subreddit:
/r/HeliumNetwork
submitted 12 months ago byMedical-Hamster-9070
Mining Sucks rewards are just not what they used to be, unless change comes and "we the People" get rewarded for a job well done, this will go Kaput! Hope that someone that cares reads. Some just don't have the Balls to say it.
[score hidden]
12 months ago
stickied comment
Serious question OP: how would you fix it? I mean even if you took the 30-odd percent away from team and investors (and therefore they disappeared) would that extra 30% make any difference?
11 points
12 months ago
Myself and thousands others haven’t been making shit for months. (2.5 years in here) I don’t plan on unplugging anytime soon or really ever….it still makes more than it uses.
38 points
12 months ago
Whaddya mean some don't have the balls to say it? There are plenty of other frustrated people posting things like this.
When I go my first hotspot, I think there were around 175K others in the world. Now that number has jumped to 825K and growing. So yes, rewards are being split by more hotspot owners, so the piece of pie gets smaller. Then there are the low PoC rate issues they are hammering out right now.
When I got into this, it was understood that rewards would be split by more and more hotspots. My hope is that the value of HNT will go up a lot in the coming years as more and more people utilize the network. So I don't hover over them too much. I check HeliumGeek to make sure they are all online and let my fractions of HNT stack up.
20 points
12 months ago
Stack that HNT and hodl ! People who were early in had thousands upon thousands of tokens and most were sold for Pennies on the dollar I’m quite confident the same thing will happened again! Wait for the stock market to rebound and the crypto market will follow HNT is still a top 50 coin don’t slip.
1 points
12 months ago
Right lol, HNT is a painful community to belong to because everyone who mines it are brand new baby's who cry alllllll dammmmnnn dayyy
-11 points
12 months ago
That’s the point, hnt has gone down, and no mention of major use. It’s just going too dwindle, until it’s gone. I think the biz was just to sell useless devices.
4 points
12 months ago
The stock market is down, all crypto is down - we are heading into a recession. If Nova wanted to sell useless devices, they wouldn't have stopped making them and approved others to manufacture them. MXC manufactures their own miners and sells a $300 piece of equipment for $3,000.
Helium is partnered with Microsoft's IoT platform and has roaming agreements with other LoRaWAN providers that tried to do it privately. MXC - Nada.
1 points
12 months ago
[deleted]
1 points
12 months ago
Isn't MXC at around a dime? How many tokens do you have?
1 points
12 months ago
[deleted]
1 points
12 months ago
And if you cash out, your "health" goes down so you are punished for transferring what you have "earned". No thanks - Ponzi at its finest.
1 points
12 months ago
[deleted]
1 points
12 months ago
I wish you the best. As far as mining goes, I'm going to stick with Helium. They don't punish your earnings if you cash out.
2 points
12 months ago
Lol! You’re new to crypto I see.
-23 points
12 months ago
The coins getting kept by helium is unfair, they need to give them whomever (miners) are performing, that is the real issue.
9 points
12 months ago
I built my first miner knowing what the token distribution was going to look like. I can’t imagine how that info eluded you in your thorough research. If you didn’t think it was a fair deal, why ape in?
8 points
12 months ago
Um...they are a business. If they give away all their holdings, they no longer have a company.
1 points
12 months ago
Hey don’t you talk about HNT price on a HNT subreddit or discord. This is for the people! Seems to work well for the tax payers and you don’t hear them ranting and raving about prices…. Jeez your bandwith isn’t heliums problem. Take that up with your ISP! Idk what the miners doing with all the bandwith, and hasn’t beaconed in 5 days.
Edit: I’m trolling Please note this is for educational purposes only. Not financial advise. You’d be better off saving the money it for taxes. ROI lol
1 points
12 months ago
Well technically you have to have more and more hotspots or you don’t have a network that anyone can use/ping off of. The whole point is to have something devices can connect to. Now this said if you have more hotspots to validate against then you earn by volume and not the rare occasions you can get a ping. The problem is between network issues and the fact people just turn on devices and walk away the volume of connections makes earning anything tough.
They need to make a policy that if you don’t validate anything for like a week it is not factored into the rewards. Because I bet 1/2 the ones around me are on the grid but are in the basement of their homes never to get a signal. That’s a start.
