- Location
- Sandy, Ut
Bitcoin
- Thread starter Stephen
- Start date
- Location
- The Land Northward (Bountiful), Utah
Ooof
Now I'm only down 40% again. Hooray!!
anderson750
I'm working on it Rose
- Location
- Price, Utah
I am back up to a 104% gain.
Johnny Quest
Web Wheeler
- Location
- West Jordan
Shiba did well today; i'm almost back to where i started
SLC97SR5
IDIesel
- Location
- Davis County
But you received your free calendar, right?
It's almost expected when one group is so heavily incentivized and the others are left out. I'm sure Chip's emphasis on not being profitable for the next year did not help either.
Considering the industry standard I wouldn't call it heavily incentivized, and no one i've spoken to that wasn't planning to stay anyway was swayed by the "bonus" at all.
shortstraw8
Well-Known Member
Helium – Introducing The People's Network
www.helium.com
Homefryy
Active Member
- Location
- Salt Lake City
This seems pretty cool but also like skynet is going to track everyone. My neighborhood has a group that is putting these up, the main guy is kinda MLMing these all over "ill buy the unit if I can put it on your house and use your address and give you 25%." There is also a group of about 10 I guess that has meetings on crypto, Ill probably attend since he is supposedly making $700 a month. I was doing okay until the recent defi hack drained my etherium.Helium – Introducing The People's Network
I really like the Helium project. It is one of the only crypto projects that actually has the miners doing something extremely useful instead of just turning electricity into heat.
I don't think its any more skynet like than the wireless networks we have already that track your phone location and everything it does.
My brother has been running a Helium miner at his house in Holladay for a while now. A couple months ago when crypto prices were higher he was earning around $20 worth of Helium a day. I'm not sure what he is earning currently. I thought about setting one up at my house but there are already a bunch of miners set up near me so earnings wouldn't be that great.
RockChucker
Well-Known Member
- Location
- Highland
Homefryy
Active Member
- Location
- Salt Lake City
I believe it can vary a lot depending on the geography of the miner location and how many other miners are in the area. My understanding of the way earnings work is the network chooses a single miner to broadcast some signal. The more other miners that are able to receive that signal (referred to as "witnessing") the more the broadcaster earns. All of the witnesses also earn but whatever portion of that block reward that goes to the witnesses is divided among all of them.
The majority of what you earn is through witnessing so a higher antenna in a good geographical location with more range will earn more because it can witness more but earnings are reduced as the number of other miners that are also able to witness the same broadcasts as you increases.
Helium prices were a lot higher when my brother was earning ~$20/day. I think its only a couple of dollars a day now.
Johnny Quest
Web Wheeler
- Location
- West Jordan
"Bitcoin- a great way to turn $400 into $103.78"
anderson750
I'm working on it Rose
- Location
- Price, Utah
My initial Shib investment is back to the $100 I put in. Maybe it is time to buy more
I have to laugh at myself when I get excited my investment is back to initial investment. It happens often.
I bought more today, and more bitcoin. Who knows how long it’ll take to go back up but I keep buying in more and more
Johnny Quest
Web Wheeler
- Location
- West Jordan