Pool launch: Aug. 2021
Fixed fee: 340 ADA (min.)
Variable fee: 0%* (min.)
Pledge: 10'000 ADA
*: 0.5% when stake >1m ADA, 1% when stake >2m ADA
Epoch 368: Start of Payback Plan
Starting in Epoch 368, Renew Pool will pay back a part of the fixed pool fee of 340 ADA per epoch to delegators, to increase delegator ROI (Return on Investment). This is to promote the pool until regular rewards are granted by a total pool stake of about 1-2 mADA.
Read more here: renewpool.ch/payback-plan
Posted by Pool operator on 15. Oktober 2022
One year review
Renew Pool is now running for more than one year. The following has been accomplished in this first year:
Running always the latest cardano-node software, currently version 1.35.3
The project ILUMES in which recycled ABS plastic is used to 3D-print large scale ceiling lamp shades has made some progress. Renew Pool is collaborating with ILUMES - and with your stake to Renew Pool you support this progress! See the following video for details:
The pool has reached a big milestone in 2022: Total delegation > 100'000 ADA. Thanks to all delegators the chance to produce blocks increased a lot! There is of course still a long way to go to reach millions which would ensure a constant block production every epoch.
On a side note the software was updated to cardano-node 1.33.0 which runs very smooth as usual.
Posted by Pool operator on 11. Februar 2022
2nd Update November 2021
Short update about what has happend with RENEW pool in november:
First pool's block produced this month! Finally RENEW has contributed to this awesome network! Rewards have been paid out to all our delegators.
All nodes have been updated to the newest cardano-node software 1.31.0 which runs flawless!
Posted by Pool operator on 26. November 2021
Update October / November 2021
An important milestone has been reached: Cardano pool RENEW is now at >25k ADA stake, more precisely at >26k ADA. This is important to have a real chance at block production.
The next step is to not only have a chance at block production but hopefully to perform block production on a regular basis.
A big thank you to all delegators that support RENEW pool!
During October we have rolled out the update to Cardano node version 1.30.1 which was released at the end of September.
Posted by Pool operator on 01. November 2021
Update September 2021
At the start of this month prior to the smart contract launch ("Alonzo hard fork") on Cardano, all nodes of RENEW pool were updated to Cardano 1.29.0 after 1 week of prior testing. At the same time, RAM was updated to >=12 GB for all relays and block producer.
Renew Pool is now also a proud member of xSPO Alliance and Cardano Bare Metal Alliance!
Posted by Pool operator on 15. September 2021
Pledge 10k ADA, margin 0%, 2nd relay online
I'm glad to announce this weeks changes to RENEW pool:
Pledge increased from 3k ADA to 10k ADA
Margin ("variable fee") changed from 1.5% to 0%: Will be increased again to 0.5% when hitting 1m ADA and to 1% when hitting 2m ADA
2nd (private, not public) relay ready/online: Ready for testing cardano-node 1.29.0 before upgrading block producer and public relay
Posted by Pool operator on 29. August 2021
RENEW Cardano Stake Pool launched
The Cardano (ADA) Stake Pool "Renew Pool" (ticker: "RENEW") based in Switzerland started its operation. Surplus from pool earnings will be used to support projects in renewable energies and recycled materials.
Current & past projects include:
Installation of photovoltaic power plants
3D-printing with 100% recycled plastics
Research & development in the field of using Lithium-ion cells from recycled bicycle batteries for home energy storage applications