×
0.00%
fee
170ADA
fixed fee The fixed fee are refunded. Read more
66.94%
saturation
101kADA
pledge
2.94%
Est. return
472
delegators
1541
blocks
29.35M
total stake
Fee 0.00%
Fixed fee 170 ADA
The fixed fee are refunded. Read more
Saturation 66.94%
Pledge 101k ADA
Est. return 2.94%
Delegators 472
Blocks 1541
Total stake 29.35M ADA

The cheapest Cardano stake pool out there!

TECH pool is a bare-metal setup running on an ASUS PN51, powered by clean Norwegian hydro energy with one relay located in Sortland/Norway, TECH pool is maintained by an expert with ~10 years of experience in Linux OS server maintenance. Due to the minimal fixed fee of 170 ADA we are prohibided to set the pool fees any lower, we have therefore developed a custom software to automatically refund most of the fixed fee to the pool delegators (read more). The remaing pool fees will be split between server maintainace (67%) and donations to open source projects (33%).

Pool mission

We at TECH pool belives that open source projects deserves more credit, the truth is that open source projects are making the world a better place because of open source tools like e.g., Python and Tensorflow/PyTorch are used for cancer research, or Raspberry Pi used in education in Africa. Therefore, will we at TECH pool donate 33% of pool fees to open source projects, this could be projects like: Which projects that will receive donations will be voted on via the official TECH pool twitter account (@CardanoTech).

Donations

Date Foundation ADA USD
2021-11-03 Haskell Foundation 21 44
2021-12-20 Python Foundation 34 42
2022-01-21 CCVault.io 22 26
2022-03-07 Save the children - Ukraine crisis 83 66
2022-06-05 Ubuntu Foundation 84 48
2022-07-03 The Giving Block - Ukraine Humanitarian Relief 45 20
2022-10-02 PostgreSQL 150 64
2022-11-14 The Debian Project 93 30
2023-01-28 Raspberry Pi Foundation 101 39
2023-07-26 OpShin - A Python based SC language for Cardano 660 202

Refunds

It is not easy to attract delegators as a small pool operator and this is due to the minimum 170 ADA fixed fee and here is why.

The problem

At the time of writing (August 11th, 2024), the reward for minting a block on the Cardano blockchain is ~420 ADA and due to the minimum fixed fee of 170 ADA the actual pool fee per epoch with one minted block will be 40% (170/420*100). For stake pools big enough to mint e.g., 15 blocks per epoch the fixed fee will account for only ~3% in fees, but this will also require about 15M ADA in total stake, here is a plot that illustrates the impact of the fixed fee per August 11th, 2024. Actual pool fee with fixed fee

We at TECH pool belives that this is unfair for our delegators, so we have come up with a solution.

The solution

TECH pool will refund the fixed fee to its delegators. This can now be achieved because we have developed a Python based refund software that will automatically refund the fixed fee, delegators are not required to send their receiver address, all they need to do is stake with TECH pool and the refund will happen automatically when they receive the staking rewards.

How it works

The software will refund the fees proportional to the delegators stake, here is an example for a recalculated 3% fee with one block produced:

To refund: 640*0.97 - (640 - 340) = 320 ADA

Stake Refunded
Delegator 1: 100.000 ADA 94 ADA
Delegator 2: 40.000 ADA 38 ADA
Delegator 3: 200.000 ADA 188 ADA
Total: 340.000 ADA 320 ADA

Refunds that are less than 1.5 ADA will be accumulated, only once the total refund owed is above 1.5 ADA will the refund be sent. For example, if a delegator will on average receive 0.5 ADA per epoch, a refund of 1.5 ADA will be sent every third epoch. Paste your staking address (starts with 'stake...') below to find out what TECH Pool owes you in fee refunds.

PLEASE NOTE:
As the total stake of TECH Pool is currently 29.35M ADA, the total pool fee is currently below 3%, this means there will be no refunds. The refund mechanism will automacially get activated if the total stake drops below 15M ADA.

