Magma is valuable but dangerous stuff in Dwarf Fortress, and this video will teach you still more about how to handle it. It also covers how to build bridges, floodgates, and levers that will link up and create effective dwarven infrastructure.
Slaves of Arnok II: Dwarf Fortress, or Dwarf Fortress as it is more commonly known, is one of the most intimidating, challenging, and rewarding PC games in the world. It is totally free to download, available for Windows, Mac, or Linux, and would probably run on a 386. It's a text-based strategy RPG on an epic scale, where you create an empire starting with only seven dwarves and some paltry supplies.
If you're having trouble with it, you're not alone. It's really hard. Click here to watch other how-to videos covering many aspects of the game.