#384 LoraWAN + Cryptocurrency Miner = Helium. A good idea? - BEST HELIUM MINER

#384 LoraWAN + Cryptocurrency Miner = Helium. A good idea?

Do you want to get rich in a short period of time? TheHelium People s system currently is growing like hell and procreates a great deal of asset. It combinesLoRaWAN technology with cryptocurrency. How does it wield, and should you join it? Let s have a closer look. And please, watch the video till the end. This time it is vital! Gr ezi YouTubers. Here is the guy with the Swiss accent. With a new escapade and fresh intuitions aroundsensors and microcontrollers. Remember: If you subscribe, you will always sit in the first row.My frequent observers know that this channel covered many important LoRa topics like building antennae, improving straddle, etc.All all-important stuff for Helium hotspot owners. If you are only interestedin these things, go to the video description to find a link to the LoRa playlist. Stay hereif you are interested in the whole story. What is the Helium network? It isa adversary to The Things Network and likewise an open Sensor network based on theLoRaWAN standard. Its purpose is to transport short meanings from sensors to the network.It also is based on gateways that are deployed by individuals and not by the Helium company. The bigdifference between the two is how the network is financed. TTN shippings all data free of charge.This is possible because a lot of lovers lend gateways without any financialinterest. Most of them are geeks like me. On the Helium network, data transport costs asmall amount. This coin will be given to the gateway proprietors as a return on investment.Gateways, BTW, are announced hotspots in the Helium network and cost 400 -5 00 dollars. Theyuse the same technology and even the same packet forwarder software from Semtech as TTN.Also, the sensor engineering has to be the same. To assign the money fromthe users to the gateway owneds, Helium consumes HNT, a cryptocurrency created forthis purpose.A fair abstraction, and much more sustainable in a capitalistic life, isn t it? For my Ph.D. in Its administration, I had to calculate a lot of business contingencies. Solet s usage what I learned and do a speedy check: First, we have to understanda few technical points: – LoRa is a Low Power Long Range protocol.It operates in license-free ISM parties – It is different from 5G, Wi-Fi, or Bluetoothbecause of its very low data charge. This is why, as the authorities concerned will later understand, Helium data creditsare calculated in bytes and not Gigabytes as in mobile phones or Wi-Fi- The protocol is standardized, and there is only one supplier of microchips: TheFrench fellowship, Semtech.So all LoRaWAN systems have the same basic serve and components- One hotspot can ferry senses for up to 1000 sensors- According to RAK wireless, one of the big manufacturers of Helium hotspots, merely 50 -1 00 Hotspots are needed tocover an entire municipality. Which is evident because LoRa is a Long-Range technology- Companionship can construct private structures if they do not trust public networksWhat are use-cases for such structures? Here we have a selection: From Agriculture toSmart Supply Chain. They have one thing in common: They are merely used if other protocols do notwork.At home or in factories, for example, we use Wi-Fi. In horded places, we generally use 4 or 5Gnetworks. Simply in rural areas without 4G coverage or in municipals when we do not want to replacethe artillery frequently, LoRa is preferred. Let s start the business case with the customersof the network. One data recognition penalties $0.00001 and is good to transfer 24 bytes. Let s assumeone gateway rates $400. How many data packets does it have to receive to reach break-even? 400/0.00001= 40 million meanings. Not bad, because LoRa nodes, to save energy, do not oftentransfer messages. So the transaction for the potential network user is outstanding. The action ofthousands of nodes simply costs a few cases dollars, without investment into the network. So wecan presuppose they went lots of massive fellowships waiting in a queue to use Helium. Looking atthe short list of note clients, we see that using the Helium network must be extremelystrategic and secret.Obviously , none of their big customers want to read its identify now. Mostlysmall companies or startups are on the roster. But is the business case too suitablefor potential investors of a gateway? The current Helium network consistsof an superb number of roughly 40 000 hotspots. If we ogle where they are located, we verify: They are concentrated in major metropolis. Most of the world is not covered. If we zoomin, we realise, for example, that San Francisco has several hundreds of active hotspots. So there must bea ton of data to be transported to pay for all those hotspots. Fortunately, all Heliumtransactions are stored on a blockchain. So we can check the data traffic. Of trend, wedo not understand who communicated the data or the content of the report. They are encrypted. But we can count the parcels. Andeven