FAQS about rental location
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How do I know if my home is suitable?
From Mine and More we will make a first evaluation without commitment, based on parameters such as the location of the house, its orientation and the place where the antenna will be placed.
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Will I have to pay anything at some point?
No, we take care of the equipment supply, installation, maintenance and removal.
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The antenna is connected to the electrical network, does it consume a lot?
No, it has a very low consumption. The nominal power of the equipment is around 15 w. Being continuously connected means a consumption of about 11 kWh/month, the equivalent of your home router (approximately €2.5/month according to the contract with your electricity supplier).
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What is the function of the antenna?
The antenna is an access point for Helium, a crypto environment based on the LoraWan network. LoraWan is a global network that creates long-range public wireless coverage for IoT devices.
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Is it harmful to health?
No, the LoraWan network in Europe broadcasts on the 868 MHz frequency, which is a non-ionizing frequency. In addition, the emission power is always below the legal limits defined in the LoraWan standard.
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Are there many such antennas already installed?
In the world there are more than 700,000 LoRaWan antennas (hotspots) only for the Helium network
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What benefit does Mine and More get?
Helium compensates access point (antenna) holders with HNT, the native cryptocurrency of the Helium blockchain. Mine and More obtains said cryptocurrency and shares the profits through a monthly payment.
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Do I have to know anything about blockchain or cryptocurrencies?
There's no need. The remuneration you receive is as a lease, by allowing the installation of the antenna in your home.
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In what currency would you pay me and when?
You will receive the payment in euros in your bank account. It is done at the end of each month, as long as the agreed conditions have been met.
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What conditions must I meet to receive the payment?
That the antenna has been operational during the period in question (connected to the electrical network and with an Internet connection).
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What happens if I lose internet or electricity? What if the antenna breaks?
The installation will not generate profits during this period, so the income will be reduced.
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Why is there a 2-month trial period without pay?
We need to verify that the antenna meets minimum requirements that allow the viability of the project, for which several weeks of data analysis on its performance are required.
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What happens if the trial period is not passed?
We take care of dismantling the installation, at no cost to you.
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Is there a minimum stay? What penalty is there for breaching the contract?
We will sign a contract with a validity of 1 year, although both parties may terminate the agreement unilaterally with a notice of 2 months.
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Is the installation of this type of antennas legal?
Yes, both cryptocurrency mining and the use of the LoRaWan network are legal in Europe. Our relationship will be reflected in a contract that will include all aspects of the agreement for compliance with current legislation. Below we explain it in more detail.
Frequent questions
-
How do I know if my home is suitable?
From Mine and More we will make a first evaluation without commitment, based on parameters such as the location of the house, its orientation and the place where the antenna will be placed.
-
Will I have to pay anything at some point?
No, we take care of the purchase of the equipment, installation, maintenance and removal.
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Where in my house would the antenna be placed? And how tall is it?
The antenna would be placed outside, at the highest point possible (terrace or roof). The objective is to avoid visual obstacles from the installation point to the horizon, to obtain better performance.
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The antenna is connected to the electrical network, does it consume a lot?
No, it has a very low consumption. The nominal power of the equipment is around 15 w. Being continuously connected means a consumption of about 11 kWh/month, the equivalent of your home router (approximately €2.5/month according to the contract with your electricity supplier).
-
What is the function of the antenna?
The antenna is an access point for Helium, a crypto environment based on the LoraWan network. LoraWan is a global network that creates long-range public wireless coverage for IoT devices.
-
Is it harmful to health?
No, the LoraWan network in Europe broadcasts on the 868 MHz frequency, which is a non-ionizing frequency. In addition, the emission power is always below the legal limits defined in the LoraWan standard.
-
Are there many such antennas already installed?
In the world there are more than 700,000 LoRaWan antennas (hotspots) only for the Helium network
-
What benefit does Mine and More get?
Helium compensates access point (antenna) holders with HNT, the native cryptocurrency of the Helium blockchain. Mine and More obtains said cryptocurrency and shares the profits through a monthly payment.
-
Do I have to know anything about blockchain or cryptocurrencies?
There's no need. The remuneration you receive is as a lease, by allowing the installation of the antenna in your home.
-
In what currency would you pay me and when?
You will receive the payment in euros in your bank account. It is done at the end of each month, as long as the agreed conditions have been met.
-
What conditions must I meet to receive the payment?
That the antenna has been operational during the period in question (connected to the electrical network and with an Internet connection).
-
What happens if I lose internet or electricity? What if the antenna breaks?
The installation will not generate profits during this period, so the income will be reduced.
-
Why is there a 2-month trial period without pay?
We need to verify that the antenna meets minimum requirements that allow the viability of the project, for which several weeks of data analysis on its performance are required.
-
What happens if the trial period is not passed?
We take care of dismantling the installation, at no cost to you.
-
Is there a minimum stay? What penalty is there for breaching the contract?
We will sign a contract with a validity of 1 year, although both parties may terminate the agreement unilaterally with a notice of 2 months.
-
Is the installation of this type of antennas legal?
Yes, both cryptocurrency mining and the use of the LoRaWan network are legal in Europe. Our relationship will be reflected in a contract that will include all aspects of the agreement for compliance with current legislation. Below we explain it in more detail.