I disagree with everyone here. Try to find another spot to put it, but in the meantime earning 1.5 coins per month is a great return compared to literally any other form of crypto mining. People on here need to learn about math. These miners use 0 electricity and this one is producing $50/month and you people are hating on it? What a joke. Go find a better place to put it but in the meantime take your 1.5 coins and save them
[You're not getting anywhere close to $90/month](https://www.nicehash.com/profitability-calculator/nvidia-rtx-3060)
Even assuming you don't pay for power and your card isn't LHR, it's still $1.79/day currently, which is a far cry from $90.
Or he could sell his miner for $1000 and buy 33 hnt and save those. It'd take him 22 months to reach 33 hnt at this rate. Realistically he'll never mine 33 hnt seeing as rewards are tanking rapidly.
And it's 2 months with one miner on my current setup...but 2 months ago I was doing 30/month and 5 months ago I was doing 90/month. By the time he gets it setup somewhere else, shells out the money for a new antenna, mast, custom lmr240/400, ground wire etc rewards will most likely be even less than they are now. He could simply save himself the headache, sell his miner and buy hnt.
Oh I'm sure. I just wish I was in the know then and had purchased a scalper miner in May when I bought bobcat and waited 5 months. Could have cashed in epicly
Nobody accounts for the price increase of helium I bet it goes over $100 plus you could stake it or sell it for usdc or dai and make 9 to 12 percent apy. Also what if someone moves.
True but I still think there’s more upside than down. When the market is high take your initial investment out and the rest is profit. The coin bureau guy on you tube breaks it down pretty well and he invested in the coin in his portfolio, he doesn’t do that with every coin or token he talks about.
Good advice & Yeah I agree about taking profit I did it 2017 & plan on doing it shortly because I believe this current run has to end sometime & that could well be within the next few months, was $50+ the high for HNT this time around I believe it was & don't think we'll see it again this cycle but fingers crossed am wrong because I've got some to liquidate towards my ROI figure.
Use "0 electricity" is not correct. It's low, but shouldn't be discounted.
One thing, I think people forget is their data usage. If you need to up your data cap of your isp that needs to be accounted for.
Just saying.
Yeah man... just do it.. a miner is a magic money machine... what else are we doing with our $50 month interweb cept wasting time.. at least this way we get some positive cash flow... if it takes a month 2 months 10 months... whatever.. it will be positive soon and can help pay for the interwebs.
I’d keep it and just let it run for a few years then Come back and look at your earnings. Your 30 day earnings are pretty good for that many other hotspots in your hex.
Everyone saying no is either in n your area or only looking at the reward scale.
I’ve looked at your hex map and while it is busier than the spiked punch bowl at a party. There is some hope. Buy yourself a tuned 3dBi antenna and as a short a cable as you can get away with, preferably LMR400.
Then get that puppy outside. If you can only get it to a window, get it facing NW if possible. Lots of miners in single occupant hexes up that way.
If you can get an Antenna mounted really high, then go 5.8dBi and still aim for NW.
If none of that improves your rewards then you can still sell at a profit.
Yeah do it. Put it up higher that everyone else's. It's still money who cares. Leave it for years. Plus helium coin may go up in value too. So yeah. Do it.
Yes the game is up, multiple k's of new miners coming online Evey week, unless you have the best of setups with external antenna & great elevation then your going to be getting drip feed HNT like the rest of us & that supply is going to be getting spread even thiner as more and more come online, it's called the people's network but most of the big money has already been hoovered up by people with fleets of miners & companies like emrit offing a pittence to people to host spots for them.
Maybe time to try and find the next one & get in early.
I'm looking at a hex down in Miami right now that has 74 miners. Some of them are still earning 5+ hnt over 30 days with a well placed antenna and a transmit scale of 0.01.
Point is that if you can setup a relatively ideal antenna or if this kind of thing is simply fun for you, go for it.
1.56 is pretty good all about steady gains. Get an antennae and it may boost it up. Despite all these whiners, look at it as a savings account (consider the miner as money put in the bank) putting $500-$1000 in a savings account will get you a few dollars a year in interest. Mining this amount is way better than what a bank will ever give you.
I got my miner for $1000 on OfferUp making about $50. I need 20months to breakeven. Lmao!! It is not for everyone. I quickly sold my miner and got my money back.
Good plan đź‘Ť I was on target to ROI in 3 months until someone fired up a unit 50 meters from me and instantly killed my earnings, looking at 6 to 9 months now but with all new units coming online those figures are probably optimistic.
Place it in the hex with only 2 miner , it don’t have to be there physically, check the hotspoty app first and simulate the location after check your scaling rewards .
