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Author Topic: [ANN] FortuneBlock - CPU Mining - Fair launch - No Premine - No Dev fees  (Read 1089 times)
fortuneblock (OP)
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October 31, 2024, 05:13:47 AM
Last edit: November 20, 2024, 07:06:47 AM by fortuneblock
 #1

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!
fortuneblock (OP)
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October 31, 2024, 05:20:29 AM
Last edit: October 31, 2024, 10:09:54 AM by fortuneblock
 #2

github:https://github.com/FortuneBlockTeam/fortuneblock
fortuneblock (OP)
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October 31, 2024, 09:51:51 AM
 #3

400 blocks have been mined, tick-tock!
hsb
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October 31, 2024, 12:16:13 PM
 #4

No pool?
fortuneblock (OP)
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October 31, 2024, 12:36:36 PM
 #5

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.
MiningCoinsPool
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October 31, 2024, 02:29:16 PM
 #6







Fortuneblock on ALTCOINSPOOL.com

fee: 1% | payout: 15 minutes

connect.altcoinspool.com:6802



Join our discord



MS7_IS_HERE
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October 31, 2024, 06:31:34 PM
 #7

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?
fortuneblock (OP)
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November 01, 2024, 01:11:52 AM
 #8

Please continue to observe.
MS7_IS_HERE
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November 01, 2024, 05:38:53 PM
 #9

Please continue to observe.
this is your respond ?  Smiley Smiley Smiley
fortuneblock (OP)
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November 02, 2024, 01:33:42 AM
 #10

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.

kamalsharma100
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November 03, 2024, 06:14:30 PM
 #11

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

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instant KYC-free exchange comparison
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fortuneblock (OP)
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November 04, 2024, 02:59:50 AM
 #12

Our POW algo is Mike
kamalsharma100
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November 04, 2024, 03:19:09 AM
 #13

Our POW algo is Mike

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


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instant KYC-free exchange comparison
████████████████████     Clearnet and onion available #kycfree + (prepaid Visa & Mastercard)     ████████████████████
fortuneblock (OP)
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November 04, 2024, 12:07:27 PM
 #14

xmrigCC
srbminer-multi
wildrig-multi
fortuneblock (OP)
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November 06, 2024, 04:17:37 AM
 #15

New pool here:


https://fortunepool.xyz/

PROP PPLNS SOLO mode

0% Fee

fortuneblock (OP)
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November 07, 2024, 11:46:20 AM
 #16

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.
fortuneblock (OP)
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November 13, 2024, 01:15:02 AM
 #17

You can now view the blockchain height data on this page: https://www.fortuneblock.xyz/check.html
fortuneblock (OP)
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November 17, 2024, 09:52:20 AM
 #18

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
fortuneblock (OP)
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November 20, 2024, 11:52:37 AM
 #19

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.

Don't miss out—upgrade now to avoid any disruptions!
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November 23, 2024, 11:50:14 AM
 #20

Our POW algo is Mike

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



I wrote a guide on how to mine with mike on my medium account

https://medium.com/@setvin/how-to-create-a-vkax-wallet-node-and-start-mining-automatically-on-boot-windows-e8cc44dc6f08

https://medium.com/@setvin/how-to-mine-vkax-bc4308ef30e5



Different coin but same algorithm, you can change the config. Wrote a few other guides such as how to setup node on android phone

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