2. if you are using Martin's version check "additional option 3"
I have tried Martin's Lo method:
-SIP is disabled
-VMM flag was on
-Martin's 0.8.0 version loaded
I created a Big Sur bootable USB key, selected it via boot picker. I decided to do a clean install so I erased the main disk and followed the installation, I pointed to the disk to copy files and the installation process started fine, once all data was copied to the disk mac restarted but I got a grey circle grayed out. I tried to reboot into BigSUr recovery but it failed at the same moment also giving me that grey circle crossed.