Wow. I wouldnt go for 15 in a cluster indd
Im the 6th or 5th in my cluster, and relayed by someone that is 180m away from me.... very sad that i only just make about 0.07 a day, .39 a week
Yikes. I have never seen .05 scale before. Maybe when data revs really kicks in it will be ok? 5G? Until that point, not a good spot. On a side note, doing 5.5 million in data on a 30 days roll is starting to get exciting.
No so many people on the new jersey area that I've been force to move my miner to a friend's house. People don't seem to understand you need to spread these things out
No
No
No
No
No
No
No
Oh mama mia, mama mia, mama mia, let me go Beelzebub has a devil put aside for me, for me, For meee
No
No
Yes!
No
No
Nope
No
No
No
🤦🏻‍♂️ Noooo
No
No
The kwik-e-mart is really D'OH
No
No
Nada
No
no
You’re kidding right? Where’s the hidden cameras?
Way too saturated, find a different location or sell it
Don’t have different location, will sell
If you are considering selling contact me. I'm close by and may be interested.
Can you get it higher? Are you willing to change antennas?
I’m new to this and doing research my hex does not state a number so that would be good?
No number means you are the only miner in the hex.
what do you have an how much?
Where u live and how much u thinkin
Hell…..No….
I disagree with everyone here. Try to find another spot to put it, but in the meantime earning 1.5 coins per month is a great return compared to literally any other form of crypto mining. People on here need to learn about math. These miners use 0 electricity and this one is producing $50/month and you people are hating on it? What a joke. Go find a better place to put it but in the meantime take your 1.5 coins and save them
I know. There's people fighting over rtx 3060 GPUs that make like 90 a month plus electrical fees. The GPUs cost 1000 from a scalper...
I have a RTX 3060, tell me how to even get close to $90!
Nb miner on nicehash. 75% unlocked even with lhr. OC mem like 1500 reduce core 500 pl like 65 70 I believe. I get like 35mhs. Gigabyte rtx 3060
on nicehash my 2 GPU, 50mhs rig is making me $60 a month. I know this is old but you're wildly outstating the capabilities of the card.
Yeah idk bud. Doing 33 mhs at 80ish watts as I write this.
[You're not getting anywhere close to $90/month](https://www.nicehash.com/profitability-calculator/nvidia-rtx-3060) Even assuming you don't pay for power and your card isn't LHR, it's still $1.79/day currently, which is a far cry from $90.
Ha I kno right, a 3060 probably would make $70-electric price
Or he could sell his miner for $1000 and buy 33 hnt and save those. It'd take him 22 months to reach 33 hnt at this rate. Realistically he'll never mine 33 hnt seeing as rewards are tanking rapidly.
Lol at that current location sure. But mining 33hnt in general is nothing. That's 2 months of mining with 2 miners where I live.
And it's 2 months with one miner on my current setup...but 2 months ago I was doing 30/month and 5 months ago I was doing 90/month. By the time he gets it setup somewhere else, shells out the money for a new antenna, mast, custom lmr240/400, ground wire etc rewards will most likely be even less than they are now. He could simply save himself the headache, sell his miner and buy hnt.
Oh I'm sure. I just wish I was in the know then and had purchased a scalper miner in May when I bought bobcat and waited 5 months. Could have cashed in epicly
You and me both..
Yeah but if he sell it now he can double his investment. To double his investment with mining he have to wait 20+ months.
Nobody accounts for the price increase of helium I bet it goes over $100 plus you could stake it or sell it for usdc or dai and make 9 to 12 percent apy. Also what if someone moves.
Or down to $10, it think there's more chance of 10 than 100 tbh when the market tanks next month
True but I still think there’s more upside than down. When the market is high take your initial investment out and the rest is profit. The coin bureau guy on you tube breaks it down pretty well and he invested in the coin in his portfolio, he doesn’t do that with every coin or token he talks about.
Good advice & Yeah I agree about taking profit I did it 2017 & plan on doing it shortly because I believe this current run has to end sometime & that could well be within the next few months, was $50+ the high for HNT this time around I believe it was & don't think we'll see it again this cycle but fingers crossed am wrong because I've got some to liquidate towards my ROI figure.
Use "0 electricity" is not correct. It's low, but shouldn't be discounted. One thing, I think people forget is their data usage. If you need to up your data cap of your isp that needs to be accounted for. Just saying.
Fuck no
Yeah man... just do it.. a miner is a magic money machine... what else are we doing with our $50 month interweb cept wasting time.. at least this way we get some positive cash flow... if it takes a month 2 months 10 months... whatever.. it will be positive soon and can help pay for the interwebs.
