I was researching about the ETH mining alternatives and find HNT (Helium) I feel like we can build a really good community over it.. it is cheap and ROI is 1month nowadays... (HNT 12$)
I will try to cover all possible resources in this post and if we do that everyone can earn a good amount from mining the HNT coin. it is not old and it is cheaper for everyone to buy it and earn from it.
#Technical_Talk
Ok so this coin mining works with peer to peer, Peer to Peer means that if you have a miner near you in a radius of 300 meters, it will give you more than 20% rewards if you are in rural areas like only 1 then the rewards are less. They have built their algo on this peer to peer network and giving rewards on the basis of it.
I am attaching the screenshot from explorer.helium .com/ coverage
As we can see we don't have any HNT miner in Pakistan or India and they have recently started providing Hotspot services to Asia.(RAT Miner).
If we talk about the ROI, the miner cost is around 400$ to 500$ depends upon the model you choose. the extra equipment and shipments will cost around 100$ on top so let's assume 600$ as an investment.
The HNT Miner mines minimum of 2HNT every day and p2p is strong then it earns more than 20HNT every day...
Lets assume 2HNT per day.. so we will be earning 24$/day and we
run it for 30 days it will give us 720$/Month.
I know that there is some artificial pump in HNT market so lets assume the price 5$ so we will be earning 10$ a day and 300$ a month means that 2months ROI.
Price is increasing day by day and it is live on top exchanges like Binance, hotbit & coinbase, today price is 12$ and
There are around 3 models available, Nebra, RAK & bobcat..
The RAT is offering ASIA-based hotspot services so for the Pakistan region we can only buy RAT and it is available on calchipconnect website.
If we look into explorer there are 28000+ members who are mining and ROI it is increasing, Also it is expected to be 300k miners by the end of 2021. So their community is OLD increasing day by day...
#whychooseHNT over ETH.
HNT Miners consume really low electricity like small wifi antenna while Ethereum miners consume huge electricity and difficulty is increasing day by day..... Avg ETH miner consumes 8KWH/Day having 150MH/S and HNT miner Hardly 10KWH in a month.
The main goal for writing so long was to aware of the community and if possible we can order a good amount of these miners and start mining in the first early stages of this coin as team.
Thanks everyone.