I come bearing sad news today that the Space Pool team has decided to cease pool operations on Nov 15th 2024. We love this community and very much enjoyed providing and maintaining the pooling service over the last three years, however, the simple reality is that the economics haven’t worked in our favor for most of this year. In fact, we were paying out of pocket these last few months to keep the lights on while looking for alternate funding sources without avail. The timeline for our shutdown process will be as follows:
Before Nov 15th 2024
Pool continues operating exactly as is without change
Please find an alternative pool or switch to self-pooling during this time
Nov 15th 2024
Pool will stop claiming and distributing pooling rewards after this date
Any blocks farmers win after this date can be claimed via self-pooling if their PlotNFT was still assigned to Space Pool
Nov 30th 2024
All farmers who meet the following criteria will be gradually paid out by this date:
Had farming activity within the last 180 days
Has had at least one payout historically
No minimum balance needed - any remaining balance will be paid out
Please download your farming stats and any CSV exports by this date if you wish to retain them
December 2024
pool.space and xch.space websites and mobile apps will be decommissioned.
I used Foxy when I was farming. It was great, very informative and easy to use. But even they are down to ~144PB. How long will they last is anyone’s guess. Rome is crumbling before our eyes!
WOW… I was preparing to shut down my farm, I just had not decided on a date yet… I guess one has been picked for me… I learned a lot, expensive lessons though… Good luck all other Chia farmers… R.I.P. Chia…
IF the plot is a NFT plot (if you’re already using it on a pool, it is NFT), it can be used on any other pool except NoSSD (they have a proprietary plot format).