We've tried to use it as an iot customer. Some parts weren't working, support did not answer, essential functions like downlink messages were missing. It seems that the focus was on selling new boxes instead of onboarding new customers.
it's called naked shorting sure it's illegal but good luck getting the dtcc or the sec to enforce that if your a big enough company. and sure they might give them a slap on the wrist but when the punishment is 20% the money made its an operating expenditure not a preventative measure or a real punishment
that statement shows just how little you know about crypto, it all depends on the coin choose right and its very similar to the stock market and the american dollar, do some research because im doing just fine with my setups making me 500 a month as of RN. but i dont suggest anyone get into it without proper research its morons thinking its easy money that are the problem lol
The book "This Time is Different" from 2009 examines eight centuries worth of financial scams---hopefully the authors will update it to cover the latest BS that is crypto, NFTs, etc.
agreed, Reinhart & Rogoff had the most comprehensive book on it (compared to Paper promises, Inflated, and other books on the topic that came around the same time)
That phrase seems to be the essence of crypto schemes. Supports claim their project isn't like all the others...until after it's clear they won't be getting their money back. And some will happily jump onto the next project to champion.
@@Bruceylancer I don't have the disposable income to play the market like a Navy Chief does. He got me to buy 10 bucks of SafeMoon, but he still doesn't think Karony is a scammer.
@@Galaar mine friend was a even sadder case, guy all of his meagre savings in Bitcoin, I tried to convince him that the market was too unstable and now here we are.
Excellent, excellent analysis. We've been sounding the 'alarms' since the very beginning - not on the crypto side, as we don't know much about crypto, but on the 'technical/RF' side, which is what we know best - and even tried more than once to let Helium know some things (network testing, antenna placement, coverage, capacity) didn't add up. They didn't listen - or didn't want to. It's a huge shame because it doesn't do anyone justice: the investors, the users, the crypto/IoT/engineering/RF sectors: Everyone is a loser here, although some more than others...
What do you think about their 5G hotspots now? You only get rewarded if an ISP offloads onto your hotspot but the specific details on how that is decided remains proprietary/closed. They've managed to pull it off a 2nd time around, but I know this will fail too.
@@HilgaSchezner I don't understand the confusion here. Was this video created previous to helium mobile and helium internet? There are many who make an insane amount of mobile, cell rewards, data credits and IoT daily.
It was originally, unfortunately they licensed it to a few producers that could not keep up with demand. And then take a look at the income stream. The income from data packets cannot support the infrastructure.
As far as i am concerned - lora isn't an open standart, aka at best they could open source everything but the actual lora module and i am guessing that's exactly where the bottleneck in manufacturing was since lora isn't exactly a wide adopted standart at this point.
#1 problem here. The average person doesn’t understand crypto, nor will ever. Using crypto and something as complicated as blockchain (that 90% burns more in electricity bills than it makes in money), is a horrible business idea and will never be adopted widespread. Crypto bro type people will always pray that everyone will want it, but its simply not sustainable when it just cannot provide real world material assets
@@goldenhate6649 "but you dooont understaaaand brooo" the battlecry of crypto bros trying to push normal people to lose money so the bros could recoup their costs.
These guys have figured out how to tap into the desperation market. They know people are struggling, so they keep putting out 'free money' boxes because they know people will buy them.
You guys just don't get it, like at all. The value of HNT is from REAL MONEY that was put into that market. It's not just value from thin air, as you're suggesting.
@@seriousskateboarding9938 yes and the issue was that not enough money was coming into the market to support the market, leading to its collapse. The same issue that inevitably happens with Ponzi schemes, or MLM's...the money dries up.
If this could create a distributed WiFi network allowing people to just share their fibre connections at home and then borrow while out would work pretty fine. This could mitigate massive data fees to relatively cheap fibre connection. But ISPs and wireless operators would definitely have problem with that.
Very well explained! As you say, it's quite a complicated ponzi-like scheme where miners FOMO'd into these boxes due to the returns but were really getting paid by new miners. Quite clever really because it looks like a business offering a legit service and you'd only cotton onto the scheme if you knew how few people are really buying the service.
not at all explained. He hasn't talked about any of there partnerships nor the companies actually using the chain. If you don't understand something don't make a BS video on it. complete reach he never even talked about DINO or T-Mobile lol
@@TycenYT can you elaborate? T-mobile is not listed and DIMO seems to be another crypto scheme but related to cars, is there any info to dispute the lack of demand?
@@Yora21 I've already made back my cost of the miner, people are coming in late and complaining that its a scam, lol. Edit: I guess arriving early to the party is considered a scam or Ponzi scheme now? Really simple: if I had to share a pizza with 3 people or 8 people in which situation would I get more pizza?
Which part of helium do you think is a Ponzi scheme, who am I selling on buying miners? Coffeezilla didn’t even understand the network and how rewards are distributed, onboarding new miners and fees are not paid to other miners.
i can see it coming... how this man might expand out of his small 10 million studio box into a way bigger Network. As the real things of the internet get spread and eaten up by this worlds population. so cool seeing you get even more a feeling of how to pack in the concerning points about topics and people but still letting yourself stay so unassailable. totally appreciated!
It was supposed to establish an IoT mesh. Basically any devices that used IoT technology were going to be able to exchange data on the cheap through this network. i.e. dog tags, tracking devices, bags, cars, etc That was the idea anyways
Everyone wants quick money, but people fail to realize is that there isn’t a thing as free money let alone just let the money come in by letting it sit. That just doesn’t make any sense.
they literally just saw that other people were making money and they did the quick math and hoped in. Most people in the crypto space still don't understand how any of it even works.
i swear i'm the only one who comes from a poor family and isnt a trust fund baby with millions of dollars in inheritance to squander.
2 года назад
@@ZentexE you fail to see the big picture. Which is why in the long run you're a sucker. Sure some people will win the lottery, or some money on a slot machine.
I bought a helium miner 2 years ago because at first I liked the idea, but I sold it with 100% profit 1 year ago. I saw this coming. Best decision ever.
Oops what a horrible decision lmao 😂 You must be kicking yourself hard right now. You really sold in a bear market at $2, and now it hit $11 earlier. Potentially going up into the $60 range or so 💀💀💀 just here to remind you of your “best decision ever” 🤣🤣🤣🤣🤣🤣
@@Mr.VoidScaper It was. It might have a price pump becuase of traders speculating, however if it has no use, it will quickly fall again. All these weird crypto coins also often has a spike when some influencer hypes them, but there owning them before these events is just luck and not a right decision
It's funny how people think IoT is the best thing to happen. I was taught at a government security facility that if a target has IoT devices, it's only a matter of time before you are able to compromise them.
hmmm...apps to unlock doors to houses and cars, turn on heaters and A/C units, turn on water faucets, run vacuums, record programs...what could possibly go wrong or get hacked? pffft....
