I believe it was somewhere around May 2020, after I watched an episode of the Crypto Crow on YouTube, when I got first excited about Cardano. I immediately understood that this would be a game changer in crypto tech so I started learning more about it. While gaining knowledge my enthusiasm grew and I at some point, in November, I decided I wanted to be a part of the Cardano revolution. I was going to build my own pool.
For the past 25 years I have been working as a professional devops engineer for large financial corporations. Designing, building and operating large complex networks had been my bread and butter ever since, and coming from a technical background definitely made it a lot easier for me to setup my own stakepool. From the start I designed my stakepool with security, stability and flexibility as the cornerstones. The pool consists of 4 servers. All of them are virtual nodes, located in a datacenter in Amsterdam and run in a backup schedule. This allows me to deploy a new machine in matter of minutes, when needed. Only the 2 relay nodes are accessible from the outside world, and only when it concerns traffic from the Cardano network. The block producer is only accessible through the local network and only ‘talks’ with the two relay nodes. All operational work is done with the use of a stepping stone, which allows me to log on to the local network using a VPN tunnel. The VPN server is secured with a public key infrastructure and the firewall is configured to drop any traffic other than described earlier.
While I was setting up the pool I realized that it made absolutely no sense to just create a pool without thinking of a mission. Where do I want to go? What do I wish to accomplish? Why should people stake with me? Would I even stake with myself? To me these are all important questions that demonstrate one common aspect of a Cardano stakepool: integrity! Without integrity there can be no trust and without trust no people will stake with me. I know I wouldn’t so I started thinking about what I could add to the Cardano community without copying another pool, and without trying to be somebody I’m not. My strength lies in my enthusiasm, dedication and my technical knowledge and experience. This is where I can add to the community. Helping others by providing knowledge about Cardano. Spreading the word, not only about how great Cardano is, but also why I think it’s so great. Thinking out new projects and developing them. Investing in the ecosystem and above all .. I hope I can excite others about Cardano, the way I got excited. IOHK has been working hard the past years to lay down a solid foundation and it’s up for the Cardano community to help make mass adoption become a fact. That’s my mission and I’m hoping to do this together with you. By staking with me you will not only be helping me grow the ADA house to a sustainable stakepool but you’ll also be actively investing in the Cardano ecosystem. All returns will be reinvested in the pool so the more blocks we will be producing together the more will be invested in the ecosystem. Above all: Staking costs nothing and your ADA tokens will never leave your wallet.
The ADA house currently runs at 50k pledge. This will increase over time but the speed in which this will happen depends on the number of blocks that are produced. The pool has a minimum fixed fee of 340 ADA per block and 0% margin fee. Because I’m currently persuading delegators to help me grow the pool I decided to invest, to make it more appealing. Every epoch I will choose one random delegator who I will send 340 ADA if two or more blocks have been produced during that timeframe, as a bonus on top of the normal rewards. So please join my pool! [ticker ADAHS]