Most profitable helium miner reddit. Whales get everything.
Most profitable helium miner reddit These areas will be the most profitable. Reply reply m3l0n For most the last year, Raptoreum was the clear leader in profitability. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. I realize this could get lengthy, but if you could just point me in the right direction and give feedback if it’s worth it (hear minters complaining since the $5 plan, so please share. My rig is losing about a dollar a day. Helium is a normal business, it just happens to use the blockchain for the data, lots of companies do this and don’t have crypto. p. F@H for GPU is definitely more profitable depending on your hardware. Or miners were $250-$300. Do some have more connections with more devices? Why would a device 300m from another device that is very profitable, be Unfortunately, most major cities are congested and it’s too late for anyone in those cities to make anything decent, so don’t buy a miner if you are in those areas. I still want to get into it, but anyone has an idea which is best price/performance or will ship the soonest? In 2022, Helium mania has died down but miners with clever placements are still profitable. I would not be intimidated by people saying its too late. Posted by u/bigchief_penelope - 7 votes and 38 comments I’m first came across Helium mining in March, there were about 40k hotspots back then. Maybe check out Helium mining if you're able to run an antenna from your home. Also, there could (and very probably should) be out-of-the-box and certified Helium mapper devices being made available, so that reported GPS-positions are not easily spoofed via DIY solutions (i. So far it seems to be a bad investment While I’ve seen mentions of gas and mineral mining for terraforming, construction or power production, floating city maintenance, service, finance, art, entertainment and intellectual economies, solar shades, and solar power, one other notable industry that would no doubt pop up on Venus is that of a transport and commerce hub, due to its position between the Sun and ETH is super profitable until it lasts. Today, it looks like VRSC has top spot by 2% over its nearest competitor, LUX. Their shipping time is about 6 months estimated. All were sold out though. Either they say that to discourage you to purchase your miner. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Looking at the list of approved Lmao it’s profitable if you do some damn due diligence and set your spots up correctly The SenseCAP minerwas a relatively late entrant to the miner ecosystem. Discover the elegance of the Supernote, an e-notebook designed for distraction-free writing, reading, I mine what is most profitable. It has little do with HNT which is the IoT network, which by the way you DONT EARN HNT mining, you earn IOT, you USED to earn HNT when mining on that network, but they switched it. If you pick a tiny pool and it gets lucky and mines a block quickly then the "effort" is going to be much less than 100% and it's gonna seem super profitable. I might be wrong but i don't think helium are making any more hotspots and RAK aren't available in the EU so it looks like I'm a lone wolf for while until DIY and other third party get selling. If you have a ton of free harddrive space (like 100Tb) check out Chia farming using PoST. 93 cent a profit per month on average not counting in the internet. Now after migration i make 1,93 eur a month on average. What are some possible reasons and what can be wrong with such a miner? Its not much but it adds up once you get a good sized fleet going. I find existing reddit posts basically just say "Check other nodes and see how they are doing". A place to discuss all things Helium mining. There are smaller projects to spec mine but things change quickly in the CPU mining world. helium. The proposition of a return visit to the moon is not only beneficial to science and technology, but could potentially be the most profitable and ecological scheme in all of history. Of course, they were a bit more expensive than original at the time and I paid around €4,000 for everything including antennas, accessories and so on. It's purely based on luck. I know now there is a lot of hype surrounding the subject but I was genuinely interested in buying a miner. com Visa Card — the world’s most widely available crypto card, However, based on the idea I could see ROI in 1-3 months (which I have based off a handful of recent YouTube videos and articles I've read about helium mining) and then have potentially a handful a years of multi-thousand dollar per month income (which I know will slowly taper over the years) this seems like a great investment! The only thing I can think of is they aren’t in the most optimal spot in the house to reach other miners. The profit from writing this post is 120 a day but it fluctuates between 120 to 300 over time. So I am asking for some others suggestions on miners and tips. I’m open to an indoor or outdoor Inuit. Good luck and happy mining! 3. I average $60 a month per three miners. 