SUQA x22i algorithm graphics card coin mining tutorial

In this beginners guide, we will see what is SUQA coin and how to mine SUQA? Here we will point out the main features of SUQA, its technical specifications, wallet types, wallet setup, X22i miner, hashrate, mining pools, calculator, mining configuration for X22i algorithm and some additional information/links to help you get started with this project.

SUQA: pronounced "SOO-kah" is a new peer-to-peer, open source, proof-of-work cryptocurrency launched on September 26, 2018. This coin is designed for mass adoption - the team behind it and this coin has the following features:

SUQA is based on the Bitcoin blockchain: it is 75 times more scalable than Bitcoin. The block time is 2 minutes and this coin is very fast and can process up to 533 transactions per second. Moreover, the SUQA blockchain allows you to make instant payments with almost no transaction fees. The maximum supply of SUQA is capped at a billion coins and the project has no pre-mine, no pre-sale and no ICO. However, all these aspects can be found in most crypto projects nowadays. So what is SUQA’s unique selling point?

X22i Algorithm Features

The project is brand new and just like other altcoins, the roadmap mainly mentions bounties, exchange listings and reward giveaways. This may change with further development of the coin, but what we currently find interesting are the following 2 features. This coin has a brand new algorithm called X22i that claims to be ASIC, FPGA and Quantum resistant. Apart from this, SUQA also proposes a new interest system that rewards its investors and incentivizes people to hold SUQA. Let’s take a look at these features now.

Ethash, CryptoNight, Equihash and most other popular PoW GPU mineable algorithms have been heavily affected by ASICs. This has recently given rise to several new ASIC resistant algorithms and one that has been very popular among GPU miners is X16R. Now we have X22i.

X22i is a new, innovative, sophisticated, state-of-the-art proof-of-work algorithm developed by SUQA. This is one of the most energy-efficient hashing algorithms, mining X22i is similar to Lyra2z or PHI2. It runs cooler and does not consume much electricity. This algorithm is basically designed for GPU and CPU miners, it is highly resistant to ASICs, FPGAs and QUANTUM computers.

SUQA is based on X22i, which stands for 22 Algorithm Intelligence, which is a longer chain of algorithms than any existing variant. The goal of this algorithm is to be ASIC and FPGA resistant, and by implementing multiple functions on the X11 PoW algorithm, it does this very well. The complex chain of 22 different algorithms requires a larger chip space, which makes it very expensive to manufacture for an ASIC or FPGA. In addition to this; to be future proof against quantum computers, it also includes the SWIIFTX hash function.

Developing ASIC or FPGA for X22i algorithm, but it is very expensive due to its complex structure. In addition, the developers of SUQA promise hard forks twice a year, just like Monero, to maintain powerful mining machines and keep high network decentralization.

For more information about X22i, we recommend you read the algorithm white paper.

suqa specification information

Coin Name:SUQA

Abbreviation:SUQA

Algorithm:X22i

Mining type:POW

Total amount: 1078740313 + 10% development fee

Block time: 2 minutes

Maximum block size: 16MB

Max TX/s:533 TX/s

Difficulty retargeting algorithm: DarkGravityV3

Pre-mining: No

Masternode: None

Pre-sale:No

Offline deposit interest, annual interest rate 5%

One of the biggest problems with most cryptocurrencies is the lack of adoption. To welcome new investors and incentivize miners, SUQA has created a program to reward its users. This is not masternodes or proof of stake; but a similar model that rewards its users for holding funds. This feature is called time-locked deposits and offers investors a 5% annual interest rate on their time deposits. To further encourage early adopters, the annual percentage rate is set at 25% for the first 3 months.

This is similar to a term deposit offered by a bank. You deposit a fixed amount, lock it up and earn interest on the APR. In crypto, it is similar to PoS and Masternodes, except that users do not have to go through a complicated setup process and do not need to keep their wallets open. Such features not only encourage investors. But also motivate exchanges to list such currencies as they can earn interest on customer deposits.

The interest calculation of storage coins can be calculated directly on the official website. You can see the picture below and check it on the website yourself.

