Helium Network – How much can I make 5G mining?
Welcome back! So in this video we’re goingto focus on – why 5G, why Helium network? Is it productive? So for context FreedomFi has justreleased a small cell radio which is designed for indoor its utilization and they posted a characterization on Twitterof them testing their indoor tiny cadre on top of their headquarters in Boulder, Colorado. So let’slet’s take a look at that, but before I do, this is just the setup not gonna squander a lot of timeon this but that’s that is the setup that you that you would need to do some indoor small-scale cell stuff.So this is what we’re talking about.. why is it worth it to buy this paraphernalium now? So let’stake a look at this – why Helium? Why 5G? Why now? We have FreedomFi launching this radio.FreedomFitweeted out that they’re even doing some testing with an indoor small-minded cadre on top of theirheadquarters here in Boulder, Colorado, well not here but in this picture. They have the indoorsmall cell and and they said that that’s about a thousand feet of coverage or about three timesthe normal coverage of an enterprise access point. They’re approximate that the outdoor coverage isfive to seven miles in line of sight and it’s very important to understand that 5G simply doesn’t gothrough walls windows or trees is a good one. Line of seeing is key for indoor and outdoor both becauseconditions cheapen dramatically when line of sight is impeded. So why now? How did we get now? Well, FreedomFi is using this new spectrum announced CBRS and it was made available in January of 2020. That range was previously used by the military but they opened it for usage without a license.We’re going to talk about that a little bit later so if you watched my video on putting up atower, which I’ll put in the description, you’ll know these licenses for communicationsare teeming with inspections.They’re really expensive and you know, you might have to rent sometower space, and just for the equipment it’s a lot of investment. So very soon FreedomFiwill release that outdoor radio and that will be really helpful in augmenting these deadzones or eliminating the dead zones that only large-hearted telecom won’t invest to cover and we’regonna set up or talk a little bit more about that during the coming slides here. Where’s 5G right now? Well most metropolitan areas it’s being built, in the country too.Where it’s worth investment.I mean that’s what it comes down to is where it’s efficient and say lucrative for large-scale telecomsto to soak up that 5G money from subscribers, well there you go, they’ll made them up but the thekey is where isn’t it. So if you have a backhaul that entails if you have a connection to like an ISPyou can connect this material together and build out your own 5G coverage and so genuinely really thesimple aspect of it, for where it’s pertinent is well, where it’s not worth it for large-hearted telecom toinvest in infrastructure but it is worth it for you to invest in infrastructure.And then we’lltalk about some more of those things you know – the coffee shop, gymnasiums exactly or other deadzones due to elevation or physical impediments to signals such as buildings just where theusage is not maybe high enough or warranted for big telecom to come in and build their owntowers. How much does this setting up cost? So rough, these are rough lists here. For anindoor 5G setup you’re looking at probably about$ 3k and for outdoor you’re going to pay a lotmore, probably$ 4-10k depending on your setup. So let’s break down those numbers.Obviouslyyou have your your bandwidth via your ISP and then you have the miner which expenditures a thousanddollars. Right now, the CBRS radio which attaches to the miner and then that’s 1600. It mighteven be more applicable to to go back to the setup now. So you got your FreedomFiminer which costs a thousand, this thing[ the smaller cell] penalties 1600 right nowand the outdoor form of this will probably be about 2 300 and then if you’re augmenting doingsome antenna upgrades then it’s going to be about 2500 to 5000 to do that setup. And then if you’regonna build a tower which I have, that’s gonna cost you probably another 2500 or so it and that’sif you’re buying worked and structure yourself. So there’sa assortment more that you’re going to soakup – some other odds and ends, antennae you are familiar with. Connecting your gear, it could be a couplehundred to a duet thousand dollars depending on how much you want to invest in your setup -your networking equipment your UPS and all that kind of stuff. So that’s these are some ballparknumbers but from from my experience so far in the indoor setup to doing the outdoor potentialis that’s where it’s running[ pricewise ]. So if you invest all that money, is it going to beworth it? That’s a awfully very