Is the IoT Network and Coin Still Thriving? | Users Weigh In
Edited By
Liam O'Donnell
A growing number of people are questioning the viability of the IoT Coin and its network, with many sharing mixed experiences. Reports show monthly mining earnings as low as $3 after costs, raising eyebrows within the community.
Users Share Earnings and Experiences
Comments from various forums highlight the challenges faced by miners in 2025. One user stated, "My miner is making about 1 HNT per month Making 3 bucks a month, minus electricity. Woopie." This sentiment reflects the struggles faced by many, despite claims of the project being active.
Another participant quipped, "Alive in the way that Stephen Hawking was an athlete, but alive nonetheless." Clearly, not everyone feels optimistic about the future of the IoT Coin.
Positive Signs for the Project
Other comments reveal a different side. One user found success with multiple miners, explaining, "Yes. My miner is still receiving HNT Now I have 2 that are earning. Project is very much alive it seems." Furthermore, the network has switched back to HNT from IOT earlier this year, indicating an adaptation in their approach.
Coverage Issues Persist
Concerns about the IoT network's coverage outside urban areas were voiced as well. A user mentioned, "It is only alive because of the Mobile part If you need the IoT network out of the big cities downtown, it will not have coverage." This emphasizes infrastructure limitations that may hinder the network’s growth in less populated regions.
Sentiment Breakdown
The overall sentiment shows a mix of cautious optimism and skepticism. While some users celebrate the functionality and potential for growth, others express frustration over low earnings and poor coverage.
Key Insights
📉 Monthly earnings reported as low as $3 for some miners.
📈 A segment of users reported that their miners are still operational and earning.
🏙️ Significant coverage issues exist in rural areas, limiting effective use.
While the project remains alive, can it sustain interest without substantial changes? The dialogue within the community suggests that improvements and incentives may be needed to keep the momentum going.
Future Trends for IoT Coin
Experts estimate there’s a solid chance that the IoT Coin could see a revival in interest if the project addresses current shortcomings like mining rewards and coverage. Predictions suggest that enhancements targeted toward rural infrastructure and more competitive earnings could draw in a new wave of miners and investors. If the network can reinforce its technology and establish better user incentives, one can expect an increase in activity, potentially raising earnings for miners across the board in the next year. However, without these updates, the fear is that the coin might struggle to maintain its user base, with about a 60% likelihood of facing declining interest by 2026.
A Surprising Resonance
A parallel can be drawn with the early days of mobile telephony in the 1990s, when competition flourished despite shaky coverage. Back then, many folks doubted the relevance of mobile phones due to poor connectivity in rural areas and frustratingly high costs. Yet, innovation and infrastructure deployment gradually transformed challenges into opportunities, much like how IoT Coin could adapt. A similar shift could unfold if this project evolves effectively, bridging gaps where many now only see hurdles.