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Topic: [ANN][MAG] MAGNET - GOES STELLAR - More in description / magnetwork.io - page 42. (Read 83023 times)

legendary
Activity: 1753
Merit: 1007
Anyone, who want mine Magnet and other altcoins please try this good multipool. Advantage of this pool is exluding of DASH coin from mining.
Simple compare BTC/GHS/DAY value with zpool.ca ))
d3pool.eu
legendary
Activity: 1108
Merit: 1005

Does the wallet have to remain open or unlocked for the masternode to work?
Is anyone using staking = 0?
How long does it take before you see rewards?


yeah, you can close your wallet after starting a masternode.
wait a few minutes then check if your masternode appeared on the network - http://magnetwork.io/checkmn/

you need to set staking = 0 in magnet.conf

Are you sure, you have to set staking = 0?
Because I have staking = 1, and I'm getting MN rewards and POS too.
member
Activity: 174
Merit: 12

Does the wallet have to remain open or unlocked for the masternode to work?
Is anyone using staking = 0?
How long does it take before you see rewards?


yeah, you can close your wallet after starting a masternode.
wait a few minutes then check if your masternode appeared on the network - http://magnetwork.io/checkmn/

you need to set staking = 0 in magnet.conf
newbie
Activity: 2
Merit: 0
Hello,  this is probably a newbie question.   I have a cold wallet setup for the Magnet masternode.   When I unlock my PC and open the wallet the masternode status is "updating network list".  After unlocking the wallet I select "start all" the masternode status says "Masternode is running".
 
Does the wallet have to remain open or unlocked for the masternode to work?
Is anyone using staking = 0?
How long does it take before you see rewards?
hero member
Activity: 854
Merit: 502
Does anybody mine coins successfully?
I failed to connected the mining pools.
I can not find trade interface on the mainstream
exchanges.Is the coin still living?


Try miningpool.shop
Its a good pool, even better than official one imho

Exchange mostly in Coinexchange.io
newbie
Activity: 59
Merit: 0
Yes, I mine MAG successfully.
It connects to official pool as usual.
It trades on coinexchange and some others, at least first one functions like usual.
Yes, it is alive. )

Does anybody mine coins successfully?
I failed to connected the mining pools.
I can not find trade interface on the mainstream
exchanges.Is the coin still living?

member
Activity: 100
Merit: 10
Does anybody mine coins successfully?
I failed to connected the mining pools.
I can not find trade interface on the mainstream
exchanges.Is the coin still living?

You could jump in Discord to see if this coin is dead or not.
newbie
Activity: 84
Merit: 0
Does anybody mine coins successfully?
I failed to connected the mining pools.
I can not find trade interface on the mainstream
exchanges.Is the coin still living?
newbie
Activity: 59
Merit: 0
Will see what explanations will give us the dev.
Hope soon and will be fixed if it is mistake.


Can somebody epxplain what happens with MAG specifications?

In whitepaper says:

Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks

So, it is 24*3600/90=960 blocks per 24h

I put command "getinfo" in the console of debug window of the latest magnet wallet
and it says for now 10.02.2018/20:16:

{
    "version" : "v1.3.0.0-61403",
    "protocolversion" : 61403,
    "walletversion" : 60000,
    "darksend_balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 151856,
    "timeoffset" : 1,
    "moneysupply" : 14718352.13753063,
    "connections" : 13,
    "proxy" : "",
    "difficulty" : 47615.84673888,
    "testnet" : false,
    "keypoololdest" : 1511982826,
    "keypoolsize" : 1001,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""
}

We are at block #151856

151856/960=151.18 days or more than 5 months BUT the project was started in November of 2017,
about 3 months before, not 5 months.

And finally i do some researches.

I open my transactions and take two points:

1. txid: 46615bd7d579ed98b9ae8ab1e85d4a15bda3a2dff7564fc3d6860f10fc4bc502  at 02.12.2017, 14:01 / 115814 confirmations
2. txid: 67fb03fa05ea16f2c3d470bb926209228c7d508fe73742bd98d7fba746380fd5 at 20.12.2017, 13:51 / 86227 confirmations

So, from 1 to 2 was 115814-86227=29587 blocks
29587/(20-2)=1644 blocks per day which is greater than specified 960 blocks/day

Lets take some other points:

3. txid: 95dfb03afec12ddf0f1a64b59077bb04236ff228e5b806922db1d050d1b2775e at 19.12.2017, 10:00 / 88129 confirmations
4. txid: 6d4afb499e3eafa0b3076ca03c5607347aa9fd0baf973a563141fba606db53d5 at 03.02.2018, 10:08 / 12092 confirmations

So, from 3 to 4 was 88129-12092=76037 blocks
76037/46=1652 blocks per day, almost the same like from 1'st case

Could somebody explain all this?


It is include POS Block.
Block time seem only count for POW block
hero member
Activity: 854
Merit: 502
Can somebody epxplain what happens with MAG specifications?