1 of my hotspots would mine thousands of HNT a month. I was in your boat but figured someone has to be first. rent. 4HNT Now the price on the miners is tanking on EBay and the HNT coin price has dropped 10% the last 24 hours. Crypto. I'll also see if I can rent a location, profit share or sell the 2nd unit to someone close-by. Then you could get an s7 for around $400 or s9 for around $500. You can tell who made out like a bandit. Mining anything in a bear market absolutely sucks. using APIs, reporting fake GPS values to the Ok so I got 2 helium miners a while back when they were still fairly profitable. I’m mining Ethereum with my PC which only has a 5700xt and 1060 6GB and I made more USD from one Helium hotspot than I did from mining Ethereum. The best is really to just not mine or buy crypto at all, especially in these times where we've likely passed the peak of both crypto and mining profitability. Talk to friends, coworkers, family, church memebers. 4 hnt per miner a day at the moment. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. I’m looking at doing one of the helium miner rentals where they ship you the miner and share profits with you. The ones that do both are the most expensive called CBRS radios ($1k-5k). Even places with just a few clusters of mineral deposits can support a relatively healthy superfab. Using the map tools (link below) and profit analyzer tool (link below) it seems "clusters" of Helium hotspots produce the most HNT. After the recent flood of cpu-miners dumping hash power onto the network, that profitability has fallen to about the same as the other most-profitable CPU coins. maybe you should worry about going out of sync or something like that, having a bobcat wont make you more hnt than a sensecap or nebra or you name itbuying a miner and expect to make bank in HNT its just as real as an unicorn nowdon’t even bother, better put that money into HNT . 1 HNT per miner and continuing to drop. My friend suggested that I get started with a Bobcat Miner 300. It's the newbies unfortunately who get drawn into those shit DOGE Asics. An update. However, even if there are a few hotspots around you they still bring in a considerable amount of money. If you have locations and they look profitable, $200 or less is worth the gamble IMO. Posted by u/Illustrious-Ad1843 - 1 vote and 10 comments I lost out a lot early on since my Bobcat was a paperweight while Bobcats devs introduced new bugs while the profit stage was happening and profiteering with over 1yr preorders. I primarily invest in real estate in Milwaukee and still currently work full-time. Mass exploitation makes a company more profitable. I'm considering a couple more profitable locations for my additional miners but internet access isn't accessible for I got a message from Frank Mong from helium via Twitter: "there's a lot of potential Note: Reddit is dying due to terrible leadership from CEO /u/spez. Tirades, Welcome to Charlotte, Things to do, Buying/Selling, and Charity are all weekly topics. You can't even sell unused miners in boxes if you wanted to (and been that way for awhile). Hi, I recently have been trying to get more knowledge about helium and helium mining. Veganism: A philosophy and way of living which seeks to exclude—as far as is possible and practicable—all forms of exploitation of, and cruelty to, animals for food, clothing or any other purpose; and by extension, promotes the development and use of animal-free alternatives for the benefit of animals, humans and the environment. 08 a day and don't think about ROI. I was looking at it and looking at some videos online. I've checked my area and there aren't miners near me, is it bad? Checking miners in my region I've discovered that there are some miners earning 5-7 HNT/day and others only 0. Or Ethereum is currently the most profitable. Instead of traditional mining with high-power GPUs or ASIC rigs, Helium miners deploy low-power wireless Hotspots, earning HNT by providing network coverage and facilitating data transfer. Decaran V actually has a few veins of Vy , also schrodinger for Ad i have outposts on both. None of those will be profitable after power costs with pool mining. Most likely the more densely populated areas, the better. You pay them a fixed amount and then you get a part of the mining profits they make (at least i think that's how it works). Its not exactly bad, but I'm not looking to add anymore miners. Get the Reddit app Scan this I would like to get into helium mining, please recommend me the most profitable miner( I live in UK, London, first floor flat, NW97FT) What would be the costs and how profitable it is? Thanks for your help Locked post. HMU! Most of the people who come here are here because their having issues and use Reddit as some kind of tech support or to gripe That's less exciting with Helium mining than other projects because of the set limited rewards versus exponentially increasing number of miners. I just made my ROI for my 5 miners and 30 DHX I bought for a big loss in the beginning. People like Vos, he got miners quicker than anyone. I mine using my gaming PC, and I also have a couple mining rigs I built a couple years ago. The market prices haven't moved enough to make much difference. 