Why thinking of Helium as a failure is dangerous by Nik Hawks, Josh Rosenthal, Max Gold A common theme Max & I encounter in conversations with DePIN founders is the idea that Helium (the decentralized wireless network that kicked off the modern DePIN ecosystem off) was a failure. Founders think of Helium as a failure […]
A Rough Guide To Helium Mobile
With a couple of hundred Helium IoT and Mobile deployments under our belt, and Mobile fast becoming of serious interest to lots of folks new to the space, we thought we’d quickly lay out how to use the Helium planner to estimate future rewards. If you’d prefer a deeper dive into understanding the HIPs that […]
Shake Those HIPs: A Guide To Helium Mobile
Helium’s Mobile network (and corresponding $MOBILE token) has been developing for the past few years; it’s not a particularly new thing. Still, it started attracting serious notice in the past few weeks after the first bump in the crypto market convinced many people that the bull market is coming, and it might be time to […]
The Fire Truck Law For Blockchain Emergencies
By now the concept of Black Swan events (via Nassim Nicholas Taleb) is reasonably familiar. In brief, no one thought black swans existed until they were discovered in Australia. When they were discovered it rocked the swanian world, and swan-ologists everywhere had to reconfigure their understanding of swan color. For our purposes, we’ll use “Black […]
The DePIN Incentive Cycle – Miner ROI
Max & I have always taken for granted that the “payback period”, commonly and incorrectly called ROI (for Return On Investment), is what drives miner sales in DePIN projects. The Payback Period is calculated at its simplest through dividing the cost of the miner by it’s daily earnings. Obviously that simple calc has a few […]