Mining Helium ($HNT) - Is It Worth It? How Much Do You Make A Month? (Answering Your Questions)
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- Опубликовано: 2 авг 2024
- In today's video, we take a look at all your questions surrounding Helium and mining Helium. (lately my 3 miners have been earning 4-6hnt daily)
watch out for spammer in comments pretending to be me. I have a RUclips checkmark near my name & I don't use Whatsapp
MNTD Helium Hotspot Miner Ships Immediately (next Inventory drop Nov 16th 10am CST): getmntd.com/?ref=wd9v3oozwl4g
Bobcat Helium Miner: www.bobcatminer.com/?ref=jimm...
You can Buy, Sell & Trade Helium on these two Platforms. If you're not signed up on either, feel free to use my Referral links:
Crypto.com - crypto.com/app/jac7npmcha to sign up for Crypto.com and we both get $25 USD :)
Binance.US - accounts.binance.us/en/regist...
My 3dbi Antenna: amzn.to/3rajlze
www.Helium.com
www.explorer.helium.com
Timestamps:
0:00 Intro
1:04 How Much Is A Miner?
5:28 Which Miner Is Best?
6:03 Inventory Issues
6:41 How much Helium A Day?
8:48 Is it safe? How much energy?
10:43 Which Antenna Is best?
12:03 What Is Helium?
12:58 How Long To Pay Off Miner?
13:55 Where & How to set up?
14:48 How to sell Helium?
16:12 How Much you Earn a month?
16:55 How/Why We get rewarded HNT?
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Twitter: / jimmyispromo
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PRIVACY POLICY and FULL DISCLOSURE: °Jimmy Promo is a participant in the Amazon Services LLC Associates Program. Program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com °If you purchase something from my affiliate links I will get a small commission with no extra cost to you. This makes it possible for me to make more videos. Thank you! °I DO NOT collect, store, use, or share any data about you. SAME GOES FOR HELIUM MINERS & their 3rd party manufacturers. I am Part of their Affiliate Program
°None of my videos serve as financial advice. Entertainment purposes only.
#Helium #HNT #Cryptocurrency 
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MNTD Helium Hotspot Miner Ships Immediately (next Inventory drop Nov 16th 10am CST): getmntd.com/?ref=wd9v3oozwl4g
Says not available in my area. Not available in USA ?
Not available in the U.S yet apparently. :/ . Hey if I do get a Helium miner, do you think it's still worth it?
What if I order this with a VPN based in USA? OR is the United states restricted bc of no hotspots here?
So far people in my area are getting an average of 6 HNT monthly, some get 10 some even get 0 but according to the video, people are getting much more monthly such as 200 per month. So does the quantity of HNT slows down rapidly?
Do you have an email address?
I’ve been searching helium mine for the last 6hrs & your the first person that truly help me understand it. I Love your cell phone Tutorials & tips/tricks, now your doing crypto turtorials . My friend you are the best. You are a true life saver.
I just stumbled across your video because I was researching mining helium, I had to subscribe immediately because you go a great video right hurr with great information!
Thanks bro, people like you are gems honestly,wellpresented and clear, I think even someone with absolutely no knowledge of this concept would get it after watching your vid
Hodl and get a miner like rissminer and you will be thanking yourself
*When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance*
After watching so many RUclips tutorial videos about trading I was still making losses untill Mr George William started managing my investment. now I make $6,800 weekly. God bless Mr George William . His been a blessing to my family.
Personally as a first time investor, I started trading with Mr George William With $1,000 now my portfolio is worth $5,400 within the space of few months trading with him
A friend that I referred to him from UK just received£9,055 profit after 14days of trading... just jealous asf...lol
I'm so happy ☺️ my life is totally changed. I've been earning $10,250 returns from my $4,000 Investment every 13 days all thanks to Mr George William
on investing since I started trading with Mr George William his trading strategies are too notch am winning consistently trading with Mr George William . He really the best broker I've made a lot of profit investing with him.sting with Mr George William and how good he is, please how safe are the profit?
