Is Helium mining dead in 2024?
Could you please elaborate on the speculation that Helium mining might be dead in 2024? Given the current trends in cryptocurrency and blockchain technology, how likely is it that Helium mining will become obsolete or unprofitable in the near future? What factors might contribute to this potential decline, and what could be done to revive or sustain Helium mining in the long run? Additionally, what are some alternative opportunities or strategies that miners could consider in case Helium mining does indeed become unviable? Thank you for your insights.
Is helium mining still profitable?
Could you please elaborate on the profitability of helium mining currently? Given the fluctuations in the cryptocurrency market and the increasing competition in the mining industry, I'm curious to know if helium mining remains a viable and profitable venture. Are the rewards still substantial enough to justify the investment in mining equipment and the operational costs? Additionally, what are the current trends and predictions in the helium mining industry that might impact its profitability in the future?