How to mine Sumokoin
Created as a Monero fork, Sumokoin (SUMO) is relishing its reputation of a respectable cryptocurrency. Its combined characteristics allow you to mine it with both GPUs and ASICs. Whenever there is an option to use ASIC machines, feel free to do exactly that. They will provide you with higher hashing power, which will lead to more frequent income. To learn how to mine Sumokoin profitably, you will need to cover a few bases and we’ll show you how exactly: …more
- Choosing the best hardware, compatible with the coin algorithm
- Setting up your devices and accompanying software
- Joining a mining pool and how to decide which one to choose
If the above steps seem too demanding for you to start mining Sumokoin, then cloud mining might be the perfect solution. We’ve covered that option in detail further down in our article.
Why to mine Sumokoin?
Sumokoin has untraceable transactions feature, thanks to the encrypted addresses it uses – the RingCT (Ring Confidential Transactions). The team behind the coin is setting the transactions minimum to 12 mixings. This way they make the blockchain resistant to attacks. Bear in mind, that this is not optional, it is built in. That makes the link between a transaction and your real identity impossible. SUMO follows the principles of a trustless and decentralized, secure network of people. It is backed up by the peer-to-peer consensus as well. Interesting feature worth looking at is the 26-word SEED which you should write down when you create your account. The SEED encrypts your account and the associated files with a passphrase which makes them worthless if they are stolen. SUMO is completely compatible and exchangeable. It can act as physical cash. Being blacklisted is out of the picture. This young crypto coin is definitely worth looking at.
What’s the best way to mine Sumokoin?
The CryptoNight algorithm has changed with time. Now it can be mined both with graphics cards (GPUs) and with the new generation of miners – ASIC (Application Specific Integrated Circuit). In other words, if SUMO is your coin, mine it with ASICs. These machines are much more powerful when compared to GPUs and they are created to work faster with this particular algorithm. In combination with its relatively low power consumption and high hashrate, ASIC will be the most profitable choice for you when mining Sumokoin.
One important aspect of mining is whether you’ll go for it solo or join a mining pool. For SUMO mining, our recommendation is to join a mining pool and combine your hashing power with that of other participants. When a block is found by the pool, the reward is split by the miners proportionally to the hash rate they’ve provided. This will guarantee you a percent of the reward, frequently.
What do you need to start mining Sumokoin?
When you think about it, the minimum to start mining at all is the hardware. Followed by knowing how to configure it and finding the proper Sumokoin mining software to execute the process. Since we’re talking about obtaining online money, a reliable internet connection and proper configuration are essential for the mining process. What else is connected to the money? That’s right – a wallet. That is all, when it comes to the basics. Here’s a quick summary of the essentials followed by a thorough SUMO mining guide:
- Mining Hardware – an ASIC miner.
- Reliable internet connection to access to mine continuously
- Wallet where you can store your coins
What else to consider before mining Sumokoin?
Your approach towards picking out a wallet for your coins is vital, in a way, as that is where you’ll have access to your earnings and you want them to be safe. You can choose the type, depending on the characteristics and security levels. There are mobile, desktop, online, paper and hardware options available. We have looked at each in details here.
Another inevitable part of the Sumokoin mining process is the noise and heat produced from the hardware. For that reason, it’s not recommended to run multiple mining rigs or ASICs in residential area. Keep in mind that you need to clean them from dust regularly and to think about cooling solution or ventilation. The topic is immense, and you can read more in our dedicated page.
Which Sumokoin Mining Hardware to buy?
There are numerous variations of graphic cards, mining machines, configurations and so on. For Sumokoin we have made a table for you. The hardware has been chosen based on the current profitability for CryptoNight algorithm:
Recommended Sumokoin Mining Hardware
Antminer X3 ASIC
- 220 KH/s ; 550W
- 125mm(L) x 207mm(W) x 334mm(H)
Software and hardware setup and configuration
We will guide you through the configuration of Antminer X3, since it’s the most profitable CryptoNight hardware currently on the market. Here are the steps:
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01. Connect all the cables with your ASIC
Connect the internet and power cables to their respective sockets. - when you receive the machine read through the manual – which cable goes where
- connect the LAN cable from your router to the Ethernet port of the control board
- connect the cables coming from the power supply to the hashing boards and control board
- connect the power supply to the electricity network
- wait for few seconds to boot
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02. Choose a Mining Pool
After the successful boot, you will need to choose a pool, that need to be configured in your mining hardware. Here are some examples for good reputable mining pools, where you can earn SUMO:
Hashvault
Server locations:.Reward system: PPLNSAverage fee: 0.9%Our choiceFairpool
Server locations:.Reward system: PPLNSAverage fee: 1.0%BohemianPool
Server locations:.Reward system: PPLNSAverage fee: 0.9%You should register your account and workers, if it’s required for the pool you choose.