In whitepaper says:

Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks

So, it is 24*3600/90=960 blocks per 24h

I put command "getinfo" in the console of debug window of the latest magnet wallet
and it says for now 10.02.2018/20:16:

{
    "version" : "v1.3.0.0-61403",
    "protocolversion" : 61403,
    "walletversion" : 60000,
    "darksend_balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 151856,
    "timeoffset" : 1,
    "moneysupply" : 14718352.13753063,
    "connections" : 13,
    "proxy" : "",
    "difficulty" : 47615.84673888,
    "testnet" : false,
    "keypoololdest" : 1511982826,
    "keypoolsize" : 1001,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""
}

We are at block #151856

151856/960=151.18 days or more than 5 months BUT the project was started in November of 2017,
about 3 months before, not 5 months.

And finally i do some researches.

I open my transactions and take two points:

1. txid: 46615bd7d579ed98b9ae8ab1e85d4a15bda3a2dff7564fc3d6860f10fc4bc502  at 02.12.2017, 14:01 / 115814 confirmations
2. txid: 67fb03fa05ea16f2c3d470bb926209228c7d508fe73742bd98d7fba746380fd5 at 20.12.2017, 13:51 / 86227 confirmations

So, from 1 to 2 was 115814-86227=29587 blocks
29587/(20-2)=1644 blocks per day which is greater than specified 960 blocks/day

Lets take some other points:

3. txid: 95dfb03afec12ddf0f1a64b59077bb04236ff228e5b806922db1d050d1b2775e at 19.12.2017, 10:00 / 88129 confirmations
4. txid: 6d4afb499e3eafa0b3076ca03c5607347aa9fd0baf973a563141fba606db53d5 at 03.02.2018, 10:08 / 12092 confirmations

So, from 3 to 4 was 88129-12092=76037 blocks
76037/46=1652 blocks per day, almost the same like from 1'st case

Could somebody explain all this?


It is include POS Block.
Block time seem only count for POW block
newbie
Activity: 59
Merit: 0
Can somebody epxplain what happens with MAG specifications?

In whitepaper says:

Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks

So, it is 24*3600/90=960 blocks per 24h


Have you seen the hashrate recently? It spikes up to 400t/h. That's a lot of hashing power. That's why blocks are being generated so fast. 

Have you read my post and checked the dates which I used to calculate the average quantity of blocks per day?
And, in each blockchain thereis difficulty which recalculates every time when nethash changes to aim specified quantity of blocks.
So, at least I'm waiting for official fix of this mistake.
hero member
Activity: 854
Merit: 502
the 50 mag I have I leave in Exchange, does the value really increase if the amount of MAG is too high in Exchange? I did not know that interfered with the value of money.
Still lacking the CREX24 to start receiving Mag and sell there the value will go back up a little if the volume is good
For beginners miners low is good, but for those who have lots, lots of money the high value is insignificant. to be between 0.6 and 0.3 until the middle of the year is good to get the coins mining, then if the currency rises again the difficulty will increase so much that you will not have to get 0.01 MAG per day, the amount of D3 antminer that will flood into the Magnet will be insane if its value starts to rise.

D3 is bad investment and its a curse for X11 algo. All coins that use X11 algo will not give you profit right now, because of D3 itself.
Every coin that get good demand and have the price rise will get "hash boom" because miner moving to more profitable coin and in the end decrease your earning (in coin) and finally the price (in $)

The only hope for D3 is the rising price of DASH (with associate with bitcoin price), if DASH price is good then all good X11 coin will follow the line, as i believe MAG will do.
hero member
Activity: 854
Merit: 502
Trying to setup a masternode following the exact instructions at (http://magnetwork.io/wp-content/uploads/2018/01/COLD_WALLET_SETUP_TUTORIAL-FOR-BEGINNERS.pdf). Tried several times with fresh VPS instances from Vultr, all three times I received the following message when executing the ./magnetd command:

./magnetd: error while loading shared libraries: libboost_system.so.1.62.0: cannot open shared object file: No such file or directory

Any ideas. I'm using Ubuntu 17.10 x64.

Thank you

You have same mistake like i did before
You are missing some important file. In that instruction, a char is mising, try use this one :

Code:
sudo apt-get install build-essential libtool automake autotools-dev autoconf pkg-config libssl-dev libgmp3-dev libevent-dev bsdmainutils

You have to make sure use command ./magnetd result is
Code:
Error: To use magnetd, you must set a rpcpassword in the configuration file:
/home/contact/.magnet/magnet.conf
newbie
Activity: 1
Merit: 0
Trying to setup a masternode following the exact instructions at (http://magnetwork.io/wp-content/uploads/2018/01/COLD_WALLET_SETUP_TUTORIAL-FOR-BEGINNERS.pdf). Tried several times with fresh VPS instances from Vultr, all three times I received the following message when executing the ./magnetd command:

./magnetd: error while loading shared libraries: libboost_system.so.1.62.0: cannot open shared object file: No such file or directory

Any ideas. I'm using Ubuntu 17.10 x64.

Thank you
member
Activity: 186
Merit: 10
Do these Devs think we are stupid? Lol, I love how they just hope no one will see that they've raped the blockchain prior to posting an ANN..

