How to Partial Stake Helium HNT | Simple Steps | Partial Validator | Partial Staking - YouTube

Channel: Modo Tech

[0]
welcome it's mototech helium sticking is聽 live today i will show you how simple it聽聽
[6]
is to stake your helium even if you don't have聽 10 000 hmt or it's about 100 000 us dollars to聽聽
[14]
run your own validator so people like you and聽 me who are just not so rich can also take some聽聽
[20]
profit from being a partial validator and grow聽 your portfolio with very attractive apr before聽聽
[27]
we start i want to thank you very much for your聽 tremendous support to my channel if you're new聽聽
[32]
to the channel please click here to subscribe and聽 let's discover cool technology products services聽聽
[38]
and projects together before we start talking聽 about helium so for those of you guys who live聽聽
[43]
on the west coast of the united states please聽 stay cool out there i saw the weather forecast聽聽
[50]
it's about to hit 46 celsius or it's about 120聽 fahrenheit degree out there that is absolutely聽聽
[57]
insane i used to live in seattle and i know around聽 this time it should be around eight celsius eight聽聽
[63]
to ten celsius or it's about 46 fahrenheit not聽 46 celsius degrees this is this is insane what聽聽
[70]
can i say climate change is real i guess i mean聽 you know it's real when china decided to crack聽聽
[75]
down all these bitcoin mining farms to save聽 the environment well talking about the bitcoin聽聽
[82]
something's happening so when i checked out聽 today's bitcoin global hash rate i realized that聽聽
[89]
it's now the bitcoin global hashrate has聽 dropped about 50 in the past two weeks and it's聽聽
[97]
now reached 68 extra hash per second and if you聽 watch my video on why bitcoin could reach 200 000聽聽
[107]
in 2032 you know that the global bitcoin hash rate聽 is the driving force behind bitcoin's true value聽聽
[115]
so for those of you guys who are doing short-term聽 investment please stay safe out there all right聽聽
[121]
now let's talk about helium i mean keaton聽 mining only costs about 5 watts per device聽聽
[126]
and for most people you can really only run聽 one device at a time and based on the concept聽聽
[131]
of proof of coverage you can't really run that聽 many uh run a mining farm or something like that聽聽
[139]
so hinom is actually pretty environmental friendly聽 but this week helium blockchain has gone through聽聽
[144]
some pretty rough time and if you're those one of聽 those miners out there you might have noticed that聽聽
[149]
in the past couple of days you have received聽 zero profit zero helium and that is because聽聽
[156]
um helium network was was uh partially聽 unavailable and the blockchain was actually聽聽
[163]
halted at some point and then there was also聽 uh there's some maintenance on the of router聽聽
[171]
and that being said all this happened when聽 the validators are coming to the main net聽聽
[180]
and that's right the validator was actually聽 running on the test net before and they're聽聽
[185]
actually making a good amount of profit and now聽 they're actually migrating that to the mainnet聽聽
[190]
so more people could join and more people could聽 there could be more validators and the validators聽聽
[197]
is actually here to ensure the security of the聽 network and keep the integrity of the network聽聽
[203]
and as you can see on tm's official website聽 it says did announce that mainnet staking聽聽
[210]
is alive however the validator are not working聽 yet it does provide a really attractive apr聽聽
[219]
and right here down here is how many millions聽 of helium is staked in the entire helium network聽聽
[227]
and how much apr it would be as you can see the聽 more helium stick the less apr there is um and聽聽
[235]
i believe we have already reached 5 million hnt聽 staked so what that means is that the current聽聽
[244]
apr is about 72 percent even if we reach to 10聽 million hnt state we will still have about 36聽聽
[253]
of apr and this is before the halfing聽 happening in uh uh august this year
[262]
so you know what that's that's still better than聽 um i think all of the banks in fact and obviously聽聽
[268]
there is some and obviously there will be some聽 risks involved and that means when you're staking聽聽
[275]
your helium uh you need to keep the helium there聽 you can't be doing daily trainings or something聽聽
[281]
like that and if you're doing a partial staking聽 you will have to send your helium to another聽聽
[288]
another pool and basically that's somebody聽 else's helium address and hopefully they聽聽
[293]
just don't just run off with all the helium in聽 that account well there are ways to track it but聽聽
[300]
this is also why before you decide to stake all聽 your helium make sure you do your own research聽聽
[308]
all right that being said um i will show you聽 which service i choose to stake my helium
[317]
the one i choose is helium staking and this聽 is actually one of the most popular ones聽聽
[322]
right now and it's it's very user friendly this is聽 their main website they do provide partial staking聽聽
[329]
pool and validator as a service um setting up a聽 validator it does take some technical skills if聽聽
[336]
you're one of those technical savvy people and you聽 actually got 10 000 hnt or you and your friends聽聽
[344]
together have 10 000 hmt you can actually run a聽 validator yourself set it up through one of these聽聽
[352]
cloud providers like microsoft azure or aws or you聽 can even run one your own house if you really want聽聽
