Helium Mining - LoraWAN + Cryptocurrency Miner = Helium? - BEST HELIUM MINER

Helium Mining – LoraWAN + Cryptocurrency Miner = Helium?

 

Do you want to get rich in a short time? TheHelium People s system currently is growing like hell and causes a lot of affluence. It combinesLoRaWAN technology with cryptocurrency. How does it drive, 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. Now is the guy with the Swiss accent. With a new episode and fresh ideas aroundsensors and microcontrollers. Remember: If you agree, you are able to always sit in the first row.My frequent observers know that this channel covered many important LoRa topics like building antennas, improving reach, etc.All crucial material for Helium hotspot owneds. 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 contestant to The Things Network and also an open Sensor network based on theLoRaWAN standard. Its purpose is to transport short themes 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 hauls all data free of charge.This is possible because a lot of addicts contribute 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 owners as a return on investment.Gateways, BTW, are announced hotspots in the Helium network and costs 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 strew the money fromthe users to the gateway owneds, Helium exerts HNT, a cryptocurrency created forthis purpose. A bazaar perception, and much more sustainable in a capitalistic world-wide, isn t it? For my Ph.D. in Business Administration, I had to calculate a lot of business events. Solet s utilization what I learned and do a quick check: First, we have to understanda few technological 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 rate.This is why, as the authorities concerned will last-minute look, 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 chippings: TheFrench company, Semtech. So all LoRaWAN networks have the same basic perform and components- One hotspot can transport contents for up to 1000 sensors- According to RAK wireless, one of the large-hearted manufacturers of Helium hotspots, exclusively 50 -1 00 Hotspots are needed tocover an part metropolitan. Which is evident because LoRa is a Long-Range technology- Fellowship can improve private systems 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 simply used only if other etiquettes do notwork. At residence or in factories, for example, we use Wi-Fi. In gathered neighborhoods, we generally use 4 or 5Gnetworks. Only in rural areas without 4G coverage or in metropolitans when we do not want to replacethe battery routinely, LoRa is preferred. Let s start the business case with the customersof the network.One data ascribe rates $0.00001 and is good to transfer 24 bytes. Let s assumeone gateway expenditures $400. How many data containers does it have to receive to reach break-even? 400/0.00001= 40 million senses. Not bad, because LoRa nodes, to save energy, do not oftentransfer messages. So the slew for the potential network user is outstanding. The activity ofthousands of nodes exclusively expenditure a few cases dollars, without investment into the network. So wecan usurp they got lots of large-scale companies waiting in a queue to use Helium. Looking atthe short list of comment customers, we see that using the Helium network must be extremelystrategic and secret. Obviously , none of their big customers want to read its reputation now. Mostlysmall companies or startups are on the inventory. But is the business case too suitablefor the investor of a gateway? The current Helium network consistsof an impressive number of nearly 40 000 hotspots. If we look where they are located, we recognize: They are concentrated in major cities. Most of the world is not covered. If we zoomin, we accompany, for example, that San Francisco has 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 track, wedo not view who routed the data or its content. They are encrypted. But we can count the parcels. Andeven better: To demo possible hotspot investors like us how much money we are able to start, Helium isvery transparent and establishes a lot of information. Because I know how LoRa slogs, it is easy tofind a hotspot at a good locale. Its reputation is Fluffy-bronze-turtle. Interesting name for aprofessional network. BTW: Possible patrons, sure as shooting, are also lured by the knowledgeablehotspot adventurers. To establish your own opinion, perhaps “youre watching” some of their channels.I leave tie-ups in the specific characteristics. Trust is everything for such networks, and so far, absence of trust in public systems was the main reason corporations constructed their private networks.Fluffy-bronze-turtle s orientation must be excellent. It has lots of connections and for certain will geta ton of data traffic from downtown San Francisco. And genuinely, last-place month, its owner made 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 meet the swerve of the HNT value indollars. From 24 cents one year ago to 14 dollars now. 5858% increase. Mindboggling! It is obvious: The whole business macrocosm uses the Helium network! So let s check fluffy s data traffic. Fortunately, we can see all act and even can export it to CSV. Here are the results: Since its station, this hotspot shaped 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 lend a few neighbourhoods after the comma, we see that it really received a few data packets. But what is the rest? POC makes Prove ofcoverage. These are senses inside the network, for example, to check if the hotspot s locationsare accurate and if they work.With these principles, Helium exclusively had to pay 20 000 dollars to checkif the hotspot runs. What a great idea. I am sure this low data loudnes is an exceptionand has a reason I do not understand. Other hotspots must construe much more data traffic.So give s check another one: Passive Purple Ram. Also nicely located in SFA. Hisowner got 4717 HNT or 68 000 dollars because his hotspot rolls for a whole year.Incredible! But also here we attend the same pattern: Data credits are less than one cent for a wholeyear. Extremely strange. Fortunately, we can see how many data recognitions were earned by the wholeHelium network over the last 30 epoches. 32 million. Not bad. Let s check how much thecustomers paid for it: 325 dollars. So the part turnover of Helium as a networkfor data in the last month was 325 dollars! So it seems, Helium spotted a nature to distributea ton of money to the hotspot owneds without data traffic! Anyway: Who to be concerned about transporting data? We want to get rich, and Helium patently causes property. I likewise do not know how my automobile worksin detail and still can use it. Now I retain 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, simply delivers 250 hotspots a period, and the waiting list is longerthan the schedule for a vaccination appointment. So I recollected the order from the Helium representativelast year. Helium is open and allows Makers to build their own hotspots. These hotspots arenothing special: time a Raspberry Pi and a concentrator plus the needed software. The sameparts we used to support standard LoRaWAN Gateways. Of course, I have information materials now, 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 dictate one, or perhaps ten hotspots, wait till they arrive, and install them inall places you are well aware. 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 profit.An excellent programme, I fantasize. There existed a minuscule trouble: Some peoplemight tell you that the facts we looked 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 manages. As always, you find all therelevant connections in the specific characteristics This was probably the last video on this channel. If my programs undertaking, 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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