"Matter of time" = Less than a day if the target is an average household. Doesn't even need IoT, your smartphone is enough. Your SIM card has root access, it's "easy" enough to make it download malicious programs onto your phone. That's how the gov't does it most of the time to access a target's camera, microphone or anything else really. You can protect yourself quite easily against untargeted attacks, but the moment someone targets you specifically you're fucked unless you have whole teams monitoring your systems and networks 24/7. Even Jeff Bezos got hacked and easily at that.
Not if you have something like ZigBee devices that only connect to a local gateway (and thus can't directly access your LAN). Stuff that connects directly to WiFi tends to be terrible, because hardware companies often suck at software, and especially at security. If however everything only works locally, and you can only access it remotely through a single well-secured point (though granted many cheapo gateways and the clouds they connect to aren't great - but you can run your own on a Raspberry Pi or something), it's a much better situation overall.
When I first heard of helium, I was really interested. But then I went to research how the mining happens and where the money comes from and noped out quickly
I was making around $10000 a month until I saw what was going on. The data credits went no where. The deals never happened with IOT devices. And... the ponzi became evident. There is also a lot you left out such as major investors who built "giveaway hotspots with shared earnings" around companies and made "side deals" with IOT companies of there own. Like you said, eventaully a ponzi goes bust and thats what happened with helium, and now they are scrambling to keep it alive and suck maximum amount from people who are willing to keep sending them, and their partners, money.
They might be trying to land big partnerships first to try and tap into their large reach before later deciding to open up to the broader audience, where a few small companies may have the potential to gain marketshare thus allowing Helium to ride their success.... My personal speculation is they're seeing what large companies will bite.... if they don't they're gonna need to rethink their strategy.
@@Happy-go-luckyTV lmfao, copium is strong, if they CAN land a big partnership they would have already done so in the past when they were at their peak and they would have brag about it everywhere. I doubt any big companies would even touch their product with all these bad press and especially their data transfer credit revenue being only 2.5k usd per month, there's no chance they would land any partnership lmfao
i bought 2 cause the utlity made me think that unlike most cryptos this one actually had value.... i lost about 1.5k worth combined after my mining rewards
So a buy in that will never be cost effective, setup fees, verification fees, location transfer fees, additional misc. hidden fees, and the entire thing is a system based on the participation of other users and on boarding more users? *THIS IS A TIMESHARE!*
some of the only "passive" income is when you do like invest into real estate. and even that is not that "passive" as you still have to 1. find someone you rent your apartment to 2. fix something when it's broken 3. research legal things to consider 4. taxes n shit 5. other stuff like facility management I see it with my mom. it's alot of doing phone calls and running after people...
the only real passive income is intellectual property ownership, and its only passive income if you can successfully license it after the huge number of unpaid hours of labor that initially went into it If you have that kind of talent and hard-earned skill and a library of past works, you can generate passive income. Thats just about the only real good way. Might also be able to get passive income from renting a botnet or scamming crypto enthusiasts.
It's interesting because in the middle of the video I was thinking "I wonder how much more useful this would have been as a cellular thing". And then I got near the end where you mentioned they pivoted into 5G. What an interesting turn, almost like they should have done that from the start.
I could care less about crypto and NFTs but never miss an episode. You seem like a cool dude, you're a smart ass and I'm sure interesting to hang w. I appreciate a witty smart ass. Congrats on the success.
I seriously do not understand how so many people just didn’t grow up mentally and truly believe multiplying free money just exists which is just mental.
1:35 I know people usually talk about IOT like the main use case is leaking deeply personal information to anyone who bought an RFID scanner, but my preferred utility is making consumer electronics vulnerable to some 4chan asshole who wants to use stuxnet to break your washing machine.
I think this is something a classmate showed me in a computer science class. Me and a few other people pointed out that it’s something with diminishing returns and is closer to a scam.
He didn't hear of the Fon network, which was doing a similar thing, without the crypto, many years ago: you could be a Bill (make some money from people connecting to your AP) or a Linus (you got free access to other Fon APs, instead of making ching ching). They didn't even have an IoT angle (it wasn't a thing)
@@just_epo As long the miners are connected to the internet over cable and not mobile data , right ? But then in an area with cable , not many persons will use mobile data anyway.
Wifi is terribly power-inneficient and low range. Devices usually have to wake up and wait seconds to be reconnected, and there has to be internet access. Lora is completely different in that it is a network all in itself. Any node can have internet access and route the packages, or even work all though the internal network without needing internet access at all. Its range can reach up to like, 15km with a pretty inexpensive device, and it's power consumption is a fraction of the wifi, and it's connection is almost instant from stand by.
@@Squire3555 It doesn't scale like wifi can though because physics. Because of that range, your messages will interfere with messages sent by other people in that area causing both messages to be lost. LoRa seemingly encounters network congestion collapse at only 20 messages per second - that's 20 messages sent by any device in a 5km radius and there's 10's of thousands of devices in region of that size in a typical city. A video call or youtube run some 200 messages (packets) per second, games are typically around 30-40/s, and that's a single device.
They used sales force incorrectly ON PURPOSE so when they “got caught” there would be a big story about it, which there was lol. Master class in disruptive marketing.
Yeah I was almost about to click the buy button on this several years ago. Glad I didn't. I was on the fence because they never actually said what devices connected to the router. It just felt like a "trust me bro" kinda thing
When I heard about it I thought it was interesting but at the time it was already hardly possible to be profitable in a bigger city so I didn't even look into it any further. I think it's one of the better dressed ponzi schemes though.
If you look at these things and think "damn too bad I didn't buy it early" then you really need to re-think your financial choices because you absolutely will lose money investing in shady ponzi businesses. Don't let a couple people that won the lottery convince you to gamble. It's not venture capital, it's simply irresponsible.
I was pretty early in on this project. I was 16/17 and just started with crypto so i was clueless and actually believed this would work. And it somehow did i made around 4/5 times my money back. After some time I realized i was just really early into a sort of ponzi scheme
I had a powerful helium miner setup on my radio store at a popular truck stop. With an array of giant antennas and a lot of through traffic it was actually pretty profitable but I understand that my use case is very niche
There's no reason why you wouldn't be able to build one of these at home, that's why I never bought one. They just made it closed source so the manufacturers can scam people
@@OCtheGYeah the modules they use are easy to find. LoRa (by that i mean the SPI connection between the uC the module) itself is supported by almost all new and mainstream uC.