Yep this answered all my questions! Thanks for the great info Jimmy! Will follow those links if I go for this foreshore. Cheers and sunny days 😎
Thank you for the thorough review made me more confident in purchasing the nebra miner :)
will prob get one of those 9dbi antennas as well. cheers!
9dbi id good but Nebra miners are very nad
@@ukaszseliga3970 What is 'nad'?
Thank you for this very rewarding video!
i just ordered a nerba because of this video, I hoping for the best thanks
I know nothing about computers how they work or anything IT related but this was really interesting and super straight forward!!
This is one of best explains I ever seen , thank you!
Thanks for the great video.
Few questions:
Does all the IoT devices (like industrial tank sensors) can be made compatible to helium low bandwidth WiFi signals?
Or apart from dog collar and bikes, what are the IoT use cases a common person is using?
In terms of the range, does the Antenna covers a 360 area and 10 miles radius?
Thank you for the discount code! I just bought 3 miners!
How much i earned
@@zaidamaan86 I'm still waiting for the miners to arrive lol
Thank you for the videos ordered 2 Nebra indoors mines !!!!
Respect!! You explained very well🙌🏽
Really a great packed full video. Thanks
Do u need a 3rd miner to witness the other two miners?
Ordered a total of 6 to start in various geographical locations. I’m excited to make some passive income
How is your passive income so far?
@@HT-te6hg fr
@@JaysBaretta Idk if it has been shipped to him yet
You can't have 6 in one home you need to spread out over several houses away
Its possible i want too
Just ordered 18 RAK Hotspots plus 18 8 dbi Antennas together with a friend. Thanks for your discount, saved us a couple hundred bucks. Can't wait to start mining! (Even tho they will take a while to arrive..) Thanks for the great video.All the best
By the time they arrive this thing will prooly not be worth it anymore :)))
@@raidaru lol probably
Awesome content. Subscribed allready and the bell is ticked! 👍🏼🙂
Wow Jimmy, I was looking for a video like this one and you nailed it. Could you cret=ate a playlist of Helium related videos...cheers
Hey is all radius of helium miners the same like 10miles because I'd dont know
@@adamdupes2574 I think with a third party antenna it could go up to 10 miles but the one it comes with goes 3 miles or so. Not too sure
@@ActiveDodger what about bob cat helium miner it comes with antenna
@@adamdupes2574 it does and Jimmy has a great video ruclips.net/video/qyBs5ZN0ozo/видео.html
@@ActiveDodger yup bob cat 10 miles it goes out I'll make 900 something a month I'f I buy
I am from KC , happy I found this😁! You got a subscriber ! Thinking of ordering one !
Hi, I am from kc too
I ordered two from your links below. Jimmy, thanks.
Thanks you Jimmy 🌈🙏 for all your HNT miming knowledge, I’m kinda new in Crypto’s world I will learn a lot from you Jimmy since I’m living Wichita KS not really far from you by the way 🧐
Its cool, but Ill stick to my M2 Pro Miner
it only costs $2,500, no thank you
Going to buy one of these, set it up at my university apartment! LOL might aswell make the most of all the free electricity :)
it cost 10 dollars to move it so not a bad deal
if so get a gpu mining rig lol
How much do you make on it
Thank you so much for your video.. you made me understand how the network works.. QUESTION, do you need HNT to get started with the mining? Some projects require you to have a certain amount of the coin/token to qualify for it.
Thanks Jimmy I just bought 2 miners from your link
Thanks for great explanation.
Do you know if there is a hot spot which uses Sim Card (4G) internet instead of WiFi or Ethernet?
I had the same idea lol. Might aswell use your phone as a interbet provider
I ordered the helium hotspot and am waiting 6 months, the m2 pr miner got delivered to me in 1 week
butterfly labs ?
Hey, love your videos! How do you secure all 7 challenges on your helium miner to get the max coins per day? It seems like most people are only able to secure 5/7 challenges? (the green bars you show on your video for the question: how many helium per day can I mine)
Fantastic video. Thanks so much!
what will happen to all miners when HNT reaches max supply?
Is that the total reward you get between your miner at your own house and neighbors house or do you guys both get the increased reward for each miner. I’m just curious what your neighbors incentive would be if he gets nothing from your miner in their house especially if they’re going to buy their own.
