You can earn $50 per day. Really. Here is a low risk way to get in to the crypto-currency market…
I know, you probably think this is BS. Hear me out. I will provide you all the proof you could ever want, and all the resources you need to get started. All links are at the end of this article in the resources section.
It’s called Helium. It is a crowd-sourced wireless network. You earn rewards by hosting a Helium miner (aka hotspot). A Helium miner is a small, hand-size device that you place in your home. You recieve rewards when your miner processes a transaction on the Helium network. Rewards are paid in Helium token crypto-currency ($HNT). You can read more about the Helium community in the link below.
It might sound a little complicated, trust me, this is easy.
Ok thats what a helium miner is. But how do you get to $50 per day? The answer is found with a Shallow Wool Pelican.
What the heck is a Shallow Wool Pelican?
Each miner has a complex network address. To make it usable, Helium miners get a 3 word name. Shallow Wool Pelican is a miner in a suburban neighborhood in Western Pennsylvania.
Since the miners are on a public network, anybody can see the network connections and how much each Helium hotspot earns.
I will show you how to look for your neighborhood below.
Here is what it looks like on the network map:
Here is how much this miner is earning:
The price of Helium tokens currently fluctuates between $12 and $18. (See chart below for current price.) Using $12.50, this miner is making $1,763 per month.
Thats $58 PER DAY.
Note: The transaction activity fluctuates day to day, so as you look at other hotspots around you, always use a 30 day window to get average daily earnings.
How to Get Started
- Buy a miner (a wireless hotspot). Miners range in price from $500 to $650. However some cannot be ordered at this time. I am going to recomend the Syncrobit.it miner. You can read why below.
- Get the Helium App. This is your wallet attached to the miner (where your Helium Tokens are deposited). The wallet can be found on the App Store or Google Play.
- When you get your miner, set it up and start earning money.
- Open an account in a cyrpto-currency exchange such as Binance. This is where you transfer your tokens and convert them to cash. In the US, it is Binance.US. In the rest of the world it is Binance.com
You can literally set the miners up in minutes.
What you need
- An internet connection. You connect the miner to the internet thru your home internet service.
- A home wireless modem. This is the easiest way to connect. In the alternative, the miner can also be connected to your internet modem with an ethernet cable. You will have more flexibility to place the miner with the wireless connection.
Frequently Asked Questions:
What do I do with Helium Crypto Currency?
A: You can convert it to cash, or any other crypto-currency you wish. It is a great, risk free way to accumulate Bitcoin.
Does this use a lot of my internet bandwidth?
A: No. The hotspot use 200-300KBps (KBps is thousand bytes per second), which is very small for your average home internet connection.
Does it use a lot of electricity?
A: No. The hotspot are powered by a 12 volt DC adapter. You might not even notice it on your electric bill.
Do I need an antenna?
Maybe. The miner comes with an indoor antenna that you can place near a window, and for many, that is all you need. It all depends where you are located. There is a link below to HotSpotRF where you can model your location. You can run 10 simulations for free. External antennas are available at Syncrobit.it. You get a 40% discount if you bundle the antenna with your miner purchase. A different antenna might be better for your situation. Generally the higher you can place the antenna, and the lower dBi the better. There is plenty of help on the HotSpotRF.com site for you to figure that out.
Can I have more than one hotspot?
You can but if it is within 300 meters of another hotspot, your reward will be cut in half. It is better to find a friend or neighbor that you can connect to, and build out the network.
Can I put it in my car?
No. The miner must be in a fixed spot to have consistent coverage in the network.
Are there any fees?
There is a $40 Hotspot onboarding fee and $10 location assertion fee. The purchase of a SnycroBit miner includes both fees. If you want to move the miner after your first location, you will incur a $10 fee.
How big is the Miner?
5 x 5 x 1 inches.
Why I like SyncroBit.it
4 miners are authorized by Helium.com. All will work. All are backlogged due to high demand and the silicon chip shortage. As of this writing, Syncrobit is taking back-orders and providing an estimated delivery date in October 2021. The Bobcat miner is less specific, and goes in to December. The other 2 are not taking orders.
So Here is why I like SyncroBit:
Dashboard – The miner comes with a remote dashboard service to help you manage the miner.
Easy to Buy – Most crypto miners require you to obtain crypto currency and pay in crypto currency. SyncroBit.it takes all major credit cards. And yes they take crypto-currency if you have a Coinbase Wallet.
Peace of Mind – You you have protections when using your credit card. If you pay in crypto-currency you have no recourse if you have a dispute with the merchant. If you poke around my site, you will see I am big on leveraging this to my readers advantage.
Cancel Any Time – You cancel any time up to the time it is shipped.
Conclusion
Helium mining is a very low risk way to enter in to the crypto-currency world. You stake some money in a miner, and you have an asset. Assuming you make less than the Shallow Wool Pelican, you still can earn a nice bit of extra money. So consider this, if you only get $10 per day, you will break even in a little more than 2 months. I am no Warren Buffet, but that is a great ROI.
Don’t wait, get in now!
Use AIKO25 for a $25 discount at check out.
Video
Helium Hotspots are on a public network and all of the earnings are also public. This video will show our Shallow Wool Pelican and some other hotspots and their earnings. Note that some of the miners are on a diminished earnings scale. They could be too close to another miner, or they are not connected the internet. Point is, that even at half scale, these folks are making a very nice side income.
Resources
Buy the Syncrobit.it Miner here. Use my coupon AIKO25 at checkout and get a $25 discount. Be sure to pick the right geographical region – there are different frequences for US/Canada v. Europe.
Get 10 Free Hot Spot Simulations at HotspotRF.com.
Open an account at Binance.US It’s free. This is where you will move your Helium tokens to exchange for cash or other crypto-currency. Coinbase and Gemini do not support HNT.
Explore hotspots near you at explorer.helium.com You can find out what others nearby are making. Find a hotspot, click on it, then click on the name. Note, if you want a personalized estimate of income, that is a premium feature at HotspotRF.com
Shallow Wool Pelican Live – This will show you the current connection and earnings for our example hotspot. You can click around and find a spot and see what it earns anywhere in the world.
Learn more about the Helium network at Helium.com
This page contains affiliate links that earn a small fee for this website. This comes at no cost to you, and if you use the AIKO25 coupon at SyncroBit, you will get $25 off. It helps support this site. Thank you.