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Cardano Stake Pool Update: Epoch 225

Epoch 225 is here and in this cycle there are a few things I am getting set up for STOIC Pool to attract more delegation and start earning some rewards!

Pledge Updates

I was planning on Updating my pledge for this epoch, however because of some trouble I had with my ADA purchase (details below) I was unable to get it into the pool wallet in time to update the pledge, so it is now just sitting as stake for this epoch.

Uphold App

I bought some ADA on Uphold, because you can, and so I thought I would test it out. I thought it would be interesting to buy here on my phone instead of depositing in Binance and converting from Bitcoin. I was obviously hoping that this would save me a bit in costs

It was a disaster!

You can’t transfer your ADA off Uphold, it isn’t supported. You can only buy and sell. So what I did was 

Retired Stake Pools

It has been a sad Epoch because a few of the Stake Pool Operators whom I have spoken with in the SPO Telegram channel and various other places, have announced that they are retiring their pools.

This is such a shame to hear because I am in this ecosystem to see it succeed, and to hear that some people cannot continue to support a something they care about.

There is obviously a cost to running a stake pool, financial and time, and I am here for the long run!

I have already covered the cost of the pool and everything that goes with it, for an entire year, so we will not be going anywhere any time soon!

That’s All For Epoch 225

Don’t forget to subscribe to my YouTube Channel for all of the latest updates, and of course, DELEGATE TO STOIC by clicking the button below!