#384
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2 роки томуDo you want to get rich in a short time? The Helium “People’s network” currently is growing like hell and creates a lot of wealth. It combines LoRaWAN technology with cryptocurrency miner hotspots. How does it work, and should you join it? Let’s have a closer look. And please, watch the video till the end. This time it is vital!
I am a proud Patreon of @GreatScott!, @ElectroBOOM , @Electronoobs , @EEVblog , and others. No Docker, No Microsoft Teams, Zoom
Links:
Rak LoRa Concentrator:s.click.aliexpress.com/e/_A8sVq5
Raspberry Pi 4: amzn.to/3eXyVLw
Helium homepage: www.helium.com/
Fluffy's page: explorer.helium.com/hotspots/...
Data transfer of Helium: explorer.helium.com/
LoRa Playlist: • LoRa, LoraWAN, Sigfox
Interesting Articles:
/ why-the-helium-network...
www.forbes.com/sites/charlest...
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@dougmanatt4317 2 роки тому
We will certainly miss your informative content with the unbridled success of your new venture! Please enjoy your new life in the tropics!
@AndreasSpiess 2 роки тому
Thank you. I hope it will not be too boring ;-)
@hjboven 2 роки тому
My Calendar is off, must be April 1st again.
@AndreasSpiess 2 роки тому
Sorry for that. I was too late ;-)
@bornach 2 роки тому
There will soon be a cryptocurrency that allows you to trade time and move calendar dates
@lolzdatguy4987 2 роки тому
This is real.
@AdityaMehendale 2 роки тому
@@AndreasSpiess I was laughing _so_ hard from beginning till end :) See you in Tahiti dr.ir.Spiess! (I assume you did finish your PhD..? You didn't actually say..)
@paulmacgiollacaoine8619 2 роки тому
@@AndreasSpiess A Swiss man late??? 🤣🤣🤣👍
@dougmanatt4317 2 роки тому
Reminds me of my favorite business idiom "What I lose on every unit, I will make up for in volume"
@AndreasSpiess 2 роки тому
It seems that some people make a lot of money if they are not too greedy and change it in dollars.
@kekagiso 2 роки тому
Best quote I've heard in a while 🤣🤣🤣
@john_hind 2 роки тому
Then your employees go on strike with the slogan: "five percent of nothing is still nothing, we demand ten percent!"
@paulbritton187 2 роки тому
@@AndreasSpiess Do they actually get paid real money though?
@Argosh 2 роки тому
Damn. My sarcasm detector didn't even get a whiff of what was going on until the video was almost over. 😁
@AndreasSpiess 2 роки тому
I tried to stay "professional" ;-)
@MarinusMakesStuff 2 роки тому
My autism detector was ringing, but I still don't ever know what the detector is saying. What's sarcasm btw?
@devilsson1ify Рік тому
Is the accent lol . I wasn't sure if he was being sarcastic either 😂
@santopino2546 2 роки тому
You could still create s video on how you automate your yacht with an Arduino nano and navigate the seas automatically with your own LoRa networks. Don't forget you Arduino controlled fishing gear.
@AndreasSpiess 2 роки тому
Good idea!
@klif_n 2 роки тому
Wow, thanks for the heads up!! I just ordered 50 of the things. Now while I wait for them I can spend my time picking out my new yacht and shopping for that luxury condo. :). As the saying goes... if it sounds too good to be true, it probably isn't.
@AndreasSpiess 2 роки тому
I was not aware of how it works. When suddenly a few viewers asked, I thought, it would be good to inform...
@altorienlockwood9631 2 роки тому
@@aqib2000 some are earning 200-300+ HNT a month
@daviswillams667 2 роки тому
Cryptocurrency has come to stay, nothing can make it go away you might be lossing and want to quit. No you just have to join the winning side..
@johnthomas2611 2 роки тому
I've been earning recently on crypto, I have my hands specifically one $10k and shared commodities, I think it's time to put in more money on Dodge and hold long term..
@jamesedward8817 2 роки тому
Crypto is the future. It's really the best and easy profiting
@danielpatrick810 2 роки тому
I really can't believe I lost almost everything in the stock market except my life🤦 wish I had investment on crypto when I had the chance. But now I need help on how to trade on crypto
@matthewhub8158 2 роки тому
@@johnthomas2611 I've traded Dodge coin for a long time and it's really profitable, though it's a long road and a lot to learn...
@joelandrew3457 2 роки тому
@@danielpatrick810 As a beginner you need the knowledge and guidance of a professional broker, trading all by yourself Is very risky, just get a broker I can still recommend my broker to anyone who's interested and start up a career in Bitcoin trading..
@Palominostudio 2 роки тому
Spoofs of this quality need to be saved for April 1st Andreas, they are very "valuable". That was good, you had me hooked all the way and then drowned me at the end. Professional stuff lol. Kind regards, South Africa
@AndreasSpiess 2 роки тому
Unfortunately, this time it is no 1st April fools.
@FerdinandFake 2 роки тому
Too bad we cant see his face troughout this video lmao, cant believe how calm he pulled this off.
@AndreasSpiess 2 роки тому
I had big fun, I can assure you!
@mdroberts1243 2 роки тому
Re-watched for giggles. "Knowledgeable Hot-Spot operators," "The whole business world uses Helium," :-) It seems that none of the speculators have any use for LoRaWAN themselves even ;-) a clue I think! "Who cares about transmitting data" :-)
@AndreasSpiess 2 роки тому
I had a lot of fun! And after talking with my lawyer I had to delete a few things...
@fongfattchee777 2 роки тому
All the best. Thank you, Andreas... for giving us your best years. You deserve all the warm weather you can get with your newly minted stash.
@AndreasSpiess 2 роки тому
Thank you!
@anonymoususer6448 2 роки тому
My ticker just missed a tick ...when you said that this was your last video good joke, as always and great video,.. as always chrisV
@AndreasSpiess 2 роки тому
It is quite obvious that I will no more have a lot of time if I have to spend all the money ;-)
@drmocm 2 роки тому
Thank you very much, that was one of the funniest videos you every made.
@AndreasSpiess 2 роки тому
It was a lot of fun to create!