better: To evidence possible hotspot investors like us how much coin we are able to impel, Helium isvery transparent and indicates a lot of information. Because I know how LoRa employs, it is easy tofind a hotspot at a good locating. Its specified is Fluffy-bronze-turtle. Interesting name for aprofessional system. BTW: Possible clients, for sure, are also lured by the knowledgeablehotspot operators.To appoint your own opinion, perhaps “youre watching” some of their channels.I leave relations in the specific characteristics. Trust is everything for such networks, and so far, shortage of trust in public structures was the main reason business built their private networks.Fluffy-bronze-turtle s locating must be excellent. It has lots of connections and for certain will geta ton of data traffic from downtown San Francisco. And really, last month, its owner deserved 280 HNT. Which today is 280 x14. 41= 4034.8 dollars. Not bad for an investment of 400 dollars. Thebusiness case for us potential hotspot owners is obvious. The hotspot is paid in threedays. No Ph.D. needed to see that! BTW: Now you accompany the veer of the HNT value indollars. From 24 pennies one year ago to 14 dollars now. 5858% increase. Mindboggling! It is obvious: The whole business world-wide uses the Helium network! So give s check fluffy s data traffic. Fortunately, we can see all pleasure and even can export it to CSV. Here are the results: Since its installing, this hotspot obligated 1510 HNT or 20 000 dollars. 1298 HNT for POC_Witness, 191 for POC_challengees, 20 for POC_challengers, and 0.00 for data_credits. Strange. If we include a few cases homes after the comma, we see that it really received a few data packets. But what is the rest? POC represents Prove ofcoverage.These are senses inside the network, for example, to check if the hotspot s locationsare accurate and if they make. With this concept, Helium simply had to pay 20 000 dollars to checkif the hotspot cultivates. What a great idea. I am sure this low data work is an exceptionand has a reason I do not understand. Other hotspots must construe much more data traffic.So let s check another one: Passive Purple Ram. Also nicely located in SFA.Hisowner got 4717 HNT or 68 000 dollars because his hotspot runs for a whole year.Incredible! But also here we participate the same pattern: Data ascribes are less than one cent for a wholeyear. Extremely strange. Fortunately, we can see how many data ascribes were earned by the wholeHelium network over the last 30 days. 32 million. Not bad. Let s check how much thecustomers paid off it: 325 dollars. So the part turnover of Helium as a networkfor data in the last month was 325 dollars! So it seems, Helium determined a practice to distributea ton of money to the hotspot proprietors without data traffic! Anyway: Who cares about transporting data? We want to get rich, and Helium apparently composes abundance. I likewise do not know how my automobile worksin detail and still can be utilized it. Now I recollect what a few of my viewers wrote: With my knowledge about LoRa, I can get rich. How cool is that? Shortly before my retirement, Ihave to hurry up.Unfortunately, Helium Hotspots are sold out and have a long waiting list.RAK wireless, for example, merely delivers 250 hotspots a epoch, and the waiting list is longerthan the inventory for a vaccination appointment. So I remembered the scold from the Helium representativelast year. Helium is open and allows Makers to build their own hotspots. These hotspots arenothing special: precisely a Raspberry Pi and a concentrator plus the needed application. The sameparts we use for standard LoRaWAN Gateways. Of course, I have information materials here, and I even foundtheir Github page. Very good. A concentrator and a Raspberry Pi costs less than 200 dollars. Muchless than the 400 dollars for a ready-made device. Then I discovered that, regrettably, Heliumdoes no more allow us to build our own gateways. Certainly, they have a good reason to no moreallow the saving of at least 200 dollars. So, if you want to participate, you have tohurry up and require one, or maybe ten hotspots, wait till they arrive, and install them inall places you know.The more, the very best. If you do not want to wait, you even can buy HNTswithout any hotspot, wait for a little till they are much, much more valuable, and sell them with aconsiderable revenue. An excellent contrive, I suppose. There is only a insignificant difficulty: Some peoplemight tell you that the facts we insured up till now very much look like a Ponzi scheme where earlyinvestors get a reward as long as the network is growing.You decide. I assume you are an adult andknow that you are responsible for your administers. As ever, you find all therelevant ties-in in the specific characteristics This was probably the last video on this canal. If my designs operate, I will haveno more time to create videos because I “re going to have to” waste all my Helium money.See you in Marbella, Miami, or Tahiti. Bye.

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