Prime Stake Pool.
A Decentralized Cardano Staking Pool
Miner | Ethereum Validator | Cardano SPO | Crypto Blogger
Prime Stake Pool launched its operation in June 2020 in India and has been operating since mainnet launch.
In 2016, we started taking a keen interest in cryptocurrency and realized the power of blockchain. Blockchain DLT could fundamentally change the financial sector, making it more efficient, resilient and reliable.
So we started mining Ethereum by running a full node on a local computer. We believed in Ethereum, so we supported it by mining 24/7. Our belief turned into reality when Dapps and DeFi came into existence. With Ethereum shifting from POW to POS, we believe POS will be the next big thing in crypto and blockchain technology.
So after Ethereum, we also believe in Cardano. It is a decentralized staking coin. One can delegate as well as run a stake pool.
Who We Are
We are college friends who got separated by fortune but united by blockchain.
We graduated from the premier engineering institute in India. After college, we traveled our path to make our fortune, but the future headed nowhere. This was when we realized we must utilize our full potential to realize our dream. Our dream to create our startup. This was when blockchain DLT showed us the way. It is the "red pill' which kept us in wonderland and showed us how deep the rabbit hole goes.
We are all about the community. Our vision is to engage all ADA holders in securing the network by staking.
We help educate everyday users to make it easier for them to stake their ADA and help in securing the Cardano protocol.
We believe in giving back to society for the welfare of the lesser privileged. It is our moral obligation to do so.
Help NGOs through donations and sponsor their activities.
Promote financial inclusion by educating disadvantaged sections of society. Banking the unbanked in remote parts of India. Cardano could be used to offer financial services to many who don't have bank accounts but have internet access via mobile.
To support us in funding our projects. To support youths struggling to make their mark by encouraging them and funding their startup projects. Thus making life meaningful. In return, they can empower others, thus helping us to accomplish our vision. Support us in transforming our vision into action.
Three servers running on cloud VPS.
One block-producing Core node.
Two Relay nodes. We will be adding relays in different geographical locations to improve connectivity and availability.
OS: Ubuntu 20.04 (LTS) x64
SSD Disk: 320GB
Our servers are currently running in India and Frankfurt.
Trust and Security
Your staking rewards are safe with us. Our infrastructure is based on the cloud, protected with firewalls. The data centers we are using are protected 24/7 and we plan to run several relay nodes to further secure our stake pool.
We have chosen to have our stake pool on the cloud for security reasons, as we want your money to be safe, but also to make sure our pool is always up, for you to gain more staking rewards.
We are providing public ADA staking pools where you pay a small 1% fee to cover our server running cost.
We have chosen the fixed percentage fee, so we get some commission only when you have earned something, if not then no commission for us. So it’s a win-win scenario.
Delegate your stake to us, and we will pay you high rewards. It is risk-free to delegate your stake, and you will earn interest by simply holding your ADA.
Fixed fee (cost per epoch): 340 ₳
Pool margin fee: 1.00%
Our minimal fees ensure you are properly rewarded for placing your trust in our pool.
N.B.- Fixed fee (cost per epoch) is min mandatory fee as per IOHK.
Deep Industry Knowledge
We have gathered rich experience from various industry sector form core technical to the service sector.
The knowledge gained boosted our confidence to start our startup. We believe in innovation for any startup to survive in the long run. Managerial skills developed will help us to take strategic decisions in reaching the next level in staking service.
Years of Experience
Our invaluable years of experience taught us how to handle situations in difficult times to make projects sustainable.
We have committed to going a long way.
In-house Research and Development
We always strive for the best option to run our pool so that our delegators can maximize their return.
We are planning to host our server in-house in the future as running on the cloud is expensive. We have to invest in building proper infrastructure to run our stake pool 24/7.
We will implement a renewable energy power source which is environmentally sustainable. We will use solar energy as our primary power source to meet our power requirements to run the Cardano stake pool, Ethereum validator and a small GPU mining farm.
A proper power backup system along with reliable high-speed internet is essential so that we can guarantee our delegators 99.9% uptime.
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