@bornach 2 роки тому
It's the deadpan delivery that really nails it
@AkramButNot 2 роки тому
Thank you for informing people about this scam with humour and smartness. I am really sad to see so many people falling in all Ponzi schemes around. The amounts are so huge that I fear the social impacts when things turn bad. Take care and really appreciate your work. We need more people like you.
@AndreasSpiess 2 роки тому
You are welcome and no worries about me. I am vaccinated ;-)
@davidbarton-grimley6459 2 роки тому
Even with 5G I still struggle to see how this can be any different...if the hotspots become cheap enough surely a service like The Things can provide the same level of coverage either for free or a minimal cost, what would be the need for a blockchain? Do I really want to hook up my 5g phone to a blockchain network that chews through my battery? Monthly data plans are already cheap for consumers, what extra benefit would I get from participating in Helium aside from the promise of wealth generated through a ponzi scheme?!
@ErikMeike 2 роки тому
Very nice video! I ordered a hotspot in December and they promised to deliver it around March, and still have not received it despite it now being almost June. I did eventually decide it was a Ponzi scheme and thought I would be able to get something out of it, but am far less sure now especially with the halving coming up soon. In the meantime I just bought another LoRaWAN gateway and got it all set up and running with months to spare and am noticing that it is getting clogged from all of the Helium POC packets in my area.
@AndreasSpiess 2 роки тому
I assume this network will use a lot of capacity of the ISM bands in crowded areas. A viewer even suggested, the FCC could investigate in this use case. That would be interesting...
@tommillar4331 2 роки тому
Great video, especially at the end. One small point, Semtech, the LoRaWAN protocol owner is not a French company. It is headquartered in Camarillo, California and is listed in the Nasdaq exchange. All the major holders are U.S. institutions like Blackrock and Vanguard. Perhaps you were thinking of SigFox, the protocol owner for a rival long range system. SigFox is a privately held French company.
@AndreasSpiess 2 роки тому
You are right. It is not a French company. I confused it because I always had French counterparts for LoRa...
@marcrives279 2 роки тому
I guess there soon will be some cheap second hand Helium Gateways. Can we convert them to TTN network?
@AndreasSpiess 2 роки тому
Yes. They use exactly the same hardware.
@arabiccola 2 роки тому
@@mrsmith5114 Watching until the end tells you that Andreas is leaning towards the belief that the Helium network is a Ponzi scheme which means it will reach a point where the entire thing will fall apart. Hence the desire to repurpose some of the purchased gateways when this happens.
@AIInsights23 2 роки тому
I would like to create one for helium network or Andreas show us how to make one pls
@fritzfahrmann4730 2 роки тому
@@mrsmith5114 cause its an closed network, u can only join with bought not DIY hardware - clearly a scam
@maksimmuruev423 2 роки тому
@@fritzfahrmann4730 this is exactly main point why I'm so doubt about this network. In my city no som many hotspot.. and I'm pretty sure zerro sensors but owners claim to the profit.. how so? Clearly money paid by new orders and some not paid at all because gready one HODL how they call it, in hope it will more expecive. And also token market provide some funds for the pain off. But in general this is not bad idea. It whey allowed use anysensors it can be usable.
@kekagiso 2 роки тому
The concept of it is actually not a bad idea, I just couldn't understand why a new currency needed to be created (well I see now why) but you could argue that there could be a ligitimate case for rewarding gateway operators somehow.
@canwenot573 2 роки тому
You certainly could argue that, and blockchain/crypto makes a good medium to do that. However, the execution in this case pretty clearly resembles a ponzi scheme. Given, as he said in the video, how little the network as a whole was able to make from data transport and how they no longer allow people to build their own gateways(hotspots). I do agree that the concept is solid, especially as big data, cloud/edge computing and machine learning become more mature. There will likely be a number of applications for LoRa in these fields, and that inevitably means that someone is going to be paid to build/maintain LoRa infrastructure. Somehow, some way, there will be something of value exchanged for those services.
@miroslavbazitov183 2 роки тому
Interesting discussion, I also think it is more like a ponzu scheme, but only because of the low usage of the network. I get that the authorised devices could have much to do with the security concerns, but this limited supply sounds fishy if the hardware is almost entirely off the shelf. They have also announced a 5G hot spot - only for the US, but that sounds likely to be heavily regulated. (I wouldn’t be happy if my neighbour points whatever antenna my way). It should also be mentioned that their investors own 30% of the tokens, it will be quite indicative if they offload etc. Otherwise even if it is a scheme at least it doesn’t burn KW :) and you are part of a global telecom for “just” $400
@AndreasSpiess 2 роки тому
@kekagiso: You are right. As I mentioned in the video. The idea was not bad for the capitalistic world we are. But now it seems it is out of their hands as Can we not wrote. 5G is heavy licensed (governments charge billions for licenses). So I cannot imagine it can be used the same way. This is a different animal than ISM.
@wistonlawsons4443 2 роки тому
This is precious information. And looks super fun to do. Thank you very much bruh.
@AndreasSpiess 2 роки тому
You are welcome!
@619ota 2 роки тому
Man. I've been following you for awhile and never noticed your videos on LoraWan. I got into Helium a few months ago. But, its gonna be like half a year to get my miner. Plenty of time to watch all your videos on Lora.
@AndreasSpiess 2 роки тому
And hopefully still time to make money!
@martymcfly88mph35 2 роки тому
They use the miner for months then ship them when they've already made money on them. Good deal for them.
@mvadu 2 роки тому
I didn't know you had a doctorate in business, watching your regular videos didn't make it apparent. May be you should make few more videos on bitcoin miners once you get a break from you yacht.. 😁
@AndreasSpiess 2 роки тому
I am a trained Electronics Engineer, too. So far, this was not important for my videos. I am not too interested in Cryptos. Just this combination was interesting.
@houserental5424 2 роки тому
So I assume you are involved in this get rich quick scam and you got upset when Andreas dropped a truth bomb on your silly venture?
