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Author Topic: Helium raspberry pi mining still possible?  (Read 110 times)
BitMaxz (OP)
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February 15, 2024, 08:20:59 PM
 #1

Is there anyone here who earns HNT with Raspberry Pi?

I saw some DIY guides out there that include RaK kit planning to build but the problem is I'm not sure if I can mine or be rewarded with helium running Raspberry Pi.
Just confused with articles out there about LoRawan kit for helium mining. I hope someone here could give me some insight if Raspi is still applicable for helium mining I already asked this many times on their discord but they kicked me out from the server without telling me whats the reason is.

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JayDDee
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February 15, 2024, 08:57:56 PM
 #2

Helium isn't mining, there's no "proof", but that wasn't your question.
Helium uses LoRan and LoRan is a proprietary protocol so you have to pay for the interface and the included royalties.
It has nothing to do with RPi, any host will do but you still have to buy proprietary hardware for the LoRan interface and possibly
the Helium software.
It's all just a scam, IMO.

Bitcoin_Arena
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February 15, 2024, 10:59:07 PM
 #3

Helium isn't mining, there's no "proof", but that wasn't your question.
Apparently they do have it. It's known as “Proof of Coverage



OP before you think of anything, when you view the network map. Are you located in an area where there are so many hotspots nearby?

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BitMaxz (OP)
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February 16, 2024, 02:02:30 PM
 #4

Helium isn't mining, there's no "proof", but that wasn't your question.
Helium uses LoRan and LoRan is a proprietary protocol so you have to pay for the interface and the included royalties.
It has nothing to do with RPi, any host will do but you still have to buy proprietary hardware for the LoRan interface and possibly
the Helium software.
It's all just a scam, IMO.

How did you know that this is a scam? I'm actually following this project since 2021 and join many community just to be updated about this project I'm a bit late building my own RPi helium miner when it was available before but right now I'm interested the only problem is I heard that I can't mine helium with RPi but according to them if I do some experiment maybe I can mine HNT and rewarded with IOT.
That is why I decided to create a thread here and maybe someone here mining HNT with raspi and hoping that they can give some ideas or a setup on how to DIY helium miner because buying ready-made hotspot from abroad is pretty expensive so maybe I can save more if I do it with myself.


Apparently they do have it. It's known as “Proof of Coverage



OP before you think of anything, when you view the network map. Are you located in an area where there are so many hotspots nearby?

In my current location yes not but not saturated meaning I have lots of hex that I could claim if I decided to mine helium.
And take note Proof of coverage is not the only source of the reward they also have "Relay Device Data" where you can earn helium by transferring device data the more device data a hotspot transfers the more you earn. It is the same as a hotspot with many device connected if more people are connected on the same hotspot you can earn more.


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Bitcoin_Arena
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February 16, 2024, 11:44:16 PM
 #5

How did you know that this is a scam? I'm actually following this project since 2021 and join many community just to be updated about this project
Yeah, it's actually been there since sometime in 2019. Surely if it was a scam, there is no way it would be surviving 5 years later with the network coverage now much expanded compared to how it looked like back in the day.

I prefer its proof of coverage concept to this current not so genius proof of stake blockchains.

In my current location yes not but not saturated meaning I have lots of hex that I could claim if I decided to mine helium.
And take note Proof of coverage is not the only source of the reward they also have "Relay Device Data" where you can earn helium by transferring device data the more device data a hotspot transfers the more you earn. It is the same as a hotspot with many device connected if more people are connected on the same hotspot you can earn more.
Thanks for the insight.

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JayDDee
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February 17, 2024, 12:03:31 AM
 #6

How did you know that this is a scam? I'm actually following this project since 2021 and join many community just to be updated about this project
Yeah, it's actually been there since sometime in 2019. Surely if it was a scam, there is no way it would be surviving 5 years later with the network coverage now much expanded compared to how it looked like back in the day.

I prefer its proof of coverage concept to this current not so genius proof of stake blockchains.

In my current location yes not but not saturated meaning I have lots of hex that I could claim if I decided to mine helium.
And take note Proof of coverage is not the only source of the reward they also have "Relay Device Data" where you can earn helium by transferring device data the more device data a hotspot transfers the more you earn. It is the same as a hotspot with many device connected if more people are connected on the same hotspot you can earn more.
Thanks for the insight.

It's a 4 level scam where they get other people to do their work for them while making money at every step.

1. they're getting people to build their network for them for free,
2. they're getting people to buy their hardware to do it,
3. they convince people to run the network by rewarding them with worthless tokens,
4. they get a network on which they can then sell access.


Bitcoin_Arena
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February 17, 2024, 10:49:19 PM
 #7

It's a 4 level scam where they get other people to do their work for them while making money at every step.

1. they're getting people to build their network for them for free,
2. they're getting people to buy their hardware to do it,
3. they convince people to run the network by rewarding them with worthless tokens,
4. they get a network on which they can then sell access.
Isn't this what most of the miners go through when trying to earn mining rewards on other networks as well (after Bitcoin)? On the part of buying “their” hardware, I don't think that is true. Most of the merchants selling the hardware are 3rd party providers.
I am not a fan of a number of tokens and shitcoins, but at least their tokens have some value on exchanges.

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JayDDee
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February 17, 2024, 11:22:14 PM
 #8

It's a 4 level scam where they get other people to do their work for them while making money at every step.

1. they're getting people to build their network for them for free,
2. they're getting people to buy their hardware to do it,
3. they convince people to run the network by rewarding them with worthless tokens,
4. they get a network on which they can then sell access.
Isn't this what most of the miners go through when trying to earn mining rewards on other networks as well (after Bitcoin)? On the part of buying “their” hardware, I don't think that is true. Most of the merchants selling the hardware are 3rd party providers.
I am not a fan of a number of tokens and shitcoins, but at least their tokens have some value on exchanges.

Many shitcoins are also scams. Many scams aren't shitcoins or coins  at all. Helium is creating a whole new network based on LoRan for IOT devices with the hotspots
being the gateways to the internet. They theoretically have a whole LoRaWAN at their disposal which not only cost them nothing to build but they actually made money
from its building. They can make a ton more money by selling access to the LoRaWAN network.

I don't know if a 3rd party LoRa NIC will work but they're still making lots of money by selling hotspots at a profit. And the tokens they pay "miners" with cost them nothing.

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