Topic: The MagiCurrency - page 28. (Read 53559 times)
wow, you're so organized...
update more details asap, we are waitting.
Update: wallet v1.1 link - https://mega.co.nz/#!gEZiRT4S!x8BUZDxj__Jirko4CjLeV73q8PfcYtC-eMbcjgKr61M
Please update to wallet v1.1. This update will stop mining rewards at block 75,000, which happens in about two weeks. This allows us to carry on coin swap basically in "unlimited" time without too worry about coin minting in the old block chain. Schedule will be a new coin launch within this period followed by coin swap . About 4.5 mil magicoins will be minted by the end of this period. We will handle the same amount of coin swap. Stay tuned for more info.
The MagiCurrency
http://www.cryptomagic.com
Please update to wallet v1.1. This update will stop mining rewards at block 75,000, which happens in about two weeks. This allows us to carry on coin swap basically in "unlimited" time without too worry about coin minting in the old block chain. Schedule will be a new coin launch within this period followed by coin swap . About 4.5 mil magicoins will be minted by the end of this period. We will handle the same amount of coin swap. Stay tuned for more info.
The MagiCurrencyhttp://www.cryptomagic.com
MAGIC
EXCHANGES
SwissCex | SwapHole | RockyTrade | CoinNext
| ________________________________________________________________ SPECIFICATIONS
FAUCETS http://faucet.cryptomagic.com/ http://www.yougotmagic.net/ POOLS 1. Charity Pool 2. CryptoPoolMining 3. Webcoin.us 4. 24hash 5. CryptoArmy 6. http://magic.n50.ru/ FORUM Link RESOURCES & SERVICES 1. Market cap rank: www.coinmarketcap.com www.cryptocoinrank.com 2. Magicoin Showcase - Market Capitalization & Statistics 3. MagiCoin mining calculator & CoinTweak Mining profitability 4. whatmine CONNECTING US: 1. 2. Facebook group page (Indonesia community): https://www.facebook.com/groups/MagicoinIndonesia (We must say thanks to wakhidNkcom. He has organized 50+ Indonesia MagiFans; here is his facebook page: https://www.facebook.com/wakhidNkcom) 3. Facebook group page: https://www.facebook.com/groups/MagiCoin/ GIVEAWAY https://bitcointalksearch.org/topic/get-free-magicoin-magic-626179 BOUNTIES = News & Articles: 10,000 MAGIC reward - feature us an article (good quality); 5,000 reward to who recommend us an editor/site and get us published; 2,500 MAGIC reward to who provides us info towards article publication. More rewards upon your request. = Mac os and linux wallets: 1,000 per wallet | ________________________________________________________________ MERCHANTS  (https://bitcointalksearch.org/topic/m.7043001)  NEWS & ARTICLES 06/08/2014: cryptosailor.com 06/01/2014: Magicoin Magic, Koin Apalagi Ini?? (Indonesia) 05/27/2014: Magicoin blogsite - The Magicoin new virtual currency. 5/26/2014: Bitcoin Garden - Magicoin (MAGIC): The MagiCurrency 90% coins distributed “normally”, while 10% coins distributed magically 05/26/2014: http://scn.youngeasy.com/show/crypto-news/86799439593.html#.U4OZenbiglk 05/25/2014: Business mkreative group - Magicoin virtual currency UPDATES 06/08/2014 - Check market cap rank here: http://coinmarketcap.com/ 06/03/2014 - Slogan contest three winners: hepi, dearbesz, Russell1 05/27/2014 - Magicoin Showcase - Market Capitalization & Statistics from CryptoShowcase. 05/01/2014 - NEW exchange: SwissCex. 04/27/2014 - www.cryptomagic.com up and running. 04/23/2014 - New wallet (v1.0.1.2). 04/23/2014 - A new exchange: RockyTrade. 04/23/2014 - Two mining pools available: http://pool.webcoin.us/magic http://magic.nitro-pool.com 04/09/2014 - Thanks wzttide, we're on exchange: SwapHole. 04/08/2014 - MGC (previous name; now MAGIC/MAGI) launched. |
HOW DOES THE MAGIC WORK?
In simple, 10% of total coins are used as bonus and randomly embedded in the course of mining:
Initial launch takes two weeks to stabilize; this is to prevent some "big" miners from taking over at the beginning when not many miners are involved. The very first few blocks have zero bonus; wait! this isn't insane? As compensation, Magic hours occur very soon: within the two-week period, there are three magic hours every day which produce the significant number of coins. Because of this, the average coins per block is 25 for the 1st day; when mining proceeds, coins per block exponentially increase to 45 at the 14th day of launch, which is the normal value. So don't go away, or you'll only get zero.
For all the future mining, 45 coins per block are normally mined. If you have enough patience staying with us for a 2-week long, you will get Magicoins. There are 80 coins per block occurring in randomly selected two consecutive magic days in every two weeks. This process repeats; Magicoins get halved every ~4 years. So again don't go away, or you'll only get 90% of the coins.
In simple, 10% of total coins are used as bonus and randomly embedded in the course of mining:
Initial launch takes two weeks to stabilize; this is to prevent some "big" miners from taking over at the beginning when not many miners are involved. The very first few blocks have zero bonus; wait! this isn't insane? As compensation, Magic hours occur very soon: within the two-week period, there are three magic hours every day which produce the significant number of coins. Because of this, the average coins per block is 25 for the 1st day; when mining proceeds, coins per block exponentially increase to 45 at the 14th day of launch, which is the normal value. So don't go away, or you'll only get zero.
