Way to Gain High ROI for Helium as Space gets Crowded: Single Owned Rural Miner Networks(SORMNs)
Helium network is growing rapidly as miners are being deployed around the world at a rapid pace. However, with the large increase of miners there is a key drawback some Helium HotSpot hosts may face- New miners that are deployed too closer to the existing miners, decreasing the reward scale of the whole area. Reward scale in Helium is programed to prevent deploying miners close to each other by penalizing poorly placed miners, thus incentivizing good placement to adequately expand the network. This effect of decrease of reward scale can be seen by analyzing any major city in US that have a high density of miners. The rewards received by everyone within that region has decreased drastically.
So with more miners coming, how can a potential investor looking to venture into Helium HotSpot deployment can make a good return on investment? The answer is Single Owned Rural Miner Networks (SORMNs). These are miners deployed in a rural area by a single entity, with reasonable distances between the miners to ensure highest rewards scale is achieved within all the miners. Since miners are close to each other they will witness off each other and provide proof of coverage solutions and due to high reward scale provide a good earning. Since the locations are rural solar enclosures would provide an easy deployment and any cost associated with leasing land would be cheap. The enclosures can support 4G modems and can be configured for Star-Link systems for specially remote areas.4