0 coins. What difference make if you have a bobcat or another miner. Not for CPUs though. 56 years, if price stays same as today. Open Its not a scam for a small number of people. There are really three types of miners IOT, Mobile, and ones that do both. Without a quick return, helium mining is not worth at the moment - there are better options. What would be the most profitable if it isn't an option, or not an option initially? I can use a neighbors internet connection to prevent the relay if required. Right now you can make some serious coin with helium mining. S. You can rent there a helium mining plan and earn daily your fixed returns. This is crypto mining this is what it’s like, it can often take years to break even mining during a bear market. There’s a few different places that offer applications. Yesterday, RTM was about 4% more profitable than VRSC and 3% more profitable than LUX. Worse there is no real path forward. I’ve seen helium hotspots/miners on Amazon, but the cheaper ones $150-$300 have bad ratings and I can’t believe they would really do that good of a job. Need some help ith my BC 300. helium miners are the most profitable miners if you set them up properly Average might be about 0. On shrodinger there is a planet with bat like creatures i made two outposts on the planet to farm these bats they give you 204 Xp per kill , you need to sleep for bosst and take an alien tea for the boost XP if not the creatures are worth 177 xp. TLDR 18 votes, 54 comments. Mine arrived about a week ago and the nearest is 14 mile away. Yeah unfortunately 20 weeks to wait until they ship it. To me this sounds like entitlement. . Then I have to shut them off. I just read positive articles about them and everything makes sense. I'm just exploring temp options until more hotspots come online in my location. This is one of the official miners of Helium cryptocurrency, made in Here's the best Helium miner to buy in 2022: The Sensecap M1 Helium Hotspot Miner — Choosing a Helium miner is difficult. I will post more pics in the future! Join us in our discord: https://discord. No such thing as a real profitable miner at this point. The most I paid for any was cost and that miner took 6 months as opposed to the ones I got under $200 on eBay. Join us in our discord: https://discord. How much money can you make with Helium? Calculate your Return on Investment (ROI) and daily profit when If you are located in a decently populated area with low miner density, it's likely a good time to get in. One of the only profitable mining projects currently (and also the most decentralized blockchain in existence). Advertisement Coins. Yes Helium mining is low-energy mining (only uses 5W compared to a 3200W Bitcoin ASIC) and currently profitable (or so Voskcoin tells me), but there is a major caveat to be aware of: the mining hardware is specially designed and doesn’t have any other use besides mining Helium. Off-grid solar Helium mining tip: I let the units sync and run at home for 3 days +/-, then transport to final location still running for the hike in. High risk on top of high risk. You'll still be more profitable this way even if it's not AS good as a fully researched setup. Now it would take a huge pump in helium coin price to have it be very profitable again. I started scanning the network and clicking on miners in different 2019-2020 was the time to mine helium. If most homes can't afford one to start with, then it's up to speculation at best if that system will work). The cost for it currently is around 20 grand as seen here but if we calculate the yearly yields using the LOWEST number for profit (120) we get 43,800. Their network is the most robust and secure one that incentivized people to make their miners into profit mining antennas to spread the network. Terms & Policies Gpu and cpu mining aren’t profitable at the moment. They have bundle packages. Where residents and visitors alike can share news, events, gatherings, stories, and more. Location is North Dallas, TX, USA. Now it’s 2-3 months. 30 wallets are connected to Helium insiders such as early executives, employees and yes you guessed right their family and friends. A $500 hotspot made more than my $1500+ PC. Now they have regular mines, i. But you should never look at the current price at what you’re mining at. They cost next to nil to run though. When the Lite's go live, they will only do data transfer. The whole intersection of Helium w/ supply-chain issues put everything in a tough spot. Helium miners are low-voltage miners with pretty many managing a 5W power consumption. That being said, I used some of my ETH mining profits to buy a helium miner :). These four are similarly-profitable, at the moment: I read an article about someone who made $10,000 a month off his helium router. There is still Helium to mine for the next 5 years. I was wondering if anyone has any experience with Bobcat or Helium Mining. Making a small profit even due to cheap cheap electricity. IMO I think S class miners