Summary

  • Helium mining involves setting up a hotspot to earn the cryptocurrency HNT by contributing to the People’s Network.
  • This network provides low-power, long-range connectivity for Internet of Things (IoT) devices.
  • Miners are rewarded for offering wireless coverage and data transfer, making it different from traditional crypto mining.
  • Setting up a hotspot involves purchasing a Helium-approved miner, downloading the Helium app, creating an account, and syncing with the blockchain.
  • Earning HNT involves providing network coverage, taking part in proof-of-coverage challenges, and relaying data packets.
  • Maximizing profits involves optimal hotspot placement, upgrading antennas, and choosing the right coverage area.
  • Earnings vary depending on location and network demands, with estimates between 500 per month.
  • Helium mining is still profitable in 2025, although earnings have declined in some locations.

By Fromdev Publisher

Original Article