@mvadu 2 роки тому
@@houserental5424 so far I haven't touched anything crypto block chain in my pinky. $0 lost.. Of course Wallstreet is doing good job in making sure I lose money none the less
@samreciter 2 роки тому
That's the thing with those network ideas - it's the questionable use-case. Right now there is just not much LoRa use. But on the other hand - with a good functioning network - it might get more. And despite what you said in your video - that they had to pay 20k $ for PoC - they actually had to pay none - as they created their own currency (HNT) for 0$ and are paying their PoC with it. The value given to the currency is just speculation on the crypto market. It's questionable as it might go nowhere - but speculative - it could become the network with the most coverage & LoRaWAN could become the technology for IoT - then it might become a viable business. It's a game of chance and speculation - not necessarly a ponzi sheme.
@AndreasSpiess 2 роки тому
We will see. 500 dollars turnover for a global network after a few years of operation does not make you think? Is the market demand really so big? Big companies like Deutsche Bahn build their own network because it is quite cheap for the places they need.
@samreciter 2 роки тому
@@AndreasSpiess I totally agree - it's obvious that the demand is not there (yet). And i assume they even use their own stock of HNT to pay for their bills. Although they sure get some kickback from the Helium hardware too. I would not invest in it myself - at least not long term - as i see the chance as very low. But it's how alot of those new companies work - completely investing in a possible future with f# high risk - trying to be the first of something. I agree with your assesment of the company - but it's hard to tell if they really believe in themselves or really just putting up for the ponzi sheme =)
@AndreasSpiess 2 роки тому
I do not think they wanted to create a Ponzi scheme. But they thrive on it now...
@notlessgrossman163 2 роки тому
Wonderful, I subscribed . Cheers. And danke for the heads up
@AndreasSpiess 2 роки тому
Welcome aboard the channel!
@G7LWT 2 роки тому
Thanks very much Andreas, all my questions were answered clearly and concisely in one short video...
@AndreasSpiess 2 роки тому
Glad the video was helpful! And thank you for your feedback.
@sermarr 2 роки тому
If you finally get rich, I don't think you will retire and get bored, you wil find something more challenging that requires more money and end up rivalling Elon Musk.
@bornach 2 роки тому
He will probably spend retirement making art, and then selling that as NFTs
@AndreasSpiess 2 роки тому
We will see what happens...But only spending money probably is really boring for me.
@JC.72 2 роки тому
we need Andreas to be rich, and so he can build and create super large antennas to power the world and finish the job the real tesla left undone.
@pcost 2 роки тому
Sharp as always, Andreas! Greetings from 🇧🇷 and 🇨🇦!
@AndreasSpiess 2 роки тому
Thank you!
@vinhdat82 2 роки тому
When you have some free time, you can go back. Thanks for your informative videos. I watch most of your LoRa videos. Good luck for your next work.
@AndreasSpiess 2 роки тому
No worries. This video was a sarcastic joke. Nothing will change here...
@kevgermany 2 роки тому
Thanks for the heads up. I hope your message gets through. Worries me that con schemes like this can thrive. Authorities should step in.
@AndreasSpiess 2 роки тому
The message will hardly get through. Greed closes ears and eyes :-(
@kevgermany 2 роки тому
@@AndreasSpiess too true. Sent this to a colleague, intelligent guy, he couldn't see a problem.
@harrygallons4017 2 роки тому
The first quarter of the year was all about survival with many achievements not met but you have to be ready for second quarter and it begins right now by making a move to achieve your goals…If you have been saving and it’s not really getting you to were you want to be, then invest that money today for a better life tomorrow. If you can’t fly, run, if you can’t run walk, if you can’t walk crawl but just try and move to achieving your goals.
@morrisonjeff8176 2 роки тому
So true . Despite the economic hardship and the inconsistent fluctuations in crypto value , it's a good time to invest and buy more dip which will generate more profit during the bull market . Let's be wise
@mostblessed7746 2 роки тому
It's surprising that people are so scared and discouraged by the sudden drop in value . Most Crypto traders and investors are less knowledgeable about the dynamic of Cryptocurrency . Well , it's a time to buy dip and connect with good traders that knows the nature of Crypto . Buy dip. I'm much covered and secured about the market 😁✅
@henrytapio4482 2 роки тому
I wanted to trade Crypto but got confused by the fluctuations in Price
@jamesjacob242 2 роки тому
I heard that his strategies are really good!
@philipevans7547 2 роки тому
Trading now will be very wise but trading on binance and coinbase without a professional is not ideal
@GlennHamblin 2 роки тому
Seems there are limitless ways that people want to separate me from my money.
@AndreasSpiess 2 роки тому
Fortunately, only if you believe them. This is the reason for that video.
@damiendoute4595 2 роки тому
"A fool and his money are soon decentralized"
@joachimswigon271 2 роки тому
thanks for your great videos. I wish you a nice and healthy time.
@AndreasSpiess 2 роки тому
You are welcome!
@joshflugel 11 місяців тому
Thanks for sharing, I am a big fan of your videos, I will be picking up my first LoRa hardware boards today, so stokwd.
@AndreasSpiess 10 місяців тому
Enjoy your new adventure!
@ArcanePath360 2 роки тому
Cue all the spam "You should invest in Bitcoin" and "Yes, I did and now I'm rich" comments
@AndreasSpiess 2 роки тому
I already got a fair share of such comments ;-) I deleted them if they were ads.
@ahaveland 2 роки тому
@@AndreasSpiess There are lots of comments "advertising" cryptocurrencines that don't look like adverts, but appear to be bots commenting to support a seed comment also posted by a bot. These should be removed too.
@doobedoobedo1 2 роки тому
Atomic Shrimp just put out a video about them ukposts.info/have/v-deo/hX6Jn2eocGugsWg.html There's one starting with a post by 'Wang Wei' in these comments.
@AndreasSpiess 2 роки тому
Thanks for the link. Exactly the same post I had to delete today again and again...
@morecryptoonline7188 2 роки тому
People will be so alarmed at what Bitcoin will tune up to in few weeks if they miss the opportunity to buy and invest in bitcoin
@godwinedward3110 2 роки тому
Bitcoin trading nowadays is a big change to make money
@biancaedavapas3308 2 роки тому
BITCOIN: IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD
@violin5343 2 роки тому
Crypto is the future, trading crypto has become a lucrative way of making money
@oliverethan5415 2 роки тому
Stock are good too Stocks are good crypto is better
@johnnathan4038 2 роки тому
I wanted to trade crypto but I got confused by the fluctuation in price
@gustersongusterson4120 2 роки тому
A months long waiting list...but I want to get rich now! I've really enjoyed your videos on Lora, thank you for them. Also at the beginning of the video I actually believed you had "A PHD in Business Administration", then as the video went on I got more skeptical. You got me there!