Good question.
Still no answers.
The answer is at 13:20
Thanks for explaining it in a easy way.
1st video of yours I am seeing. Subbed and ❤ from WV.
Thanks for vídeo. Im trying to follow the money. The revenues come from users who pay to use the Helium network , but what if there is no one using or owns IoT products that require Helium b/c there is no Helium coverage yet? Is it a “build it and they will eventually come” business model?
Hit me up✈️✈️
For more info##
Make sure you check your location, no other hotspots and you will make next to nothing, also the more units that come online the less you make. Halving coming soon too so amount mined will be halved most of the hotspots I saw were making about 0.5 hnt a day but even that is good at current prices. Just remember by the time your unit arrives this might be much lower
How do you check if my location is good?
@@cjay6068 use the helium coverage map
Really great video my question is how many hotspot you can buy to put it in your home?! Thanks
Perfect explanation, thank you!
I've been mining with the MXC M2 Pro for 4 months now and I love it, how does this miner compare?
I think you are in good shape with what you have there
How much have you made so far?
Literally JUST got my tracking number for a free RAK miner I got accepted back in January. LETS GOOO
How fid you get it for free?
@@johncantone2795 noble iot is offering them I’m not sure if they’re still available but definitely something to look into
Very helpful!! Thank you 🙌🏻
Thank you so much for the information!
Jimmy you can make a video in which you explain a little bit what will happen to HNT minning on August 1st? Thx :)
halving
Having meaning value reduced in crypto to keep balanced
@@LonleyCopy so will it still be worth mining?
@@ItzCaptGaming that is your decision to make and research
every 2-4 years crypto currency halfs it value to rest rate to keep it going, the next halving is set to Aug,
So, what I am gathering from this video, and Jimmy, you can correct me if I am wrong, is the more networked your antennae is with other HTN antennae, the more you will make in HTN coin, because you and your networked friends are providing a larger area for IOT to connect to the Helium Network. The premise being you earn more for having a larger, always on connection, I'm assuming and would makes sense. Now how do you increase your profitability. If the antennae have 3-4db for umbrella effect (300 meter range) and 9db (several miles) for high-altitude-positioned straight line effect, and I am assuming that every one of the antennae/miner rigs in the network shares in the computation and therefore the rewards of computing, you need to have your miner-rig/antennae connected to a congested city metropolis via however many nodes you need to install to make it connect to you in the suburbs or rural area. If you live close to a major city, odds are you will automatically connect to 20-30 other miners, and be profitable. If like me, you live out of the major city, after checking the Global Map, I only have 2 other people to connect to, not a winning proposition. But what if I raised a pole 30' high (no hills/mountains near me) and put in a 9dB antenna for distance, but also a 3dB antenna for local (Jimmy do I need both or would 9 db take care of local also?), then placed an antenna in my mother's house, which is several miles closer to city center, and what if I place another antenna in my friends home or a business that is willing to host the miner/antenna for a minimal payment. Jimmy, you will have to chime in if this is right ... with several antennae ensuring I have a link from the suburbs or rural area to the city center, I can enjoy participating in a higher computation rate that rewards me a higher HTN compensation. I hope I am correct on this. All because I have an uninterrupted link between my location and the dense city center. Do I have this clear? Or did I mess up on something? Mike
I have a few questions and you seem like you know what you're talking about so if you see this I'd appreciate your advice.
1. Do you have to buy multiple miners and figure out how to place them 300 meters apart or can you still earn helium by placing your miner 300 meters away from other people's miners?
2. How do you go about issuing a challenge? Is it something that's done automatically if your hotspot is within range of other hotspots or do you have to somehow issue a challenge yourself?
3. Can you connect your hotspot to other people's hotspots that way you both earn helium or do you have to connect your own hotspots?
4. What is the blockchain and how does it work?
5. How do you earn by Witnessing? Like how do you submit challenges to the blockchain?
6. Can you qualify for Proof of Coverage if you have a hotspot within range of multiple other hotspots that belong to random people or does each hotspot have to belong to you in order to qualify?
Hit me up✈️✈️
For more info##
I see how many hotspots in my area but I don't know how much would I make or if I can get any rewards at all?