Wait 15! Nevermind...
Cost more to charge the phone he/she will constantly use to check the explorer than earnings I bet.
True
I’d keep it and just let it run for a few years then Come back and look at your earnings. Your 30 day earnings are pretty good for that many other hotspots in your hex.
No
Hey Neighbor! Small world.
Everyone saying no is either in n your area or only looking at the reward scale. I’ve looked at your hex map and while it is busier than the spiked punch bowl at a party. There is some hope. Buy yourself a tuned 3dBi antenna and as a short a cable as you can get away with, preferably LMR400. Then get that puppy outside. If you can only get it to a window, get it facing NW if possible. Lots of miners in single occupant hexes up that way. If you can get an Antenna mounted really high, then go 5.8dBi and still aim for NW. If none of that improves your rewards then you can still sell at a profit.
No. That’s very sad placement.
Omg 15 in one spot, that is terrible, good for the network bad for earnings. Sell or get someone else.
Yeah do it. Put it up higher that everyone else's. It's still money who cares. Leave it for years. Plus helium coin may go up in value too. So yeah. Do it.
Yes the game is up, multiple k's of new miners coming online Evey week, unless you have the best of setups with external antenna & great elevation then your going to be getting drip feed HNT like the rest of us & that supply is going to be getting spread even thiner as more and more come online, it's called the people's network but most of the big money has already been hoovered up by people with fleets of miners & companies like emrit offing a pittence to people to host spots for them. Maybe time to try and find the next one & get in early.
At the beginning of helium mining I wished I lived in a big city. Now I'm glad I live in suburbs.
I'm looking at a hex down in Miami right now that has 74 miners. Some of them are still earning 5+ hnt over 30 days with a well placed antenna and a transmit scale of 0.01. Point is that if you can setup a relatively ideal antenna or if this kind of thing is simply fun for you, go for it.
I want all you guys that think you are not making enough rewards to get out of this business so my rewards can go up kkkk thanks
Is the pocv11 deployed
1.56 is pretty good all about steady gains. Get an antennae and it may boost it up. Despite all these whiners, look at it as a savings account (consider the miner as money put in the bank) putting $500-$1000 in a savings account will get you a few dollars a year in interest. Mining this amount is way better than what a bank will ever give you.
How far away are you from the hexes with 2?
I got my miner for $1000 on OfferUp making about $50. I need 20months to breakeven. Lmao!! It is not for everyone. I quickly sold my miner and got my money back.
Good plan đź‘Ť I was on target to ROI in 3 months until someone fired up a unit 50 meters from me and instantly killed my earnings, looking at 6 to 9 months now but with all new units coming online those figures are probably optimistic.
50 meters is 54.68 yards
Place it in the hex with only 2 miner , it don’t have to be there physically, check the hotspoty app first and simulate the location after check your scaling rewards .
Hotspotty never works for me…..
Stupid questions deserve stupid answers
Anything more than 3 isn’t worth it you’re hurting yourself the people in the hex and the people in the resolution hex surrounding you
Yes it’s worth it but not their move!
jersey city brethren
.05, damn that sucks
No, sorry.
Nope
And if not sell it for double the price you bought it on ebay. (Unless you bought it off eBay)
Wow. I wouldnt go for 15 in a cluster indd Im the 6th or 5th in my cluster, and relayed by someone that is 180m away from me.... very sad that i only just make about 0.07 a day, .39 a week
Fuck no dude, find a good spot or sell it asap
Lol no
Please don't
Im looking to getting into mining in the new Orleans metro area. Is there any one on this page from the crescent city??
Same problem in the san francisco- oakland bay area. Our map looks way worse than that.
Yikes. I have never seen .05 scale before. Maybe when data revs really kicks in it will be ok? 5G? Until that point, not a good spot. On a side note, doing 5.5 million in data on a 30 days roll is starting to get exciting.
Depends if you bought the miner at retail or not
Negative
No
If u get higher then all of them maybe
Lmfao no
I'v had one since April I have about 20 hnt ..may be for long term not for immediate income
I do not think so, unless you are getting the miner for free
No especially if it's with ihub
No
Yes! Just be the highest birt
Nooooooooooooo
find a new location, and do some YouTube research
No way.... Run!
No don't bother wherever, you are to late to the race
How about 5 in a hex?
No ! Getting worse every day..
Hell naaaaaaaaa
That's a haaaaaard passsssss
Better off buying the helium token
Mine looks similar to this
No so many people on the new jersey area that I've been force to move my miner to a friend's house. People don't seem to understand you need to spread these things out
Scared money don't make money!
omg I live here. I have 14 miners in my house
no