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Helium Mining Hotspots fundraises $111mln and archives more than 100k active nodes

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HNT price hit a 3-month high after the network’s active nodes surpassed 100,000 and therefore the project raised $111 million through a token sale.

Among the quite 11,000 listed cryptocurrencies, there are a couple of projects that provide a revolutionary use case capable of improving the way society operates through the merge of blockchain technology.

One such project is Helium (HNT), a decentralized peer-to-peer 5G wireless network that made headlines on Aug. 10 because of the successful completion of a token sale that raised $111 million from multiple investors, including Andreessen Horowitz.

Helium Bar has been working in the radio industry since 2015 and growing the Hotspot network of helium since 2020. A lot of Hotspots are already installed in different Cities of Europe and working well and profitable. Helium Bar offers its customers different types of hotspot mining plans and is growing rapidly. 

The concept behind Helium Bar is simple and easy to understand. People who wish to mine HNT with it will need to choose a hotspot plan. That’s the only thing that they have to do and there aren’t any technical complexities. Hence, any interested person can get started with HNT mining through Helium.Bar.

The easiest way to earn HNT Coins is to join a hotspot mining service like Helium Bar. The benefit of joining a mining service is that you can earn directly on your returns and don’t have to wait 4-6 month to get your own devices as well as the knowledge of how to install hotspots correctly. Not everyone has a suitable rooftop location as this is necessary for the best coverage in Helium Network. 

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Disclaimer: This is a paid post and should not be treated as news/advice.


With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
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