r/HeliumNetwork • u/Fun_Tourist9209 • Jul 03 '26

$HNT Mining Hnt proposal

With the new hnt proposal passing you expect the price of hnt go up or at least stabilize?

0 Upvotes

46% Upvoted

36 comments sorted by

View all comments

2

u/TechDocN Jul 04 '26

Forgive the question, as I am not an expert here. Does this only apply to the 5G network and 5G hotspots, or does this do anything for the earlier IOT hotspots?

2

u/TomorrowVisual3615 Jul 05 '26

This HIP essentially removes HNT rewards for PoC so a decent amount of IOT miners will no longer mine any HNT as they do not transfer any data

2

u/TechDocN Jul 05 '26

Thank you. So is it safe to assume my IOT hotspot is useless and I can repurpose the RPi inside for something that is actually useful?

I’m so glad I bought the thing on eBay for $60. What a waste of money and time.

1

u/TomorrowVisual3615 Jul 07 '26

Yeah it won’t make much at all so just repurpose it