Beyond YYC official Cardano / ADA pool!

[jacky4566]

Beyond has an official Cardano / ADA pool now!

POOL ID: YYC

Cardano / Ada is 3rd gen crypto currency which uses a "proof of stake" system for security instead of raw power, race to the bottom hashing.

Its more efficient and fair distribution of rewards should lead to a long and healthy crypto currency.

What that's means for the investors or "stakers", stakers will receive a proportional share of this pools rewards. The chances of mining a block in a given epoch (5 days) are pool stake over 1,000,000. So a healthy Pool of 1MIL will see 1 block per epoch and returns of 4.5%/yearly.

This pool is taking 340 ADA per block for operating costs. PLUS 1.5% for a Calgary based charity per epoch plus another 0.5% goes to Beyond.ca since I know none of you cheap bastards keep this place alive.

Rewards Tracking Sheet

The Hardware:

• 1x raspberry pi 4 8GB with POE hats and 256GB SSD

• BEELink GTR5 5900HX 1TB 64GB RAM

• 1Gb fiber connection

Useful links

YYC Adapools Stats

Cardano staking basics

Pool Hardware stats (Please PM for access)

NDAX.IO Crypto Exchange (affiliate link)

Adjusted Cost Base.ca for tracking gains and taxes. Free!

Cardano YYC Twitter Updates

Pool TODO list:

• Fill out more Metadata

• Make a real website?

• Add a 3rd relay once we have returns.

• Add POE power backup and second WAN

Edit: More of the pool rewards are going to charity now.

[taemo]

@jacky4566 slowly catching up with Cardano and staking so I'm interested on joining this.

[jacky4566]

Awesome. More stakes the better.
Since this is a new pool it might take many epochs before we are getting steady returns but I am committed to run this.

[VWEvo]

Interested, I'm following this thread. I have a decent amount of ADA

[A2VR6]

Following as well... the rate of return is a little less than what I’m able to get staking with Binance right now so I’m currently Staking my small amount of ADA with them

[jacky4566]

Hey Guys looks like I am getting slower uptake on this than originally planned.
I want to show that I am serious about this endeavor and would like to put out a guaranteed return on investment of 5% annualized.
Ending Epoch 310 (roughly 6 months from today) whatever ADA you Actively stake in the pool I will personally guarantee a 5% annualized at the end of the 6 months from the pool.
This is not replacing rewards but a subsidy to encourage delegations.
adapools.org provides a public list of delegators and their registration dates so the math is pretty easy and public.

Like starting any small business you gotta put some money on the line and this is my promise. Once delegators pass 100k we should see enough rewards to payout the 5% otherwise

[LilDrunkenSmurf]

Interested in following. Been staking for HODL for the last few epochs. Not like I have a ton of ADA to stake compared to some whales, but still worth staking.

[taemo]

finally staked my small ADA amount, will stake more later on when I decide to get some more

[jacky4566]

Sweet thanks for the support Taemo.
Edit: Got you in now!

[LilDrunkenSmurf]

On the road to try and get 1000 ADA.
Just redelegated to move my stake over on epoch 277

[jacky4566]

Nice, I have you locked in smurf.

[jacky4566]

Epoch 276 is done.
YYC pool produced 0 blocks. We currently have a 0.4% chance of getting one per epoch.
For the guaranteed rewards scheme I have the following:

User	Sum of Calculated Rewards
Taemo	0.098526881

[jacky4566]

Epoch 277 (almost) is done.
YYC pool produced 0 blocks.
Our Pool rank is #1362 and with an active stake of 4039 we have a 0.4% chance of getting a block per epoch.
For the guaranteed rewards scheme I have the following:

User	Sum of Calculated Rewards
Taemo	0.147840941
LilDrunkenSmurf	0.201780822

[taemo]

sweet, thanks for the updates man.

just got more ADA so I will stake them today

edit: does it delegate automatically the new coins that I just transferred on my wallet?

[LilDrunkenSmurf]

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sweet, thanks for the updates man.

just got more ADA so I will stake them today

edit: does it delegate automatically the new coins that I just transferred on my wallet?

Yep. Just keep adding to your wallet.

[jacky4566]

Epoch 278 is done.
YYC pool produced 0 blocks.
Our Pool rank is #1362 and with an active stake of 4039 we have a 0.4% chance of getting a block per epoch.
For the guaranteed rewards scheme I have the following:

User	Sum of Calculated Rewards
Taemo	0.197188777
LilDrunkenSmurf	0.40369985

Ill make sure my excel sheet includes your guys new coins at the epoch you submitted them.

[jacky4566]

Epoch 279 is done.
YYC pool produced 0 blocks.
Our Pool rank is #1393 and with an active stake of 4103 we have a 0.4% chance of getting a block per epoch.
For the guaranteed rewards scheme I have the following:

User	Sum of Calculated Rewards
Taemo	0.283666304
LilDrunkenSmurf	0.612606494

[LilDrunkenSmurf]

How much does the pool have delegated? Any way we can help get more staking (without just buying more ADA?)

[jacky4566]

Total delegation is 4103 ADA.
https://adapools.org/pool/1795531808...0c04e02015550c
This is a good site to see the stats.

Getting more stake is the whole name of the game. Its why I'm running this 5% promotion.
Best way to help would be trying to convince other people to delegation. Through social media or other methods.

[jacky4566]

Epoch 280 is done.
YYC pool produced 0 blocks.
Our Pool rank is #1362 and with an active stake of 5082 we have a 0.5% chance of getting a block per epoch.
For the guaranteed rewards scheme I have the following:

User	Sum of Calculated Rewards
Taemo	0.370203061
LilDrunkenSmurf	0.821656224
R-Audi	0.0