The more Hotspots, the more you make. That's why If you don't have that many around you people would just buy 3 or 4 and that way get that money. RUclips is filled with videos explaining and reddit with examples and cases that can be similar to yours
@@brianhernandez7332 But since A LOT of people will be getting theirs in August, When the crpyto is halving, wouldn’t that still mean more money cause there would be more miners in your city?
@@brianhernandez7332 if you purchase 3 or 4 hotspots you must put then in distance lower than 2 kms right? of course never in the red zone.
@@raulcastillo9600 yes. The value is going up. And this is not just a prediction like you said a LOT of people are getting into it.
You can click on them
17:00 in he explains the financial part. The why.
quality vid made! Definitely going to look into it
great presentation, well done and information, can't wait to get started
How close in proximity must the miners be to pick up another miner’s signal? Thanks for your content!!!
It depends. Some say 10 miles and some say 30 mile radius
I don’t believe it goes that far. I live 5 miles from a lot of miners. I have to buy an antenna
ok but i do have a question; what is a hotspot? i still dont fully understand how they get made
Think about it like a cell phone tower or a cell phone hot spot , people in the area can use that hot spot to create a better speed to mine the company
Hi, great explanation, thanks for the breakdown. I live in the middle East, and there are none in this part of the world. Would buying a few and setting up a new network here work? Even though there is not much obvious use of iot, such as the examples you have given. Is there auto use/connection to the network by default, or do end users need to be part of the Helium network already? Just trying to figure out how the rewards are generated. Thanks in advance.
Hi Jimmy ! Thanks for the valuable information! Loved you content 🙌🏻
I just have one question, i am in India - which frequency shall I order?
Wow this was a great walk through.
Awesome Video with great explanations. Is there a fee monthly or yearly to mine?? Other hidden fees?? connecting to a server , etc?
No
excellent video man!! thanks!
Good stuff man! Can you provide some clarity on what you meant by smart mouse trap?
Nice! Does it also help balloons float?
Maybe
@@jimmyispromo I want to buy a helium miner,... but how do people gain so much money,.. and other people less ? altough theyre both lonely ? i go to the website and see orange lines going to other helium miners??
I want to buy a helium miner,... but how do people gain so much money,.. and other people less ? altough theyre both lonely ? i go to the website and see orange lines going to other helium miners??
Do the balloons go to the moon🚀?
@@YKUTT4 Green online orange offline
how much can i make if i link 2 or 3 hotspots?there are none in my area
very low, if youre only building it without others around you''ll make far less
@@justinharrell390 so the more helium miners on the area the more you can make?
@@tastyaloha8175 yes basically more hotspots more profit
Great information with this video! Keep them coming!
Thank you that was informative.
Why am I always last to hear about this kind of thing? ...Hopefully mine will get here soon...
You’re not late mate
i ordered mine today and once it comes in if it works like its supposed to then ill order another
I was thinking the same thing. You’re a week ahead of me.
So what’s the next one since we are late to this one???
@@user-oi2rc9hi2f m2 pro miner for mxc
Order 2 for me. Can't wait for them to come in.
I’m interested, you ordered two, will you be putting them both in your house? Or will you be setting one up in a separate house?
@@rasanco.3846 recommended 300 meters apart
As of Dec 10 - 2021 HNT is at $29+. Wish I knew about this when you posted this video
Ordered mine today, coming to Quebec city!
Ça vaut la peine si Canada tu penses?
Very interesting, So if I get a hotspot for $350 and set it up, can I start making helium day 1 and what other costs are associated? Is there a membership fee, any other fees? Also how can this be converted to cash?
Like btc you need to sell through a exchange.
Just picked up 2 RAKs with your discount code so thanks for that. I do have to say I am skeptical when so many people are talking about something, it makes me feel that the real money is made through affiliate links and ad revenue from talking about a particular thing, vs the actual thing itself. We'll see. Will try to circle back to this comment in a few months when it arrives and see if it paid off
Did it pay off?
@@DegenWelle they still havent arrived lol.
Hi Jimmy thanks for all the interesting info !
I am at level 0 of my building, does it affect the mining ?
