Helium - a Cryptocurrency that you Mine via Radio Waves

The thing works in such a way that the user buys a hotspot device from Helium or some other approved manufacturer, which currently costs about $ 500 and installs it in its place.

So the user becomes a participant in the network.

In addition of helping in creating a global Helium network, hotspots mine Helium alone  in the form of Helium tokens that are transferred to a Helium wallet.

With those tokens you can do whatever you want, just like with any other cryptocurrency.

As for the hotspots, there are companies that offer them for free, but they take as much as 80 percent of your mining.

So it is a better option to order the ‘original hotspot’, regardless of the waiting time, which can be several months.

Whether helium mining pays off depends on several things. 

First of all, cost-effectiveness depends on the amount of miners in a particular area and the data that hotspot devices receive and transmit. 

This means that the more devices are close to each other and the more data passes through them, the higher the earnings are. 

On the official website there is a map where it is possible to check all active devices nearby.