are meant to be personal mining ships if you want to hunt crystals, they dont seem to be very profitable considering the low yields, even if they might be faster. I found someone selling "new" RAK on a local marketplace for 340 pln (86 usd). If you think Mobile will be the most lucrative part of Helium, swap it. If anyone is feeling generous and wants to point me to resources please let me know. I still have yet to recieve the box The most amazing place on reddit! A subreddit for sharing, discussing, Some of the posters here are very knowledgeable indeed. But I read about HNT miners and I am currently planning to buy one. I want to hear more about some of you as well! The Solana (SOL) blockchain network has been one of the hottest ecosystems in the cryptocurrency sector, with many native assets seeing significant gains over the past few months. Its not cheap to rent high places to host antennas. Another issue is the miner availability, browse After extensive research comparing over 20 different helium mining devices hands-on and building financial models to analyze profitability, I‘m ready to share my expert picks for the top 10 I'll take my $200 Helium hotspot making 30-40 cents a day over a $1200/$1800 GPU making less than that. 102K subscribers in the HeliumNetwork community. And yeah we all worried about Watts of power that's why there are so many electrical/profit calculators online that's the most important factor in mining. com, and status in the Android app but after being told by helium support this morning that it was 75 blocks behind the blockchain and seeing in the app that it's now 900 blocks behind I'm not very optimistic. Helium hotspots are the most profitable mining rigs for earning passive income with cryptocurrency, but which Helium miner has the best mining profitability?! Let’s review the CalChip RAK V2 Helium miner! Buy the BEST Helium HNT Hotspot Miner here - What is the BEST Helium Hotspot Miner to Buy? | by VoskCoin | VoskCoin | Apr, 2021 | Medium Buy the CalChip RAK But now i have 3 businesses in prime locations who have agreed to let me put my Helium Miners in their business for FREE not everyone is going to rush out and buy miners, most people just do what they Im sure there's some Habibi joints that wouldnt let you put a flier on their window for a profit let alone a mining Get the Reddit app Scan this QR code to download the app now. Official Reddit of UnMineable. Helium Mobile launched nationwide, you can earn the MOBILE token using it. 2-0. Helium mining seems like something that was only profitable for the early people. It's not as good as knowing what you are doing but it seems like the most noob friendly place to start for miners who don't have large rigs or the knowledge to setup more efficient mining. Electricity cost around 1 eur a month for this device to run. 3 HNT/day, do you know how could it be possible? What drew me to Helium was the extremely high ROI and the relatively zero cost to continue mining HNT once your hotspot was in place. His nationality has nothing to do with it and this sort of prejudice and censorship is the reason Helium exists in the first place. The project has some definite potential but as of here and now, it's not profitable, at least for me at this moment. But hard to find a miner on reasonable time scales at the moment especially for AS923 Anyone have an under-performing miner in Japan that they'd be willing to part with for a reasonable price? Or if anyone wants to host your miner at my place for some sort of profit split I'd be up for that as well. I would only buy bobcat, sensecap, or MNTD miners however. Mining is not profitable right now unless you're not paying for electricity. It's a dedication, but I enjoy doing it If you're new to the community please be careful. Has been working great. Here are some ideas to improve your mining setup: Upgrade your antenna; Solve technical issues; Remote miner placement tips; Which Helium Miner is Most Profitable? The profitability calculator applies to you if you have any of the following Helium miners: Bobcat 300; Linxdot; MNTD. . i think you For iot mining, Sensecap M1 works wonders for me, I’ve heard that MNTD Rak miners are fantastic as well, I have just got some Rak miners and I’m going to give them a go and see how they preform. I am assuming And now you‘re here and trying to figure out what miner to get and how to get it fast. It is the gases that are usually the limiting factors, Methane especially, as they are necessary for high-end products yet Right now the most profitable are the helium hotspot by far I’m earning average of 175$ a day with the 2 raks and the bobcat. Do buy a miner if you are in a hex with a 1 or 2 surrounded by other 1 or 2 hexes. Does anyone know if this is a scam? 10 votes, 33 comments. ’s like Disney, Marvel, DC, Coca-Cola, USPS, Cartoon Network, Star Trek and many more”. gg/helium I have recently discovered the site Helium. For me because I am still a student it would be quite a bit of money. Wondering what you guys thought about fairspot. I'll keep mining and adding to a staking account. Maybe you