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

[111magic]

I have a few spare machines I setup to mine Magi when the difficulty is favorable

I currently have two machines that kick in anytime diff is under 2.8

Do any other miners have a better recommendation as far as the best difficulty to start mining at

Glad to see the Magi community is still strong and active

Thanks in advance for any advice

Welcome Thefix. Think the miners will respond soon.
They are always very nice and helping other miners!

[111magic]

I have a problem with the wallet:

..

After a while the connections go back from 4 until 0 and the program says wallet offline.

What can be the problem?

So much staking and so a low reward is also not right....

Any ideas?

I believe magi's PoS seems working well, cause it makes one having such a huge amount of coins being too much concerned about the rewards. No offense. It's kinda coming down to how so-called PoS-II works; be sure to check if what you PoSed matches with APR; if not, then could be strategy of putting how much coins in stake..

As to the network height, it's supposed to be fluctuating.. However, I'll get it into be on the to-do-list of the mPoS things that's part of the works after this release.  

Thanks Joe. Very nice.

Stacey2911 i will check it. I'am only human and could make a mistake. I will send you a message after the check.

No worries mate, completely understandable, these things happen

Hmm i don't understand what happend.
I did sent your interest-shares to the wallet-address i received from you.
Could you pls check again?

[My9bot]

I have a few spare machines I setup to mine Magi when the difficulty is favorable

I currently have two machines that kick in anytime diff is under 2.8

Do any other miners have a better recommendation as far as the best difficulty to start mining at

Glad to see the Magi community is still strong and active

Thanks in advance for any advice

im using something like this

Code:

coins/day = ($hps*$blockReward*86400)/($diff*pow(2,32))

7.1597550907907=(23000 * 21.11959989 * 86400)/(1.3648007*pow(2,32))

blockReward : 21.11959989
diff : 1.3648007
coins/day : 7.1597550907907 xmg
price : 0.00001999 btc
0.00014312 Btc/23kh/day

[thefix]

I have a few spare machines I setup to mine Magi when the difficulty is favorable

I currently have two machines that kick in anytime diff is under 2.8

Do any other miners have a better recommendation as far as the best difficulty to start mining at

Glad to see the Magi community is still strong and active

Thanks in advance for any advice

im using something like this

Code:

coins/day = ($hps*$blockReward*86400)/($diff*pow(2,32))

7.1597550907907=(23000 * 21.11959989 * 86400)/(1.3648007*pow(2,32))

blockReward : 21.11959989
diff : 1.3648007
coins/day : 7.1597550907907 xmg
price : 0.00001999 btc
0.00014312 Btc/23kh/day

Thank you, that looks much better than what I was doing

With this I can mine something else until the diff gets low enough to make it energy efficient

I never understood why people throw so much hash power at this constantly when it would benefit everyone more not to.

Thanks again!

[stacey2911]

I have a problem with the wallet:

..

After a while the connections go back from 4 until 0 and the program says wallet offline.

What can be the problem?

So much staking and so a low reward is also not right....

Any ideas?

I believe magi's PoS seems working well, cause it makes one having such a huge amount of coins being too much concerned about the rewards. No offense. It's kinda coming down to how so-called PoS-II works; be sure to check if what you PoSed matches with APR; if not, then could be strategy of putting how much coins in stake..

As to the network height, it's supposed to be fluctuating.. However, I'll get it into be on the to-do-list of the mPoS things that's part of the works after this release.  

Thanks Joe. Very nice.

Stacey2911 i will check it. I'am only human and could make a mistake. I will send you a message after the check.

No worries mate, completely understandable, these things happen

Hmm i don't understand what happend.
I did sent your interest-shares to the wallet-address i received from you.
Could you pls check again?

My wallet has frozen and is re-syncing, but I'm now thinking the issue is on my end, haha. I'll post back one the wallet has re-synced

[Franky2010]

Old good coin, same as BLK, VTC. Todays trends are Platforms, but just few can survive.

[jpx3m]

hello... after a long time (long time indeed the last transaction of my wallet was april last year due to broken pc) i got to turn on my wallet again.. updated to the pre release test build...

[xms]

hello... after a long time (long time indeed the last transaction of my wallet was april last year due to broken pc) i got to turn on my wallet again.. updated to the pre release test build...

welcome back

[My9bot]

Build your MagiCoin XMG Wallet
...
sudo apt-get install -y libdb5.3-dev libdb5.3++-dev
...

I appreciated your efforts, and the guide is very helpful; probably I'd mention that installing db4.8 instead of the new version is strongly recommended. Unfortunately, that might need compiling from source code; the corresponding binary package is likely unavailable.  

hmm..
if i build with Berkeley DB 4.8
(

Code:

make -f makefile.unix xCPUARCH=armv7l CPPFLAGS="-I/opt/local/db-4.8.30.NC/include -O2" LDFLAGS="-L/opt/local/db-4.8.30.NC/lib"

)
 and use your blockchain file (http://coinmagi.org/bin/block-chain)
i getting this

Code:

Magi: Error initializing database environment /home/pi/magiNode! To recover, BACKUP THAT DIRECTORY, then remove everything from it except for wallet.dat.