No they didn't, they made it closed source due to an inherent flaw. That is, if they distributed the source code, you can deploy 100-1000's of nodes in VMs and launch a sybil attack against legitimate validators, spoofing your locations and self validating your fake nodes without actually providing a service to the network. They originally planned to have DIY miners. They instead distributed the keys to manufacturers, which in itself is a problem as it is several centralized points of failure.
@@5ANDW1CHES that's an interesting point, from the sound of it, the economics are inherently broken then. Nodes should've generated income based on the amount of usage they see, though that would be 0 anyways
Fon did pretty much the same with WiFI about 20 years ago... except they didn't rely on crypto. It never properly worked but it was a lot more usable than Helium.
I almost ordered one of these things early on. Mainly because I like the idea of building a secondary mesh network that can live outside of current internet infrastructure if needed. But I thought it was also neat that, at t he time, the miner would pay itself off in a few months' time.
Lmao. I bought two late in the game and still made my money back in two months and made profits a couple of months after that. Now it makes like 20-50 cents a day. Practice no electricity cost either.
I literally shit when I saw you made a video about this lol. My cousin bought my aunt a house with Helium miners. We all thought it was insane. What happened next? My sister and her husband are now at a $22K loss from Helium miners. Thanksgiving is going to be awkward this year. Can you guess where Thanksgiving is this year? My aunts new house. 😂
bought 5 of them, and in Chicago it says it will only take me 33 years to break even on one of them. I threw it in the closet to never been seen again.
He would be better off planting a tree. At least he will be putting oxygen in the environment instead of creating fake helium that has no use to the world.
Omg. I remember once I had my doubts when a guy told me he had something like “a modem that pays you to turn it on in your house.” I was immediately like how? That makes no sense. This video makes it all make sense. Lord.
I had skepticism about this project when i learned they no longer let you make your own hotspots and you had to get an official one. That's not decentralization.
About a year ago a friend of mine constantly tried to convince me to buy one of those boxes, sharing the cost. I never accepted simply because it seemed too good to be true. And in fact it wasn't true. He bought it on his own though... I should ask him how it's going 😅
@@thewhitefalcon8539You could say that about all crypto schemes that they didn't fail specifically because of crypto. But like that obviously isn't important when the fact is that they did fail and it's always because they provided no real value.
I've been as skeptical about anyone about crypto but Helium was the one thing I was willing to try because it actually had a [more] compelling use case. Still, my earnings are definitely down and after $1k of equipment I've mined maybe $250 worth in about a year given the coin's decreasing value.
Well yeah given the current market it's not great. But it's still a very popular coin that has a purpose.. it's not like the network size is decreasing any time soon. I can see it coming back when the market bouces back. Copege
Among all cryptos and NFTs, this is one of few I wouldn’t call fraud because it actual has an use case and benefit. The only thing is miscalculated demand.
@@tomlxyz lol true, I’m a early investor in Nodle, they are literally IOT and Helium’s competitor and it finally hit exchanges yesterday. Let’s just say I went to the sun too.
It’s funny how people are lied upon that they can just do or but something and get decent passive income while forgetting people that reached that point had to work hard to reach it.
That’s….what this was supposed to be? Am I missing something in your question? That’s why they’re saying it’s not working- there’s not enough adoption because it’s not a true network like accessible in many places with good reception, yet people are setting up their little routers thinking it will be , and then no one actually uses it because it sucks. ? Right?
Crypto in general makes Dutch tulips look a sane investment basically these days. Who knew a desire to build an unregulated financial system would lead to non-stop scams….
@@financialfreedomforce8639 Only if you don't understand economics you might think that's the case, and most crypto-bro's and their followers don't have more than a elementary school level knowledge of supply and demand.
Helium is really confusing. Ignores the whole existance of the open LoRaWAN networks like TTN that are free to use and actually get usage, and what is with the cost per node. I spent like ~100 USD to build a DIY gateway based on a raspberry pi and some aliexpress components a few years back, and I can't imagine these guys were using better components than what I had.
Tbh out of all the low effort rugpulls coming out of crypto in recent years, Helium at least has a head and tail. The idea is actually impressive, yet it seems they bet on too many variables, the critical and most brazen ones being the vendor partnerships and LoRaWAN adoption. That would have taken some serious lobbying and big background deals to pull off and that's not exactly a skill among cryptobros. LoRaWAN, while technically a greener option over 5G, is barely even known outside of enthusiast circles and late night wiki surfers, and is turning out to be zombie technology that just never made it.
You know I came across this a year ago and I know all about it and I did my research and at the time it seemed to be a good idea. But I'm glad I didn't go through with it and buy it. Because it only depended on other miners who were in your area and it just didn't seem profitable whatsoever. And it seemed about as useful as those game gift card rewarding apps that take you months to actually build up any revenue to renew one of those. That's the catch
@@markheinle6319 so you don’t believe in doing your own research? Should people just not look into things and fall into scams anyways? I’m just confused on why you decided to say something so random and out of pocket. The No offense doesn’t cover the fact the comment itself was just weird as fuck.
@@Boundless-Boredom seems like a scammer thats butthurt people telling people to do their own research to prevent scams from occuring. is scamming people. (im disagreeing with the clown above )
@@zmoney4689 You know people make money in scams right? people wouldn't run scams otherwise and the earlier you are in the more likely you are a profit.
I haven't even taken mine out of the box yet 🙃. I have set up a few small devices that ping hotspots, sensors and remote devices mostly but it's the perfect example of a really cool technology that hasn't found a great use case yet. The discord seems pretty active tho so even if the foundation goes under I think they could organize a hard fork. They just got a big round of funding from A16z among others so that probably means the end is near.
$$$ also they work in part because of the greater idiot theory. People know they can make money if they can find greater Idiots even if the underlying thing doesn't work. Of course the greatest idiot ends up holding the bag.
Love the videos coffee, IOT is bit more than putting Bluetooth into toothbrushes, like tracking trains and busses, monitoring sensors in construction etc
The elevation of Zilla’s content in general is impeccable! But the growth in which his Crypto Content has become Legendary! We appreciate your hard work. Keep elevating Champ
Actually seems like a neat way to set up a ton of data loggers in an area like a trail or nature reserve. Set up trail cams with transmitters or rain sensors and wind sensors with transmitters and BOOM easy data logging. I wonder if theres a device that would let me send simple emails on the network just to test stuff out. I doubt that your phone can directly patch into the network
The thing is, why do you need a cryptocurrency to do this? You could buy a bunch of ESP-32 microcontrollers (like 10$ each) that have a WiFi and bluetooth module on board, run a server (on an SBC like a raspberry pi) to collect and publish this data somewhere nearby and there's your data logging.