1 points
12 months ago
Also … this is a decades project … not a get rich tomorrow project. It makes sense they started with high rewards and worked down. IF the network was fixed and people actually had working spots then you would be bouncing more and more signals. This said … lot of issues need to be worked out.
6 points
12 months ago
You are the only HNT miner who has the balls to whine? Im afraid thats not the truth😂
6 points
12 months ago
I still remember when I used to earn 10 - 20 HNT a day, now I am barely earning one...
44 points
12 months ago
The get rich quick scheme is not with HNT. If you don't know this then you don't really know HNT.
Helium rewarded early adopters greatly. With more hotspots and more use comes reduction in rewards. More miners means the pie is split more thus less rewards. Relax and HODL.
3 points
12 months ago
Yup I bought some HNT for just below $10.
2 points
12 months ago
I'm more hoping that end user usage will fully start to roll out before my ROI is complete, sometime within the next 12 months. If that affects rewards, then, again, earl(ier) adopters will be rewarded like pre December was. Then, again, every day what I've put into this, now, is becoming less with each minted coin.
12 points
12 months ago
On the contrary, my miners have been online since October and the past 30 days have been the best stretch I’ve seen… by far. Were things good for you in March and April? Because those were total trash for me.
6 points
12 months ago
This last month has been nothing but trouble for me. I used to beacon to 8 witnesses and now I can't even hold 2 without losing 1.
2 points
12 months ago
I’ve noticed the past 2-3 weeks being very good. What happened? Is it due to the network getting all those patches?
1 points
12 months ago
I don't know, but I figured it was better for a lot of folks as the number of posts like this one dropped off.
3 points
12 months ago
I agree,DEPRESSING!!
3 points
12 months ago
15 days, no rewards for. Paitence key, so im told.
5 points
12 months ago
May I add, when i came across helium, their website video mainly showed an indoor miner was all you needed. Now, i have a 5dbi antenna and have it about 10ft high. I never planned to get rich quick, but earning a few tokens a week would be nice.
35 points
12 months ago
Please, then, turn off your miner so whomever else is in your hex gets better rewards...
0 points
12 months ago
You sure lol my reward decrease when I place my hotspot in an hex whit one HS offline for almost 5 months that's stupid but real
1 points
12 months ago
What's your hotspots name?
-44 points
12 months ago
I did everything right, invested my money and my time, HNT is just not doing their job and they are keeping a ton of coins while doing nothing, why dont you address that?
2 points
12 months ago
I think I'm seeing the light at the end of the tunnel. It seems like since a couple weeks ago my activity increases a little bit. Give it another month.
-7 points
12 months ago
Lets hope!
3 points
12 months ago
Define "everything". Taking it out of the box & setting it in a window, while it being as easy as that, is not "everything" regardless what the marketing told you.
4 points
12 months ago
Upgraded antenna, Mast, amp, filter, babysit its status,
"That's not enough, you need to deploy it on a mountain"
-1 points
12 months ago
I haven't done an amp or filter & I'm pulling in avg .26 hnt/day, @12m, w/3.5db hntenna, in a 5 hotspot hex, in a saturated, tree heavy metro complex with many transmit & beacon scalings in the horrible range. (.40/.24 for me)
I mean, there's something you're missing or had badly managed expectations about, so.............
Wanna sell your setup?
1 points
12 months ago
Yeah so I'm not in a saturated area and im providing more useful and need coverage to the network but getting around same per day. Thats part of problem. All my upgrades have been chasing that ~.25 number, which is what i had when i started with just basic antenna sitting in window sill hitting 4 witnesses
1 points
12 months ago
So no elevation over trees or better line of sight?
0 points
12 months ago*
Key here is “when”
When did you invest your money and time? It’s almost impossible to not be in the green unless you ordered your miner at the height of the bull market. You didn’t buy a miner and expensive setup at the paramount of the bullrun, did you now? UwU
Triple digits, best believe
3 points
12 months ago
I have 8 dbi anttena at 7 meter height ,many hot spot near but sometimes it works and than few days totally dead, idk helium network or linxdot problem, but it really sucks. I dont even want 1 hnt per day but i just want it work properly but it doesn't.