[starmman]

Do you guys think we should do something to save Magi on Trex again - or just see what happens? I think until we get more people interested in the coin we'll be struggling to keep the volume up on a regular basis.

[Jookly]

when you are on poloniex and so many other exchanges what is the point of worrying about bittrex?  if they dont see the value in having magi listed there or need to have .5 BTC trading a day happening then that is honestly not the XMG communities problem.  Anyway, it would be great to still be listed on as many exchanges as possible, but my point is that bittrex does not make or break the project so it's difficult for me to really care enough to do anything.

[jpx3m]

hello... after a long time (long time indeed the last transaction of my wallet was april last year due to broken pc) i got to turn on my wallet again.. updated to the pre release test build...

welcome back

thanks. have a lot of catching up to do though... my pc hardware haven't changed (only the os) but the hashrate dropped... i think i forgot how to mine. lol.... thanks again.

[joelao95]

hmm..
if i build with Berkeley DB 4.8
(

Code:

make -f makefile.unix xCPUARCH=armv7l CPPFLAGS="-I/opt/local/db-4.8.30.NC/include -O2" LDFLAGS="-L/opt/local/db-4.8.30.NC/lib"

)
 and use your blockchain file (http://coinmagi.org/bin/block-chain)
i getting this

Code:

Magi: Error initializing database environment /home/pi/magiNode! To recover, BACKUP THAT DIRECTORY, then remove everything from it except for wallet.dat.

I guess it's because the prior wallet was with db5; you might search for db5 conversion to db4.8, or just start up a new wallet and then move funds in.

[joelao95]

For all having connections issue (might not be an issue anymore), this is a node I'm running: 104.131.42.100. It was down for some time. I'll get a few others up and running.

[starmman]

when you are on poloniex and so many other exchanges what is the point of worrying about bittrex?  if they dont see the value in having magi listed there or need to have .5 BTC trading a day happening then that is honestly not the XMG communities problem.  Anyway, it would be great to still be listed on as many exchanges as possible, but my point is that bittrex does not make or break the project so it's difficult for me to really care enough to do anything.

I have a similar feeling, it feels a little greedy IMHO - I know they need to make a profit - however most other exchanges don't have such steep rules on volume and are making good profit, makes it difficult for smaller coins to exist on there - quite a lot of smaller coins are using robots on the exchange just to keep the volume up - doesn't seem honest to me. It it goes - it may be a good thing for cryptopia and nova.

[xtrembash]

gpu miner still private ?!

[Abiky]

Hi Abiky, Very nice to see you here again!
I hope to launch a new proof of interest later.
The Proof of Interest campaign is still very unique for altcoins.
And the last one gave a great interest. 6.7%
 

Yeah I kind of missed that last Proof of Interest campaign which had a pretty good interest rate. But this time, I'll be prepared for the next POI, as I have bought up more Magi to meet up with the minimum requirements of the campaign.

Nevertheless, Magi is a very unique altcoin with its own mining algorithm, as well as having a Proof of Interest campaign, along with a good community and solid development. In my eyes, Coin Magi should be worth way more than what it is right now. 

[YourMom420]

gpu miner still private ?!

hopefully it'll be public soon. I need something new to mine.

[stacey2911]

I have a problem with the wallet:

..

After a while the connections go back from 4 until 0 and the program says wallet offline.

What can be the problem?

So much staking and so a low reward is also not right....

Any ideas?

I believe magi's PoS seems working well, cause it makes one having such a huge amount of coins being too much concerned about the rewards. No offense. It's kinda coming down to how so-called PoS-II works; be sure to check if what you PoSed matches with APR; if not, then could be strategy of putting how much coins in stake..

As to the network height, it's supposed to be fluctuating.. However, I'll get it into be on the to-do-list of the mPoS things that's part of the works after this release.  

Thanks Joe. Very nice.

Stacey2911 i will check it. I'am only human and could make a mistake. I will send you a message after the check.

No worries mate, completely understandable, these things happen

Hmm i don't understand what happend.
I did sent your interest-shares to the wallet-address i received from you.
Could you pls check again?

Interest from POI IV turned up. My wallet was corrupted from the network issue, had to repair it. Thanks a bunch mate

[thephill97]

More people should mine on xpoolx.com its a great pool with a great admin. iv been mining riecoin there for some time and have nothing but good experiences.
on the off chance you do run into problems the admin is easy to get in touch with and responds within a couple hours max if not in minutes. oh and no fees so that's a plus.