Ever thought about starting a stake pool? - beginner video walkthroughs using Coincashew

Staking & Delegation Setup a Stake Pool
1

Hi Cardano friends, my best effort to contribute to the Cardano vision is making stake pool setup as easy as possible for the public. Ideally enabling basically anyone to set up a pool, whether it be a wale, or small ADA holder.

I have made beginner guides using Coincashew website and think most anyone can now follow along and have a working, safe, stake pool. Get grandma creating an ADA stake pool for knitters worldwide (maybe not, but you get the idea). :slight_smile:

setting up a Cardano relay node on a VPS

Air-gapped computer

Block producer

As time permits I would like to follow this up with,

  • updating a Cardano node

  • Setting up a router if using your own computers (bare metal pool)

  • Moving the block producer to another computer

2

Thanks. Interesting choice to not have any verbal narrative. Have you thought of recording a voice over to help walk people through the steps?

Great video overall though. Iā€™ll definitely watch all of them,.

3

Thanks. I find when I do any voice that I end up doing a million takes before Iā€™m happy.

Using text overlays stops any rambling and keeps everything on point.

4

Thanks so much for your guide.
I donā€™t have advanced knowledge in IT & Dev, so I want to setup a pool on Testnet.
3 Months later, iā€™ll try on Mainnet.
Do you have any guide for Testnet.
Thanks!

5

Hi, the same guides should work, but whenever you see ā€œā€“mainnetā€ in the coincashew commands, you will need to replace it with ā€œā€“testnet-magic 1097911063ā€

So command the command:

slotNo=$(cardano-cli query tip --mainnet | jq -r ā€˜.slotā€™)
echo slotNo: ${slotNo}

Would become:

slotNo=$(cardano-cli query tip --testnet-magic 1097911063 | jq -r ā€˜.slotā€™)
echo slotNo: ${slotNo}

image

6

Thanks so much,bro.
One more question please.
Iā€™m going to setup a stake pool on Testnet.
So, is there any cheaper server that you can recommend?

7

Contabo is the cheapest Iā€™ve seen. If anyone has found a cheaper VPS service, Iā€™d be very interested :blush:

8

Thanks so much :pray:

9

I have been using Hetzner since 2 years for personal projects (non-crypto related). Thanks @MnMCharityPool_0pct for pointing out Contabo! :smiley: Also happy to see their blog post saying ā€œCryptocurrencies utilizing proof of stake approach are welcome at Contabo.ā€

Edit: I decided to research a bit and didnā€™t find any evidences that Contabo is eco-friendly or at least adheres to any carbon offset initiatives :disappointed:, so for the time being I am gonna stay with Hetzner.

10

When choosing a provider please consider to select one which is not heavily used by other pools to reduce dependency from individual hosting providers