What is a Helium Miner?

Helium is a blockchain network that is designed to create a decentralized wireless network for connected devices. As part of helping Helium network’s Proof of Coverage protocol, you can generate passive income by helping construct and maintain the Helium network with a helium miner.

Ok…so what in the world does this mean? Here are some easier ways to understand it.

• Helium is a tech company run on blockchain – meaning they have a cryptocurrency token called Helium Network Tokens (HNT)
• This company is facilitating new internet connections via a new network which is known as “The People’s Network”
• Other companies can utilize this network for cool, new technologies like GPS tracking, environment monitoring, and more.
• This can be done because there are hotspots (miners) all over that help create a network that these technologies can connect to.
• These hotspots can expand over 200x the normal wifi hotspot reach

Here’s a real-life example to help explain this:

InvisiLeash is one company that is building its technology and range of pet products using the Helium network. Imagine if you could find that Houdini-like dog that always somehow gets outside the fence or see how far your cat actually wanders on those big feline adventures.

With current chips that are implanted by the vet (which are still amazing), you can really only have the benefits of finding your pet once they’re returned to the vet or animal rescue facility.

But with Helium’s new network – tracking technology is affordable, has a long battery lifetime, and most importantly of all is decentralized – meaning that data is private!

Here’s a blurb from Helium’s website about InvisiLeash:

“Their smart collars allow owners to monitor their pet’s location in real-time even over many miles of distance using sub-Ghz frequency running on a ubiquitous, affordable network.

Using Helium, there’s no need to change batteries for years, since the network has embedded tracking which provides accurate location without power-hungry and expensive GPS or cellular components.”

Helium Website

Pretty cool, right?

Well, that little hotspot that helps track your furry friend is a Helium Miner. In exchange for hosting a miner in your home, you get rewarded with Helium tokens (HNT).

Why do you get rewarded?

You’re helping create an entirely new network! It’s really amazing stuff when you think about it. Since you’re plugging the miner into your home or office, Helium is rewarding you for the use of your electricity and wifi.

If you’re someone that watches your appliances like a hawk, then don’t worry! Helium Miners use about the same amount of energy as a lightbulb and the same amount of Wifi data as a short Netflix binge session.

Why is this better than using a traditional broadband connection that’s available now?

To do this, all you do is simply purchase a Helium Miner and plug it into your existing Wifi connection and a few other simple steps (you’ll get more of these when you receive your miner). Then, you’ll start ‘mining’ Helium tokens (HNT).

Ok so now for the big question…how much money will you make?

Well. This really all varies on your location, number of miners in the area, and other factors. Some people earn .3 HNT’s per day, while others make 1 HNT’s per day with one miner. With today’s current market value (24 August 2021), that means you could earn up to around $10 to $35 AUD per day. That’s anywhere between $3k – $11k passive income a year! They always say the best way to earn money is in your sleep, and a Helium Miner is definitely one way to achieve that goal.

Find out how much money you could make with a helium miner.

If you’re interested in securing yourself a Helium Miner, you can buy the Linxdot AU miner here. If you use the code ‘MINERSAU‘, you’ll receive a 3% discount.

Disclosure: The links provided in this blog are affiliate links. Helium Miners Australia will be paid a commission if you use these links to make a purchase.