For all the future mining, 45 coins per block are normally mined. If you have enough patience staying with us for a 2-week long, you will get Magicoins. There are 80 coins per block occurring in randomly selected two consecutive magic days in every two weeks. This process repeats; Magicoins get halved every ~4 years. So again don't go away, or you'll only get 90% of the coins.
ARE YOU MAGIC?
See here what matrix961 got
I've been solo mining at about 750 kh/s and my first few blocks were around 6 coins each. I then had 1 or 2 at around 7 coins each this morning. I went home for lunch to check again and was surprised. I had gotten another 2 blocks around 12:00-12:16pm EST for 188 each! Is that right?
*Edit* I'm assuming the 2 blocks were from the magic time as stated above...
*Edit* I'm assuming the 2 blocks were from the magic time as stated above...
PREMINE & PUBLIC LEDGER
As you can see, the first 1000 blocks are premined as funds of this project as well as for test purpose, which is about 0.95% of total coins. We don't want avoid this fact. We will be happy to disclose where these coins have been spent and are to be spent. Magicoin DEV will make sure you all know about this, and will make sure all premines are spent in various ways, rather than dumping in exchanges. A ledger will be listed in our official website.
As you can see, the first 1000 blocks are premined as funds of this project as well as for test purpose, which is about 0.95% of total coins. We don't want avoid this fact. We will be happy to disclose where these coins have been spent and are to be spent. Magicoin DEV will make sure you all know about this, and will make sure all premines are spent in various ways, rather than dumping in exchanges. A ledger will be listed in our official website.
FAQ
- How to CPU pool mine?
Quote
1. Download Stratum mining proxy (Link; Linux users: compile the source)
2. Create a .bat file (windows), e.g., start_scrypt_PRC.bat, using a text editor to open it, and adding the following (be sure file extension is really .bat):
The bat file and mining_proxy.exe should lie in the same folder; Above Stratum mining proxy points to pool: mgcus.charityminingpools.com, 3338 is the port; feel free to use any other pools of your choice.
3. Double click .bat file and run it in a DOS command window; if no obvious errors occur, you are good to go.
4. You can do cpu mining in the same computer you run the stratum proxy, or in a different computer. Now download a cpu miner (Link)
5. In the folder having the cpu miner (minerd.exe), create another bat file, and add:
if you cpu mine in the same computer, or
if you cpu mine in a different computer. Here, username and password should be the worker's username and password you should create in the mining pool
NOTE: "-t 4 " means using 4 threads. If you have a 8-core cpu, you can use up to 8. You'll need to optimize the number of threads such that CPU mining does not affect GPU mining. Also, using maximum number of threads does not mean maxim hashing. Usually, leaving 1 thread for GPU should be fine, but you may give more.
6. Run the bat file, you will see the hashing!
2. Create a .bat file (windows), e.g., start_scrypt_PRC.bat, using a text editor to open it, and adding the following (be sure file extension is really .bat):
Code:
mining_proxy.exe -o mgcus.charityminingpools.com -p 3338
3. Double click .bat file and run it in a DOS command window; if no obvious errors occur, you are good to go.
4. You can do cpu mining in the same computer you run the stratum proxy, or in a different computer. Now download a cpu miner (Link)
5. In the folder having the cpu miner (minerd.exe), create another bat file, and add:
Code:
minerd.exe -a scrypt -t 4 -o http://127.0.0.1:8332 -u username -p password
Code:
minerd.exe -a scrypt -t 4 -o http://192.168.0.10:8332 -u username -p password
NOTE: "-t 4 " means using 4 threads. If you have a 8-core cpu, you can use up to 8. You'll need to optimize the number of threads such that CPU mining does not affect GPU mining. Also, using maximum number of threads does not mean maxim hashing. Usually, leaving 1 thread for GPU should be fine, but you may give more.
6. Run the bat file, you will see the hashing!
- How to GPU solo mine?
Quote
1. Set .conf file using the above default. You can use any rpcport you want
2. Run Qt or daemon
3. Set up cgminer parameters, the url should be localhost and without using stratum, e.g.,
35882 is the RPC port, you can do command line too:
4. Run cgminer
2. Run Qt or daemon
3. Set up cgminer parameters, the url should be localhost and without using stratum, e.g.,
Code:
"pools" : [
{
"url" : "127.0.0.1:35882",
"user" : "user",
"pass" : "password"
}
]
Code:
cgminer --scrypt -o http://127.0.0.1:35882 -u user -p password
- How do I mine coins when no pools are available yet?
Quote
1) Download the wallet & open it
2) Go to menu: Help -> Debug window -> then Console
3) Type in the following command and then check information using: getinfo, getbalance, getmininginfo (hash rate)
2) Go to menu: Help -> Debug window -> then Console
3) Type in the following command and then check information using: getinfo, getbalance, getmininginfo (hash rate)
Code:
setgenerate true
- My wallet is not syncing?
Quote
Check your configuration file which should be in the proper folder:
Windows 8: C:\Users\username\AppData\Roaming\magicoin
Windows XP: C:\Documents and Settings\username\Application Data\magicoin
For windows user: type %appdata% in the address bar of the file explorer and "enter", then locate the folder "magicoin/Magicoin"
Linux: ~/.magicoin
If no magicoin/.magicoin folder presents, create a one
Windows 8: C:\Users\username\AppData\Roaming\magicoin
Windows XP: C:\Documents and Settings\username\Application Data\magicoin
For windows user: type %appdata% in the address bar of the file explorer and "enter", then locate the folder "magicoin/Magicoin"
Linux: ~/.magicoin
If no magicoin/.magicoin folder presents, create a one
自信ない?
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