Have you ever wanted to mine cryptocurrency?
But then you found out that it uses too much electricity and is very expensive. What’s more, it would require a whole room or even a building just to house the miners. In fact, these are only a few of the challenges that crypto mining poses.
Understandably, most people are unable to overcome these challenges. Therefore, they shy away from mining cryptocurrency completely. It is unfortunate these issues exist, because crypto mining can be quite lucrative.
There Is Good News If You Want to Mine Cryptocurrency
But now we now have good news!
New to the market is a new kind of cryptocurrency miner. Not only did companies that offer them find a way to overcome the challenges listed above, but they also have added new benefits to them.
Therefore, if you want to mine cryptocurrency, you can now purchase inexpensive miners that are small and use minimal energy. They will actually earn you cryptocurrency while minimizing damage to the environment.
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What Companies Should You Look For?
There are a few different companies using this concept. For example, Akash provides a decentralized cloud network for developers. Planet Watch plans to provide air quality monitoring. And Althea is proving decentralized Wi-Fi services. However, the most fully developed network is the Helium Network.
The Helium Network is the first and only peer-to-peer global LongFi network. In case you don’t know what LongFi does, it enables one of the largest and most profound networks for the Internet of Things (IoT). The Internet of Things is the network of physical objects—a.k.a. “things”—that are embedded with sensors, software, and other technologies.
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The purpose of the IoT is to connect all these “things” so they can exchange data with other devices and systems over the internet. It encompasses wireless sensors, tracking devices, home and building automation, healthcare devices, wearable technology, and other systems in numerous industries. Although there are more details to it, for the purpose of this article, we will just say it is currently an $800 billion industry. Moreover, industry watchers expect the IoT industry to hit $3 trillion in a few years. In other words, it is really large.
How Can You Cash in with Crypto Mining?
The Helium Network utilizes crypto mining as a means to reward people for setting up a small Helium hotspot miner in their home or place of business. If you decide to claim your own hotspot miners, you should place each one approximately 1000 feet apart. This helps to ensure the integrity of the network and makes for optimal mining.
Helium’s plan is to build out its global network within the next 10 years. In so doing, they will provide ongoing monthly “HNT tokens” for setting up the network. This is also in exchange for the data that will be going through each miner.
Just imagine having a part of the network. You can find the current value of HNT (Helium Network Token) online at coinmarketcap.com. At the time of this article, it is approximately $14 per HNT coin. According to the Cryptocurrency Price Prediction website, the price of HNT is expected to hit $100 by the second quarter of 2022 and $505 by January 2025.
Read More About the Helium Hotspot Miner
The Helium hotspot miner is secure and encrypted. It does not have the capability to interact with any of your other devices that utilize your internet connection. You will need an internet connection, preferably Ethernet but Wi-Fi will also work, and a good location where there are other hotspots. This is because your miner will need to be able to witness (wirelessly speak to) other hotspots in order for you to receive the optimal amount of HNT.
One miner uses about the same amount of energy as a 5W lightbulb, and most units are very affordable. For example, there are offers where you can receive one for free except for shipping costs. Once you set yours up, it will continually mine HNT all day and all night, every day of the year. You can hardly go wrong with that kind of set up.
Since this opportunity is so good, there is quite a high demand for Helium miners. However, because of shortages of the chips needed to build them, the machines are currently on back order at this time. In fact, most manufacturers say it will take at least 20 weeks before anyone will receive one.
But again, there is good news.
That good news is that there is an offer to get a miner sooner than that. In addition, there is no charge for these miners except for shipping costs.
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Now You Can Earn Passive Income with Crypto Mining
Consider this. To make this passive income opportunity even better, there is a free referral program you can also join. If you do, you will receive additional income from others you refer to the network.
Cryptocurrency mining has come a long way from the old bulky expensive bitcoin miners. As things develop in the crypto world, they are sure to evolve even more. To request your free Helium hotspot miner and/or join the free Helium miner affiliate program, please visit http://info.heliumbusiness.com.
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