Are you wondering how to mine Safemoon crypto efficiently? Unlike some other cryptocurrencies such as Bitcoin, or Ethereum, Safemoon cryptocurrency cannot be mined directly. However, a process will enable you to mine Safemoon so efficiently that you will not even notice that you are not mining this cryptocurrency directly.
In this article, we will show you how to mine Safemoon crypto by presenting you with the ultimate guide with step-by-step instructions.
Get a Wallet for Safemoon Crypto
Before we get to the question of how to mine Safemoon crypto, first, you must obtain the digital wallet in order to receive money. While there are plenty of wallets to download, we highly recommend the Trust wallet and the Metamask wallet, especially if you are a beginner in Safemoon mining.
You will be able to quickly get the Trust Wallet without the initial charges by downloading it via Google Play Store or Apple store. The Trust wallet currently has over 5 million users and supports Safemoon Crypto.
Hardware wallets like Ledger do not support Safemoon cryptocurrency. However, Trust wallet is an excellent choice. To increase the security level, you can introduce scanning the fingerprint or pin code usage protective measures by going to the Settings tab on the app.
Metamask is a beginner-friendly digital wallet with over 10 million current users. With this wallet, you can swap and store tokens by downloading them free from the Google Play Store. There are gas fees and dynamic service fees that range from 0.3% to 0.875%. However, since this wallet is one of the best you can use for Safemoon cryptocurrency, it is completely worth it.
Download the Unmineable Software for Mining
Since you cannot mine Safemoon directly, what you can do is to download the unMineable Software.
- Go to unMineable.com, and you will see the option to download it. You can avoid the notifications about potential threats by changing a few setups on your computer.
- Click on the three dots in the upper right corner, next to your profile picture.
- Click on Settings -> Privacy and Security -> Security -> Scroll down and click on the No protection option -> Turn Off.
- Next, go to PC search -> Windows Security -> Virus and Threat Protection -> Virus and Threat Protection Settings -> Manage Settings -> Real time protection -> Off.
- After following these steps, you can download the unMineable and open the file.
Mine from your PC or a mining rig, and start enjoying the benefits of a passive income
How to Mine Safemoon Crypto Using Unmineable?
You can quickly learn how to mine Safemoon crypto with unMineable by following the steps and choosing suitable options. After downloading the mining software, you will be able to determine whether you want to mine with a CPU or a GPU. GPUs are stronger, and you will be able to mine more efficiently by using a high-quality GPU. However, if you are just beginning, you can also use a CPU.
Click on Start. A new window will open, and here you should enter the Safemoon address. You will also be able to enter the referral code if you have it and decrease the Dev Fee to 0.75%. The regular fee is 1%, and with the referral code, you will be able to reduce it.
After you click on Start, a new page will open, where you will be able to go to Settings and adjust the mining Intensity that you want. We recommend that you choose High intensity for maximum results. Click on Save.
In the Settings sections, you will also be able to choose the algorithm for mining. If you are mining using a CPU, you don`t have to change anything. But, if you are mining with GPU, you will have several options to choose from depending on your GPU.
For example, for a graphic card of 3 GB, you can use Autolykos, Kawpow, or Etchash algorithm. On the other hand, if your GPU is 6GB or more, you should use Ethash.
Choose a miner from a list of options. You will be able to choose from the following: Phoenix miner, lolMiner, NBMiner, T-Rex Miner if you are mining with GPU. For CPU mining, you will be able to choose from Xmrig, or use Our easy mining app.
Once you click on Start, you will be able to see the Hashrate and monitor the mining process.
How Much Time Does It Take To Obtain One Safemoon?
Now that you know how to mine Safemoon crypto, the next question would be how much time it take to obtain one Safemoon. And the answer is around five minutes, depending on the type of GPU that you are using.
Why Do You Need to Use Unmineable to Mine Safemoon?
How to mine Safemoon crypto without using unMineable? While there are some apps that claim to have the option for this, we do not recommend it. The Safemoon crypto is a proof-of-stake and not a proof-of-work cryptocurrency, meaning you cannot mine it directly. Instead, you can mine it by downloading the unMineable Software and receive a payment in Safemoon coins.
Safemoon Payment Information
The threshold for the minimum number of Safemoon coins that you need to mine to get paid is 7000. Once you earn 7000 SFM coins, you will be able to make a transaction. Note that there is a 10% transaction fee if you want to collect your money.
The reason for a fee that high is that Safemoon is intended to be a long-term investment. Namely, the owners discourage frequent transactions by setting up a high transaction fee.
One portion of the fee goes to the long-term holders, while the rest goes straight to a liquidity pool. The liquidity pool serves to keep this cryptocurrency stable.
The minimum amount of the Safemoon that you can withdraw is 7000.
Mining Safemoon Crypto Has Never Been Easier
We have seen the process of how to mine Safemoon crypto, so you can begin mining anytime you want. With a few simple steps, you will be able to mine Safemoon crypto from your PC and even your laptop. And remember, the more high-quality your GPU is, the better results you will achieve.
Mikaela Dejohn is a crypto trading analyst with a background in mathematics and computer science. She has been involved in the cryptocurrency market since early 2017 and has been writing about and analyzing it since late 2018. Mikaela is passionate about helping people understand and trade cryptocurrencies, and she believes that they represent the future of money and global finance.