One of the hardest parts of being a small Cardano Stake Pool Operator | Part 1

[@jpfitwin]

I’m glad you posted this Alex. You have some really great content in here that is just not available anywhere else. Extremely valuable and real. So thankful you stayed focused on truth and character rather than gimmicks. I predict NASEC will be one of the most solid with the most loyal and rewarded delegates. Thanks for the info

[@jaylen285]

thank you for your contribution towards the network

[@gismoscherer]

seems your pool took off, just after you made this video. Going to look forward in how my pool going to develop, just went online yesterday ;)

[@NAcrypto]

Good luck Sebastian!

[@gismoscherer]

@@NAcrypto I'm born lucky... so all will go well ;)

[@JohnnyKelly]

@@gismoscherer how did it go?

[@gismoscherer]

@@JohnnyKelly 2 blocks so far… guess that answered your question.

[@user-ko1rd8up8l]

Hang in there Brother. I'm thinking after smart contracts go live transaction fees and multi assets make it more profitable. Also keep plugging away to get more delegators

[@chbfiv]

Keep up the great work

[@scottwallacejr]

Come a long way friend

[@NAcrypto]

I know! It's been a long ride but an interesting one for sure.

[@kevindcarr]

I admire what you are doing. What software are you using to create your youtube videos? I am working on setting up a pool myself on the testnet. I hope I can get through to the end and actually get delegators.

[@NAcrypto]

Hey Kevin! I use OBS Studio to record videos. Best of luck and feel free to join our Discord if you'd like to chat about Stake Pool Operator stuff :-)

[@ericsantos4697]

Thanks for your great video. May I ask what are the facts that decide your stake pool's ranking?

[@NAcrypto]

Ouch Eric. Truly difficult question to answer succinctly. Take a look here for your answer: gist.github.com/ilap/ad088d31e542f73685a3a245b3ad6c50

[@ericsantos4697]

@@NAcrypto thanks for your link

[@MonadPool]

I like what you're doing! But you keep using the word pledge wrongly. Pledge is only your pledge, the total ada in your pool is your total stake. Pledge is not "stake" as it actually has a relationship with the rewards received, but it only really makes a significant difference at large pledge levels (like 1/4 to 1/3 of saturation level as pledge).

[@JohnnyKelly]

Yeah him saying they lost pledge and that's just gonna happen had me very confused. Like, was he just accepting some form of stakepool wallet address theft?! Glad to see this comment to show I wasn't going mad.

[@deafferret]

I am so confused... This video was posted 4 hours ago... which is a humdrum story up to epoch 246... but the NASEC story has changed drastically (WAY more positive) in epochs 247, 248, 249 that I'm looking at in adapools website right now? ... I thought epochs were 5 days long each? Why was a video posted 4 hours ago talking about the situation 15 days ago...?

[@NAcrypto]

Spoiler alert ;-) Rocky Theme incoming

[@MichaelBoyden]

Seems like Cardano is dissuading new/small stake poolers. Seems counter decentralized, no?

[@NAcrypto]

1M ADA is not a lot of ADA in the grand scheme of 45Bn ADA or 38Bn ADA today. There is no "need" for millions of pools, that's the whole point of PoS to reduce the energy demands PoW introduced unnecessarily. My point is that we need all the meaningful pools to be owned by separate individuals.

[@muskpool4109]

@@NAcrypto it’s big money for the average person

[@MultiverseMayhemtoyou]

I was thinking of starting a stake pool but I don't have that much money 300k to start Dude I feel poor

[@NAcrypto]

We've reached 3000 stake pools already. If you don't have an excessive amount or amazing marketing then I would suggest staking with NASEC or another pool is a good option.

[@Sasha-bd2yz]

what is your pool name?

[@NAcrypto]

NASEC