MAG is new coin with masternode, This coin will have a high selling value because it has a 50% masternonde reward from mining
Overview
Our network is designed so anyone can benefit from holding and supporting the coin.
Magnet will be mining oriented. We strongly believe mining plays crucial role in cryptocurrencies and in their security.
We will find a way to run our own miners on solar power efficiently and direct our resources at researching the solar-mining tech.
Specifications
Name: MAGNET
Ticker: MAG
Algoritm: x11
Type: Hybrid POS/POW
Both running forever after coin has matured
Blocktime: 90 sec per block
Masternodes
Requirement: 10 000
Masternode Rewards: 50% of the mining rewards
POS
Yearly interest: 7%
Min. Staking Age: 24 hours / 960 confirms
Max. Staking Age: 48 days
POW
Blockreward: 200
Blockreward Halving: every 360 000 blocks
Total coins created when matured: estimate 144 000 000 coins
250 000 MAGs was extracted in first block for setting up healthy amount (25) of Masternodes before going public.
This is needed for network safety and all future rewards are used to sustain the network.
Mainnet was run 9 days before the official [ANN] to test out masternode behaviour and network strength.
Wallet download
windows
http://magnetwork.io/Wallets/magnet-qt-WIN.rar
Mac
http://magnetwork.io/Wallets/Magnet-Qt.pkg
Linux
http://magnetwork.io/Wallets/magnet-qt-LINUX.rar
Source Code
GitHub
Slack
https://magnetworks.slack.com/
Slack Invite
For technical attention and problem solving join slack and find a way to #techsupport channel
Twitter
https://twitter.com/magnetwork_io
Discord
https://discord.gg/EtEGyEn
Explorer
http://explorer.magnetwork.io/
Magnet Mining Pools
OFFICIAL
http://magnetpool.io:8080/
stratum+tcp://magnetpool.io:3000
OTHERS
http://miningpool.shop
Masternode Setup Guide
DOWNLOAD
Tool for checking on Your masternode
http://magnetwork.io/checkmn/
MAGNET is now available on www.coinexchange.io
CoinMarketCap
https://coinmarketcap.com/currencies/magnet/
www.magnetwork.io
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Welcome, pool of MAGNET COIN (MAG) http://mpool.su
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