Refunds so far

Date Amount Receivers Transaction
2024-07-24 50 12 Cardano Explorer
2024-07-14 70 14 Cardano Explorer
2024-06-24 101 12 Cardano Explorer
2024-05-30 66 7 Cardano Explorer
2024-04-30 7 1 Cardano Explorer
2024-04-20 121 24 Cardano Explorer
2024-04-15 93 17 Cardano Explorer
2024-04-10 108 20 Cardano Explorer
2024-04-05 146 27 Cardano Explorer
2024-03-31 142 23 Cardano Explorer
2024-03-26 77 15 Cardano Explorer
2024-03-21 139 24 Cardano Explorer
2024-03-16 129 23 Cardano Explorer
2024-03-11 102 15 Cardano Explorer
2024-03-06 128 22 Cardano Explorer
2024-03-01 118 24 Cardano Explorer
2024-02-25 80 16 Cardano Explorer
2024-02-20 111 20 Cardano Explorer
2024-02-15 133 27 Cardano Explorer
2024-02-10 110 18 Cardano Explorer
2024-02-05 94 21 Cardano Explorer
2024-01-31 95 18 Cardano Explorer
2024-01-26 69 15 Cardano Explorer
2024-01-21 107 23 Cardano Explorer
2024-01-16 93 16 Cardano Explorer
2024-01-11 117 21 Cardano Explorer
2024-01-06 83 16 Cardano Explorer
2024-01-01 132 22 Cardano Explorer
2023-12-27 152 20 Cardano Explorer
2023-12-22 89 20 Cardano Explorer
2023-12-12 107 16 Cardano Explorer
2023-12-07 114 18 Cardano Explorer
2023-12-02 80 15 Cardano Explorer
2023-11-27 155 20 Cardano Explorer
2023-11-22 106 17 Cardano Explorer
2023-11-17 312 28 Cardano Explorer
2023-11-12 261 22 Cardano Explorer
2023-11-07 295 26 Cardano Explorer
2023-11-02 292 25 Cardano Explorer
2023-10-28 316 27 Cardano Explorer
2023-10-23 270 21 Cardano Explorer
2023-10-18 114 12 Cardano Explorer
2023-10-13 50 9 Cardano Explorer
2023-10-08 16 5 Cardano Explorer
2023-10-03 104 12 Cardano Explorer
2023-09-28 27 6 Cardano Explorer
2023-09-23 73 10 Cardano Explorer
2023-09-18 91 13 Cardano Explorer
2023-09-13 68 9 Cardano Explorer
2023-09-08 67 8 Cardano Explorer
2023-09-03 127 12 Cardano Explorer
2023-08-29 69 9 Cardano Explorer
2023-08-24 146 11 Cardano Explorer
2023-08-19 221 15 Cardano Explorer
2023-08-14 334 16 Cardano Explorer
2023-08-09 249 15 Cardano Explorer
2023-08-04 205 15 Cardano Explorer
2023-07-30 219 14 Cardano Explorer
2023-07-25 186 11 Cardano Explorer
2023-07-20 280 22 Cardano Explorer
2023-07-15 310 22 Cardano Explorer
2023-07-10 295 21 Cardano Explorer
2023-07-05 295 21 Cardano Explorer
2023-06-30 310 19 Cardano Explorer
2023-06-25 280 19 Cardano Explorer
2023-06-20 309 19 Cardano Explorer
2023-06-15 265 19 Cardano Explorer
2023-06-10 281 19 Cardano Explorer
2023-06-05 237 18 Cardano Explorer
2023-05-31 233 18 Cardano Explorer
2023-05-26 263 19 Cardano Explorer
2023-05-21 309 20 Cardano Explorer
2023-05-16 324 20 Cardano Explorer
2023-05-11 308 19 Cardano Explorer
2023-05-06 307 19 Cardano Explorer
2023-05-01 260 18 Cardano Explorer
2023-04-26 260 18 Cardano Explorer
2023-04-21 258 18 Cardano Explorer
2023-04-16 323 19 Cardano Explorer
2023-04-11 273 18 Cardano Explorer
2023-04-06 289 18 Cardano Explorer
2023-04-01 240 17 Cardano Explorer
2023-03-27 306 19 Cardano Explorer
2023-03-22 288 17 Cardano Explorer
2023-03-17 271 16 Cardano Explorer
2023-03-12 322 17 Cardano Explorer
2023-03-07 287 16 Cardano Explorer
2023-03-02 287 16 Cardano Explorer
2023-02-25 322 16 Cardano Explorer
2023-02-20 217 14 Cardano Explorer
2023-02-10 251 15 Cardano Explorer
2023-02-05 304 16 Cardano Explorer
2023-01-31 321 16 Cardano Explorer
2023-01-26 304 17 Cardano Explorer
2023-01-16 288 15 Cardano Explorer
2023-01-11 305 16 Cardano Explorer
2023-01-06 288 16 Cardano Explorer
2023-01-01 286 16 Cardano Explorer
2022-12-27 304 17 Cardano Explorer
