[Pool Update] Epoch 248

Hey people! 🙂

Hope you are all doing well. I know I do and so does the pool. So let’s dive right into this pool update.

Planting some trees

We know that PoS uses far less energy than PoW and is clearly superior in this regard. Nevertheless, its not completely emission free. As I do think that environmental protection is one of the most desirable goals of our time, I decided to start donating money to support projects in their fight against the climate change and polution of our earth. I started by donating to plant a total of 150 trees spread over five different countries all over africa. It may be a small step, but together we can make a difference and every single contribution counts.

This was just a humble beginning, but I will continue to donate at irregular intervals to various projects that I find worthy to support. Feel free to write me if you have any great projects for me that I should look into. I am happy to hear about them.

If you also want to participate just start watching the following video about plant for the planet and the trillion tree campaign:

Want to start right away? Check out their homepage: https://a.plant-for-the-planet.org/

How to mine Crypto in 2021

A small new video from IOHK on mining crypto in 2021 has gone online. I think most of you will know about this of course, but if you have someone who is interested, this video is a quick way to bring them up to speed.

New Blogpost about Project Catalyst

Read through the following post (or just listen to it via the audio file provided on the blog) to get the latest updates on Project Catalyst: Our million-dolar baby: Project Catalyst

Performance for 247

| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
| 6      | 4.95  | 121.21% | 5       | 5         | 0      | 0       | 1      | 0       |

In epoch 247 we produced 6 blocks but only 5 were actually adopted. That means we still produced every assigned block but ran into a slot battle. For those of you that do not know what that is: A slot battle can occur if two pools are eligible to produce a block for the exact same slot. In epoch 247 that was the case for block 249933. At the end only one block can make it to the chain and the other one will be orphaned. Which of the produced blocks actually makes it to the chain is chosen randomly. This time we we’re unlucky and the other pool was chosen to make the block. Nevertheless, we have a luck of ~102% for that epoch and are perfectly within the ideal number of produced blocks.

Assigned Slots for 248

| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
| 19     | 19.9  | 95.48% | 0       | 0         | 0      | 0       | 0      | 0       |

248 is the epoch where a new big delegations becomes active. We will therefore produce more blocks in this epoch than ever before. We are looking for 19 Blocks, which will bring us to ~95% luck. More overall stake means more stable rewards and lesser impact of the fixed fee on every delegators rewards. So I’m very happy to see this increase in delegation.

Really glad for each and everyone one who decided to stake with me! Big thanks to all of you.

That’s all for now. Talk to you soon 🙂