Frequently Asked Questions

Helium is a decentralized wireless network that currently provides connectivity to low-bandwidth, embedded devices and is currently expanding to 5G coverage. The Helium project is managed by Helium Inc, but anybody, anywhere, can contribute to the network by providing wireless coverage. As an incentive for doing so, a portion of the Helium blockchain rewards will be given to anyone who participates proportionate to their contribution.

If you choose to partner with US Mining, LLC, we will cover all up-front costs of hardware and installation, so you will pay nothing out of pocket to get started. Once the installation is complete, US Mining, LLC will recover the initial costs for the installation from the revenue generated. At current rates, one can reasonably assume that this will take 90-120 days. Upon recouping the initial investment, all profits generated by the device from then on will be split 50/50

Bitcoin Mining is the term used to describe validation of blocks on the Bitcoin Blockchain. It uses a proof-of-work system whereby SHA-256 hash values are calculated and determined to be valid or invalid. These calculations are done by computers at rates in the trillions of hashes per second. Bitcoin Miners get paid when they find a valid share, either as an individual, or by contributing to a mining pool.

Big-name Bitcoin miners have a serious problem on their hands with the recent executive order signed by the White House which will closely examine the environmental impacts of crypto mining. We are already accounting for anticipated regulations by using state-of-the-art machines with higher efficiency and seeking out renewable energy opportunities.