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Helium Mining Introduction

Helium Mining Introduction

Assessment

Presentation

Computers, Specialty, Other

Professional Development

Medium

Created by

John Welkener

Used 1+ times

FREE Resource

11 Slides • 5 Questions

1

Helium Mining Introduction

by John Welkener

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3

​​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

4

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!

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5

Multiple Choice

Question image

What is Helium Network?

1

The world's largest 5G network.

2

The world's fastest-growing IoT network.

3

A type of gas that makes your voice sound funny.

4

All of the above.

6

FreedomFi Hotspot

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

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

​*Begins shipping September 2021

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7

​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

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​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

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9

​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

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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/

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​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

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​Closing quiz

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Multiple Choice

About how much does a typical Helium hotspot miner cost?

1

$100-$200

2

$10-$20

3

$400-$600

4

$1,000-$5,000

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Multiple Select

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

1

Google

2

explorer.helium.com

3

Under my chair

4

The Helium app on my phone.

15

Multiple Select

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

1

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

2

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

3

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

4

Any of the above.

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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.

Helium Mining Introduction

by John Welkener

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