New GPU mining Coin : Fulminare (FLMN) lets go into a deep dive into this coin after mining it for 48 hours by my GPUs.
what does it solve?
what algo ?
what services does it offer?
how do i feel about it ?
Lets dive ... 🧵
@FulminareTweet
#Fulminare is a blockchain project that aims to offer a range of services under one platform. From consulting to hardware rentals, the platform is designed to be user-friendly and community-driven. However, there are some red flags that potential investors should be aware of.
Technical Aspects:
• Consensus Algorithm: KawPow
• Developer Fee: 5% founder fee on every block reward
• Network Stability: Features like the Dark Gravity Wave
Network Information:
• Current Difficulty: 3524.29
• Connection Count: 16
• Current Block Index: 9642
all info can be found in the explorer:
explorer.fulminareproject.com/
Price and listing:
#FLMN already listed on xeggex.com and the price now is $0.025
Two pairs:
FLMN/USDT
FLMN/BTC
total vol for the past 24Hours is under $100k
Financial Aspects:
• Total Supply: Capped at 236,520,000 coins
• Issued as of today : 964,457 coins
• Founder Fee: 5% fee on every block reward for R&D and expansion
Community Engagement:
• Twitter Followers: 126 @FulminareTweet
• Discord Members: 576
• Telegram Members: 234
Red Flags:
1. Team: The team members' profiles do not seem to be real.
2. Code and Development: Lack of activity on GitHub.
3. Community Size: The community size is relatively small
4.Developer Fee: 5% founder fee on every block reward
While #Fulminare offers a comprehensive set of features and APIs, there are significant red flags that potential miners and investors should be aware of.
Proceed with caution if you're considering investing in or using Fulminare.
Would i continue mine it ? BIG NO
would i monitor it ? also NO
Why?
%5 fee on every block for RND or dev or founders is something i dont like and it makes me quit any network.
You can read the unrolled version of this thread here: typefully.com/Bokiko_io/9e7ospq