only mine 1 HNT a However I think you're wrong about hashrate making a pool more or less profitable. I have 3 miners and spent vastly more than their cost today. Is it worth it to purchase a Bobcat Miner 300 from their website today and wait the 12-20 weeks for shipping? I will be placing in the miner in a suburban neighborhood where it will bridge two other hexes together on the Helium Explorer, which I believe is a good placement to receive more witnesses (which in turn increases my mining output?) “Ecomi is the company behind an app called Veve that sells licensed NFT’s from i. My budget is around $1000. Set a link pad there and link it to outgoing products on the pad so that it send copper to your home base. Lol if you can't do simple math stay away from Mining. This will make the regular miners, more profitable than the Lite's. thought how is that possible, and came Get the Reddit app Scan this QR code to download the app now. I see a lot of Mntd miners on eBay for that price. Please use our Discord server instead of supporting a Ores are rarely the bottleneck. and International, Federal, State, Business, Economics, and Finance. Feel free to ask me any questions pertaining to setup of this miner, I will be quick to respond. So once again, for those who want help with their hotpsot specific situation, POST YOUR MINER’S NAME!!! I mean Coffeezilla said he was going to keep his miner because it was given to him. There have been times where I've made more mining some shit coin vs eth on nicehash. you can track their income per month. 9K subscribers in the HeliumMiners community. Miner shows as minted in both helium apps but reports as not onboarded. So today, the average number of HNT mined by 1 miner would be 36 and you might earn about $1800. If you think it will be 50/50, doesn’t matter what you do. I am also a huge fan of mining. Both black and blue apps fail onboarding with the new app reporting that bobcat doesn't have enough data credits/sol to cover onboarding transaction. Any HNT miner is good with 2 GB To select the most profitable coin to mine, review the top Cryptocurrency to Mine with GPU enlisted here, That's the Mobile Network. nothing to Anyone in London looking to create a mining network for Helium HNT? Archived post. Now my 15 barely mine 100. PoC will still be located on the regular miners. Maybe 2-4 weeks. com is the best place to buy, sell, and pay with crypto. There is no "too late". Losing money is not "the most profitable miner" Yes, Im mining ETH and BTC as well. This is my first Helium miner and I am going to take a chance Get the Reddit app Scan this QR code to download the app now. Prove me wrong. I found this miner when I started looking into ASIC miners and according to this it's the most profitable miner there currently is. Panther; Pisces; RAK; SenseCAP; SyncroBit Secondly they have you mine what their market is paying the most for assuming you have that Algo benchmarked. Hence why they recently rejiggered the rewards to keep the people with crappy mining locations looking profitable so people keep pouring That is, frankly, my most importantly consideration right now. But it doesn’t take a rocket scientist to figure out a Helium installation. create a link pad at home base and head to Sumati for your copper. Google "Helium Coverage Map" to see what the people around you are making to see if its worth it. As long as I recuperate my investment I’ll be happy. I Tried The Most PROFITABLE Crypto Miner You Can Get! Helium Mining! ($1600/month) cryptogemtokens comment sorted by Best Top New Controversial Q&A Add a Comment . The match x m2 pro generate about 12$ a day on each. Earning around 50-75 a day, but if this was a year about more like $150 a day every day lol Helium mining in 2024 can still be profitable in selected areas and with 5G upgrades, but this is highly influenced by miner location, HNT price and equipment costs. An applied research project furthering the A subreddit for Charlotte, North Carolina. Then in mid-late 2021, everyone and their mother wanted a helium miner and prices shot up to $500+ and lead times on miners were at 6+ months. So from their perspective you are infact mining the most profitable coin in their market because whatever market maker is paying more. But I'm also not planning on selling for a good while. I would like to get a miner that I can run Between 4 miners, that puts me at about $450 for this last month. Reply reply More replies CPU mining is also very energy intensive and is the least profitable of all. Do not ask me about where to purchase this miner or if I think it is worth it. Hotspot / Helium Mining in Luxembourg I bought a Helium Miner a couple of months ago and mining worked very well but then I moved the Miner to Luxembourg and I I'm just worried these hotspots wont be usable or profitable in September when they finally Ok, so, Coin Bureau reminded me of helium after I did research on it in 2018 and forgot. Back then I was making helium coin. 1 HNT is sitting about 50 usd. I have d/l the new black helium app and tried to get the miner up running again with no