@AndreasSpiess 2 роки тому
I hope you did not doubt about my PhD. In BA. Or were my calculations wrong?
@janmaker227 2 роки тому
If the guys from wallstreet bets find you :)
@dogastus 2 роки тому
Looking forward to your next video 😁
@AndreasSpiess 2 роки тому
:-)
@dennis8196 2 роки тому
Before the name Ponzi was mentioned I could see that's exactly what it is. The money going to the original few only comes from the influx of new user members. When new members stop coming in, the system dies.
@AndreasSpiess 2 роки тому
I think, with Crypto it is a little different. But the end effect can be similar if people want to change the HNT into dollars. For teh moment, fortunately, everybody is greedy and stays in HNT.
@bornach 2 роки тому
@@AndreasSpiess Cryptocurrency is the latest justification for "This time it will be different!"
@janmaker227 2 роки тому
It’s advanced and different to a traditional Ponzi scheme because people don’t need to join it to put their money into it :) there are people actually trading helium coin without commuting to the project. Remind me of the big short (awesome movie about financial crisis 2007/2008) it’s like there is a Ponzi scheme on the surface and then there is a giant giant Ponzi scheme building on it :)
@avamander. 2 роки тому
Fun fact, the only ones that can enroll a new Helium hotspot hardware is the Helium Inc themselves. Nobody else has the keys and they will soon require that the hotspots are cast into resin and so on, for "security".
@AndreasSpiess 2 роки тому
I am not sure I would call it "fun" ;-)
@ronmckay9037 2 роки тому
I can see mine there! Thank you for all your wonderful content I have really learned so much.
@AndreasSpiess 2 роки тому
Happy to help!
@danielbotelho4696 2 роки тому
Thank you, Andreas, Great explanation!. Can you indicate the best antenna to buy for this project?
@AndreasSpiess 2 роки тому
The best is to avoid this project right away. There are a few videos on how to find or build good antennas on this channel.
@thomasberntsson6842 2 роки тому
Helium is a good name - a gas that will evaporate into … nothing!
@AndreasSpiess 2 роки тому
Helium is a quite stable element. So we might even repurpose the hotspots as ordinary gateways ;-)
@Momfasa 2 роки тому
Thank you for letting me know the way to infinite wealth (said in a high pitch helium gas voice) :D
@AndreasSpiess 2 роки тому
:-))
@mt-qc2qh 2 роки тому
I use the LoRa radios for my home projects, with my own private gateways, based on your past videos. They certainly outperform the nrf24 and nrf905 radios and use the Radiohead libraries. When I first saw the Helium "Peoples Network", I immediately thought about the data transfer and who the hell would ever use such a network. If you're tracking grocery carts or even water meter readings using LoRa, as a company you would implement your own gateways. The "crowd funded" approach is indeed a ponzi scheme and all the hardware vendors are making a killing on the vapor hype. Some are hitting $650 for the hotspots. What a gimmick. I appreciate your affirmation of this point! Thanks.
@AndreasSpiess 2 роки тому
You are welcome! We will see how it goes over time...
@Credon59 2 роки тому
Thank you for your videos, they are very much appreciated. Quick question please, I am going to get a TS80P using your Amazon link.. I want to get the kit instead of the just the iron/tip. Do you still get influencer percentage if I choose a different item after visiting your store first?
@AndreasSpiess 2 роки тому
AFAIK I will get the commission if you start your purchase with one of my links even if you do not buy exactly the product. Thank you for your support!
@Credon59 2 роки тому
@@AndreasSpiess perfect.. I will use it often, thank you again =)
@Sashasdoc2 Рік тому
My father has a dry wit, but yours is positively arid! Another fine video from that guy with the Swiss accent. Always a pleasure to watch another one of your videos--looking forward to your travelogues from Miami and Tahiti. ;-)
@AndreasSpiess Рік тому
Glad you enjoyed it!
@captainpugwash4100 2 роки тому
The old adage applies! If it sounds too good to be true, then it probably is!
@AndreasSpiess 2 роки тому
:-))
@richsadowsky8580 2 роки тому
Andreas I am brand new subscriber. I'm watching many videos relevant to RP2040 or to the protocols all the similar SoC support. What I like is that you go a little deeper and uncover more interesting information on topics. I enjoy your sense of humor and wit. You explain things well but not afraid to say "I have no idea how this thing works". Yes. You've converted viewer into a liker who became a subscriber. And you tell me it's over between us? I don't actually know what your new venture is but I am sure I will come across it. Location in the tropics sounds like a very good start to a business plan! Best of luck. I hope you do decide to drop a vid on us from time to time. Thanks for all the info sir.
@AndreasSpiess 2 роки тому
Welcome aboard the channel and thank you for your nice words! Do not believe all I said in this video. I was probably a bit too sarcastic. Nothing will change here and you will get the new video on Sunday morning
@richsadowsky8580 2 роки тому
@@AndreasSpiess Ah I am beginning to figure you out! As you suggested in a reply to older videos with Lora and LoraWAN, I have been watching many of these Lora-related topics. Clearly, in this video you are telling us to take profits on our piles of Dogecoin (sometimes referred to as piles of dog poop), and also take out a second mortgage to buy HNT. Why? Because I want the sports car, Lear jet and super-yacht. There's a catch. I don't want to work or think. I just want to buy a sure thing. Everyone keeps warning me about exit scams. I don't get the big deal. When I was a teenager I often exited the theatre via the exit doors to be used in case of fire. I typically plan the scan as soon as I observe the theatre. No risk of an exit scam here because there'd no movie theatre with doors you aren't supposed to open. Hmm, I wonder if they'll let buy HNT on margin. Surely my broker will share my enthusiasm for a "sure thing." First, I have to liquidate my holdings of pet rocks, mood rings, cabbage patch dolls. I also collect Happy Meal toys. They are 100% authentic and preserved complete with burger and fries still in the box. Just practicing my own sarcasm. I would NEVER sell my original, in box, happy meals!