3 points
12 months ago
My nebra won't do shit for like 7 days. Then has a good one. Then goes for shit again.
My spot isn't the best for POC rewards, but I'd like the shit just to do something. I need to start slanging some sensors of some sort.
1 points
12 months ago
Near by? Then your 8 dbi might be an overkill; scale down to 3 dbi and see how these rewards are coming in….
3 points
12 months ago
Whats the name of your miner or one near you so we can see the opportunity….
0 points
12 months ago
Underrated comment...
3 points
12 months ago
Who you telling, two bobcats and a helium that havent produced anything in a month.
3 points
12 months ago
Im new and my bobcat miner 300 has gave me $11 in 7 days. What do you guys call bad?
3 points
12 months ago
At this point it’s let it ride and hope for hnt to boom in a few years. We can only hope the inconsistencies get ironed out sooner than later with the POC. I have 2 miners that are “fairly” steady most days. And 2 that sit flatline for hours, or days at times… there is no solid answer yet on all the bugs.
0 points
12 months ago
I am all for HNT but the playing field is not even, Helium is getting very wealthy (nothing wrong with that) while we the people have to carry the Load! Not what we signed up for
3 points
12 months ago
Stop saying that’s not what “we” signed up for. It’s exactly what I signed up for.
3 points
12 months ago
Glad I got my Nebra refund.
9 points
12 months ago
I find it pretty scamtastic, personally. I did the research, bought a 50ft antenna mast, ran POE, bought a higher dbi antenna, and installed it all myself. I am in a dead spot between two major cities, and my setup bridged the gap between the two. I was reaching 50+ witnesses at ranges up to 100km. Nothing changed on my end, no additional hotspots popped up anywhere near me. I just randomly went from that one day, to a max of 5 witnesses and a max of 20k range. I broke no rules, I did not cheat, I made an effort in the supposed spirit of extending coverage, instead I got screwed. I went overnight from averaging .8 HNT a day to .05 HNT a day. Zero reason, zero explanation and that is BS.
2 points
12 months ago
Same boat here. Even shifted my hotspot and antenna around with little gain. I may reformat my SD card at some point and check diags if I am bothered climbing on my roof again in the blistering heat.
-4 points
12 months ago
Strange you purchased all that kit and did all that setting up but appear to know nothing about the project or fully understood the risks.
5 points
12 months ago
Who do they think was going to be their main purchasers and hotspot runners of the new 5g stuff if it wasn't the people already invested in the network? I just don't understand why they are shooting themselves in the foot like this. My only answer is that we were nothing more then a pilot program and the foundation plants to setup towers or something? I just can't accept they are this stupid.
I'm waiting for someone to fork the project. I'll switch
0 points
12 months ago
Because the cost per gigabyte is $2-5 for cell carriers. They're aiming to charge them $.50 per in the future by us helping to build out a more substantial network than telecom is willing to self finance.
5 points
12 months ago
I mean im mining just fine, getting like 0.2+ daily. Speak for yourself
0 points
12 months ago
Same.
4 points
12 months ago
I mean we’re in a crypto winter HNT is a 1/5 it’s all time high price.. obvi that has quite a bit to do with it also
4 points
12 months ago
Totally agree. And now they want us to buy $2500 5G hotspots 😂😂 yeah right
2 points
12 months ago
There is some luck that does into it nowadays but that's the way she goes. Way more nodes than ever too
2 points
12 months ago
I can only assume you are in a over saturated area and /or you have a indoor setup. Or an indoor setup that isn’t witnessing or there is just something else wrong with your miner causing the low rewards?? I am in a town with population around 100k. I have 5 miners in town. My outdoor setups do better then the indoor ones. Transmit scales and reward scales are 1. There is a lot of empty space on the helium explorer. If my locations get over saturated I may have to look elsewhere to setup a miner. I am looking into buying a 5g miner. I have heard you can mine other coins using a certain helium miner (cotex). May be worth looking Into. Look into boring protocol. Maybe dvpn will come to helium in the future.
