I just bought a Helium miner (Bobcat Miner 300) within 1 week and test it out. In this beginners tutorial, I tell you all about the miner, what my setup looks like, which miners are the best, and how much I’ve earned so far. Is helium mining worth it? 2022 (Bobcat 300 Miner Beginners Tutorial)
Many people around the world are trying to have passive income from cryptos and one of them is crypto mining. Some people are mining Bitcoin or Ethereum. However, the most important disadvantage of them is that they consume a lot of electricity and you need to invest in very costly mining hardware.
Well, there’s an alternative option is called helium miner. I tried for almost a month now and I would to share with you how does it work? how much money do I make so far and how can you get started on it?
Here are all the tools I bought:
🤖 Bobcat 300 Miner: https://geni.us/bobcat
📡 LoRa Antenna 3DBI: https://geni.us/antenna
🇺🇸 Flagpole 20ft: https://geni.us/flagpole
💈 Tripod Base: https://geni.us/1qdcc
🚡 MPD Digital LMR 400 Coaxial Cable 30ft: https://geni.us/MPDdigital
⚡️ Lightning Arrestor: https://geni.us/lightningarrestor
🗜 Mount Clamp: https://geni.us/Mountclamp
📟 Ground Cable: https://geni.us/groundcable
∏ Ground Rod: https://geni.us/groundrod
📼 Eletrical Tape: https://geni.us/Electrictap
𖮃 Ground Clamp: https://geni.us/groundingclamp
✄ Wire Cutter: https://geni.us/wirecutter
What is helium?
Have you heard about kitchen robots? Today, there are more and more electronic devices that are being integrated with IoT technology.
As a result, devices such as traffic lights, home appliances, mobile phones, cars, among others, can have much more advanced functions. Helium is a blockchain that allows interconnecting such devices, which gives them the highest quality 5G internet no matter where they are located.
How? through “hotspots” also called Helium miners. They are devices like your home internet router that serve as nodes that give internet to those devices. In return, the Helium blockchain gives $HNT token as a reward to every hotspot.
I got my bobcat miner within a week when I order it. Now here’s the catch if you order the straight from their website cost you $460 but you will need to wait 5 – 8 month to get your miner or you pay on amazon just like me and you get your miner within a week but you have to pay double the price $900.
What do you like to do? Do you want to wait or do you want to get this machine up and going so you can make some money? not financial advice so do your own due diligence.
Bobcat is not the only one out there in the market you can use other brands that qualify for helium. Let me show you:
How does it work?
All you need to do is connect your miner to your internet and download the helium app then your miner starts to make money.
And here’s where I place them when I first try it out
Look at my result I only connect 2 witnesses which are not that great because it is indoor.
You know what I do my research and talk to a bunch of people in the community. And the best way to earn more Helium get your antenna outside the house. So I did let me show you
Here is my result when I set up my antenna outside the house and up 25 ft in the air.
What did I learn so far?
If you want to make more money then get your antenna outside the house if you can’t then try to put your antenna up in the attic. People really focus on what is antenna good antenna, what connect should I use. Here is what you need to focus on:
- Location
Depend on where you live are you live in dense city where a lot of hotspot the more hotspot in 1 hex the lesser you earn.
- How high can you get your antenna
Can you able to get your antenna up to 25 ft, 30 ft or even 50 ft. The higher your antenna the more reach they get to another hotspot
- Choose your antenna
Here’s the graphic show the antenna range, The antenna I use outside is 3dbi. Start small 3dbi first if it is not great go to 5.8 dbi or even 8 dbi.
- Choose your connection
When you decide to put your miner outdoor, please use a good connection like coaxial cable LMR 400 if it is 10 ft, if it is more than 40 ft use 600 cable. I’m recommend using brand call MPD Digital.
You going to be like mike where can I buy all these stuff, you dont need to be worry I have link down below all the equipment.
How much money can you make?
Mining HNT has become a nice little stream of set-it-and-forget-it passive income. As for how much you earn each day, it depends on the price of HNT on an exchange.
You can expect to earn anywhere from 50cents to $5 per day or if you have a crazy set up then $8 to $10 per day.
Now let’s talk about pros vs cons:
Pros:
Get start easily
Earn HNT while you sleep
Helium network is growing
Cons:
Can be little bit pricey
(The set up can cost $400 to $1500)
Earning not guaranteed this is crypto you never know what going be happen and depend your location
Shipping delay if you decide to buy straight from manufacture you going be wait for a while.