@McTroyd 2 роки тому
I think this is the funniest video you've posted to date. 🤣 Currency speculators are hilarious. I mean, sure, you CAN get rich doing it, but you also CAN win the lottery. See you in Tahiti. 👍
@AndreasSpiess 2 роки тому
I agree. But I think the ratios are different than in a typical lottery. Here, more people get money, but not as much as one main lottery winner...
@jorgealonso2238 2 роки тому
Great video Dr. Spiess. I live in Toronto, lots of hotspots, lots of money being made here at the moment.
@AndreasSpiess 2 роки тому
I hope they all change it into dollars. But I fear that greed prevents a few in doing so...
@WorldCitizen75 2 роки тому
Excellent view points and explanations. Greetings from Finland 👋
@AndreasSpiess 2 роки тому
Glad you enjoyed it!
@MrEatbrix 2 роки тому
I truly enjoy your growing sense of humour! Thank you for ponzi explanation 🤣
@AndreasSpiess 2 роки тому
My pleasure!
@marcelomorandi9834 2 роки тому
Hi. The alternative gateway that you suggest in the video was composed of a RAK2245 module together with a Raspberry Pi4? I ask because the link you include leads to a Raspberry Pi4.
@AndreasSpiess 2 роки тому
As said in the video: They do not allow home made miners anymore.
@berndeckenfels 2 роки тому
Having an actual useful proof of work function is a great idea, unlike hash burning CPUs or buying NAND for dummy storage. But if it depends on the traffic, hmm…
@AndreasSpiess 2 роки тому
And the sums paid for such a small service seems rather high for me...
@NiHaoMike64 2 роки тому
There's Curecoin and Foldingcoin that mine using medical research.
@simplerecipes1800 2 роки тому
Hello Andreas, thanks so much for the video! Do you think it makes sense to improve the bobcat miner's antena to 8dbi? And if so what antenna would be feasible? I see some miners get crazy long distance witnesses and would like to achieve that. Thanks for your suggestion.
@AndreasSpiess 2 роки тому
It makes not a lot of sense. Loca
@simplerecipes1800 2 роки тому
@@AndreasSpiess thanks for the answer Andreas. Danke viel mals! Do you have a video on how to best lcoate your helium miners? For example if I have 5 miners. I am lacking knowledge on the best tool.. I have seen a few paid ones. Wondering if you used and or you could suggest what would be the best approach that I could simulate and plan in advance where to locate that I will get the most rewards possible. Time and planning is key 'like a swiss watch' thx Andreas 😉
@AndreasSpiess 2 роки тому
Maybe you consult my LoRa playlist. There you find sim information about LoRa coverage.
@hsmptg 2 роки тому
Looking in their map coverage, I did not knew that I had so many LoRa gateways around me! I thought I was the only one in my village! :D
@FilipeNeto616 2 роки тому
Same here. Wasn't aware of how many Lora gateways I have nearby. All of them with very funny names 😁
@AndreasSpiess 2 роки тому
So you just have to get some HNT and connect your sensors to the gateway. Cool ;-)
@gedatheged 2 роки тому
Interesting video, but be conscient that if you want to build you own hotspot with the listed materials, you won't get any HNT anymore. If you plan to buy an official gateway, make sure you have checked that the distribution of HNT will change overtime. In the futur you will get less for the Proof of coverage and more for the data transfert. As mentioned in the video, the network is not carry much data at the moment ... The simple way to get rich with helium, is probably to buy HNT and hoping the value will get higher. By the way, the token generation will be halving on the 1. August 2021 (may be a sign, because it's the day of the swiss national day !)
@AndreasSpiess 2 роки тому
You are right. But why would I build a hotspot if not for making money. If for sure will not be used for data traffic... I think you can also buy Bitcoin or others instead of HNT. It seems the cryptos move quite in parallel. See this week.
@domenicopalomba 2 роки тому
Excellent and sharp as usual! I bet at least it helped you to increase your subscriber numbers, especially if videos are not watched till the end 😉... but please please don't stop making UKposts videos, how could we spend our Sunday afternoons otherwise?
@AndreasSpiess 2 роки тому
Unfortunately, the video does not perform well. It was important that my core viewers got the analysis.
@flatronsoj 2 роки тому
The PhD sums why your LinkedIn work experiences is more business oriented..... I hope i see more swiss videos from you from some time... enjoy spending your helium money :D
@AndreasSpiess 2 роки тому
UKposts is only my hobby.
@gaborungvari784 2 роки тому
amazing opportunity , thanks for sharing this hidden gem with us Andreas :)
@AndreasSpiess 2 роки тому
Glad you enjoyed it!
@ats89117 2 роки тому
Very impressive! The people running this have generated a market cap of $1.172B in circulating HNT by generating a cryptocurrency around transferring data without actually transferring much data!
@johnbell1810 2 роки тому
Thanks for you input on helium. What's to prevent someone from starting a competitor network using DIY raspberry and parts?
@AndreasSpiess 2 роки тому
Networks are always hard to begin because of the network effect ( en.wikipedia.org/wiki/Network_effect ). Value of networks are very low at the beginning and they hardly can compete with established networks like TTN, Sigfox, or Helium.
@dreek11 2 роки тому
Loved it, we will miss you! 😪
@AndreasSpiess 2 роки тому
No worries ;-)
@jstro-hobbytech 2 роки тому
You certainly don't lie when you say fresh ideas. Great video. I'd love to know what you do for a living but privacy is precious and needs to be respected. On a side note, I made a bet with myself that I'd cut my foot off if this your last video. Byyyyyeeeee!
@AndreasSpiess 2 роки тому
Thank you! I am a consultant for ERP systems
@jstro-hobbytech 2 роки тому
@@AndreasSpiess A process engineer. I've come across very few good process engineers as it requires a multidisciplinary skill set and experience. If I had to guess before you told me I'd have said you're probably some sort of complex logistical analyst. I pretty much hit the nail on the head I believe given your approach to presenting your very original ideas in your videos. I always take away something very important from your ideas. Technically and in one instance (your new year video) a real sound way to look at life and something I am very appreciative of as I suffer from a host of mental health issues and I really (unknowingly) needed to hear that. I believe I told you that already though haha
@richard_wenner 2 роки тому
Well something to cheer us up after last night's Eurovision! I'm still receiving a wealth of email on this after making an initial enquiry but I did not plumb the depths of research you have here. Perhaps that's the difference between a plain old MBA and PhD. Well done!
