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That's actually how the stupid Helium network was setup.. it used to (maybe still does?) provide rewards for setting up a hotspot and much much less for data th
by mikeyouse 4y ago
That's actually how the stupid Helium network was setup.. it used to (maybe still does?) provide rewards for setting up a hotspot and much much less for data throughput so it was basically a big grift to sell miners. Then they gave a huge proportion of the earliest miners to their executives and family members so that commoners buying miners were basically just funneling money to the execs.
https://www.forbes.com/sites/sarahemerson/2022/09/23/helium-crypto-tokens-peoples-network/?sh=2744e7337316 https://www.forbes.com/sites/sarahemerson/2022/09/23/helium-...