*This blog is educational and not should not be considered financial advice. All investment opportunities carry the risk of losing your principal investment. Past performance is not a guide to future performance.
Making a helium investment is a smart way to take advantage of getting in on one of the most exciting investments of the year. We’re not talking about imperial helium or stocks in rare earth metals, we’re here to give you investment advice on how to join the rush for the global demand on HNT crypto.
A relatively young currency, HNT is mined in the Helium Network, which provides low-power wireless coverage to a variety of IoT clients around the world. As a leading miner of Helium in the world, Emrit knows a thing or two about the network – and how to claim your stake in the world’s supply of this exciting currency.
But what does “investing” in a cryptocurrency actually entail? And what’s the difference between mining HNT and simply acquiring it on a coin-exchange portal?
In today’s blog we’ll:
· Review the Helium Network and HNT
· Explain the Fundamentals of Crypto Investments
· Analyze the growth of HNT
· Explain how you can mine HNT
Recap: The Helium Network
In our past blogs, we’ve spent time exploring the Helium network from a technological perspective: what it is, what it does, how it works. 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, it provides low-power network coverage to billions of IoT systems and devices that don’t want to rely on traditional cell carriers for reasons of security or cost.
Devices that tap into the Helium network to transmit data between one another are guaranteed secure information exchange and immutability, thanks to blockchain technology. That makes the Helium network more than a simple alternative to centralized coverage structures.
Indeed, the Helium network represents the full potential of blockchain technology, providing a people-driven, energy-efficient alternative to a good we take for granted. But 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 kind of consensus mechanism, that validates actions on the blockchain and transmits data. In essence, hosting a mini-cell tower that taps you into the earnings of the network.
The Fundamentals of Helium Investments
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, young 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 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. A wallet with local storage on your device, for instance, can be lost if you lose your device.
As soon as you transfer currency to a marketplace, continue to be vigilant about security. The cryptocurrency heists you hear about in the news never involve blockchain technology, but crypto markets on a traditional server structure.
Keeping all of those things in mind, let’s talk specifics. HNT, for instance, can be stored and transferred in a wallet built for Helium’s HNT crypto. And as an Emritan, all your earnings will be stored in the Emrit app which includes the Helium wallet, from which you can transfer them to another digital wallet at will. Unlimited access to safely stored crypto doesn’t have to be difficult – and it shouldn’t figure in your investment decision.
Since the beginning of 2021, HNT has already gained around 4000% in value on exchange networks. At the beginning of 2021, one HNT was valued at around $1.30. The market cap of Helium has expanded to over $3 billion dollars with a single token worth over $20.
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. Verizon has a market cap of over $220 billion. Of course, Verizon is a household name in the US, with significant cell infrastructure in every state. But 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, in the early stages of its infrastructure rollout, just wait until Helium continues expanding. In fact, Helium is already building on its IoT coverage and launched an additional decentralized 5G network in the U.S.
That means global, decentralized cell coverage for human users. Sounds promising? It does to us, too.
Earning Helium with Minimal 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 earn your first Helium, without any significant financial investment.
By joining Emrit, you can host a subsidized Helium node. All you have to do is plug it in and connect it to your broadband internet connection. You’ll be splitting the earnings of your node with Emrit and thereby growing your wallet of HNT without 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 the value of HNT and making your low-risk investment pay out big time in the long run.
Summary: Investing in Helium At Lower Risk
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 no risk to yourself or your finances.
In this blog we:
· Reviewed basics about the Helium network and HNT
· Covered the Basics about Investing in Cryptocurrency
· Analyzed the Growth of HNT
· Revealed how you can mine HNT with minimual financial risk to yourself
Hosting a Helium miner with Emriti s a great way to get into cryptocurrency mining. Our supportive community is tailor-made for people who are eager to learn more, even if they know little to nothing about blockchain technology!