[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 830.

K1lo

full member

Activity: 151

Merit: 100

Moar mining!!! .. oh wait, that's too much

Quote from: Spexx on June 19, 2015, 05:19:10 PM

Yes it is

Hey fellow Magi guys and gals. Long time lurker here - I've finally registered Grin

Spexx I wanted to ask, where did you get that screenshot? Up to now I've pretty much just been mining and selling my XMG but might start staking properly now... in the past on a few hundred XMG I'd only see fractions of an XMG every few days Huh

Spexx

sr. member

Activity: 350

Merit: 250

Mining Co-operative

Yes it is

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: Lightsplasher on June 19, 2015, 03:38:48 PM

One of my dump, err buy support orders got filled too. I've taken the goodness home and am staking interest in the wallet. Wink

Staking is fun!

Spexx

sr. member

Activity: 350

Merit: 250

Mining Co-operative

Quote from: Lightsplasher on June 19, 2015, 03:38:48 PM

One of my dump, err buy support orders got filled too. I've taken the goodness home and am staking interest in the wallet. Wink

Three cheers for that too!

I think there might be some more along soon. Dunno. There is a lot for sale right now.

Lightsplasher

sr. member

Activity: 371

Merit: 250

Quote from: Spexx on June 19, 2015, 12:53:04 PM

Quote from: The Frisian on June 19, 2015, 11:58:35 AM

Quote from: Datsaja on June 19, 2015, 11:54:41 AM

Quote from: The Frisian on June 19, 2015, 11:35:24 AM

Wow, someone dumped 20K of his coins at bittrex.
I was the lucky one who got 6K of them.

And you are Happy to support Dumping?

Wow...Thats not very Magi

I suppose that's called buy support, not dump support.
If I didn't buy this much, the price would now be around 5000 sat instead of 6000 sat.

Good solid buy support.

Heroic in fact. Very well done.

One of my dump, err buy support orders got filled too. I've taken the goodness home and am staking interest in the wallet. Wink

111magic

legendary

Activity: 1750

Merit: 1005

Info and rules for the awesome Proof of Interest II 2015 will be posted this weekend!

Spexx

sr. member

Activity: 350

Merit: 250

Mining Co-operative

Quote from: Masked_Immortal on June 19, 2015, 02:21:03 PM

today i checked magi diff for first time, so i noticed a considerable difference between pow and pos difficulty, i know mining in pos is more profitable
but this big difference is confusing for me?!
a little help plz...

Hi,

The proof-of-work mining is much more difficult than the proof-of-stake mining.

You need some good hashing power with the program minerd.exe to earn some XMG from proof-of-work mining.

The hashing power for proof-of-stake mining comes from the XMG wallet when opened for staking and does not need to do much work to mine a proof-of-stake block.

A proof-of-stake block is worth a lot less than a proof-of-work block.

There is symmetry for you Cheesy

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: Masked_Immortal on June 19, 2015, 02:21:03 PM

today i checked magi diff for first time, so i noticed a considerable difference between pow and pos difficulty, i know mining in pos is more profitable
but this big difference is confusing for me?!
a little help plz...

Here are some links with information:
Maybe they are convenient for you.
https://bitcointalksearch.org/topic/m.9991269
https://bitcointalksearch.org/topic/m.10025120
https://bitcointalksearch.org/topic/m.10086494
https://bitcointalksearch.org/topic/m.10182567

Masked_Immortal

member

Activity: 67

Merit: 10

today i checked magi diff for first time, so i noticed a considerable difference between pow and pos difficulty, i know mining in pos is more profitable
but this big difference is confusing for me?!
a little help plz...

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: The Frisian on June 19, 2015, 01:47:52 PM

Quote from: 111magic on June 19, 2015, 12:32:19 PM

Its Magi! Guess I missed this chance to buy some XMG cheap!

Well, put a few btc around 6000 now.
Maybe there's still someone around who wants to dump.
Otherwise it will keep the price above 6000.
I'm out of btc for the moment. (or should sell my bag of NAVs)

Thanks Spexx.

Nice The Frisian!
Magi is happy to have people like you in our community!
Sort of value-preserver !!
Thanks amigo.

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: 111magic on June 19, 2015, 12:32:19 PM

Its Magi! Guess I missed this chance to buy some XMG cheap!

Well, put a few btc around 6000 now.
Maybe there's still someone around who wants to dump.
Otherwise it will keep the price above 6000.
I'm out of btc for the moment. (or should sell my bag of NAVs)

Thanks Spexx.