Better to be at the top of the building I guess ?
Keep it up !
$300-450 dollars for a raspberry pi and an antenna. The money is in making these things.
i can only imagine, much like being some kind of general contractor and buying editable form software
@@ScreamoYT How can I send low-frequency signals like this using raspberry pi and an antenna?
@@ChitranjanBaghiofficial i couldnt tell you, just like i couldnt tell you how to code an editable pdf form, which is why i said i can only imagine.
Can you do a video how to do your taxes?
Have you bought one? Is it legit?
for your information you cannot just use a pi 3-4 and an antenna you actually need more and you also need a RAKK add on for the pi which as of now can never be bought and as far as i have been informed they no longer allow or support DIY hotspots anymore so yes everything is on backorder and we are all late to the party
This is one of the best and most informative videos on helium mining. I’m sold. I’ll be starting this ASAP. Does it make a difference if you get multiple miners does that help? If you have one bobcat and one nebra in your home does that make a difference? I saw it’s not good to cluster them together it’s better to spread them out. It’s pretty amazing how much these can bring in for not doing much. Thanks
Did you do it?
The only scary part is having such a strong frequency emitter in your home where you live considering that 900MHz has been shown to cause many bodily disruptions and one study even showed that 30 minutes of exposure for 1 month caused considerable liver damage. They only looked at the liver though
Where has this been 'shown'?
@@ccsnjf I hope you see at least one of my comments before it is deleted
@@DrAndrewHutchings I assume you know why your link is probably being deleted? Because what you are linking to is nonsense and untrue pseudo science claptrap - probably worse. No - not interested in your rubbish - put it where is belongs - in the bin.
What happens if someone put another hotspot too close to your already existing spot? Do they cancel each other? Do they then split it? Hate to put one in and then my neighbor does one.
odds seem extremely slim
good question tho
Great video ! Is it possible to reuse the RAK hardware after loosing access to it ?
The Wifi signal does not travel on the 915MHz frequency, that is the Lorawan frequency and you have the Antenna for that. The Wifi signal is on 2.4 or 5GHz and the is no antenna for this, so yes in my view the plastic boxes are better for your Wifi signal connection.
Does it affect my earnings if there’s a hot spot within 300 m from me ? Or do I just not earn rewards from interacting with him ? . I live in a big city so there’s plenty of other hot spots to interact with besides him
Basically you earn more money the more hotspots are around you, you can explore the coverage map and click on hotspots and itll tell you how many hotspots are connected to that one
The nearest person or hotspot next to me is like 20 min away, wonder how well that will go?
The next person away if that dude is offline is like 30 min away lol
Hi Mate! Very knowledgeable video. What is maximum distance i can go for a 2nd rig because my other house is around 15kms. What should i do so i put yhe 2nd one in my other house? Thank you
Excellent Video, thank you
If I just buy one hotspot and someone happens to have their own hotspot 2 miles from me, will I benefit from that, or do I need to be the owner of multiple hotspots to benefit?
That what I'm trying to figure out. Living in New York City and want to make sure.
Its better if its 300 meters away from each other but it can help or it can make it worse it just depends but i have heard if you own more than one in different locations you will see the difference and make more
@@kicksonmyfeet9561 I see. Basically what I'm trying to figure out is do you need to personally own all the hotspots in one area to benefit from the increased rewards, or can you just own one of the many hotspots in an area and still benefit the same way.
Good video. If where I’m living there’s no hotspot near me, then I cannot mine?
you can. even with just one.
also you could buy 2 and place one 300m away (maybe a friends house)
Should the second one be registered under my name or my friend can register it himself and own it?
Good question
Damn I think since ur paying taxes on them, u will have to have it in ur name unless a friend paying taxes on it
Excellent info. You just added another sub. ;)
Hi and thanx for the video.........you mentioned a halving this summer.........can you provide any details?
Hi , why we need to buy before August ? What’s gonna happen in august ?
Nice video
The reward will be cut in halve (halving)
Can I put my antenna outdoors and my helium miner indoors?
Yes.
Hey Jimmy, great vid! Can you get to choose the 1GB or the 2GB for the BobCat 300 here in the US? Thanks a lot!
