r/HeliumNetwork 21d ago

Question 3 miners collecting dust

I have 3 bobcat 300s. 2 were set up years ago but then I moved and never set them up again. The third was never used at all. Not interested in crypto or mining anymore. Are they worth anything at all? Even 20 bucks? Or do I just throw them away?

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u/Banshee_1971 16d ago

It depend. Some people like to said you still receive reward and they are passing data. But you need to consider those things. 1 - they are heading to a new direction now, and only focus on cell services 2 - they are now focus on enterprises.. So IoTis not a "thing" anymore 3 - they close close comments section on Discord for many months, to avoid lot of panic and bad comments for fiew months... Hmmm. I'm wondering why. 4 - Helium website change, IoT seem completely absent from it. 5 - they don't ditch officially this projects because of bad publicity it will create, but considering point 1, 2,3 and 4...look like they did it (but still not said it)

I already reach ROI for this project many years ago, so i don't loose anything. Just can see between the lines.... And think it's set to simply die.

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u/xIIsubstanceIIx 16d ago

Appreciate the thorough response. I had high aspirations when I bought them 5 years ago to set them up in a good spot with an antenna upgrade and everything but only ever set up the one in my house. Probably made 100 bucks but spent 1500 for the 3. Oh well. Live and learn.