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

[K1lo]

Around 68% of the blocks are extracted by proof of stake now in various different wallets.

I had no idea it was that high!! 

[Coins-R-Us]

I just started looking into the possibility of getting
Magi added (incorporated) into 2 different sites.

I won't mention any more details yet, but I will
keep you posted, when i get some answers as to
what it might require, such as a fee or donations.

OK i will tell you this:  Both sites have games  

[starmman]

I just started looking into the possibility of getting
Magi added (incorporated) into 2 different sites.

I won't mention any more details yet, but I will
keep you posted, when i get some answers as to
what it might require, such as a fee or donations.

OK i will tell you this:  Both sites have games  

Awesome, sounds good - inclusion of games is a great way to add/entice more people to the platform. I will certainly keep an eye out =D

[111magic]

I just started looking into the possibility of getting
Magi added (incorporated) into 2 different sites.

I won't mention any more details yet, but I will
keep you posted, when i get some answers as to
what it might require, such as a fee or donations.

OK i will tell you this:  Both sites have games  

Awesome, sounds good - inclusion of games is a great way to add/entice more people to the platform. I will certainly keep an eye out =D

Thats great! Well done & keep us informed!

[skyline_king]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

[111magic]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

Sorry for the late respons. It was a really good question.
Its possible to join the campaign with less than 1000 XMG. But to receive interest the wallet balance needs to be min 1000 XMG at the end of the campaign for receiving interest. I added it in the rules.
Thanks for the good question.

[starmman]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

Sorry for the late respons. It was a really good question.
Its possible to join the campaign with less than 1000 XMG. But to receive interest the wallet balance needs to be min 1000 XMG at the end of the campaign for receiving interest. I added it in the rules.
Thanks for the good question.

That's a great way to get new people involved in the coin, and even to help drive value a little bit - good thinking =)

[skyline_king]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

Sorry for the late respons. It was a really good question.
Its possible to join the campaign with less than 1000 XMG. But to receive interest the wallet balance needs to be min 1000 XMG at the end of the campaign for receiving interest. I added it in the rules.
Thanks for the good question.

Alright thanks glad that I got a bit to finish working my way over 1000...

Can I pm you in a bit and maybe get some help setting up cpu mining?

[loveapple]

any update?

[111magic]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

Sorry for the late respons. It was a really good question.
Its possible to join the campaign with less than 1000 XMG. But to receive interest the wallet balance needs to be min 1000 XMG at the end of the campaign for receiving interest. I added it in the rules.
Thanks for the good question.

Alright thanks glad that I got a bit to finish working my way over 1000...

Can I pm you in a bit and maybe get some help setting up cpu mining?

Amigo you can better post your mining question here.
In our awesome Magi community are a lot of great miners who can help you.

[111magic]

Hi all

Below the RULES from the awesome Magi (XMG) Proof of Interest campaign IV
The Magi Proof of Interest campaigns has been very successful. The past campaign gave interest between 6% & 7% during the campaign period. No banks will give you that.
In the past 2 years Magi has become a stable and fair currency.
This is due to the genius developer and the enormous willingness of the community to work together on this beautiful coin.
Magi has also started without a fund and without IPO.
Many things were achieved from voluntary and without private profit.
It is unique that the Magi continues to grow in this way and that makes the currency more attractive to the bigger players in the digital  currency world.

The Proof of Interest campaign is a token of appreciation from the Magi team to the beautiful and growing Magi community.
Magi will continue to ask the community to help further growth.
New articles, services, exchanges, faucets etc are things Magi is looking for.
Together we can achieve a lot!

Enjoy the Proof of Interest campaign and remember to read the rules!

Magi (XMG) The unique currency of the future!

-----------------------------------------------------------------------------------------------------------------------------------------------

Banks do give interest but not very 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 the Magi Proof of Interest 4 2016!

The base is very simple.
Time period: The Proof of Interest will last 3 months.

When can I register to participate? Registration will be open: 15-sept-2016  (Magi's birthday) & will be closed at 15-oct-2016.