You can find more information about mining pools, payouts, reward systems and most important criteria for choosing the best one in our overview page of all mining pools.
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03. Discover the miners’ IP address
The next step is to find the device’s IP address, which you will need for initial configuration. This can be done with a special tool provided from the hardware manufacturer. You can read the manual for detailed information how to use the program. If you have access to your router’s DHCP server, you can also grab the IP address from the clients table.
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04. Configuring the device
For ASIC machines, the software is integrated, and the setup is done through a web browser.
Open one of your choosing and enter the IP address of your device. You can use the default username and password for the login. If you don’t know the login credentials, you can always read the manual.
An image of the Antminer’s software login screen. 
When you are logged in, it is strongly recommended to change the default username and password.
Go to Miner Configuration/General Settings and fill out the information needed for each pool’s section.
For anonymous pools you need to enter– URL, port (of the pool) and worker (your wallet address). If you have more than one miner and you want to name them, just put a dot after the wallet’s address and type a name after it.
For example:
URL: pool.sumo.hashvault.pro:5555
Worker: Sumoo5MKzAegSKa9pcvzfEXscHrb8RtpwGyv6DenAmS9V7KKXFTqMWKdTqnXnAk.worker1
A working configuration should look like this:
A screenshot of Antminer’s config page with a Sumokoin mining pool entered. 
For pools requiring registration, you need to enter, in the URL field: URL address, port of the pool and in the worker field: yourusername.yourworkername
You can fill the rest of the groups to ensure that the software will automatically switch to another pool, if the first one is not working.
When done, click save and apply in the down right corner of the page. After а minute or two, your miner should be running, and you can monitor the hash rates from the status page.
Sumokoin cloud mining
When you pick cloud mining to earn Sumokoin, you will have to pay rent in order to use the hashing power from a marketplace of your choice. This way, you avoid the noise, heat, dust buildup, and other unpleasant factors that traditionally go hand in hand with mining.
Some of the well-known cloud mining providers are:
These two are actually the middle man, who acts like the connection between you and the crypto rewards. The process is not so complicated. You just need to choose the right provider, that suit your needs.
Double check the terms and condition in the contract before you make an order. In case you need more knowhow on cloud mining, just visit one of our specialized webpages here.
Sumokoin calculator
With this ingenious little tool, you can estimate the profitability of mining a certain coin, how much SUMO coins you can mine per day, week, month or a year and so on. There are few things required from you to type in:
- hash rate – the amount of hashing power of your equipment
- power consumption – in Watts
- electricity cost – the price per kW/h
- pool fee – % taken by the pool
Disclaimer: Mining profitability depends on various factors like difficulty level, coin price and others, which change over time. The values provided by our calculator are rough estimates and not guaranteed.
FAQ
How much you can mine for a day?
By using the Sumokoin mining calculator, at the time of calculation a single Antminer X3 can mine for you approximately 27 coins per day.
Can I mine with raspberry pi?
It is possible, but we would not recommend that. It is not profitable at all.
Is it legal?
This coin is legally mined. You can’t do it everywhere though. You are not allowed to mine any coins in Macedonia, Algeria, Bolivia, Ecuador, Bangladesh and Nepal. Not used as a payment method, but tradable in Vietnam, Indonesia and Thailand.
Which are the best countries to mine?
The ones with low electricity fees like Australia, Japan, Germany and Spain.
Can I mine by my Phone?
Yes, there are mobile options for mining. However, it requires a lot of energy and probably it will drain your battery fast and/or damage your phone.
Is it safe?
When being careful, you will avoid the unwanted scams.
What are ghost addresses in Sumokoin wallet?
It is a disposable wallet address. You don’t need to reveal your real wallet address.
About Sumokoin
You can be sure, that no one will find a spec of detail about your SUMO transactions. Its unbreakable ring size 12+1 makes it resistible to any blockchain analysis. It embraces the idea of real money. SUMO is a proof of work, open source coin, using CryptoNight algorithm. This is a solid code on one hand, and a user-friendly product on the other.
The team is proud with the innovation called “Lite wallet”. For those of you not familiar with this option, it means a wallet connecting to a remote node. This step avoids synchronizing the whole blockchain locally on your PC. The growing number and enthusiasm of the team members behind Sumokoin makes it interesting for new investors.
Sumokoin Team
Two friends, back in 2016, decided to become an active part of the cryptocurrency world. They announced Sumokoin in “The Bitcoin Talk” forum back in the days. The team keeps its privacy and there is not much on the topic.
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