How I Made $10,000 in 6 Months Mining Helium
I've been into Helium for almost a year now, more exactly May 2021. That's when I made my order for 18 Bobcats. Obviously, it took me a number of months to obtain them, merely because everyone and their mother wanted to get their hands on a Helium miner.
But I know what you're here for. You want to know how much I've earned using Helium in the previous six months.
I simply want to mention that Helium as a project has undergone an unbelievable growth, and I do feel that it has occurred via digital marketing. If you didn't previously know, I work as a project director at a digital marketing consulting business. Now yeah, this is a plug for the business I work for, I'm not being paid for this however. We offer everything from digital strategy consultation all the way up to e-commerce strategy. We also design websites and mobile applications. If that's something you'd be interested in, I'll put the contact details below in the description if you do have a digital project yourself that you want to grow.
Now some of you may notice, and some of you might not notice, when I got those 18 Helium miners that cost roughly $9,000. I was investing in this business with my mother, and one significant issue that we were concerned about is because we got them soon after August, that meant consensus groups were no longer a thing.
Consensus groups effectively meant that before August 2021, validators did not exist, meaning such incentives were really dispersed to hotspots. And we're talking ridiculous prizes. We're talking hundreds, possibly thousands of dollars a day for a single hotspot.
What happened basically is my mother and I needed to get our retirement investment as fast as possible, and eventually a company from Lebanon reached out to us and asked if they could buy a couple of Helium miners off of us, and we said we'd sell half so nine of them to that company for 10,500 euros. We went through with it, we were extremely thrilled because we took our risk off the table. That corporation was quite thrilled as well since at the time they should have paid between 15 and 16,000 for those nine hotspots. It was a win-win for everyone.
Talking about winning and free things since we all enjoy free stuff right? Well you may receive six free stocks priced up to $12,000 when you register an account and deposit any money on Weibull. What I like about Weibull is there's no trading costs, you can purchase fractional shares, and they've just introduced cryptos,
And from what I recall if you trade one dollar of crypto they'll give you five dollars of crypto for free as well.I acquired my hotspots at the very end of October 2021, thus they really all came up and running early November 2021, so I've actually had them operating for roughly seven months instead of six months. Now I want you to bear in mind this is crypto, therefore the price of Helium really does move quite a lot.
We've observed an all-time high for the Helium token of over $60, which please go back up to 60 I truly appreciate that Helium. And presently it's resting around the $9 level, so obviously I'm going to speak about how many tokens I got and how much that means in dollars.
First thing we'll do is hop into my Helium wallet and see out how much I earn monthly. As you can see right here monthly I average approximately 20,000 HNT. Now at the moment of filming this video HNT is trading at $9.20, so that means that every single month I'm earning roughly $184,000.
Now, clearly it's not all profit because I have to pay for energy, and I have to pay for the cost of the miners, but even after all of that I'm still earning over $100,000 a month.
Now, clearly that's not sustainable since the price of Helium is going to go down, but even if the price of Helium falls down to $5, I'm still earning approximately $50,000 a month.
So, if you're searching for a means to create some passive money, Helium is absolutely an excellent alternative.