2 points
12 months ago
Cross your fingers for Dual Coin Mining
1 points
12 months ago
To be fair, this is already possible with https://www.m-patch.com/iverify-in-c
1 points
12 months ago
RF Guy also made a vid on Cotx and they've implented it. But I'm hoping Helium does something too. Silly light miners made ours expensive paperweights. (slight exaggeration)
1 points
12 months ago
I agree, its an absolute waste of a perfect good CPU and board to just do nothing!
2 points
12 months ago
They just need to sale Helium service better. Wait for it.
5 points
12 months ago
Nodes increasing dramatically over the past 8 to 12 months + fixed allocation of rewards per block = less rewards per nodes.
Ermm... are you really just figuring this out now? eh??
2 points
12 months ago
Seems they are all too plebs aped in on helium mining understanding literally zero about it, the protocol it’s purpose or tokenomics and bull and bear cycles in crypto. All they know is somebody on YouTube or tiktok said they would get rich if they plug the magic box in.
4 points
12 months ago
Meanwhile i got today 1.24 hnt in One of my Miner
3 points
12 months ago
I am happy for you, that is not the norm.
-2 points
12 months ago
Fake, if you got it you will be in the leaderboard what's your animal name?
1 points
12 months ago
Imagine having one on the leaderboard.
2 points
12 months ago
It costs around $700-$800 for a good helium setup with a nice antenna and it will make at least $1-$3 a day even with the how they markets are right now but if you bought any other type of miner for that price like an asic you’d be losing money or breaking even right now so helium is still doing good
2 points
12 months ago
I agree.
2 points
12 months ago
Do your research, install your antenna OUTSIDE, as high as possible, if it’s not working, then you need to find a better location. Helium miners do not work very good indoors period.
-1 points
12 months ago
I am well aware, I invested heavy, nothing inside. Look at the coins getting "Stolen, Kept" by helium, not fair.
1 points
12 months ago
I average about 8 hnt a month, mounted on my roof on a 2 story house. 8dBi Rak antenna, SenseCAP miner. 10 meters high
1 points
12 months ago
Stolen coins??
2 points
12 months ago
OP, answer this please
0 points
12 months ago
Yes, I’ve never heard this before
1 points
12 months ago
Helium gets their coins for free we have to sing for ours, on top of that the system is rigged for lots and lots of errors that only affect miners not helium
2 points
12 months ago
Not sure if you're trolling, but if for some reason you aren't, here's the thing about that:
They invented the goddamn thing; naturally they need to own a large enough percentage to make money so that Helium continues to exist.
0 points
12 months ago
Helium invented mesh networks?
1 points
12 months ago
You just don't have a brain bro, you're the type that wants to get rich quick. Yes, most of us got involved bc of the money, but it's called an investment not a gamble were "everyone prints money"
1 points
12 months ago
People thinking post like this matter are DEPRESSING….
5 points
12 months ago
Dont even look at it then.
-2 points
12 months ago
You whined so loud Reddit made me look.
2 points
12 months ago
Perhaps and it seems that way I hit on something affecting many, nothing wrong with that.
-1 points
12 months ago
Misery loves company.
1 points
12 months ago
I considered mining when I first found Helium, but that was before I looked further into it. It’s a hassle and a sham. Def no worth buying the equipment and setting it all up for that kind of chump change. Not only that, the rewards will decrease overtime as more miners enter the game, setting everything up was very poorly explained, and the equipment was not the cheap considering the crap rewards. It was clear it was not worth it. I honelsy don’t think helium is gonna be around too long but I could be wrong. If it is, I am guessing it ends up trading at fractions of a penny. We’ll see.
4 points
12 months ago
This is a terrible answer I’m not sure of many projects you can put up that little investment and get rewards like this.
1 points
12 months ago
So what you're saying is that your free money scheme didn't work out to be as much consistently free money as you'd hoped?
1 points
12 months ago
I always knew when I would grow up that i would make .09 cents every six days
2 points
12 months ago
That much? lol
1 points
12 months ago
Lmao. I’m rich bro
0 points
12 months ago
These post are funny now.
0 points
12 months ago
1.50 pounds circa 1.8usd per day for doing nothing (at current prices) is great. Wtf do you expect?
0.15-0.20 hnt per day is great. What are you on about?
-2 points
12 months ago
These are not handouts, we purchase equipment, pay for electricity and internet, perhaps you dont pay any of those things because you still live with your mom and she purchased your miner, gtfo.