@AndreasSpiess 2 роки тому
There for sure is a difference between the two: A lot of sweat ;-) Anyway, yesterday night, I also had to watch till the end. I thought: Britain has to switch gears if they want to dominate the world again as with the Beatles or the stones... Brexit alone did not help so far ;-)
@richard_wenner 2 роки тому
@@AndreasSpiess Dominate? As our commentator said - we'd be happy to appear on the left hand column of the scoreboard. You could divide last nights performances into three:- a) Standard computer based bilge b) the 2 rock tracks and then 3) the more inventive Iceland, Spain, Portugal, Switzerland and possibly Germany. As for the Beatles - I recall my father commenting that every new Beatles track - was not as good as the one's that went before. The important thing was that they grew on you quickly over time - and then became classics. It was not an instant format that suited the program at the time (where pre-releases were unacceptable). As for the Brexit thing - well we gave France 12! and our song was just 'stock'. I don't know how much Eurovision paid for their graphic - but that too was uninspired. Must stop now as it may make me look like a bad loser :) Our current plans appear to be to sell out to the Australians (agriculture), aggravate the Chinese (by sailing into disputed water with our shiny new aircraft carrier) and cut our oversees aid funding (shame of shames). So much for our global aspirations! (Don't start me on the beloved BBC debacle). Do you charge for this therapy? Speak later - and stay cheerful :)
@AndreasSpiess 2 роки тому
We were where you are now with zero points. So I know how it feels ;-) Anyway, we already have our scandal because our performer has Croatian roots ans, when he got 12 point from the „enemy“ (the Serbs), he made a sign with his hands against them. Now we have a big discussion. You see, the world is no more as simple as it was during the Beatles vs. the Stones.
@richard_wenner 2 роки тому
@@AndreasSpiess - ah Happy Days! (as a song of the day had it). :)
@gavins1910 2 роки тому
I'd love to see a follow-up of this video. For example, what are your thoughts on the upcoming light hotspots? And, some of their newer customers, Dishnet and Senet?
@AndreasSpiess 2 роки тому
The general situation will not change with such deals nor with other hotspots. I plan to do a video on how to create sensor nodes for the Helium network.
@vng 2 роки тому
I want to join you in the tropics too! Let me go order 100 of those gateways now.
@AndreasSpiess 2 роки тому
Good idea. I hope I will like the heat and the boredom ;-)
@tonisee2 2 роки тому
I'm delighted to see and hear that there are people in the world who know what is sarcasm. :-) Enjoyable video!
@AndreasSpiess 2 роки тому
Thank you!
@useyourbrain2022 2 роки тому
my understanding is that helium no longer allows built own hotspots, are you sure that is posible to do as you says? concentrator + rasberrypy? thanks
@AndreasSpiess 2 роки тому
I thought I said that it is no more possible...
@oznog4791 2 роки тому
You made my day, Thank You :D
@AndreasSpiess 2 роки тому
You're welcome 😊
@josediaz-rx6zf 2 роки тому
thanks you so much for sharing all this information. I really enjoy your channel top content. Can you please do a similar video on the “M2 pro miner” from Mxc & Match X. They are a similar project like helium.
@AndreasSpiess 2 роки тому
I do not like the combination of LoRaWAN and crypto. So I do not think I will do another video about nearly the same thing...
@BasOudeNijeweme 2 роки тому
@@AndreasSpiess if YOU do not like it, but it is your expertise, it can be just the thing to make a video about this all....shame! (shame as in, would love to see these videos) (without the sarcasm ..well without it being 100% sarcastic :)))
@mathijs5594 2 роки тому
I believe mining using “proof of coverage” is an interesting innovation in the crypto space. The fact that this mining algorithm is less energy intensive compared to something like “proof of work” while essentially performing the same task and also creating a usable network is something I like personally. It’s also nice to mention that Helium is expanding to 5G which could fix some of the lack of data transferred. On the other side, from an telecom business standpoint, the data transfer numbers at this point in time indeed look terrible… In the helium community it is often argued that it is only attractive for businesses to use the network when coverage is more consistent (so when more hotspots are deployed). But then again the data transfer would need to increase several magnitudes in order to pay out something significant to the owners, not looking good.
@AndreasSpiess 2 роки тому
How can they move to 5G? Here, 5G spectrum is sold for billions of Euros to the telecom operators.
@mathijs5594 2 роки тому
@@AndreasSpiess The Helium 5G Network will be exclusively available in in the U.S. for now (using the open CBRS spectrum). But yeah, I don’t see how they would do the same here in Europe.
@gavins1910 2 роки тому
@@AndreasSpiess They use the CBRS band in the US. Not sure about the rest of the world. 5G should drive up the data usage.
@power-max 2 роки тому
@@gavins1910 CBRS is only 1MHz bandwidth and very short range. Data rates are going to be laughably low.
@gavins1910 2 роки тому
@@power-max They are doing private 5G on the CBRS. Low data rates per device but large data with millions of devices.
@detleflaub6706 2 роки тому
Hilarious! Great vid. But the idea of helium is that the use cases will start coming in once the network covers large parts of a town. So the city council can for example monitor the traffic with the helium network. But you are of course right. The customers will not come to the network automatically. Helium needs a sales department, someone to speak to the city council who calculates the savings the city can have if it works with helium rather than 4G or 5G.
@AndreasSpiess 2 роки тому
We had these community discussion 4 years ago with TTN and it did not happen. A lot of good ideas but unfortunately no traction.
@detleflaub6706 2 роки тому
Well, I talked to the city council in my town and they would be delighted to lower the costs if they could track their e-scooters with lorawan technology rather than paying for a SIM card for each vehicle.
@NailujReburg 2 роки тому
@@detleflaub6706 but I think it’s cheaper for a company to create an own LoraWan instead of use Helium. For example an e-scooter company only need maybe 25 gateways to cover a hole city.
@detleflaub6706 2 роки тому
@@NailujReburg Yes, you are right. After further research about LoRaWan and the Helium network, I am quite sceptical about the project and the coin.
