[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]

[111magic]

http://poolinfo.coinmagi.org/


Need info on Magi pools? List of avail m7m rigs listed. Info updated every minute!

[Spexx]

How much Coin Magi I need to get everyday one Coin Magi by stacking?

Interesting question.

It is difficult to give a definitive answer to this due to the variable nature of the POS block rewards. It will depend very much on the individual staking regime used as well. I have run a few experiments with staking and have found that it is certainly possible to generate a minimum of 2% equivalent annual interest simply by sending the entire contents of a wallet to oneself every 30 days.

Working this figure backwards, to generate 1 XMG per day using this staking regime you would need to have around ...

365 / 0.02 = 18250 XMG

... in the wallet to play with.

Hope this helps.

[Dubi]

Okay so I need to invest 0,8754525 BTCs ATM to get everyday one Coin Magi... Thanks

[joelao95]

The more i look at the chart the more its clear to me some one has made a private gpu miner and he dumps... Im thinking selling off my bag, im here since day one.

hm because of the dumping to 4.4k sat, or anything you can tell based on pool?

Well if i had a private miner i wouldn't go on a public pool, like you said "The price is nearly the lowest we got, no good to sell off. " why we see some 7k, 4k, +++ dumps around minimum 1 btc every day. Thats about what a private miner would dump or 1xxx botnet/vpn... I realy think there is, because the way you designed xmg the price would rise not dump. We have very skilled miner dev around and i dont see why, any of those guys wouldn't spend many hours making a private miner and make 1btc a day.

Some other facts regarding mining: https://chainz.cryptoid.info/xmg/#!extraction, there listed a portion unknown that is likely from our pool "pow.magipool.info". So basically we can figure out the "big miners" and how many coins gained by them, combining mining XMG per day: http://xmg.makejar.com/xmg-per-day. It's unlikely that one mines a day and dumps giving rise to 1btc volume. We do have big mining yields in the past few days, but again looking at the mining status, it appears unlikely there is big hidden force which can gather most of the portions, while this is just my guess.

One thing I am sure, we need more miners to secure the network and we may need a few stable pools / P2Pool to avoid the accident pools down.

I haven't yet seen the down of our official pool yet: https://pow.magipool.info which is managed by Historical (our team member); I recommend using this pool, as well as XMGpool.cf: http://104.207.149.217/

[feldenthorne]

I just finished a slew of changes to the wallet (mostly updating serialization and net connection methods) while I was trying to get a P2Pool node up and running. They brought the wallet up to a sort of parallel equilibrium with Bitcoin v0.10 and the most recent releases of the PPC, NVC, and CAP wallets, which... didn't make much difference overall, but I think I finally figured out how P2Pool works and how to fix it.

For anyone interested, here are the wallet diffs: https://github.com/magi-project/magi/compare/master...feldenthorne:1.2.1.3-beta.
I really wouldn't suggest *using* it as your wallet because I've only tested it on Debian and because it's not official, but it's neat to see how much has changed since the wallets have forked and forked again.

To our Magi-cal Devs: let me know if you want me change anything or if you want me to submit a pull request. I'd totally understand not wanting to have to sift through and test all that, but cherry-picking might be useful for bug fixes, error-catching, and feature additions. Also, y'all might want to run grep -r "BottleCap" and clean up a few things. I was considering doing the cleaning myself (and will probably work on it in a few days if I don't hear anything about it), but I'm a bit burnt out after work and this fun little side project.

[111magic]

Thank You! Developments from the community is very much appreciated!
Feldenthorne could you add XMG walletaddress is your signature? Than its easy for me to sent you some gesture coins!

[Erkallys]

When is the deadline for the video contest ?

March 22 20:00 CET!

Short... But I think I'll can finish the translation after the family dinner.

