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re: Which one of you made $10k last month mining Helium?
Posted on 8/16/21 at 9:16 pm to CarRamrod
Posted on 8/16/21 at 9:16 pm to CarRamrod
quote:
My bobcat 300 just came in.
Same. Set up 1 this weekend at my house in Central and another today in BR. Got some better antennas coming in at the end of next month.
2
Posted on 8/17/21 at 8:36 am to junkfunky
Still waiting for freedom fi to start shipping. They claim September but we will see.
Posted on 8/17/21 at 10:01 am to junkfunky
i cant get mine recognized. did you have any issues setting up?
I went through he app, the miner got a green light, but the app says i havent set up any miner
I went through he app, the miner got a green light, but the app says i havent set up any miner
Posted on 8/17/21 at 2:39 pm to CarRamrod
For those who still aren't sure what all this stuff is about, check out Barnacle for an example. It's a tracking device for high-value packages.
How it works:
A shipper buys Barnacles for $30/each (or a little cheaper in quantity). They scan the QR code and slip a Barnacle inside the box with the goods (they look to be roughly the size and shape of a small envelope). Now both the shipper and the recipient can track the package location in essentially real time. It also has package open detection (I assume via light sensors) so you will know if, when, and where the package was opened.
The Barnacle has pre-paid postage, so the recipient can put it in their mailbox to be returned to Barnacle. The shipper gets $20 back upon its return, so the net cost is $10 per package.
Pretty neat.
I would expect there to be competition soon, and hopefully the pricing can come down lower to allow lesser value packages to be tracked cost-effectively.
This can only be done with long-range, low-power wireless networks like LoRaWAN, and Helium looks to be far and away the best network of this kind. AFAIK it's the only network that incentivizes building, operating, and maintaining the network for others to use.
So the idea is that by the time the mining rewards start to wind down, the payout structure shifts over to data transit payouts. So maybe in a couple years every delivery truck that passes within a couple miles of you will have a few dozen packages inside transmitting data over your miner, and you collect the fees.
And that's just one example, it's not only about location tracking. If it can be measured, a Helium device can be built to measure it, and an application can be built to use the data.
How it works:
A shipper buys Barnacles for $30/each (or a little cheaper in quantity). They scan the QR code and slip a Barnacle inside the box with the goods (they look to be roughly the size and shape of a small envelope). Now both the shipper and the recipient can track the package location in essentially real time. It also has package open detection (I assume via light sensors) so you will know if, when, and where the package was opened.
The Barnacle has pre-paid postage, so the recipient can put it in their mailbox to be returned to Barnacle. The shipper gets $20 back upon its return, so the net cost is $10 per package.
Pretty neat.
I would expect there to be competition soon, and hopefully the pricing can come down lower to allow lesser value packages to be tracked cost-effectively.
This can only be done with long-range, low-power wireless networks like LoRaWAN, and Helium looks to be far and away the best network of this kind. AFAIK it's the only network that incentivizes building, operating, and maintaining the network for others to use.
So the idea is that by the time the mining rewards start to wind down, the payout structure shifts over to data transit payouts. So maybe in a couple years every delivery truck that passes within a couple miles of you will have a few dozen packages inside transmitting data over your miner, and you collect the fees.
And that's just one example, it's not only about location tracking. If it can be measured, a Helium device can be built to measure it, and an application can be built to use the data.
Posted on 8/17/21 at 2:53 pm to CarRamrod
quote:
i cant get mine recognized. did you have any issues setting up?
The 3 I have set up required me to put it in BT mode and register several times before it took.
quote:
I went through he app, the miner got a green light, but the app says i havent set up any miner
It took about an hour for mine to show up in the app.
Posted on 8/17/21 at 11:23 pm to junkfunky
Finally got it working. How much is one of yours making a day? I'm gonna order a few more.
Posted on 8/18/21 at 10:26 am to CarRamrod
quote:
How much is one of yours making a day?
Not hardly anything at all yet. One is still syncing and the others are only about half way through full progress.
Posted on 8/18/21 at 12:26 pm to junkfunky
i have a few more coming in at some point. I just dont know where i can put them. I just got turned down from a buddy that lives in a prime spot. Im gonna try at my work but the internet is going to be an issue.
Posted on 8/22/21 at 6:11 pm to CarRamrod
Any income from the bearcats yet? I have a couple on order and a great location off Siegen to deploy one of them.
Posted on 8/22/21 at 8:04 pm to drsung
quote:How do you define "great location"? What boxes do you check?
I have a couple on order and a great location off Siegen to deploy one of them.
Posted on 8/22/21 at 8:16 pm to tigerpawl
quote:Within radio range of as many others as possible, but further than 300 meters from all/most of them. Also preferably in a populated area so your miner is likely to be used in the future.
How do you define "great location"? What boxes do you check?
Posted on 8/22/21 at 10:42 pm to Korkstand
My office would be great. But I need to figure out how to get it on the internet as my office internet goes directly to corporate.
Posted on 8/30/21 at 2:30 pm to JohnnyKilroy
quote:They just put up a shipping countdown here. You can check your waitlist status to see what number you are in line. I'm about 7500 so mine is tentatively scheduled to ship in January.
Still waiting for freedom fi to start shipping. They claim September but we will see.
Posted on 10/23/21 at 8:34 pm to Korkstand
I still have no idea when my two RAK units that I ordered back in April/May will ship, but RAK has put out a new miner called MNTD and they don't take pre-orders. They only sell hardware that they have on hand, and they dropped a batch at 10 this morning. I was on time, and I made it to check out with my two units reserved, but my cc company declined it thinking it was fraud. 