@iamanempoweredone6064 2 роки тому
Do you have to separate each one a long distance from each other or can you accumulate these units in one place to increase value?
@AndreasSpiess 2 роки тому
They earn less if they are too close to others.
@iamanempoweredone6064 2 роки тому
@@AndreasSpiess, that’s what I thought. I’m looking for very small cheap storage units that have power and then I can use them to plug in and mine a few different coins like harmony and helium. As well as store a few things.
@AndreasSpiess 2 роки тому
It is up to you. Maybe you have to wait a little till you get your devices. 300'000 seem to be on order. So no pre-payments ;-)
@Trade-Army 2 роки тому
You are welcome to come to Clearwater Florida anytime! :) Come on down!
@AndreasSpiess 2 роки тому
Thank you! Actually I was once close to where you live: I learned to fly in Venice (in the 1990s).
@hunterssports 2 роки тому
Good luck. Ive been watching your information for a very long time. I purchased 59 Rac units over 5 months ago with my 2 credit cards. The Units still have not been assigned a shipping date as per my order number. So any one else waiting, im thinking.....you may wait over a yr? its been 5 months from cal chip for me. I wanted to be up and running before the halfing. I have many local homes to install each unit, thats why i ordered so many. I was checking your youtube channel out over a yr ago to improve my knollage of 915mhz RF transmissions. Thanks to your information I can see others on youtube related to hnt getting it screwed up, some thinking bigger is better, but its about how you have shown us from previous videos, location , location, location ! oh you ask why 59 units...thats were my cards maxed out at lol. Cheers.
@AndreasSpiess 2 роки тому
I hope you will get what you want. As you might have seen in the video: I am very skeptical...
@zzzetww4968 2 роки тому
i ordered my Bobcat a month ago. 59 Miners are a lot, I hope you know what you're doing, good luck mate!
@leecyrille 2 роки тому
So can I actually cheaply use this network for something like car starter with a normal Lora ESP board? hopefully most of this network hangs around if the currency drops
@AndreasSpiess 2 роки тому
I do not see the relation between a car starter and LoRa. But you can use Helium for your LoRa sensors as TTN. You just have to pay a small fee for the data transmission.
@PhillipHilton 2 роки тому
See you in Tahiti Sir!
@AndreasSpiess 2 роки тому
:-)
@sikedipuuhja7376 2 роки тому
thanks for the laugh… “you had us in the first half, i’m not gonna lie”
@AndreasSpiess 2 роки тому
That is why I said: Stay till the end!
@gustavoenriquejimenez8098 2 роки тому
Hi Andreas. Is it possible to build a Helium hotspot from cheap LoRa modules? According to your video #134, it is possible to build a gateway with the limitation of one module per channel. Is it possible to write the code to glue those cheap modules to the Helium network?Thank you!
@AndreasSpiess 2 роки тому
You can build DIY Lite gateways. They are not allowed to mine, though.
@gustavoenriquejimenez8098 2 роки тому
@@AndreasSpiess Now I understand a little more about Helium. If anyone were allowed to set up their node without centralized authorization, or in this case a unique key, there would be a lot of fraud. It is an interesting problem. I will read more on the subject. Thanks again! Edit: Bitcoin requires a proof of work, Cardano requires a proof of stake. Helium requires a proof of physical location. That's the problem with Helium, and that is why right now you need to validate your software/hardware with the Helium team. A tricky problem, since is so easy to spoof a location just by software.
@alicewyan 2 роки тому
Sounds pretty legit if you ask me
@AndreasSpiess 2 роки тому
I am no lawyer....
@bergonius 2 роки тому
I think it's a necessary phase of a mesh network - sort-of Ponzi scheme phase. It's when the network is not yet big/viable enough to attract real users, but you have to somehow incentivize network growth. Here it seems it's done with introducing yet another cryptocurrency with a PoW of keeping a LoRa node. Now, if it won't collapse during this phase it could enter a phase when it's known enough to facilitate real users who willing to pay, and nodes start to earn money by serving users instead just existing.
@AndreasSpiess 2 роки тому
I agree. My point is different: We have LoRa networks all over the place (for the last 5 years). But the number of use cases is small because this technology only covers a niche. So even with the best infrastructure: It will not produce the amount of money. But maybe I am wrong
@DarronBirgenheier 2 роки тому
@@AndreasSpiess For your information: The Things Network maps currently shows TWO hotspots in the entire huge state of Nevada, in the USA. The closest one is nearly two hundred miles from where I live (both are in Reno, Nevada). The Helium map shows hundreds of Helium hotspots in Reno alone, as of April, 2022. While I support both purely volunteer and commercial efforts in the realm of LoRaWAN, it appears that at least in the case of Nevada, "The Market has Decided". As to the long-term results, financially, of the Helium network, that's a WHOLE other question. I hope that if and when Helium collapses, the millions of newly "orphaned" hotspots out there will be readily convertible to private or other commercial use, and don't become e-waste.
@talegrinho6969 2 роки тому
Thanks by subtitles
@AndreasSpiess 2 роки тому
You are welcome!
@mrtnsnp 2 роки тому
Excellent business case. Going to Marbella, that is. If only the waiting line for the vaccines wasn't that long…
@AndreasSpiess 2 роки тому
No problem here. As a famous UKpostsr I got already vaccinated two times;-)
@mrtnsnp 2 роки тому
@@AndreasSpiess Well, the Netherlands here. I leave it up to you to read the news. Probably in early June, likely J&J, so only one shot.
@bekirozturk3310 2 роки тому
Can I use the SENSECAP M1 helium hotspot as a gateway at the same time as TTN?
@AndreasSpiess 2 роки тому
You can only connect a gateway to one network. You can use the helium network as the TTN network for your nodes. You just have to pay for the transfer.
@HamedAdefuwa 2 роки тому
This is the video I wanted!!!
@AndreasSpiess 2 роки тому
:-)
@auxz2jz158 2 роки тому
Can you do an updated video on a DIY lower Gateway
@AndreasSpiess 2 роки тому
What is a Lower Gateway?
