Welcome to LOCO ADA

OUR COMMITMENT TO DELEGATORS

We promise to do everything in our power to keep our stake pool up and running 24/7.

We follow industry standard best security practices to help mitigate risk and we are always looking for ways to improve performance and monitoring.

We will provide detailed progress, performance and status updates in our 'LOCO UPDATES' section below.

We will answer all questions honestly and promptly.

We pledge to only run one single pool and support pushing the decentralization and real world value of Cardano to the limit.


       
We are a proud member of the Bare Metal Alliance and the Single Pool Alliance. We believe both alliances are extremely important in sustaining the true decentralization of the Cardano network.

Our Pool ID:  
All systems GO, but we need your support. Your support keeps operators engaged and helps the Cardano ecosystem. Please help us turn our stake green by delegating now!
✓ Relay One  ✓ Relay Two  ✓ Block Producer  ✓ Network  ✓ 24/7 Monitoring  ✗ Stake 
LOCO is a bare metal Cardano stake pool powered by Dell PowerEdge servers running ubuntu over at&t fiber. No part of the stake pool is hosted in the cloud and all unnecessary ports are closed, including ssh.

DELEGATOR NEWS

Welcome to epoch 233!
December 1st - December 6th - 21:45 UTC
Epoch ends in approximately 1 day 7 hours 48 minutes

Currently, only 62% of the blocks are produced by stake pools.

Active Stake: 264k
Live Stake: 349k

We minted our most recent block in epoch 229 bringing our lifetime total to 9.

The CNCLI tool is saying we have a shot at lifetime block #10 next epoch! That would be a great early Christmas gift.

Epoch 234: We have a chance at a block!
Epoch 229: blocks 4955422, 4957722 - ROS: 11.80%
Epoch 225: block 4866278 - ROS: 11.22%
Epoch 218: block 4719179 - ROS: 42.65%
Epoch 216: blocks 4663457, 4670770 and 4674262 - ROS: 30.58%
Epoch 215: block 4643623 - ROS: 8.26%
Epoch 212: block 4584799
For the foreseeable future, all stake pool profits will be added to our pledge in an effort to attract more delegators and improve pool performance. With that promise, we increased our pledge from 12.7k to 13.15k on November 1st.

Please visit our  page for a full epoch schedule with block information.

It's true that smaller stake pools will not be assigned as many slots and thus mint less blocks than larger pools.
It's also true that a smaller pool may not get a single block during the epoch and therfore you will receive zero rewards.
Please realize that some luck is involved for any pool to mint a block, but over time things should even out.
Keep in mind that when LOCO does mint a block, nearly all the rewards will be spread across the small number of delegators.

We have had returns on stake (ROS) of 11.80%, 11.22%, 42.65%, 30.58% and 8.26%, small pools can produce huge rewards if you give us a chance!

Our pool costs are set to the minimum of 340 ADA and the margin has been permanently lowered to 1%. Our costs are low and our pool is 100% sustainable at 1%.

KNOW YOUR SPO

If you are a delegator or potential delegator, it's important to make sure your stake pool operator (SPO) has the skills necessary to run a pool in a professional manner.
Please visit our  page for more information.

LOCO UPDATES



12/05/2020 - Upgraded CNCLI to the latest version, no pool downtime and no blocks missed.

12/04/2020 - Applied latest security patches yesterday, minimal pool downtime and no blocks missed.

12/01/2020 - Welcome to epoch 233! All systems Go! We updated the site for the epoch switch. We are still seeking lifetime block #10 this epoch...



EDUCATION CENTER

   

If you stake your ADA with LOCO, you could earn a return on your investment.
Cardano addresses have separate keys for spending and staking.
If you decide to stake your ADA tokens, they will never leave your wallet.
Your tokens are not locked, you can spend your tokens at any time.
Your ADA is never at risk when you delegate.
You always remain in control of your funds.
The worst case scenario is a pool does not generate rewards.
  • For delegated stake to become Active stake it takes the current epoch + 1 full epoch.
  • For example, stake delegated during epoch 212 will not be part of Active stake until the beginning of epoch 214.
  • This is why it might make sense to wait until near the end of the current epoch to switch pools.
  • There is no advantage to switching pools in the middle of the epoch.
  • If the pool you are staking with out performs expectations near the end of the epoch, you may change your mind and not want to leave the pool.
  • If you are staking with LOCO and change pools now, you will still earn rewards with LOCO until your stake is active in your new pool.

