A very important question,
My wife was wondering, how are you pronouncing Magi?
Is it May-Jai, Ma-Jee or something in between =)
Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 768. (Read 2375995 times)
SuchPool discovering blocks is really slow! Help us discovering more by switching your hashrate!
Yes guys help SuchPool and share your hashrate between the pools! Thx for the ants 
Lol this one is cool. You made a combination with the ant. Well done! 
SuchPool discovering blocks is really slow! Help us discovering more by switching your hashrate!
Thx for the ants
Cloud staking sites !! Are they reliable? How do we trust and put the coins on some external sites?
It's always risky especially if they are still under BETA. I would use it but with extreme caution!
Cloud staking sites !! Are they reliable? How do we trust and put the coins on some external sites?
What is the Magi Cloudstaking ? How does it works ? The website is not really clear (not at all).
I think they are still running under Beta.Try to contact them and ask if they can give more info.
Find some here
https://bitcointalksearch.org/topic/m.11632527
UPDATE 21 Sept
Crypto currencies served:
Europecoin - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
Coin Magi - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
ShadowCash - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
Diamond - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
Crypto currencies under sync:
Vericoin
FuelCoin
Blackcoin
Hyper
NexusNiro
Diggits
Sterlingcoin
Please let us know any other crypto currency you are interested in, if it meets our requirements we'll be willing to add it to our system.
Questions: [email protected]
Get in touch: [email protected] - @staisybit
Cheers
Crypto currencies served:
Europecoin - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
Coin Magi - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
ShadowCash - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
Diamond - Deposits: enabled - Staking: enabled - Withdrawals: temporarily disabled
Crypto currencies under sync:
Vericoin
FuelCoin
Blackcoin
Hyper
NexusNiro
Diggits
Sterlingcoin
Please let us know any other crypto currency you are interested in, if it meets our requirements we'll be willing to add it to our system.
Questions: [email protected]
Get in touch: [email protected] - @staisybit
Cheers
What is the Magi Cloudstaking ? How does it works ? The website is not really clear (not at all).
Coin of the Magi, unique next generation currency for people everywhere!
Coin Magi (XMG) is an online payment system, enabling instant payments to anyone in the world without needing an intermediary.
With Coin Magi, anyone in the world can issue digital coins through their personal computers and a software-based minting process. Coin Magi removes the competitive nature of minting and offers an even playing field for anyone looking to issue currencies without expensive equipment. Coin Magi distinguishes itself from other counter parties by its fairness, cost effective and energy efficiency in maintaining the operation of the system.
With Coin Magi, anyone in the world can issue digital coins through their personal computers and a software-based minting process. Coin Magi removes the competitive nature of minting and offers an even playing field for anyone looking to issue currencies without expensive equipment. Coin Magi distinguishes itself from other counter parties by its fairness, cost effective and energy efficiency in maintaining the operation of the system.
PROOF OF WORK – POW
M7M (v2) hash function – only CPU mining
Iterative sequential algorithm and numerical computation operating through GMP floating points to disable parallel implementation
Block time: 3 minutes
MagiQuantumWave (MQW) difficulty adjustment per block
A new difficulty dependent block rewarding system to disable large mining farms
M7M (v2) hash function – only CPU mining
Iterative sequential algorithm and numerical computation operating through GMP floating points to disable parallel implementation
Block time: 3 minutes
MagiQuantumWave (MQW) difficulty adjustment per block
A new difficulty dependent block rewarding system to disable large mining farms
PROOF OF STAKE II – POS-II
New staking mechanism PoS-II
Transaction dependent coin age; minimum coin age: 2 hours
Maximum coin age : see following explanation
Network weight dependent interest rate, maximum 5%;
Block time: 1.5 minutes;
Block hash: SHA256;
Maturity: 120
New staking mechanism PoS-II
Transaction dependent coin age; minimum coin age: 2 hours
Maximum coin age : see following explanation
Network weight dependent interest rate, maximum 5%;
Block time: 1.5 minutes;
Block hash: SHA256;
Maturity: 120
MAGI WALLETS
WEBSITE: 
MagiPay Standalone Payment Gateway for Coin Magi
_______________________________________________________________________________ _______________________________________________
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.
Mine Magi with your computer.
New in Crypto?
Pools
Multi-Pool
https://multi.magipool.info/
Guide
INFO
_______________________________________________________________________________ _______________________________________________
Cryptsy |Bittrex | Poloniex | Bleutrade | Cryptopia
_______________________________________________________________________________ ____________________________
Blueprint Enhancement Service
https://pexpeppers.com/
http://www.armisgame.com/
http://hausfay.com/
http://bitscoinshop.com.br/en/
Tourism in Indonesia (yogyakarta) offered by Coinkita
Magi Cloudstaking
_______________________________________________________________________________ ________
https://multi.magipool.info/
Guide
INFO
Block Explorers
_______________________________________________________________________________ _______________________________________________
EXCHANGES
Cryptsy |Bittrex | Poloniex | Bleutrade | Cryptopia
Vote for XMG on Askcoin here:
Buy XMG using fiat currency.