Spexx

sr. member

Activity: 350

Merit: 250

Mining Co-operative

Quote from: The Frisian on June 19, 2015, 11:58:35 AM

Quote from: Datsaja on June 19, 2015, 11:54:41 AM

Quote from: The Frisian on June 19, 2015, 11:35:24 AM

Wow, someone dumped 20K of his coins at bittrex.
I was the lucky one who got 6K of them.

And you are Happy to support Dumping?

Wow...Thats not very Magi

I suppose that's called buy support, not dump support.
If I didn't buy this much, the price would now be around 5000 sat instead of 6000 sat.

Good solid buy support.

Heroic in fact. Very well done.

Spexx

sr. member

Activity: 350

Merit: 250

Mining Co-operative

By absolute chance, I watched it happen. 20K XMG sold in a flash.

I only checked in to Bittrex briefly (I don't use it) and had just read the sell price and then looked at the buy price ... which dropped like a stone in a second. I had to rub my eyes and check the url and reload the page before I believed it.

There was a small sell panic on the other exchanges, which was mopped up easily.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: The Frisian on June 19, 2015, 11:58:35 AM

Quote from: Datsaja on June 19, 2015, 11:54:41 AM

Quote from: The Frisian on June 19, 2015, 11:35:24 AM

Wow, someone dumped 20K of his coins at bittrex.
I was the lucky one who got 6K of them.

And you are Happy to support Dumping?

Wow...Thats not very Magi

I suppose that's called buy support, not dump support.
If I didn't buy this much, the price would now be around 5000 sat instead of 6000 sat.

Its Magi! Guess I missed this chance to buy some XMG cheap!

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: Datsaja on June 19, 2015, 11:54:41 AM

Quote from: The Frisian on June 19, 2015, 11:35:24 AM

Wow, someone dumped 20K of his coins at bittrex.
I was the lucky one who got 6K of them.

And you are Happy to support Dumping?

Wow...Thats not very Magi

I suppose that's called buy support, not dump support.
If I didn't buy this much, the price would now be around 5000 sat instead of 6000 sat.

Datsaja

newbie

Activity: 15

Merit: 0

Quote from: The Frisian on June 19, 2015, 11:35:24 AM

Wow, someone dumped 20K of his coins at bittrex.
I was the lucky one who got 6K of them.

And you are Happy to support Dumping?

Wow...Thats not very Magi

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Wow, someone dumped 20K of his coins at bittrex.
I was the lucky one who got 6K of them.

Datsaja

newbie

Activity: 15

Merit: 0

Quote from: okae on June 19, 2015, 09:52:53 AM

Quote from: Spexx on June 19, 2015, 06:10:00 AM

It really is a shame that these people spoil it for everybody. Excessive hashrates like that should be pointed at the XMG multipool, not at the XMG blockchain.

i think that this is the point, why pools didnt do it?, they need something really complicated to apply it or what?

i think most of us will agree if all pools do it, yes? something like put some type of khs top.

I am pretty sure that those who have those Hashdozers just lean back and laugh at the people who mine the dust then.

Classic "I have enough get more and laugh at those with less" behavior and very very poor xD

I hope those blockbrakers read our posts and might recognize that its just Childish and stupid what they do Cheesy

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: Spexx on June 19, 2015, 06:16:57 AM

Additional:

I would like to point out that our latest XMG mining pool operates the same 250 Kh/s limit as the Coinmagi Proof-of-Mining pool, which is something to be admired.

Please show your support by switching away from pools that allow these bulldozers to operate unchecked. A good solid boycott might just drive the message home.

Join us at Cloud2b mining pool:-

https://xmg.cloud2b.de/index.php

point your miners at stratum+tcp://xmg.cloud2b.de:3333

You know it makes sense Wink

Good words Spexx.
If people would like to join the Proof of Mining you can also use the new pool!!!

okae

legendary

Activity: 1401

Merit: 1008

northern exposure

Quote from: Spexx on June 19, 2015, 06:10:00 AM

It really is a shame that these people spoil it for everybody. Excessive hashrates like that should be pointed at the XMG multipool, not at the XMG blockchain.

i think that this is the point, why pools didnt do it?, they need something really complicated to apply it or what?

i think most of us will agree if all pools do it, yes? something like put some type of khs top.

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 830. (Read 2375972 times)