@@paulcote5934 i think you’re missing one of the key aspects to this network. Your answer needs a wifi network to connect to and the research that uses this frequency is stuff like PH sensors in agrarian farms. Sure you could plop down a router every 500 feet OR use this frequency that has like a 1-2 mile range so you can cover your entire farm
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
We've tried to use it as an iot customer. Some parts weren't working, support did not answer, essential functions like downlink messages were missing. It seems that the focus was on selling new boxes instead of onboarding new customers.
Shame.
When they sell them as "miners" instead of "gateways" that focus becomes obvious
So you gave up and never mined?
@@INHUMANENATIONhe wasn't a miner, he was trying to actually use the network to do something useful
@@samkostka126 ultimately though and what matters most is that the network is nothing as described by coffeeshilla over here ;)
If there’s one stupid lesson that crypto has taught us.. it’s that there are no infinite money boxes
Idk the middle class seems to be pretty good
it's called naked shorting sure it's illegal but good luck getting the dtcc or the sec to enforce that if your a big enough company. and sure they might give them a slap on the wrist but when the punishment is 20% the money made its an operating expenditure not a preventative measure or a real punishment
Tether disagrees ....
And crypto is just way too prone to schemers, Ponzi scammers etc like an inferno hell
@@cameronhoglan haha
The money isn't in the crypto, it's in the hype train.
That's not your money though. It goes to the scammers at the top.
@@aluisious be the scammer
@@if7723 yeah yeah yeah dude just jump in at the top. Promise you'll make loads of money if you buy RIGHT NOW!
that statement shows just how little you know about crypto, it all depends on the coin choose right and its very similar to the stock market and the american dollar, do some research because im doing just fine with my setups making me 500 a month as of RN. but i dont suggest anyone get into it without proper research its morons thinking its easy money that are the problem lol
Buy in before the rest, watch the sheep being led to slaughter, don’t be the one caught holding the bag. Profit? 😂
I'm beginning to think that isn't a real 10 million dollar studio.
Duh.
True it's a CGI 10mil dollar studio to hide the details and location of the real 10 billion dollar studio
Bro, stop FUDing
nah it is
He clearly said he is in debt, but I’d put it at 8.5m
The book "This Time is Different" from 2009 examines eight centuries worth of financial scams---hopefully the authors will update it to cover the latest BS that is crypto, NFTs, etc.
man they chose a very suiting title
Highly recommend that book. There is a solid audiobook version too if anyone is interested.
agreed, Reinhart & Rogoff had the most comprehensive book on it (compared to Paper promises, Inflated, and other books on the topic that came around the same time)
They can't, the book would easily triple in size
That phrase seems to be the essence of crypto schemes. Supports claim their project isn't like all the others...until after it's clear they won't be getting their money back. And some will happily jump onto the next project to champion.
Two friends of mine bought $11000 worth of miners.. in February. As much as I love being right, I don't ask them about it
Hopefully they've realized now that crypto is one gigantic flowing grift
If they're not impatient like 99% of Helium miners and investors, your friends will be more than ok.
@@julianob.a.6365 lmao
@@Sentralkontrol Nice argument
@@julianob.a.6365 lmao
"Fuck, Coffee is doing a video on ANOTHER thing my roommate invested in."
"Roommate", sure.
@@Bruceylancer I don't have the disposable income to play the market like a Navy Chief does. He got me to buy 10 bucks of SafeMoon, but he still doesn't think Karony is a scammer.
@@Galaar mine friend was a even sadder case, guy all of his meagre savings in Bitcoin, I tried to convince him that the market was too unstable and now here we are.
@@Galaar guys lucky he will have that retirement...
@@Jim_WoodPike_Gherkin_WangWick when did he buy? Cause there’s a TON of us still in the green
Excellent, excellent analysis. We've been sounding the 'alarms' since the very beginning - not on the crypto side, as we don't know much about crypto, but on the 'technical/RF' side, which is what we know best - and even tried more than once to let Helium know some things (network testing, antenna placement, coverage, capacity) didn't add up. They didn't listen - or didn't want to. It's a huge shame because it doesn't do anyone justice: the investors, the users, the crypto/IoT/engineering/RF sectors: Everyone is a loser here, although some more than others...
I never heard criticism of the RF side. Where were the problems? Does Meshtastic have similar problems?
What do you think about their 5G hotspots now? You only get rewarded if an ISP offloads onto your hotspot but the specific details on how that is decided remains proprietary/closed. They've managed to pull it off a 2nd time around, but I know this will fail too.
@@HilgaSchezner I don't understand the confusion here. Was this video created previous to helium mobile and helium internet?
There are many who make an insane amount of mobile, cell rewards, data credits and IoT daily.
I hope the helium hardware can be open sourced to allow it to become a proper lorawan gateway.
maybe when the company eventually collapses.
It was originally, unfortunately they licensed it to a few producers that could not keep up with demand. And then take a look at the income stream. The income from data packets cannot support the infrastructure.
As far as i am concerned - lora isn't an open standart, aka at best they could open source everything but the actual lora module and i am guessing that's exactly where the bottleneck in manufacturing was since lora isn't exactly a wide adopted standart at this point.
#1 problem here. The average person doesn’t understand crypto, nor will ever. Using crypto and something as complicated as blockchain (that 90% burns more in electricity bills than it makes in money), is a horrible business idea and will never be adopted widespread. Crypto bro type people will always pray that everyone will want it, but its simply not sustainable when it just cannot provide real world material assets
@@goldenhate6649 "but you dooont understaaaand brooo" the battlecry of crypto bros trying to push normal people to lose money so the bros could recoup their costs.
These guys have figured out how to tap into the desperation market. They know people are struggling, so they keep putting out 'free money' boxes because they know people will buy them.
"money printing machines" Dark RP vibes are strong with this one
You guys just don't get it, like at all. The value of HNT is from REAL MONEY that was put into that market. It's not just value from thin air, as you're suggesting.
@@seriousskateboarding9938 cope
@@seriousskateboarding9938 Your copium tank's running low.
@@lostman313 seethe
@@seriousskateboarding9938 yes and the issue was that not enough money was coming into the market to support the market, leading to its collapse. The same issue that inevitably happens with Ponzi schemes, or MLM's...the money dries up.
If this could create a distributed WiFi network allowing people to just share their fibre connections at home and then borrow while out would work pretty fine. This could mitigate massive data fees to relatively cheap fibre connection.
