[PATI⏳] Patience 辛抱
Patience Cardano Stake Pool
Happy to announce we are scheduled for 5 blocks this epoch, putting our luck at 150%!
In other news we are all set up for the Mary HFC event which is coming to mainnet very soon now. Our servers have been upgraded and on the newest node version for some time now. With the advent of native assets we will just be starting to open up the potential of the Cardano network, so very exciting times are ahead!
Stay safe and good luck everyone! 🍀 💚
Well, we got unlucky this time. PATI is scheduled for a mere 1 block in 249. It happens, this puts our epoch luck around 30%, which should make it a pretty uncommon occurance. It does at least demonstrate that we are getting blocks reliably every epoch with our stake level.
Remember the entire process is random. If you check our pooltool metrics page you will see that a 200% luck epoch (6+ blocks) has approximately a 10% chance (the red bar) of occuring. Fortunes can shift dramatically on the low end of saturation. A growing pool in our stake range converges on 5% ROI over time, so you don't lose anything with us and gain opportunities at months like our last one where the 30 day trend peaked around 8% annualized.
Good luck to everyone!
Epoch 248 update:
We have gained a couple new stake addresses and the IOG stake is doing its job as we are scheduled for another 3 blocks in epoch 248. This is still slightly short of being our ideal, which means we got ever so slightly unlucky again. Rewards should be typical of an average pool. Remember though, it only takes one or two extra blocks for our luck to boost anywhere from 33%-66% :)
Happy 248th and good luck to everyone in the ecosystem. 🍀🧱
Epoch 247 update:
I am happy to announce we are scheduled for 3 blocks in epoch 247. IOG stake is going active, and this is approximately 100% luck right now so rewards will be similar to other pools. For comparison purposes, one additional assigned slot would have increased luck to around 133%, meaning we are still small enough to have some significantly high yield epochs. In any event, blocks are always welcome! Cheers everyone! 🍀
Hello again! A pleasant surprise tonight as we have just confirmed IOG's 3.2m delegation to our pool and numerous other cohort pools is being registered tonight! This brings our total live stake to around 4 million. This stake will start taking effect after a short period of time passes and it transitions into becoming active, after which we should be minting regularly and building a larger performance history.
This stake will remain on all cohort pools for three months, after which there will be another round of applications for this support. Congratulations to all of our fellow cohorts and the community at large! This move will impact many pool operations and can only help further our decentralization as we progress into the exciting events of 2021.
Hello community! Writing an update to inform you that we have moved one of our relay nodes out of the USA to South Korea to both aid in our global block propagation capability as well as support further decentralization of the network. As usual thank you for your support!
Epoch 245 update:
Small notice, unfortunately we were not elected for any blocks again this epoch. However, on the positive side, we will be receiving 3.2m in delegation sometime around the end of next week according to IOG correspondence. This delegation will remain on our pool for 3 months, at which point we will determine whether to reapply or not depending on if we are able to successfully garner more support. You can expect much more regular block production for all of the pools in the cohort including ours, see announcement link below for details. Have a great epoch!
Epoch 244 update:
Quick update today, we have not been elected for any blocks in the upcoming epoch 244. We've been lucky recently so this isn't all that surprising, though the odds remained the same as the selection process is randomized without any historical biases. We will see you in the next epoch!
IOG Delegation Update:
I am happy to announce our pool was among 100 community pools to be selected for three months of 3.2m IOG Ada delegation! This will occur near the end of Jan. / start of Feb. The effects will result in steady block production every epoch, and thus more rewards assurance for public delegates. This will also give us a chance to prove our minting capability and climb in the wallet ranks which should help attract more delegation so that we do not require a second application to this program.
The delegation size is small enough that rewards for public stake should be minimally impacted and you can expect blocks to be made in most epochs barring any incredibly bad slot lottery luck.
Overall this is great news and means that you have an opportunity to gain higher ROI with a number of small pools for a time! You can find the list of pools and read more about this initiative here. This will also provide us with an extra incentive to reinvest both time and other resources into the future of our operation. Thank you to IOG and everyone who has helped us get this far! 💚