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by mikeyouse 1261 days ago
That's actually how the stupid Helium network was setup.. it used to (maybe still does?) provide rewards for setting up a hotspot and much much less for data throughput so it was basically a big grift to sell miners. Then they gave a huge proportion of the earliest miners to their executives and family members so that commoners buying miners were basically just funneling money to the execs.

https://www.forbes.com/sites/sarahemerson/2022/09/23/helium-...