Discover if Helium mobile hotspot mining is possible and if it’s profitable. Learn how in this complete smart phone mobile mining rewards guide to cryptocurrency.
Today, the Helium Foundation is excited to announce the start of MOBILE mining rewards. Anyone who has their Helium 5G Hotspot and compatible CBRS Small Cell Radio up and running will be able to earn the new MOBILE token for providing Helium 5G coverage to their area.
The mission of the Helium Community has always been to build open, affordable, and secure global wireless networks that are owned and operated by the people.
The first phase of this mission was to launch the Internet of Things (IoT) Network, which now consists of over 900K Hotspots worldwide and continues to grow each day. The IoT Network — powered by its Helium Network Token (HNT) crypto-economic system — completely changed the landscape of telecommunications, ushering in a new era of wireless connectivity that is democratized.
Last month, the community behind The People’s Network voted to pass Helium Improvement Proposal (HIP) 51, laying the groundwork for a new phase of the Helium mission. Now more networks can join Helium, each with their own community governance and token, increasing the Ecosystem’s overall usage and value.
The first new network to join the Ecosystem is Helium 5G. Much like the energy surrounding the launch of the IoT network and mining of HNT, people across the country are lighting up their communities with Helium 5G and mining MOBILE.
Anyone who wants to earn the new MOBILE token will need a Helium 5G Hotspot and compatible CBRS Small Cell Radio, available from Makers in the Helium Ecosystem separately or as a bundle. There are two types of CBRS Small Cell Radios available:
Grab your Helium 5G Hotspot and start earning MOBILE here.*
*Note: The Helium 5G Network is currently only available in the U.S. Please stay tuned for updates regarding the expansion of the network.
From San Francisco to St. Louis to New York City, people are building an affordable and secure 5G wireless network, with thousands of Helium 5G Hotspots already online.
If you’ve got a Helium 5G Hotspot and Small Cell Radio that’s online and registered in the Spectrum Access System (SAS), you’re all set to start earning MOBILE. Within 5 days of proper setup, your 5G Hotspot will appear on explorer.helium.com depending on how quickly the SAS has gotten it registered.
Make sure you’ve downloaded the latest version of the Helium Wallet App (1.2.2) from the Google Play Store or the Apple App Store. Any MOBILE tokens you’ve earned for providing Helium 5G coverage will be visible in the Helium Wallet once they’re received.
For more information on setting up your Helium 5G Hotspot, rewards, and the emissions schedule, check out these docs.
Today marks the start of MOBILE Genesis, which presents a unique opportunity for Helium 5G Hotspot Owners to earn the MOBILE token as part of an incentivized deployment of the Helium 5G Network.
During this limited period, 100 million MOBILE tokens will be programmatically issued per day to all active Helium 5G Hotspots as a reward for building the Network. Details of the proportional mining rewards for active Helium 5G Small Cell Radios can be found here. When the Genesis period ends, MOBILE tokens will be redeemable for HNT within the Helium Wallet App.
The Genesis period will end with the establishment of a “treasury” for MOBILE tokens, which will occur when the recently-passed HIP 53 has been fully implemented. Read HIP 53 here.
MOBILE Genesis rewards are drawn from a 50-billion MOBILE allocation the Helium Foundation received in the form of pre-mine, as defined in HIP 51 and HIP 53, and approved by community-wide votes. Also drawn from the 50-billion MOBILE pre-mine, the Helium Foundation will issue a grant of 15 billion MOBILE to Nova Labs to continue the development work on the launch of MOBILE. Read more about how the pre-mine is being allocated here.
Where can I find more information on MOBILE rewards? To get a more in-depth understanding of MOBILE, check out these docs about 5G on Helium. Also, take a look at Hotspotty’s MOBILE rewards calculator here.
How long will MOBILE Genesis last? At the very least, MOBILE Genesis will last one month. The Genesis period will end with the establishment of a “treasury” for MOBILE tokens, which will occur when HIP 53 has been implemented.
Where can I get my Helium 5G Hotspot for mining MOBILE? You will need a Helium 5G Hotspot and compatible CBRS Small Cell Radio to start mining MOBILE rewards. There are a number of ecosystem Makers who sell these separately or as “bundles,” both for indoor and outdoor setups. Find links to Maker stores here.
Where can I find installation and deployment resources for my 5G Hotspot? The Helium Foundation’s docs are a good place to start. From there, you’ll find a step-by-step indoor setup guide here and outdoor setup guide here. We also recommend checking out FreedomFi’s blog, which includes a series on how and where to deploy different CBRS radios.
To get real-time support from the community, the Helium Discord is the best place. The #5g-cbrs channel is the most relevant for Helium 5G and MOBILE.
How can I tell my 5G Hotspot is online? Once the 5G Hotspot is all plugged in and set up and the Small Cell Radio physically installed, the Small Cell Radio will automatically start working and establish its GPS coordinates.* Then, while on the same local network, you should see your radio online under the “Radio Dashboard” tab at the 5G Hotspot Dashboard: //freedomfi-gateway.local/.**
Your 5G Hotspot will also appear on explorer.helium.com within 5 days, depending on how quickly it is registered in the SAS.
*Note: Indoor CBRS Small Cell Radios come with a GPS unit that needs to be attached to the Radio before it can automatically establish its GPS coordinates.
**To see your Radio on the 5G Hotspot Dashboard at //freedomfi-gateway.local/, make sure that you’re on the same Network as the 5G Hotspot.
How can I tell I’m earning MOBILE rewards? Make sure you’ve downloaded the latest version of the Helium Wallet App (1.2.2), available on the Google Play Store and Apple App Store. The Helium Wallet is where you’ll be able to view all Helium tokens — HNT, MOBILE, and soon IOT. Read more about the Helium Wallet App here.
Will I be able to transfer MOBILE between wallets? Yes, you’ll be able to transfer MOBILE between crypto wallets, but make sure you have version 1.2.2 of the Helium Wallet App.