Deposit steps:

1. Get the payment address in the wallet menu file and copy it;

2. Paste the payment address in the first address bar of deposit. The labal line is not filled in by default. Enter the required amount and lock time in Amount. Finally, click earn on the bottom left to start depositing coins. Continue to confirm the next two.

3. If you store all of it, there will be a small option after the deposit time. The handling fee will be deducted from the total amount. Click to select it and then proceed.

There is also the SUQA Foundation. There are many popular digital currencies available today, but the SUQA initiative is more than just another cryptocurrency. The main use case for this currency will be for the SUQA Foundation. It is a decentralized, autonomous, ecosystem of charitable organizations and blockchain startups, Cryptolancers, and charities.

To foster the growth of the blockchain, the SUQA Foundation rewards users within its ecosystem, and we mentioned the 10% founder fee. There is no pre-coin or ICO, but there is a 10% development fee for each mined block. It will be used to fund developers, exchange listings, and bounties.

Mining Information

Official website: https://suqa.org/

Web wallet: https://web.suqa.org/

suqa white paper: https://suqa.org/file/2018/10/suqa-whitepaper.pdf

X22i Algorithm White Paper: https://suqa.org/file/2018/10/x22i-proof-of-work-algorithm.pdf

Official Discord Group: https://discord.gg/GQZsMc5

Telegram group: https://t.me/Suqaafrica

The wallet is downloaded directly from the official website. Because it involves updates, the download address will change frequently.

Mining software usage and settings :

NVIDIA:

1.CryptoDredge: The latest version is CryptoDredge 0.9.7 which you can download from this link:

https://bitcointalk.org/index.php?topic=4807821.0

2.T-Rex Miner: The recent release is 0.7.4 and you can find the download link in this post:

https://coinguides.org/t-rex-0-7-3-t-rex-0-7-4/

AMD:

1.For AMD GPUs the best miner currently is zjazz AMD miner:

https://github.com/zjazz/zjazz_amd_miner/releases

The following are the speed values ​​of various graphics cards currently tested, for reference only:

NVIDIA (CryptoDredge)

RTX 2080 TI: 15.2 - 15.6 Mh/s

GTX 1080 TI: 13.9 - 14.2 Mh/s

GTX 1080: 9.7 - 10.0 Mh/s

GTX 1070: 7.8 - 8.1 Mh/s

GTX 1060 6GB: 4.7 - 5.0 Mh/s

GTX 1050 TI: 2.9 - 3.1

AMD (zjazz miner)

Vega 64: 6.7 Mh/s

RX 580: 4.7 Mh/s

RX 570: 3.8 Mh/s

General overclocking parameters: PL65-75, CORE+100, MEM+300

Mining block allocation

Mining Pools :

Mining pool list: https://suqa.org/suqa-pools/

http://yiimp.eu/ Fee 2%

https://uberkripto.club Fee 1%

http://icemining.ca/ Fee 1%

https://yiimp.cn/ Fee 1%

https://bsod.pw/ Fee 0.9% This mining pool is recommended for Asia

http://pool.douzipool.club/ Fee 0.5%

https://tera.tn// Fee 0.5%

https://www.focus-pool.com Fee 0.3%

SUQA mining profit calculation:

https://www.coincalculators.io/coin.aspx?crypto=suqa-mining-calculator

https://whattomine.com/coins/277-suqa-x22i

https://shittomine.com/calculator/coin/SUQA/

https://cointomine.today/calculator/coin/SUQA/

suqa block browser :

https://altmix.org/coins/114-SUQA/explorer/richList

Trading Sites

https://app.stex.com/en/basic-trade/pair/BTC/SUQA/1D

https://wallet.crypto-bridge.org/market/BRIDGE.SUQA_BRIDGE.BTC

https://tradeogre.com/exchange/BTC-SUQA

https://www.coinexchange.io/market/SUQA/BTC

https://wallet.escodex.com/market/ESCODEX.SUQA_ESCODEX.BTC

https://www.myqbtc.com/trade