2022-12-22 321 17 Cardano Explorer
2022-12-17 321 17 Cardano Explorer
2022-12-12 303 16 Cardano Explorer
2022-12-07 268 16 Cardano Explorer
2022-12-02 303 16 Cardano Explorer
2022-11-27 321 16 Cardano Explorer
2022-11-22 321 16 Cardano Explorer
2022-11-17 285 15 Cardano Explorer
2022-11-12 321 16 Cardano Explorer
2022-11-07 303 15 Cardano Explorer
2022-11-02 303 16 Cardano Explorer
2022-10-28 284 14 Cardano Explorer
2022-10-23 284 14 Cardano Explorer
2022-10-18 266 15 Cardano Explorer
2022-10-08 266 15 Cardano Explorer
2022-10-03 321 16 Cardano Explorer
2022-09-28 320 16 Cardano Explorer
2022-09-23 265 14 Cardano Explorer
2022-09-18 284 15 Cardano Explorer
2022-09-13 302 15 Cardano Explorer
2022-09-08 284 14 Cardano Explorer
2022-09-03 321 15 Cardano Explorer
2022-08-29 284 14 Cardano Explorer
2022-08-24 302 14 Cardano Explorer
2022-08-09 321 15 Cardano Explorer
2022-07-25 321 15 Cardano Explorer
2022-07-20 321 14 Cardano Explorer
2022-07-15 321 12 Cardano Explorer
2022-07-05 302 10 Cardano Explorer
2022-06-20 283 9 Cardano Explorer
2022-06-15 302 10 Cardano Explorer
2022-06-10 301 11 Cardano Explorer
2022-05-31 321 11 Cardano Explorer
2022-05-26 321 11 Cardano Explorer
2022-05-11 261 9 Cardano Explorer
2022-04-21 320 11 Cardano Explorer
2022-04-16 320 10 Cardano Explorer
2022-04-11 320 10 Cardano Explorer
2022-03-17 321 10 Cardano Explorer
2022-03-12 321 10 Cardano Explorer
2022-03-07 321 10 Cardano Explorer
2022-03-02 321 10 Cardano Explorer
2022-02-25 321 9 Cardano Explorer
2022-02-10 320 9 Cardano Explorer
2022-02-05 301 8 Cardano Explorer
2022-01-26 320 7 Cardano Explorer
2022-01-16 320 6 Cardano Explorer
2022-01-06 320 6 Cardano Explorer
2021-12-27 300 6 Cardano Explorer
2021-12-17 320 7 Cardano Explorer
2021-11-27 320 6 Cardano Explorer
2021-11-22 319 6 Cardano Explorer
2021-11-17 319 6 Cardano Explorer
2021-11-07 320 5 Cardano Explorer
2021-11-02 320 4 Cardano Explorer
2021-10-23 298 5 Cardano Explorer
2021-10-08 319 6 Cardano Explorer
2021-09-23 340 7 Cardano Explorer
2021-09-18 340 7 Cardano Explorer
2021-09-13 340 8 Cardano Explorer
2021-09-03 340 5
2021-08-24 340 3
2021-08-19 297 3
2021-08-14 318 3

About

About TECH Pool

TECH pool is running on a ASUS PN51 (4 core, 32 GB RAM), a low-power computer drawing less than 45W of power - less than the power consumtion as a non-LED light bulb. TECH pool utilizes one relay, located in Sortland/Norway, the relay is rented trough a Norwegian VPS provider (www.deploi.no). By running both stake pool and relay in Norway we assure that (i) the whole TECH pool infrastructure is powered by 100% renable energy like hydro or wind and (ii) we aid the decetralization of the Cardano blockchain by avoiding popular VPS service like Amazon AWS or DigitalOcean. This infrastructure has prooven reliable as the pool has been online ready to mint blocks 24/7 since its deployment in 15th of April 2021.

For any questions you can contact us on X or Discord.

About me

My name is Bjarne, I entered the Cardano community in January 2018 and been active in the ever since. I have both a Bachelors- and Masters degree in computer science, and currently employed as a scientist working on data analysis using machine learning and sustaianble solutions for food cultivation. I am a TECH entusiast - I love to invent, build and develop usefull solutions that utilizes new and interesting technology, my hobbies include, developing and programming, skiing, mountain hiking and speedriding.