You've probably heard the buzz around Helium Mobile mining and wondered what all the fuss is about.
Many people feel overwhelmed by the technical aspects of cryptocurrency mining and think it's only for tech-savvy individuals. This guide is here to ease those concerns.
We'll break down the process of mining Helium Mobile into simple, easy-to-follow steps so anyone can get started.
What Is Helium Mobile?
![Helium Mobile](https://cdn.shopify.com/s/files/1/0584/2419/7302/files/Helium_Mobile_480x480.png?v=1718887197)
Helium Mobile is part of the Helium Network, which initially had just one token: HNT. However, the network has evolved into a network of networks, creating two tokens for its sub-networks: IOT and MOBILE.
MOBILE is the protocol token of the Helium Mobile Network. You can earn MOBILE by mining the mobile network. It follows a similar minting schedule to HNT but with a maximum supply of 230,000,000,000 (230B) tokens.
At the launch of the Mobile Network, 50 billion MOBILE tokens were pre-mined and distributed to the Network operations fund, managed by the Helium Foundation.
MOBILE tokens have a scheduled halving every two years, which means that the rate at which new tokens are created will be cut in half. The halving process helps control inflation and ensures the token's long-term value.
How to Mine Helium Mobile Tokens?
You don’t need to be a tech expert to set up your Helium miner. Here’s a step-by-step guide to get you started:
Step 1: Buy the Equipment
Mining Helium Mobile tokens is straightforward if you have the right equipment. To mine Helium Mobile tokens, you’ll need:
- WiFi Units: These allow devices to connect through WiFi Passpoint, which happens automatically on the phone.
- CBRS cell Units: These provide the Mobile token reward.
The best way to get started is by purchasing a bundle, like the Baicells NOVA 430H + FreedomFi Helium Hotspot or or an Outdoor Helium Mobile WiFi Hotspot.
Step 2: Setup the Equipment
When you receive the equipment, it will come in two small boxes. The small cell is compact, and the Helium miner is a sturdy metal device that acts as a heat sink.
Plug the miner directly into your network. It has one input for the internet connection and another for power. Use the provided QR code for detailed installation steps.
Open the Helium app and add the miner, similar to adding a regular Helium miner. Define its location using the default settings for the antenna.
Step 3: Set Up the Small Cell CBRS
The small cell must be placed near a window for an optimal GPS signal. Connect the GPS to the small cell.
Plug in the small cell and wait for three of the four lights to turn on, indicating it’s powered up. This process may take 10-15 minutes.
After a few hours, or by the next day, check for the LTE light to be lit. This means everything is set up correctly.
Step 4: Earn MOBILE Rewards
Once everything is set up, your Helium 5G miner and small cell will earn MOBILE tokens. In the genesis phase, rewards are based on having the setup rather than the actual usage of the 5G network.
The hotspot is represented by a Solana NFT, and you will earn MOBILE rewards in your Solana wallet. You can convert MOBILE to HNT anytime using the Helium Wallet App.
Things to Consider While Helium Mobile Mining
Mining Helium MOBILE tokens is an integral part of Helium’s 5G strategy. Here are key aspects to keep in mind:
Location
Currently, it's only possible to to mine MOBILE tokens in the US. US residents can install a Helium 5G miner and earn 100% of the generated MOBILE tokens.
Installation
There are two ways to set up a Helium 5G hotspot in the US:
- Professional Installation: Helium offers a nationwide team of professional installers for setup and maintenance.
- Self-Installation: Helium provides detailed how-to guides and phone support if you prefer to set up the hotspot yourself.
Both options involve purchasing Helium hardware.
Internet Speed
The internet speed in your area will influence the device you need and the rewards you can earn.
Next, we'll discuss the mining devices and the process of mining Helium Mobile.
Regulatory Requirements
In the US, 5G Hotspots with CBRS Radios must be registered with the FCC’s Spectrum Access System to ensure proper operation and efficient spectrum use.
Indoor vs. Outdoor Units
Indoor units are easier to set up and require less effort. Outdoor units provide higher rewards but involve a more complex setup process, including location verification.
Helium Explorer
The Helium Explorer is an essential tool for users to track and optimize their Helium Mobile network performance. Here’s how it can help you:
- Map View of Hotspots: See all the hotspots on the Helium Mobile network in a detailed map view.
- Data Transfer Tracking: Monitor how much data is being transferred on the network.
- Performance Tracking: Track your hotspot’s performance and get daily reward breakdowns.
- Hotspot Management: View all the hotspots in your account and manage them efficiently.
- Reward Calculation: Calculate percentage earnings for reward shares.
Best Places to Setup Helium Miners
Here are some of the best places to set up your Helium miners to maximize rewards:
- Shopping malls
- Dense residential neighborhoods
- Colleges
- Public transportation hubs
- Public parks
- Large apartment complexes
- Stadiums
- Theatres
- Hospitals
- Coworking spaces
Final Words
Don't miss out on earning Helium Mobile tokens! Set up your Helium 5G miner today and start reaping the rewards.
Remember, the sooner you deploy, the better your chances of maximizing your earnings.