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Does anyone else think that Helium (HNT) is a well coordinated scam?

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by COINS NEWS 169 Views

Connection between many of suppliers being created by and affiliated by Chinese.

Spoofing being a huge issue still that is constantly brushed under the rug by admins. Many of the people that complain about these types of things get banned on their subreddit. There are many farms in China (like tons) where crypto is banned.

There have been many reports of phishing attempts coming from the miners. Port 44158 is open for these miners which basically gives these miners a free main line into your network. My hotspots use upwards of 100gb a month.

Edit (another point added):

It doesn’t provide any utility when people spoof their locations. When someone says their miner is in one place and it’s not actually their, it gives the person trying to utilize the network the wrong impression…. The first rak miners submitted to the FCC for review had both a LoRa module AND GPS module which would make it extremely hard to spoof. However, the miners that actually ended up being distributed didn’t have GPS modules basically giving the green light for many large Chinese spoofing farms. Many of which popped up (hundreds at a time) while people were waiting over 8 months for miners that are finally now getting delivered for some.

Many more things are suspect and I’m just asking the general crypto community what you think?

submitted by /u/Training_Influence49
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