I've noticed there aren't (with the exception of http://magi.steep.rocks/) any XMG faucets.. how come?

How much work would it be to set up my own faucet? Are there any off-the-shelf solutions like those that exist for bitcoin and other cryptocoins?

Wow serious, i hope its not your own

Check this tweet  more faucets!


https://twitter.com/103tango/status/608697348491984896

There is another one. Post this one later!

Awesome!
Thank you for the thread magic111

tanx magic111  very good info, there were very usefull



and thank you Spexx, i have also redirected my little hash rate to your mentioned pool.

The Chinese exchange OKCoin has been down a long time now due to "technical issues".

Not good

http://www.reddit.com/r/Bitcoin/comments/3alip0/okcoincom_down_for_12_hours_no_updates/

Yes and hurrah for that! So much negative publicity about this exchange recently and a string of outages too. One has to wonder about their ability to survive.

Not bad. You should get around 0.25 XMG per day when staked correctly

That is certainly an indicator, but to stake efficiently you need to send all your coins to yourself roughly every month, otherwise they become "stale" and will carry very little weight.

After you have sent all your coins to yourself, over the next two weeks you will observe the stake weight rising to a maximum which is around twice the number of coins in the wallet, then it will decline again over the following two weeks. The frequency with which POS rewards are received increases over the initial two weeks, then declines over the following two weeks.

If the wallet contains a lot of coins, it may not be possible to send all the coins to itself in one transaction. This simply means that the coins have to be split into multiple transactions. Allow a time delay of several minutes between multiple transactions to avoid a build-up in transaction fees.

I found in practice that it can be more convenient to run two (or more) wallets and send coins from one to the other, rather than sending coins to itself which might involve using the advanced coin control features provided in the wallet. Keeping it simple avoids confusion.