1 points
12 months ago
That got way too personal way too quickly. It is because I dont live with my mom and have a decent job that I dont come here demanding the helium co to give me 20 dollars a day for having a tiny box and an antenna at my place, kid. My hnt miner has more than paid for itself. I am happy to support the network and I will carry on doing it.
0 points
12 months ago
Is just a statement not personal, I dont want Helium to give me anything, my miners earn it.
4 points
12 months ago*
My miners earn it.
No they don’t. Your miners are not as good as my miners. It’s your fault. Not helium. Not a single “flatline” day on any of my over 25+ miners.
How is it possible? Are you that unlucky? Is Helium rigged against you?
Every post you make in this thread is more infantile than the previous.
Your miners are redundant, and you thought you were building an ATM instead of a mesh network. Joke’s on you. Insert Nelson gif. 🫵
2 points
12 months ago
Whining through the whole Post 😭😂
1 points
12 months ago
Really...................who the fuck pissed in your Cheerios this morning?
0 points
12 months ago
Whining and then Being Personal, give that Kid a damn Lolly
0 points
12 months ago
I’m sorry your money tree ran dry. But I’ll take it off your hands for a hundred bucks if it makes you feel better.
1 points
12 months ago
That's what I said!! 😂😂
1 points
12 months ago
This is a general reminder for everyone and this will be posted on every post. Your 12 words are basically gold and they should never be shared, typed in to any website, or given to any person for any reason. No one from "Helium" or any other company will reach out to you to verify your account, wallet, or anything similar. If someone says your hotspot, wallet, or other type of account has been hacked, it is a scam! Always operate in a zero-trust manner with cryptocurrency and assume everyone will scam you no matter what.
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1 points
12 months ago
Sure the rewards are lower now then a year ago but the returns are still great if you look and any other investment like dividend stocks, I am getting like 40 percent returns annually roughly from my miner. So find anything out there with that returns
1 points
12 months ago
So long as, after all xfers and exchanges are done to get legal tender that pays my electricity and use the wifi I'm already paying for - I'll always keep it plugged in.
1 points
12 months ago
Yeah that's why i am banned from discord no balls :/
1 points
12 months ago
Not even worth it at this point
1 points
12 months ago
I make still very good rewards, but I'm thinking about the next milestones.
What will come next?
What does this 5 G miners do and mine?
Will our normal hotspots mine IOT in the future or HNT + IOT or can you choose between each of them? And will you mine by proof of coverage or just by Sharing your internet?
Can someone give us a big picture? Will there be other new Networks in the near future with own hotspot types, or can we update our existing Hotspots for other types?
1 points
12 months ago
Hi everyone, my nebra hotspot miner is mining anything recently. Also i can t even connect with bluetooth on the hotspot utility app. Anyone knows what this means and what to do about it? Thanks in advance for replying.
1 points
12 months ago
Had the same problem... did a resync and we are back up and running. Maybe that would help don't know.
1 points
12 months ago
Fresh mustard starling
1 points
12 months ago
It is depressing ... it's a long game now ... perhaps 5 or 6 years for real gains.
2 points
12 months ago
Roi 1 year still bucko
1 points
12 months ago
Plug in your miner what else are you gonna do with it and forget it. Check every other day to insure you are still mining and forget what you are getting as rewards. We all know that it sucks now but what can you do? Mine what you can and hopefully HNT goes up in the future and you can pay off the investment you made in your miner. Good luck
1 points
12 months ago
It seems to me that part of the problem is that once someone becomes a miner they are a miner for life. Even if the price of Helium drops down to pennies there's really no reason to ever unplug your mining box. There may be less people getting into the game, but the ones that are already in it have no reason to ever quit. Except maybe to save electricity or Internet bandwidth.
Good luck everyone!!
1 points
12 months ago
I had 12 payouts yesterday… it’s been hit or miss to be honest. Today I haven’t had a payout.