[joelao95]

I just finished a slew of changes to the wallet (mostly updating serialization and net connection methods) while I was trying to get a P2Pool node up and running. They brought the wallet up to a sort of parallel equilibrium with Bitcoin v0.10 and the most recent releases of the PPC, NVC, and CAP wallets, which... didn't make much difference overall, but I think I finally figured out how P2Pool works and how to fix it.

For anyone interested, here are the wallet diffs: https://github.com/magi-project/magi/compare/master...feldenthorne:1.2.1.3-beta.
I really wouldn't suggest *using* it as your wallet because I've only tested it on Debian and because it's not official, but it's neat to see how much has changed since the wallets have forked and forked again.

To our Magi-cal Devs: let me know if you want me change anything or if you want me to submit a pull request. I'd totally understand not wanting to have to sift through and test all that, but cherry-picking might be useful for bug fixes, error-catching, and feature additions. Also, y'all might want to run grep -r "BottleCap" and clean up a few things. I was considering doing the cleaning myself (and will probably work on it in a few days if I don't hear anything about it), but I'm a bit burnt out after work and this fun little side project.

Thanks, feldenthorne; let me check it out and see if we consider a pull request.

[111magic]

When is the deadline for the video contest ?

March 22 20:00 CET!

Short... But I think I'll can finish the translation after the family dinner.

Nice Erkallys! Have a good dinner! 

[111magic]

Coin Magi Voting to add coin to GoUrl Cryptocurrency Payment Gateway -

https://gourl.io/coin-voting.html

Thanks crypto777!
Also rt your tweet about it!

[kondiomir]

Hey guys. I'm returning from exile. I've been banned for sometime for unknown reasons but now I'm on board !!

[111magic]

Hey guys. I'm returning from exile. I've been banned for sometime for unknown reasons but now I'm on board !!

Welcome back amigo.
Good to have you back Kondiomir!

[111magic]

http://webtcexpo.com/






Magi will be promoted on the European Bitcoin expo! Magi will have a speaker on this great event!
If you would like to sponsor that just donate some XMG to 9J66abykcXH9UvcUWoBkjB5THrkmk77BeA
This is the sponsor walletaddress! Coins will go to the speaker promoting Magi there!

[go6ooo1212]

Hey guys. I'm returning from exile. I've been banned for sometime for unknown reasons but now I'm on board !!

I know whats the reason. You got drunk and treating some people in public. You are also lazy , but Im glad that you are part of our nice community

[go6ooo1212]

EBE could bring Magis value to another lever , keep up team

[111magic]

EBE could bring Magis value to another lever , keep up team

You are right about that one!
Made the first donation. 
1000 XMG for the promotion on the European Bitcoin expo 2015! (EBE)

[kondiomir]

Hey guys. I'm returning from exile. I've been banned for sometime for unknown reasons but now I'm on board !!

I know whats the reason. You got drunk and treating some people in public. You are also lazy , but Im glad that you are part of our nice community

[111magic]

Coin Magi Voting to add coin to GoUrl Cryptocurrency Payment Gateway -

https://gourl.io/coin-voting.html

Thanks crypto777!
Also rt your tweet about it!

Hmm lots of information about the voting and receiving extra votes.
Need to read it. Only see payed votes at the moment!
35000 votes needed for adding? Thats a lot!
Crypto777 if you visit our thread again give some more information to our awesome community!

[kondiomir]

http://webtcexpo.com/






Magi will be promoted on the European Bitcoin expo! Magi will have a speaker on this great event!
If you would like to sponsor that just donate some XMG to 9J66abykcXH9UvcUWoBkjB5THrkmk77BeA
This is the sponsor walletaddress! Coins will go to the speaker promoting Magi there!

Donated 500 XMG

Transaction ID: bb578e4a38ede5dfd70efa9dc56f81fe1d47604926b862e85ea89df01fad473d

Hope everyone donate. For the future of Magi!
Thanks!

[go6ooo1212]

Another 500XMG from me:
TxId: 93623f673d95bce1f604e3a7e69170f132d42b69c9212be6a6eee3119c0d8b3d

Good work , my friends