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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 949. (Read 2375939 times)

full member
Activity: 206
Merit: 100
As i see in this page, block height = 248823, if hashrate from 30 to 40 MHz, the reward will be 48-18 XMG,

But in real time, the network hashrate at this moment are 30-34MHz, but the newest block values only 5-6 XMG  instead of 47 Huh Huh

The block rewards are actually calculated using the average of the previous 2000 block difficulties... so the plotter is probably correct, but it operates as if your inputs are the average difficulty on the network, not the instantaneous difficulty.
So the average hashrate for the last 2000 blocks has apparently been ~46 MH/s.

It's possible to address this issue by keeping a log of block difficulties and performing a rolling average of the most recent 2000 blocks... but that's a lot of work.
It's probably easier to check the most recent block's reward and to use that as a guideline for where the hashrate is.
member
Activity: 99
Merit: 10
Since people seem to ask about the fluctuation in block rewards pretty frequently, I put together a responsive HTML/JS page that makes a pretty plot based on an input block number and difficulty range.
It outputs stuff like this:
You can play around with the actual plotter here: http://starflakenights.net/crypto/blockreward/xmg.html.

I hope it helps explain block rewards to someone down the line, but it was fun to finally figure out how Javascript works regardless.

As i see in this page, block height = 248823, if hashrate from 30 to 40 MHz, the reward will be 48-18 XMG,

But in real time, the network hashrate at this moment are 30-34MHz, but the newest block values only 5-6 XMG  instead of 47 Huh Huh
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
All, since MagiPay is launched, we're actually hitting issues from time to time. NeedIfFindIt is a great help on the debugging. Here I wish whoever can do tests, please do so ASAP and get back any issues / comments to me. The launch post:

https://bitcointalksearch.org/topic/m.10683233

Link:  https://www.m-epays.com
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
GetProofOfWorkReward_OPM() is the right one; I am looking at block 242212; there is a rising up to diff = 2.625 after the dip, that's calculated by https://github.com/magi-project/magi/blob/master/src/main.cpp#L1064, anyways this is a trivial part though. Here is a figure showing the reward vs diff: https://bitcointalksearch.org/topic/m.9991269

If you're talking about the undershoot between D=2.25 and D=2.625, ,
that's a problem with using Bezier curves to fit a line to the points, not a point calculation issue. I've already included the whole of GetProofOfWorkReward_OPM().

Because that was a little misleading, though, I just added the ability to set the number of sampling points for the curve, which should fix the aliasing issue if you add enough points (I set the default to 15). I'd just kill the Bezier curve use altogether, but the amount of points necessary to make a smooth curve without them makes the plots look cluttered.

Now I got it Smiley, that's fine and actually the trivial part; people shall get the idea; thanks for the site.
legendary
Activity: 1750
Merit: 1005
That picture is so sharp it looks like you just can take the coins! Smiley
One word for that: Awesome!

Notice picture is missing.
Will try again.

hero member
Activity: 575
Merit: 502
Very nice picture again Hefty!
Sharp view and modern, well done!





I got no words for this, my respect for this Hefty  Wink
full member
Activity: 206
Merit: 100
GetProofOfWorkReward_OPM() is the right one; I am looking at block 242212; there is a rising up to diff = 2.625 after the dip, that's calculated by https://github.com/magi-project/magi/blob/master/src/main.cpp#L1064, anyways this is a trivial part though. Here is a figure showing the reward vs diff: https://bitcointalksearch.org/topic/m.9991269

If you're talking about the undershoot between D=2.25 and D=2.625, ,
that's a problem with using Bezier curves to fit a line to the points, not a point calculation issue. I've already included the whole of GetProofOfWorkReward_OPM().

Because that was a little misleading, though, I just added the ability to set the number of sampling points for the curve, which should fix the aliasing issue if you add enough points (I set the default to 15). I'd just kill the Bezier curve use altogether, but the amount of points necessary to make a smooth curve without them makes the plots look cluttered.
full member
Activity: 168
Merit: 100

Me too, nice work, Hefty. Probably "COIN OF THE MAGI" better than "THE COIN OF THE MAGI". How does standalone logo look like in 2D?

thanks m8s  Smiley, Joelao i can put "coin of the magi" withough "the" that will probably look better, standalone 2D version is missing something i will pm you pic tomorrow i need to render it, i was thinking to put some small/micro engravings around sigma something about magi that defines this coin and to make it very interesting to look at it from close idk, it would be great if you can give me some ideas what to add  Smiley or to put "coin of the magi" on top and some other text on bottom idk. 2D version will probably look better if i make it in illustrator.

cheers  Smiley
legendary
Activity: 1750
Merit: 1005
Magi XMG Proof of Interest 2015 Launch 01-April-2015
Earth is something Magical. Coin of the #Magi will show the magic of digital currency!
(quote twitter @103tango)


Banks give interest. Today, not much! Magi does this better!
The Coin of the Magi is the digital currency of the future, fair unique and for all people living everywhere!

Rules for first Magi Proof of Interest 2015!

The base is very simple.
Time period: The Proof of Interest will last two months.

When can I register to participate? Registration is now open!

How do I sign up? Tell me that you want to join the PoI here: http://bitcoingarden.tk/forum/index.php?topic=3265.0

What information should I include? Give your wallet XMG address in a post here: http://bitcoingarden.tk/forum/index.php?topic=3265.0 (only one address allowed to join)

I want to join the Proof of Interest but don't want to share my walletaddress? Just PM me the information.

