Topic: [ANN] FortuneBlock - CPU Mining - Fair launch - No Premine - No Dev fees (Read 727 times)

Last Call:

There are only 1000 blocks remaining before the hard fork! If you haven’t upgraded to the latest version yet, please do so as soon as possible to ensure your node remains fully compatible with the upcoming changes.

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Great news! We are now listed on another exchange!

Thanks to the support and efforts of our community, our project is now officially listed on Exbitron.com. This marks another step forward in enhancing our liquidity and visibility in the crypto market!

Trade here:
https://app.exbitron.com/exchange/?market=FTB-USDT

You can now view the blockchain height data on this page: https://www.fortuneblock.xyz/check.html

We have added support for FortuneBlock to Miningcore. Now, everyone can set up their own FortuneBlock mining pool as needed, promoting the growth of distributed mining and enabling more efficient resource utilization and community participation.

With distributed mining, more miners can join the network, collectively enhancing its security and decentralization. This support brings new opportunities to everyone, making the mining process more open and fair.

Source code:  https://github.com/FortuneBlockTeam/miningcore-xiaolin1579

If you have any questions, feel free to reach out.

New pool here:


https://fortunepool.xyz/

PROP PPLNS SOLO mode

0% Fee

xmrigCC
srbminer-multi
wildrig-multi

Seems nanominer is not compatible with Mike algo.  What CPU miner would you suggest?

Just found Awesome Miner.  Probably, it can be used.

Only answer if you can suggest something better. Otherwise, this post is going to be deleted by me

Our POW algo is Mike

I am new to mining.  Did try CPU mining Monero with Nanominer.  It was mining but was not enough.

I have changed pool, address, algo at config file.  In fact, changed the minerpool, but showing fortune algo is not supported on running

From blocks 1 to 720, each block rewards 1, totaling 720. Starting from block 721, the reward is 500. The mining address is the rplant pool.https://explorer.fortuneblock.xyz/address/FrWVocHBVrnDvxEXVij9tdPtLwCCV79Lmg
At block 721, the pool address holds 500 out of a total of (720 + 500), which is 40.9%. At block 722, it holds (500 + 500) out of (720 + 500 + 500), totaling 58.1%. By the time we reach block 740, the pool holds 500 * 20 out of (500 * 20 + 720), which is 93.2%. At this point, all coins are still in the pool and haven't been distributed yet. I’m not sure if this is what you were looking for.

this is your respond ? 

Please continue to observe.

In tokenomics, it says, "Blocks 1 to 720: During the initial phase, blocks 1 to 720 each offer a mining reward of 1 coin per block. This slow start prevents any centralization of mining power and allows the network to distribute coins fairly in the early days." And what I see now is that after the 720th block, the first address holds more than 93% of the total coins. So basically, you did not fix the centralization problem. What is your response?

Currently, there are no mining pools, which is a good thing in some ways because once you mine a block, random rewards will be sent to your address. If you mine in a pool, the rewards will be sent to the pool. Therefore, if someone establishes a mining pool, we recommend not charging miners a fee, as there are already plenty of random rewards.

No pool?

400 blocks have been mined, tick-tock!

github:https://github.com/FortuneBlockTeam/fortuneblock

We are excited to announce the official launch of the FortuneBlock project. FortuneBlock is a blockchain initiative designed for everyone, with a vision of making it accessible to all and easy to use in everyday transactions.

Project Background

FortuneBlock is supported by a dedicated volunteer development team committed to an open, fair, and long-term project. Our team contributes their time and expertise without any developer fees or pre-mining. We also don’t intend to pay for exchange listings, as our focus is on building a strong, healthy community to support a sustainable ecosystem.

Coin Value

At present, FortuneBlock coins do not hold any inherent value. This project is meant for those who are willing to support our vision and invest in its growth, rather than those seeking short-term gains. We believe the true value will come with development and widespread adoption, making this project more suitable for users who are committed to its mission.

Unique feature

Once you successfully mine a block, your address is permanently recorded on the blockchain. From that point forward, with each new block generated, you have a chance to continuously earn rewards—benefiting you indefinitely.

Coin Spec

Name: FortuneBlock
Ticker: FTB
Total Supply: 260 Million
Initial block reward: 500 FTB (block 1 - block 720 :  1 FTB)
Halving time: 260000 Blocks
Block Time: 2 Minutes
Pow Algo: Mike
Smartnode Collateral: 60000
Block Reward Distribution: %5 Lucky Miner / 20% Smartnode / 75% Miner

Useful Links

Website:https://fortuneblock.xyz
Explorer:https://explorer.fortuneblock.xyz
Twitter:https://x.com/Fortune_Block
Discord:https://discord.gg/g4rwqYHkmd
Medium:https://fortuneblock.medium.com/
github:https://github.com/FortuneBlockTeam/fortuneblock
miningpool:https://miningpoolstats.stream/fortuneblock
exchange:https://app.exbitron.com/exchange/?market=FTB-USDT
Our Commitment

FortuneBlock is a long-term endeavor. Our goal is to build an open, transparent, and decentralized ecosystem. We are confident in the potential of this project and welcome anyone interested to join as a community volunteer. Whether you contribute to development, community growth, or other areas, we invite you to be a part of our journey.

Thank you to everyone supporting FortuneBlock. Let’s work together to make blockchain technology accessible for all!