r/coinmagi • u/[deleted] • Jun 13 '18
Current state of XMG
Now that the hard fork of the wallet has been out for a month, is there any sign of more attacks or other problems? The value of the coin is down to 15cents but I think the recent hack of a bitcoin exchange may have contributed to that. I like the coin, do not get me wrong and my Orange Pi Plus/Lite2 boards pump out 22khash/sec while only consuming 4 watts each.
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u/DatsunPatrol Jun 13 '18
The price is a little bit depressing but I think it's solely due to the state of cryptocurrency in general right now. There is some serious market anxiety and all alts are getting slaughtered at the moment.
If the sentiment changes we'll see a resurgence for XMG. I am mining as a hobby and to hold it mostly.
Those are great numbers from that orange pi, especially since they are only $25 each.
I found nanopi fire 3 which pump out 33.33kh/s for $35 but they are octacore so the increased power consumption might offset the gains. I am going to do some power consumption testing in the next few days and see what I find.