[360]
and for most people like you and me聽 out there who just looking for partial聽聽
[364]
staking you just have to make a聽 count and then you can get into聽聽
[369]
their dashboard i will show you how simple this聽 dashboard is and as you can see this is their聽聽
[375]
dashboard and it shows you how many hnts are聽 staked right now um two days ago it wasn't even聽聽
[383]
uh ten thousand that was almost forty thousand聽 this is pretty quick and uh the amount of users聽聽
[388]
we already reached uh 158 um you can see uh the聽 entire dashboards uh the entire post performance聽聽
[398]
when they actually start running actually and聽 you can also see uh the amount you have staked
[406]
so when you register you will get a internal聽 wallet and this is a wallet you need to send聽聽
[411]
your helium to and once you send it over there聽 you can decide to stake it uh as you can see聽聽
[419]
i when i send my it was a little bit聽 over 5 hnt i just simply clicked the聽聽
[425]
deposit and then i just sent from my personal聽 wallet you do have to remember try not to send聽聽
[432]
from those one of those exchange like crypto.com聽 or binance.us some people had no issue but some聽聽
[438]
people actually been having some issues not being聽 able to transfer the fund over and once the fund聽聽
[445]
is over here uh it actually didn't take that long聽 with all these network issues in the past two days聽聽
[451]
it only took overnight for the helium to get to聽 my internal wallet and then i click stake and you聽聽
[458]
will see that i have five hnt staked at the moment聽 you can withdraw them at any time but if you stake聽聽
[465]
them you do have to unstake them as you can see聽 you can choose the amount you stick and you do聽聽
[472]
click on stake and you go through the process聽 too i'll stake it so it's really user friendly聽聽
[478]
it's you're basically not really committing to聽 anything it also even provide the service to auto聽聽
[484]
stake if you let's say you made some profit uh聽 in this week or this month and you don't want to聽聽
[490]
log on here all the time to send all these profit聽 into a stake manually you can have the system to聽聽
[500]
auto stake all these profit for you which is聽 great that's what is exactly what i'm going to do聽聽
[508]
and as you can see there's some my hot spot this聽 thing is not fully available yet an external聽聽
[515]
wallet you can put some external wallet maybe it聽 will help you send your fund a little bit faster聽聽
[521]
anyway this website also has a two-factor聽 authentication to increase your security聽聽
[529]
but you should always make sure聽 to double triple even triple check聽聽
[536]
the address you're sending your helium to
[543]
because in the end because at the end of the day聽聽
[547]
you are responsible for your own asset聽 all right let's get to the numbers聽聽
[553]
you must be thinking like how much can you聽 really make if you stake your helium right聽聽
[558]
thanks to tactical investing he's also a great聽 youtuber and he actually shared this spreadsheet聽聽
[566]
online um i will also link the spreadsheet um in聽 my description and his channel he's got a bunch聽聽
[572]
of great investing videos um feel free to check聽 them out we assume there are 200 validators and聽聽
[578]
the validators are always increasing at a 5 rate聽 and let's say current hnt is about 12 percent聽聽
[588]
hnt price change uh let's just assume it's聽 two percent each month when you put a number聽聽
[594]
make sure you put the percentage sign there聽 otherwise you would get some ridiculous number聽聽
[598]
two percent each month will actually bring聽 you to very close to thirty percent a year聽聽
[602]
and imagining like this month this聽 year we actually have a halving um聽聽
[607]
in august so two percent is actually uh聽 quite uh conservative but there is also cost聽聽
[615]
uh to run validators let's say each validator聽 you can you at least will have to have 10 000聽聽
[623]
hnt in there for me i want to check out uh for 100聽 hmt which is about 1200 us dollars and how much i聽聽
[634]
can really make and as you can see in about a year聽 my 12 hundred dollars will end up more than double聽聽
[644]
it will end up being twenty five hundred dollars聽 is based on these numbers i'm running right now
[654]
so of course uh these numbers may change as we聽 get more or less uh hnt staked uh in their entire聽聽
[663]
net and uh of course the i would assume hnt will聽 fluctuate uh with the rest of the cryptocurrencies聽聽
[672]
just because a lot of times they're trading the聽 same exchange however you know even if this you聽聽
[677]
make a 50 in a year that that's still a lot i聽 mean if you save if you have a savings account聽聽
[684]
and it could currently it's probably at uh 0.85聽 percent um at the best i would assume there there聽聽
[692]
is definitely some risk involved but it comes聽 with great rewards when you get to this form聽聽
[698]
make sure you use your google account and make a聽 copy of it otherwise you won't be able to edit it聽聽
[705]
once you get it play around and see if it makes聽 sense for you to stake your hnt i hope you got聽聽
[711]
something useful out of the video today if you聽 enjoyed the video please like and subscribe to聽聽
[716]
the channel this will help tremendously with聽 the youtube algorithm and help me create more聽聽
[721]
interesting videos in the future for you聽 this is moto tech i will see you next time