Geodnet Miner Review – Great Space Weather Crypto Miner

I review the Geodnet miner and show how much it earns, what it does, how to setup and share if I think it is worth getting a space weather miner. This crypto miner might be one of the best crypto miners for 2024 due to its crypto token increasing a lot in price and thus increasing the miners earnings.

Nothing in any of my articles are financial or investment advice. There are affiliate links used across this website that generate me income without any additional cost to those who use them.

Table of Contents

  1. My background using the Geodnet miner
    1. This miner is included in my “Top 4 crypto miners for 2024”
  2. What is Geodnet?
    1. Can anyone get a Geodnet miner station?
  3. What does the MobileCM Hyfix miner?
    1. Why measure space weather?
    2. Does Geodnet provide a real world use-case?
    3. What is Hyfix miner electrical cost?
    4. What does Geodnet miner earn?
  4. How much does the Hyfix MobileCM miner cost?
    1. Where can I buy the Geodnet miner?
    2. What comes with the Geodnet satellite crypto miner?
  5. How to setup and use the Geodnet miner?
  6. How much do the Geodnet miner earn?
    1. Where can I sell my GEOD tokens?
    2. Which wallet can I store my GEOD tokens?
  7. Summary – Is it worth getting a Geodnet crypto miner?
  8. Is Geodnet the best crypto miner 2024?

My background using the Geodnet miner

I have had a Geodnet miner since spring 2022, so almost for 2 years. During these 2 years I have not needed to make any updates or changes to the miner, it does all those things automatically. After I setup my miner it have simply earned me crypto rewards daily. So this miner have generated me a passive income without any additional effort, which is nice.

This miner is included in my “Top 4 crypto miners for 2024”

I reviewed the Geodnet miner and including it in my “Top 4 crypto miner for 2024” video because of Geodnet’s real world use-case growing and their crypto token price increasing, thus increasing the miners earnings. Here below you can see my “Top 4 crypto miner” video.

What is Geodnet?

Geodnet started in 2021 and is a community GNSS (Global navigation satellite system) network that gather real-time space weather data from earths atmosphere using the MobileCM satellite miner stations. These stations are able to connect to satellites and act as a reference grid on earth that results in centimeter precision for location data services. Geodnet utilize blockchain for data transfer and incentivising station users for setup and maintaining their stations. Geodnet is the world leader in this sector in terms of precision and cost efficiency.

Setup of hyfix miner

Can anyone get a Geodnet miner station?

Anyone can contribute to the Geodnet network by getting a MobileCM station and benefit from the world’s number one decentralized GNSS network and get crypto rewards without any high electricity costing equipment.

What does the MobileCM Hyfix miner?

Each Hyfix MobileCM crypto miner station is a plug and play device that collects satellite navigation signals that provide real-time data to the Geodnet network. The station is an RTK base-station that collects space weather data that is used for location data services. Each station is rewarded with crypto tokens proportional to their data quality and uniqueness of location.

show in review how geodnet hyfix miner works

Why measure space weather?

Space weather is changing all the time and can impact earth’s magnetic field and atmosphere that can cause practical issues for many technical service solutions that are disturbed by those changes. By being able to monitor space weather in real time it enables the technical solutions to adapt and account for these changes and avoid disturbances. Before, space weather was measured by a few large stations that was very expensive and not so accurate. With Geodnet, constantly measuring data across the world and utilising blockchain technology allows much higher precision and at a lot lower cost.

Does Geodnet provide a real world use-case?

Geodnet provides real world use-case with it’s high precision location service for a number of services. For example, automatic tractors and lawn mowers. The service of having navigation apps, autonomous vehicles, running with centimeter precision is in huge demand across many industries.

Show the geodnet miner use case in this review

What is Hyfix miner electrical cost?

The Hyfix miner electricity cost is low and estimated to around $1 per month. The device require almost no power at all and therefore have a low electrical cost. I estimate that the device require between 10-20 watt of power.

What does Geodnet miner earn?

The Geodnet miner earns the GEOD token. The GEOD token is a crypto token that runs on the polygon network. Here you can see the GEOD tokens current value on coinmarketcap.

The geodnet miner token price

How much does the Hyfix MobileCM miner cost?

The Hyfix MobileCM miner cost $695.

Where can I buy the Geodnet miner?

You can buy the Geodnet miner by Hyfix and it can be found here. You can save 10% of the cost by using the discount code “nordic” when buying the miner.

What comes with the Geodnet satellite crypto miner?

The package the miner comes with include everything you need to get connected including:
    • MobileCM Triple-Band 4 Constellation GNSS Receiver
    • Survey Grade Triple-Band Roof Antennae
    • 9m Antennae Cable
    • WiFi Antennae
    • USB-C Power Cable
    • Mounting Pole (0.3m) and Brackets Included

How to setup and use the Geodnet miner?

You setup the Geodnet miner by installing it on a pole on the roof or out on an open field with a clear sky. See a tutorial video below on how to setup the Geodnet miner. The reason for needing to install the miner with a clear sky is for the miner to have clear connection to satellites. If the miner does not have a clear sky the data will show errors and you will not earns as much GEOD tokens with your miner.

How much do the Geodnet miner earn?

The Geodnet miner currently earn 48 GEOD tokens per day. At the current price of $0.12 per GEOD token that equals that this miner earns $5.76 per day. That makes its current ROI (Return on investment) 121 days.

Satellite crypto miner

Where can I sell my GEOD tokens?

The GEOD token can be sold on Uniswap or Quickswap. Those two options are decentralised exchanges where you swap your GEOD tokens for other crypto tokens.

Which wallet can I store my GEOD tokens?

I use the Metamask wallet to store my GEOD tokens. Metamask is a free web3 crypto wallet that is a web browser extension wallet that anyone can use for free. To be able to buy, see and handle your GEOD tokens you need to add the “Polygon Mainnet network” to your Metamask wallet which you can do here on chainlist. If you are looking for a safer hardware crypto wallet the Tangem wallet can be used which is both the safest and easiest crypto wallet. You can checkout my review of Tangem wallet here.

geodnet hyfix miner

Summary – Is it worth getting a Geodnet crypto miner?

Since Geodnet’s real world use-case is growing and the GEOD token price is increasing it looks like a bright future for us with a Geodnet miner. I personally believe the GEOD token price will continue to increase and thus increase the miners earnings. Therefore I think it is worth getting a Geodnet crypto miner.

Is Geodnet the best crypto miner 2024?

The Geodnet miner is currently one of the best crypto miners 2024 due to it’s simplicity and good earnings. There are not many other crypto miners that are this easily setup and provide consistent earnings over time.

Fry Miners – The cheapest crypto miners
ETCMC Node reivew – Ethereum classic node.
IceRiver KS0 Pro Kaspa miner reivew.

Leave a Comment