OUR FIRST BLOCK

  We minted our first block ever in epoch 212.
This was a very exciting moment as it confirmed our system is setup correctly and is well connected to other nodes in the network. All the hard work we put into setting up the stake pool and network paid off.

Block: 4584799
Epoch: 212
Slot: 171899
Time: August 20th 2020, 4:29:50 pm
Hash: feac048d276578f3e92cfeb1a42ec7703f88aa031582e84a115ea0fff54c8ad7
Size: 316
Tx Count: 1



THE CURRENT STATE OF THINGS

Only a small percentage of blocks are produced by the stake pools right now.
This is a tough time for all small pools, but my hope is there are delegators that share the original Cardano vision.
The promise of Cardano is the banking of the unbanked, a system for all.
A vision where all have a fair, fighting chance.
That vision should include Cardano Stake Pool Operators!
LOCO is seeking delegators that want to be part of smaller pools now and grow with them over the epochs to come.
We are committed to never running more than a single stake pool and support true decentralization of the Cardano network.
A good stake pool is one that stays up and running 24/7, is well connected to the network and is available to mint blocks when called upon. It's really that simple.

24/7 MONITORING

24/7 monitoring is essential for any professionally run, reliable stake pool. Our servers are listed above with a green ✓ or red ✗ status that is automatically updated every 5 minutes. Click this green button anytime to peak in on our stake pool's status. We keep track of the time, previous block height and current block height. If block height stops increasing or the time since the last reported height is more then 5 minutes, our monitoring software will send us a priority 'pool alert' email. When a pool alert occurs, a loud 'warning' sound also plays through a speaker every 10 seconds until dismissed. The warning is loud enough to wake us in the middle of the night if needed! We also report block height to .  Click the blue button and look for the green 'Height' box on PoolTool.

BACKUP GENERATOR

We believe it's important to have a backup generator during those rare times we lose power. Our fiber internet connection enters our building from the box outside and directly connects to our router inside, no switches or hubs in between. We have a Honda EU2200i backup generator that powers our main relay, block producer, monitor and router in the event of a power outage. Our generator provides 1800 running watts of power and the total estimated power needed to run our pool during a power outage is 1155 watts: (2) Dell servers: 550 watts each, (1) Fiber Router: 20 watts and (1) LCD Monitor: 35 Watts. Our generator provides us with plenty of additional power, above that being used to host the pool, for lighting and other accessories.

BACKUPS/STANDBY SERVERS

Our pool is simple and consists of 2 relays, a block producer and a fiber router. We perform weekly backups of all 3 servers. We also have warm standby servers ready to go in the event of a hardware failure. Before performing any maintenance on our stake pool we check the Leader Logs to make sure we will not miss a block.

OUR RELAYS

If you operate a Cardano stake pool, please consider adding our relays to your topology.

{"addr": "76.255.14.154", "port": 3005, "valency": 1}

{"addr": "76.255.14.156", "port": 3005, "valency": 1}



All opinions are our own and do not constitute financial advice in any way whatsoever.
Nothing published by us constitutes an investment recommendation.
We strongly recommend you perform your own independent research before making any financial decisions.

TECH LINKS

Setup/Tech: CNTools |  CNCLI |  KES Period |  Install Cardano Node |  Stake Pool School |  Configs |  MainNet Relays |  Ports | 

Tools: Cabal |  Libsodium |  Haskell | 

Forums: News/Announcements |  Operating a Stake Pool |  Staking/Delegation |  Stake Pool Introductions | 

Explorers: adafolio |  PoolTool.io |  ADAPools.org |  pool.pm |  explorer.cardano.org |  ADAScan.net |  Cardanoscan.io | 


  Please consider staking your ADA with a smaller stake pool now, we need your help!

Your support keeps operators engaged and helps the Cardano ecosystem.

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