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53572386 No.53572386 [Reply] [Original]

I have one and I make ±10HNT a month, the thing uses less than 5W of electricity, which is basically nothing.
If you have a good location there is no reason not to get one imo.
I’m not particularly bullish on the token itself but if you mine it it’s basically free money. Used hotspots don’t cost that much and you can break even pretty quickly.

>> No.53573197

>>53572386
You guys know how to install a hotspot right?

>> No.53573207
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53573207

hell no lmao!

>> No.53573365

>>53572386
>pay 800 for a modem
>takes 8months to arrive
>need 99agility to install in some buckwild location for $5tokens

>> No.53573381

>>53572386
I make 15 dollars per day lending 21000 USD on bitfinex, and I don't have to buy anything and I don't have to pay electric costs.

>> No.53573433

>>53573365
You can find them for 200$
You just need to put an antenna on your roof

>> No.53573454

>>53572386
I have several and 5G. AMA.

>> No.53573457

>>53572386
Why would you mine this trash when you can mine chia for less wattage and better payouts? Sincere question

>> No.53573490

>>53572386
Look at Helium Explorer. See if you are in a good location or already have 20 hotspots in you hex.

>>53573365
Not any more. The Nova Labs played themselves. The bottom fell out of this thing. You can get cheap hotspots immediately either from OEM or on eBay.

>>53573433
You don't even need a roof. I high window or attic will often do just fine.

>> No.53573499

>>53573457
Chia is probably a better bet right now if you are looking for a project. But really, why not both?

>> No.53573500

>>53573381
So you locked 100 times the amount it takes to buy a hotspot but only get 16 times the returns?
I don’t know how that’s supposed to be a good thing.

>> No.53573528

>>53573457
5w is cents of electricity per month, it’s basically nothing
Still Chia is cool but the two things don’t cancel each other out

>> No.53573546

>>53573500
It is better than any savings account you can find and it means you can buy anything you want, every day. HNT, by the sounds of it, you have to wait a month, and earn only 2x what I earn in a day.

Further, it allows you flexibility in being able to buy when opportunities arise as USD is not locked forever, you stagger it over days so unlocks come every couple of days. Market goes down? Good, you have USD available. When you can't find anything good to buy, and interest rates are being raised, being in USD at 30% is considerably less risky than a token nobody will ever use.

>> No.53573559

>>53572386
I was luckily able to get one back when they were printing enough hnt to pay the purchase price off in a couple weeks. I miss those days so much bros.

>> No.53573638

>>53573457
I do all of the above because I have hardware and like supporting networks you niggers use faggot.. money is cool too

>> No.53573659

>>53573638
Nobody uses it, and never will.