How do I sign up? Tell me that you want to join the PoI here: http://bitcoingarden.tk/forum/index.php?topic=10308.0
Registration is done by posting your XMG address replying on Bitcoingarden or PM me here or on Bitcointalk.

What information should I include? Write your participating wallet XMG address in a reply here: http://bitcoingarden.tk/forum/index.php?topic=10308.0
Only one address allowed to join. Reminder: No exchange wallet-address!!!

The team will check the address initial balance, and that balance will start participating in the Proof of Interest campaign.
(With the use of the Block explorers)

When will I receive my interest? Interest will be paid after 15-jan-2017 (Interest period will be 3 months)

What happens if I have more XMG in my wallet on 15-jan-2017? 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 15-jan-2017?
You will not receive any interest from campaign, if your initial balance has decreased more than 15% at the campaigns end! (Drawback participant)

What happens if I have used XMG 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! (With the use of the Block explorers)

Who will pay the interest for this Proof of Interest campaign? I received donations!
(Love this guy) 25.000 XMG
On his request, the donor will remain anonymous! Payouts will be done by me.

Interest will be paid to the designated wallet-address.
Changes of participating address during the Proof of Interest is possible only once per user in the 3 months period (changing is not advisable, though).
Exchanges or wallet-address on an exchange are excluded from participation.

Your XMG balance for joining the Proof of Interest has to be min. 1000 XMG at the end of the period.
Example: register with 500 XMG is possible but to receive interest the balance needs to be min. 1000 XMG at the end of the campaign period.
To make it more fair for all people the max amount of XMG you can use to join the Proof of Interest campaign will be 25.000 XMG
Example: Dave joins the Proof of Interest campaign with his wallet-address. The balance of his wallet is from the start of the campaing 44.000 XMG
The Proof of Interest campaign will give him interest over the first 25.000 XMG.
This will be more fair and stimulates the idea of decentralized currencies. Otherwise only the richer get richer right!



NOTE: The team reserves it's right to send a warning to a drawback member, that his balance is decrease more than 15% on their regular random balance checks.
There will be a limit set for the amount of people who can join the Proof of Interest. Will Follow!!
Remember the more coins you have in your wallet the higher the amount of coins you will receive by interest!



Magi likes to launch a fair & awesome new Proof of Interest campaign for the great community!
Magi team reserves the right to supplement the above rules if it is clear that important issues are not in the rules relating to the fairness of the campaign.

Register for the unique Proof of Interest campaign IV  will  be closed at 15 - 10 - 2016 ! Don't hesitate and join!

[Yefet]

Updates (06/22/2016):

New wallet 1.3.0rc1 available:

Download link: http://coinmagi.org/bin/m-wallet-1.3.0rc1/
(I'll fulfill OSX compiling, TBD)

Source: https://github.com/magi-project/magi/tree/1.3.0rc

Will the new (final release) wallet be available by the 15th of October  , or it is safe to use the 1.3.0rc?

[111magic]

Updates (06/22/2016):

New wallet 1.3.0rc1 available:

Download link: http://coinmagi.org/bin/m-wallet-1.3.0rc1/
(I'll fulfill OSX compiling, TBD)

Source: https://github.com/magi-project/magi/tree/1.3.0rc

Will the new (final release) wallet be available by the 15th of October  , or it is safe to use the 1.3.0rc?

You can use the 1.3.0 version.

[Golftech]

Hi all

Below the RULES from the awesome Magi (XMG) Proof of Interest campaign IV
The Magi Proof of Interest campaigns has been very successful. The past campaign gave interest between 6% & 7% during the campaign period. No banks will give you that.
In the past 2 years Magi has become a stable and fair currency.
This is due to the genius developer and the enormous willingness of the community to work together on this beautiful coin.
Magi has also started without a fund and without IPO.
Many things were achieved from voluntary and without private profit.
It is unique that the Magi continues to grow in this way and that makes the currency more attractive to the bigger players in the digital  currency world.