But ISPs and wireless operators would definitely have problem with that.
you do realize Fon was a thing, right?
@@9peppe 'was' being the keyword here
Very well explained! As you say, it's quite a complicated ponzi-like scheme where miners FOMO'd into these boxes due to the returns but were really getting paid by new miners. Quite clever really because it looks like a business offering a legit service and you'd only cotton onto the scheme if you knew how few people are really buying the service.
if thats your 2 dimensional understanding of a ponzi scheme you do you man
not at all explained. He hasn't talked about any of there partnerships nor the companies actually using the chain. If you don't understand something don't make a BS video on it. complete reach he never even talked about DINO or T-Mobile lol
@@TycenYT heavy shitcoin-bag or...?
@@TycenYT can you elaborate? T-mobile is not listed and DIMO seems to be another crypto scheme but related to cars, is there any info to dispute the lack of demand?
@@TycenYT hello conman. Cares to explain ?
A friend was trying to get me to do this 6 months ago. I told him I couldn't see any customers and I thought it was a Ponzi scheme
Well, it is.
@@Yora21 I've already made back my cost of the miner, people are coming in late and complaining that its a scam, lol.
Edit: I guess arriving early to the party is considered a scam or Ponzi scheme now? Really simple: if I had to share a pizza with 3 people or 8 people in which situation would I get more pizza?
@@discontinuity ur a dbass. A ponzi works when the first few can cash out, luring more in.
@@discontinuity yeah that's literally what happens in ponzi schemes
Which part of helium do you think is a Ponzi scheme, who am I selling on buying miners? Coffeezilla didn’t even understand the network and how rewards are distributed, onboarding new miners and fees are not paid to other miners.
Turns out, you don't need an Internet of Things if you don't buy any Things to Internet.
This guy doesn't realize he's on the internet.
Passive income, high apr %, staking rewards... The biggest red flags in crypto.
Helium: makes your voice high pitched when you realized you've been scammed.
It's like it's just a bunch of gas floating away
i can see it coming... how this man might expand out of his small 10 million studio box into a way bigger Network. As the real things of the internet get spread and eaten up by this worlds population. so cool seeing you get even more a feeling of how to pack in the concerning points about topics and people but still letting yourself stay so unassailable. totally appreciated!
I was always curious on what the helium network actually did and why it made money
lol, exactly my first thought since the very beginning, it is just one more ponzi.
It was supposed to establish an IoT mesh. Basically any devices that used IoT technology were going to be able to exchange data on the cheap through this network. i.e. dog tags, tracking devices, bags, cars, etc
That was the idea anyways
@@WhereAmEye2187 iot is kek. Same as vr. Its all kek doa 'tech'
@@ivaerak VR is great though. It just develops kind of slowly. But the core tech works perfectly as it should work.
@@WhereAmEye2187 who was supposed to pay to use this mesh service
I'm surprised at how willing people are to just throw their money away on these things.
Everyone wants quick money, but people fail to realize is that there isn’t a thing as free money let alone just let the money come in by letting it sit. That just doesn’t make any sense.
they literally just saw that other people were making money and they did the quick math and hoped in. Most people in the crypto space still don't understand how any of it even works.
@@AikiraBeats I mean I made 4k net off of two helium miners but sure
i swear i'm the only one who comes from a poor family and isnt a trust fund baby with millions of dollars in inheritance to squander.
@@ZentexE you fail to see the big picture. Which is why in the long run you're a sucker. Sure some people will win the lottery, or some money on a slot machine.
I bought a helium miner 2 years ago because at first I liked the idea, but I sold it with 100% profit 1 year ago. I saw this coming. Best decision ever.
smart
still think that was the right descision? i just waited 4 years, and now reaping the rewards
Oops what a horrible decision lmao 😂 You must be kicking yourself hard right now. You really sold in a bear market at $2, and now it hit $11 earlier. Potentially going up into the $60 range or so 💀💀💀 just here to remind you of your “best decision ever” 🤣🤣🤣🤣🤣🤣
@@Mr.VoidScaper It was. It might have a price pump becuase of traders speculating, however if it has no use, it will quickly fall again. All these weird crypto coins also often has a spike when some influencer hypes them, but there owning them before these events is just luck and not a right decision
LMFAOOOO
It's funny how people think IoT is the best thing to happen. I was taught at a government security facility that if a target has IoT devices, it's only a matter of time before you are able to compromise them.
hmmm...apps to unlock doors to houses and cars, turn on heaters and A/C units, turn on water faucets, run vacuums, record programs...what could possibly go wrong or get hacked? pffft....
"Matter of time" = Less than a day if the target is an average household. Doesn't even need IoT, your smartphone is enough. Your SIM card has root access, it's "easy" enough to make it download malicious programs onto your phone. That's how the gov't does it most of the time to access a target's camera, microphone or anything else really. You can protect yourself quite easily against untargeted attacks, but the moment someone targets you specifically you're fucked unless you have whole teams monitoring your systems and networks 24/7. Even Jeff Bezos got hacked and easily at that.
@@EldeNice fucking glowies
Not if you have something like ZigBee devices that only connect to a local gateway (and thus can't directly access your LAN). Stuff that connects directly to WiFi tends to be terrible, because hardware companies often suck at software, and especially at security. If however everything only works locally, and you can only access it remotely through a single well-secured point (though granted many cheapo gateways and the clouds they connect to aren't great - but you can run your own on a Raspberry Pi or something), it's a much better situation overall.
@@gumbo64 That doesn't mean what you think it means
When I first heard of helium, I was really interested. But then I went to research how the mining happens and where the money comes from and noped out quickly
Btw don’t engage with what I believe is a bot above
Nah bro that's my man coffee
Your loss there, the early days when crypto was at a high were nuts
@@RGBeanie it's not a loss if it's just a mirage
Lol when it hits 5 billion mc you’ll regret selling ….. 😂 it’s goin nowhere but up !!!!!!
I never thought I needed USB socks until watching this video
I was making around $10000 a month until I saw what was going on. The data credits went no where. The deals never happened with IOT devices. And... the ponzi became evident. There is also a lot you left out such as major investors who built "giveaway hotspots with shared earnings" around companies and made "side deals" with IOT companies of there own. Like you said, eventaully a ponzi goes bust and thats what happened with helium, and now they are scrambling to keep it alive and suck maximum amount from people who are willing to keep sending them, and their partners, money.
They might be trying to land big partnerships first to try and tap into their large reach before later deciding to open up to the broader audience, where a few small companies may have the potential to gain marketshare thus allowing Helium to ride their success.... My personal speculation is they're seeing what large companies will bite.... if they don't they're gonna need to rethink their strategy.
