Utah's Crypto Antenna Mystery: Continues to Intrigue Experts
Utah's Crypto Antenna Mystery Unraveled
Over two years ago, a discovery of mysterious antennas, consisting of a locked battery box, a router, and a solar panel, in the mountains of the Salt Lake City area has left the Utah authorities baffled over their origin, and today, there is still no official answer as to who was behind them.
Helium Hotspots Theory
According to one theory, these antennas belong to the wireless blockchain platform Helium and potentially serve as hotspots for its customers so they can mine the network's native token, HNT, and earn money, which would mean that those individuals were the ones setting them up after purchase.
Similarities with Helium Hotspots
Upon closer inspection, the setups on the photographs look much like the Helium mining equipment available for purchase in online marketplaces like eBay, such as the Helium Rak Miner Antenna bundle, or directly from their manufacturers.
While it looks like Helium Miners, whoever is placing them is spending more on infrastructure than they could ever dream of making today. Helium as a cryptocurrency asset has been on a major slide even before FTX and 3AC cratered.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.