Dolomitic calcium (dolomitic limestone) is 44 to 45% magnesium, so not only will you be overdosing the tank with Mg (which is a problem for bivalves, it acts as a muscle relaxant and shucking aid for clams and oysters), but you'll also be delivering that much less calcium (if the medium is 45% Mg, that means there is only 55% Ca++). PLUS YOU'LL BE WASTING A TON OF CO2 to get it to dissolve in seawater. It also changes the total pKa of the buffer package in seawater as the amount of Mg goes up, and may cause chronic issues with daily ave pH (probably why it seems to work in the treatment of tanks with Bryopsis spp.</em> blooms, but that is speculation on my part).
In addition, low Mg++ is usually a symptom of long term use of two part hermatypic additives that result in sodium and chloride accumulation in the water. There are very few organisms that actually consume Mg++ in amounts to affect water column concentration in excess of what water changes fix. There are a few spp. of Corallinaceae</em> incorporate it in their crustose deposits at the same concentration it is found in the water column, but they are rare in aquaria. If you are having problems with chronically low Mg++ and you perform regular water changes, either you supplement a lot with 2 part additives (or one of the two) or you're slowly losing water from the tank somewhere (which gradually drops salinity and your total Mg++ over time).
HTH