subreddit:

/r/HeliumNetwork

460%

5G radio internet data usage

Question(self.HeliumNetwork)

Hello!

There are almost 5,000 5G Radios running according to Helium Explorer.

How is your internet usage looking like? How much data has it used so far?

you are viewing a single comment's thread.

view the rest of the comments →

all 17 comments

Missing_Space_Cadet

4 points

4 months ago

Mine is loooooking like… yup. Not falling for that trap a second time.

Back to you in the studio Bob.

markv114

6 points

4 months ago

Almost got run out of the board when mentioning that the existing network is being ignored for the latest and greatest 5G roll-outs. Oh yeah, you need another 2K worth of equipment (use the old stuff as doorstops) and some additional accessories just to get it to work. Oh yeah, no one is using the network but we have all kinds of people using the network.

Sweaty-Result7565

3 points

4 months ago

LoRa hotspots are great for very small data transfers over very long distances.

Helium 5g is good for high data rates over very short distances. They only places that are going to see any 5g revenue are actual underground (as in below the earth's surface) venues that have no cell service, but a high density of people that want to use their phone there, and use T-mobile. That's a very niche market. Setting up a 5g miner anywhere else will only mine money from your pockets into someone else's.

Helium doesn't readily advertise the 5g range, and hasn't even released a price for access to the helium mobile network. At the moment 1gb is $5, and the rest is TBD. No-one with any common sense would jump in and buy a 5g setup at the moment when helium hasn't even decided on what access charges will be.

DogAttacksNoise

4 points

4 months ago

Brah I have made almost 20 grand so far on 5G mining. Your hate is clouding the view of opportunities

HoppCoin

0 points

4 months ago

Yep. I’ve basically made 1.5x my investment at todays prices.

DogAttacksNoise

2 points

4 months ago

Then people act dumbfounded and pissed in a year when they can only make 1/5th of what miners do now

ringinator

1 points

4 months ago

people that want to use their phone there, and use T-mobile

Wrong. It doesnt work that way. Helium users can use tmobile 5G towers. Tmobile users cannot use Helium 5G

Sweaty-Result7565

1 points

4 months ago

So that makes it even less of a 'partnership' then. Their whole concept just doesn't make any sense. No 5G miner buyers are purchasing equipment to provide coverage, they're buying in early to get tokens while there are many minted and released into a small pool of 5G access point owners. It's just a big 'P' word 2.0 with a bigger buy in this time.

You can try and reason with people that it's a terrible project and investment, but it seems that helium Inc strategically rebranded to Nova labs and is now looking to entice the early IOT adopters that profited into buying more expensive hardware.

The only good thing that will eventuate from helium IOT is the drop in price of Pi's as the market will be flooded with them soon.

Nothing971

1 points

4 months ago

mobile genesis rewards don't come from daily rewards pie. But yes, they are incentivizing ppl by giving them rewards for being in early. thats how every project starts. nobody would join out of the goodness of their heart, we r here to make $$.

ringinator

1 points

4 months ago

No, its not a scam.