Epoch 259

Statistics for Epoch 259

Estimated number of blocks : 5.7

Block Allocated : 9

Blocks Produced : 9

Luck* : 157%

Blocks Predicted for the Next Epoch: 6

A good epoch with all blocks allocated to the pool produced and an above average return for delegators. For the next epoch we have six blocks allocated which is about what we expect.

So this epoch after ensure we were producing blocks with the new update to the node (software that runs the blockchain and produces allocated blocks resulting in delegation rewards) we updated the KES keys which needs doing approximately every 3 months. Again after doing this we monitored to ensure we made the next block allocated to us to ensure there were no issues with the generation of the new key. Everything went smoothly and there were no problems. Other than this it was a quiet epoch.

We continue to lose delegators after we had a few lean epochs with the lottery but in the last few epochs we have been above average but it takes time to attract new delegation. It seems to be a lot easier to loose delegators than attract new but there are a lot of pools out there offering good services so this is understandable.

Well we will return at the end of the next epoch with our update so until then keep safe and happy staking!!!

* – Blocks are allocated randomly each epoch based upon total stake a pool has just like a lottery. Luck refers to how many blocks were allocated to a pool against the expected blocks that the pools should produce. Some epochs (5 day periods) you will be allocated more blocks and some less but over time it should even out.