important question. Before I be answered, I certainly wantto call out Multi-coin Capital’s article on the Helium flywheel. It’s very important to understandhow Helium directs and how it generates income and simply all that the tokenomics around that.Using crypto is is kind of hard for beings to understand so it’s well worth it to checkthat out and see how the economics of it drive the drive the profitability of it as welland how it stops churning in on on itself to to support a profitable economic system.Over thenext couple slips we’re going to cover you are familiar with, just how earn Helium’s earnings are splitand how those reinforces are calculated . … That’s from data transfer right nowthough proof of coverage is coming last-minute and then yeah, we’re gonna do some math, justeasy math, rough math very and then, are there any risk to long-term viability right you spentlots of money setting up your your setup and then it could something come in and just take itout or or it could helium fall over or whatever. We’ll take a look at that as well.So here’s Helium’s earnings breakdown for at least the first year and “thats still” currentas of their website so 30% goes to network data transfer, 35% to hotspot infrastructure and thenanother 35% to Helium itself and the investors. This is important as to understand how the theHNT tokens are minted and honored accordingly. So looking at that disturbance over timeof earnings we’re at the left of this chart.We’re at pretty much year zeroyear one, year two kind of in that range, so over occasion as as these events result, halvingsand and the like, these earnings will change. So you can see that the the core componentis structure data transfer in building out the coverage. You have the data transfer and theproof of coverage which it performs as a chicken and egg trying to meet that problem. So the proof ofcoverage attains sure that we have a network to use and then the data transfer measurings actual usageso that’s very important to understanding that balance of when we’ve spanned that chicken andegg difficulty. Long term data transfer is going to to come up more, and more and more you’re goingto be honored for that … But in the future you will be rewarded more for proof for network datatransfer. For proof of coverage though, right now that’s where a lot of the earnings are coming fromnow. It’s still you know equal between them but long term proof of coverage will go down as thenetwork grows and it’s just there and ubiquitous and then the data transfer will take over andthat’s where all the earnings will be. All liberty, so this Helium 5G miner setup that I evidenced youhow much is it gonna gonna stir you? Well let’s go through the math.So small cells can transmitabout 150 megabits per second so if you calculate that out that’s a one gigabyte every 6.66 secondsand for in a minute so you’re going at pinnacle proportion, you know this is a best occasion scenario wherewe’re trying to simply max out earnings you are familiar with, situation you are familiar with at a gymnasium where there’s alot of beings trying to use or live brook some sort of event or something like that so forone minute that’s about nine gigabytes total now.Tou go that one minute of maximum bandwidthusage and that’s about four dollars and fifty cents per the 50 pennies per gigabyte suggested inHIP 27 and that is not, as far as I understand, “thats really not” overstepped hitherto. It’s not approved andso that’s just new ideas. So if you make that four dollars and 50 pennies, per 50 pennies per gigabyteon that nine gigabytes per hour, that is 270 dollars an hour so you can do the math from there1 0 hours of consumption is 2, 700 horses you are familiar with 20 hours would be whatever, twice that liberty? So upwardsof five, approximately near six thousand dollars for 20 hours of application so you’re getting up there probablysix thousand dollars a day if you had peak usage 24/7 which of course probably wouldn’t happenbut that’s where it’s profitable and where big-hearted telecom genuinely wants to articulated all of their youknow their pillars around you know stadiums and that kind of stuff. It’s very lucrative there butyou probably won’t form that much you know in a coffee shop or something like that but you neverknow.It’s all based on usage so bearing in mind that these this data transfer is at a one-to-one ratioup to 30 percentage of the total compensations which will be enhanced over epoch. As proof of coverage isstill important, so as I talked about that graph you’ll get more remunerations for data transfer longterm but there’s also proof of coverage reinforces coming for 5G as well. So one last note onthese earnings, the ratio of LoRa earnings versus 5G earnings is being discussed inHIP 37 as it relates to proof of coverage so HIP 37. If