By the time I got it sorted the standard units had sold out, so I had to settle for just one of the more expensive "gold" units. At least I'll be able to get started providing coverage and deploying devices.
By the time I got it sorted the standard units had sold out, so I had to settle for just one of the more expensive "gold" units. At least I'll be able to get started providing coverage and deploying devices.
Posted on 10/24/21 at 8:21 am to junkfunky
quote:
Either General Informatics or someone that works there and is about to be fired because of this thread.
It's the wild west over there.
There's not any real leadership, unless the firm that bailed them out has put more rules and regulations in place.
Posted on 11/1/21 at 9:40 pm to CarRamrod
To get money out of Kucoin, don't try to sell your coin then deposit, they will require KYC and it will slow the process down.
The solution is to transfer in crypto (USDT, BTC, ETH, etc,) to either your cold wallet deposit address or an exchange where you can sell quickly and deposit fiat to your bank. I currently use Blockchain.com for this, but I believe Robinhood may have the wallets set up sometime in 2022, and there are a few other good exchanges that give you actual wallet addresses.
I also have an app called Prodoge that you can deposit to, but there may be higher fees for selling and withdrawal. It's hard to find the best one without trial and error.
The solution is to transfer in crypto (USDT, BTC, ETH, etc,) to either your cold wallet deposit address or an exchange where you can sell quickly and deposit fiat to your bank. I currently use Blockchain.com for this, but I believe Robinhood may have the wallets set up sometime in 2022, and there are a few other good exchanges that give you actual wallet addresses.
I also have an app called Prodoge that you can deposit to, but there may be higher fees for selling and withdrawal. It's hard to find the best one without trial and error.
Posted on 11/2/21 at 3:16 pm to b3hr057
Just got on the second waitlist for the freedomfi helium miner. Was a shitshow lol.
Posted on 11/4/21 at 1:36 pm to Korkstand
My hotspot came in a couple days ago, still syncing. Is it supposed to show a progress % at some point or does it just go to synced?
I'm going to start deploying and testing devices soon, so if I hit on something neat I'll bump again.
One of the first I will build will be a water meter monitor. I finally got around to buying one of those Flume units, but the sons of bitches put API access behind a paywall now. No way I'm paying $50/year to get minute-to-minute water use stats, it will never be worth it.
I'm going to start deploying and testing devices soon, so if I hit on something neat I'll bump again.
One of the first I will build will be a water meter monitor. I finally got around to buying one of those Flume units, but the sons of bitches put API access behind a paywall now. No way I'm paying $50/year to get minute-to-minute water use stats, it will never be worth it.
Posted on 11/7/21 at 7:13 pm to Korkstand
It finished syncing and I've mined my first (fractional) HNT. Never thought I would be so excited about 32 cents. 
RAK is dropping another batch of MNTDs on the 16th. Get signed up for the newsletter here.
HNT has been surging the last few days. It touched $50 but is currently around $44. For reference it was around $14 when I started this thread in April.
I know it might seem that you'd be getting in the game too late right now, but we're still on the ground floor with this. I don't mean the price of HNT necessarily, but more so the IoT market in general. Yes there are already 300k miners out there, but checking the coverage map we're maybe 1% of the way to where it needs to be. When coverage is as widespread as cellular, a LOT of applications will be possible, and you can own and operate (and profit from) part of the network.
Today people pay ~$100/year for cellular pet tracking. frick that, it needs to be less than $10/year. Helium will do that.
Businesses and governments pay $10-20 per month per vehicle to track fleets. frick that, Helium will do it for $1/month.
Tens of millions of packages are shipped each day, and they damn sure won't be tracked via cellular. Helium will do this.
Smart utility metering, herd tracking/management, hyper-local weather, and on and on. There are applications that no one will think of until we have ubiquitous ultra-cheap connectivity using devices that are basically disposable, and that's what we're approaching with Helium.
There are competing technologies like sigfox and lte-m and wifi-ah, but I don't think any of them have the potential of helium. I think it was a stroke of genius to use crypto to incentivize building and operating the network.
RAK is dropping another batch of MNTDs on the 16th. Get signed up for the newsletter here.
HNT has been surging the last few days. It touched $50 but is currently around $44. For reference it was around $14 when I started this thread in April.
I know it might seem that you'd be getting in the game too late right now, but we're still on the ground floor with this. I don't mean the price of HNT necessarily, but more so the IoT market in general. Yes there are already 300k miners out there, but checking the coverage map we're maybe 1% of the way to where it needs to be. When coverage is as widespread as cellular, a LOT of applications will be possible, and you can own and operate (and profit from) part of the network.
Today people pay ~$100/year for cellular pet tracking. frick that, it needs to be less than $10/year. Helium will do that.
Businesses and governments pay $10-20 per month per vehicle to track fleets. frick that, Helium will do it for $1/month.
Tens of millions of packages are shipped each day, and they damn sure won't be tracked via cellular. Helium will do this.
Smart utility metering, herd tracking/management, hyper-local weather, and on and on. There are applications that no one will think of until we have ubiquitous ultra-cheap connectivity using devices that are basically disposable, and that's what we're approaching with Helium.
There are competing technologies like sigfox and lte-m and wifi-ah, but I don't think any of them have the potential of helium. I think it was a stroke of genius to use crypto to incentivize building and operating the network.
Posted on 11/8/21 at 3:52 pm to Korkstand
I’ve got 3 freedomfi’s on order now. Taking a lot for me to not drop a few K to buy some resale Rak units and get started. First freedomfi should be here in December but no telling when the other 2 will come.
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