How to earn with Helium Miner

“People-Powered Networks. Start a Wireless Revolution.” This is the slogan of Helium.

Helium is a blockchain-based network for IoT (Internet of Things) devices that uses Helium Hotspots to connect wireless devices to the network.

As a private person you can connect a Helium Hotspot to the Internet to provide connectivity for these IoT devices and you will  earn HNT tokens, according the Helium Proof of Coverage consensus.

As the need for the Internet of Things is growing exponentially I do not want to miss this opportunity.

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Blockchain based network for  IoT devices. Use case examples, like cat finder, lime scooter localization.

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Earn HNT tokens with providing IoT connectivity according Proof  of Coverage.

Helium Hotspot Miner

% earnings in 2021

% in addition with Staking

My research to this crypto project

I did my research in May 2021. I am working in the telecom sector, so this was a exciting project to invest in. I started first just to buy HNT token and to hold it (not selling). I bought it on Binance as I get there staking rewards. I wanted to buy a HNT Hotspot Miner, but I was long time not able to get one, as they are sold old. Finally I got one and I am satisfied, how it works.

 

What problem solves this crypto project

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A worldwide network for IoT (Internet of things) devices.

Crypto project landing page

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Very professional created Helium.com website. All needed information is written there.

Product description is clear.

Mine Crypto Helium (HNT) is described.

Staking with a validator is described.

Tokenomics is described.

Ecosystem and use cases are described.

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Crypto white paper

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Under docs.helium.com all needed detailed stuff is described.

White paper is documented here http://whitepaper.helium.com . It is very technical and I did not spent enought time, to really understand it in more detail.

Marked capitalization and growth rate

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The market capitalization is huge, several billions. New Hotspot growing rate is high, see below under statistics.

The team and developers behind

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The board of advisor with founding knowledge is quite big.

Funding

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See the list on the helium homepage.

Tokenomics

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So far the HNT token you get is still profitable to provide a Helium miner.

Can I stake it?

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Yes, but I would need to run my own validator. This is for me to expensive and time consuming, so I do not do it.

How do I earn HNT tokens

I have a Helium Bobcat Miner at my home which is providing coverage for the Helium network.

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Proof of Coverage

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transfer data

Helium Statistics

To see my own hotspot coverage and HNT earnings I use hotspotty on desktop browser or on my mobile app.

    20. Jan 2022 @ home1

    Desktop Browser
      app.hotspotty.net

      20. Jan 2022 @ home1

      Mobile Helium Hotspot App (IOS,Android)

        23. Jan 2022 
          explorer.helium.com

          Summary

          The earning so far is quite good with the Helium Hotspot Miner. So I ordered some more devices, to be placed in friends places. But waiting time is quite long (several month)

          As I do get more devices, I will document them on this page.

          helium.com

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