Introducing: đź‘Ł I was here [IWH]

Staking & Delegation Pool Introductions
1

Hello everyone,

It is common knowledge that the most good engineers between information technology and electronic design have a hard time “selling” themselves and their work - they just do it as well as they can and hope to be recognized for it.

My Stake pool “[IWH] I was here” is no different in this respect. However, I would like to take the opportunity to at least point out that it exists. And of course: It is there to be used by you ;-). Currently the pool consists of a Root Server and three relays (VPS server) on different machinen/in different data centers.

  • Ticker: IWH
  • Pledge: 311 kADA
  • Fixed fee: 340 ADA
  • Variable fee: 2 %
  • Website: https://cardano.ich-war-hier.de
  • Contact :email:: contact /at/ cardano.ich-war-hier.de
  • Contact :bird:: iwh_pool
  • Pool ID: e1ca526fe5d2d2ac26a2b3ab52bf73ba4f1506da4e533eff8c5faa7f
  • Location: Nuremberg and Frankfurt a. M., Germany
  • This pool runs on renewable energy. :seedling:

Of course I’m not a fan of big words like “maximum peak availability” and all the stuff you read about elsewhere. Which, in my experience, is more often lip service than reality.

Bildschirmfoto vom 2020-08-01 09-38-11
Bildschirmfoto vom 2020-08-01 09-38-111484Ă—1236 165 KB

If you are wondering: The name already dates back about twenty years. It was the result of a process to think about what would be a meaningful goal in life. And I stuck to it since then.

I would be very happy if we could leave something good together.
Happy staking :footprints:!

2 Likes
2

A small update:

  • I added a small text to the pool’s information page explaining my opinion on why to choose small stake pools over the few big ones as a delegator.
  • Pool pledge was increased slightly (even though it has little effect on block assignment)
  • The last relay server was moved to a datacenter operated with renewable energy, too.

Have a nice weekend!

3

Good luck with your pool!

1 Like
4

Thank you! I just reduced the margin to two percent.

I am still convinced that it is barely a difference to delegators (which now of course switch over to pools actually producing blocks) if they earn 97% oder 98% of the rewards. At the same time it is a (potential) loss of 30% for the operator…

I just don’t get the mechanics (anymore) - How is this “race to the bottom” promote decentralization on the long run?

5

With time your operation will be highly profitable and the skills you have sharpened in the process will be invaluable! Stay in the fight and you won’t regret it!

6

For hundreds, also pools with smaller stake, this might be business as usual… But finally… IWH minted its firsts Block! yaiii Man, I am relieved :wink: Honestly.

Pooltool first mainnet block award

1 Like
7

Like so many other pools: 0% variable fee until… delegators have a maximum cost of 6% (of lower if pool stake increases)

2020-05-25 pool cost 6perc, variable fee 2perc
2020-05-25 pool cost 6perc, variable fee 2perc2015Ă—1227 338 KB

Let’s see how this changes behaviours - or not :smiley:

8

For better transparency, from now on I’ll make the leader log publicly available.

2021-01-25 08-44-07
2021-01-25 08-44-071038Ă—328 71.8 KB

This way, potential and current delegators can actually check the performance - which they usually can’t as most operators won’t make the assigned number of slots available. I hope this is useful to build more trust into the pool operation itself. :slight_smile:

9

IWH pool has filed the tax statement:

Taxes of the pool for block rewards 2021 are 16636 €/17501 $US!

That means IWH paid 1386 €/1458 $US per month for :mortar_board: free education, :hospital: universal healthcare, :umbrella: unemployment support, :older_woman: :older_man: pension funds, :seedling: environmental protection and :train: public infrastructure.

What other “charity” pool (of this size) has donated that much?

1 Like