Helium Mining Introduction

Helium Mining Introduction

by John Welkener

​​What is Helium Network?

• ​The People's Network

  • ​The world's fastest-growing IoT network

​

• ​Next-generation internet technology

  • ​LoRaWAN -Long Range Wide Area Network

  • LongFi - covers 200x the area of traditional WiFi

  • ​Blockchain - the code behind cryptocurrency

​

• ​I'm confused/skeptical/curious - check helium.com

What is the Internet of Things (IoT)?

​Machines talking to machines

​

​Web 3.0: Millions of Applications

• Agriculture: monitor air and soil conditions

• Healthcare: device and patient monitoring

• Household: pet trackers, smart home appliances

• Transportation: package delivery, supply chain, scooter

rentals, ​and much more!

Multiple Choice

What is Helium Network?

• The world's largest 5G network.

• The world's fastest-growing IoT network.

• A type of gas that makes your voice sound funny.

• All of the above.

FreedomFi Hotspot

*​The World's First 5G-enabled Helium Hotspot

​

*​Full-service Helium hotspot + 5G network node

​

​*Begins shipping September 2021

​How much does it cost?

How much to own?​

• The typical hotspot costs about $500 new

• ​The Bobcat 300 Miner (which John uses and recommends) costs $429 plus shipping

• ​The FreedomFi 5G-capable miner is expected to cost between $1,000 and $5,000

​

How much to run?

• Electricity - consumes about as much energy as a 5W lightbulb (less than $10/year in most residential areas)

• ​Data - a miner that runs 24/7 will use 20-30GB of data per month from your WiFi plan

​Where can I view my earnings?

​Helium app - tracks all hotspots associated with your Helium wallet, plus any hotspots you follow

​

​explorer.helium.com - shows all the hotspots on the network

​

Helium Chrome extension - live feed of your Helium earnings in new Chrome tab

​

​John's Helium Earnings Spreadsheet - updated monthly

​How can I get involved?

1. ​Host a hotspot in your house

   1. Must be within 8 miles of another active hotspot

   2. ​Rewards shared at 80% to owner, 20% to host

   3. Pay 50% of the cost of the miner to receive 50% of the rewards

2. ​Co-host a hotspot at someone else's house

   1. ​Receive a monthly percentage equal to the percentage that you covered

FAQs

​How can I receive my monthly rewards?

​ - Helium Token (HNT) or USD, depending on the agreement between host and owner

​

​How soon can I get a miner up and running in my house?

​ - Due to high demand and parts shortages, most hotspot miners are severely back-ordered. Bobcat miners are shipping 12-20 weeks from the purchase date, while most other makers are taking even longer :/

​

​What's the time commitment on this thing?

​ - It takes about 1 hour to get it all set up. After that it takes maybe 1-2 hours of maintenance per week to keep it up and running.

​

​More FAQs - https://docs.helium.com/faq/helium-network/

​TL;DR Summary

1. ​Helium Mining is the future.

2. Helium miners cost $500 each BUT can easily pay for themselves in 3-6 months.

3. ​John Welkener is asking trusted friends and family members to consider one of the following options:

   1. ​Co-own a hotspot with John, splitting the costs and returns 50/50

   2. ​Host or co-host one of John's hotspots for FREE to receive up to 30% of the monthly returns

​Closing quiz

Multiple Choice

About how much does a typical Helium hotspot miner cost?

• $100-$200

• $10-$20

• $400-$600

• $1,000-$5,000

Multiple Select

Where can I find a map with all the Helium hotspots around the world?

• Google

• explorer.helium.com

• Under my chair

• The Helium app on my phone.

Multiple Select

What is John offering to encourage you to partner with him in Helium Mining?

• Host one of John's hotspots at your house. John pays all up-front costs, and you get 20% of the monthly returns.

• Co-host one of John's hotspots at your friend's house. 

• Split the up-front costs of a miner 50/50 with John to receive 50% of the monthly returns.

• Any of the above.

Poll

Based on what you have learned today, please rate your interest level in Helium mining from 1-5.

• 5 - sign me up! Let's get a hotspot going at my house.

• 4 - I'm interested, but would like more information.

• 3 - I'm on the fence.

• 2 - I'm interested, but I don't think I can host a hotspot.

• 1 - No thanks, I'm not interested at this time.