How to mine SumoKoin [SUMO Coin] [ CPU and GPU mineable coin]
Sumokoin Links : https://www.sumokoin.org/
https://coinmarketcap.com/currencies/sumokoin/
https://bitcointalk.org/index.php?topic=1905086.0
Mining profitability calculator: https://www.cryptunit.com/
About Sumokoin:
Sumokoin (スモコイン in Japanese) is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by (1) moving forward right away to Ring Confidential Transactions (RingCT), (2) setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks.
Sumokoin, therefore, is a new Monero without its legacy, a truely fungible cryptocurrency among just a few ones in the market.
Features
TRUE FUNGIBILITY
Sumokoin is one of a few rare cryptocurrencies with true fungibility - the feature makes digital currency act like physical cash i.e. no other people can find where the money comes from and how many have been transferred.
GREAT PRIVACY
Sumokoin is created with high level of privacy in mind, setting Ring Confidential Transactions (RingCT) with minimum ringsize of 12(+1) to conceal sources/amounts transferred and make it high resistance to blockchain-analysis attacks
STRONG SECURITY
Sumokoin utilizes the power of a distributed peer-to-peer consensus network, every transaction is cryptographically secured. Individual accounts have a 26 word mnemonic seed displayed when created, which can be written down to back up the account and account files are encrypted with a passphrase to ensure they are worthless if stolen.
Step 1
Download the Sumokoin Windows Miner We'll use XMR-STAK for both easy CPU and GPU mining.
Windows Binaries : https://github.com/fireice-uk/xmr-stak/releases
Step 2
Download your wallet.
https://www.sumokoin.org/
or
Mobile Wallet https://play.google.com/store/apps/details?id=com.sumokoin.sumowallet
Step 3
Write down your restore seed + password and take note of your wallets address you'll need it later.
Step 4
Pick your mining pool.
we'll use: https://sumokoin.hashvault.pro/ currently has about 40% of network's hash rate. You can pick a lower hash pool to help spread the network hash around.
More info about server ports and which one you should pick can be found here:
https://sumokoin.hashvault.pro/en/#!/ports
select the port that matches your hardware.
Step 5
Now that you have your miner software , your wallets address and you have picked your mining pool & port. Lets put it all together and setup your miner.
Unzip XMR-STAK and then run as admin (right click select run as admin) xmr-stak.exe.
XMR-STAK will ask if monero or aeon
Type monero and hit enter
Next it will ask you for your Pool URL input:
pool.sumokoin.hashvault.pro:3333(or whatever port for your hardware) and hit enter
Next it will ask you for you Wallet address:
Input your wallet address and hit enter double check it!!
it will ask you for a password some pools allow worker ID's you can put one here:
example: MYRIG and hit enter
everything else it ask just type "N" for no and hit enter.
Step 6 Your miner should configure itself and start running.
You can check your mining stats by inputting your wallets address on the main page of your pool :
https://sumokoin.hashvault.pro/en/#!/dashboard
You can also estimate mining rewards based on your hash.
Pool Fee : 0.9%
Pools Minimum payout
1 SUMO
Default minimum payout (wallet)
1 SUMO
Default minimum payout (payment id)
1 SUMO
Be sure to give me a follow. I will be doing more mining guides soon thank you .
donations (Sumo) address
SuboeiWTn7U3vEwK7oFygS4XHgotxHnY7QUNmwT6iDBoWSk99pua5PJAr7qkPSuc7VdZ8nghiUwSCUM7EnvKR1kJ6yte9hQiBj
Great guide. I CPU mine Monero & Electroneum on Linux, using XMR-Stak-CPU - will have to take a closer look at Sumo. ETN & XMR difficulty and hashrate have tripled, quadrupled or more in the last month or so.
I started mining at 0.67 it has been on a nice run the dev team is great constantly hitting the roadmap goals. The block reward is great so you get a nice payout much more than monero. check it out !
Will do. I have about 1.5kH/s I can allocate to it. Any idea of estimated rewards for that hash rate?
according to https://sumokoin.hashvault.pro/en/#!/dashboard
Hourly
0.032 SUMO
Daily
0.765 SUMO
Weekly
5.358 SUMO
Monthly
22.961 SUMO
Not bad. Will get that setup tonight. Cheers!
You got upvoted from @adriatik bot! Thank you to you for using our service. We really hope this will hope to promote your quality content!
You got a 2.73% upvote from @upmewhale courtesy of @guidedcrypto!
Take a look at SuperPools.Online
http://sumo.superpools.online/
Thanks!
Monerador