Anyone mining Helium on here in the UK?

[cashmax]

Just wondered, a very interesting business model and perhaps the first crypto that can be easily understood. Looks like the hardware suppliers have been caught out by the uptake.

[andyb28]

I have been reading up on Helium recently, but also am struggling to find the dedicated hardware anywhere.

[andyb28]

I gave up trying to find anything in stock and ordered an external Nebra from the official site.

Wont come until the summer though

[FunkyNige]

I looked at it but unless I misunderstand it there needs to be someone else nearby to generate enough tokens?
The once everything has been mined people need to buy the Helium coins to access the dedicated network which is going to mean the price of the coins is going to stay low.
I could be completely wrong, but looked into it a while back and decided against it.

[cashmax]

FunkyNige said:

I looked at it but unless I misunderstand it there needs to be someone else nearby to generate enough tokens?
The once everything has been mined people need to buy the Helium coins to access the dedicated network which is going to mean the price of the coins is going to stay low.
I could be completely wrong, but looked into it a while back and decided against it.

I think it would make sense to get someone else within range connected to so that the POC stuff works. I guess many are just buying 2 hotspots to be sure.

Hard to know how the future will pan out for it, if being somewhere built up will mean that the revenue is spread thinly vs being more on the fringes where you coverage is vital.

What I do know is that IOT is slowly coming of age and once the first killer app (smart meters or street lights perhaps) comes onstream then these networks will generate decent revenue and everything will start shipping IOT ready, so the business model makes sense when it comes to building out a global network.

Hadn't thought about how the users will be charged, other than on a packet level.