The Proof of Interest campaign is a token of appreciation from the Magi team to the beautiful and growing Magi community.
Magi will continue to ask the community to help further growth.
New articles, services, exchanges, faucets etc are things Magi is looking for.
Together we can achieve a lot!

Enjoy the Proof of Interest campaign and remember to read the rules!

Magi (XMG) The unique currency of the future!

-----------------------------------------------------------------------------------------------------------------------------------------------

Banks do give interest but not very 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 the Magi Proof of Interest 4 2016!

The base is very simple.
Time period: The Proof of Interest will last 3 months.

When can I register to participate? Registration will be open: 15-sept-2016  (Magi's birthday) & will be closed at 15-oct-2016.

How do I sign up? Tell me that you want to join the PoI here: http://bitcoingarden.tk/forum/index.php?topic=10308.0
Registration is done by posting your XMG address replying on Bitcoingarden or PM me here or on Bitcointalk.

What information should I include? Write your participating wallet XMG address in a reply here: http://bitcoingarden.tk/forum/index.php?topic=10308.0
Only one address allowed to join. Reminder: No exchange wallet-address!!!

The team will check the address initial balance, and that balance will start participating in the Proof of Interest campaign.
(With the use of the Block explorers)

When will I receive my interest? Interest will be paid after 15-jan-2017 (Interest period will be 3 months)

What happens if I have more XMG in my wallet on 15-jan-2017? 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 15-jan-2017?
You will not receive any interest from campaign, if your initial balance has decreased more than 15% at the campaigns end! (Drawback participant)

What happens if I have used XMG 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! (With the use of the Block explorers)

Who will pay the interest for this Proof of Interest campaign? I received donations!
(Love this guy) 25.000 XMG
On his request, the donor will remain anonymous! Payouts will be done by me.

Interest will be paid to the designated wallet-address.
Changes of participating address during the Proof of Interest is possible only once per user in the 3 months period (changing is not advisable, though).
Exchanges or wallet-address on an exchange are excluded from participation.

Your XMG balance for joining the Proof of Interest has to be min. 1000 XMG at the end of the period.
Example: register with 500 XMG is possible but to receive interest the balance needs to be min. 1000 XMG at the end of the campaign period.
To make it more fair for all people the max amount of XMG you can use to join the Proof of Interest campaign will be 25.000 XMG
Example: Dave joins the Proof of Interest campaign with his wallet-address. The balance of his wallet is from the start of the campaing 44.000 XMG
The Proof of Interest campaign will give him interest over the first 25.000 XMG.
This will be more fair and stimulates the idea of decentralized currencies. Otherwise only the richer get richer right!



NOTE: The team reserves it's right to send a warning to a drawback member, that his balance is decrease more than 15% on their regular random balance checks.
There will be a limit set for the amount of people who can join the Proof of Interest. Will Follow!!
Remember the more coins you have in your wallet the higher the amount of coins you will receive by interest!



Magi likes to launch a fair & awesome new Proof of Interest campaign for the great community!
Magi team reserves the right to supplement the above rules if it is clear that important issues are not in the rules relating to the fairness of the campaign.

Register for the unique Proof of Interest campaign IV  will  be closed at 15 - 10 - 2016 ! Don't hesitate and join!

just went to bitcoingarden and seen many members already joining this i will save some btc to buy my share and download a wallet.
good luck belated happy birthday xmg. thanks for this good opportunity.

[111magic]

You are welcome. Notice more ppl register by pm than on the forum!

[skyline_king]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

Sorry for the late respons. It was a really good question.
Its possible to join the campaign with less than 1000 XMG. But to receive interest the wallet balance needs to be min 1000 XMG at the end of the campaign for receiving interest. I added it in the rules.
Thanks for the good question.

Alright thanks glad that I got a bit to finish working my way over 1000...

Can I pm you in a bit and maybe get some help setting up cpu mining?

Amigo you can better post your mining question here.
In our awesome Magi community are a lot of great miners who can help you.