Jimmy, great video, seems I can make $$$. I was thinking of getting 5 but seems that's not right. It's not clear how I can buy two, how do I set them up? Great advise....thanks a million
I just ordered 2 units of RAK I really hope this was. A good investment 😭😭😭
You only got to wait 3 months to find out, I'm in same boat
I learned a lot. I was waiting for the "where is the money coming from" and I am not sure we have an answer. Roughly speaking when the existing 25000 hotspots get another 25000 to bounce off we will have 50000 x $50 = $2,500,000 daily payments and Helium has no customers yet. How is this sustainable?
Helium has a lot of customers and their partnerships keep growing. Other smart things make sure to use Helium Loran tech
Also it's all depending on what people view the value of HNT. Same as bitcoin. Bitcoin goes up based on people's visionary value of it. Ethereum goes up for same manner but it has projects in it. Same here. Literally physical business rather than just a random crypto based on nothing
@@jimmyispromo Oh yes I totally agree, at least HNT is earned in exchange for a service. But those recent wild fluctuations in its exchange rate are difficult to explain. If one provides better service to the network they should simply earn more HNTs. The HNT going from $1 to $8 in a couple of months makes no sense, in that respect it starts reminding of based-on-nothing Bitcoin and some of the other crypto currenices. Will HNT one day later this year turn around and go to one tenth of its value? Again, no serious business model can be based on such volatility. But hey, so far so good. We'll see.
Thank you sir great video
Thank you so much for all the info :)
What happens when HNT halves in regards to mining?
I want to know too. Does that mean we will get the same amount but it will be worth less or do we get twice as much
You’ll get less but with price increases it should make up for it
@@BNLenterprise if its rate today is $17 and you can get 10 a day which would be $170, but when it halves, you only get 5 a day but it cost $34 per helium, you still make $170. now that doesnt mean you will make half of what youre currently making, just means the amount available is halved, as the network grows etc or as your miners get more activity you may end up getting more helium as the price increases.
now ive only learned about this in the last 30 minutes. sooo, someone chime in and correct me on where i may be messing up.
How long will helium pay out?
What do you mean? If you set one up, it takes about 24-48hours to hit the blockchain then it starts working. Takes about 5-10 days to pay off if you own 2 near each other or if you have 1 near others. Then you can move your HNT to your wallet and do as you please 😁
@@jimmyispromo I think he meant how long will you be able to collect helium. Does it ever stop? I know you mentioned it being halved in August but are there any future plans to do the same or worse? Thanks!
@@TheTruongVerse I'm also interested in this question
@@TheTruongVerse yes that is my question too. Is helium mining like Btc and eth mining?
We can mine helium until the the supply of tokens are gone? Correct? Just like btc and eth and other crypto mining?
Thanks for the super informative video, I learned a lot.
Have you heard about the Helium IoT Miner 2.0™. That’s the helium miner that’s all over tik tok, any thought on that miner? Good or bad?
Excellent video! I get my hardware in a couple weeks
Awesome! Congrats. Me too and I'm ready for more haha
Hi great video.. But my biggest question is, you say that you should have 2 miners to be able to mine 5-15 / day but you also say they need to be 300 meters / 1000 feet apart. So how do you do that unless you have a big property or multiple properties in the same neighborhood? Or did I miss something? Thanks!
I got chosen to get a free miner waiting for it to come !
?
@@havalopez noble is giving away free miners but they take a cut
@@imCryptoRixh oh yeah? Do you have a link?
@@havalopez lemme see if i can find a link for you bro. We all need to eat out here, and I wanna spread that crypto love.
5 HNT a day is crazy... I'm looking at lots of hot spots and haven't seen anyone who earns even 1 HNT a day.
Where are you located? I’m in LA and people are mining 10-25+. A day
??? I earn like 10/day on average. I am just a 16 year old kid.
Will this mine if I am the only one hotspot in city?
Maury, I am new to this and I am bringing a crew of guys, you said you have not seen anyone make 5HNT a day? do you think this is all hype? give me your thoughts
I'm in large city and seeing people barely making half a helium a day as well. What's really going on?