sucesss. To get started just select your coin and configure your rigs to point to any of our pools. All earn the same amount which is very little I have original raks, MNTD raks, and milesite, if you still want to buy despite the Look at what people are using in your local area via the mining map, I replicated the most profitable miner in my area and results are nearly identical. This might or might not change in the future (halving in August. It almost seems a little too good to be true. Kryptex offers a mining ecosystem tailored to meet the needs of any miner: Mining on a pool with payments in altcoins directly to your wallet, Mining on a pool with automatic exchanges into bitcoins, Posted by u/TradingPartners - No votes and 33 comments With ETH mining ending in 3-4 months we already know that there's potential for a hardware crash. Thank god I already have a kings ransom worth from before so I’m still extremely profitable, but the money coming in just isn’t the same anymore and anyone with less than 4 hotspots is probably going to stay red for a long time. (Before migration it was around 20eur). But has no expectations of seeing it worth money. Get the Reddit app Scan this If you think IOT will be the most lucrative part of Helium, keep it. The more hotspot users around you, the more profit you make. "What's the most effective way of mining for the highest and most consistent profit?" is a common question within the mining community. Will you get the insane returns as very early miners, no. I have 44 locations. Was making bank during the peak, also making YouTube videos, so Helium was paying him to shill this. Plus you're mining DOGE. View community ranking In the Top 5% of largest communities on Reddit. io, hotspotty. I wouldn't really recommend buying one just for the sake of mining. So those of us with the hotspot miners now, won't be shafted when the Lite's get released. It’s a game of volume, how many miners can you successfully launch and how well can you optimize them to its surroundings. and helium to power the outpost. And you also wonder if it is still profitable. The question I have is how can I know around how much money it generates per month? I want to know if I buy it if I will be profitable after 2 months or not, Definitely worth a shot! Helium mining is still by far the most profitable mining as long as you are in a good location Hahaha that's awesome 😂😂 the retropies not that the project died ofc. Bobcat 300’s used to be really good, I’ve still seen them out preforming most other miners in my area but it could be different elsewhere. I suspect this has a great deal to do with the increasing popularity of RTM with CPU miners changing the difficulties. If the guy goes through the trouble of plugging and paying his miner (and on top of it China MAKES your miners - all helium miners are from there), he gets to receive the reward. I'm eagerly awaiting for my Helium miner to arrive! Reply reply I have an opportunity right now which can lead to me buying this helium miner for a low price. If you are in a big city. Helium (HNT) is one of Solana’s native assets that has done quite well, as at the beginning of December 2023 it was under $3 per HNT, with it now trading at over $7 a unit. Hello everyone, just recently started looking into Helium miners, like 2 months ago there was none miner in my area, now I check there are 6 miners in my town, and one of them is right in my home. I want to buy one, put an antenna on my roof and see if I make anything decent. HNT has increased 3000% in the past year according to coingecko. Cable between miner and antenna: LMR-400 (The shortest the best because the cable length makes the antenna loses dBi) Outdoor enclosure: aluminum case Miner: Any (I am using RAK v2) Power: PoE Injector near the router and a PoE Splitter (I bought mines at Mauser), does not need to be fancy. I got at least 10 locations through referrals of other hosts (like let me talk with my brother, cousin, daughter, ect) . As a good all-rounder, I believe that the Bobcat 300 is a solid option compared to its competitors, although I have seen some complaints about its delivery times and its updates, most of the feedback on the miner is pretty positive. If you're in a place where there are 20 miners per hex - there are ways to beat the odds too. Crypto How profitable is Helium mining in Australia? Am selling 2 bobcat Helium miner in sydney Do they even work in OZ? Might be interested in buying one. Seems like this service would be nice for you - https://helium. Nicehash is where many peoples mining adventure starts. As far as I'm concerned, HNT is This. You would need an s19 pro to be profitable, which starts around $18k With lower end miners, you're better off solo mining. Flux, CFX and ALPH as of late. How profitable is it? Would you recommend it? Bobcat device also manages a 4 dBi antenna gain, which assures more HNT mined compared to most devices. Helium just had its best month yet in terms of usage. A friend has recommended getting into Helium Mining. It's pretty obvious that profits need to be higher than electricity cost. You