About Magicoin

Magicoin (XMG) was created in 2014 by Joe Lao. Magicoin aims to be fairer for everyone, thanks to the m7m-algorithm only CPUs can mine, and further pushing this concept by an staking system. Thus, magi is both PoW and PoS.
The Magicoin codebase is based off of Peercoin and multiple other, smaller, experimental coins.

There can be 25,000,000 Magicoin. An block is generated every 3 minutes. To learn more, check out the Github.

If you want to help the Magicoin project, you can:

• Start mining! Almost any PC should do the trick, as Magi is CPU-only, and after some time you can get paid without even mining, by staking!
• Host a node! Start the magid-client on your computer or server, and open port 8233 on your router/firewall.
• Donate some crypto to the team! Find addresses on the donation page.