Retiring My Stake Pool

English Community Technical Support
1

Well, I’ve learned a lot and spent a great deal of time on my pool, but I’ve decided it’s just not worth the time, effort, and cost to operate and maintain a Cardano pool.

My first question is: Should I retire the pool first and then transfer all ADA to a wallet?

Can someone point me to step-by-step instructions on how to retire the pool?

Thanks to everyone who helped me on this journey, especially Alexd1985!

Still a big believer in Charles and Cardano, but I’ll be taking more of a passive participant approach from now on. :slight_smile:

Regards,
StuGazzO

1 Like
2

Hi,

Cntools or coincashew?
Anyway, you can send the funds to another wallet before to retire (keep 1 ADA for withdrawing the 500 ADA which u will receive after u will retire the pool) BUT do not de-register the wallet otherwise u will lose 500 ADA paid.

  1. Send funds to another wallet (keep 1 ADA) - optional
  2. Retire the pool
  3. Withdraw the 500 ADA
  4. De-register the wallet to receive back 2 ADA
  5. Send all funds to another wallet

Cheers,

3

Yes, I used coincashew. As always, thanks Alex!

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4

Here is the coincashew link with the instructions: https://www.coincashew.com/coins/overview-ada/guide-how-to-build-a-haskell-stakepool-node/part-iv-administration/retiring-your-stake-pool

5

Yeah alex the bomb. He selflessly helps always. Anyway i feel ur pain. Been 10 epochs without a block. Have 300k plus delegated but no blocks for a long time and we bound to loose delegators. Anyways Anyways please consider staking at plebpool.com [PLBPL] a staking pool for us plebians. Helping feed the homeless in south africa;)

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6

Thanks Markus!

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7

Thanks nanap!

8

Hi Alex, life got in the way and I am just getting back to doing this. :frowning:

Anyway, what are the exact coincashew instructions to sending the funds to my daedulus wallet? Ever since CoinCashew removed section numbers it’s not as easy to find information, IMO.

Thanks!

9

Hi,

Cheers,

10

Hi Alex, I have sent all ADA to my Daedalus wallet and I left 895 ADA in my pool.

I am following the CoinCashew guide “Retiring Your Stake Pool” and am at Step 2 “Calculate the current epoch”.

When I enter

startTimeGenesis=$(cat $NODE_HOME/shelley-genesis.json | jq -r .systemStart)

I get

cat: /home/cardano/cardano-my-node/shelley-genesis.json: No such file or directory

Sure enough, I do not see a shelley.genesis.json file in my cardano home directory. These are all the .json files I have in my directory:

ledger-state.json
mainnet-alonzo-genesis.json
mainnet-byron-genesis.json
mainnet-config.json
mainnet-shelley-genesis.json
mainnet-topology.json
params.json
poolMetaData.json

I’m not sure why I’m not showing shelley-genesis-.json file? Should I use the mainnet-shelley-genesis.json file instead?

Regards,
StuGazzO

11

Sorry…typo…I meant to say I do not see a shelley-genesis.json file

12

This one should be

13

That worked. Thanks Alex!

1 Like