Hello and Happy Holiday’s Forum,
I’m interested in learning about staking as I’m very excited to support the Cardano ecosystem. I’d like to test out creating my own staking pool. Is there a way to create a pool for testing only (using not real Cardano tokens perhaps) so I can install what’s necessary on my server and test out how to run a Cardano Pool? Do I install a regular Cardano Pool and point it to Testing instead of Mainnet?
Also, would someone be willing to let me know what it takes regarding their approximate costs? I know that owning a Linux Server, electricity costs, monitoring (uptime) are all involved in running a reliable pool. I’m not into this to make a ton of Cardano but I would like to at least cover what I’ve put in and see what kind of rewards other receive when running a pool. I’ve watched this video and it appeared on a 100,000 tokens staked there could be a 30-40 thousand tokens earned for the stake pool owner. Is this video accurate?
Any advice you can provide me would be greatly appreciated.