Berch Pool is Retiring

The Berch Pool team has decided to retire our pool at the end of Epoch 451 on Dec 1. Our pool has only been able to survive this bear market with the delegation and support of @LiqwidFinance along with our core delegates who have been with us for nearly 3 years. When Liqwid’s governance proposal mandated pools drop their Min_Pool fee from 340A to 170A, it was no longer feasible to maintain this pool. We were never really profiting, we were treading water to not lose money. Now, we are back to losing money every money. We are proud of our pool, the #Ada4Oceans campaign bringing the first Cardano- themed beer to people, and thankful for all of the people we have met. We will still be active and remaining in Cardano…just not as BerchPool. Please support other SPOs as it is getting harder and harder for them, especially with this push to lower the pool fees. SPOs provide help and insight into the community and Cardano’s ecosystem as a whole. We have learned a lot and had a lot of fun, but not making money is vastly different from losing money every month. So after Epoch’s end on Dec 1, we will be retiring Berch Pool. Thanks- Bernie (@apshago) and Chris (@chrisnekvinda).