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How can I earn network tokens such as HNT through mining or staking?

avatarStephen CairdJan 14, 2022 · 3 years ago1 answers

I'm interested in earning network tokens like HNT through mining or staking. Can you provide me with some information on how to do this?

How can I earn network tokens such as HNT through mining or staking?

1 answers

  • avatarJan 14, 2022 · 3 years ago
    Certainly! Earning network tokens like HNT through mining or staking can be a lucrative endeavor. If you're interested in mining, you'll need to set up a Helium Hotspot and join the Helium network. By providing wireless coverage and validating transactions, you can earn HNT as a reward. Staking, on the other hand, involves holding a certain amount of HNT in a compatible wallet and participating in the network's consensus mechanism. By staking your tokens, you can help secure the network and earn rewards. Keep in mind that mining and staking require some initial investment and technical knowledge, so it's important to do your due diligence before diving in.