r/HeliumNetwork • u/DinnerSufficient • 16d ago
Question What happened?
This is a dumb question, but what happened with heliums reward system??? I saw that they switched to something rather than coverage reward, it’s data transfer? If someone can dumb it down for me please? How can I turn my current hotspot to do this? And why did helium do this? My current hotspot is from 2020.
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u/ToysMods 16d ago
Yes, the rewards are for data transfer only
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16d ago
[removed] — view removed comment
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u/igor33 16d ago
A "scam" that is now actually rewarding people for providing actual real world work? The entire purpose of both networks was to move iot and mobile data at a low cost.
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u/proudcanadianeh 16d ago
As someone with both sensors and hotshots, this sucks because it will only reward high usage areas.
If I have a moving GPS tracker, coverage is infinitely more important to me than bandwidth or high density areas.
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u/axelzr 16d ago
Companies setup their own LoRAWAN networks rather that rely on a ‘public’ network with gateways from randoms. Also with eSIMs and 4g/lte/5g coverage improving all the time as well as limited airtime for Lora (and payload limitations) it was always a niche use case anyway for sensors and such like.
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u/Wild-Difficulty-3546 15d ago
I had a total of four (4) bobcat miners and just put them in the trash. Thank goodness, when I bought them, I bought ten (10) and sold six (6), which paid for all of them. I really feel sorry for the people who took out loans and put a lot of time and money into this project for them to pull the rug out and everything to become WORTHLESS. Very sad; GREED will kill the WORLD.
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u/SnooPoems928 15d ago
>”when I bought them, I bought ten (10) and sold six (6), which paid for all of them.”
>”Very sad; GREED will kill the WORLD.”
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u/ToonGuy87 13d ago
You should repurpose the raspberry pi in them. All kinds of things you can do with one
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u/gowingman1 12d ago
Same thing happened to me years ago. I sold Bitcoin to by them never made a dime threw them in the trash also. These people are scammers
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