Helium Mining Tools
Helium mining is gaining more prominent with time. The dramatic rise in its popularity is because of its profitability. If you are living in the suburbs, you can still mine helium quite a few HNT tokens. For instance, a cluster of hotspots in Wisconsin town – Kie can handle 200 tokens per month from each hotspot.
Today (May, 20th 2021), the price of the HNT token is $12.93, and we’ll explain to you how you can reap the benefits of this ever-growing crypto token?
If you are a newbie in the crypto mining space or waiting for the next hotspot to arrive or have already been running a thriving hotspot, the topics discussed in this article will undoubtedly help you. Furthermore, we’ll also walk you through the five site tools you need to mine Helium.
To identify whether the spot you have to mine Helium worthy trying or not, get your hands dirty with these tools to estimate potential earnings and optimize radio signal transmission.
1. Helium Place
First and foremost, we’ll discuss Helium Place. This tool tells us the placement of helium miners, ensuring that they aren’t too much closer or too far apart from other miners. We do have Helium Status.
Harnessing the potential of Helium explore, you can identify the location of your hotspot and glimpse at all the hotspots surrounding you. You can analyze how far apart another hotspot from you and how many rewards they have received in the last 24 hours. In this way, you can realize whether it is a pretty high day or a low day if you experience a consistent fluctuation in your reward. If you are curious about your earning potential, you can use earning calculator.
The first-ever website of this tool is (https://Helium.place/) that displays the map of all the surroundings hotspots within your premises. Furthermore, leveraging the power of this tool, you can identify an optimal location for your hotspot.
Thus, whenever you configure your next hotspot, you have to ensure no other hotspot in the red area. If this tool shows a hotspot in the red zone, it has to be within the range of 300 to 350 meters. Eventually, your rewards will plummet.
These hotspots that are in the green area are perfect for earning rewards. Generally, the hotspots shown in this area are 300 meters up and 600 meters far apart from you.
There is a common misconception amongst the miners that only those hotspots in the green area will receive the reward, but that’s not true. If the hotspot is in the red zone, the likelihood of earning a remarkable bonus is significantly large, but they can still earn the reward.
The key takeaway here is that you should avoid placing your hotspot in the red area. If you do so, the chances of receiving a reward are low.
2. Helium Status
This tool is exceptionally effective for Helium mining because it informs regarding any technical issue within a blockchain, API, consensus, proof of coverage, and routers. Sometimes an entire system desists working due to the small changes in the blockchain network. With this tool, you can ensure the system is working perfectly well.
To better grasp the efficacy of these tools, let’s say that you are mining Helium, but APIs aren’t working perfectly. Eventually, you’ll end up in big trouble. By harnessing this tool, you can cope with this problem.
3. Helium Explorer
Helium Explorer deserves the traction of a Helium miner. It displays all the hotspots that are currently online. You can also view the coverage map by scrolling down. If you want to find out your city’s location, you can do it through all the pages displayed in this tool.
You can also glimpse at the map. A vast majority of people like to use this map. This tool generally works in convergence with Helium place and Helium explorer.
4. The Helium Sitebot
There is a myriad of things that you can do with this tool. It comes with a dashboard that allows you to incorporate your hotspot. With this tool, you can identify all the hotspots in your surroundings and their distance.
It allows you to keep a track record of all the rewards that miners get within 24 hours. Helium generally gives 5 million HNT a month. There could be somewhat hindrance in the ecosystem if some blocks appear to be slower than others.
Helium always gives 5 million rewards each month. If you notice a significant decline in your tip on a particular day, it might be due to a change in a rewarding mechanism.
Helium ensures a 5 million reward a month. The average reward you’ll receive every day is around 166,000. To keep that in perspective, let’s say that there are 97,000 rewards in the last 24 hours. Thus, miners will receive 68,000 fewer rewards on the following day.
Eventually, you are likely to experience a dramatic drop in reward sometimes. But on the following day, you might see a rally in the reward mechanism because they need to catch up with the 5 million monthly targets. Moreover, you need to make sure that your antenna is mounted at an optimal location to guarantee good clearance.
5. Earning Calculator
Without earning calculator, you can’t evaluate earning potential of Helium mining. We strongly recommend you if you are about to add a hotspot next to two others, head over to the Helium Explorer app. With the help of this tool, you are able to look at the hotspots with two others surrounding them, and don’t forget to see their rewards.
Suppose you know in advance that four hotspots surround you. Take a look at the hotspot with four other hotspots surrounding that and try to realize if they are performing well.
Conclusion
So it all nails down to earning monetary benefits from Helium mining, and what could be an optimal location for hotspot and the current status of all the technical kind of stuff such as blockchain and APIs. To offset the potential threat of error, we strongly recommend you to use Helium Explorer because it enables you to look at what location the maximum number of hotspots are. Thus, you can significantly minimize the chances of all sorts of inconvenience.