I will check the balance, and that balance will start participating in the PoI. (After confirmation participant)

When will I receive my interest? Interest will be paid on 01-juni-2015

What happens if I have more XMG in my wallet on 01-juni-2015? You will receive interest on the amount present in your wallet on that date. (Advantage participant)

What happens if I have less XMG in my wallet on 01-juni-2015?
you will not receive any interest if you have more than 20% less coins in your wallet! (Drawback participant)

What happens if I XMG have used to pay for goods? This has no negative effect on your interest. (Receipt required)

How will be interest distributed? The interest will be distributed by means of a specific calculation. This can be influenced by the number of participants, level of the fund and total number of coins that participate. Team will check addresses random and record the coins in that address. Based on that the interest calculation will be done!

Who will pay the interest for this Proof of Interest campaign? I received the first donation of 25,000 XMG. On his request, the donor will remain anonymous!

Interest will be paid to the designated address wallet.
Changes during the Proof of Interest are not possible.
Exchanges or wallet address on an exchange are excluded from participation.

If you have questions don't hesitate just ask me.

Amazing how many people respond!
legendary
Activity: 1750
Merit: 1005

I can also inform you that delivering new merchants can provide a reward of at least 100 XMG up to 1000 XMG.
Depending on the size and type of merchants.

Would love to see some new merchants in the magi community. Smiley

Anyone talking to merchants?
Thats right Ex33s Magi also has rewards for that!
sr. member
Activity: 476
Merit: 250
While the team is still busy developing the new PoM
(pools and registration mode),Magi will launch another interesting campaign.
On request, there will be launched a "Proof of Interest" campaign. Grin
More information will follow this evening.
I can also inform you that delivering new merchants can provide a reward of at least 100 XMG up to 1000 XMG.
Depending on the size and type of merchants.

Would love to see some new merchants in the magi community. Smiley

Anyone talking to merchants?
sr. member
Activity: 476
Merit: 250
Very nice picture again Hefty!
Sharp view and modern, well done!


Nice!! I Like this alot! Smiley

Edit: removed linked to dead image.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Very nice picture again Hefty!
Sharp view and modern, well done!





Loving this pic. Superginormouslyfantasmagorical would be too small a word to describe it. Like I can reach out and touch them. They exist! I want some!


Me too, nice work, Hefty. Probably "COIN OF THE MAGI" better than "THE COIN OF THE MAGI". How does standalone logo look like in 2D?
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Nice work; a bit wondering about the reward not hitting zero? (actually minimum mining fee) at high difficulty values.  

I grabbed GetProofOfWorkReward() from main.cpp, which has an if (nSubsidy < 3) nSubsidy = 3; in the PoW phase 2 code.

Now that I look at this, having had some more sleep, should I be using the GetProofOfWorkRewardV2()? Which I guess would mean GetProofOfWorkReward_OPM()?


Edit: I swapped the script to use GetProofOfWorkReward_OPM(), for ( BLOCK_REWARD_ADJT_M7M_V2 < nHeight < END_MAGI_POW_HEIGHT_V2). But the block reward still continues indefinitely as MIN_TX_FEE if (nHeight >= END_MAGI_POW_HEIGHT_V2), as per the code.
I also fixed point calculation because it was concatenating floats as strings, which screwed up middle points on the plot when low difficulty was greater than 0.
Hard refresh (Ctrl+F5) or clear your cache if you're stuck on the old one.

GetProofOfWorkReward_OPM() is the right one; I am looking at block 242212; there is a rising up to diff = 2.625 after the dip, that's calculated by https://github.com/magi-project/magi/blob/master/src/main.cpp#L1064, anyways this is a trivial part though. Here is a figure showing the reward vs diff: https://bitcointalksearch.org/topic/m.9991269
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
Thank you for this! Smiley
legendary
Activity: 1750
Merit: 1005
Just FYI XMG is out of the dangerzone on c-cex.
 Cheesy
legendary
Activity: 1120
Merit: 1004
While I am on here ...

Does anybody here know how to get Suprnova JSON pool stats downloaded into a file?

I can view them online using the URL and my API key, whether I am logged on or not, but can't grab them using wget.exe or curl.exe and the same URL/API key. I can do it with all the other pools - only Suprnova gives me a problem with the SSL connection. I tried contacting them but no reply despite a reminder, so I am a bit stuck on a bit of software development right now. Probably a good time to go have a beer Wink



I'm also interested !
sr. member
Activity: 350
Merit: 250
Mining Co-operative
While I am on here ...

Does anybody here know how to get Suprnova JSON pool stats downloaded into a file?

I can view them online using the URL and my API key, whether I am logged on or not, but can't grab them using wget.exe or curl.exe and the same URL/API key. I can do it with all the other pools - only Suprnova gives me a problem with the SSL connection. I tried contacting them but no reply despite a reminder, so I am a bit stuck on a bit of software development right now. Probably a good time to go have a beer Wink

sr. member
Activity: 350
Merit: 250
Mining Co-operative
Very nice picture again Hefty!
Sharp view and modern, well done!





Loving this pic. Superginormouslyfantasmagorical would be too small a word to describe it. Like I can reach out and touch them. They exist! I want some!
legendary
Activity: 1750
Merit: 1005
Very nice picture again Hefty!
Sharp view and modern, well done!



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