@Average_Geo 2 роки тому
For a rural technology (LoRaWAN) the concentration of the hotspots seem to be in urban areas where more cost efficient data packages are available. If I set one up on my ranch, it won't make any money since there aren't any hotspots in the antenna range to PoC my existence. So much for rural LoRaWAN access. Maybe it is expected to grow? I may get one just to see what it does. It might take a few years to earn enough to give it value...
@AndreasSpiess 2 роки тому
If we look at TTN, the money is made in the private networks. I cannot imagine that a lot of corporations will depend on public networks where you can switch your only gateway off if you desire. Also getting 40 million messages through your rural hotspot is probably not too easy...
@r3k_it 2 роки тому
I also live in a ranch where I am going to set up 5 of them meeting the 350 m apart. Doing this should be able to communicate with each. Even with the halving coming, it will still be worth it.
@AndreasSpiess 2 роки тому
@Raul. You probably have to wait a little: 300'000 miners seem to be on order...
@enriquephan7729 2 роки тому
Hey! It would be great if you could also make a video or tell us your opinion about the MatchX network, they're going with a completely different approach and better technology. The name is MXC Foundation.
@AndreasSpiess 2 роки тому
No need for that. If you understood this video you can extrapolate it to MCX.
@MarionMakarewicz 2 роки тому
Holy cow! I didn't realize you were Herr Doktor! Nice to know when education and skill coincide. In your case, you surpass the educational credentials.
@AndreasSpiess 2 роки тому
This fact is also not important...
@SchwarzerCorsaR 2 роки тому
Großartig! Ich werde den ganzen Tag innerlich grinsen. 😁
@AndreasSpiess 2 роки тому
Danke!
@stevenelliott9821 2 роки тому
Ich auch!
@schukoheimann 2 роки тому
Our startup-company would be happy, if the Helium-network could be used for our upcoming solution for fleet-operators. So we do not have to built the infrastructure ourself. The price for Helium-Gateways do not seem to be much more than for standard LoRa-Gateways. So the chance should be good, that the infrastructure will stay in plce, even if the Helium-reward-system crashes.
@AndreasSpiess 2 роки тому
We will see if the „investors“ are still interested. Anyway, you have to check if coverage is ok for you. It seems to be concentrated in cities.
@abiduddaim 2 роки тому
Hi I need dev. Board include wifi, Bluetooth and big amount of flash I used esp32 but when i use bluetooth and wifi library, remaning flash memory become almost zero So which module is suitable? If any module has gps, thats more suitable
@AndreasSpiess 2 роки тому
All ESP32 boards have the same flash. you can change the "partition scheme" if you need more Flash for your application.
@HaraldHagenaars 2 роки тому
Just checking some of the miners here in Eindhoven (a hotspot of high tech 😉), I see mind boggling rewards of 1€ in the last 30 days. A very positive business case if you ask me 😂
@AndreasSpiess 2 роки тому
You just have to wait till more miners arrive ;-)
@neildotwilliams 2 роки тому
In a few months I plan to convert mine to be the most expensive gateway on the TTN network 😂
@AndreasSpiess 2 роки тому
:-)
@neildotwilliams 2 роки тому
@@AndreasSpiess could even be the best thing to happen to TTN. Time will tell.
@AndreasSpiess 2 роки тому
Agreed.
@fitybux4664 2 роки тому
Convert it to TTN and be able to talk to a few thousand gateways. Use Helium and talk to 211,000 gateways for a very low price.
@ytubearbeit2944 2 роки тому
Should I convert my IOTA in HNT? ;) Anyway, get your hands on AMS sensors. From the lightning sensor, tri-stimulus, 18band VIS/NIR to the new i-phone IR raster laser TOF sensor for 3d scanning. And we have a big problem in the EU after 1 July: Duty free parcels from China are gone. Rest in peace Aliexpress :(
@AndreasSpiess 2 роки тому
I would not underestimate the Chinese. I already see that they started delivery from Spain, France, and some Eastern countries. Maybe not from day one on. But for sure in the next month. They will not give up this customer potential, I think.
@Crayban 2 роки тому
Just want to let you know Andreas, most my knowledge I learned to understand LoRaWan was from you, and still learning. So thank you, and wondering if you have received your hotspot yet?
@AndreasSpiess 2 роки тому
Glad you find my content useful. I never intended to participate in this frenzy. I made my own hotspot connected to helium but without miner and crypto...
@Crayban 2 роки тому
@@AndreasSpiess Thank you so much for your response, such a legend :). My main curiosity was to optimise setups and gain better coverage and definitely feels fulfilling once they you see the results. I have a Nebra Miner coming in a few weeks and they don’t have the best of antennas. I am on a mission to create the best setup ever, and would love to collaborate somehow if you would like, even though you are not the biggest fan of the project. Happy to share any HNT rewards, my main focus is to provide one of the best coverages on the Helium Network. Here is one which I look up to, it is an off-grid setup equipped with a 12dbi omni-channel antenna, Solar panels to drive the energy to run the miner/ portable broadband hotspot, linked with a Dragino LHT65 temp and humidity sensor to monitor the device. Quite an impressive setup, which I can share some pictures of. Its range is impressive, you can view it on the explorer map: Atomic Vanilla Locust Let me know your thoughts :).
@sanfourbensanfer3911 2 роки тому
For LoRa Bord Konzentrator there is 2 EU versions, 433 and 868 MHz Wich one should we use? From stomach feeling I would choose 433 MHz because am living in country side
@AndreasSpiess 2 роки тому
>It has to fit the bandplan of the network.
@cesar5555 2 роки тому
Hello and how is your Helium project going today? greetings from Mexico
@AndreasSpiess 2 роки тому
Currently, I do not use Helium
@matthewb7800 2 роки тому
If you have both Helium and TTN gateways covering the same area, do they just drop messages they receive but don't have an account for? Maybe you've covered this in a video, if so, please share.
@AndreasSpiess 2 роки тому
Gateways drop all unknown messages.
@sirrubio 2 роки тому
Great video Andreas. Only thing I ask myself is how does Helium make money? As they have third parties selling their hard drive.
@AndreasSpiess 2 роки тому
They can burn the investor's money and I assume they get a percentage from the gateway manufacturers. Maybe they also sold some HNT for dollars.
@sirrubio 2 роки тому
@@AndreasSpiess thanks for your answer, I think they might also take a small percentage of each reward they give you.
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