Helium mining profitability is an increasingly promising prospect. What could start out as a small investment, could grow into a massive pay-out in a matter of years. It’s not too late to start mining cryptocurrency with Helium: as it’s growing fast, and has already proven its profit potential.
HNT is the cryptocurrency mined on the Helium Network, which provides low-power wireless coverage to a variety of IoT clients around the world. As a leading deployer of Helium miners in the world, Emrit has become an expert on all things Helium. We’re here to tell you everything you need to know about maximizing the profit of your Helium journey.
In today’s blog we’ll:
- Review the Helium Network and HNT
- Analyze the growth of HNT and explain why it’s a great investment
- Explain why crypto can be so profitable
- Explain how you can start collecting HNT at low financial risk
Recap: The Helium Network
In some of our other blogs, we’ve explored the Helium network from all kinds of vantage: its function, its history, and its significance for Web 3.0 among them. Let’s recap some of the foundational ideas.
Helium is also known as “The People’s Network.” Driven by the Helium blockchain and decentralized infrastructure in the form of Helium hotspots, it provides low-power network coverage to power IoT sensors that transmit small amounts of data to online applications, and therefore don’t require expensive cellular coverage. LoRaWAN (long-range, wide-area network) is the secret sauce of Helium’s low power effectiveness: providing legitimate wireless coverage using already existing tech – powering smart homes, businesses, and cities.
Indeed, the Helium network represents the full potential of blockchain technology, providing a people-driven, energy-efficient alternative to a service we take for granted. We all stand to gain from data connectivity that is immutably secure and functions on a decentralized, wealth-sharing platform.
HNT is mined by hosting a node of the network that provides “proof-of-coverage,” a consensus mechanism, and transmits data. In essence, hosting a mini-cell tower taps you into the earnings of the network. Your Helium miner is a crucial part of the network.
Helium Stocks: The Growth of HNT
Since the beginning of 2021, HNT has already gained around 4000% in value on exchange networks. At the beginning of last year, one HNT was valued at around $1.30. Now, in March, its value has reached around $24. The market cap of Helium has expanded to over $3 billion dollars.
That’s the kind of indicator that gets investors interested. What can we infer from past performance? Has there been growth, and is the potential of growth high? What kind of financial promise does a network yield at all? And how do we know that Helium will continue increasing in value?
Take a cell carrier like Verizon. Current market cap? Over $220 billion. Even a regional carrier like Spectrum has a market cap of $115 billion.
Unlike both Spectrum and Verizon, Helium is a global network. Its growth potential is incredibly high; if it’s already got a market cap of $3 billion now, just wait until Helium launches its decentralized 5G network in the near future.
In other words, we believe in HNT as a long-term investment. Maybe not for massive short-term gains, but certainly for the potential to make a lot of money in the long term. How do you do that, without risking a huge chunk of cash?
Why Make Crypto Investments at All?
Investing in cryptocurrency is a relatively new form of investment, particularly because most of the currencies are very new themselves. As with any new product or currency, emerging markets are much more volatile than established ones, meaning that supporting a currency early in its development can be both high-risk and high-reward.
The key to safely acquiring and storing your own cryptocurrency is to use a trustworthy wallet. Just because cryptocurrencies are intangible doesn’t mean you can’t lose them. Helium makes it easy with their own wallet which makes storing and transferring HNT simple.
A low-risk way to invest in Helium is to earn it passively. Helium wouldn’t have become an increasingly attractive option for companies if the network hadn’t expanded dramatically. That growth is directly driven by new miners, all around the world. Start Helium mining today and see how the helium network continues to grow and grow more profitable.
Here’s where Emrit comes in.
As one of the leading deployers of Helium miners in the world, Emrit has contributed massively to the expansion of Helium’s viability and thereby the value of HNT. That’s because Emrit is a distributed blockchain infrastructure company. We invest in the distribution of Helium nodes, or miners, to build the network – and share the wealth.
Earning HNT with Low Financial Risk
That’s where someone like you comes in. If you’re new to the crypto investment game, you might not be ready to stake a significant sum on an emerging currency like HNT. We’re here to tell you that that’s okay. There’s a low-risk way to begin earning your own HNT, without any significant financial investment.
By joining Emrit, you’ll receive a partially subsidized Helium node. Devices that sell for over $600 dollars, yours for $199. All you have to do is plug it in and connect it to your wireless router. You’ll be splitting the earnings of your node 50/50 with Emrit and thereby growing your wallet of HNT with lower financial risk.
There’s no catch – the energy use of an Emrit CoolSpot is equivalent to that of a 5W light bulb (compare that to a standard 100W light bulb in your ceiling), and its impact on your utility costs will be negligible. Helium and Emrit rely on people like you to build the network – thereby increasing its commercial value and making your low-risk investment potentially pay off big in the long run.
Summary: Investing in HNT Can be Low-Risk, High Reward
Emrit believes in the promise of the Helium network. That’s why we’ve staked a huge part of our first phase of growth on Helium. Taking that risk allows people like you to earn HNT at lower risk to yourself or your finances.
In this blog we:
- Reviewed basics about the Helium network and HNT
- Analyzed the Growth of HNT and why it’s a good investment
- Revealed how you can earn HNT with low financial risk to yourself
Becoming part of the Emrit family is a great way to get into the crypto world. Our supportive community is tailor-made for people who are eager to learn more, even if they know nothing about blockchain technology! And joining Emrit now is in itself an investment – we’ve got big plans, and we want you to be a part of them!
Come along for the ride into the exciting world of Web3!