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

[mintminty59]

Yeah it seems to be heading that way, I was going to invest in a good rig and build it myself, but its perhaps a little to late in the game now

[starmman]

Yeah it seems to be heading that way, I was going to invest in a good rig and build it myself, but its perhaps a little to late in the game now

You are still not too late - however I think in Magi slow, patient and steady does well - personally I wouldn't buy specialist hardware for Magi mining, IMO you'd be better off buying magi when it his a lower price and trading it.

[The Frisian]

Yeah it seems to be heading that way, I was going to invest in a good rig and build it myself, but its perhaps a little to late in the game now

You are still not too late - however I think in Magi slow, patient and steady does well - personally I wouldn't buy specialist hardware for Magi mining, IMO you'd be better off buying magi when it his a lower price and trading it.

That's right, and then start staking!

[starmman]

Yeah it seems to be heading that way, I was going to invest in a good rig and build it myself, but its perhaps a little to late in the game now

My opinion is that magi is still only just getting started, its a slow burner since shillers can't easily mine a load, and hype the coin - Most people posting on here are not massive holders by the way - A lot of the magi I mined earlier I reluctantly ended up offering up as liquidity during periods when there weren't so many people trading at the time.

[111magic]

http://btc.do/#/

Nice to see more articles coming for Magi

[starmman]

http://btc.do/#/

Nice to see more articles coming for Magi

Awesome - that'll probably push the price up a little - although I was hoping for the price to get down back to around 3500 again to pick a few more up - LOL

[joelao95]

I don't want to be conclusive but one may notice mining with 100kH/s will be a real drop in the ocean ultimately in the general case. For MAGI is like 100kh/s versus 30 ~ 90 Mh/s total network as I observed today. The number would be varying and would be different in another day. But the overall hashrate is definitely under a certain control. I'm not talking every moment but by average. It is nearly impossible that a super rig comes super rewards. Well it's possible when one mines ahead of the rest who are with low hashrate. That's why Knc miner gets into the space, and its story is known to public. Actually I am glad no one want to special hardwares for mining, so Knc miner the like won't be case. But I do encourage increasing hashrate up to some point, and one can use the miner with automatically adjusted hashrate.

We do understand the big hash causes the reduction in the rewards which has been one of the issues causing overall drop of individual rewards, and this is where we try to improve as scheduled on the roadmap. We'll reveal more facts by the time when it's necessary and we can say so. Bear with us.

[starmman]

I don't want to be conclusive but one may notice mining with 100kH/s will be a real drop in the ocean ultimately in the general case. For MAGI is like 100kh/s versus 30 ~ 90 Mh/s total network as I observed today. The number would be varying and would be different in another day. But the overall hashrate is definitely under a certain control. I'm not talking every moment but by average. It is nearly impossible that a super rig comes super rewards. Well it's possible when one mines ahead of the rest who are with low hashrate. That's why Knc miner gets into the space, and its story is known to public. Actually I am glad no one want to special hardwares for mining, so Knc miner the like won't be case. But I do encourage increasing hashrate up to some point, and one can use the miner with automatically adjusted hashrate.

We do understand the big hash causes the reduction in the rewards which has been one of the issues causing overall drop of individual rewards, and this is where we try to improve as scheduled on the roadmap. We'll reveal more facts by the time when it's necessary and we can say so. Bear with us.

Thanks for the information Joe, will be interesting to hear the facts nearer the time =)

[Abiky]

Was nice to pick up a few extra cheap Magi - I had to take a few out of my wallet to offer up on exchanges after the last rise - so hopefully, I'll get my wallet filled again

Yeah. With the massive declines in value that the whole cryptocurrency markets have experienced lately, it makes it the perfect time to buy the dips and get some cheap Magi.

I have the feeling that prices will recover soon, after August 1st, making it a profitable journey for those who have invested earlier into Coin Magi. Given the active development, and community support it has, Magi will be worth much more than what it is right now.

I'm keeping my fingers crossed, expecting to see Magi's price reach $1 and beyond by the end of the year. But while there is the opportunity to buy cheap Magi coins, you should take advantage of it and stake them on your wallet for the long term for even bigger rewards.

By the way, I wanted to showcase my newly designed Magi poker chip. It is made of ceramic, with a size of 39mm, along with some text written on the sides. I'm planning to sell some Magi chips sometime in the future, if there is enough demand for it to help spread awareness and popularity of Coin Magi.

