Introducing [MnM] Minimum Fees Charity Pool


Hello everyone, welcome to [MnM] Minimum Fees Charity Pool :blush:

340ADA fixed epoch fee. 0% variable fee. 5k pledge.

MnM pool’s mission is helping those that need it most while ensuring delegators retain the maximum rewards due them.

10% of all fixed epoch fees donated to globally-focused charities helping struggling people in developing countries, primarily Africa.

I believe running a stake pool with a minimum fee structure is the right thing to do. The price of ADA enables adequate pool profits without dipping into delegator’s rewards.I expect Cardano’s value to continue to strengthen, reinforcing this minimum fee position.

I have strong opinions about how a charity pool should be run. Too many pools claim they donate to charity without outlining clear amounts, donation timing (year end?), or providing proof of donation. It is prudent to maintain a healthy scepticism of such claims. Proof should always be provided.

MnM pool will provide monthly proof of donations on our Twitter account. This enables people to verify the donation with the charity.

To demonstrate this, I have I have donated $100NZD ($70USD) to Tear Fund charity up-front.

I have selected New Zealand charities (I’m a Kiwi) with an international focus, primarily bringing clean water, medical, educational and vocational help to struggling children and families in Africa. My family and I have personally donated, and sponsored children, through these charities over the years; therefore, I trust these charities.
We may broaden the list in future.

Tear Fund
International Needs
Mercy Ships
See website for links. Being new I can only post two links :slightly_smiling_face:

About me: I’m a bean counter in New Zealand, now nauseated with beans and their excessive beaniness. I want to extract myself from the grind and do something more fulfilling. I’m a computer enthusiast experienced with Ubuntu and networking. I like figuring things out for myself. All manner of computer builds and setups, graphic art, websites, the lot, I enjoy doing it myself.

After hearing Charles Hoskinson speak back in February 2021 (when I started getting into crypto), it was an eye opener. I found his vision of Cardano extremely compelling. I see this as the future, and myself having a part helping people in this future.

Stake Pool Specs:
One relay node and the block producer node are Virtual Private Servers hosted in Germany. Each has 4 CPU cores, 8gb RAM, 200gb SSD, 200mbit internet. Power and internet redundancy is built into this hosted system; thus, reliable uptime is assured.

The second relay node is bare metal, has 8 CPU cores, 8gb RAM, 1TB HDD, 100mbit internet and its IP is intentionally hidden - not registering publicly with my stake pool cert. This ensures the block producer maintains up-time if public relays are attacked.

MnM pool is closely monitored. Additional relay nodes can be spun up extremely quickly if needed.

Air-gapped laptop for cold keys kept securely.

Hi all, I have created a series of walkthrough videos for beginners on how to set up a stake pool.

I want to further Cardano. This is the best way I know how.

Pleased to announce we now have just under 55K active stake :blush: