Sirwin
Sirwin

Helium Network and HNT tokens Gaining popularity and value

By Frogger | Cryptofrog | 12 Mar 2021


Helium Network is by far my favorite project in the crypto space.  In less than 1 year it has taken IOT (internet of things) tech to new heights.  Helium.com states: "The People’s Network is the world’s fastest growing wireless network ever." I believe them. Amazingly, there are now over 21,234 hotspots at the time of writing this.  Each hotspot has up to a 10 mile range, and uses very little resources. Consumers are snapping up these hotspot mining devices quicker than they can be produced.  In fact, Cal-chip (a leading manufacturer) has raised their pricing, and their next batch of RAK miners aren't expected to ship out until May.  It's easy to understand why people would want to mine HNT tokens. The tokens have reached an all time High recently of $8.  I think it's pretty amazing considering less than 1 year ago, the tokens were selling for about 13 cents. Coingecko chart below.

0efdea5b0e28cb224e0c75460230a64ac01bd1e2ad7bb89ad73ee9e27f33c337.png

Consumers are not the only ones flocking to Helium. There is a growing list of business partnerships. These businesses have discovered that utilizing the Helium network, and taking advantage of their "massive coverage" is a win win.  Hop on the website and take a look at what these businesses are, and what they do here helium.com/use.  I'm amazed by the variety of uses that are being developed by these partners, and how they're using this tech to make the world a better place. The uses range from: protecting priceless art collections, monitoring water use, monitoring air quality, tracking business assets, or tracking your pet to name a few.

Mining is an important aspect to consider. HNT tokens are like Bitcoin in the sense that they have a limited supply.  HNT has a maximum supply of 223,000,000 tokens. Bitcoin maximum supply is 21,000,000.  Helium also shares halving in common with BTC.  The halving happens every 2 years, so Helium miners have not seen this happen yet.  Graphic below is from Helium.com

451112ce7f1f6c8ae3627ae08e3d3b21dd63431dc740317afeef94ac88e62cfa.png

If you're wondering how many HNT tokens these hotspot miners are getting, you can easily check on their site, as well as find out how many hotspots are active in your area. I would consider the payouts to be very generous at this time.  It would probably make a few mining rig operators very green with envy considering the cost of mining HNT is extremely minimal by comparison to someone who's running multiple gpu's and spending thousands on equipment.

sample hotspot

 I had to show some love for my favorite project.  HODL HNT!! HNT to the moon 2021!

  • Buy HNT

 

 

  • Fast ship HNT miner through Ihubglobal If you are in USA, Canada, or Australia, or UK, you can buy a fast shipping helium hotspot now.  ihubglobal is taking a cut of the profits, but it's a small price to pay for the faster availability.  Sign up now! They are buying a LOT of these devices. I'm thinking this company is going to have the fastest shipping time for these hotspots.

 

How do you rate this article?

7


Frogger
Frogger

Lover of cryptocurrency, technology, and freedom.


Cryptofrog
Cryptofrog

I want to fill the gap where needed. I'm learning more and more about crypto, and how to do certain things. When things are unclear, and I'm just learning by trial and error I see a clear need to make a guide for others that will need to do these tasks in the near future.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.