Did you completely cash out before it crashed?
@@Happy-go-luckyTV lmfao, copium is strong, if they CAN land a big partnership they would have already done so in the past when they were at their peak and they would have brag about it everywhere.
I doubt any big companies would even touch their product with all these bad press and especially their data transfer credit revenue being only 2.5k usd per month, there's no chance they would land any partnership lmfao
@@Happy-go-luckyTV hopium
riddle me this batman...how was salesforce going to use the platform....????
Hehe the helium balloon popped.
It sucks because companies like this with a "value" got me excited in crypto. I'm glad I didn't buy a miner.
i bought 2 cause the utlity made me think that unlike most cryptos this one actually had value....
i lost about 1.5k worth combined after my mining rewards
It had promise but the team dropped the ball. Crypto is viable but 99% is trash
Same
Yeah me too. Still kind of want one though lol
@@bendan2505 The machines are listed as being about $450, how'd you lose $1.5k on 2 machines?
It’s not a Ponzi Scheme, it’s a Pyramid Scheme. In fact, it’s the exact definition of a Pyramid Scheme.
it's Ponzi as there was no referral income
So a buy in that will never be cost effective, setup fees, verification fees, location transfer fees, additional misc. hidden fees, and the entire thing is a system based on the participation of other users and on boarding more users?
*THIS IS A TIMESHARE!*
Taking all your old videos off of private was a goated move Coffee 🙏 Love the old videos
"Passive Income" has become a real red flag phrase. Like I know it's a legitimate thing, but whenever I hear a RUclipsr mention I tune them out
some of the only "passive" income is when you do like invest into real estate.
and even that is not that "passive" as you still have to
1. find someone you rent your apartment to
2. fix something when it's broken
3. research legal things to consider
4. taxes n shit
5. other stuff like facility management
I see it with my mom. it's alot of doing phone calls and running after people...
the only real passive income is intellectual property ownership, and its only passive income if you can successfully license it after the huge number of unpaid hours of labor that initially went into it
If you have that kind of talent and hard-earned skill and a library of past works, you can generate passive income. Thats just about the only real good way. Might also be able to get passive income from renting a botnet or scamming crypto enthusiasts.
Bad move. I can live comfortably off passive income just from the crypto I’m stalking.
It’s not a real thing. If you are making money without selling your labor you’re stealing someone else’s labor
12:30 so what coffeezilla saying is theres a chance.... 😉
0:45 Not… the greatest wording.
It's interesting because in the middle of the video I was thinking "I wonder how much more useful this would have been as a cellular thing". And then I got near the end where you mentioned they pivoted into 5G. What an interesting turn, almost like they should have done that from the start.
I could care less about crypto and NFTs but never miss an episode. You seem like a cool dude, you're a smart ass and I'm sure interesting to hang w. I appreciate a witty smart ass. Congrats on the success.
Couldn't care less*
"I could care less" means you care at least a little bit and, well, could care less than that
@@tomlxyz it's how the expression goes get over it
@@tomlxyz it's how the expression goes get over it
@@vuixcagua1789 No it's not. "could care less" makes no sense and people have just been saying it wrong
Thanks bro
Yeah my boss had his brother convince him to put a couple up in our shop because I guess it’s a good area. Wonder if he’ll come to get them soon
I seriously do not understand how so many people just didn’t grow up mentally and truly believe multiplying free money just exists which is just mental.
The fatal flaw in the plan? Everyone is walking around with a fully functional hotspot in their pockets.
dun dun dunnnn, then Helium made 5g networks that access those machines in our pockets.
Do phones do lorawan?
@@deepspacecow2644 Just what we need - long range WIFI coming from a device that is 10 feet away from our computer and AppleTV.
@@deepspacecow2644 No
Spent about $20k between Helium and PlanetWatch. Now I’m slooooooowly paying off my credit card debt and suffering through a serious hopium hangover.
Sounds good!
Fuuuuuuck dudee
same
1:35 I know people usually talk about IOT like the main use case is leaking deeply personal information to anyone who bought an RFID scanner, but my preferred utility is making consumer electronics vulnerable to some 4chan asshole who wants to use stuxnet to break your washing machine.
Wouldn’t it be funny if that were a $50 raspberry in a fancy enclosure 😂
I think this is something a classmate showed me in a computer science class. Me and a few other people pointed out that it’s something with diminishing returns and is closer to a scam.
He didn't hear of the Fon network, which was doing a similar thing, without the crypto, many years ago: you could be a Bill (make some money from people connecting to your AP) or a Linus (you got free access to other Fon APs, instead of making ching ching). They didn't even have an IoT angle (it wasn't a thing)
You must work so hard on this channel, the quality and quantity of your videos is incredible.
Thanks bro
Its just that helium in america is the worst possible area to be deployed, where wifi is already basically everywhere
helium actually have potential to replace mobile data towers in the right conditions
@@just_epo As long the miners are connected to the internet over cable and not mobile data , right ? But then in an area with cable , not many persons will use mobile data anyway.
Wifi is terribly power-inneficient and low range. Devices usually have to wake up and wait seconds to be reconnected, and there has to be internet access. Lora is completely different in that it is a network all in itself. Any node can have internet access and route the packages, or even work all though the internal network without needing internet access at all. Its range can reach up to like, 15km with a pretty inexpensive device, and it's power consumption is a fraction of the wifi, and it's connection is almost instant from stand by.
@@Squire3555 It doesn't scale like wifi can though because physics. Because of that range, your messages will interfere with messages sent by other people in that area causing both messages to be lost. LoRa seemingly encounters network congestion collapse at only 20 messages per second - that's 20 messages sent by any device in a 5km radius and there's 10's of thousands of devices in region of that size in a typical city. A video call or youtube run some 200 messages (packets) per second, games are typically around 30-40/s, and that's a single device.
They used sales force incorrectly ON PURPOSE so when they “got caught” there would be a big story about it, which there was lol. Master class in disruptive marketing.
I watched you 3 years a go, then just a day ago i suddenly saw your channel again, and im glad i did just subbed aswell, keep up the great work :D
Yeah I was almost about to click the buy button on this several years ago. Glad I didn't. I was on the fence because they never actually said what devices connected to the router. It just felt like a "trust me bro" kinda thing
You would have made good money if you bought it years ago.
Buying a bobcat yrs ago would have made you bank dude
When I heard about it I thought it was interesting but at the time it was already hardly possible to be profitable in a bigger city so I didn't even look into it any further. I think it's one of the better dressed ponzi schemes though.
You missed out hard few Years ago you would of been so early and made a killing.
