoin, and specs things more than special beside those inherited from bitcoin, but you might find some interesting things by that. Basically we don't need to claim very big inventions, but need to get those basic points on the track, and those basic points would be something big; well this is tough though, but I think magi is interesting in this aspect (don't ask me what is that, sorry, would be bit "tough" question). Either way I'd rather put out some big things that make big attraction to people and make them believe in something, and that might end up disappointing in the last; research it a bit on your own does help.

Let me make you a summary:

- CPU-only coin mostly because if hashrate increases a lot the network reward decreases. That also denies botnet mining.
- PoS-II, nice reward even if you have low balance.
- Hybrid coin, if PoW ends to be CPU-only coin then don't worry because PoS will still be available.
- Nice community which helps you in a long-term investment.

Nice summary, thanks.
legendary
Activity: 1120
Merit: 1004
If I'd have to choose for the next exchange for Magi, I'd choose YoBit. The only BTC I earn are from them, so if Magi comes to go on it, I could buy a few XMG daily  Wink !
hero member
Activity: 712
Merit: 500
Why is this coin special? Its a normal altcoin

Let me make you a summary:

- CPU-only coin mostly because if hashrate increases a lot the network reward decreases. That also denies botnet mining.
- PoS-II, nice reward even if you have low balance.
- Hybrid coin, if PoW ends to be CPU-only coin then don't worry because PoS will still be available.
- Nice community which helps you in a long-term investment.
legendary
Activity: 1750
Merit: 1005
Why is this coin special? Its a normal altcoin
Good question! Many things. Read the OP and you find the information about the unique blockreward system, First POS-II, MQW and much more. Any specific questions? You are welcome to ask.
member
Activity: 112
Merit: 10
Why is this coin special? Its a normal altcoin
legendary
Activity: 1401
Merit: 1008
northern exposure
Hi all.

You can also vote for XMG here: https://bter.com/voting

 Wink

We have a number of exchanges in China to work with, while I am yet to see an appropriate time to carry it on.

Awesome Joe.Would be great to see Magi on Chinese exchanges. Keep us informed about this!

i really think that chinese exchanges will help this coin a lot, everything that help this coin to be expanded should be more than welcome,  is for sure a great idea.

Hi all.

You can also vote for XMG here: https://bter.com/voting

 Wink

nooo i havent 100 BTR so i cant vote grgrg, but dont worry i will find the way  Grin
legendary
Activity: 1750
Merit: 1005
Hi all.

You can also vote for XMG here: https://bter.com/voting

 Wink

We have a number of exchanges in China to work with, while I am yet to see an appropriate time to carry it on.

Awesome Joe.Would be great to see Magi on Chinese exchanges. Keep us informed about this!
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Hi all.

You can also vote for XMG here: https://bter.com/voting

 Wink

We have a number of exchanges in China to work with, while I am yet to see an appropriate time to carry it on.
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Will the Magi android app include a staking feature ? In that case it will be a really nice feature that most of the other coins' app do not have  Wink ! Also, tell me, who is the dev of this app ?

I doubt it. I was told a staking feature for an Android wallet is nearly impossible as you need to download the whole blockchain in order to mint. Usually Android wallets only load a short version of the chain, similar to Electrum wallets (due to file size/necessary disk space on the phone).
legendary
Activity: 1484
Merit: 1029
Shapeshift may increase the likelihood of somebody trying a pump and dump tactic on the currency as it a little more anonymous.

Looking into this a bit more - the commission levels of Shapeshift look pretty steep, and they'll need a large stack of coinage - so I don't think that there is so any risk of a pump and dump via shapeshift
legendary
Activity: 1750
Merit: 1005
Hi all.

You can also vote for XMG here: https://bter.com/voting

 Wink
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
ShapeShift is quite an exchange!! Hope to get listed there soon!  Cool
legendary
Activity: 1484
Merit: 1029
Magi is doing nice on Cryptsy!
Are there other exchanges our community would like to see Magi added?

cex.io might be interesting, since their trading prices can sometimes be different to other exchanges do to the number of miners they have linked to their site - however, likely they would need to add the coin as a mining pool to ghash.io - which would likely cause the Network Hashrate to increase dramatically
Thanks for the respons Starmman! Appreciate that!

