Table of Contents
Introduction to Helium 5G
Over the last 14 to 15 months, I have delved into helium and achieved significant success. The team over at Helium deploy.io invited me to explore their moken helium 5G Marketplace and asked me to test it out, and my journey in mining has now taken a different turn. Since I never really had the chance to delve into helium back during the initial launch, I am excited to try out the helium 5G moken Marketplace and see what it holds.
Understanding Helium 5G Market
The helium 5G marketplace is what might intrigue miners the most. The primary obstacle I perceived with helium 5G was the hefty price associated with it. However, upon exploring Helium deploy.io’s 5G equipment, I am now more inclined towards it.
Overview of Helium 5G Equipment
Helium 5G equipment comes with different bundles, each containing a Freedom Phi Gateway (5G hotspot) and different numbers of outdoor cbrs’s (cells/antennas). Moreover, these equipment are not cheap, thus enforcing a barrier to entry for potential players. However, after learning more about it and looking at the potential profitability, I am willing to consider this investment.
The Moken Marketplace
In my journey as a miner, being able to profit is critical. It is important here to understand that moken.io is a marketplace for pre-installed 5G helium miners. These little devices with antennas, also known as cells, can be rented, leased or purchased. On this platform’s site, there are, at the time of writing, 40 helium 5G radio setups available for purchase.
Comparing my experience with typical helium mining, helium 5G mining seems like a promising venture. From my brief experience, I was able to make an impressive earnings just within a couple of days. Although the earnings have been fluctuating, it’s undeniably a good start.
Understanding Earnings and Shares
On the Marketplace, the shares of earnings differ from setup to setup. As the percentage of earnings or the shares owned increases, the more expensive the setup will be.
For instance, I acquired one for 75% of the daily earnings for a certain price, inclusive of setup, configuration, hosting and provisions. Although this might seem beneficial, it is important to understand that more ownership leads to higher responsibility and risk.
Exploring the Agreement Details
The contractual agreements vary from setup to setup and figuring it out can be a task. However, going through these agreements is vital before undertaking any commitment. These agreements clarify the type, commission date, and the price, providing an insight into your investment.
However, a downside noted in exploring these agreements is the lack of details. Questions arose in my mind regarding the length for which the agreement stands, what happens if the host disappears, among others. In my perspective, spending $2500 of hard-earned money requires more assuredness and certainty.
Conclusion and Way Forward
Venturing into helium 5G, while exciting, is also a cautious journey. It’s a significant early investment with potential to blow up at some point. However, it is crucial to understand that this is a speculative market, and one needs to be watchful and patient to see how this pans out.
Stepping into the helium 5G space is a sizeable commitment. While the collaboration with T-Mobile adds credibility, it is always wise to tread cautiously. I encourage miners and potential investors to explore, stay curious but remain watchful. It is crucial to understand the market and investment that one is stepping into fully.
Finally, I encourage engagement and communication. If you are an advanced helium miner, I implore you to share your experiences and knowledge. It is through sharing information and experiences that we can navigate through this intriguing but cautious journey of helium 5G exploration and mining.