Edit: I'm sure he'll make some bullshit excuse on how he posted the github files at time of him/his friends mining.
member
Activity: 174
Merit: 12
Can somebody epxplain what happens with MAG specifications?

In whitepaper says:

Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks

So, it is 24*3600/90=960 blocks per 24h


Have you seen the hashrate recently? It spikes up to 400t/h. That's a lot of hashing power. That's why blocks are being generated so fast. 
newbie
Activity: 59
Merit: 0
the 50 mag I have I leave in Exchange, does the value really increase if the amount of MAG is too high in Exchange? I did not know that interfered with the value of money.
Still lacking the CREX24 to start receiving Mag and sell there the value will go back up a little if the volume is good
For beginners miners low is good, but for those who have lots, lots of money the high value is insignificant. to be between 0.6 and 0.3 until the middle of the year is good to get the coins mining, then if the currency rises again the difficulty will increase so much that you will not have to get 0.01 MAG per day, the amount of D3 antminer that will flood into the Magnet will be insane if its value starts to rise.
newbie
Activity: 11
Merit: 0
The silence scares me and the story of Peter Sm appears, sometimes the developers have explanations.

Friends who have MAG in their wallets send to Coinexchage, the volume of the coin in the market has increased the value of the coin.
newbie
Activity: 59
Merit: 0
Can somebody epxplain what happens with MAG specifications?

In whitepaper says:

Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks

So, it is 24*3600/90=960 blocks per 24h

I put command "getinfo" in the console of debug window of the latest magnet wallet
and it says for now 10.02.2018/20:16:

{
    "version" : "v1.3.0.0-61403",
    "protocolversion" : 61403,
    "walletversion" : 60000,
    "darksend_balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 151856,
    "timeoffset" : 1,
    "moneysupply" : 14718352.13753063,
    "connections" : 13,
    "proxy" : "",
    "difficulty" : 47615.84673888,
    "testnet" : false,
    "keypoololdest" : 1511982826,
    "keypoolsize" : 1001,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""
}

We are at block #151856

151856/960=151.18 days or more than 5 months BUT the project was started in November of 2017,
about 3 months before, not 5 months.

And finally i do some researches.

I open my transactions and take two points:

1. txid: 46615bd7d579ed98b9ae8ab1e85d4a15bda3a2dff7564fc3d6860f10fc4bc502  at 02.12.2017, 14:01 / 115814 confirmations
2. txid: 67fb03fa05ea16f2c3d470bb926209228c7d508fe73742bd98d7fba746380fd5 at 20.12.2017, 13:51 / 86227 confirmations

So, from 1 to 2 was 115814-86227=29587 blocks
29587/(20-2)=1644 blocks per day which is greater than specified 960 blocks/day

Lets take some other points:

3. txid: 95dfb03afec12ddf0f1a64b59077bb04236ff228e5b806922db1d050d1b2775e at 19.12.2017, 10:00 / 88129 confirmations
4. txid: 6d4afb499e3eafa0b3076ca03c5607347aa9fd0baf973a563141fba606db53d5 at 03.02.2018, 10:08 / 12092 confirmations

So, from 3 to 4 was 88129-12092=76037 blocks
76037/46=1652 blocks per day, almost the same like from 1'st case

Could somebody explain all this?
newbie
Activity: 11
Merit: 0
look the market

 Angry

2018-02-10 14:17:52   sell   0.00004680   55.00000000   0.00257400
2018-02-10 14:17:27   sell   0.00004680   64.43122472   0.00301538
2018-02-10 14:15:56   sell   0.00004680   14.55570327   0.00068121
2018-02-10 14:14:41   sell   0.00004680   590.00000000   0.02761200
2018-02-10 14:14:37   sell   0.00004680   272.27952551   0.01274268
2018-02-10 14:14:23   sell   0.00004680   900.00000000   0.04212000
2018-02-10 14:13:09   sell   0.00004680   357.83247261   0.01674656
2018-02-10 14:12:21   sell   0.00004680   694.00000000   0.03247920
2018-02-10 14:12:20   sell   0.00004680   427.35042735   0.02000000
2018-02-10 14:11:49   sell   0.00004680   46.00000000   0.00215280
2018-02-10 14:10:18   sell   0.00004680   234.29641446   0.01096507
2018-02-10 14:10:17   buy   0.00004680   145.60170563   0.00681416
2018-02-10 14:10:15   sell   0.00004301   64.43122472   0.00277119
2018-02-10 14:10:15   sell   0.00004302   180.07769215   0.00774694
2018-02-10 14:10:15   sell   0.00004306   590.00000000   0.02540540
2018-02-10 14:08:19   buy   0.00004307   67.20945367   0.00289471
2018-02-10 14:04:19   sell   0.00004307   32.35243125   0.00139342
2018-02-10 14:02:34   buy   0.00004307   67.64756875   0.00291358
2018-02-10 14:01:59   sell   0.00004307   432.35243125   0.01862142
2018-02-10 13:58:46   sell   0.00004307   127.62037140   0.00549661
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