Planning to order a Hotspot, check these options:
- Cal-Chip (get 3% discount with code: INVB): https://www.calchipconnect.com/?ref=x...
- Bobcat miner: https://www.bobcatminer.com/?ref=xVtp...
- Nebra hotspots: https://www.nebra.com/?ref=xVtpg4k5PPCdG

In this video we will cover the following topics:
- 00:00 Intro
- 00:58 Step 1: how many hotspots do you have to buy
- 02:11 Step 2: choose a good location
- 03:30 Step 3: how to get good rewards
- 07:18 Step 4: calculate your line of sight
- 11:18 Step 5: buy your hotspot(s)
- 12:43 Step 6: buy your antenna (optional)
- 13:24 How many rewards can you expect per hotspot?
- 13:44 What are the risks and is it worth it?

Joining the Helium Network is an exciting step in building a worldwide network for IoT devices, which is the future. Everything in this world will become more connected and if we are lucky, Helium we be the netwerk used for many of these devices.

However, it's important to know what you are getting into before you do your investment. That's why we cover what you need to know before buying your first hotspot. Being the only hotspot in your area (a lone wolf) is not a good plan, so try to get at least 2 hotspots or have one within a 2km radius. If you want to maximize your rewards you want to reach 4 other hotspots.

Second: make sure you are covering a good area. It's more important to cover a wide area then it is to reach e.g. 10 other hotspots. Reaching 5 hotspots and providing quality coverage for a greater area will be more rewarding. However being able to cover a great distance will require line of sight and that comes down to putting your antenna outside and on a high building. Sadly that is not possible for everyone and not always required (e.g. if you live in the country sight you won't need to be that high compared to a city full of tall buildings that can block your signal).

Interesting tools & links:
- Helium: https://www.helium.com/
- Sitebot: https://www.sitebot.com/helium/summary
- Helium Place: https://helium.place/
- CloudRF alternative: https://hotspotrf.com/?ref=1315 (CloudRF is no longer free)
- Coingecko: https://www.coingecko.com/en/coins/he...
- Cal-Chip RAK? Use this link for a 3% discount: https://www.calchipconnect.com/?ref=x...

#helium #hotspot #cryptomining #crypto #iot

Let's get on that crypto train!

Bren

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USEFUL LINKS (using these links supports the channel)
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New to crypto? Be sure to check out these exchanges and recieve a signup bonus with my affiliate links:

Hardware wallet:
- Ledger: https://shop.ledger.com/?r=9d56344c18fc

Hotspots:
- Cal-Chip: temporary order stop
- Nebra hotspots: temporary order stop
- Bobcat miner: https://www.bobcatminer.com/?ref=xVtp...

Exchanges:
- Kraken: https://r.kraken.com/x0mv3
- Binance (code: 23179552): https://www.binance.com/en/register?r...
- Crypto.com (25USD bonus): https://platinum.crypto.com/r/axf3kq2wrg