How to mine Sumokoin [Sumo] Updated for CN Heavy by guidedcrypto

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· @guidedcrypto · (edited)
How to mine Sumokoin [Sumo] Updated for CN Heavy
![Sumokoin-Roadmap2-696x348.png](https://steemitimages.com/DQmSmQ2aiKe1CqyMzd4bU2J29mhvFeBeLrGQ6k5XdG8QuAK/Sumokoin-Roadmap2-696x348.png)

___________________________________________
_Updated Guide for CN-Heavy Mining Algo_

#### Sumokoin Info

Sumokoin Website: https://www.sumokoin.org/
Coinmarketcap: https://coinmarketcap.com/currencies/sumokoin/
Announcement: https://bitcointalk.org/index.php?topic=1905086.0
Block Explorer: https://explorer.sumokoin.com//
Twitter: https://twitter.com/sumokoin
Telegram: https://t.me/joinchat/F8RH2kPmFCnA-igHBKSCAA

#### Sumokoin Mining Pools

pool.sumokoin.com (official pool - Canada)
sumo.sumominer.com (France)
sumo.ms-pool.net.ua (Ukraine)
sumo.chipscart.com (UK)
kondapool.com (Milano, Italy)
sumomining.pro (Frankfurt, Germany)
sumo.fairpool.xyz (CA, US)
sumo.icemining.io (Iceland)
sumo.soyminero.es (Spanish UI, France)
sumo.cybermonnaie.io (France)
Easyhash.io (Central EU)
sumopool.sonofatech.com (US)
pool.sumokoin.net (Singapore)
sumo.bohemianpool.com (Czech)

#### Sumokoin Markets
[https://www.cryptopia.co.nz/](https://www.cryptopia.co.nz/Register?referrer=silentjz)
[https://www.livecoin.net/](https://livecoin.net/?from=Livecoin-mzNJkk5w)

##### Supply & Emission
Total supply: 88,888,888 coins in 20 years, then 263,000 coins each year for inflation. About 10% (~8.8 million, 98% locked in escrowed wallets) was premined to reserve for future development, i.e. 80 million coins available for community mining in first 20 years.

Coin symbol: SUMO

Coin units:
  
1 Sumoshi  = 0.000000001 SUMO (10-9 - the smallest coin unit)
1 Sumokun = 0.000001 SUMO (10-6)
1 Sumosan = 0.001 SUMO (10-3)

Hash algorithm: CryptoNight-Heavy (since block height# 116520)

Block time: 240 seconds

Emission scheme: Sumokoin's block reward changes every 6-months as the following "Camel" distribution* (inspired by real-world mining production like of crude oil, coal etc. that is often slow at first, accelerated in the next few years before declined and depleted). However, the emission path of Sumokoin is generally not far apart from what of Bitcoin

________________________________________

##### What is 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 truly fungible cryptocurrency among just a few ones in the market.

###### 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.
____________________________________________

##### How to Mine Sumokoin

#### Step 1
Download the Sumokoin Windows Miner We'll use XMR-STAK for both easy CPU and GPU mining.
 https://github.com/fireice-uk/xmr-stak/releases

#### Step 2
Download your wallet
https://www.sumokoin.org/

#### Step 3
Run Wallet & Write down your mnemonic seed and take note of your wallets address you'll need it later.
![ip.bitcointalk.png](https://steemitimages.com/DQmTnV4ZJEHatUE5dcxh5hAnkQXDUTyx2v9Wsa345ZMW9tm/ip.bitcointalk.png)

#### Step 4
Pick your mining pool.
we'll use: https://sumokoin.hashvault.pro/en/#!/ currently has about 30% of network's hashrate. You can pick a pool with a higher or lower hashrate if you like.

_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.

Press the number 0 and hit enter

XMR-STAK will tell you to _Please enter the currency that you want to mine_
Type sumokoin and hit enter

Next it will ask you for your Pool URL input:
pool.sumokoin.hashvault.pro:443 (or whatever port for your hardware) and hit enter

Next it will ask you for _Your_  Wallet address:
SumipDETyjLYi8rqkmyE9c4SftzYzWPCGA3XvcXbGuBYcqDQJWe8wp8NEwNicFyzZgKTSjCjnpuXTitwn6VdBcFZEFXLcU1JEK48nJgd3ud8pt

###### Example Wallet above Input  _Your_  wallet address and hit enter double check it!! (don't not mine to this wallet you will not be paid) Input  _Your_  wallet address.

___________

It will ask you for a password some pools allow worker ID's you can put one here:
example: MYRIG and hit enter

Rig identifier 
Leave empty 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 hashrate.


_____________________________________

##### Our donation addresses thank you for your donations! 
Sumo
SumipDETyjLYi8rqkmyE9c4SftzYzWPCGA3XvcXbGuBYcqDQJWe8wp8NEwNicFyzZgKTSjCjnpuXTitwn6VdBcFZEFXLcU1JEK48nJgd3ud8pt

BTC Address
3LYfwz8TVfsSSH4CwrxryfzqEdnh2W4Hw4

LTC Address
LQ8uXEeRR38T2YTFgNrcqB8SxdB8a5y1iQ

_________________________________________________________________________________

![o7cn474dngisgx2qq3fe.gif](https://steemitimages.com/DQmQJH5xFS1p85dP7G3H8JwGn6fG2vp24D5DG7Eiq77iqHo/o7cn474dngisgx2qq3fe.gif)
_________________________________________________________________________________
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______________________________________________________________________________________
👍  , , , , , , ,
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vote details (8)
@grammarnazi ·
Minor Correction
You have a minor misspelling in the following sentence: <blockquote>Sumokoin, therefore, is a new Monero without its legacy, a truely fungible cryptocurrency among just a few ones in the market.</blockquote> It should be <i>truly</i> instead of <i>truely</i>.
👍  ,
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vote details (2)
@cheetah ·
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://steemit.com/steemit/@notoriousgag/new-promising-monero-fork-altcoin-sumokoin
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