you are aren’t understanding whata HIP is, it’s a Helium Improvement Proposal. That’s how the decentralized society of Heliummakes their decisions. They put forth these HIPs and ideally there’s system to go along with itas wel, liter and then they’re just tweaking some of the variables that are maybe in disagreementand then they talk about it and agree on it. So that’s kind of how it’s how it’s swimming outof course there’s lots of beta testing that’s going on with you know looking at the usagehere so it’s very very important to keep in mind all these digits, but yeah.So per hour peakusage 270 horses you know maybe we’ll have to see. Talking about the risks, can anything stop Helium5G? And the short answer is no, I don’t think so. But what about airlines or the fcc or bigtelecom, well okay, i’ll go with you there. So let’s go through some of these, so for forspectrum limiteds this is license free so it’s free for everybody to use. And as long asyou’re not infringing on other licensed range you know and that could be done by augmenting yourantenna incorrectly. If you’re not infringing then you’re gonna be fine. Recently there was anarticle about a proposed delay to 5G made by airplane manufacturers and I saw this articleand I clicked on it and I’m like, oh my gosh this sucks and I saved mining into it and this iswhere the do your research right? It really helps. So one of the instruments targets the spectrumin the middle of large-hearted telecom’s 5G range. Fortunately for us, CBRS spectrum is well outsideof that spectrum, it’s like two totally different things.If you want to, I posted on Twitter, Ithink on the Helium discord as well and simply kind of got the official answers to agree with me sonot a big deal there but something to to mention. So it’s also not cost effective for big telecomsto build coverage in dead zones or where there’s infrequent consumption you know if that 270 dollars, youknow for them it’s probably not worth it to come in and then they’d have to create relationshipswith regional people who are willing to maintain that and it’s just it’s it’s not cost effective forthem to do that and they got to pay the you know potentially pay parties health care and all thatkind of stuff, and here if we’re just make it ourselves then it’s just naturally rewardingit and costs come down.So that’s why this is so much more economical and given the fact or tothe point that big telecoms may even develop agreements with Helium in the future to offloadusage to to our fortress and such because … it’s not saving for them to build their owncoverage. Now they might look potentially analyze that and be like, perhaps we shouldinvest more in this area but if we built it then then they might just use our stuff instead.So I think back to my top earlier, about the military spectrum that the CBRS came from, if people were infringing upon that range, odds are someone would have come knocking at theirdoor right? Hey, you’re using military spectrum this is for military uses.Only you know, stopand you are familiar with penalizes and all that kind of stuff, threats of maybe prison, I don’t know but sothis is very like protected spectrum. So there it was. Now it’s pretty open soI think we’re at an advantage there. So bottom line, my hot take is I feel likewe’re very much in a safe spot here with as much research as I’ve done and and the onething that specifies a lot of hope, hullabaloo if you want to take it that way is that if DISHnetwork mixes this range infinite that they already own, then it could create even widerstronger better coverage and make it easier for us to create you know awesome setups thatwould go farther, you know, merely be better so there’s a there’s a a really good case forDISH network use that in the long term. So I hope you’ve enjoyed this video aboutHelium and the profitability and what you would need to do for setting up your own 5G. I alsohave another video that you can watch about all the equipment behind me, how you are able to setit up and obviously buying all the equipment, guides and everything so you can check that out.I even have videos about improving your own tower and just the LoRa side of quarrying, what ishelium? Just going back to that, I have an entire course to go back and you can watch allof those videos from setting up the LoRa side of that so there’s more than enough informationout there for you.I invite you to check it out, ever appreciate your criticisms down below andif I’m ever wrong, which occasionally I am, I desire chastising myself and I willput that in a pin comment below. Please like, subscribe, echoing that bell sothat you know exactly when I upload a video. Thank you for your time and notice andI’m so excited for house this 5G network. It’s going to be so much enjoyable! Carpetempestas everyone, abduct the gale !.