re: Which one of you made $10k last month mining Helium?

quote:

---

so you telling me if i put an antenna up for you in my backyard, you're going to give me $300/month?

---

Probably not at this point, a lot has changed in the last 3 months. Market price of HNT has dropped, tons of hotspots added (which divides the rewards), growing pains with the network resulting in reduced rewards. The devs are very active and there are supposed to be some good fixes coming soon.

Even with all the recent troubles though, my miners are making about 2HNT/month each (which at current price is ~$50/month), and they are *not* in good locations with great setups. The network average right now is 3HNT/month, and there are many in the BR area making 5+. Still not $300/month, but I'm not complaining about my little bit of easy money.

Helium aims to mint 2.5 million HNT per month, which at the current count of nearly 700k hotspots should work out to an average of 3.5HNT/month or 0.12HNT/day. A lot of people just stick them near a window with the stock antenna, so just putting in a little effort to put it high and outside and a little money on a better antenna, then you can beat the vast majority out there.

I have two in service and I have two more on hand that I'm trying to place. If I can get all 4 of mine pinging each other I should be able to boost earnings on all of them to over 3HNT/month each. That would be about $300/month between the 4 of them after about $3k total invested. Not bad IMO. And I'll be holding most of it as HNT for a while.