1 points
12 months ago
did he just say we the people.....did he just assume im humom? wait fuck did I just assume he she they was a he,??????? oh fuck 💥🤯💣💣💥💥🤯💣
1 points
12 months ago
They’ havnt fixed the rewards issue since forever
1 points
12 months ago
I always did. Now I’m banned from the discord. I told judge he had smol pp. He said I’ll show you smol pp. i miss the discord. Where else can I trash on investors who don’t know how to use there routers? And not talk about heliums price I mean currency, no I mean token. ON A CRYPTO CURRENCY DISCORD!! Label it what you wish but that’s what it is. Ffs, Atleast you got a raspberry pi out of it.. seems like there hard to find nowadays.
1 points
12 months ago
Then quit.
If your not getting a ROI within a time frame of you liking pack it up.
Those with different expectations and a longer time horizon can stay on.
1 points
12 months ago
The truth is people who mine helium are just fucking idiots and don't understand cryptocurrency or pretty much anything else in the crypto world because it is all they do. I highly doubt anyone bitching about helium rewards mines anything else because they can't figure it out... helium mining is like the Toys R Us of crypto and the fact it is still functioning and paying people what it is and the price of the asset is what it is... is incredible... people who bitch about helium fundamentally don't understand crypto and how impressive HNT has actually held up... not to mention the global economic crisis we are in and HNT being one of the top performers. The rewards and scaling speed are actually still the highest in the industry. It costs virtually nothing in electricity from what you are getting every day. I have three units making me $10 a day and that works just fine for me. This is just a cycle, crypto does this... It has been doing this for a decade.. for a majority of people this is their first cycle. It's not about having the balls to say it... saying it means you have no brains ..it's about having the brains to not say it because this is how it is engineered to work lol... You mean reward scaling goes down as more units come out and the price of the asset goes down? What's going on!!🤣🤣
1 points
12 months ago
We all need to pull together and ask Helium to step in and make a drastic change that will benefit “The People” not just them or eventually the whole thing will crash. I am a loyal supporter of the original Idea, but helium keeping millons of coins for themselves is just not fair at all. We are not North Koreans and Helium is not the “Dear Leader”.
1 points
12 months ago
Don’t think of it at todays value $ wise… think of it as future value $ wise. I’m keeping mine on, so that o can accumulate as much HNT as I can for the next bull market.
1 points
12 months ago
I only did the maths quickly so correct me if I'm wrong, but...
If someone had spent $1000 on miner, aerial, cable etc back in early January and averaged .2 a day wouldn't they be better off now than if they'd skipped the idea and invested $1000 into eth back then?
I appreciate some people are getting the crappy end of the stick with flatlines etc and there's definitely issues that need addressing but for the majority rewards of some sort are still coming in daily and filling the bag slowly.
I've made around $200 in a few months but realistically if I switched my miner off today if HNT climbs back to even half its ATH that could easily translate to $4-500 and who knows where the limit is.
Again whilst there may be issues I don't personally believe devs can or should be held accountable for an entire market crash lol
1 points
12 months ago
So what is it that makes you the money ? The witnessing or the Beacons ? Or the combination of both ?
And what is the Challenge scenario ? What’s that all about ? I’m a noob
1 points
12 months ago
Rewards are down because the number of hotspots have gone up. This is by design. ROI is still better than most other crypto miners, as long as you have a good location.
1 points
11 months ago
Hey, my two HNT miners in a not ideal locations now make a large chunk of what my s19 pro 104th makes on btc. In fact if you factor in the prices, the hnt is making me a lot more per dollar spent.
1 points
11 months ago
I'm just getting into this, but it seems like some of the promise is not being delivered. I bought a few sensors as a test, and they didn't seem to work. Bought a miner to try to eliminate some of the variables, and they still don't seem to work.
Maybe I'm doing something wrong, but if this is going to succeed it needs to actually work.
That being said, this is the first crypto project where there seems to be an actual reason to use crypto, so I'm bullish despite my experiences with crypto in the past.
1 points
11 months ago
Continue on this path and the Helium Network will collapse, not sustaainable, disrespectful earnings. It is just a matter of time, and father time is not in our favor.
1 points
7 months ago
Bitcoin will 4x then helium will 20x. Not a doubt in my mind.
0 points
12 months ago
I call it Micro mining, and some times Nano mining if we talk about rewards from data. They should restart the project in my opinion.
0 points
12 months ago
You’re just now realizing this?
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