If you look at these things and think "damn too bad I didn't buy it early" then you really need to re-think your financial choices because you absolutely will lose money investing in shady ponzi businesses. Don't let a couple people that won the lottery convince you to gamble. It's not venture capital, it's simply irresponsible.
I was pretty early in on this project. I was 16/17 and just started with crypto so i was clueless and actually believed this would work. And it somehow did i made around 4/5 times my money back. After some time I realized i was just really early into a sort of ponzi scheme
like everything else in crypto is too. I hope you realized it now and you pulled out of the crypto swamp
How much did you make anyways?
@@lordsysop around 3/4k Euros
@@HeavyMetalGamingHD I dont really think all crypto's do the same but im definetly staying aways from stuff like these
I had a powerful helium miner setup on my radio store at a popular truck stop.
With an array of giant antennas and a lot of through traffic it was actually pretty profitable but I understand that my use case is very niche
They've actually grown alot since this video came out.
@@jamesieboy666 it was still good profit when I moved. I just live in the middle of nowhere now so no point in keeping it running
There's no reason why you wouldn't be able to build one of these at home, that's why I never bought one. They just made it closed source so the manufacturers can scam people
Zero reason I shouldn’t be able to flash a Raspberry Pi and solder an antenna on and have equivalent functionality.
@@OCtheGYeah the modules they use are easy to find. LoRa (by that i mean the SPI connection between the uC the module) itself is supported by almost all new and mainstream uC.
exactly, I love mesh networks but the execution is so bad here that it wouldn't be wild to assume it was just a hustle the whole time
No they didn't, they made it closed source due to an inherent flaw. That is, if they distributed the source code, you can deploy 100-1000's of nodes in VMs and launch a sybil attack against legitimate validators, spoofing your locations and self validating your fake nodes without actually providing a service to the network. They originally planned to have DIY miners. They instead distributed the keys to manufacturers, which in itself is a problem as it is several centralized points of failure.
@@5ANDW1CHES that's an interesting point, from the sound of it, the economics are inherently broken then. Nodes should've generated income based on the amount of usage they see, though that would be 0 anyways
Fon did pretty much the same with WiFI about 20 years ago... except they didn't rely on crypto. It never properly worked but it was a lot more usable than Helium.
*SEND ME A DIRECT MESSAGE RIGHT AWAY*
I almost ordered one of these things early on. Mainly because I like the idea of building a secondary mesh network that can live outside of current internet infrastructure if needed. But I thought it was also neat that, at t he time, the miner would pay itself off in a few months' time.
same here man, I guess we dodged a bullet there lol!
Me three. I got saved by shipping delays. Eventually canceled my order and Helium fell apart. We all dodged a bullet.
@@LungMing23 We definitely dodged a bullet
@@Smokescreen568you should check again. You didn’t dodge a bullet. You missed your chance
Lmao. I bought two late in the game and still made my money back in two months and made profits a couple of months after that. Now it makes like 20-50 cents a day. Practice no electricity cost either.
I literally shit when I saw you made a video about this lol. My cousin bought my aunt a house with Helium miners. We all thought it was insane. What happened next? My sister and her husband are now at a $22K loss from Helium miners. Thanksgiving is going to be awkward this year. Can you guess where Thanksgiving is this year? My aunts new house. 😂
Lmaooo 😂..why can’t I stop imagining this playing out.
Why did he put them all in one spot? Stupid idea
bought 5 of them, and in Chicago it says it will only take me 33 years to break even on one of them. I threw it in the closet to never been seen again.
My friend has a helium miner and over the span of a year he made like $50 lol
lmao
I mean, that would be pretty okay if he lived in a 3rd world country like Vietnam or Cambodia.
they cost 400 dollars lol
He would be better off planting a tree. At least he will be putting oxygen in the environment instead of creating fake helium that has no use to the world.
@@omnomnomnomnomnomnom $50 per year would not be enough even if you're in a 3rd world country.
I spent around $800 to buy one when I was 13-14. I severely regret it to this day
Isn't an HNT token worth $8 now?
Omg. I remember once I had my doubts when a guy told me he had something like “a modem that pays you to turn it on in your house.” I was immediately like how? That makes no sense. This video makes it all make sense. Lord.
3:43 RUclips family channels be like
I had skepticism about this project when i learned they no longer let you make your own hotspots and you had to get an official one.
That's not decentralization.
About a year ago a friend of mine constantly tried to convince me to buy one of those boxes, sharing the cost. I never accepted simply because it seemed too good to be true. And in fact it wasn't true. He bought it on his own though... I should ask him how it's going 😅
Helium was the example crypto skeptics even considered it a possible use case. And it still failed
These things just seem to keep imploding.
The only crypto with any use is monero, but only because it allows you to privately buy drugs
Did it fail because of the crypto though? Not really. Sometimes legit ventures just don't work out
@@thewhitefalcon8539You could say that about all crypto schemes that they didn't fail specifically because of crypto. But like that obviously isn't important when the fact is that they did fail and it's always because they provided no real value.
you know what they say, if it's a ponzi, get in on the ground floor
I've been as skeptical about anyone about crypto but Helium was the one thing I was willing to try because it actually had a [more] compelling use case. Still, my earnings are definitely down and after $1k of equipment I've mined maybe $250 worth in about a year given the coin's decreasing value.
but thats really nothing to do with "crypto" but a failed follow through by a company, like any buisness
Well yeah given the current market it's not great. But it's still a very popular coin that has a purpose.. it's not like the network size is decreasing any time soon.
I can see it coming back when the market bouces back.
Copege
1/4 cost in 1 year is good in any business
@@samuelwhittenburg8742 not if the returns continue to diminish towards 0.
Wow I've made about 3k with mine and I started OCT LAST YEAR so idk how yall not making anything
I need to invest in ActualCoin, so I get a dollar every time Matty uses the word “actual“ or “actually“. I’ll be Scrooge McDuck in a week and a half.
Dude you are absolutely my favorite scam buster 👍
@4:54 reminds me of how I hear Subway sells franchise locations...LOL
Among all cryptos and NFTs, this is one of few I wouldn’t call fraud because it actual has an use case and benefit. The only thing is miscalculated demand.
Someone in crypto lied? Nah, to the moon... right?
To the sun would be more correct as they keep getting burned
@@tomlxyz lol true, I’m a early investor in Nodle, they are literally IOT and Helium’s competitor and it finally hit exchanges yesterday. Let’s just say I went to the sun too.
It’s funny how people are lied upon that they can just do or but something and get decent passive income while forgetting people that reached that point had to work hard to reach it.
