MY HELIUM ADVENTURE KEEPS ON GOING
I have to say this year 2021 I did venture into helium token. It has been the easiest passive income token I ever involved in. I have written many posts about how I did for this year. At first like I mentioned I have to wait an eternity to acquire the miners. Finally after a long couple months they did arrive. Rapidly I did put one to work and the second one after a while. Participating in the helium mining is straight forward and easy to do. Here is one of the post I wrote.
Do not get me wrong I did withdraw my helium. Guess what I did. I purchase Hive, Leo with the funds. So far I did pull 40 HNT out of the two miners since mining. I have to say I did get my money back fair and square. I have to wait for a while but I did get it back.
I do have 24 and going HNT waiting to be withdraw. Since the price lost its steam from high $50+ all the way down to $28 I am waiting. With two miners I am pulling daily almost 0.3 HNT. It varies from day to day. One day I did get one HNT. It was a surprise. The part I like you set and leave alone. All I do regularly, check my phone to see my balance.
I am willing to leave them there till the price rises again.
I made a mistake the last time I withdraw. I did withdraw the whole thing in the wallet. The system stopped mining. As you can see I have to add 1.44 HNT to pay for the fees and reboot both miners. Next time I will sell a portion and keep a portion to run the miners.
This area by January 2021 only had four miners. By December 2021 you can see how widespread it is. I think people see value and they run after it. Even when I receive my miners in late march, people started to connect their miners. It is pretty much straightforward to invest in Helium. When you go to the website you could see the progress of the team. You can see all the miners you can purchase.
There are many folks selling them in Amazon or other websites way above the price from the site. I am not sure if they are legit or scam. Do your homework if you want to buy from offerup. Sometimes it is preferable to wait instead of getting it from a third party. I am still thinking of getting two more. that way I can be sure of earning one Helium daily. As you can see location is prime with the miners.
Due to privacy they changed how you perceive the location of a miner. Instead of a dot to the location, they use a hexagonal space where the miner should be located. There are still open space near my miner and a friend lives nearby. Perfectly each miner should position 300 meters away from each other. If you see a hexagonal space with 3,4 miners, most likely they do not challenge or witness each other.
My miners are witnessing 4 to 6 other miners daily. Crowded is good but sharing the same space diminish your ability to earn fully. At least this is passive income and gearing to widespread the Helium network in the area. You will get something at the end of the day. Some folks purchased a higher dbi antenna and focus the range to one specific area. It pays dividend when you do it right. This is an extra cost on top of the miner value.
If you leave in the US, China, Europe it is widespread. I see a lot of opportunity in South America, Africa. Some other parts of the world, folks do live sparsely, so it will be hard to see growth in the network. You need more than one Helium in a area to fully benefit the system. If you can have a group invest in one area, it maybe beneficial for everyone instead of riding alone. You need to have internet just to send data to your phone and to the helium network. It does not affect your bandwidth or your speed since Helium is trying to build the same thing your internet is doing.
Right now if you want to purchase from the manufacturer a miner, be ready for the long wait. Everybody is looking for one, two , three, four. Some brands you have to wait for Q2 of 2022 for delivery. After all they claim it is the people network. If you have patience, give it a try and earn some crypto.
Posted Using LeoFinance Beta
