HNT is awesome imo.
I have several of their hotspots in my city, and can say they're earning quite a lot. ROI is about 2 months, considering it costs around $700 each.
Just gotta have a place to put them
Topic: Not Chemical Helium: HNT cryptocurrency overview. (Read 65 times)
I invested one part in this coin... I think the price can go much higher because they have a physical product and I saw that people are waiting for their miners for like 5-6 months so a lot of people want to be part of this coin...
The thing I do not like is that "Redenomination" story where they want to give 1000 new coins for 1 old... so Supply will be 111 billion of coins - now I have 100 coins worth of 50$ and after that, I will have like 100.000 coins worth 5 cents - I do not now
The thing I do not like is that "Redenomination" story where they want to give 1000 new coins for 1 old... so Supply will be 111 billion of coins - now I have 100 coins worth of 50$ and after that, I will have like 100.000 coins worth 5 cents - I do not now
The helium miners are radios, you connect them to your home internet and they are supposed to connect together and build a stronger "subnet" of some sort.
I bought a bobcat miner and it'll take about 20 weeks from when I bought it to get it and set it up. I'm sure it's not very profitable, just like any miner, until more "access points" start popping up and building out that network.
Remember, we're a very large planet and we all occupy a very small space distant from each other. If we have two helium miners within range of each other they connect and they produce HNT token amounts.
if you are in the middle of nowhere. there's no point in mining helium. If you're in a city, chances of fluid token emission are logically higher.
That's my takeaway, I'm not really sure if HNT is mined without being connected to another miner... I really don't know for sure until I get the miner setup.
If I mine enough to ROI on the miner for $500 between now and next year, I suppose it's fine - the key is low power, low bandwidth device that just prints HNT.
cool.
I bought a bobcat miner and it'll take about 20 weeks from when I bought it to get it and set it up. I'm sure it's not very profitable, just like any miner, until more "access points" start popping up and building out that network.
Remember, we're a very large planet and we all occupy a very small space distant from each other. If we have two helium miners within range of each other they connect and they produce HNT token amounts.
if you are in the middle of nowhere. there's no point in mining helium. If you're in a city, chances of fluid token emission are logically higher.
That's my takeaway, I'm not really sure if HNT is mined without being connected to another miner... I really don't know for sure until I get the miner setup.
If I mine enough to ROI on the miner for $500 between now and next year, I suppose it's fine - the key is low power, low bandwidth device that just prints HNT.
cool.
What do you think of HNT?
HNT crypto blockchain was developed based on a novel work algorithm known as Proof-of-Coverage. Helium HNT crypto powers the biggest public decentralized LoRaWAN network globally.
Key features of the project
Proof of Coverage
The novel work algorithm “Proof-of-Coverage” (POC) is used by the Helium blockchain network to confirm the location of Hotspots as claimed. This process involves the POC algorithm continuously verifying the location of hotspots and the wireless network coverage being created.
The Helium Consensus Protocol
Helium’s Consensus protocol operates a variant of the HoneyBadgerBFT protocol. HoneyBadgerBFT (HBBFT) is defined as an asynchronous atomic broadcast protocol that allows a group of recognized nodes to achieve consensus over unreliable links.
Helium HNT token is the native cryptocurrency of the Helium crypto network. Its token ticker is HNT. Unlike most cryptocurrencies, there was no pre-mine activity for the Helium blockchain. It was not until July 29th of 2019 that the Helium network decided to produce the first HNT as part of block 93.
Resource: https://swapzone.io/blog/helium-hnt
Key features of the project
Proof of Coverage
The novel work algorithm “Proof-of-Coverage” (POC) is used by the Helium blockchain network to confirm the location of Hotspots as claimed. This process involves the POC algorithm continuously verifying the location of hotspots and the wireless network coverage being created.
The Helium Consensus Protocol
Helium’s Consensus protocol operates a variant of the HoneyBadgerBFT protocol. HoneyBadgerBFT (HBBFT) is defined as an asynchronous atomic broadcast protocol that allows a group of recognized nodes to achieve consensus over unreliable links.
Helium HNT token is the native cryptocurrency of the Helium crypto network. Its token ticker is HNT. Unlike most cryptocurrencies, there was no pre-mine activity for the Helium blockchain. It was not until July 29th of 2019 that the Helium network decided to produce the first HNT as part of block 93.
Resource: https://swapzone.io/blog/helium-hnt
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