I remember back in the day about the ads of everything with Internet, even your trash can
Please go over there new Helium 5G network and if there partnership with T-moble or AT&T is a thing.
Why doesnt a company make a coin like this but sharing wifi, like you buy data and can access any hotspot hosting it? Using existing hardware??
I have to be missing something
That’s….what this was supposed to be?
Am I missing something in your question?
That’s why they’re saying it’s not working- there’s not enough adoption because it’s not a true network like accessible in many places with good reception, yet people are setting up their little routers thinking it will be , and then no one actually uses it because it sucks.
?
Right?
Crypto in general makes Dutch tulips look a sane investment basically these days. Who knew a desire to build an unregulated financial system would lead to non-stop scams….
At least Tulips are tangible, this is more akin to the South Sea Bubble
No different that real life and non-crypto. becareful what you inject
@@financialfreedomforce8639 sure. currencies backed by national reserves are no different than " let's take this to the moon"
@@financialfreedomforce8639 Only if you don't understand economics you might think that's the case, and most crypto-bro's and their followers don't have more than a elementary school level knowledge of supply and demand.
hahahahaha kermit de kiker
Helium is really confusing. Ignores the whole existance of the open LoRaWAN networks like TTN that are free to use and actually get usage, and what is with the cost per node.
I spent like ~100 USD to build a DIY gateway based on a raspberry pi and some aliexpress components a few years back, and I can't imagine these guys were using better components than what I had.
Even not DIY gateways are less than $200.
The folks behind Etherium still can not produce fast and reliable 'decentralized' networks ... so, why do these people think they can do any better ?
Would be interested in an update. People raving about it again.
I'm wondering how hard or easy it is to turn an idea into a pyramid scheme
So you're telling me that networking toothbrushes wasn't the magical path to millions it was hyped to be?
Was planning on getting one, thank you so much
Coffee should do a video about drop shipping in general I'd love to see that
6:54 oh wow, it's real life Shrek
Can you do an update on Helium now that it has 5G?
lol. cope.
Internet of things devices, also called home network attack vectors
Bingo
as predicted , your hex bag is dying. one day heart will dissapear and hex goes to .000000000000000000000001
pulse will NEVER happen . its over
Tbh out of all the low effort rugpulls coming out of crypto in recent years, Helium at least has a head and tail. The idea is actually impressive, yet it seems they bet on too many variables, the critical and most brazen ones being the vendor partnerships and LoRaWAN adoption. That would have taken some serious lobbying and big background deals to pull off and that's not exactly a skill among cryptobros. LoRaWAN, while technically a greener option over 5G, is barely even known outside of enthusiast circles and late night wiki surfers, and is turning out to be zombie technology that just never made it.
Bums me out how new unregulated tech always gets devoured by scammers.
Thank God someone is finally talking about this, I stumbled upon this rabbithole a few weeks ago and found it insanely interesting
First time I've seen a video a minute after posting, hope it's a good one as usual coffee!
So was it?
You know I came across this a year ago and I know all about it and I did my research and at the time it seemed to be a good idea. But I'm glad I didn't go through with it and buy it. Because it only depended on other miners who were in your area and it just didn't seem profitable whatsoever. And it seemed about as useful as those game gift card rewarding apps that take you months to actually build up any revenue to renew one of those. That's the catch
"did my research" lol no. thats not a thing. thats just something ya'll tell each other to join each others scams. no offense obviously.
Haha yeah ok I made over 10k off my 400 miner. Stay broke pleb
@@markheinle6319 so you don’t believe in doing your own research? Should people just not look into things and fall into scams anyways? I’m just confused on why you decided to say something so random and out of pocket. The No offense doesn’t cover the fact the comment itself was just weird as fuck.
@@Boundless-Boredom seems like a scammer thats butthurt people telling people to do their own research to prevent scams from occuring. is scamming people.
(im disagreeing with the clown above )
@@zmoney4689 You know people make money in scams right? people wouldn't run scams otherwise and the earlier you are in the more likely you are a profit.
I haven't even taken mine out of the box yet 🙃.
I have set up a few small devices that ping hotspots, sensors and remote devices mostly but it's the perfect example of a really cool technology that hasn't found a great use case yet. The discord seems pretty active tho so even if the foundation goes under I think they could organize a hard fork. They just got a big round of funding from A16z among others so that probably means the end is near.
seems active with people that got scammed
Why are people always looking to scam? Is it because they simply can?
Thats pretty much it.. if only people can stop being ignorant and stupid..
@@Anonymous-ld7je also why do you think people get rich lack of empathy
$$$ also they work in part because of the greater idiot theory. People know they can make money if they can find greater Idiots even if the underlying thing doesn't work. Of course the greatest idiot ends up holding the bag.
yup
LOOOOOOOVE THIS VIDEO.
ANOTHER BANGER Detective.
GREAT WORK, Absolutely Brilliant.
💚😎
Love the videos coffee, IOT is bit more than putting Bluetooth into toothbrushes, like tracking trains and busses, monitoring sensors in construction etc
Might still have to be scrapped though. In the future we will have to save energy.
@@bobfg3130 These kind of sensors barely use any energy.
@@bobfg3130 The reason it seemed like such a good idea is because they used very little energy and only when needed.
@@WhereAmEye2187
No, they use energy all the time. If they don't use energy they don't work.
The world opens a new dimension and they call it AMZ75X
Iot is much more than connected toothbrushes, it is a lot of useful things in science, medical, industrial, and useful sensors.
The elevation of Zilla’s content in general is impeccable! But the growth in which his Crypto Content has become Legendary! We appreciate your hard work. Keep elevating Champ
Actually seems like a neat way to set up a ton of data loggers in an area like a trail or nature reserve. Set up trail cams with transmitters or rain sensors and wind sensors with transmitters and BOOM easy data logging. I wonder if theres a device that would let me send simple emails on the network just to test stuff out. I doubt that your phone can directly patch into the network
However, you won't be able to send video over the network.
@@logictechratlab8787 Go home, NPN transistor, you're drunk
@@eitantal726 🤣
The thing is, why do you need a cryptocurrency to do this? You could buy a bunch of ESP-32 microcontrollers (like 10$ each) that have a WiFi and bluetooth module on board, run a server (on an SBC like a raspberry pi) to collect and publish this data somewhere nearby and there's your data logging.
@@paulcote5934 i think you’re missing one of the key aspects to this network. Your answer needs a wifi network to connect to and the research that uses this frequency is stuff like PH sensors in agrarian farms. Sure you could plop down a router every 500 feet OR use this frequency that has like a 1-2 mile range so you can cover your entire farm
That's going to be a lot of e-waste.
this aged good