Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏 - page 127. (Read 202442 times)

If electric bill is free, anything is profitable!

If I set my hashrates to WhatToMine then SUMO is second best for profit after ETH today.

I would suggest to study the roadmap and take a closer look to the coin's development. Indeed for anyone hitting upon the coin by chance the first impression created is similar to yours.

It was an overstatement.

There are no major differences between Sumokoin and Monero besides the pow diff algo ( which in my very humble opinion is better and more responsive than all cryptonight coins, giving a hard time to cpu farms and botnets thus making the coin more profitable to miners https://github.com/sumoprojects/sumokoin/pull/10 ), the RingCT from the start (thus having no traceable legacy in its blockchain), the 12 mixins from day one (which is an overkill in terms of privacy) and the better emission scheme (this last one is just a personal and subjective opinion of mine, i cannot prove it).

Sumokoin is only 6 months old but it has a solid GUI wallet for all OSs ( Windows, Linux, Mac ), its very profitable to mine ( most of the time it is the most profitable cryptonight coin on whattomine ), has a nice, big community, lots of pools ( www.sumopools.com ), will implement subaddresses in the next GUI version the following month ( so will Monero I guess ), a very good roadmap and 4 devs that have proven their skill up to now and they deliver on what they promise on time.

We strive to grow alongside Monero and not against it. There is no competition whatsoever. Monero will always be the first and 100% private cryptonote based coin and will be a pioneer in all future developments. Our devs strive to follow Monero's path and wherever they think its possible improve and implement some of its features

I'm trying to understand the whole project, but the only differences from monero seems to be the nice UI/UX programs and some minor(unnecessary) parameters changes, yet a big premine. Also this sentence "Sumokoin aims at stability while Monero gets breakthroughs via a series of hardforks (that may put some pressure on exchanges/payment services). It does not mean there won't be any hardfork in Sumokoin, but not in near future (probably not in years).", this doesn't seems like an advantage for you.

Moreover, i dont even see this as backup, because we already have Boolberry, Aeon, and even Karbowanec, with 0% premine.

is Sumokoin still profitable enough for miners, particularly AMD miners?