_______________________________________________________________________________ _______________________________________________
XMG Faucets
_______________________________________________________________________________ ____________________________
Services & Merchants
Dedicated Website Hosting Services
Webshop: DrPecksbees
Webshop/market Cointopay
Blueprint Enhancement Service
https://pexpeppers.com/
http://www.armisgame.com/
http://hausfay.com/
http://bitscoinshop.com.br/en/
Tourism in Indonesia (yogyakarta) offered by Coinkita
Magi Cloudstaking
_______________________________________________________________________________ ________
Games & video's
Jackpot lottery: http://lotto.ddns.net/magilotto
Blackjack & Pirateslots https://www.octoplay.net/?9GBaI2uhYN0zGCpp8kPa
https://www.youtube.com/watch?v=7EkAbPacS7c
https://www.youtube.com/watch?v=W71FVD6YWM8
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s
https://www.youtube.com/watch?v=W71FVD6YWM8
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s
Quote
OP updated with Magi Cloudstaking, Suchpool and exchange Cryptsy
I like those pictures with the Dragons.
But also the one with the ant.
Guess i like all pictures with Magi!
By the way thanks for helping us solve some blocks, we really appreciate!
You are welcome amigo. Think there is space for more miners right?
I will keep promoting your pool also.
Sure, we can stack 10's of thousands more without issues!
Yes thats what I mean. Thanks well done!
yw
Yes thats what I mean. Thanks well done!
Goldlabel can you make a picture with only the dragon with the twisten coin? Meaning copy/paste it out of this one. Hope you understand what I mean!
like this?
looks like there are some big botnets mining this or someone has made an fpga or gpu miner for this coin
Anyone can use the other's processor. There's no way to stop it. But at least it prevents a lot of people from using big botnets.
Well botnets are often CPU prone rather than GPU prone; as GPU use different settings it would be hard to get a config that works on most zombie computers. I know that there are some GPU botnets but CPU botnets a far more likely.
By the way thanks for helping us solve some blocks, we really appreciate!
Indeed, but also GPU botnet mining with Scrypt is very extended. Default configs are almost always working and getting users that have GPU increase the posibilities.
However, CPU mining is easier, because only high end processors are checked.
Regards,
LordCoder
Maybe it's the newbiest question on this thread, so sorry if it's stupid but what is a botnet ? You are talking about this like if it was a big problem but I never heard of it, so what is it ?
Botnet mining is a network of "hacked" computers (like zombies) working for you. This is happening with Bitcoin and Litecoin, where many people build a big network to mine for them. Magi is a nice example of forbidding botnets, because of hashrate limitation.
Thank you for your explanation, now it's more clear for me
! That's sure that it can't work on Magi thanks to our amazing improvements ! looks like there are some big botnets mining this or someone has made an fpga or gpu miner for this coin
Anyone can use the other's processor. There's no way to stop it. But at least it prevents a lot of people from using big botnets.
Well botnets are often CPU prone rather than GPU prone; as GPU use different settings it would be hard to get a config that works on most zombie computers. I know that there are some GPU botnets but CPU botnets a far more likely.
By the way thanks for helping us solve some blocks, we really appreciate!
Indeed, but also GPU botnet mining with Scrypt is very extended. Default configs are almost always working and getting users that have GPU increase the posibilities.
However, CPU mining is easier, because only high end processors are checked.
Regards,
LordCoder
Maybe it's the newbiest question on this thread, so sorry if it's stupid but what is a botnet ? You are talking about this like if it was a big problem but I never heard of it, so what is it ?
Botnet mining is a network of "hacked" computers (like zombies) working for you. This is happening with Bitcoin and Litecoin, where many people build a big network to mine for them. Magi is a nice example of forbidding botnets, because of hashrate limitation.
looks like there are some big botnets mining this or someone has made an fpga or gpu miner for this coin
Anyone can use the other's processor. There's no way to stop it. But at least it prevents a lot of people from using big botnets.
Well botnets are often CPU prone rather than GPU prone; as GPU use different settings it would be hard to get a config that works on most zombie computers. I know that there are some GPU botnets but CPU botnets a far more likely.
By the way thanks for helping us solve some blocks, we really appreciate!
Indeed, but also GPU botnet mining with Scrypt is very extended. Default configs are almost always working and getting users that have GPU increase the posibilities.
However, CPU mining is easier, because only high end processors are checked.
Regards,
LordCoder
Maybe it's the newbiest question on this thread, so sorry if it's stupid but what is a botnet ? You are talking about this like if it was a big problem but I never heard of it, so what is it ?
Sounds great, I'll certainly be keeping an eye out for another one.
ofc man, you should not lost it, i can confirm that proof of interest campaign that Magi is doing is AWESOME and unique.
If hè does than for sure there will be another Proof of Interest campaign.
ahh i wish that you guys can run it again
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