Lately there are many ways you can do your part in the crypto world and mining at the same time. As a big fan of #leofinance, if there is one thing we do great, we share other tokens and how to find advantages throughout their blockchains. This collaboration did help many to profit early on to #Rune and other tokens out there.
For the past month late July to beginning of August I received two #bobcat miners. I did write couple posts about them. Easy to set up and ready to go after syncing with #helium blockchain for 24 hours. I do have one at my place and the other one I placed at a friend house 5 miles away.
I did set them up two weeks apart just to see how mining will work first. So far Bobcat is the one you can get quick. Check for your area and see which one will come first.
As of today both miners do mine around 10 HNT each. The one at my friend's house is working a lot better than mine. It has the opportunity to witness three more miners in the surrounding. I have to say just in August I saw a lot more miners in the area where I live. Folks are getting their miners and put them online as soon as possible.
Hopefully by this month I should recoup what I pay for both miners. I am getting close with one. I did have to wait for 20 weeks for the miners to arrive. Finally they are here. Mining Helium is the easiest you can do. At first I thought having more miners around you can dilute your earnings. Apparently yes but you need other miners to challenge and witness in order to earn so it is good to have them around you.
If you are by yourself you will not earn much. You have to order two and place quarter mile from each other. Make sure you place the antenna in the direction to witness each other. Some folks on youtube invest in buying high dbi antenna and place them on the roof for better signal and it works for them. So far I did cash out 10 HNT and as you know I purchase Hive with them.
I have now 10 waiting as I see the price is moving up quite well.
It is not a fast pace mining per day. It is the most passive way to earn crypto out there. Plug and play. Just look at your app on your phone daily and see your earning increases. I am contemplating of buying more miners. I need to look at the place to put them and where it may be more profitable. This is an understatement since you have a little control over them.
I should get my money back by October. I will let you know how things rolling then.
Keep vesting in yourself
