A CPU-friendly hybrid proof-of-work / proof-of-stake coin, launched in 2014 and still kept alive by a small but loyal community.
Just-for-fun community project
The original Magi block explorers have gone offline over the years. This explorer was set up by a long-time XMG holder as a hobby project, so that everyone who still cares about Magi – the hard core of the community – can look up blocks, transactions and addresses again, for free.
No ads, no analytics, no accounts. The data comes straight from our own Magi full node (magid v1.4.8.2).
Coin Magi (XMG) is an open-source peer-to-peer payment network launched in September 2014. It is derived from Bitcoin and PPCoin and released under the MIT license. Instead of rewarding whoever has the biggest machines, Magi was designed so that ordinary computers can take part in securing the network.
Proof-of-work uses M7M, which relies on big-number multiplication. It runs well on normal desktop CPUs and was made to keep GPUs and ASICs from dominating.
The PoW reward follows an "attraction–repulsion" model: it depends on network hashrate and difficulty, so throwing huge hashpower at the chain does not pay off. Today a PoW block pays only a tiny reward.
Most new coins come from staking. Magi's mPoS is built so that very large holdings or coins left offline for a long time do not get an outsized advantage.
No mining rewards are reserved for the team. Roughly half of all blocks are minted by staking wallets, which uses almost no energy.
Download the wallet, let it sync, and keep it online and unlocked for staking. Staking needs almost no energy, it is the most effective way to earn XMG today, and every staking wallet helps secure the network.
Magi still has proof-of-work, and anyone with a CPU can join in. Let's be honest about the numbers first:
Currently only about 0.0001 XMG. Thanks to the mPoW reward model, the reward shrinks when difficulty is low – this is not a get-rich-quick coin.
About – right now. Between two PoW blocks the chain expects two PoS blocks, so only part of all blocks can be mined.
So why mine at all? Because every miner keeps the proof-of-work side of Magi alive, makes the network more robust – and because it is fun to watch your own CPU find real blocks. And who knows what the future brings. 😉
-a m7m, builds on Linux, Windows and ARM.cpuminer -a m7m -o stratum+tcp://<pool-host>:<port> -u <your XMG address>.<worker> -p c=XMG -t <threads>
These public pools mine XMG with M7M. We checked all of them on 12 Oct 2026: each one handed out live Magi work for the current block.
| Pool | Stratum | Fee | Notes (12 Oct 2026) |
|---|---|---|---|
| Unipoolia | stratum+tcp://unipoolia.com:6033 | 0.25 % | active – ~217 workers, ~350 kH/s |
| zpool | stratum+tcp://m7m.eu.mine.zpool.ca:6033also m7m.na. / m7m.asia. – password c=XMG,mc=XMG | 1 % | active – ~30–50 workers, ~320 kH/s, min. payout 0.05 XMG |
| Lidonia | stratum+tcp://lidonia.com:8137 | 0.25 % | online, but currently no miners |
Example (Unipoolia):
cpuminer -a m7m -o stratum+tcp://unipoolia.com:6033 -u <your XMG address>.<worker> -p c=XMG -t <threads>
All credit goes to the Magi developers and contributors who built the coin and published the code for everyone. Please support them and use their official channels:
To the Magi developers for creating and open-sourcing XMG, to Team Exor for the eIquidus explorer, and to everyone in the community who keeps their wallets staking and the network running. Have fun exploring!