Below, are the pictures of it:










Let me know your thoughts about it!

[Dr.Ragh]

where does https://xmg.maxminers.net/ went?

[111magic]

where does https://xmg.maxminers.net/ went?

Hmm no connection??
Don't know what happend!

[111magic]

Was nice to pick up a few extra cheap Magi - I had to take a few out of my wallet to offer up on exchanges after the last rise - so hopefully, I'll get my wallet filled again

Yeah. With the massive declines in value that the whole cryptocurrency markets have experienced lately, it makes it the perfect time to buy the dips and get some cheap Magi.

I have the feeling that prices will recover soon, after August 1st, making it a profitable journey for those who have invested earlier into Coin Magi. Given the active development, and community support it has, Magi will be worth much more than what it is right now.

I'm keeping my fingers crossed, expecting to see Magi's price reach $1 and beyond by the end of the year. But while there is the opportunity to buy cheap Magi coins, you should take advantage of it and stake them on your wallet for the long term for even bigger rewards.

By the way, I wanted to showcase my newly designed Magi poker chip. It is made of ceramic, with a size of 39mm, along with some text written on the sides. I'm planning to sell some Magi chips sometime in the future, if there is enough demand for it to help spread awareness and popularity of Coin Magi.

Below, are the pictures of it:










Let me know your thoughts about it!

Awesome. I like your post and development.
Wish i had those skills!
Oeps only the last picture has a little issue.
Website is www.m-core.org
 
Its ok it will redirect to from coinmagi to m-core so no worries. Looks great!

[starmman]

Interesting market dynamics today - the market can't decide if Magi should be 4000 or 6000 satoshis - think there is a lot of volatility due to the bitcoin price

[The Frisian]

Interesting market dynamics today - the market can't decide if Magi should be 4000 or 6000 satoshis - think there is a lot of volatility due to the bitcoin price

I love those days!

[111magic]

Interesting market dynamics today - the market can't decide if Magi should be 4000 or 6000 satoshis - think there is a lot of volatility due to the bitcoin price

I love those days!

These are strangs days in Cryptoworld.
After 01 august btc will go higher and if Magi continues with new developments and improvements it will join btc.

[mozsi]

Interesting market dynamics today - the market can't decide if Magi should be 4000 or 6000 satoshis - think there is a lot of volatility due to the bitcoin price

Very interesting price movement indeed.
How I see it is the following:

You have 100 btc to buy magi. We know it cannot be done by simply market buying without pushing up prices hard, so you need to slowly buy up a little and let sellers dump on your bids. Repeat. ∑

[111magic]

Interesting market dynamics today - the market can't decide if Magi should be 4000 or 6000 satoshis - think there is a lot of volatility due to the bitcoin price

Very interesting price movement indeed.
How I see it is the following:

You have 100 btc to buy magi. We know it cannot be done by simply market buying without pushing up prices hard, so you need to slowly buy up a little and let sellers dump on your bids. Repeat. ∑

He mozsi you have the XMG sign here:  ∑
How do you get that one?

[mozsi]

He mozsi you have the XMG sign here:  ∑
How do you get that one?

unicode 2211 http://www.fileformat.info/info/unicode/char/2211/index.htm
i think on windows u press alt and while holding type 2211 on num pad
on mac you bring up emoji and symbols viewer and look for mathematics symbols and there is ∑

[starmman]

Interesting market dynamics today - the market can't decide if Magi should be 4000 or 6000 satoshis - think there is a lot of volatility due to the bitcoin price

Very interesting price movement indeed.
How I see it is the following:

You have 100 btc to buy magi. We know it cannot be done by simply market buying without pushing up prices hard, so you need to slowly buy up a little and let sellers dump on your bids. Repeat. ∑

Makes sense - it would be great if we have somebody with such a huge appetite for Magi =)

[111magic]

He mozsi you have the XMG sign here:  ∑
How do you get that one?

unicode 2211 http://www.fileformat.info/info/unicode/char/2211/index.htm
i think on windows u press alt and while holding type 2211 on num pad
on mac you bring up emoji and symbols viewer and look for mathematics symbols and there is ∑

Awesome thanks Mozsi

I like it:  ∑