Well let's see where do I start....

One I've only ever used minergate to.mine and I am looking to set up a cpu miner and start to mine some xmg.

I tried before to set up a miner software and I couldn't get it

[starmman]

Thanks Starmman. Notice a lot of pm's from the Proof of Interest campaign. Thats cool. People who did not register yet don't hesitate!!

I want to join just wondering is it 1000 coins by registering or by the end the campaign

Good question. I will look into this.

Hey 11magic was just wondering if you might have looked in to this.. if I don't hear back I'll send a message on btcgarden and see what they have to say...

Thanks for the help loving the fact I got I'm to this coin..


Also is there anyone that can pm me so I can get some help setting up cpu mining for this coin...

Sorry for the late respons. It was a really good question.
Its possible to join the campaign with less than 1000 XMG. But to receive interest the wallet balance needs to be min 1000 XMG at the end of the campaign for receiving interest. I added it in the rules.
Thanks for the good question.

Alright thanks glad that I got a bit to finish working my way over 1000...

Can I pm you in a bit and maybe get some help setting up cpu mining?

Amigo you can better post your mining question here.
In our awesome Magi community are a lot of great miners who can help you.

Well let's see where do I start....

One I've only ever used minergate to.mine and I am looking to set up a cpu miner and start to mine some xmg.

I tried before to set up a miner software and I couldn't get it

Hi Skyline_king,

You'll need an address, a miner and an account on a pool, the address can be created by downloading the wallet, the miner can be downloaded from any of the links https://asktom.cf/index.php?topic=735170.0#post_cpuminer and a list of pools are below it (create an account - add your wallet address in there), the GUI Miner is the easiest to setup. Run the miner and enter your pool URL, username and password - and then click start mining.

If you need any more detail let me know.

[The Frisian]

Question : Staking, splitting/combining

# Transaction under stake with a value greater than the threshold is being splitted
stakesplitthreshold=500

# Transactions with values less than the threshold will combine into one
stakecombinethreshold=250

When all the blocks are under 500 but over 250 no combining/splitting is happening anymore.
Is this a problem for the staking process?
What's happening then with the weight and the block rewards?
Is it better to keep splitting/combining or doesn't this matter for the staking results?

[starmman]

Question : Staking, splitting/combining

# Transaction under stake with a value greater than the threshold is being splitted
stakesplitthreshold=500

# Transactions with values less than the threshold will combine into one
stakecombinethreshold=250

When all the blocks are under 500 but over 250 no combining/splitting is happening anymore.
Is this a problem for the staking process?
What's happening then with the weight and the block rewards?
Is it better to keep splitting/combining or doesn't this matter for the staking results?

I can't answer the technicalities behind your questions, but I can share my observations. I have the below settings and for the last couple of weeks I didn't need to do any coin control, the largest # of confirmations on a block is currently 10k, I'm watching it like a hawk though. I was doing some coin control before then with the same settings and the number of confirmations were increasing - but I'm now down to hundreds of blocks rather than thousands of blocks in my wallet - which could be the reason why. My weight is pretty high and doesn't seem to be dropping. But if I see that the number of confirmations on blocks starts to increase I'll use coin control again.

Code:

# posii=0 to disable PoS staking; default = 1
posii=1
# Transaction under stake with a value greater than the threshold is being splitted
stakesplitthreshold=150
# Transactions with values less than the threshold will combine into one
stakecombinethreshold=74

[Coins-R-Us]

The default split/combine settings that come with the wallet
are working fine for me (I think they are 500/250).  I can
manually combine my mining earnings, no problem.  Maybe
Joe picked these numbers for a reason, i wonder.

Seems i'm not the only one having trouble figuring out the
logic or mechanics of how this works.  It looks like:  when one
of my staking "blocks" reaches about 500 coins, when it stakes
it will not combine but start blocks of about 250 coins staking.
This cycle will slowly repeat then.  So any coins under 250
will not stake nor split nor combine, i'm guessing (?).