ShapeShift added Magi to their list. They will announce if they decide to add Magi there!
Hope they will!
Shapeshift sounds like a good choice. I didn't use shapeshift yet - however I hear that there are a lot of people who only use shapeshift due to the fact that they can exchange into any wallet - simplifying maintenance and improving staking ability and there is no registration required. I imagine that shapeshift will help to increase the trading volume and definitely exposure to the coin to new potential markets. Shapeshift may increase the likelihood of somebody trying a pump and dump tactic on the currency as it a little more anonymous.

cex.io might increase the number of people carrying out arbitrage across the exchanges and increase the number of miners.
legendary
Activity: 1750
Merit: 1005
Magi is doing nice on Cryptsy!
Are there other exchanges our community would like to see Magi added?

cex.io might be interesting, since their trading prices can sometimes be different to other exchanges do to the number of miners they have linked to their site - however, likely they would need to add the coin as a mining pool to ghash.io - which would likely cause the Network Hashrate to increase dramatically
Thanks for the respons Starmman! Appreciate that!

ShapeShift added Magi to their list. They will announce if they decide to add Magi there!
Hope they will!
legendary
Activity: 1484
Merit: 1029
Magi is doing nice on Cryptsy!
Are there other exchanges our community would like to see Magi added?

cex.io might be interesting, since their trading prices can sometimes be different to other exchanges do to the number of miners they have linked to their site - however, likely they would need to add the coin as a mining pool to ghash.io - which would likely cause the Network Hashrate to increase dramatically
legendary
Activity: 1162
Merit: 1000
Like and win 2nd contest
LIKE Magi on FACEBOOK here: https://www.facebook.com/CoinMagi
Share the page with your Facebook friends and win.
500 likes random winner 100 XMG. Done!
700 likes random winner 300 XMG.
And after that there will be another big prize!  Cool
Add your walletaddress on the facebook-page 700 likes post!

MAGI WALLETS



The growing Magi community is extremely friendly and strong. Magi aims to grow into a currency which is indispensable in the world of digital currencies. The purpose of  Magi is to co-operate together with all the crypto enthusiasts and novices to build on the future of Magi and digital currency. During the first year Magi has achieved many important goals. The energy of the team and the community gives the coin the opportunity to build a strong and stable future. Within the community there is no avarice. The use and the fair grow of Magi always has the highest priority!

Check Magi (XMG) on:


Cryptsy |Bittrex | Poloniex | Bleutrade | Cryptopia


MAGI MINING
Magi is designed to be energy efficient on the whole, through a variety of dynamic adjustment mechanisms as well as its focus on the CPU mining. The general design concept is to reduce energy consumption during PoW. The use of hybrid PoW/PoS in the meantime secures the network.
Mine Magi with your computer.

New in Crypto?


Pools


Multi-Pool
https://multi.magipool.info/
Guide
Join the future of currencies with the Coin of the Magi.
For all people!
I enliven, and I already like XMG Facebook  Wink
legendary
Activity: 1750
Merit: 1005
Thx okae, great your done that. Grin

no problem mate, you know that you are more than welcome, like all Magi users Smiley

Price goes up which makes the hashrate go up 100MH.  Staking is still the most energy efficient way of making more XMG.

thats another one good characteristic that i love from Magi, and dont forget that the wallet works like a charm to your pc will not be affected so much while you are staking, seriously i love this coin! Smiley
Nice words okae!
Magi will release the android app this month.
And there are more awesome developments in progress!

Yes! Finally an Android app to store and keep track of all my Magi. Everyday Magi is growing stronger with fresh new developments and a friendly community. Keep it up! If this goes as is, I can't imagine Magi being one of the top alt coins in market cap. Looking forward to this  Cheesy
Thanks. Magi team and community will work together on the awesome Magi future!
hero member
Activity: 575
Merit: 502
@goldlabel, that's a nice image and the movement in facebook is nice too.

Thx joelao95  Grin
legendary
Activity: 1120
Merit: 1004
Thx okae, great your done that. Grin

no problem mate, you know that you are more than welcome, like all Magi users Smiley

Price goes up which makes the hashrate go up 100MH.  Staking is still the most energy efficient way of making more XMG.

thats another one good characteristic that i love from Magi, and dont forget that the wallet works like a charm to your pc will not be affected so much while you are staking, seriously i love this coin! Smiley
Nice words okae!
Magi will release the android app this month.
And there are more awesome developments in progress!

Will the Magi android app include a staking feature ? In that case it will be a really nice feature that most of the other coins' app do not have  Wink ! Also, tell me, who is the dev of this app ?
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