can buy different plans, and immediately start earning without doing anything. More and more miners joining. IMO everyone who thinks they are a good investment only see they profit $0. Check heliumstatus. Here are some short answers: Profitability. Otherwise I'll be going through whitepaper to try n figure it out. Here is a news post from WalletInvestor The miner they cost $500+ (It is expected the 5G one could cost around $2,500. If it is over 3 months, I would personally say avoid it. And I'm definitely not paying the thousands of dollars for an ASIC to mine at a complete loss. Good location in Tokyo, I think. Being able to break even within a few weeks with helium was highly unusual and it was bound to no longer be the case once we I agree there's no point doing it unless you're taking profit but helium didn't promise anyone would make money from mining. Even saying this results in downvotes and lots of negative comments from zero history Reddit shills. Share Sort by: Best. Or I don't know anything on HNT, but heard ETH is the most profitable coin to be mining. At times, it was more profitable -- watt-for-watt -- than GPUs. I am stock in a pickle. Look into Chia coin which uses harddrive farming. I just ordered my bobcat miner, does not matter what people say. But they are well, expensive. I am from Bulgaria (Europe) and from my research I believe that the Linxdot and the Milesight miners are my top options. Even if they are just as separated as the others. Current miners will still be able to do PoC, and data transfer. Good luck! Aaaand you will introduce much more people (Helium miners!) to the Helium console and to usage of the network. Their first batch of shipments were made in the summer of 2021. Helium project has 2 years now. The sun is the center of our solar system. So I am earning around 150 dollars per month in mobile tokens using 11 phones!. I got my hardware before the price surged (29k per 3060 Ti) so I'm almost at break-even point now in my 4th month and it's all profit after that. The problem is the overloads screw the miners at every step. But most importly I heat my whole house now during winter. the open source, privacy friendly mobile OS, CalyxOS. With that being said, look up a mining profitability calculator and see how long it would take to earn your money back. The planet watch about $2,30 USD A day. However in a short time, they have figured out both production and availability (no mean feat in the Helium ecosystem) and rapidly risen to the top. host with 70% profit sharing? Are these guys one of the best or is there another place that might be better? Thanks! 102K subscribers in the HeliumNetwork community. Once it becomes worthless to run a miner this project is done. Helium rug, helium mobile is my most profitable mining project dollar for dollar I got 11 family members signed up for Helium mobile 5 dollar a month unlimited plan using t-mobile towers and each phone earns 2 dollars everyday mapping the network. can't you move it to a friend or relatives house? mine are all set up in a semi-rural area, there's no more than 100 miners in about a 30km radius and I'm taking about 0. The more miners on the system the less you will make. Those have fixed costs that are much lower than renting roof space. New comments cannot be posted. Now with some gains already I feel like I want to setup a miner. And I don't care what CoinBureau says. Edit - I reread my essay and realised only the last page or so was about the helium 3 on the moon. ROI expectations shift over time but, again, being able to start at a different scale is most important to me right now. This saves a few days of stress waiting for it to come online in the wild 🤘 Bolt it in, assert, wait a few for a beacon and you're good 📡🥳 I’m wondering if mining helium in sf is still profitable or not worth it? Thinking about mining, selling, or posting outside of the area The official home of #Supernote lineup on Reddit. Seems like the most profitable ones have like 5-10 witnesses connected to them which I think they must have an 8dbi antenna high up. Data transfer rewards are a possibility only for well developed areas with suitable surface - That way helium has your money to give back to you so you look like you are making money. I’ve mastered that. I live in a place that I rent and that adding a 50ap circuit will be pretty hard. Been set up for 3 weeks and have pumped 0. I might have the option to move my miner over to westmount if it is more profitable. Just started off two M sized gas miners after seeing this thread, will report back soon. Whales get everything. 8 dBi antenna i SenseCAP Miner. same thing. I have 15. It's odd how they totally got rid of their helium app I used to use to track all my miners. Hardwired Rak (cal-chip) miners are make 1500-2500 iot a day. Resellers are drop-shipping helium miners on ebay for $900 - $1000. Or check it out in the app stores Best resource to mine for profit . However, I have never had experience in mining before. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. What is everyone using to file taxes on helium miners? So if we payed 1k in miner and have 2k income profit is 1k right ? Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. As much as I hate to say this, if you have access to GPUs, it is probably more profitable to flip them for a profit than it is to use them for mining. Or HNT Maximize Mining/Profit Question . It took months to get them all. This means that even if you buy this miner you are waiting on nebra or cal chip to manufacture it and then ship it to your seller to ship it to you! Please don't support these people or fall for this scam. - Range / wind direction (can affect RF). I have two bobcats I ordered in August, after those show up I'm done. Been offline for 9 months because of change of residence. I bought a far too expensive helium miner at the end of 2021. Setting the iot location reports ok/successful on helium blue app but doesn't actually work. gg/helium. and looking through their payouts on helium network you can see most people will recover costs in like 6 months . You "mine" and receive your coins directly in the asset of your choice. So, overall, we are beting on helium mining for a quick BEV, and then we can let it be. Mining Helium has maybe 2 months left. The miner ships with a 2. I do have a pretty advantageous location in the middle of the city of Amsterdam. 5 in total, 4 old ones from Nebra and one from Sensecap. Now my miner is in a pretty good spot, but Hi Guys recently been doing my research on getting a helium miner and was wondering if it would still be worth it for me to buy a helium miner in 2024 what do you guys Thank you Bobcat we all profit now 🚀 lets go boys 📈 This subreddit is temporarily private as part of a joint protest to Reddit's recent API changes, The hotspot miners started out just mining HNT, but has changed to IOT on Solana’s blockchain then there are hotspots that mine Helium Mobile for providing 5G access. And a few will cover their costs in For example. Join us and be the first to discover all the news and find many useful tips! Invested 1500 on 3 miners 1 year ago and it took the miners about that long to arrive. The ROI I was seeing when I first learned about Helium. The ROI for those is minimum 3. Get the Reddit app Scan this QR code to download the app now. I want to get into helium mining. Most of it depends on location/antenna location, ect. Mine your favorite non-mineable crypto assets! Our automated system takes care of all the exchanging and transferring, to deliver a seamless experience for PoW miners. Win-Win-Win. Happy mining! Get the Reddit app Scan this QR code to download the app now. Premium Powerups Explore View community ranking In the Top 5% of largest communities on Reddit. I suspect the manufacturers were spoofing and stealing funds from the network in China. Monero isn't really profitable unless you already have a high end ryzen CPU. net, or the helium app to see if your miner has fully synced. It's much easier to get your Helium miners on time, but the question is the same as ever: What's the best Helium miner? To save you the time, our team has looked into the data available and drawn from our experiences mining throughout the last year. Probably the usb sticks at bitcoin merch. gg/helium Press on with finding locations. properly with antenna and without tricks. Helium couldn’t afford to pay the miners in any real world currency because it wasn’t a wealthy company. I get conflicting information from hotspot diagnostics, explorer. true. Go to Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. bar, where you can apparently "rent" helium miners. e. And once you’ve done one for yourself, you likely know enough to help someone else with the basics. I've been considering buying a bobcat miner and I've checked a lot of articles but there are many variables you need to take into consideration when checking if your location is good enough to be profitable. According to the helium explorer, miners around my house make anywhere between 2-30 HNT a month. Welcome to 4K Download Reddit! 4K Download software is the most effective tool for downloading content from YouTube, Vimeo, Twitch, Instagram and other popular sites. There is definitely potential for upward price movement. It’s working out great! I see that many of them on the map make a lot more helium then others. There was recently a report that Helium insiders amassed a majority of the tokens earned at the project’s start, hoarding much of the wealth generated in its earliest and most lucrative days. Hi guys, I'm new in helium mining, thinking to start but can't undesrstand how to choose which miner is the best. Now every decision I make is about ROI on the next step. It's a good deal. We've all heard stories of people who suffered Which is the most profitable Helium Miner? Assuming that everything else such as location, antenna and miner density are the same, the most profitable Helium miner is the one that is the most reliable and stays Use this income calculator to find out how long it will be before your Helium Hotspot is paid off and profitable. ovfocq mmll nfctdtg sbvl yjvbe accgba myee logjwzz sth qfuiimu