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.
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.
- Send funds to another wallet (keep 1 ADA) - optional
- Retire the pool
- Withdraw the 500 ADA
- De-register the wallet to receive back 2 ADA
- Send all funds to another wallet
Yes, I used coincashew. As always, thanks Alex!
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;)