Crypto mining in 2022 - Still possibile?

Crypto mining in 2022 - Still possibile?

By mattjoe | Crypto joe | 25 Jul 2022


Hi !
today I want to tell you about my experience with Crypto currency mining, which I have been doing successfully for more than a year.

Everyone told me that it was a thing to do in the past years and that it was now impossible, or very expensive, to mine.

The thing I had not considered is that you cannot only mine Bitcoin or Ethereum, but you can also search for "minor" Crypto.

The one that gave me the most satisfaction is certainly Helium (HNT)

hnt-logo

It is a rather innovative technology, their mission is to bring connectivity all over the world, in fact they also call themselves the people network.

Mining works like this: you have to buy hotspots, that is devices that send radio signals (LoraWan) in order to cover your connectivity area, they in exchange offer you rewards in HNT.

I got my first hotspot around May last year, it's a bobcat, the rewards at that time were huge! (they lower based on how many people enter the project and in your area)

my-bobcat-hnt

I kept buying hotspots until I hit 5!

There are various things to watch out for when placing a hotspot, and I can talk about them in a future article.

 

Let me know!

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mattjoe
mattjoe

I am an Italian DJ / producer with a passion for the world of cryptocurrencies


Crypto joe
Crypto joe

In this blog I will talk about my experiences with cryptocurrencies and my thoughts

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